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Blockchain based platform to transform the bank guarantee process

The launch marks a significant milestone in the global development of blockchain solutions. Lygon represents an industry solution that the participants could not have individually implemented. The founding members have brought together their deep understanding of industry processes to navigate from...

HSBC Bank USA Launches New Digital Mortgage Solution with Roostify

HSBC Bank USA part of the HSBC Group, one of the world’s largest banking and financial services organizations, announced that it has launched a digital home lending experience powered by Roostify. The partnership provides customers with a digital solution...

Mastercard and P27 Nordic Payments Platform to build a world first real-time payments system across the region

P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) and Mastercard have announced a partnership to provide real-time and batch payments across the Nordic markets; building the most advanced, innovative and efficient...

Legal & General, Amazon partner to launch blockchain-powered PRT platform

UK-based Legal & General Reinsurance has partnered with Amazon to introduce ‘estua-re’, a pension risk transfer (PRT) execution platform powered by blockchain technology. ‘estua-re’ from Legal & General, is a single ecosystem is claimed to drive every stage of PRT...

Credit Agricole to invest £13.3bn for tech transformation

French banking major Credit Agricole has revealed plans to invest €15bn (£13.3bn) in technology over the next four years to achieve “greater efficiency”. Credit Agricole said that it wants to align its technological fundamentals with the best standards on the...

Visa launches new network to speed up cross-border B2B payments

Payment technology major Visa has commercially launched its non-card-based payment network, Visa B2B Connect, which allows seamless bank-to-bank cross-border business transactions. Visa B2B Connect network will enable financial institutions to quickly and safely process high-value corporate cross-border payments across the...

Vision 2030 enables Saudi Arabia’s public sector to drive digital Transformation

Riyadh to host Government DX Summit on 5-6 November 2019. Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods...

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