Stemly Spins out from ING Labs Singapore to Enable Accelerated Growth and to Pave the Way for an Independent Future
- 4 years 10 months ago
- Investment
ING today announced that Stemly, a software as a service platform, is the first initiative to be spun out of ING Labs Singapore. To enable accelerated growth and to pave the way for an independent future for Stemly, venture capital fund Elev8, ING Ventures and EDB New Ventures, the corporate venture building arm of EDB, along with other investors, will invest US$2.5 million into the venture.
Vincent Acors Joins Bolero International from MonetaGo as new Trade Finance Director for APAC.
- 4 years 10 months ago
- Trading Systems, Cloud, People Moves
Bolero International, the leading cloud-based trade finance digitisation experts announce the appointment of Vincent Acors as their new Trade Finance director for the Asia-Pacific region. Based out of Bolero’s Singapore office, Vincent will be responsible for business operations and Bolero’s growth strategy to build on the company’s growing presence in the region.
Sionic and Revelock Join Forces to Help Banks and Financial Services Providers Fight Fraud
- 4 years 10 months ago
- Banking, Security
Revelock , a pioneer in behavioural biometric based online fraud prevention, has today announced it is partnering with Sionic, the global financial services consultancy, to help banks and financial services providers around the world take a more proactive approach to detecting and responding to fraud.
Telkom Launches Africa’s First Virtual Card for Transacting on WhatsApp
- 4 years 10 months ago
- Payments, Credit Cards
Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even those without a bank account – to access the digital economy and transact online.
Biggest Revenue Opportunities From Payments Data Monetisation Revealed In New Research Surveying Global Corporates
- 4 years 10 months ago
- Payments
Research conducted by Celent on behalf of Icon Solutions and MongoDB has revealed the bank data services that corporates will pay for, and the ones they consider table stakes.
UTP Group Urges SMEs to Protect Against CNP Phone Payment Fraud
- 4 years 10 months ago
- Payments
UTP Group, a European card payment solutions provider, is urging small businesses to be vigilant in the face of fraudulent card payments accepted over the phone, and shares tips that SMEs can deploy to protect themselves and their customers.
MCB to Adopt MITECH’s TRAC Collateral Management System on a Cloud
- 4 years 10 months ago
- Trading Systems, Management, Banking
The Mauritius Commercial Bank Ltd (MCB) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base structures as well.
Global eSIM Module Shipments to Reach 822 Million by 2025, as Smart Cities Drive Growth in Demand
- 4 years 10 months ago
- Data
A new Juniper Research study found that the number of global eSIM module shipments will increase from 430 million in 2020 to 822 million in 2025; representing a growth of 90%.
Mphasis Positioned as Major Contender and Star Performer for Financial Crime and Compliance (FCC) Operations Service Providers 2021 in Everest Group’s PEAK Matrix
- 4 years 10 months ago
- Cloud
Mphasis, an Information Technology solutions provider specialising in cloud and cognitive services,
IFIN Launches the First of its kind Instant Islamic Financing Platform
- 4 years 10 months ago
- Alternative Finance
Bahrain-based Islamic FinTech provider, IFIN (Islamic Finance Initiation Network – www.ifin-services.com), has launched the first of its kind, real economy, automated Islamic financing platform. The secure, innovative technology connects retailers and Islamic finance providers, enabling them to offer consumers instant access to Islamic financing for purchases, at the point of sale.
Vault Platform Secures $8.2 million in Series A Funding
- 4 years 10 months ago
- Fundraising News
Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.
Heritage Financial Credit Union Taps Scienaptic to Optimize Stronger, AI-Powered Credit Decisions and Enhance Member Financial Well-Being
- 4 years 10 months ago
- Credit Cards
Leading global AI-powered credit decision platform provider, Scienaptic AI announced Heritage Financial Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and strengthen financial options for its members.
Quppy to Successfully Close Another Investment Round
- 4 years 10 months ago
- FinTech StartUps
European fintech startup Quppy has closed its B-round at a very ambitious valuation of 25 mln euro
UK Critical National Infrastructure Given Priority Access to Cyber Contractors
- 4 years 10 months ago
- Security, Cybersecurity
As a direct response to increased cyber-attacks against UK CNI targets, a new cyber staffing organization, Huts & Blocks has launched to provide access to a largely untapped and growing cohort of security-cleared cyber contractors.
Workday Meets Growing Customer Demand with Record Number of Deployments
- 4 years 10 months ago
- Cloud
Workday Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it continues to meet growing c
