31 Companies Join Tech Nation’s Fintech Cohort 3.0 Programme
- 4 years 10 months ago
- FinTech StartUps
Tech Nation, the growth platform for tech companies and leaders, announces the 31 tech companies that have been selected to join the Fintech Cohort 3.0, in conjunction with revealing new data that shows the UK is leading fintech in Europe.
ClearBank and Tide Granted £25M to Help UK SMEs Recover From Pandemic
- 4 years 10 months ago
- Covid-19, Lending, Investment, Banking
ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform [1], have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity. The funding will be used to provide financial support and products to help SMEs address the challenges they will face in the post-coronavirus and post-Brexit economic environment and to seize on the opportunities that come...
Goldman Sachs and Volante to Launch Digital Transaction Banking in the Cloud
- 4 years 10 months ago
- Transaction Banking, Cloud
Volante Technologies, the global leader in cloud payments and financial messaging, today announced that Volante has been collaborating with Goldman Sachs Bank USA (“Goldman Sachs”) to provide the payments technology underpinning the bank’s recently
World’s Largest Crypto Payments Processor, CoinPayments, Adopts Sumsub’s KYC Solution
- 4 years 10 months ago
- Cryptocurrencies, Compliance, AML and KYC
The world’s largest cryptocurrency payments processor, CoinPayments, announces its collaboration with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC/KYB/AML needs. This partnership will simplify onboarding for CoinPayments users, while optimizing conversion rates, reducing costs by 30% and reducing time spent on routine tasks by 50%.
Temenos Offers E2E Digital Account Opening and Funding in 90 Seconds
- 4 years 10 months ago
- Banking, Cloud
Temenos (SIX: TEMN), the banking software company, today announced that Temenos Infinity now offers a real-time, end-to end account opening and onboarding digital experience in just seconds. The account is fully funded and ready for customer use. The simplicity and unparalleled speed of the Temenos onboarding process combined with KYC and AML checks helps banks and credit unions increase conversion rates and drastically reduce operating costs.
SIX Launches Tax Efficiency Tool for Wealth and Asset Management
- 4 years 10 months ago
- Asset Management, Wealth Management, Data
SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.
CloudMargin Raises $15 Million in Series B Funding Round
- 4 years 10 months ago
- Investment
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.
illimity Launches Italy's Largest Open Banking Platform
- 4 years 10 months ago
- Open Banking
The Boards of Directors of illimity Bank S.p.A. (“illimity”), Banca Sella Holding S.p.A. (“Banca Sella Holding”), Fabrick S.p.A. (“Fabrick”) and Hype S.p.A. (“HYPE”), held yesterday, approved the agreement for the entrance of illimity in HYPE, thus giving rise to a Joint Venture equally owned by illimity and Fabrick (until now holding 100% of HYPE shares and, in turn, controlled by Banca Sella Holding S.p.A).
AI Firm Sidetrade Announces H1 2020 Results
- 4 years 10 months ago
- Artificial Intelligence
Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, announces record first half results, with income up 14% and net profit up 103%, while pursuing an offensive investment strategy. Olivier Novasque, chief executive officer of Sidetrade, had this to say:
BSO Broadens On-Demand Cloud Connect Offering With Alibaba Cloud
- 4 years 10 months ago
- Cloud
BSO, the lead
Finzly Wins “Best Enterprise Payments Solution” and “Best of Show” at FinovateFall 2020
- 4 years 10 months ago
- Payments, Banking
Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, has been awarded “Best Enterprise Payments Solution” for Payment Galaxy (Finzly’s Payment Hub) at the 2020 Finovate Awards.
Kroll Enhances Managed Detection and Response Solutions with Kroll Responder
- 4 years 10 months ago
- Cybersecurity, Compliance, Risk Management
Kroll, a division of Duff & Phelps, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has elevated its managed detection and response (MDR) capabilities with Kroll Responder. Responder is a turnkey solution delivering 24x7 MDR, merging robust monitoring, proactive threat hunting and superior incident response by Kroll’s seasoned investigators...
Reech Corporations Group Launches Odysseus Investments to Drive Digitisation of Traditional Sectors
- 4 years 10 months ago
- Investment
Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new growth investor – Odysseus Investments. The business will be headed up by Adam Battersby, formerly Head of Global Principal Investments at BofA Merrill Lynch.
Refinitiv Wealth Management brings Enhanced Scale to AssetMark’s Platform for Financial Advisors
- 4 years 10 months ago
- Wealth Management
Refinitiv today announces a new collaboration with AssetMark, a leading provider of Wealth Management and technology solutions, to bring added resource, scale and innovation to AssetMark through the Refinitiv BETA platform. The alliance further demonstrates Refinitiv’s commitment to the Wealth Management industry by supporting AssetMark’s ongoing mission to evolve its solutions and services to meet the ever-changing needs of financial advisors...
EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future
- 4 years 10 months ago
- Investment, Banking, Insurance
EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, today announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.
