allpay Limited

Nacha | February 07, 2020

US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies. Traditionally, the exchange of payment-related information has consisted of multiple bilateral agreements, which are costly to administer and often run manually, resulting in misdirected payments and opportunities for fraud. The new online platform will integrate technology, rules and participants to streamline the payments process, u...

Torstone Technology | July 10, 2020

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced that its SaaS platform has been recognised as the Best Back-Office Platform in the WatersTechnology Asia Awards 2020. The annual WatersTechnology Asia Awards recognise excellence in the deployment and management of financial information and technology within Asia’s capital markets community. The final list of awards winners is determined by an experienced and independent panel of ju...

TRADING SYSTEMS

United Fintech, TTMzero | February 04, 2021

United Fintech sets foot in the Market Data & RegTech space with German Fintech, TTMzero. United Fintech strikes a 25% stake in the market-leading firm, intending to grow to 80% in the next three years. The acquisition has been made to acquire and scale innovative Fintech in capital markets. It also involves creating a one-stop-shop Fintech through which banks and financial institutions can benefit and accelerate their transition to a digital world. Founded in 2...

JPMorgan | February 26, 2020

JPMorgan chief Jamie Dimon says the bank will pursue an aggressive M&A strategy to see off the threats posed to its business by Big Tech giants and smaller fintechs. Speaking at the New York-based bank’s annual investor meeting, Dimon said: “We are looking, and we will be much more aggressive with acquisitions across the board. “You’re going to get some form of competition from Apple, Amazon, Facebook, Google, WeChat, Alipay; you’re going to get it across paymen...