Month: June 2020

UK-based credit unions Hoot and Lanarkshire Credit Union, have gone live on payment technology from ClearBank and incuto. ClearBank partnered with incuto earlier this year ClearBank and incuto revealed their payments technology integration and partnership earlier this year. The partnership enables credit unions to make the collection of payments by direct debit as well as … Continue reading Two UK credit unions go live on ClearBank & incuto tech Continue Reading →

In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after a $790 million loss in revenue, Complex reported. The company’s fourth quarter earnings report said it earned $6.3 billion, with digital sales seeing a spike of 75 percent compared to before the pandemic. Donahoe reportedly said in … Continue reading Nike Says Upcoming Job Cuts Are Not Due To Pandemic Continue Reading →

The scale, complexity and sophistication of financial crimes has been rapidly rising over the last decade. Technology advancements have improved banks’ and financial institutions’ (FI) capabilities of prevention, detection and reporting of such crimes. But the same advanced technology is being exploited by criminals to benefit them by proliferating more innovative financial crimes, leading to … Continue reading Adverse media screening: a key pillar of financial crimes compliance Continue Reading →

Amazon has mastered the art and science of automating software deployments, to the point where they don’t have to be actively watched — here’s how it’s done. It’s no surprise that Amazon Web Services is way ahead of the world with continuous integration and continuous deployment of software, especially since it advertises itself as a … Continue reading At Amazon, it’s a ‘hands-off’ approach to continuous integration and continuous deployment of software Continue Reading →

The Financial Conduct Authority’s (FCA) suspension of Wirecard’s UK subsidiary prompted a handful of fintechs to issue warnings to their customers on Friday. Wirecard’s fall from grace followed an accounting scandal which eventually saw it file for insolvency on 25 June. The firm’s shares dived almost 80% the same day. On Friday, the FCA suspended operations … Continue reading FCA suspends Wirecard’s UK subsidiary Continue Reading →

The game’s developer, ZA/UM, is involved in the project There’s a TV series based on the 2019 indie game Disco Elysium possibly coming, Variety reports. Disco Elysium launched in October 2019 exclusively on PC, set in the same universe as the 2013 novel Sacred and Terrible Air. In the game, you play as an experienced detective tasked with solving a murder mystery in a … Continue reading Popular RPG Disco Elysium may be adapted into a TV show Continue Reading →

BNY Mellon has extended a deal with Microsoft to provide its managers with better tools to invest in environmental, social, and governance (ESG) portfolios. Both firms hope the cloud partnership will optimise investment data The bank has also launched three new data and analytics solutions: Data Vault, Distribution Analytics, and ESG Data Analytics. The three … Continue reading BNY Mellon extends Azure partnership to boost ESG investment Continue Reading →

UK-based credit unions Hoot and Lanarkshire Credit Union, have gone live on payment technology from ClearBank and incuto. ClearBank partnered with incuto earlier this year ClearBank and incuto revealed their payments technology integration and partnership earlier this year. The partnership enables credit unions to make the collection of payments by direct debit as well as … Continue reading Two UK credit unions go live on ClearBank & incuto tech Continue Reading →

Across industries and across the globe, industry experts continue to raise concerns about shifting B2B payment habits — often to the detriment of small vendors. But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates. Despite widespread disruption in global supply chains, a new report from Medius indicates … Continue reading Organizations Strategize Supplier Payments To Boost Cash Positions Continue Reading →