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19 October 2017

Berne Union: Strong first half of 2017 with over $1.3trn new commitments

Berne Union members met in Belgrade for the 2017 Annual General Meeting, reporting a strong first six months of 2017 with more than $1.3 trillion in new commitments...

19 October 2017

Ebury goes for growth with new office openings

Global transaction services fintech group Ebury is opening nine new offices in Milan, Amsterdam, Malaga, Zurich, Manchester, Lisbon, Brussels, Toronto and Dubai.

19 October 2017

ExxonMobil buys Permian Basin crude oil terminal

The Exxon Mobil Corporation has announced the acquisition of a strategically positioned crude oil terminal in Wink, Texas, from Houston-headquartered midstream-focused...

19 October 2017

Ansaldo and NIOC ink MoU for 600MW gas-fired project in Iran

Italian power company Ansaldo Energia has signed an agreement with the National Iranian Oil Company (NIOC) to develop electricity generation using natural gas being...

19 October 2017

Accuity launches Live Services pilot with global banks

Financial crime compliance, payments and KYC solutions provider Accuity has launched its Firco Live Services pilot with global banks. It says the solution automates...

19 October 2017

Why AP automation lags payroll automation

With only 7% of US firms automating their accounts payable processes compared with 49% automating their payroll, the disparity between the two boils down to both lack of...

19 October 2017

Azure raises $30m from FMO for development of projects

Indian solar firm Azure Power Global Ltd has raised Rs200 crore in debt from the Dutch development bank FMO for use in the development of ongoing projects and its...

19 October 2017

Blockchain KYC startup raises $1.6m of seed funding

Sweden-based Norbloc, a blockchain start-up focused on Know Your Customer (KYC) solutions, has raised $1.6 billion in a seed funding round backed by Greece's Marathon...

19 October 2017

117 firms buy bidding documents for Argentina's RenovAr 2 tender

Argentina's Ministry of Energy is looking to award 1.2GW of renewable energy capacity as part of round 2 of the Renovar Plan. It has received 117 applications from...

19 October 2017

XinFin to launch blockchain-based trade and finance platform

XinFin plans to launch a permissioned blockchain-based trade and finance platform called XDC which, due to its hybrid functionality, will allow fully private sub-networks...

19 October 2017

Bank of America launches AI analytic tool for Excel

Bank of America Merrill Lynch has launched a new tool, CashPro Assistant, which it says uses artificial intelligence and API technology to help organisations manage and...

19 October 2017

Initial bids in for Liege tram PPP

Mobiliege, Tramardent and Liegia Express, the three consortia selected for the relaunched $522 million DBFM concession to develop a 12km tramway from the Standard Liege...

19 October 2017

SWIFT expands Name Screening service

SWIFT has expanded its Name Screening service to enable smaller firms and institutions in emerging markets to screen customer databases against sanctions and Politically...

19 October 2017

Sibos 2017: the future of money

Data is the new oil, delegates at Sibos 2017 heard this week. But rather than simply collecting more data and adding to the current "noise" caused by a surplus,...

19 October 2017

Enterprise Ethereum Alliance adds 48 new members

The Enterprise Ethereum Alliance has added 48 new members, including Hewlett Packard Enterprise. The EEA formally launched in February with the backing of major firms...

19 October 2017

Sibos 2017: NPP a marathon, not a sprint

Banks should be careful not to rush ahead of themselves with real-time and instant payments infrastructure projects, ANZ's general manager of wholesale digital...

19 October 2017

VEB finances agricultural equipment exports to Mongolia

Russia's Vnesheconombank (VEB) has provided a $10 million facility to the Development Bank of Mongolia for a project to supply Russian manufactured agricultural...

19 October 2017

Royal Caribbean Cruises arranges ECA-backed financing for Icon newbuilds

Royal Caribbean Cruises entered into financing agreements for the first and second Project Icon ships for Royal Caribbean International. The agreements were guaranteed by...

19 October 2017

IFC issues third $1bn green bond

The International Finance Corporation has issued a five-year green bond that raised $1 billion for green investments in emerging markets. The issuance, which was 2.6...

18 October 2017

Opportunity of the day: ET Solar in talks with China CITIC, other banks to fund 80MW of Malaysian solar projects

ET Solar Industry Limited is talking to China CITIC Bank Corporation Limited for the latter to provide some funding for its 80MW of Malaysian solar projects that are...