Latest news

Baton Systems Commits to Updated FX Global Code and Providing Access to PvP Settlement For All Market Participants

4 years 11 months ago
Asset Management, Payments

Baton Systems, the market solution transforming asset movements and settlements, today became a signatory to the updated FX Global Code, underscoring its commitment and support to firms keen to eliminate settlement risk by enabling real time, payment-versus-payment (PvP) settlement for all market participants.

FICO UK Credit Market Report May 2021: Markedly Lower Year-On-Year Increase in Credit Card Spend Suggests Consumers Are Adjusting to ‘New Normal’

4 years 11 months ago
Management, Payments, Credit Cards, Data

4 percent rise in credit card spend and 10 percent increase in payments to balance reflects continued use of pandemic savings, plus pragmatic financial management with end of government support on the horizon Highlights Third consecutive monthly increase in credit card spend – but growth rate slowing at 4 percent

Bishopsgate Financial Acquired by CubeMatch Ltd

4 years 11 months ago
Management, Compliance, Risk Management, Consultancy

Two leading specialist financial services change management consultancies partner to offer an enhanced service Bishopsgate Financial’s expertise in transformation, change management, compliance and financial crime will combine with CubeMatch’s capabilities in strategic change, risk management and technology

Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution

4 years 11 months ago
Open Banking, Payments, Banking

· Lloyds Bank Commercial Banking will be utilising Mastercard’s Open Banking Merchant Payment Solution to launch PayFrom Bank. · The solution enables individuals to make online payments directly from their bank accounts, giving consumers more choice over how they pay and providing merchants with instant settlement of funds · United Response, a charity supporting vulnerable people, is the first merchant to sign up.

Axyon AI Delivers First Ever use of Market Anomaly Detection in Digital Asset Space

4 years 11 months ago
Artificial Intelligence, Trading Systems, Asset Management

Axyon AI partners with DeFi FX exchange DeFinity to develop Deep Learning AI market anomaly detection

Maslife Partners with Paynetics for a New AI-powered Payment and Wellbeing App

4 years 11 months ago
Artificial Intelligence, Payments, e-Payments

New partnership aims to improve financial wellbeing through a gamified app experience

GFT Appoints Carlton Hopper as UK Managing Director

4 years 11 months ago
IT Innovations, Insurance, People Moves

· A highly experienced, energetic, and results-driven business leader · Driving accelerated cloud adoption and technology modernisation programmes for clients · Spearheading regional expansion plans for the UK · Forging greater collaboration with GFT's global teams to deliver increased value to shared international clients

Glue42 Embraces the Demise of the App with its Latest Enterprise Release

4 years 11 months ago
IT Innovations

New functionality enables quick development wins for best possible trading experience for financial firms of all sizes; paves path to hyper-personalization of trading environments.

UK Banks Welcome Extra Time on Strong Customer Authentication Changes

4 years 11 months ago
Authentication Technology, Data, Risk Management

42% plan to use the extension to improve rollout plans, but poll reveals uncertainty still surrounds SCA regulation UK banks have welcomed the six-month extension to implement Strong Customer Authentication (SCA) for e-commerce transactions, with 42% planning to use the extra time to improve and enhance the sophistication of their SCA roll out plans, according to a poll conducted by LexisNexis® Risk Solutions, the global data and analytics...

Empowering and Upskilling MSMEs with financial literacy, PayNearby University Aims to Educate and Handhold its Retailers

4 years 11 months ago
Payments

Aims to create a thriving ecosystem for its retail partners by helping them utilize PayNearby’s platform extensively to earn more

Easy Algorithmic Trading For Hedge Funds

4 years 11 months ago
Trading Systems

Hedge fund managers come in many ways - Some make decisions with their gut and some with mathematical data. Either way, there are many succeeding at that. But you know, there’s a reason the most successful investors who have relied on their gut instinct are stars - it’s damn hard to do.

Financial Crime* Prevention Costs UK Financial Institutions an Average of £374K Every Year, According to New Research From the Global Legal Busines, DWF

4 years 11 months ago
Security, Compliance

The survey of 300 financial crime decision makers working in the financial services sector in the UK, also found that on average, organisations spent £53 annually on financial crime defence for each customer relationship they have. Moreover, they refused an average of £90,240.77 and exited an average of £90,869.52 worth of UK customer relationships for financial crime reasons during the last 12 months.

Zumo Launches £100K ‘Refer and Share’ Crypto Giveaway

4 years 11 months ago
Bitcoins, Cryptocurrencies

New referral programme rewards users and new customers with Bitcoin SV cryptocurrency Zumo, the Scottish crypto app, has announced the return of its popular Refer and Share programme designed to help people get comfortable with crypto. The first Refer and Share campaign launched in October 2020 and brought 20,000 new users into crypto through the Zumo app, offering a simple and low-barrier way for new participants to enter the crypto space.

Capco and AccessFintech Announce new Partnership to Accelerate Transformation in Financial Services

4 years 11 months ago
Management, Data, Consultancy

Partnership will drive delivery of AccessFintech’s data and workflow solution Capco, the global technology and management consultancy, and AccessFintech, the leading fintech company evolving the financial industry operating model through collaborative workflow, today announced a partnership that brings together AccessFintech’s data management and workflow solution with Capco’s proven delivery and engineering expertise in the financial services...