State Street Strengthens Alternatives Business with Senior Appointment
- 5 years 4 months ago
- Investment
State Street Corporation (NYSE: STT) has announced that it has appointed Vincent Georgel-O’Reilly as regional segment head for alternatives in Europe, the Middle East and Africa (EMEA).
Payments Keep Going Digital: 2.7 Billion People to Use Mobile Wallet Apps by 2022
- 5 years 4 months ago
- Payments
Payvision, global omnichannel payment specialist, reports that by 2022 more than one billion people will use Apple Pay, Google Pay and Samsung Pay. Contactless payments are becoming a necessity, both for customers and businesses. Every week 11% of online shoppers worldwide buy via smartphone, and 34% of them claim making this their primary payment method. In its report commissioned by Payvision, Kaleido Intelligence foresees that 50% of the...
Zopa Closes £20m Internal Fundraise Following the Year 1 Success of Its Bank
- 5 years 4 months ago
- Fundraising News
Zopa has today announced that it has raised an additional £20m from existing investors. This represents a significant vote of confidence following the initial success of its bank launch and growth of its latest products. Only nine months on from gaining its full bank licence, neobank Zopa has successfully launched Fixed Term Savings accounts and an innovative credit card to UK consumers. These products are in addition to its award-winning ...
13.9 Million Canadians Currently at Risk of Digital Exclusion Due to Drop in Cash Use
- 5 years 4 months ago
- e-Payments, Security
At least 13.9 million Canadians could be at risk of being left vulnerable in society due to an inability to use digital payment methods, despite a drop in the use of cash, new data shows.
BTON Financial Appoints Former Bloomberg Trading Solutions CEO, Ray Tierney, as NED
- 5 years 4 months ago
- Investment Management, People Moves
BTON Financial, the independent, broker-neutral dealing desk technology for investment managers, has today announced the appointment of electronic trading expert, Ray Tierney, as Non-Executive Director. Ray will play a key role in shaping the direction of the company and expanding BTON Financial’s U.S. footprint and plans to bring its technology and data-driven dealing desk solution to the global investment management community en masse.
Objectway’s Survey Report Reveals Key Factors to Lead The ESG Race
- 5 years 4 months ago
- Management
Objectway, a leader in the Digital Wealth & Asset Management software, released the survey report “Are you ready for ESG?”, revealing a glimpse of the market on ESG investments, one of the greatest areas of change that wealth firms expect. A field that the crisis triggered by the pandemic has highlighted as playing a crucial role in economic recovery, in addition to the importance of establishing efficient risk management.
Tink Named a Leader by Independent Research Firm in Open Banking Vendor Evaluation
- 5 years 4 months ago
- Open Banking
Forrester’s open banking report is its first assessment of open banking Intermediaries – an evaluation of vendors on their ability to aggregate data, initiate payments and provide value-added services. Tink is proud and believes that their dedication to helping customers build the next generation of financial services has led to Forrester positioning Tink as a Leader in open banking.
Fintech EBANX Kicks Off Operations in Central America and Paraguay, Reaches 15 Countries
- 5 years 4 months ago
- Payments
EBANX, a fintech unicorn company specialized in payments for Latin America, has started its expansion throughout Central America, launching operations in Costa Rica and going live in El Salvador, Panama, Guatemala, and the Dominican Republic by the first half of 2021. The company is also growing its reach in South America, by adding operations in Paraguay. In this movement, EBANX reaches 15 countries in Latin America, in a push to expand its...
Community Bank selects Wolters Kluwer’s TSoftPlus technology offering
- 5 years 4 months ago
- Compliance
Community Bank, based in Joseph, Ore., has selected Wolters Kluwer Compliance Solutions’ Paycheck Protection Program Supported by TSoftPlus™ to help expedite Paycheck Protection Program (PPP) loan applications for its small bu
UBS Licenses Solactive Index for new China Technology ETF
- 5 years 4 months ago
- Data
Delta Capita Launches Industry Eading inSPire Due Diligence Service in Americas and Asia Pacific
- 5 years 4 months ago
- Management, Technical
Delta Capita is pleased to announce that inSPire Due Diligence, its mutualised industry service for ‘Know Your Distributor’ due diligence, has launched in both the Americas and Asia Pacific, to complement the existing service across Europe.
IndiaLends Кaises US$5.1M From Existing Investors ACP Partners and DSG Consumer Partners
- 5 years 4 months ago
- Lending, Platform Technology
Major digital lending platform IndiaLends has raised US$5.1 million in a financing led by existing investors ACP Partners and DSG Consumer Partners. The Delhi NCR based firm will use the funds to expand its technology platform, increase its market footprint and amplify its product offerings to meet the pent-up demand in a post-COVID economic recovery.
Landbay and Allica Bank Launch Five-Year Partnership with Funding to Support Expansion of BTL Portfolio
- 5 years 4 months ago
- Lending
Landbay, one of the UK’s leading mortgage lending platforms, has launched a new five-year funding partnership worth £200m of originations per annum. Landbay has partnered with Allica Bank to fund its buy-to-let mortgages over the next five years. Allica Bank, the leading challenger bank for established small and medium-sized enterprises (SMEs), will fund a range of residential buy-to-let mortgages originated by Landbay.
Cryptocurrency Payments Processing Service Mercuryo.io Automates Compliance Using Sumsub
- 5 years 4 months ago
- Payments, Cryptocurrencies
Mercuryo, a global cryptocurrency payments network, is teaming up with Sumsub, an identity verification platform that provides a unified solution for automating KYC/KYB/KYT processes. Sumsub is set to speed-up onboarding for up to 350,000 users in the Mercuryo ecosystem. In addition, Sumsub will be helping Mercuryo tackle compliance in an ever changing regulatory landscape.
New Payment Platform BOPP Launches, Giving Power Back to UK Businesses and Consumers
- 5 years 4 months ago
- Payments, Banking
Today marks the launch of BOPP, a brand-new payment platform that removes the need for cards, and uses Open Banking to facilitate immediate, secure payments directly from one bank account to another.
