DriveWealth Fuels Revolut’s Major New Commission-Free Stock Trading Service with Technology and Brokerage Execution Services
- 6 years 7 months ago
- Trading Systems, Banking
DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced that its technology and brokerage execution services are fueling the major new commission-free stock trading service just introduced by fast-growing fintech Revolut. The DriveWealth platform is the engine for the new offering launched Aug. 1, giving Revolut’s more than 6 million customers throughout Europe the ability to invest in the U.S. equity market.
WSO2 Open Banking Release Helps Banks Speed PSD2 RTS Compliance
- 6 years 7 months ago
- Open Banking, Banking
Banks and financial institutions across the European Union (EU) and United Kingdom (UK) are sprinting to meet the EU’s Second Payment Services Directive (PSD2) Regulatory Technical Standards (RTS) deadline on September 14, 2019. With the newest release of WSO2 Open Banking, WSO2 adds significant new security features aimed at facilitating PSD2 RTS compliance:
Mambu positioned as a Challenger by Gartner in the 2019 Magic Quadrant for Global Retail Core Banking
- 6 years 7 months ago
- Banking, Core Banking, SaaS
Mambu, the leading SaaS banking engine, today announced it has been positioned by Garter, Inc in the Challengers quadrant of the 2019 Magic Quadrant for Global Retail Core Banking. The report states: “Core banking market demand keeps surging, underpinned by digital banking transformation, with an increased focus on commercial off-the-shelf packages, public cloud and open banking initiatives. Bank CIOs should evaluate core banking products in...
The prestigious London School of Economics goes live with TechnologyOne Financials as part of its transformation programme
- 6 years 7 months ago
- SaaS
The London School of Economics and Political Science (LSE) has implemented TechnologyOne’s enterprise Software as a Service (SaaS) solution, transforming its core financial processes ahead of the new academic year (2019/20). The go live with TechnologyOne’s Financials software this week is part of an ongoing transformational programme the university is undertaking to streamline, standardise and automate processes, and support a more mobile...
IDnow pushes for 100 million euro sales target with new CEO and CFO
- 6 years 7 months ago
- IaaS, Data
IDnow, a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers including N26, Commerzbank and UBS, brings two top managers to its Executive Board by appointing Andreas Bodczek as CEO and Joseph Lichtenberger as CFO. At the same time, all founders return to the operational business. The aim is to push ahead with the company’s expansion into other industries and new European markets, breaking through a...
Shaun Meadows joins 11:FS as Chairman
- 6 years 7 months ago
- People Moves
11:FS, the challenger firm defining and building digitally native financial services through technology, product and design expertise, today announced that Shaun Meadows has joined the firm as Chairman. In the newly created role, Shaun will work with the 11:FS Board to review company objectives, examine performance, and help shape future business activity and strategy.
Caspian Launches Crypto Pairs Trading Functionality; Paving the Way for Statistical Arbitrage and Relative Value-based Funds
- 6 years 7 months ago
- Trading Systems, Cryptocurrencies
Caspian, the full-stack crypto trading, portfolio and risk management platform, today announced the launch of its pairs trading functionality. The new capabilities are paving the way for funds looking to use statistical arbitrage and relative value-based strategies to grow their business – two strategies that have become popular in the crypto market.
IIG Bank goes live with Temenos in record time and offers enhanced cash management
- 6 years 7 months ago
- Transaction Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced that specialist trade finance bank, IIG Bank (Malta) Ltd. has successfully gone live with Temenos Infinity, the ground breaking digital front office product, and Temenos T24 Transact, the next generation in core banking. The bank also selected the Financial Crime Mitigation module, which is integrated within Temenos T24 Transact. The successful implementation of Temenos banking...
Company directors at risk of being sued over poor preparations for a bad Brexit
- 6 years 7 months ago
- Insurance
Mactavish, the leading expert on commercial insurance placement and disputes, is warning company directors they face a growing risk of being sued by investors, suppliers and other stakeholders, if their organisations are adversely affected by a bad Brexit and they are accused of not having prepared properly for this.
Oromia International Bank in Ethiopia Goes Live with ICSFS’ IFB and Conventional CBS
- 6 years 7 months ago
- Banking
Addis Ababa, Ethiopia: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, and Oromia International Bank S.C (OIB), one of the most profitable banks in Ethiopia 1 , announce the successful implementation and go-live of ICS BANKS Universal Banking and ICS BANKS Interest Free Banking (IFB)software suites, to provide OIB customers with conventional and interest free banking services...
DataRobot launches its First AI Investment Workflow with FactSet
- 6 years 7 months ago
- Artificial Intelligence, Data
FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, and DataRobot, the leader in enterprise AI, today announced the launch of DataRobot’s first AI investment workflow, DataRobot on FactSet.
Klarna announces $460M equity raise to further support massive US growth
- 6 years 7 months ago
- Transaction Banking, Payments
Klarna, the leading global disruptor of payments and banking, and provider of smoooth retail services, is pleased to announce it has raised $460 million in an equity funding round, at a post money valuation of $5.5 billion. This new valuation ranks Klarna as the largest private fintech in Europe and as one of the largest private fintechs globally.
Charities Trust Selects Appian for New Charity Portal to Distribute Over £100 Million in Donations per Annum
- 6 years 7 months ago
- Fund Management
Appian (NASDAQ: APPN) today announced that Charities Trust, a leading donations management organisation, is using the Appian Platform to accelerate delivery of transformational solutions for donations and charitable funds management. In support of its mission to “grow by giving,” Charities Trust has introduced new operational and customer service applications that leverage the development speed and enterprise power of Appian’s low-code business...
Blockchain Live Returns to London Olympia, 25th September 2019
- 6 years 7 months ago
- Blockchain
Taking blockchain mainstream, Blockchain Live is back and will be returning to London Olympia on 25th September as a festival of blockchain education. A one-day event, packed with engaging, thought-provoking and quality content, this year Blockchain Live will be moving away from the traditional exhibition model, into a ground-breaking festival of content and collaboration.
Connected Insurance Report: Industry Weighs in on Future of Technology in Insurance
- 6 years 7 months ago
- Infrastructure
To some, it is magic. To insurance, it is reality. The ability to accurately discern the past and predict the future based on nothing but data points and the long-lived experience of actuaries and adjusters has served the industry well up to now, allowing insurance to become the multi-billion-dollar industry it is today. The past few years, however, have witnessed in a dramatic shift to this picture, prompted by the advent of the Internet of...
