Tag : banking system

Real-Time Payments and the Redefinition Of Global Liquidity
Banking Digital Payments Digital Wallet Featured Finance Fintech

Real-Time Payments and the Redefinition Of Global Liquidity

Fintech Staff Writer
by Fintech Staff Writer0
The global financial system has been running on infrastructure built for a time when business moved more slowly for decades. Payments were handled in groups, settlements happened at predetermined times, and banks and other financial organizations used intermediate systems to make sure transactions were correct between countries and institutions. This......
DeFi for the Enterprise: Solving the "Real-World Asset" Liquidity Crisis
Banking Digital Payments Featured Finance Fintech Funding Security Technology

DeFi for the Enterprise: Solving the “Real-World Asset” Liquidity Crisis

Fintech Staff Writer
by Fintech Staff Writer0
Your business likely has millions of dollars sitting in unpaid invoices and heavy machinery. These items hold massive value on your balance sheet today. You cannot use them to pay your immediate daily expenses. This liquidity crisis slows down your growth and creates constant financial stress. The traditional banking system......
Allied Banking Corporation migrates core banking operations to the cloud with Finastra
Banking Cloud News

Allied Banking Corporation migrates core banking operations to the cloud with Finastra

Fintech News Desk
by Fintech News Desk0
Allied continues 15 year relationship with Finastra, upgrading from Finastra has today announced that Allied Banking Corporation (Hong Kong) has successfully migrated its core banking operations to the cloud, at the same time upgrading from Finastra’s Equation core bankingsolution to its next-generation Essence solution. Allied Banking Corporation has also gone......
Know Your Customer’s Company Registry Solution Now Available Through HKMA's Commercial Data Interchange
Banking News

Know Your Customer’s Company Registry Solution Now Available Through HKMA’s Commercial Data Interchange

Fintech News Desk
by Fintech News Desk0
Know Your Customer, a leading RegTech provider specializing in Business KYC verification, is delighted to announce the addition of its solution to the Hong Kong Monetary Authority’s (HKMA) Commercial Data Interchange (CDI). This collaboration is the latest milestone in the HKMA’s strategy to foster more efficient financial intermediation in the banking system and promote financial inclusion in the region.......
Tassat Group, Inc. Announces Multi-Currency Offering
Digital Payments News

Tassat Group, Inc. Announces Multi-Currency Offering

Business Wire
by Business Wire0
Leading B2B payments provider to offer capabilities for banks to hold and manage multiple fiat currencies within a single wallet Tassat Group, Inc., the leading provider of real-time digital payments solutions for commercial banks and their business-to-business (B2B) clients, announced a new multiple fiat currency functionality which will be available......
Banking Featured Fintech Fintech Primers Fintech Radar

Top 10 Fintech Applications Specifically Built For Smart Banking

Pooja Choudhary
by Pooja Choudhary0
Banking is necessary, but banks are not and why do banks have branches if money doesn’t grow on trees? Smart banking indeed is the need of today’s lifestyle and work culture. In this piece, we’re going to give you a brief synopsis of the top 10 fintech applications that went......
WealthRocket Survey Finds 56% of Canadians Concerned our Banking System is Vulnerable to Collapse
Banking News

WealthRocket Survey Finds 56% of Canadians Concerned our Banking System is Vulnerable to Collapse

PR Newswire
by PR Newswire0
Recent bank crises in the U.S. and Europe have many Canadians worried about the fate of their deposits here at home, and the resiliency of our banking system. A new survey conducted by WealthRocket reveals more than half (56%) of Canadians are concerned our domestic banking system is vulnerable to collapse, similar......
Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse
Compliance management News

Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse

Business Wire
by Business Wire0
In the wake of the recent collapse of Silicon Valley Bank (SVB) and Signature Bank—and subsequent banking industry developments in the U.S. and elsewhere—markets and the public should be reassured by the response of federal regulators to cover depositors and to help maintain confidence and stability in the resilient U.S.......
ModernFi Announces Advisory Board as the Firm Accelerates Its Support of Community and Regional Banks
Analytics Banking News

ModernFi Announces Advisory Board as the Firm Accelerates Its Support of Community and Regional Banks

Business Wire
by Business Wire0
ModernFi, which operates the first tech-enabled deposit marketplace for banks, is proud to announce its inaugural Advisory Board. The ModernFi team is extremely fortunate and grateful to work alongside industry leaders across tech and finance. Recent events in the banking sector have crystallized the importance of effective deposit management and......
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