TIBCO Software Named Leader in 2021 Gartner Magic Quadrant for Data Science and Machine Learning
- 5 years 5 months ago
- Data Management
Today, TIBCO Software announced it has been named a Leader in the Gartner 2021 Magic Quadrant for Data Science and Machine Learning Platforms for the third year in a row.
Signifyd Expands EMEA Team to Help Merchants Provide Customers With Seamless SCA Experiences
- 5 years 5 months ago
- E-Commerce
Signifyd, the market leader in ecommerce guaranteed fraud and consumer abuse protection, introduced an expanded team of veteran SCA experts today from the retail, banking and financial technology fields to serve as trusted advisors to merchan
LW Cole Selects Yooz to Bring Accounts Payable Automation into Sage Intacct
- 5 years 5 months ago
- SWIFT
LW Cole, a leading UK appliances distributor, has chosen Yooz, the most powerful cloud provider of purchase-to-pay (P2P) software, to scale their business by automating its Accounts Payable (AP) processes in the UK.
Kennet Partners and Goldman Sachs to Sell Nuxeo to Hyland Software
- 5 years 5 months ago
- M&A Deals
Kennet Partners Limited (“Kennet”), a leading European technology growth equity investor focused on bootstrapped and capital efficient companies, and Goldman Sachs Growth Equity ("Goldman Sachs"), a leading global growth equity investor, have entered into an agreement to sell co-owned portfolio company, Nuxeo, a content services platform and digital asset management (DAM) provider. Kennet and Goldman Sachs are expected to make a 5x return on...
Bitfinex Pay Lets Merchants Accept Payments in Crypto
- 5 years 5 months ago
- Payments, Cryptocurrencies
Bitfinex, a state-of-the-art digital token trading platform, has announced the launch of Bitfinex Pay, a payment technology providing online merchants with a means of receiving contactless and borderless digital token payments. Whether you are a crypto savvy yoga instructor, hobbyist jewelry maker or the owner of an e-commerce platform, Bitfinex Pay offers a means of seamlessly accepting crypto payments.
xpate Becomes a Principal Member of Mastercard
- 5 years 5 months ago
- Payments
xpate, the payments platform that prioritises simplicity, speed and user experience, has announced the start of a strategic partnership with Mastercard to further enhance its innovative payments services as a principal Mastercard participant. As a principal member, xpate will work directly with Mastercard to enhance its xpate Stacks platform, offer its innovative solution to new clients, bolster its merchant acquiring portfolio, and take...
PayPal Is The Largest Non-bank Lender With Over $54B In Total Assets
- 5 years 5 months ago
- Covid-19, Lending
Non-bank lenders have become a popular alternative to traditional banks when it comes to acquiring loans. According to data presented by TradingPlatforms.com, PayPal is the largest non-bank lender in the world with $54.27B in total assets.
PayPoint Helps Family Fund Business Services Meet Soaring Need for Cash Pay Outs During Pandemic
- 5 years 5 months ago
- Covid-19, Payments
Family Fund Business Services has met its ambition to deliver digital payment services to its local authority clients, with the help of PayPoint and its innovative cash voucher solution, Cash Out. Over £7.5 million of much needed cash was quickly and easily released to local authorities and their beneficiaries during 2020, as a result of the collaboration between the two organisations.
The Era of Non-Bankable Asset Management Starts Now, Finds Avaloq’s Latest Industry Report
- 5 years 5 months ago
- Asset Management
Despite non-bankable assets (nBAs) accounting for around one third of global private wealth, they often come with high entry barriers for investors. However, this is forecast to change significantly over the next few years as innovative technologies and solutions allow financial institutions to value, hold and issue nBAs in the form of tokenized assets, alongside traditional ones such as stocks and bonds.
Objectway Recognised by Celent Among the Leaders in Wealth Management Solutions in North America
- 5 years 5 months ago
- Cloud
Objectway, a leader in the Digital Wealth & Asset Management software, was mentioned as a distinguished vendor in the February report Front-to-Middle office Platforms: North American Wealth Management Edition 2021 by Celent.
Surecomp Marketplace Facilitates Fraud Prevention with Document Forgery Detection Partner Gradiant
- 5 years 5 months ago
- Banking
Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced the addition of document forgery detection solution Valida by Gradiant to its Marketplace platform. The latest fintech partner to join the company’s trade finance ecosystem platform is a key prevention tool in the fight against fraud.
Spectrum Markets Hits Two Million Trades
- 5 years 5 months ago
- Banking, Security
Spectrum Markets, the pan-European trading venue for securitised derivatives, announced it has now executed more than two million trades, representing a total volume of 585 million securitised derivatives traded. This major milestone comes less than 18 months after it first launched, with Spectrum’s 24/5 trading hours continuing to prove particularly popular.
EPA Releases New Insight to Explore How Fintech Can Tackle Financial Exclusion
- 5 years 5 months ago
- Payments
The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today published a new paper that shows the serious problem of financial exclusion in the UK and how innovation in Fintech can allow people to access affordable credit. This comes at a time when over 10 million adults in the UK cannot access affordable credit, often because of low credit scores or badly designed credit products.
Paysend Announces Global Partnership with Mastercard
- 5 years 5 months ago
- Payments
Global FinTech Paysend today announced a strategic partnership with Mastercard starting in the UK and EEA, which will be mutually beneficial as it will boost Paysend’s global reach and enhance both businesses’ customer base. Paysend is proud to be acknowledged a global partner for Mastercard in the definition of a new horizon for money transactions worldwide.
Razorpay Announces its Third and Largest ESOP Sale of $10 Mn for 750 Current, Former Employees, Irrespective of Ranks
- 5 years 5 months ago
- Payments
One of the recently crowned FinTech unicorns, Razorpay announced its third ESOP (Employee Stock Ownership Plan) Buyback program worth $10Mn (INR 73 Crore) for its 750 employees. All existing and former employees of Razorpay who hold vested stocks will be eligible to sell up to 33% of their vested ESOP shares. Sequoia Capital India and GIC, two of Razorpay’s key investors will be the buyers involved in this development.
