The Cryptocurrency Whale Phenomenon: How do investors Thread Volatility Splashes?

• 4 years 10 months ago
• Payments, Cryptocurrencies

Cryptocurrencies remain extremely volatile. Bitcoin is consistently on track for topping their biggest monthly increase and decline. It faced one of their record-highs of 37.5% decline just this May 2021, and frequently sees drops like 37% drop seen in November 2018 and 40% slide in September 2011. Most recently, the price of bitcoin climbed to $34,805.19 Monday 28th June 2021, up 8% from where it stood at 5 p.m. ET Friday, after Mexican...

Fintech Aliaswire Secures $6M in New Venture Funding

• 4 years 10 months ago
• Fundraising News, Payments

Inability to Adapt Hampering Banks AML Efforts

• 4 years 10 months ago
• Payments, Banking

John Dobson, CEO at SmartSearch, says: “The European Banking Authority (EBA) has this week highlighted a key issue in RegTech, which is the wide variability of quality and services in the market. This may well be hampering further adoption of the technology in the sector. “We may have left the EU but of course we’re still doing business with the bloc and any moves they make towards increased regulatory standards will have to be reflected in the...

PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

• 4 years 10 months ago
• Security

PallyCon, a global leader in Multi DRM and content protection service provider, launches robust distributor watermarking to deter and combat premium content leaks in the distribution process. 

Statement from Davidson Kempner Regarding Qiagen

• 4 years 10 months ago
• Management, Asset Management

Qiagen's Supervisory Board suffers from a lack of trust and confidence due to its history of ineffectiveness and governance concerns. This has created a credibility issue that is currently reflected in Qiagen's steep valuation discount to peers and its own historic multiples, and negatively impacts the business.

Commenting on Eurozone Inflation Slowing Compared to UK/US

• 4 years 10 months ago
• Banking

Commenting on slowing Eurozone inflation in marked contrast to the US and UK, Jesús Cabra Guisasola, Associate at Validus Risk Management, said: “June CPI numbers for the Eurozone came in line with the market consensus (1.9% YoY) and lower compared to May (2.0%). Additionally, the Core CPI also slowed down to 0.9%, in marked contrast to the recent surprise prints in both the US and UK.

MOVii Achieves 1.5 million Customer Milestone Powered by Comviva’s Digital Wallet Platform

• 4 years 10 months ago
• Payments

Digital payments company, Movii announced that it has crossed 1.5 million customer milestone on its digital wallet platform in May 2021. MOVii is ranked fifth amongst all financial institutions in Colombia in terms of transaction volume and has reached this milestone faster than any other financial institution in the country.

Billhop Announces New CCO and COO Appointments

• 4 years 10 months ago
• Payments, People Moves

Billhop (www.billhop.com), the Swedish payment platform that helps businesses to improve cash flow and close liquidity gaps, has today announced that it has appointed two new hires joining its executive management team - Tashi Gauffin as Chief Commercial Officer, and Niklas Bothén as Chief Operations Officer.

Digiterre Appoints Patrick Bishop as Sales Director

• 4 years 10 months ago
• Data, People Moves

Digiterre, a software and data engineering consultancy, today announced the appointment of Patrick Bishop as Sales Director. Patrick joins Digiterre from Scott Logic where he was Head of Business Development.  Jeremy Toop is also appointed Senior Business Development Executive to support the continued growth of the business.

Bequest Raises £1.7M Investment to Overhaul the Way We Prepare End-of- life dmin

• 4 years 10 months ago
• Insurtech, Investment, Insurance

The revolutionary insurtech surpasses 1,000 customers in weeks of launch

Ghana International Bank Partners with Backbase toAaccelerate Digital Innovation

• 4 years 10 months ago
• Transaction Banking, Banking

UK-based international bank leverages Backbase’s Engagement Banking Platform to provide best-in-class customer experience Ghana International Bank (GHIB), a UK-headquartered pan-African bank, announces today that it has partnered with Engagement Banking technology provider Backbase. The partnership will underpin the bank’s digital transformation, accelerate innovation and, by allowing GHIB to create tailor-made solutions, provide an enhanced,...

Muchbetter Payments Now Available on Betsson Group Online Gaming Platform

• 4 years 10 months ago
• Payments, e-Payments

MuchBetter, the multi-award-winning e-wallet app, today announced a new international payments partnership with global gaming leader Betsson Group. MuchBetter is now available to players in multiple jurisdictions across ten popular Betsson brands, including Betsson.com, Betsafe.com and CasinoEuro.com. 

Finclude Joins Growing Ecosystem of Partners Supporting the IBM Cloud for Financial Services

• 4 years 10 months ago
• FinTech StartUps

Finclude, an Ireland-based start-up that provides credit scoring and affordability profiles using machine learning technology, today announced it has joined IBM’s (NYSE: IBM) growing ecosystem of more than 100 Global Systems Integrators (GSIs), Independent Software Vendors (ISVs), SaaS providers, and FinTechs supporting the IBM Cloud for Financial Services.

Medius Delivers Seamless Cross-border Payments with TransferMate

• 4 years 10 months ago
• Management, Payments

Medius, a leading provider of spend management solutions, is announcing its partnership with TransferMate, the leader in payments infrastructure as a service, to offer Medius customers an integrated and seamless way to make international payments without leaving their existing spend management platform.

The Chartered Institute for Securities & Investment Signs an MOU with Gibraltar Funds & Investments Association (GFIA)

• 4 years 10 months ago
• Investment, Financial

The Chartered Institute for Securities & Investment (CISI) and the Gibraltar Funds and Investments Association (GFIA) are delighted to announce a collaboration aimed at strengthening the culture, integrity and professionalism of financial services markets and practitioners. The confirmation will mean that reciprocal arrangements will be in place for members of both organisations to access mutual qualifications, membership and continuing...