Almost 80% of European Investors Use Digital Tools to Track Their Expenses
- 4 years 5 months ago
- Financial
<p dir="ltr"><em>78.9% of investors monitor their spending using an app or software. These are the results of the latest survey conducted by the investment platform Robo.cash. Remarkably, only 7% trust Google Sheets and almost half of respondents prefer Excel spreadsheets. This largely confirms the notion that investors value data security highly when it comes to financial statements.</em></p>
First Sentier Investors Integrate with Flowlinx via FlexTrade’s FlexTRADER EMS for Access to Liquidity Data in Emerging Markets
- 4 years 5 months ago
- Trading Systems, Investment, Asset Management
FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and First Sentier Investors, a global asset management group focused on providing high quality, long-term investment capabilities to clients, today announced that the Flowlinx liquidity is available via FlexTRADER EMS.
Mphasis Unveils “Engineering is in Our DNA” Campaign to Unlock Next-Gen Customer Transformation
- 4 years 5 months ago
- Cloud, IT Innovations
Mphasis, an IT solutions provider specializing in cloud and cognitive services, today unveiled its brand transformation campaign – “Engineering is in our DNA” – a fresh approach that help organizations unlock the new digital future.
Cash is King – but Digital Payments are Coming for the Throne
- 4 years 5 months ago
- Payments
Even with a high banked population and a multitude of electronic payment options available, the average South African still use cash for daily purchases and payments with an estimated 78-80% of transactions being in cash. Anton van der Merwe, the recently-appointed COO of Ukheshe Technologies, a fintech enablement partner that works with financial institutions to grow in the rapidly-expanding digital space, says that for these reasons alone, the...
Kroo Secures £17.7M in Series A Fuding to Build a Social, Sustainable Bank
- 4 years 5 months ago
- Fundraising News, Banking
· UK fintech Kroo has raised £17.7m from lead investor Rudy Karsan and others in a Series A funding round · Kroo is building a truly social bank that helps users reduce anxiety around finances and champion social causes and was named Best Newcomer in the 2021 British Bank Awards · Kroo will use the funding to support its mobilisation phase, grow its team and secure a full banking license.
Tap Into your Liquid Gold Reserves at Mulberry Bank Auctions
- 4 years 6 months ago
- Banking
Scotch Whisky Cask Auctions achieve record prices! There are many fortunate souls among us who have purchased or inherited casks of whisky, had them stored in dusty warehouses for years, and then find ourselves with the quandary of what to do with them. Often, we haven’t paid huge amounts for the cask in the first place, buying them before the whisky boom of the last decade, but are aware that whisky has in many circumstances become more...
InRoads Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform
- 4 years 6 months ago
- Artificial Intelligence, Lending, Platform Technology
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and underwriting capabilities for new and prospective members.
Broadridge Onboards UBS onto Distributed Ledger Repo Platform
- 4 years 6 months ago
- Blockchain
Broadridge Financial Solutions, Inc, a global fintech leader, today announced that UBS has joined its transformative distributed ledger repo (DLR) platform.
LedgerEdge Selects Eventus Systems to Meet Global Trade Surveillance Needs for New DLT-based Corporate Bond Trading Platform
- 4 years 6 months ago
- Trading Systems, Risk Management
Validus platform gains further traction in fixed income Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that LedgerEdge, the new global corporate bond trading platform built on distributed ledger technology (DLT), has selected Validus as the real-time trade surveillance platform for all of its markets upon their launch.
Blockchain Companies hit $30.4B in Total Funding, a 44% Increase in a Year
- 4 years 6 months ago
- Blockchain, Cryptocurrencies
The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector's impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.
Atom Bank Reaches Key Income and Trading Milestones in Q1 2022
- 4 years 6 months ago
- Trading Systems, Banking
Atom bank, the Durham based Fintech, has made significant progress in the first quarter of its 2022 financial year passing several important income milestones. The Q1 results vindicate Atom’s business model and support a strong trajectory towards sustainable profitability. During the 3 months April to June 2021, Atom reached £3bn of mortgage completions, passed £1bn of deposits into its Instant Saver product, grew total customer deposits 16% to...
Kroll Launches New KYC Tool - Kroll Business Connect - to Enhance the Efficiency of Onboarding and KYC Checks
- 4 years 6 months ago
- Cloud, Compliance, AML and KYC, Risk Management
Kroll Business Connect allows compliance professionals to keep track of compliance requirements in a single, cloud-based platform Managers can assign automatic task reminders and notifications to ensure efficient task ownership The service is compatible with all compliance software or CRM systems
Almost 9 Million* People Never Check They are Getting the Best Deal on Regular Outgoings
- 4 years 6 months ago
- Money Transfers
Significant number of UK adults frequently missing out on best deals on their bills, by not comparing energy tariffs (18%), credit card deals (27%) or broadband offers (18%), as Yolt’s own proprietary user data1 demonstrates a significant rise in household spending One in five people (22%) are also ignoring bank statements, missing opportunities to reduce spending
Deutsche Telekom Trusts Coinbase Custody for its CELO Tokens
- 4 years 6 months ago
- Blockchain, Cryptocurrencies
Coinbase Custody has been selected by Deutsche Telekom as its trusted custodian for its CELO tokens – the native cryptocurrency of the Celo blockchain network. As the first telecommunications company in the world, Deutsche Telekom joins Celo to participate in the decentralized financial economy. Deutsche Telekom collaborates with Coinbase to stake its tokens to subsidiary T-Systems MMS.
Two Thirds of SME Leaders Anticipate Never Repaying Government Covid Support Loans
- 4 years 6 months ago
- Alternative Finance
Nearly one in 10 (9%) have defaulted on Covid loans before starting repayments Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes say it’s likely their business will default on the loan, according to new research1 from Nucleus Commercial Finance. This equates to 2.3 million SMEs who anticipate never repaying their loan.2
