FinTech phos raises €1.3M to expand its revolutionary software PoS in Europe as cash usage declines rapidly
- 6 years 1 month ago
- Payments, FinTech StartUps
Phos, the fintech that created the first-ever software PoS which allows merchants to accept payments directly on their phones, today announced that it has closed a fundraising round of €1.3M. The round was led by New Vision 3 and also saw new angel investment in the business. The new funding sees the total amount raised by the business increase to €2.5M, enabling phos to grow its development team to introduce new features like PIN on Phone, its...
State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
- 6 years 1 month ago
- Covid-19, Investment Management, Risk Management
State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.
The Answer is Multiple Choice
- 6 years 1 month ago
- Insurance
A truly innovative claims process puts customers first. Technology is an important enabler for innovative claims but understanding how, when, why and where the customer wants human interaction and having the skills to deliver it is often the critical last mile.
Acumennet ready to support LIBOR discontinuation with new modules
- 6 years 1 month ago
- Wealth Management, Compliance
Profile Software, an international financial solutions provider announced today, that Login’s Acumennet Treasury Management platform already accommodates the orderly transition away from LIBOR that is about to affect Treasury departments by 2021. Through continuous investments in designing innovative solutions, Profile and Login have been proactive to accommodate the upcoming change by enriching Acumennet with the functionality necessary for...
Ebury to launch Coronavirus Lending Facility to support UK and European SMEs
- 6 years 1 month ago
- Lending
Ebury, one of Europe’s largest FinTech companies, is launching an initiative to offer financing to SME’s in the UK and Europe. An initial £40m lending facility to help UK SMEs manage their working capital during the Coronavirus crisis is available now and Ebury aims to expand this program into the hundreds of millions in collaboration with Governments in the UK and Europe.
UNDP and Hackster.io partner to launch a global innovation challenge to tackle COVID-19
- 6 years 1 month ago
- Covid-19
The fight against COVID-19 is at a crucial tipping point, so the United Nations Development Programme (UNDP) and Hackster.io, an Avnet company and the largest online open-source technology hardware community, are taking action. The two organizations have partnered to launch the COVID-19 Detect and Protect Challenge to create open-source technology that developing countries can leverage in the fight against this global pandemic.
Pega Announces Small Business Lending Reference App To Help Banks Speed Processing of COVID-19 Emergency Loans
- 6 years 1 month ago
- Lending
Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today announced the launch of a Crisis Small Business Lending reference application which helps financial institutions manage the thousands of emergency loan applications pouring
Cassini Systems Partners with AcadiaSoft to Help Clients Manage Initial Margin Requirements
- 6 years 1 month ago
- Trading Systems, Derivatives and OTC Derivatives
Cassini Systems, the leading provider of pre- and post-trade margin analytics for derivatives market participants, announced today a new initial margin (IM) partnership with AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community.
VALK partners with Koine to enable payment and cash custody on Corda for investment banks, asset and fund managers
- 6 years 1 month ago
- Payments
VALK is pleased to announce a partnership with Koine, who provides a post-trade solution for digital assets and fiat that integrates with the blockchain software R3’s Corda technology to provide custody and settlement services on the VALK platform.
Financial Services Firms Spend $180.9 Billion on Financial Crime Compliance, According to LexisNexis Risk Solutions Global Study
- 6 years 1 month ago
- Security and Compliance, Risk Management
Today, LexisNexis® Risk Solutions released its True Cost of Financial Crime Compliance Global Report, which provides global industry-driven insights for financial services firms across the Asia Pacific (APAC) region, Europe, the Middle East and Africa (EMEA), Latin America (LATAM) (including Mexico) and the U.S. and Canada. The report reveals that the projected total cost of financial crime compliance in these markets amounts to $180.9 billion.
Digital Signatures: A Critical Tool to Keep Business Moving in Challenging Times
- 6 years 1 month ago
- Covid-19, Security
GMO GlobalSign www.globalsign.com, a global Certificate Authority (CA) and leading provider of identity and security solutions for the Internet of Things (IoT), today announced steps to help companies conduct business securely while working remotely during the Coronavirus pandemic.
IDnow notices changes in customer behaviour since Coronavirus (COVID-19) restrictions
- 6 years 1 month ago
- Covid-19
IDnow, a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers, publishes statistics on the changed customer habits since Europe has experienced restrictions on everyday life due to the coronavirus (COVID-19). As part of the Corona Pandemic, many service providers have experienced significant changes in customer demand and behaviour. As a provider of an Identity Verification-as-a-Service platform, IDnow...
Investment Priorities of African Banks and Merchants Revealed in 2020 Digital Payments Survey
- 6 years 1 month ago
- Payments, Banking
OpenWay, a global vendor of digital payment software, partnered with technology analyst house Ovum (now Omdia) to conduct the 2020 Digital Payments in Africa survey. Key retail banks and merchants in East, West and Southern Africa took part to provide a glimpse into the retail payment landscape of Sub-Saharan African region.
EPA publishes new guidance on digital identification and authentication to help tackle financial crime
- 6 years 1 month ago
- Digital Identity, Payments
The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing payments companies, has today published new guidance on digital identification and authentication to help combat financial crime.
Kompli-Global unveils the most comprehensive remote corporate onboarding platform to take the fight to fraudsters and money launderers
- 6 years 1 month ago
- RegTech
Kompli-Global, the leading RegTech AML specialist, is taking the fight to fraudsters and money launderers, as it today unveils Kompli-QED, the most comprehensive remote corporate onboarding platform.
