SmartStream unveils AI-driven instant reconciliations tech
It is the only truly instant reconciliations solution currently available.
Corporate & Commercial Banking
Interview: Konstantin Vaysman, chairman of Mobile Finance Group – financial inclusion
And the role of mobile financial services in making this happen.
Sibos 2019: Regulation isn’t enough to trust the cloud
71% of listeners said they thought the cloud should be regulated.
SmartStream launches new AI module for payments processing
The new module will enable match rates to be instantly updated.
Latitude Financial preps $2.5bn IPO
It will be the largest IPO in the country since 2014.
The revolution happening in cross-border payments
Drop in to one of the many panel discussions at Sibos.
Banking Circle calls for financial inclusion for SMEs
The paper explores how to bring barriers down for small players.
France warns UK to avoid Brexit derivatives clash
AMF wants Britain to guard against potential for arbitrage opportunities.
Alison Rose appointed RBS chief, first female leader of major UK bank
Rose opens “a new chapter” for RBS.
Cappitech and Kaizen find firms are behind for SFTR implementation
Kaizen describes the figures as “somewhat concerning”.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
Caisse des Dépôts chooses Murex for its asset management
Murex’s MX.3 platform pulls every part of business into one.
Why BNY Mellon thinks fintechs are friends not foes
BNY’s head of digital explains how the company partners and invests in fintechs.
AI analytics platform FinTech Studios raises $5.1m
The company uses AI, NLP and ML to aid decision making.
JP Morgan and Societe Generale invest in trader fintech Wematch
Wematch is changing the way voice-traded financial markets operate.
Making banking human again
It might sound like a contradiction, but technology needs to make banking human again.
Behind the music: Tuning the noisiness of your KYC
Scanovate’s KYC Orchestra has been doing full tours in the EU, Latin America, Israel and the US.
Bud lays off 20% of its staff
One source says that majority of employees let go were in its marketing department.
Insurtech Broker Buddha raises $4.5m in round led by Vertex Ventures
Vertex Ventures says Broker Buddha is “driving significant industry change”.
LexisNexis Risk Solutions says companies will struggle with upcoming 5MLD
The regulation follows from the Panama Papers leaks and crypto.
Research reveals Belgium issued 95% of AML fines in last four months
Authorities handed down three AML-related fines May, totaling to $336.7 million.
TreasurySpring raises £2m to develop core technology
TreasurySpring experienced three-times the expected subscription.
New challenger AlbaCo plans to launch with Temenos’ core banking
It expects to receive a licence from the PRA and launch in 2020.
Australian start-ups welcome a senate inquiry into the fintech space
The start-ups argued that politicians have done far too little.
Tech vs. humans: Can fintech have it all?
Is interacting with a person over an algorithm a hindrance, or a help?
White paper: Moving traditional infrastructure into the smart POS world
Download the latest AEVI white paper
Valiant, Contovista and Swisscom launch a multi-banking solution for SMEs
SMEs can manage their liquidity across all connected accounts.
SmartStream RDU launches SFTR security reference data service
Gathering data required under SFTR could prove to be a headache for most firms.
Bankmed (Suisse) SA chooses MIT’s trade finance platform
“Releasing 5G is another important milestone for MIT.”
FCA steps up efforts to ensure firms are getting ready for a no-deal Brexit
This includes ads about its FCA Brexit webpages and a dedicated phone line.
Why has mid-market lending stagnated in banking?
One potential fix for this issue is the use of machine learning fintech.
New challenger bank Zenus picks NICE Actimize AML tech
The bank wants a cloud-focused financial crime strategy.
Nationwide partners up with Qlik
The primary goal is to make all employees across the organisation ‘data enabled’.
Volante launches free SaaS RTP instant payments processing
The offering is for the US Clearing House (TCH) RTP and European SEPA RT1 or TIPS instant payments.
NAB launches cybersecurity alliance in Victorian parliament
The bank has partnered with La Trobe University to provide cybersecurity workforce development.
BNP Paribas teams up with Kantox
This enables them to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ EMEA clients.
Xinja lands full Aussie banking licence
It is the country’s first independent neobank to receive a full licence and open accounts.
AI firm Syte eyes global expansion with $21.5m funding
The company will branch into visual AI-powered personalisation.
Delta Capita and DTCC Collaborate on SFTR Testing
Delta will make the test pack available to DTCC to test its own SFTR matching and reporting service prior to launch.
PRA grants Allica its banking licence
It’s now planning for a full launch and will ultimately offer working capital solutions and cash management.
