Search Results for: financial market infrastructures

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The Rise of Cross-Border Digital Payments

Prajakta Ayade
by Prajakta Ayade0
The digital revolution has profoundly transformed many aspects of our daily lives, and the realm of digital payments is no exception. Digital payments, once a niche domain, have become mainstream, enabling seamless transactions at the click of a button. As globalization intensifies and the internet connects even the most remote......
Finastra Boosts Its Payments Processing Strategy With Fed Certification for ISO 20022
Digital Payments News

Finastra Boosts Its Payments Processing Strategy With Fed Certification for ISO 20022

PR Newswire
by PR Newswire0
Finastra is among the first in the industry to complete testing and certification for multiple solutions, enabling and supporting compliance readiness for its financial institutions’ customers Finastra, a global provider of financial software applications and marketplaces, announced it has completed testing and certification through the Federal Reserve for ISO 20022,......
Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System
Digital Payments News

Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System

PR Newswire
by PR Newswire0
Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines. As an IIPS, Higala will serve as a financial superhighway that will connect thrift banks, rural banks, and microfinance institutions that are currently excluded from payment networks because of high switching and on-ramp costs. Despite the presence of 400 rural banks in the Philippines, only a mere 18 are part of InstaPay. This highlights a significant challenge:......
C3 Rules and HyperRisk Solutions Forge Strategic Alliance to Transform Cryptoasset Compliance
Cryptocurrency Fintech News

C3 Rules and HyperRisk Solutions Forge Strategic Alliance to Transform Cryptoasset Compliance

Business Wire
by Business Wire0
In a dynamic shift within the finance sector, traditional banking institutions are increasingly investing in a variety of cryptoasset exposures, including stablecoins, tokenized assets, ETF products, and cryptocurrencies. However, the Basel III framework tempers this forward thrust, requiring substantial capital reserves against investments that fail to meet exacting standards, alongside......
OVHcloud Opens New Data Center and Invests $145 Million in the Toronto Area
Investment Services News

OVHcloud Opens New Data Center and Invests $145 Million in the Toronto Area

PR Newswire
by PR Newswire0
The new Toronto data center, like other global OVHcloud data centers, will be accessible to OVHcloud US customers and will deliver improved latency compared to the existing OVHcloud data center near Montreal and the OVHcloud US data center in Vint Hill, Virginia. OVHcloud US, a leading global cloud provider, is excited to announce......
Fintech Trends 2024: How Can Enterprises Be Better Prepared?
Artificial Intelligence Banking Blockchain Business Digital Payments Featured Finance Fintech

Fintech Trends 2024: How Can Enterprises Be Better Prepared?

Prajakta Ayade
by Prajakta Ayade0
As the year progresses, the fintech industry has the most eyeballs glued, looking up to all the trends that might follow, how new AI advancements play out and how fintech security evolves. At the forefront of this is the advent of digitised payments, marking a significant shift from conventional cash-based......
Deloitte Report: Improved Financing Could Save US$50 Trillion as the World Decarbonizes
Finance News

Deloitte Report: Improved Financing Could Save US$50 Trillion as the World Decarbonizes

PR Newswire
by PR Newswire0
Improved financing structures and implementation could help drive down the cost of the transition to net-zero in developing economies by nearly 40% Governments, investors, and financial institutions should work together to develop mechanisms and instruments that can reduce risks and unlock private finance at attractive costs Policy and regulatory initiatives......
PayNet Banks On AI-Driven Network by Juniper Networks to Drive Expansion of Malaysia’s National Payments Infrastructure
Artificial Intelligence Fintech News

PayNet Banks On AI-Driven Network by Juniper Networks to Drive Expansion of Malaysia’s National Payments Infrastructure

Business Wire
by Business Wire0
The network upgrades deliver AIOps and rich automation, capitalizing on the Juniper Mist Cloud to enable PayNet and Malaysia’s local and cross-border payment infrastructure expansion Juniper Networks, a leader in secure, AI-driven networks, today announced that Payments Network Malaysia (PayNet), Malaysia’s national payments network and shared central infrastructure for its financial......
Banking News

GFT and Thought Machine to Accelerate Digitization Initiatives That Will Power US Banks’ Future Growth

GlobeNewswire
by GlobeNewswire0
The Companies Behind Standard Chartered’s Digital Bank Mox are Scaling Cloud-Based Core Banking Offerings Stateside Traditional banks are at a critical point in their digital trajectories, having amassed significant consumer trust beyond that of digital-first challengers. Now, global digital transformation company GFT and cloud-native banking technology company Thought Machine are equipping incumbent banks to thrive in the......
Corvallis and Finastra Extend Partnership to Help Italian Banks Accelerate Their Instant Payments Offerings
Banking News

Corvallis and Finastra Extend Partnership to Help Italian Banks Accelerate Their Instant Payments Offerings

PR Newswire
by PR Newswire0
The partnership will fast-track the modernization of IT infrastructures and adoption of real-time payments ahead of the EU’s mandatory transition to instant credit transfers Finastra, a global provider of financial software applications and marketplaces, announced its extended partnership with Corvallis, Tinexta Group, a leading IT services provider in the Italian......
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