Valliance Bank

Reuters | March 11, 2020

Banks and other large financial companies in major cities across the world ramped up their emergency measures to combat the spread of the coronavirus on Tuesday, with Barclays Plc (BARC.L) and BlackRock Inc (BLK.N) confirming one case in their New York offices. The steps including telling staff who had been exposed to someone with the virus to self-quarantine for 14 days, splitting operations so that some staff work from home or back-up locations and deep cleaning offices. Barclays told staff on...

PAYMENTS

PayAlly | June 11, 2021

PayAlly has picked Banking Circle solutions to boost its cross-border payment services in multicurrency for B2B, a fully integrated payment system for small- and medium-sized enterprises. The new agreement allows PayAlly access to the Banking Circle Banking Network to a larger number of payment channels to improve the speed and price of payment internationally for their e-commerce consumers. “At PayAlly, we seek to assist small businesses and people by providing them with fa...

FINTECH

Mphasis, Frontline Analysts | February 18, 2021

Mphasis is an Information Technology solutions provider that specializes in cloud and cognitive services. Today Mphasis announced a strategic collaboration with Frontline Analysts Ltd, a company based out of London and Bengaluru. It is a financial analysis company and a leading provider of global analyst teams for the finance industry. The partnership is made for financial institutions to capitalize on digital transformation. This is done by including judgment-based analysis into ...

CORE BANKING

Yolt Technology Services, Amazon Web Services | May 07, 2021

According to recent research from leading open banking provider Yolt Technology Services (YTS), more than half of business leaders in banking, retail, leasing, investment platforms, and PFMs are not using open banking technology due to data protection and privacy issues. In response, YTS announced today that it would be using Amazon Web Services (AWS) to provide the highest level of protection through its open banking services. YTS is able to quickly scale using AWS, which ...