Americas
Bank-backed blockchain trade platform Contour launches in Singapore
Contour, the blockchain-based trade finance platform backed by eight banks including ING, HSBC, BNP Paribas and Standard Chartered, has launched in Singapore. Now established as a fully independent network, the trade platform is inviting banks and corporates to join...
Banking
Galileo, Plaid Integrate To Streamline ACH Transfers
Galileo announced a partnership with Plaid Thursday (July 30) designed to streamline the bank authentication process for customers.
The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology...
Company Statements
Alfresco and Tech Mahindra introduce four jointly developed AI/IoT solutions for insurance companies
Alfresco Software, an open source content, process and governance software company, and Tech Mahindra, a leading provider of digital transformation, consulting and re-engineering services and solutions, announced collaboration on four jointly-developed, transformative insurance solutions.
The collaboration combines Tech Mahindra’s insurance...
Banking
Royal Bank of Canada and Borealis AI announce new AI private cloud platform, developed with Red Hat and NVIDIA
Royal Bank of Canada (RBC) and its AI research institute Borealis AI have partnered with Red Hat and NVIDIA to develop a new AI computing platform designed to transform the customer banking experience and help keep pace with rapid...
News
Avanti Plans Real-Time Settlement Solution For Corporate Treasurers
Avanti Financial Group said in a press release that it could begin operating as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers.
Avanti’s bank charter application has been accepted by the...
Cards & Payments
Mastercard and Microsoft empower FinTech innovation
The partnership will see Mastercard Lab’s cloud R&D activities powered by Azure and cutting edge artificial intelligence (AI). It forms part of Mastercard’s ongoing mission to mitigate the risk and increase the commercial viability of emerging tech for use...
Cards & Payments
Wirecard and Stocard collaborate to launch mobile payment feature and drive contactless payment adoption
Aschheim (Munich). Wirecard, the global innovation leader for digital financial technology, is collaborating with Stocard, the leading mobile wallet and one of the largest B2C European FinTechs, to launch a new mobile payment feature in the Stocard app. The...
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