Thought Machine Raises $83m in Series B Funding
- 6 years 5 months ago
- Banking
Thought Machine raises $83m in series B funding to drive global growth and banking transformation mission. Thought Machine, the cloud native core banking technology firm, has raised $83 million to drive the next phase of its growth. The funding will strengthen Thought Machine’s mission to transform banking by deploying modern cloud-native systems and continue investment in its core engineering capability. The funding will also be used to drive...
MYHSM Payment HSM as a Service Provides Building Block for ACI Worldwide’s Cloud-Deployed Solutions
- 6 years 5 months ago
- Payments, Cloud
MYHSM announced today that its cloud-based Payment Hardware Security Module (HSM) service can now be added to ACI Worldwide's solutions as a building block of a comprehensive cloud payments strategy for acquirers, issuers, payment processors and banks.
Lloyd’s launches new cryptocurrency wallet insurance solution for Coincover
- 6 years 5 months ago
- Cryptocurrencies, Insurance
Lloyd’s has launched a new insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The first of its kind liability policy, with flexible limits from as little as £1,000, was created by Lloyd’s syndicate Atrium in conjunction with Coincover to protect against losses arising from the theft of cryptocurrency held in online, hot wallets.
Wirecard and Xolo offer seamless banking for freelancers on a global scale within the “gig economy”
- 6 years 5 months ago
- Banking
Wirecard, the global innovation leader for digital financial technology, is cooperating with Xolo, formerly LeapIN, the online platform for launching and running micro-businesses anywhere in the world, to offer fully digital seamless banking for entrepreneurs. The new partnership will enable Xolo, supported by Wirecard’s digital banking services, to revamp and enhance the banking and accounting aspect of its current platform.
Assetz Capital reveals minimum ISA rate needed to beat inflation
- 6 years 5 months ago
- Investment
ISA investors will need a minimum investment rate of return of 1.84% to beat inflation this ISA season, according to Assetz Capital’s indicative ISA calculator. The marketplace lender’s calculator projects how much tax investors can save when investing their ISA allowance, and whether their ISAs’ target returns are beating the current inflation rate of 1.8%.
Avaloq named Best Core Banking Platform in Asia
- 6 years 5 months ago
- Banking
Avaloq, the global fintech leader, has been chosen as the provider of the Best Core Banking Platform in the latest Asian Private Banker Technology Awards. The award is the first Avaloq has won in 2020 and follows a strong year of industry recognition in 2019.
Sidetrade plans £30 million investment in Artificial Intelligence
- 6 years 5 months ago
- Artificial Intelligence
Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, has announced the opening of its new Tech Hub in UK, with a projected investment of £30 million, and plans for 70 new tech jobs in the group.
Bitfinex & Tether CTO to reveal "The Story of Tether” during an industry-first keynote at the CryptoCompare Digital Asset Summi
- 6 years 5 months ago
- Cryptocurrencies, FinTech StartUps, IT Innovations, Infrastructure
Tether has fuelled the growth of digital assets since it was founded in 2014 and today accounts for over 75% of all Bitcoin trading volume. At London’s CryptoCompare Digital Asset Summit on the 10th of March, Paolo Ardoino, CTO of Bitfinex & Tether, will tell the story of Tether’s inception and success during an exclusive keynote dubbed "The Story of Tether".
UnionBank and Wirecard cooperate on digital banking services for corporate customers in the Philippines
- 6 years 5 months ago
- Banking
As part of its goal of enabling inclusive prosperity in the country, Union Bank of the Philippines (UnionBank) inked a partnership agreement with Germany-based financial services provider Wirecard to make banking services more convenient and efficient for corporate customers in the financial services ecosystem.
Wells Fargo Makes Strategic Investment in DadeSystems
- 6 years 5 months ago
- Investment
DadeSystems, a leading Fintech provider of integrated receivables solutions, announced today additional funding provided by Wells Fargo Strategic Capital as part of a Series D financing round.
GFT adds Security and Application Development specializations to Google Cloud technology accreditation
- 6 years 5 months ago
- Cloud, Security
Lycamobile dials into unified financial management with Infor
- 6 years 5 months ago
- Cloud
Infor, a global leader in business cloud software specialised by industry, today announced that Lycamobile, the world’s largest international mobile virtual network operator (MVNO), has invested in Infor SunSystems.
bitFlyer launches EU Affiliates program
- 6 years 5 months ago
- Blockchain, Cryptocurrencies
Cryptocurrency exchange bitFlyer has announced the launch of its Affiliates program across Europe, allowing users to generate additional revenue by promoting the bitFlyer platform across owned blogs, websites and social channels.
Banking Circle secures Banking Licence
- 6 years 5 months ago
- Payments
Banking Circle, which has made a name for itself over the last 4 years as a financial utility, has received its Banking Licence from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
PPRO announces partnership with UnionPay, gives EU merchants access to millions of Chinese shoppers
- 6 years 5 months ago
- Payments
Leading local payments platform PPRO is pleased to announce it has become a direct acquirer for UnionPay International, the world’s largest card scheme in terms of card issuance.
