Refinitiv partners with Google Cloud to power Tick History database

Refinitiv | February 11, 2020

Refinitiv has announced the launch of its Tick History dataset on the Google Cloud platform, catering to a growing appetite for quant-trading technology. The gargantuan Tick History dataset dating back to 1996 offers the breadth and depth of Refinitiv’s tick data covering over the counter (OTC) and exchange-traded instruments from all asset classes in over 500 venues. Catalina Vazquez, proposition director, Tick History at Refinitiv says to Finextra Research: “What we’re doing is changing the paradigm, we’re bringing the compute to the data rather than the data to the compute.” Because the data does not need to be moved or loaded into a separate analytics engine, it can be analysed in-situ, cutting down precious time in an industry where seconds make or break deals.

Spotlight

According to this school, Insurance may be defined as
the transfer of pure risk from the insured to the insurer.The insured is the person or firm or company confronted
by risk and the insurer is a person or firm or company,
which specializes in the assumption of risk. The primary
business of the insurer is risk assumption for a fee.

Spotlight

According to this school, Insurance may be defined as
the transfer of pure risk from the insured to the insurer.The insured is the person or firm or company confronted
by risk and the insurer is a person or firm or company,
which specializes in the assumption of risk. The primary
business of the insurer is risk assumption for a fee.

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Volante Technologies has been Awarded The CFI.co Best Payments & Financial Messaging Solutions Global Award for 2021

Volante Technologies | April 06, 2021

Volante Technologies, the international pioneer in cloud payments and financial messaging, reported today that it has received the Cfi. co Global Award for Best Payments & Financial Messaging Solutions for 2021. The CFI.co awards program aims to recognize and honor excellence in individuals and organizations, as well as to promote innovative fintech solutions and consistently high levels of customer satisfaction. Volante's emphasis on cloud-native solutions to optimize and automate complex processes in payments and financial messaging, along with the firm's customer-centric style, was one of the main differentiating factors in the award win. The below are some of the highlights of the panel's final report: Customers of Volante account for 40% of all commercial bank deposits in the United States and 70% of global card traffic. Volante has a footprint in 35 countries and a sizable share of the financial sector, with four of the world's top five corporate banks as clients. Volante has over 100 clients worldwide, all of which have seen project cost savings of almost 62 percent and a 70 percent reduction in the time taken to complete the project. Volante Technologies CEO Vijay Oddiraju said, "Our goal has always been to provide our customers with innovative and transformative solutions. We work with them to accelerate their modernization journeys, from real-time payments to ISO 20022 migration to cloud payments. In recognition of our achievements, we are honored to have received the Cfi. co Best Payments & Financial Messaging Solutions Global Award for 2021." About Volante Technologies Volante Technologies is the world's leading provider of cloud payments and financial messaging solutions to help businesses accelerate their digital transformation. In 35 nations, they are a trusted partner of over 100 banks, financial institutions, market infrastructures, clearinghouses, and corporate treasuries. Every day, their solutions and services process millions of transactions and trillions in value, powering four of the top five multinational banks, 40 percent of all commercial bank deposits in the United States, and 70 percent of global card traffic. As a result of their continuous innovation, their clients can stay ahead of new trends, become more competitive, have better client experiences, and expand their businesses.

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FINTECH

Sage 200cloud Users Could Have Their Invoices Paid Faster Using Leading Receivables With The New Fintech Chaser Integration

Chaser | July 12, 2021

Following the release of ChaseImport earlier this month, Chaser, the worldwide credit control automation platform and service provider, has announced its connection with Sage 200cloud, a market leader in cloud business management solutions. This new connection enables organisations to deeply personalise and automate their accounts receivable and credit control procedures in a simple and cost-effective manner. Previously, Chaser only supported Sage Business Cloud Accounting connections, however an increasing number of Sage 200cloud users have requested the feature. Sage 200cloud users can now utilise Chaser to automatically reconcile their transactions to match their accounts in seconds, allowing them to focus on the job that matters most. They may simply do automatic invoice payment chasing while ensuring that every communication seems hand-typed and providing excellent customer care. This method saves Chaser's existing clients 15+ hours each week and guarantees that no unpaid invoices fall through the cracks. This integration provides the following benefits and features: • Sage 200cloud and Chaser have a cloud-to-cloud connection. • Invoice payment chasing that is tailored to the user's brand and tone of speech. • Reconciliation of invoices and payments in both Chaser and Sage 200cloud. • Emails that say "thank you for paying" are sent automatically. • Overdue bills per customer may be easily tracked. • All payment chasing activity, including customer responses, is summarised in a centralised centre. • Debt collection service provided by Chaser. • A dedicated payment gateway with a summary of all invoices paid and due, numerous payment choices, and the ability to request payment plans. • Customers may be offered payment plans, amounts and dates can be customised, and instalments can be automatically chased. • In-app credit check. "We are excited to collaborate with Sage to automate invoice payments and ensure that our clients are paid on time," said Sonia Dorais, CEO of Chaser. "Through effective credit control and accounts receivable management, we believe that all businesses can have confidence that they will be paid for their work; by integrating with Sage in this way, we are allowing our joint customers to seamlessly chase invoices end to end, helping them operate more efficiently and effectively, and boosting cash flow." About Chaser Chaser Technologies Limited's award-winning payment chasing automation technology, debt collections agency, and outsourced credit control services help businesses get paid faster. The software and service provider effectively gets invoices paid on time without losing the human touch by delivering automatic and deeply personalised reminders. Chaser has assisted consumers in pursuing unpaid invoices totaling over £3 billion. Chaser has been named Accounting Excellence's 'Cloud App of the Year' three years in a row (2017-2019), as well as Xero's 'App Partner of the Year' (2016) and App Partner of the Month (2017). (August 2019).

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PAYMENTS

Fraugsterand Payaut Partnership will Provide Fraud Prevention Services to E-commerce Marketplaces

Fraugsterand | February 15, 2022

Fraugster and Payaut have come together with a similar aim to provide prevention services to marketplaces. Fraugster is a German-Israeli payment intelligence company and collaborated with payout specialist, Payaut. The collaboration will enable marketplaces to access a wide range of fraud prevention, uplifted revenue, and compliance solutions. According to Digital Commerce 360, it was recorded in 2020 that marketplaces accounted for 62 percent of global online consumer sales. The recorded top 100 online marketplaces facilitated the sale of $2.67 trillion in gross merchandise in the same year. However, marketplaces often face fraud challenges with increasing sales monthly and annually. One of the most significant is Chargebacks. It faced true fraud or friendly fraud (AKA chargeback fraud). To cope with such situations, Fraugster's Managed Services solutions for marketplaces will aid marketplaces by providing a guarantee through AI data. In this way, marketplaces can get enriched access over global sanctions lists with the help of single integration, get accurate decision-making factors, overall fraud monitoring, and focus on resources, time, and investment options in the crucial business areas. Founded in 2019, Payaut is a licensed European payment institute by payment industry and eCommerce experts. The mission of Payaut is to provide the best e-commerce experience for operators and users of online marketplaces. Its payment solution ensures that money flow through the online marketplace meets the right seller—individual or a business. On this venture, Ernst Van Niekerk, Payaut CEO, says, "We look forward to working together with Fraugster to provide fraud prevention services to marketplaces. Instead of shopping around and contacting several different vendors, marketplaces can access all their fraud prevention needs via one vendor - Fraugster. Through a single integration, marketplaces can select from multiple solutions, including full chargeback protection, resulting in streamlining and simplifying fraud detection." Also, about the collaboration, Christian Mangold, Fraugster Co-CEO, says, "The collaboration with Payaut is another step in successfully supporting the Marketplace ecosystem. With this partnership and our recent teaming up with German marketplace Refurbed, we are further extending our fraud prevention capabilities by providing flexible and scalable solutions for online marketplace platforms."

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