December 16, 2021

Dealing With Supply Chain Stresses—Lessons From Financial Crisis https://ift.tt/3scsETk Aerial view of containers piled at Yantian International Container Terminals on December 5, 2021 in … [+] Shenzhen, Guangdong Province of China. Li Canrong/VCG via Getty Images If this year’s supply chain stresses and strains had been managed like a traditional financial crisis, with governments resolute […]

ING Bank Śląski goes live on Thought Machine’s Vault https://ift.tt/3F3oL6G Source: Thought Machine Thought Machine, the cloud native core banking technology company, today announces it has been selected by Polish bank ING Bank Śląski. The bank is now live on Vault, Thought Machine’s cloud native core banking engine, with a new personal loan product, enhancing

Confirmation of Payee goes cross-border for Dutch and French banks https://ift.tt/323E00W Europe has its first cross-border Confirmation of Payee service, thanks to a partnership between SurePay, SepaMail.eu and StreamMind. The service enables companies and banks to check that the account information entered matches the intended beneficiary when initiating cross-border payments between France and the Netherlands.

Tech futures climb nearly 100 points as investors cheer a more hawkish Fed https://ift.tt/3258nnG This is the web version of Bull Sheet, a no-nonsense daily newsletter on what’s happening in the markets. Sign up to get it delivered free to your inbox. Good morning, Bull Sheeters. Whoever had three 2022 rate-hikes on their Fed bingo card, congratulations! The very-limited edition

Tuum provides core services for new digital bank from Ferratum https://ift.tt/3dUsMyj Source: Tuum Europe has welcomed an innovative new smartbank; SweepBank, a customer-centric digital banking service offered by Ferratum Bank p.l.c., has today announced it is using Tuum’s next-generation core banking platform to deliver what it calls the “Netflix experience” to the banking industry. Utilising

Ebanx acquires Brazillian remittance player Remessa Online https://ift.tt/3EdrJ7H Latin American commerce platform Ebanx has acquired Brazillian remittance house Remessa Online for $229 million. Founded in 2016, Remessa Online currently has 320 employees and serves more than 350,000 companies and consumers from 100 countries, processing more than $5.2 billion in remittance inflow and outflow since inception.

China Troubles Boomerang On SoftBank’s 2021 Vision https://ift.tt/3pVzfie Masayoshi Son listens during a news conference in Tokyo, Japan. Kiyoshi Ota/Bloomberg Other than founder Jack Ma, arguably no one has more reason to be despondent about Alibaba Group’s 52% stock loss over the last year than Masayoshi Son. SoftBank billionaire Son, after all, did more than

Modifi snags $145 million in debt financing https://ift.tt/3yuhhXS Source: Modifi Global fintech MODIFI today announced 145M USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform. COVID-19 has negatively impacted

Idaho Central Credit Union launches bitcoin services via Alkami and Nydig https://ift.tt/3maBz3J Source: Alkami Alkami Technology Inc. (NASDAQ: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, has announced Idaho Central Credit Union (“ICCU”) has implemented bitcoin services through NYDIG and the Alkami Platform. Already a leader in ebranch,

Australia suffers 9.2% rise in Y-o-Y fraud on payment card transactions https://ift.tt/3F3Hsai Source: AusPayNet Data released today by the industry self-regulatory body Australian Payments Network (AusPayNet) shows a 9.2% rise in fraud on payment card transactions in the 12 months to 30 June 2021 (FY21) alongside an increase in online spending during COVID-19 lockdowns. With

SCBX and Publicis Sapient announce joint venture https://ift.tt/3sbdZaP Source: SCB SCBX Group and digital business transformation company Publicis Sapient today announced they have reached an agreement to enter a joint venture under SCB Tech X This strategic joint venture will unite the talent, deep sector knowledge and best-in-class technology of both organizations to usher in

Qapita hires Skanda Jayaraman to lead its marketplace for private securities https://ift.tt/3yv4kND Source: Qapita Singapore-based Qapita, digital platform for equity management, has roped in an experienced investment banker, Skanda Jayaraman, to lead its marketplace for private securities. The Company had earlier announced that it secured an investment and a partnership with Citigroup to accelerate its

PhonePe to tokenise cards on Visa, Mastercard and Rupay https://ift.tt/3E59tNn Source: PhonePe PhonePe, India’s leading digital payments platform, today announced that it has become the first payments platform to tokenise cards on all 3 major payment networks – Visa, Mastercard & Rupay. PhonePe’s tokenization solution will help businesses save significant time and effort by removing

Yolt connects Digital Debt Resolution Agency to streamline collections https://ift.tt/3e1pBow Source: Yolt Yolt, Europe’s leading open banking provider, has announced a strategic partnership with The Digital Debt Resolution Agency (The Digital DRA) to harness open banking payment and data services to improve debt resolution in the UK. Yolt’s Account Information Service (AIS) and Payment Initiation

Dashero to connect to bank accounts with Nordigen https://ift.tt/3dZ2s6e Source: Nordigen Free open banking platform Nordigen and all-in-one asset manager Dashero have partnered to facilitate quick and autonomous transaction imports from customer banks accounts onto the platform. Dashero is a full-service management tool for the digital entrepreneur, combining cashflow and digital asset monitoring services and

Tide to hire 600 techies in India over the next five years https://ift.tt/3J4LeD0 Source: Tide Tide, the UK’s leading business financial platform, with operations and an imminent launch in India, has announced a hiring spree of more than 600 tech professionals by the end of 2026. This drive, which constitutes nearly 60% of the company’s

Trayport completes first pilot trade of voluntary carbon offsets https://ift.tt/3E45q3Y Source: Trayport Trayport Limited (Trayport), a wholly-owned subsidiary of TMX Group, today announced the successful pilot trade of voluntary carbon offsets through Trayport’s Joule™ platform as part of the pilot phase. TMX Group, through its subsidiary, TSX Inc., and ClimeCo, a leader in the development

PCAF and CDC collaborate to help financial institutions measure and disclose their emissions https://ift.tt/3dV66xU Source: PCAF The Partnership for Carbon Accounting Financials (PCAF) and the non-profit global environmental disclosure platform CDP today announce a collaboration to enhance the capacity of financial institutions to measure and disclose their financed emissions using the PCAF Global GHG Accounting

Tinkoff relies on Finastra for launch in Philippines https://ift.tt/33t83zL Source: Finastra Finastra today announced that Tinkoff, one of the world’s largest digital-only banks serving over 18.5 million customers, has selected Finastra’s Fusion Essence Cloud core banking solution to power its planned expansion into the Philippines. Finastra’s next-generation, cloud-native system will enable Tinkoff to bring a

Barclays engages HPE to deliver private cloud platform https://ift.tt/3s96Urr Barclays Bank has contracted with HPE to deliver its private cloud platform as part of a hybrid multi-cloud strategy. Barclays’ global private cloud platform will host thousands of apps and over 100,000 workloads that will include virtual desktop infrastructure (VDI), SQL databases, Windows server and Linux.

What Are Metaverse Tokens? https://ift.tt/3DX8TkW Facebook invests in developing the metaverse, growth in metaverse tokens, and the key tokens to watch. The new phase of the internet is here. The metaverse combines virtual, augmented and extended reality with our physical world and the next two years look very promising for the industry, with Bloomberg predicting