Author: DEROBS

  • Euroclear appoints new leadership for banking and risk management

    Euroclear appoints new leadership for banking and risk management

    Euroclear has announced two significant appointments to its executive leadership team. Guillaume Eliet has been appointed as the Chief Executive Officer of Euroclear Bank, while Marie-Anne Haegeman will take on the role of group Chief Risk Officer.

    These leadership changes at the financial services firm follow the organization’s latest internal restructuring announcements.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111383/euroclear-announces-leadership-appointments?utm_medium=rssfinextra&utm_source=finextrafeed

  • Appcharge appoints Ronen Morecki as chief operating officer

    Appcharge appoints Ronen Morecki as chief operating officer

    Appcharge, a provider of direct-to-consumer (DTC) payments solutions for the mobile gaming industry, has announced that Ronen Morecki has joined the company as Chief Operating Officer.

    The appointment marks a leadership update for the organization, which specializes in facilitating payment infrastructure for developers seeking to manage their own consumer transactions outside of traditional app store ecosystems. Further details regarding Morecki’s previous professional background or specific mandates within the role were not disclosed in the company’s announcement.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111384/appcharge-names-chief-operating-officer?utm_medium=rssfinextra&utm_source=finextrafeed

  • NVIDIA introduces RFD4-Proteina for reward-guided protein design

    NVIDIA introduces RFD4-Proteina for reward-guided protein design

    NVIDIA has introduced RFD4-Proteina, a specialized tool designed to assist researchers in the complex task of protein design. By utilizing a reward-guided inference-time search method, the system aims to navigate the astronomical number of potential amino acid combinations inherent in protein engineering.

    Protein design is fundamentally a search problem. According to NVIDIA, selecting amino acids for a simple eight-residue protein sequence can yield more than 25 billion possible combinations. As the sequence length increases—for example, to 100 residues—the number of potential arrangements grows to exceed the number of atoms in the observable universe. This massive scale creates a significant computational barrier for scientists attempting to identify specific protein structures that could serve as effective therapies.

    RFD4-Proteina addresses this challenge by employing inference-time search, a technique that guides the selection process based on defined rewards. By systematically evaluating potential combinations within this vast search space, the tool aims to narrow down the possibilities to those with the most promising therapeutic potential.

    The release reflects the ongoing integration of advanced AI techniques into biotechnology, providing researchers with more efficient computational methods to explore protein sequences. By streamlining this discovery process, tools like RFD4-Proteina seek to accelerate the development of new treatments by reducing the time and resources required to identify viable candidates among nearly infinite molecular possibilities.

    Source: NVIDIA
    Original article: https://developer.nvidia.com/blog/design-proteins-with-rfd4-proteina-using-reward-guided-inference-time-search/

  • N26 appoints new chief communications officer as part of growth strategy

    N26 appoints new chief communications officer as part of growth strategy

    N26 has announced the appointment of a new chief communications officer. This leadership update comes as the digital bank pivots to prioritize its next phase of growth and organizational maturity.

    The company stated that its current strategy focuses on scaling operations within its core European markets: Germany, France, Italy, and Spain. By concentrating on these regions, the bank aims to reinforce its position and leadership within the European digital banking sector.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111386/n26-appoints-chief-comms-officer?utm_medium=rssfinextra&utm_source=finextrafeed

  • Devexperts introduces crypto-focused interface for DXtrade platform

    Devexperts introduces crypto-focused interface for DXtrade platform

    Global software developer Devexperts has announced the launch of a new, dedicated cryptocurrency trading interface for its flagship multi-asset trading platform, DXtrade. The software, which operates as a white-label solution for capital markets, is intended to expand the platform’s capabilities to better serve firms involved in digital asset markets.

    By integrating a specialized interface for cryptocurrency, Devexperts aims to provide a more focused experience for traders and institutions utilizing the DXtrade ecosystem. This addition follows the company’s broader focus on providing technology solutions for the capital markets sector, facilitating trading across various asset classes.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111387/dxtrade-launches-white-label-crypto-interface?utm_medium=rssfinextra&utm_source=finextrafeed

  • Bajaj Broking integrates commodity trading into its digital platforms

    Bajaj Broking integrates commodity trading into its digital platforms

    Bajaj Broking has officially incorporated commodity trading into its suite of digital platforms. This move is designed to broaden the scope of market access available to the firm’s customer base.

    By integrating these new capabilities, the company allows users to participate in commodity markets directly through its existing digital infrastructure. The addition follows the firm’s ongoing efforts to enhance its online financial service offerings.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111388/bajaj-broking-adds-commodity-trading-to-digital-platforms?utm_medium=rssfinextra&utm_source=finextrafeed

  • Twelve Securis adopts Fund Recs Fusion platform for operational controls

    Twelve Securis adopts Fund Recs Fusion platform for operational controls

    Twelve Securis has selected the Fusion platform, developed by FinTech provider Fund Recs, to enhance its operational control framework. The firm will leverage the platform to manage several critical back-office functions.

    According to the announcement, the integration covers cash reconciliation and position reconciliation, as well as the firm’s EMIR (European Market Infrastructure Regulation) oversight processes. By utilizing the Fusion platform, Twelve Securis aims to support these operational requirements through the provider’s automated reconciliation technology.

    Source: Finextra
    Original article: https://www.finextra.com/pressarticle/111389/twelve-securis-selects-fund-recs-for-operational-controls?utm_medium=rssfinextra&utm_source=finextrafeed

  • Assessing the systemic causes of multi-billion dollar anti-money laundering fines

    Assessing the systemic causes of multi-billion dollar anti-money laundering fines

    In the evolving landscape of global financial regulation, the imposition of multi-billion dollar anti-money laundering (AML) fines on financial institutions remains a recurring issue. These significant financial penalties raise critical questions regarding the root causes of compliance failures within the sector.

    The discussion centers on distinguishing whether such large-scale regulatory enforcement is primarily the result of deliberate bad intentions within institutions, deep-seated flaws in current compliance systems, or if financial entities are being held to standards that are fundamentally impossible to meet. As digital transformation continues to reshape finance, the effectiveness and reliability of AML infrastructure are under increasing scrutiny by regulators and institutions alike.

    Source: Finextra
    Original article: https://www.finextra.com/blogposting/33241/billions-in-aml-fines-bad-intentions-bad-systems-or-impossible-expectations?utm_medium=rssfinextra&utm_source=finextrafeed

  • NVIDIA introduces Kumo Forecast to improve time-series forecasting

    NVIDIA introduces Kumo Forecast to improve time-series forecasting

    NVIDIA has announced the release of Kumo Forecast, a specialized tool developed to improve the accuracy and interpretability of time-series forecasting models. By integrating pretrained time-series representations with historical pattern retrieval, the system aims to provide more reliable insights for data-dependent forecasting tasks.

    A core feature of Kumo Forecast is its ability to leverage existing patterns within data history, which helps in identifying trends that might otherwise be overlooked by standard forecasting architectures. The integration of pretrained representations allows the system to build upon foundational knowledge in time-series analysis, potentially reducing the training requirements for specific use cases while maintaining predictive performance.

    Beyond performance metrics, the architecture focuses on interpretability, a critical component for stakeholders who rely on data-driven decision-making. By allowing users to understand the logic behind specific forecasts, NVIDIA seeks to bridge the gap between complex algorithmic outputs and actionable business insights.

    The launch reflects a broader trend toward specialized AI tools that combine deep learning capabilities with structured pattern recognition. As organizations continue to rely on data for strategic planning, tools like Kumo Forecast represent a step toward making advanced predictive modeling more accessible and explainable.

    Source: Hugging Face
    Original article: https://huggingface.co/blog/nvidia/kumo-forecast

  • Standard Chartered to acquire Zodia Custody

    Standard Chartered to acquire Zodia Custody

    UK-based global banking institution Standard Chartered is set to acquire Zodia Custody, a move that positions the bank to expand its capabilities within the digital assets sector.

    Zodia Custody specializes in providing digital asset custody services, a critical infrastructure component for institutional market participants looking to securely hold and manage cryptocurrency and other digital tokens. By bringing this entity into its fold, Standard Chartered adds dedicated digital asset storage and management expertise to its existing global banking infrastructure.

    While the acquisition marks a development in the integration of traditional banking and digital finance, further details regarding the financial terms of the deal or the anticipated integration timeline were not provided in the initial announcement.

    Source: Finextra
    Original article: https://www.finextra.com/newsarticle/48627/standard-chartered-to-acquire-zodia-custody?utm_medium=rssfinextra&utm_source=finextrafeed