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Russia Prepares For SWIFT Exit With Blockchain

PYMNTS

The Russian Association of Corporate Treasurers is joining the government-led Masterchain blockchain initiative, a platform developed by the central bank to facilitate communication within Russia’s banking market. Russia is reportedly looking to use the platform to replace SWIFT’s inter-bank communications network.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said. Kanthadai referenced a recent joint white paper published by Eurofinance and J.P.

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Visa, Mastercard Replaced By MIR In Crimean Peninsula

PYMNTS

MIR, the payment system the Central Bank of Russia created in 2015, is accepted by Russian companies but is also gaining acceptance among international companies that have operations in the country, noted RT. Russia launched MIR after the U.S.

System 101
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Key Innovations Boosting Corporate Banking Revenues

PYMNTS

While non-bank financial institutions (FIs) and FinTechs may be keeping traditional banks on their toes, banks still have the largest piece of the corporate banking pie. Regardless of FinTechs and the solutions banks choose to deploy, Finastra and Celent emphasized the importance of integration.

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ICC Says Regulation Limits Trade Finance

PYMNTS

“ICC, for its part, is proactively working with regulatory bodies worldwide to promote the fair treatment of the industry and increase access to the market.” “ICC, for its part, is proactively working with regulatory bodies worldwide to promote the fair treatment of the industry and increase access to the market.”

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Address financial crime and high costs with IBM Cloud Private

Insights on Business

We project that by providing FCI clients access to a plethora of modern tools, we will help them scale their financial crime prevention operations and reduce IT-associated costs and hassles by extending existing cloud capabilities. Learn more at ibm.com/RegTech.

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Banking for the Digital Generation: Attracting & Retaining Millennials

NCR

Wharton FinTech , the first student led FinTech initiative, has published two white papers on Millennials’ relationship with banks ( June 2015 and May 2016 ). Banks who capture market share amongst Millennials will be those who develop applications prioritizing the Mobile experience. Viacom Media Networks.