Blockchain Press Releases
Salve Financial Hub SpA selects Finastra to tackle payment delays for corporates
Finastra Essence, pre-integrated with Digital Engagement Hub, will support accurate and fast payments processing by streamlining compliance checks
LONDON, July 20, 2023 /PRNewswire/ — Finastra, a global provider of financial software applications and marketplaces, announced that Salve Financial Hub SpA (Salve FH), a European payments processing startup based in San Marino, has selected Finastra Essence to reduce payment delays resulting from overcompliance. Finastra’s SaaS solution, integrated with Digital Engagement Hub, its suite of digital applications, will help Salve FH process rapid, high value payments for corporates and their beneficiaries by providing stringent compliance checks during the onboarding process and on a regular basis thereafter. The company will also leverage Finastra’s APIs to build and maintain integrations with custodian and central banks.
“As a startup with ambitious growth plans, we need a flexible solution, underpinned by robust technology, that enables us to tackle a major driver of late payments for our customers in Europe and eventually other regions,” said Massimo Ferracci, CEO at Salve Financial Hub SpA. “Coupled with the team’s expertise and ongoing support, Finastra’s innovative, proven SaaS solution and suite of applications will help us adapt quickly to new regulatory and customer demands and implement more applications as we grow. This is a strategic move that allows us to help more customers reduce the time and costs of delayed transactions resulting from overcompliance.”
Essence is a cloud-first, next-generation digital banking solution which combines sophisticated functionality and advanced technology to increase enterprise agility, reduce costs and improve operational efficiency. Powered by open, microservices architecture, Essence’s rich, broad and deep retail and commercial banking functionality will enable Salve FH to rapidly deploy market-leading products and services as it grows. Enabled by Digital Engagement Hub, the fintech will also deliver data-driven, insight-led customer experiences, across a range of areas including, streamlined onboarding, seamless origination and sophisticated, omni-channel mobile and online banking.
“Salve FH is a fast-growing fintech that speeds the flow of payments between its customers, via a hub model operating within a wider ecosystem,” said Siobhan Byron, EVP, Universal Banking at Finastra. “Balancing compliance checks and speed is crucial for the company as it works to remove friction from payments services and deliver a seamless experience to its customers without compromising security or fraud prevention. With open technology, cloud and seamless integrations, we are supporting Salve FH as it continues to grow its customer base and contribute to the economic growth of the San Marino financial system.”
About Finastra
Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning software solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by over 8,000 institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com.
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View original content:https://www.prnewswire.co.uk/news-releases/salve-financial-hub-spa-selects-finastra-to-tackle-payment-delays-for-corporates-301881921.html
Blockchain
Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days
In recent news, Bitgert coin’s price is anticipated to soar in the coming days, marking a significant development in the cryptocurrency market. This projection has attracted attention from investors and enthusiasts alike, as they await potential gains from the anticipated price surge.
The expected rise in Bitgert coin’s price has stirred excitement among crypto investors, who are closely monitoring market trends and developments to capitalize on potential opportunities. This surge is attributed to various factors, including market sentiment, technological advancements, and investor confidence in the project’s prospects.
As the cryptocurrency landscape continues to evolve, Bitgert coin’s projected price increase underscores the dynamic nature of the market and the potential for significant gains. Investors are advised to conduct thorough research and exercise caution when trading cryptocurrencies, as price movements can be volatile and unpredictable.
Overall, the anticipated surge in Bitgert coin’s price reflects the growing interest and optimism surrounding the project, highlighting its potential to deliver substantial returns for investors in the near future.
Source: cryptodaily.co.uk
The post Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days appeared first on HIPTHER Alerts.
Blockchain
Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’
Ethereum developers are setting their sights on improving the user experience of crypto wallets with the implementation of Ethereum Improvement Proposal (EIP) 3074. This proposal aims to simplify the process of interacting with Ethereum smart contracts, making it easier for users to manage their digital assets securely.
EIP-3074 introduces a new type of account called “constrained accounts,” which are designed to restrict certain types of interactions with smart contracts. This feature enhances the security of crypto wallets by limiting the scope of potential attacks and reducing the risk of unauthorized access to funds.
One of the key benefits of EIP-3074 is its ability to streamline the user experience of interacting with Ethereum smart contracts. By simplifying the process of managing digital assets, this proposal aims to make crypto wallets more accessible to a wider audience, including non-technical users.
In addition to improving usability, EIP-3074 also enhances the security of Ethereum wallets by introducing new permissioning mechanisms. Constrained accounts allow users to define specific rules and conditions for interacting with smart contracts, providing an additional layer of protection against potential vulnerabilities and exploits.
Overall, EIP-3074 represents a significant step forward in the ongoing effort to enhance the usability and security of Ethereum wallets. By introducing constrained accounts and new permissioning mechanisms, this proposal aims to make it easier for users to manage their digital assets securely while also reducing the risk of unauthorized access and potential attacks.
Source: coindesk.com
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Blockchain
Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption
Istanbul Blockchain Week 2024 is making a comeback, highlighting Turkey as a rising star in Web3 adoption. This event, set to take place in Istanbul, aims to showcase Turkey’s growing prominence in the adoption of Web3 technologies and its potential to become a leader in the blockchain industry.
With a focus on fostering collaboration and innovation in the blockchain space, Istanbul Blockchain Week 2024 will bring together industry experts, developers, investors, and enthusiasts from around the world. The event will feature a series of keynote speeches, panel discussions, workshops, and networking sessions, providing participants with valuable insights and opportunities to connect with key players in the industry.
One of the key objectives of Istanbul Blockchain Week 2024 is to highlight Turkey’s vibrant blockchain ecosystem and its potential to drive innovation and economic growth. As a strategically located hub between Europe, Asia, and the Middle East, Turkey offers a unique opportunity for blockchain companies to tap into diverse markets and access a skilled talent pool.
The event will also serve as a platform for showcasing the latest developments and trends in the blockchain industry, including decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and more. Attendees can expect to gain valuable insights into the future of blockchain technology and its potential impact on various industries.
Istanbul Blockchain Week 2024 is expected to attract a diverse audience, including blockchain enthusiasts, investors, entrepreneurs, government officials, and academics. By bringing together stakeholders from across the globe, the event aims to foster collaboration, drive innovation, and accelerate the adoption of blockchain technology in Turkey and beyond.
Overall, Istanbul Blockchain Week 2024 promises to be an exciting and impactful event, showcasing Turkey’s growing influence in the blockchain industry and highlighting the country’s potential to become a global leader in Web3 adoption.
Source: cryptoslate.com
The post Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption appeared first on HIPTHER Alerts.
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