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Banking Technology Leadership Awards 2017 shortlist unveiled

Banking Technology Awards

Having gone through an unprecedented number of exceptional nominations for our Leadership Awards, we are pleased to announce the shortlisted candidates for Tech Leaders, IT Team of the Year and Woman in Technology.

Castle Trust in mortgage tech modernisation project with Phoebus Software

castle-trust

Castle Trust has appointed Phoebus Software for all of its mortgage servicing, allowing to “significantly” reduce the time and cost it takes to service its mortgage book.

Open Banking brings increased revenue to those who can collaborate

Amit Dua, Suntec

With new banking reform on the horizon, Amit Dua, president of Suntec Business Solutions, assesses why customers will improve their financial and life circumstances if heritage banks and young fintech firms find a way to combine their strengths.

Challenger bank BFC edges towards 2018 launch

uk flag

BFC Bank, a subsidiary of the Bahrain Financing Company money transfer group, has completed its mobilisation process and is preparing for a launch in early 2018. As reported last year, BFC received authorisation from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). After an initial “soft launch” for selected companies (such as SMEs […]

LA Ledger group calls for more participants

Blockchain

The Liquidity Alliance group of central securities depositories (CSDs) has called for further participants in their distributed ledger technology (DLT)-based LA Ledger prototype for cross-border mobilisation of security collateral.

Deutsche Bank unveils first paperless import payment solution in India

deutsche bank

Deutsche Bank has launched the “first” paperless import payment solution in India with its TradePay system. TradePay uses the Reserve Bank of India’s (RBI) Import Data Processing and Monitoring System (IDPMS) to verify import payments by checking them against details made available by the client on the system, “eliminating the need for clients to share […]

Alastria blockchain consortium springs up in Spain

spain

A variety of Spanish banking, energy and telecommunications companies have established Alastria, the “world’s first regulated national network based on blockchain”. The non-profit consortium will develop distributed ledger technology (DLT), which it believes is “set to become the new data exchange ecosystem”. As reported in May, the group created Red Lyra, the “first multisector technology […]

Standard Chartered gets personalised for investment ideas in Asia

Standard Chartered on a major cost- and job-cutting spree

This time it’s personal. Standard Chartered has launched a digital wealth management tool that can customise investment ideas in a lively and rapid manner. Called Personalised Investment Ideas (PII), the idea is to help “priority banking” clients respond faster to market opportunities with automated investment ideas based on considerations such as their risk profile and […]

DTCC assess fintech impact on stability

DTCC logo

While financial technology startups and established players vie for attention on the exhibition floor at Sibos, the impact of fintech on financial stability is the subject of a new white paper from The Depository Trust & Clearing Corporation (DTCC).

Volante extends VolPay to Microsoft Azure cloud

Vijay Oddiraju, Volante Technologies 2

Volante Technologies has made its entire range of VolPay payments processing products available on Micosoft’s Azure cloud platform.

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