Cybertonica Raises $2 Million Series A
- 5 years 11 months ago
- Cybersecurity, FinTech StartUps
Cybertonica, an award-winning platform using Machine Learning and AI for delivering authentication, risk analytics and fraud prevention to the payments and FinTech sectors, has raised £2 million in Series A funding.
FCA Probes Sterling Spike Ahead of UK Interest Rate Decision
- 5 years 11 months ago
- RegTech, Banking
The Bank of England has referred to the UK markets watchdog a spike in sterling that happened just seconds before the central bank announced that it would leave its key interest rate unchanged. The Financial Conduct Authority, whose job it is to detect market abuse, is now scrutinising the matter, according to both the central bank and the watchdog.
Deutsche Bank Bosses In Line For €13m Bonus Despite Fifth Annual Loss
- 5 years 11 months ago
- Banking
Deutsche Bank bosses will still be taking home a bonus this year despite the bank slumping to a bigger than expected €5.7bn (£4.8bn) annual loss. The bank's management board are due to share a €13m "group level" bonus this year even though they surrendered roughly half their variable pay by not accepting individual rewards based on personal targets, sources said. The decision, first reported by Handelsblatt, came as the lender unveiled a...
Investors aged 28-37 years invest in long-term loans most often
- 5 years 11 months ago
- Investment Management
Analysts of the P2P platform Robo.cash have studied the profile of its users investing in long-term loans. Based on the platform’s statistics, they have revealed that most often, loans issued for a period of 12 months are chosen by investors aged 28-37 (41.9%).
MoneyNetint Reaches Enters Asia and Africa with TerraPay Hook Up
- 5 years 11 months ago
- Payments
MoneyNetint, a leading global payment solution provider, announced a strategic partnership agreement with TerraPay, a mobile-first international payment network, which will expand and enhance MoneyNetint’s reach into Asia and Africa.
Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year
- 5 years 11 months ago
- Trading Systems, Cryptocurrencies
Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.
Pleo Upgrades From Prepaid Cards To Credit Cards
- 5 years 11 months ago
- Credit Cards
Pleo is evolving – and perhaps the most important change is our new cards. We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better. But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card. So we made a couple of changes - some big, some small, all good for our users. The benefits of a new Pleo credit card The first thing to know is that we’re...
Unusual Ventures Leads $4M Seed Round For Kloud.io
- 5 years 11 months ago
- FinTech StartUps
Organizations have invested billions into collecting and extracting value from data, yet the IDC recently found that 73% of an organization’s time-to-insight is spent searching for and preparing data, while only 27% is spent on actual analysis.
Baton Systems Raises $4m For 'Blockchain-Inspired' Bank Payments Tech
- 5 years 11 months ago
- Blockchain
Baton Systems, a provider of "blockchain-inspired" bank-to-bank payments infrastructure for connecting multiple ledgers, has topped up its recent $12 million funding round with an extra $4 million from VC Illuminate Financial. Illuminate joins Trinity Ventures, Alsop Louie and Commerce Ventures, which all participated in a Series A round last year. Founded in 2016 as Ubixi, Baton is working to simplify the "remarkably archaic" payments process...
Citi Rolls Out Digital Investment Tool
- 5 years 11 months ago
- Wealth Management
Citi's consumer business has introduced a digital wealth investment tool for clients with as little as $1500 to invest.
Banca Comerciala Romana launched the instant payment service with support from Allevo
- 5 years 11 months ago
- Payments, Banking
Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service.
Nordea appoints Ian Smith as Group CFO
- 5 years 11 months ago
- People Moves
Ian Smith, Group Chief Financial Officer (CFO) of Virgin Money UK PLC, will join Nordea as Group CFO and Head of Group Finance. He will also become a member of the Group Leadership Team.
FIME boosts biometrics services with FIDO Alliance accreditation
- 5 years 11 months ago
- Financial
FIME has been accredited to test biometric components in line with FIDO Alliance’s Biometric Component Certification Program. The accreditation enables device manufacturers and solution providers to ensure the quality and performance of biometric authentication solutions including fingerprint, facial, voice, and iris recognition.
Klarna launches in Australia - Smoooth shopping available at any online retailer
- 5 years 11 months ago
- Payments
Klarna, the global payments and shopping provider, officially launches in Australia by introducing the Klarna Shopping app. The app which, starting today, will be available to download on iOS and Android, enables consumers to shop and pay with Klarna at any online retailer, bringing a unique consumer centric shopping experience to the Australian market.
Itiviti partners with AI innovator Imandra to integrate machine learning into client onboarding and testing tools
- 5 years 11 months ago
- Artificial Intelligence
Itiviti, a leading technology, and service provider to financial institutions worldwide, has signed an exclusive partnership agreement with Imandra Inc., the AI pioneer behind the Imandra automated reasoning engine. Imandra’s technology will initially be applied to improving the onboarding process for our clients to Itiviti’s Managed FIX global connectivity platform, with further plans to swiftly expand the AI capabilities across a...
