BayPay Members Blogs

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SmartTrade Technologies provides cross-asset big data analytics service

smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announces today the launch of smartAnalytics, a cross-asset big data analytics solution. With smartAnalytics, financial firms will achieve a greater control and transparency...
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IHS Markit brings reconciliation to syndicated loans market

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it has launched a new portal to reconcile syndicated loan positions. In January, Markit...
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US gets same day ACH

America is finally getting faster payments, with Nacha launching the first phase of same day ACH, speeding up credit transactions to all bank accounts. The new capabilities mean businesses and consumers...
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Sibos returns to Europe and here’s what to expect

Shorter days and longer nights are approaching fast. We may not be ready to let go of summer just yet, but the good news is there’s an exciting event season...
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IBM and China UnionPay apply the blockchain to loyalty bonus point exchange

IBM and China UnioPpay have demonstrated a blockchain prototype for loyalty bonus points exchange among multiple banks. Showcasing the system at the Shanghai International Blockchain Week 2016, IBM and the Chinese...
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Marine Transport International applies blockchain to shipping supply chain

MTI (‘Marine Transport International (UK) Limited’) today announces the deployment of the world’s first public blockchain solution in the global shipping industry. MTI is an industry-leading freight forwarder based in the...
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CFTC fines Barclays over trade confirmation fails

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to create, maintain, and promptly produce required confirmations...
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Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several...
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How the Insurance Industry can Leverage the Potential of IoT

A recent report from TCS shows that the insurance industry is expected to spend $102.9million on IoT-related technology and solutions in 2018 alone, up from $77.7million in 2015. This huge...
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Customer Insight Is the Financial Services Industry’s New Best Friend

Across all industries customer insight is becoming ever more important for generating new and innovative offerings as well as driving flexibility in existing products, to improve customer experience.  In financial...
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ASX blames outage on 'unprecedented' hardware failure

The Australian Securities Exchange (AS) has blamed an "unprecedented" hardware failure for problems on Monday that forced the bourse to open late and close early. Monday's opening was delayed by more...
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Brexit - Further Clarity for Consumer Payments?

Although it has been three months since the UK population voted to leave the European Union, there is very little additional clarity on the impact that Brexit may have on...
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Bats shares soar on CBOE take over talk

Shares in Bats Global Markets have soared on the back of speculation that it may be acquired by the venerable Chicago Board Options Exchange. Bats stock price rose 24% to $33...
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EastNets hires new CTO

EastNets, a global provider of compliance, payment and Cloud solutions for the Financial Services industry, has announced the appointment of Mr. Teunis Robbert de Vries as the company’s new Chief Technology...
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Loss of passporting could cause squeezed middle

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Banking watchdogs to investigate industry response to money transfer scams

The UK's Payment Systems Regulator is to investigate complaints from consumer body Which? over the levels of protection offered by banks to customers who are conned into sending payments to fraudulent...
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UK Government to open cyber security accelerator for tech startups

A groundbreaking partnership between DCMS, GCHQ and the nation’s top tech start-ups to develop new technologies aimed at protecting the UK from cyber attacks has been announced. Wayra UK, part of...
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World Federation of Exchanges publishes cyber resilience principles

The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a set of principles around cyber resilience, intended to support and...
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Is IoT a Threat to Retailers?

image The IoT has opened the floodgates to innovation. Every manufacturer is racing to exploit internet connectivity to reinvent their products and business models. They have been quick to recognize that...
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SalesWarp and Zumiez Join Forces to Improve Customer Experience

image SalesWarp, a leading provider of omnichannel retail order and fulfillment software, today announced its powerful solution was successfully deployed throughout the entire national chain of Zumiez in 2015. Zumiez is...
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