BayPay Members Blogs

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Crunch Gym Is Building its Software Muscles with Cegid Cloud

image Cegid, a leading player in the digital transformation of companies and a provider of cloud services and software, announced today that Crunch, LLC, the gym chain known for its innovative group...
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Sibos Day One roundup - D-Day for Banks -

This year’s Sibos in Geneva wrapped its first day with more innovation than ever. The buzzwords which dominated this year; were 'The Three Ds' Digitisation, Disruption, and the newly minted Distributed (Ledger). Where now...
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JP Morgan joins ICE Clear Singapore

Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that J.P. Morgan has been approved as a clearing member...
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CGI to implement Ripple Validator Node

CGI (GIB) (GIB-A.TO) today announced it is the first commercial enterprise to implement the Ripple Validator Node. Ripple validators are servers that confirm Ripple's distributed financial technology transactions on the network....
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Bed Bath and Beyond Transforming Company to Strengthen as a World Class Omnichannel Retailer

image  In order for Bed Bath and Beyond to further evolve their physical channels they are trying to enhance the in-store customer experience by providing services and solutions, having more product...
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A Day in the Life of a Retail Startup

image The moment Convenience Store News (an RIS News sister publication) entered Brookwood’s headquarters, it was clear the parent of the BW Gas & Convenience Holdings LLC retail division and its...
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Petco Hires New CIO

image Petco has hired John Zavada as senior vice president and chief information officer and added William Engen to the company's leadership team as senior vice president, retail market expansion, a new role dedicated to...
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Microsoft takes it own blockchain medicine in trade finance deployment

Bank of America Merrill Lynch is collaborating with Microsoft on a project to implement blockchain technology for trade finance transactions. Announced at Sibos, the two companies says the will build and...
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Rimes to provide cryptocurrency pricing and analytics

BraveNewCoin. (BNC), provider of cryptocurrency pricing and analytics data, and RIMES Technologies Corporation, leading financial data aggregator, today announced a partnership to distribute end-of-day cryptocurrency pricing and analytics to RIMES’ global...
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China Construction Bank appoints SIX as infrastructure provider for Remnimbi Clearing Hub

China Construction Bank (CCB), China’s second largest commercial bank and the only authorized Renminbi Clearing Bank in Switzerland, today announced its plans to work more closely with SIX Securities Services, the...
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NCR unveils Open API Developer Portal

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced the launch of its cloud-based Developer Portal, enabling financial institutions to build their own innovative digital banking applications to...
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Why banking passwords will soon disappear

Banks, understandably concerned with improving security amidst rising investments in payment technologies, are turning to biometrics for an answer. It is estimated that the market for biometric identification in financial...
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AutoZone's Major Supply Chain Investments Redefining the Customer Experience

image Telling a customer to wait till tomorrow for the part they need to get their broken down car back on the road is the worst possible outcome for an auto...
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Raiffeisen Bank implements SmartStream's Corona

SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Raiffeisen Bank International AG has taken a proactive approach to Basel III and implemented a cash and liquidity reporting solution...
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Earthport signs MoU with Swiss Euro Clearing Bank

Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has signed a Memorandum of Understanding (MoU) with SECB Swiss Euro Clearing Bank (SECB), in...
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Luxembourg opens Green Exchange

The Luxembourg Stock Exchange (LuxSE) becomes the first stock exchange globally to introduce a platform for green financial instruments. Branded Luxembourg Green Exchange (LGX), it goes live today. Access is limited...
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Zopa issues first securitised loans package

A securitisation of loans originated through financial innovator Zopa has received the highest debut rating globally for any issuance backed by peer-to-peer loans, with a AA- rating from Fitch and Aa3...
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Swift completes payments innovation pilot; go-live slated for early 2017

SWIFT announces today it has successfully completed the first phase of the global payments innovation (gpi) initiative pilot, clearing the way for the go-live of the service in early 2017. During...
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CLS to use Hyperledger Fabric for new payment netting service

Multi-bank foreign exchange counterparty CLS is to build a payments netting service for trades settled outside the core membership using distributed ledger technology based on Hyperledger Fabric. CLS says it wants...
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AI in payments: The last mile in efficiency

A new paper from Finextra produced in association with Pelican presents the findings of a recent survey into the adoption of artificial intelligence (AI) in payments.  In order to respond to...
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