Fintech, Finance, Technology, Banking Highlights – 6 August 2018

Blockchain platform Omnitude joins forces with ImageNPay

British blockchain middleware platform, Omnitude, has joined forces with ImageNPay, an eWallet and mobile payments App that personalises payment and ecommerce experiences for consumers.

Omnitude makes it easier and faster for companies to exploit the benefits of blockchain technology and build it into the complex array of systems they use to serve their customers. Acting as a middleware layer between legacy and contemporary systems, the Omnitude technology platform helps businesses to innovate by adding additional layers of trust, security and efficiency into their applications with blockchain.

ImageNPay brings card payments to life by enabling customers to personalise their mobile payment experience based on their passions and preferences. It puts the consumer in control of their Payment Linked Loyalty (PLL) programmes and enables customers to purchase products from eCommerce sites with one-click as part of its end-to-end payments solution.

Under the partnership, the Omnitude ID product suite will be integrated with all three of ImageNPay’s propositions. All services will be underpinned by Omnitude’s blockchain middleware platform. As such, Omnitude will join a host of financial services, merchant and content providers that have already adopted ImageNPay’s solution to drive customer engagement across the payment ecosystem. The agreement marks an important milestone for both organisations as they continue to disrupt and enhance the global payments, loyalty and marketing marketplace.

Capgemini backs Startupbootcamp Australia fintech programme

Capgemini has joined forces with Startupbootcamp (SBC) Australia as the first corporate partner for SBC’s upcoming FinTech Accelerator Program in collaboration with the Victorian Government and YBF Ventures.

The program, focused on Open Banking and Customer Experience, will bring leading edge and innovative technologies for the Banking, Insurance and Superannuation sectors to Australia from around the world.

“With the fast-evolving financial services landscape fueled by dynamically changing customer expectations, disruptive technologies and tightening regulatory compliance, it is time for the financial services industry in Australia to leverage an ecosystem-led innovation. Our association with Startupbootcamp Australia will provide access to a global ecosystem of startups and with the leverage of our local expertise, we will be able to deliver to our clients’ growth, simplification and an applied innovation agenda,” said Deepak Nangia, Executive Vice President and Head of Financial Services, Capgemini in Australia.

The relationship with Startupbootcamp will see Capgemini facilitating partnerships and pilots between corporates and startups participating in the program. Capgemini will also leverage its Applied Innovation Exchange platform that includes a global network of ecosystems, innovation experts and a domain driven approach to mentor and consult with the startups on business processes, technology considerations, and go-to-market strategies. This orchestration will enable financial services organizations to better explore, interrogate, shape and de-risk their FinTech possibilities.

Dealerweb and Icap pricing to be made available on Thomson Reuters screens

Thomson Reuters has enhanced its Reuters Capital Markets 19901 service with pricing sourced through Dealerweb and ICAP, providing its fixed income trading clients with a market-leading global rates offering to further enable their trading decisions.

This is the first time that Tradeweb’s Dealerweb pricing will be available to the market, delivering robust pricing from leading market makers for the RCM 19901 service. Through this collaboration, Thomson Reuters trading clients will continue to have the same level of access to high quality data.

RCM 19901 enables clients to make effective evaluations using an extensive source of prices that assists with both portfolio and inventory management, along with trading opportunities. RCM 19901 offers comprehensive US Treasury data from Dealerweb’s low latency central limit order book (CLOB), and USD interest rate swap and multi-currency information sourced from ICAP, a market leader in interest rate swaps data. This allows users to retrieve up-to-date pricing, reference, and valuation data, when and how they need it. Through the exclusive Dealerweb US Treasury data combined with Thomson Reuters existing OTC sources, Thomson Reuters offers the most comprehensive source for inter-bank data in the market. RCM 19901 data can be licensed for use in multiple formats for various functions including real-time individual desktop use, including through Thomson Reuters flagship financial desktop product Eikon, as well as real-time enterprise feeds or intraday snap shots.