Profile Software Unveils FX Risk Management Tool
In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumennet eFX offering. The technology was created to help bank agents, digital channels, branches and customers handle their foreign exchange risk in an effectual as well as fast manner, according to an announcement. According to the announcement, “Acumennet eFX is an … Continue reading Profile Software Unveils FX Risk Management Tool Continue Reading
We’ve all heard the phrase “sing for your supper” — an allusion to days of yore where minstrels traveled the land. The best way for them to get the local nobleman to offer up a meal and a place to stay for the night was to butter him up with a jaunty tune. But as of this … 
Shares in Wirecard plunged more than 60% on 18 June after the German payments group postponed its annual results once again and said auditors could not confirm the existence of €1.9 billion in cash on its balance sheet. According to the Financial Times and CNBC, the Munich-headquartered company said in a statement on Thursday morning … 
The Commodity Futures Trading Commission (CFTC) has settled two enforcement actions with Deutsche Bank to the tune of $10 million. Deutsche dragged up for swap failures and spoofing in 2013 and 2016 The actions refer to Deutsche Bank violating swap data reporting regulations, and two traders from Deutsche Bank Securities (DBSI) engaging in spoofing on … 
Michigan-based Community Financial Credit Union has selected the Orpheus banking platform from Access Softek. Community Financial CU has 13 locations across Michigan The credit union was looking for a new online banking portal for its 77,000 members. Already a seven-year client of Access Softek, it opted to extend its agreement following 18% growth in mobile … 
The European Commission (EC) has reaffirmed its commitment to a global digital tax on big technology companies such as Amazon, Facebook and Google, despite the US quitting talks last week. On 17 June, the EU’s talks with the US broke down after US treasury secretary, Steven Mnuchin, walked out and said the talks had not made any progress, … 
Nine projects from Lucerne School of Art and Design graduates, presented here in their VDF school show, highlight the craft and heritage inherent in textiles in a bid to raise their public profile. This showcase features work created as part of the school’s undergraduate textile design degree, which is one of three courses from Lucerne’s product design department to be highlighted as … 
VDF products fair: Ropes of different sizes are interwoven to create the undulating Link outdoor rug, which has been developed for Expormim by Spanish studio MUT Design. Three millimetres thick and made from hardwearing polypropylene, the ropes are braided together to form a richly-textured base layer. This is interspersed with a decorative strip of wider, 16-millimetre rope, forming raised ridges across the … 
VDF products fair: The gently curved shape of a flower petal served as a model for the backrest of the Petale chair by MUT Design for Spanish furniture brand Expormim. With the aim of using as minimal a material palette as possible, the design consists of only two elements – a stainless steel frame and weather-resistant textile. Despite this pared-back design, the sloping shape of the … 
VDF products fair: Blum is a dining chair by Manel Molina for Spanish furniture maker Expormim, which is at home in both indoor and outdoor spaces. Its aluminium frame is shaped using CNC-bending machines and welding robots to create a durable structure that can stand up to the elements. The result is a single, curved sheet of metal, which is covered with weather-resistant textile to cocoon the …