Connect with us

Technology

Cosmos Provides Connectivity to Help Banks Participate in Swift’s Ledger for 24/7 Cross-Border Payments

Published

on

The Cosmos Tokenization Suite gives financial institutions access to capabilities like 24/7 cross-border payments by integrating with key networks like Swift’s blockchain-based ledger.

NEW YORK, Sept. 28, 2026 /PRNewswire/ — Cosmos helps banks and financial institutions connect their core ledger to EVM and Hyperledger Besu environments, such as the one powering Swift’s blockchain-based shared ledger, to support use cases like 24/7 cross-border payments.

The Cosmos Tokenization Suite gives banks the infrastructure to stand up their own tokenized deposit ledgers, synchronize them with existing cores, like Fiserv, FIS, Jack Henry, Temenos, and Hogan, and connect them with networks like Swift’s ledger, Canton, Partior, Ethereum, Solana, and more. Swift’s ledger provides secure messaging and orchestration, while the Cosmos platform gives financial institutions a seamless path to move customer funds across counterparties.

Building on that foundation, Cosmos accelerates three key areas for banks participating in the Swift pilot. The first is integration between core banking systems and digital ledgers, including EVM and Hyperledger-based environments, like Swift’s ledger. It also accelerates interoperability across networks and counterparties and, in the future, will support engagement with correspondent banks to enable broader participation.

“For our clients, this is about helping them connect their core ledger to external networks via their existing infrastructure and relationships. Banks need to offer customers 24/7 payments and real-time treasury experiences. Cosmos offers the connectivity to make that possible across counterparties, starting now,” said Maghnus Mareneck, Co-CEO, Cosmos.

Beyond payments, the Cosmos Tokenization Suite unlocks a broader set of use cases, such as real-time treasury management, instant cash sweeps, and programmable money flows.

Swift’s ledger provides a secure orchestration layer that enables 24/7 cross-border payments using tokenized deposits, while keeping those deposits on banks’ balance sheets and preserving the benefits of commercial bank money. With Cosmos, the tokenized deposits remain on the issuing bank’s ledger; Swift’s ledger securely orchestrates the movement of funds between participating institutions, including overnight and on weekends, before completing final settlement through existing systems.

Today, value equivalent to global GDP moves across the Swift network every two to three days, and 75% of transactions on Swift already reach the end bank within ten minutes. The addition of a blockchain-based ledger to Swift’s infrastructure does not alter its role as a global financial messaging network. Final settlement continues through agreed mechanisms, including real-time gross settlement systems. This allows banks to extend payment availability beyond traditional operating hours while retaining their existing settlement arrangements.

The MVP of Swift’s ledger was developed in collaboration with more than 40 financial institutions globally. Seventeen first-mover financial institutions are now putting it into practice, piloting tokenized deposit transactions across a range of use cases. The initiative builds on the Swift co-operative’s global reach of more than 12,500 financial institutions and corporates across over 200 markets.

About Cosmos

Cosmos Labs is the company leading development and growth for Cosmos, the world’s leading neutral, open-source digital ledger ecosystem powering 150+ chains across finance, payments, and global business. Cosmos offers blockchain infrastructure and solutions for financial institutions to drive digital transformation. To learn more, follow @cosmos on X or visit cosmos.network.

CONTACT: cosmos@5wpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cosmos-provides-connectivity-to-help-banks-participate-in-swifts-ledger-for-247-cross-border-payments-302891523.html

SOURCE Cosmos Labs

Continue Reading

Technology

Finys Launches the Latest Version of the Finys Suite at ITC Vegas

Published

on

By

Built on the redesigned Finys Platform, the latest version of the Finys Suite connects data, products, rates, rules, and workflows to support AI across insurance operations

LAS VEGAS, Sept. 29, 2026 /PRNewswire/ — Finys, a provider of core insurance software and services for U.S. property and casualty carriers, today unveiled the latest version of its flagship Finys Suite at InsureTech Connect (ITC) Vegas. The release brings policy, billing, and claims functionality onto the redesigned Finys Platform and introduces an updated user experience, embedded CRM, a restructured data model, and expanded configuration capabilities.

Property and casualty carriers are using AI across underwriting, service, claims, and other areas of the business. The results AI can produce are dependent on the core environment beneath it, including the data it can access, the business rules it can interpret, and the workflows in which its outputs can be used. Finys developed the latest version of the Suite around that operating reality.

“AI can only be as effective as the core environment supporting it,” said Kurt Diederich, CEO of Finys. “That is why we rebuilt the Finys Suite. We connected the data, products, rates, rules, and workflows AI needs to produce meaningful results across the business.”

The latest Finys Suite includes:

A redesigned technology foundation. The Finys Platform has been rebuilt to improve performance, scalability, resilience, and integration flexibility as the Suite evolves.An updated day-to-day experience. Updated landing and home experiences, clearer navigation, and streamlined workflows reduce friction for users.More connected customer and operational data. An embedded Finys CRM provides a customer-centric view of contacts and interactions, while a restructured data model is designed to make information easier to access and improve performance for carriers with complex operations.Greater configuration control. Finys Design Studio gives carrier subject matter experts a low-code environment to configure products, screens, rules, and forms.AI assistants across the Finys Suite that answer questions, provide conversational insights, and provide configuration assistance based on where the user is working.

The release extends beyond an interface update. It carries forward the proven insurance functionality carriers rely on while changing the foundation beneath it, creating greater flexibility to improve workflows, connect services, and introduce new capabilities without starting over.

About Finys
Finys provides core insurance software and services for U.S. property and casualty carriers. Its flagship product, the Finys Suite, supports the full policy lifecycle across policy, billing, and claims and includes portals, CRM, document management, data, intelligence, and configuration capabilities. For more than 25 years, Finys has combined technology built for insurance with a partnership-driven approach. For more information, visit finys.com or Booth 1339 throughout ITC Vegas, Sept. 29-Oct. 1, 2026.

Media Contact:
Beth Bartlick
Senior Director of Marketing
Finys, LLC
860-212-5799
bbartlick@finys.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/finys-launches-the-latest-version-of-the-finys-suite-at-itc-vegas-302890244.html

SOURCE Finys, LLC

Continue Reading

Technology

Cognizant Named to Forbes World’s Best Employers 2026 List

Published

on

By

Company recognized among the world’s top employers for the fifth consecutive year

TEANECK, N.J., Sept. 29, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today announced it has been named one of the World’s Best Employers 2026 by Forbes for the fifth consecutive year. Presented in collaboration with Statista, the ranking recognizes organizations setting the global standard for workplace excellence.

The World’s Best Employers were identified through an independent survey that measures employee recommendations, feedback and peer evaluations from more than 300,000 employees across 50 countries.

“Cognizant is proud to be named among Forbes’ World’s Best Employers for the fifth consecutive year,” said Kathy Diaz, Chief People Officer, Cognizant. “Maintaining this recognition while at the forefront of the rapidly changing AI era reflects our focus on supporting our global workforce and staying true to our values as we evolve for the future.”

This recognition adds to Cognizant’s growing list of employer-related accolades, including being named to TIME World’s Best Companies 2026 list, and being certified as a Great Place to Work® in 30 countries. Reflecting its continued evolution as an employer, Cognizant recently introduced Frontier Certified Engineer and Frontier Business Operator roles, purpose-built for the AI era and designed to help shape the next generation of AI-powered work.

Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data and various market and consumer studies and surveys.

To view the full World’s Best Employers 2026 list, visit Forbes’ website.

About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

For more information, contact:

U.S.

Alexis Garfinkel

alexis.garfinkel@cognizant.com

Europe / APAC

Sarah Douglas

sarah.douglas@cognizant.com

India

Vipin Nair

Vipin.nair@cognizant.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cognizant-named-to-forbes-worlds-best-employers-2026-list-302893048.html

SOURCE Cognizant Technology Solutions Corporation

Continue Reading

Technology

ReTo Eco-Solutions, Inc. Announces Share Consolidation

Published

on

By

BEIJING, Sept. 29, 2026 /PRNewswire/ — ReTo Eco-Solutions, Inc. (Nasdaq: RETO) (“ReTo” or the “Company”) today announced that its board of directors approved a combination of its Class A shares, no par value (the “Class A Shares”), on a twenty-to-one basis (the “Share Combination”). The Class A Shares will begin trading on a post combination basis on October 2, 2026.

As a result of the Share Combination, each twenty (20) pre-combination Class A Shares will be automatically combined into one (1) Class A Share without any action on the part of the holders, with the number of issued and outstanding Class A Shares reduced from 145,814,975 to approximately 7,290,749. There will be no change to the par value of the Class A Shares, which will remain no par value following the Share Combination. The Class A Shares will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “RETO” under a new CUSIP number – G75271158. The Share Combination is intended to increase the market price per share of the Class A Shares to allow the Company to maintain its Nasdaq listing.

No fractional shares will be issued as a result of the Share Combination. Shareholders who otherwise would be entitled to a fractional share because they hold a number of Class A Shares not evenly divisible by four will automatically be entitled to receive an additional share of the Class A Shares.

The Share Combination will not be submitted to a vote of the Company’s shareholders as shareholder approval is not required under the laws of the British Virgin Islands.

The Company’s transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.

About ReTo Eco-Solutions, Inc.

Founded in 1999, ReTo Eco-Solutions, Inc., through its operating subsidiaries in China, is primarily engaged in the research and development, and sales of ecological environment protection equipment, intelligent mining equipment and smart craft beer machines. The Company provides consultation, design, implementation and installation of its equipment and related parts, as well as engineering support and technical advice and services. For more information, please visit: http://en.retoeco.com.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company’s actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company’s business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

View original content:https://www.prnewswire.com/news-releases/reto-eco-solutions-inc-announces-share-consolidation-302892244.html

SOURCE ReTo Eco-Solutions, Inc.

Continue Reading

Trending