News Centre

Philippines’ PBCOM Goes Live With Temenos SaaS To Offer “Digital-First” Banking Services

Date 04/05/2021

• Powered by Temenos, PBCOMobile is the new mobile banking service of PBCOM, one of the largest Philippine commercial banks
• PBCOM was the first commercial bank in the Philippines approved to run its core banking system in the cloud
• Temenos SaaS creates a hyper-efficient cost model for PBCOM to rapidly launch PBCOMobile innovative “digital-first” products and services to customers 
• The PBCOMobile app offers self-service digital onboarding and origination to accelerate customer acquisition and drive sustainable business growth

SoftSolutions! Completes AWS Foundational Technical Review For nexRates Trading Software Platform - Fixed Income Trading Software And Smart Order Management Capabilities Now Available Via AWS

Date 04/05/2021

SoftSolutions!, the high performance multi-market Fixed Income trading technology provider, today announced the availability of the nexRates solution on Amazon Web Services (AWS), validated by a completed AWS Foundational Technical Review for the electronic Trading-as-a-Service platform.

Finnfund First Development Financier To Report Carbon Net-Negative Investment Portfolio

Date 04/05/2021

Finnish development financier and impact investor Finnfund today released data showing that its total investment portfolio has a net negative carbon balance. The figures for 2019 indicate that Finnfund’s investments removed 134,679 tCO2e more than they emitted. In 2019, Finnfund’s investment portfolio was EUR 617 million.

AccessFintech Partners With SIX To Provide CSDR Eligibility, Reference And Price Data - Firms Join Forces To Solve A Significant Challenge In Categorising CSDR Eligibility, Using SIX Reference And Pricing Data On The AccessFintech Platform

Date 04/05/2021

AccessFintech and SIX announced today a partnership to provide Central Securities Depositories Regulation (CSDR) eligibility and penalty data to their joint CSDR customers, solving for one of the major CSDR challenges - the sourcing of eligibility data.

"A Tech-Enabled Financial Sector – Is Our Workforce Ready?" Remarks By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At “Growing Timber” MAS-IBF Webinar Series On 4 May 2021

Date 04/05/2021

Good morning and thank you for joining us.

At the “Growing Timber” webinar six months ago, I spoke about:

• how jobs are the central economic challenge of our times;
• where the job opportunities in financial services are;
• how we can make our tertiary students job-ready for the financial sector; and
• how we can help our mid-career workers retain their jobs amid technological changes.

IncubEx Closes Most Significant Capital Raise To Date With Distinguished Industry Investors For Environmental Markets Growth

Date 04/05/2021

IncubEx, Inc., a leading global product developer of exchange based environmental markets, is pleased to announce it has successfully closed its most significant capital raise to date of $11.8 million resulting in a post-money valuation of $161.8 million with support from distinguished industry leaders.

SEC Charges Under Armour Inc. With Disclosure Failures

Date 03/05/2021

The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects. Under Armour has agreed to pay $9 million to settle the action.

MIAX Exchange Group - Options Markets - Option Classes To Be Added To The Penny Interval Program Beginning Tuesday, May 4, 2021

Date 03/05/2021

The following options classes will be included in the MIAX Exchange Groups' Penny Interval Program at the start of trading on Tuesday, May 4, 2021:

• Quantumscape Corp (Ticker: QS)
• Roblox Corp (Ticker: RBLX)

U.S. Department Of The Treasury Announces Marketable Borrowing Estimates

Date 03/05/2021

The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing for the April - June 2021 and July - September 2021 quarters.

Community Development: Federal Reserve Chair Jerome H. Powell, At The "2021 Just Economy Conference" Sponsored By The National Community Reinvestment Coalition, Washington, D.C. (via webcast)

Date 03/05/2021

Good afternoon. It is a pleasure to be with you today.

Together, over the past year, we have been making our way through a very difficult time. We are not out of the woods yet, but I am glad to say that we are now making real progress. While some countries are still suffering terribly in the grip of COVID-19, the economic outlook here in the United States has clearly brightened. Vaccination levels are rising. Fiscal and monetary policy are providing strong support. The economy is reopening, bringing stronger economic activity and job creation.