Recent News and Announcements from Pelican

For press enquiries, please contact Pelican to speak to the appropriate representative. Links to content on external news sites are provided for information purposes only and Pelican can take no responsibility for third-party content.

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Pelican’s Straight Through Processing and Payment Automation Solution Goes Live at Bank of Montreal

Press Release

15 April 2021

  Leading AI technology solutions provider, Pelican, announced today that Bank of Montreal (BMO) has recently gone live with Pelican Intelligent Financial Hub – STP,...

The innovation imperative and API challenge for banks

Article

| Global Banking & Finance

02 August 2019

The combination of rapid technology innovation, cultural and behavioural shifts, and new financial regulations are transforming the banking sector at a speed that is unprecedented.

Open Banking — The great enabler

Article

| THE GLOBAL TREASURER

17 July 2019

By Austin Clark In the world of treasury, it’s hard to ignore the subject of Open Banking. Barely a day goes by without it coming up in conversation, such is the fer...

Continuing our look at Open Banking and its impact on treasury, we discuss why technology such as APIs, AI and overlays will be the driving forces for change while Open Banking is the great enabler.

Raising the red flag on TBML

Article

| International Banker

09 May 2019

How AI technology can support banks in efficient, effective monitoring for TBML indicators.

OFAC: Taking their foot off the gas?

Article

| THE GLOBAL TREASURER

27 March 2019

Colin Camp, Senior Director - Business Development & Sales, APAC at Pelican, explores the drop in penalties issued to banks and corporates by the Office of Foreign Asset Control (OFAC) and asks, if the trend continues, if it’s appropriate to scale back trade compliance efforts as a result.

The Limits of API Aggregation—how ‘interoperability’ can solve the fragmentation challenge

Article

| FINEXTRA

26 March 2019

Open Banking is a powerful opportunity for both established banks and new fintech market entrants to develop and deliver impactful and empowering payments and financial services to consumers and businesses alike. It has been estimated that PSD2 has the potential to create a revenue opportunity of at least £7.2bn by 2022 across retail and small-business markets.

Is treasury missing the artificial intelligence opportunity?

Article

| THE GLOBAL TREASURER

13 February 2019

Artificial intelligence has the potential to help treasurers deal with regulation changes, increasingly demanding customers and continuing globalisation, yet uptake of the technology remains low. Is this a missed opportunity or is it just a matter of time before AI is commonplace across treasury functions?

Combating trade-based money laundering

Article

| NATWEST

03 January 2019

The traditional methods and software used to detect fraud are outmoded, and that the fraudsters can be one step ahead.

Succeeding in the AI economy: An interview with Parth Desai

Article

| DAILY NEWS AT SIBOS

23 October 2018

For over twenty years, Pelican has pioneered the application of AI technology to enhance, streamline and secure the payments life-cycle and combat financial crime. We sit down with Founder and CEO Parth Desai to discuss the challenges facing banks today.

Partnership strategies to overcome digital disruption

Article

| DAILY NEWS AT SIBOS

23 October 2018

Will digital disruption by dynamic technology natives undermine the long established business models and customer relationships of traditional banks? Tristan Blampied, Senior Product Manager with Pelican, examines the challenges.

Digital India – How digital identity and open APIs are driving payments innovation

Article

| OPEN BANKING REPORT 2018

28 September 2018

Much has been written about the potential of Open Banking and the transformative impact this will have on Europe’s payment landscape.

The innovation imperative and API challenge for banks

Article

| Global Banking & Finance

02 August 2019

The combination of rapid technology innovation, cultural and behavioural shifts, and new financial regulations are transforming the banking sector at a speed that is unprecedented.

Open Banking — The great enabler

Article

| THE GLOBAL TREASURER

17 July 2019
By Austin Clark In the world of treasury, it’s hard to ignore the subject of Open Banking. Barely a day goes by without it coming up in conversation, such is the fer...

Continuing our look at Open Banking and its impact on treasury, we discuss why technology such as APIs, AI and overlays will be the driving forces for change while Open Banking is the great enabler.

Raising the red flag on TBML

Article

| International Banker

09 May 2019

How AI technology can support banks in efficient, effective monitoring for TBML indicators.

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Pelican by ACE

06 January 2016
OFAC: Taking their foot off the gas?

Article

| THE GLOBAL TREASURER

27 March 2019

Colin Camp, Senior Director - Business Development & Sales, APAC at Pelican, explores the drop in penalties issued to banks and corporates by the Office of Foreign Asset Control (OFAC) and asks, if the trend continues, if it’s appropriate to scale back trade compliance efforts as a result.