KCB Bank Group

Wirecard | June 22, 2020

Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

Financial Management, Fintech

FIS | August 26, 2022

With real-time payments increasing, many countries must either modernize outdated payments infrastructure or build entirely new real-time payments networks to move money faster. In response, FIS® has launched its new central infrastructure payment solution, RealNet™ Central, to help central banks transform their markets to digital-first, real-time payment economies. “The global economy has rapidly shifted toward digital-first mindsets and methods. Whi...

Financial Management, Fintech

PRnewswire | May 26, 2023

Alviere, the leading global embedded finance platform, is proud to announce that it is partnering with Array to offer Alviere's enterprise clients customizable digital credit and identity tools to increase digital engagement, generate revenue, and help end customers own their financial future. Alviere enables enterprises worldwide to offer financial products to their customers, partners, and employees. With the Alviere HIVE technology platform, organizations can enable an ex...

Torstone Technology | June 10, 2020

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced its SaaS platform has been recognised as the Best Cloud Computing Solution in the FTF News Technology Innovation Awards 2020. The annual FTF News Technology Innovation Awards recognise accomplishments in post-trade processing and industry participants that have made significant advances and notable achievements in operational excellence over the past year. The final list of the awards win...