TrueFX announces First Trades Completed on Platform
- 5 years 10 months ago
- Trading Systems
TrueFX, a purpose-built OTC market designed for the buy-side, has today announced it executed the first set of disclosed trades between counterparties on its network. The first trades were executed by FXCM, AxiCorp, Velocity Trade and leading electronic market makers.
Funding Options uses Open Banking to reduce business loan decision times
- 5 years 10 months ago
- Open Banking
Funding Options, the marketplace for business finance, is now using Open Banking to make it quicker and easier for businesses to access finance. Businesses applying for finance will see their application time reduced from days and hours, to just minutes as they will no longer need to source original bank statements. Around 20 lenders have agreed to consume the Open Banking data as part of their analysis for credit decisions. These include Just...
The impact of COVID-19 on the personal loan market
- 5 years 10 months ago
- Covid-19, Lending
As a global fintech that operates in the UK, US, Australia and Poland, we're witnessing first-hand the effects that the global shutdown is having on personal lending around the world. The COVID-19 crisis is having a severe impact on the consumer credit market in almost all of the territories in which we operate. In the UK and the US particularly, we're seeing two key themes play out since the outbreak of the virus; a significant reduction in the...
Red Hat Names Paul Cormier President and Chief Executive Officer
- 5 years 11 months ago
- People Moves
Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has named Paul Cormier as president and chief executive officer of Red Hat, effective today. Cormier, who previously served as Red Hat’s president of Products and Technologies, succeeds Jim Whitehurst, who is now president of IBM.
Temenos Wins Google Cloud Technology Partner of the Year Award for Financial Services
- 5 years 11 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced it has been recognized by Google Cloud as its Technology Partner of the Year in Financial Services. This prestigious award recognizes Temenos’ commitment to innovation in helping financial services organizations run mission-critical banking software and applications on Google Cloud, create profitable business models, and differentiate customer experiences.
Fintech Curve launches numberless cards for investors
- 5 years 11 months ago
- Crowdfunding
Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has become one of the first companies in Europe to provision numberless cards. Investors from Curve’s record breaking crowdfunding round will be amongst the first in Europe to benefit from the innovative technology when they receive their card in the coming weeks.
Saga's SGA token added to Celsius Network's interest-earning wallet
- 5 years 11 months ago
- E-Wallets
Saga Monetary Technologies (Saga) today announced that its SGA token - the first global, stabilised, digital currency controlled by its holders - has been listed on Celsius Network, a cryptocurrency interest income platform.
Africa and Gulf Bank selects Path Solutions for strategic Islamic core banking implementation
- 5 years 11 months ago
- Core Banking, Islamic Finance
In line with its new vision to fuel innovation, Africa and Gulf Bank (“AGB”) in Sudan has signed an agreement with Path Solutions, the software specialist for the Islamic financial services industry, in which Path will provide the front-to-back iMAL suite for retail, commercial and corporate banking to be implemented as AGB’s new core banking and channels platform.
Eventus Systems rapidly expands market coverage, now actively surveilling 100+ venues globally
- 5 years 11 months ago
- Risk Management
Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced that its Validus platform is now actively surveilling activity for clients on more than 100 exchanges and trading venues around the world. The global coverage spans a diverse range of asset classes, with 10 new markets – eight of them European – added in the first quarter alone.
PSL achieves £60billion of assets under management on the Phoebus servicing solution
- 5 years 11 months ago
- Financial
Following the sustained growth of Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £60 billion.
Yapily raises $13m in Series A funding to drive the global open finance revolution
- 5 years 11 months ago
- Open Banking
Leading enterprise connectivity platform Yapily has today announced that it has raised $13m in a Series A funding round. The fintech will use the investment to drive open banking adoption by organisations across Europe; providing a strong, secure and powerful connectivity layer that enriches customer experiences and creates financial opportunity. The investment was led by Lakestar, an early investor in Skype, Spotify, Airbnb and Facebook as well...
Cryptomathic chosen by Eurocert for Remote Qualified Electronic Signatures
- 5 years 11 months ago
- Platform Technology
Remote electronic signature specialist, Cryptomathic, today announces that its popular e-signature platform, Signer, has been chosen by leading Polish digital trust services provider, Eurocert, to extend its capabilities in remote qualified electronic signature (QES) services.
nexo standards Welcomes Twelve New Companies to Global Membership
- 5 years 11 months ago
- Payments
nexo standards, the international association enabling global interoperability in payment acceptance, has welcomed twelve new companies to its membership, bringing the total number of members up to 89.
Kickstart opens for applications for a new cohort of later-stage tech startups
- 5 years 11 months ago
- FinTech StartUps, IT Innovations
Kickstart, one of Europe’s largest innovation platforms, is welcoming applications for the fifth iteration of its annual B2B scale-up programme aimed at late-stage start-ups interested in entering the Swiss market. Around 100 entrepreneurs will join the three-month programme in September to connect and create specific pilots and commercial projects with one of Kickstart’s 50 corporate and public sector partners, which include businesses like...
