Reinventing the FICO score

Experian, FICO and Fincity have joined forces to create a new credit scoring technology designed for thin-file customers. The new score, named UltraFICO score, leverages consumer-permissioned account data aggregated and distributed by Experian and Finicity....

What is Corda?

A run-through of the second largest blockchain enterprise platform. As visible by the kaleidoscope of projects and usage pilots underway, public blockchains have the possibility to offer unrivalled levels of interaction, and...

HSBC and ING Bank pull off blockchain transaction

HSBC and Reliance issued a joint statement announcing their successful completion of a transaction using blockchain. The situation? A blockchain-enabled letter of credit transaction for a trade shipment between Reliance and...
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Société Générale snaps up Treezor

Fintech startup Treezor bought by Société Générale Treezor, the French local banking-as-a-service platform which offers services such as real-time core-banking system, payment, and KYC software has just been acquired by the...
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What happened in Banking: week 42

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Corda launches new Voltron open platform

Trade finance solution Voltron launched The Voltron initiative has launched an open platform for documentary trade, targeting production on R3’s Corda Enterprise blockchain platform.  But what is Voltron? Voltron’s initial aim is...
banking highlights finance trading markets money currency news global europe america africa asia

What happened in Banking: week 41

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Standard Chartered revolutionizes lending with Huawei

Standard Chartered and Huawei announced today that they will develop an Internet of Things (IoT) powered solution set to revolutionise the way corporates communicate with banks for financing and payments. Rather...
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HDFC Bank poised for fintech boost

HDFC Bank poised for fintech boost HDFC Bank announced that it plans to tap into fintech innovations created not by just one accelator, but a number of them thanks to its latest programme...

Bank Bradesco restructures relationship with FIS

Bradesco Banco pulls back from FIS “We’ve enjoyed a successful partnership with FIS for nearly a decade, and we look forward to their continued support of our card payments business,” says Cesário Nakamura, Director...

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