Genesis Global | September 25, 2023
Genesis Global, a low-code application development platform tailored for financial market organizations, has unveiled a new solution designed to streamline investment decisions for asset managers by aggregating new bond deal data. In the fast-paced primary markets for corporate bonds, asset managers often have just two hours to analyze and request allocations for new bond deals. The market's fragmentation makes this problem worse because banks use a variety of platforms, including DirectBooks, Ipreo (S&P Global), Bloomberg, Refinitiv, and email, to market about 40 new bond deals every day with frequent updates.
Genesis' customizable Primary Bond Issuance solution consolidates deal data from various sources into a single, real-time workspace. This workspace facilitates rapid decision-making by allowing portfolio managers, credit analysts, and traders to collaborate effectively.
Rahul Kambli, Product Manager for Primary Bond Issuance at Genesis, reportedly highlighted the pressure on asset managers to make quick decisions in the primary bond markets, stating,
Asset managers are under pressure to make decisions extremely quickly in bond primary markets, but failure is not an option because of the opportunity cost of missing out on the best deals.
[Source – Globe Newswire]
The Primary Bond Issuance solution incorporates AI-driven handlers to automatically process unstructured data received via instant messages and email, reducing the need for manual data entry. This AI technology is part of Genesis' broader investment in AI as a platform service across their solutions.
Key features of the solution include data aggregation, normalization, and scrubbing; AI-driven data processing; integration with analytics, reference data, and compliance systems; connectivity to order management systems for allocation requests; customizable alerts and workflow tools; full audit functionality; and collaboration tools such as Symphony for faster decision-making.
Genesis Global's Primary Bond Issuance solution is built on their low-code application development platform and offers configurability to suit user preferences for integrations and workflow design. It exemplifies Genesis' commitment to helping institutional asset managers automate their investment processes through modern applications that facilitate collaboration and data sharing among portfolio managers, traders, and credit analysts.
About Genesis Global
Genesis Global is a leading force in empowering financial market organizations with its software application platform. It specializes in creating high-performance, secure applications and transforming traditional development challenges. Genesis focuses on flexibility and excels in low-latency, high-throughput environments. It operates internationally from locations in important financial hubs with the support of Citi and the trust of organizations like BNY Mellon and ING.
GlobeNewswire | September 27, 2023
Infinicept, a leading provider of embedded payments, and Datacap Systems, Inc., leading hardware and processor-agnostic omnichannel payments provider, today announced a partnership to provide coordinated support for vertical software companies on their embedded payments journeys.
Infinicept’s embedded payments platform, PayOps and Payfac as a Service, Launchpay, paired with Datacap’s Integrated Payment Solutions will provide significant value to ISVs seeking complementary embedded payments processing and gateway solutions.
Working with Datacap helps us to better serve our vertical software customers seeking to own their data and merchant experience. Like Infinicept, Datacap is vendor-agnostic. We are like-minded organizations committed to doing what’s right for the customer. It is our mission to set software companies on a clear path to growth with their payments strategy.
As software companies begin their embedded payments journey, working with both Infinicept and Datacap creates a cohesive end-to-end payments solution that drives efficiency and speed to market.
This partnership empowers ISV partners to take complete ownership over the merchant experience by delivering best-in-class onboarding, customer data management, payments integration, and product support to enable a seamless experience from start to finish, said George Hudock, Director of Business Development, Datacap. The combination of Datacap and Infinicept fosters a flexible and scalable alternative for ISVs interested in monetizing payments on their platform.
Infinicept is an innovator in embedded payments, empowering software companies to improve their customer experience and drive revenue. Infinicept’s newest solution for monetizing payments, Launchpay, enables customers to add payments to their business quickly without any upfront costs or development work. Customers own and control their program by managing pricing, marketing, sales, the merchant experience, and more, ultimately graduating to a payment facilitator when ready. Infinicept’s Payment Operations Platform (PayOps) allows companies to achieve the benefits of embedded payments without any trade-offs to maintain ownership of the payments product.
Datacap develops hardware and processor-agnostic payment solutions for any Point-of-Sale, regardless of industry vertical or operating system. Its industry-standard payment gateway solutions integrate with virtually every payment processor in North America and are utilized by hundreds of Point-of-Sale developers in North America in an array of vertical markets.
For more information visit: https://www.infinicept.com and/or https://www.datacapsystems.com.
Infinicept is a provider of embedded payment solutions and services that help software companies gain the advantages of embedded payments, including increased revenue and more control of the merchant experience. More than 300 leading software companies, payment processors, sponsor banks, and others rely on Infinicept to help them transform to the new era of software-led payments. Winner of the Electronic Transaction Association Fintech Innovation in Payments Award, Infinicept is also a founding member of the Embedded Payments Bill of Rights (EPBOR).
Central Payments | September 11, 2023
Central Payments has announced the introduction of an inventive disbursement platform known as PayCP. The portal, which Central Payments has developed in less than 30 days, aims to empower partners to initiate and oversee payouts and access historical and analytical information while delivering a fully-branded and user-friendly experience for customers to select their preferred method of fund reception.
The initial stage of PayCP introduces a range of payment options, including virtual Discover Prepaid Cards, physical Discover Prepaid Cards, real-time push-to-debit card transfers via Mastercard Send, and ACH bank transfers. Central Payments has an extensive plan in place throughout the rest of this year and into 2024, encompassing the enhancement of payment choices and the diversification of payout scenarios.
PayCP will act as a white-label, turnkey solution that enables businesses to offer their customers various options for receiving payments, according to Nikkee Rhody, Executive Vice President and Chief of Strategy at Central Payments.
She further pointed out that with the launch of PayCP, the platform can readily support various use cases, such as assisting companies in swiftly and digitally disbursing rebates, loyalty, incentive, or reward funds to their customers. This enables partners to transition from traditional paper check mailings and opt for secure, cost-effective digital methods.
PayCP will set itself apart with its cost-efficient and swift payout capabilities, presenting two noteworthy benefits - simplifying the prompt transfer of funds to a company's customer base and optimizing the payment procedure.
About Central Payments
Central Payments is a US-based financial services firm established by banking professionals to enhance financial experiences globally. The company specializes in creating, delivering, and maintaining payment solutions through its renowned proprietary OpenCP API Marketplace. This marketplace provides partners with a consolidated gateway to the full spectrum of payment services.
Security and Compliance
PR Newswire | September 29, 2023
Opus, a global leader in payment technology solutions, has concluded a strategic partnership with Checkmarx, an industry leader in providing application security testing. This dynamic collaboration underscores Opus's unwavering commitment to security in the financial sector and represents a significant leap toward delivering unparalleled protection for its global list of clients.
Opus recognizes the vital importance of inoculating financial applications against potential vulnerabilities and threats that loom large in the digital era. This partnership combines the technical expertise of Opus in developing differentiated payment offerings with Checkmarx's cutting-edge and comprehensive application security platform.
Referring to the pressing need for enhanced security measures in the payments arena, Opus CEO Praveen TM said, "In an environment rife with ever-evolving cyber threats, financial data security is imperative. Opus is on an unrelenting mission to fortify the payment ecosystem. Our partnership with Checkmarx marks a significant milestone in Opus's mission to continually push the envelope and advance the security of the entire payment ecosystem."
This partnership further strengthens Opus' positioning as a strategic enabler, empowering clients to seamlessly embrace DevSecOps with Checkmarx's application security platform. The integration will allow Opus privileged access to Checkmarx One's features and advancements, enabling proactive enhancements for its clients' systems. Through proper configuration and automation, Opus' client will be able to identify, prioritize and respond to threats and vulnerabilities based on their business impact.
With real-time payments coming to the fore, the role of a robust application security platform is critical. With Checkmarx by our side, we are poised to deliver state-of-the-art security solutions that safeguard the future of finance. Together, we will help organizations accelerate their digital transformation journeys while ensuring that security is embedded into every stage of their application development process, Praveen TM added.
About Opus Technologies (formerly Opus Consulting Solutions)
Opus Technologies is a global provider of outcome-driven payment strategies. Opus combines its deep technology proficiency with unmatched domain expertise in payments and FinTech to deliver unparalleled quality and value in their work.