Making Tax Digital: Unaccountably expensive, but don’t be misled by publicised deadline
- 6 years 9 months ago
- Accounting, Infrastructure
Ahead of the introduction of Making Tax Digital (MTD) for VAT on 1 April Androulla Soteri, tax director at MHA MacIntyre Hudson, says MTD could be far too costly for small businesses and the only consolation is that the deadline is further away than you think.
Daniel Clayden joins BEQUANT as Head of Product Development
- 6 years 9 months ago
- Foreign Exchange
BEQUANT, the leading cryptocurrency exchange, announced today that it has hired Daniel Clayden as its new Head of Product Development. With 25 years’ experience in Capital Markets and Financial Services Technology, Daniel’s appointment will strengthen the company’s growing roster of products in the cryptocurrency market. Daniel has previously held roles at a number of Tier 1 Investment Banks, including J.P. Morgan and Credit Suisse. Before...
Commerzbank completes first Marco Polo pilot
- 6 years 9 months ago
- Banking
Commerzbank and Landesbank Baden-Württemberg (LBBW) have today announced that they have – for the first time – successfully executed the necessary data transfers to complete two commercial transactions via blockchain-based trade finance network Marco Polo.
Global Cryptocurrency Exchange IronX Announces Public Launch Following Successful $26M ICO
- 6 years 9 months ago
- Cryptocurrencies
The IronX Exchange is a joint venture between IronFX, the global multi-asset broker and EmurgoHK, the Cardano (ADA coin) creator. The Exchange has a full range of both crypto and fiat wallet funding options available.
InvestCloud announces Mark Trousdale as Chief Growth Officer
- 6 years 9 months ago
- People Moves
Global FinTech firm InvestCloud has announced Mark Trousdale as Chief Growth Officer. The appointment will see Trousdale lead InvestCloud’s growth in EMEA as the firm looks to capitalize on growth. Part of InvestCloud’s founding team, Trousdale has held various positions at the FinTech firm since joining in 2012, most recently as Chief Marketing Officer, based out of the firm’s San Francisco office. Prior to InvestCloud, Trousdale held...
Leading Brazilian healthcare company uses AI to forecast demand
- 6 years 9 months ago
- Artificial Intelligence
Grupo Fleury, one of Brazil’s largest diagnostic medicine companies, has created an automated demand planning management platform – the Fleury Forecaster – with the help of FICO® Xpress Insight. Using this platform, Group Fleury has slashed the time needed to create a sales forecast. Forecasts have also become more accurate and granular in detail, with the overall margin of error now less than 10 percent.
SigFig unveils digital advice platform for banks
- 6 years 9 months ago
- Banking, Infrastructure
SigFig, a financial technology company that is reimagining customer experiences in financial services, today announced the launch of SigFig Atlas, a financial advice and software-guided sales platform for banks and customers. The platform empowers banks to provide consistent, personalized financial advice and engage in high-quality customer conversations - improving customer satisfaction and loyalty.
ACI Worldwide and Western Union Announce Early Termination of HSR Waiting Period in Connection with Proposed Acquisition of Speedpay U.S. Domestic Bill Pay Business
- 6 years 9 months ago
- Payments, Banking
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, and The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to ACI’s previously announced acquisition of Speedpay...
Esme Loans to begin offering loans to sole traders
- 6 years 9 months ago
- P2P Lending
Digital lending platform Esme Loans, has today announced that it will now offer its loans to UK businesses operating as sole traders. Under its extended proposition, sole traders will be able to obtain loans from £25,500 - £150,000, for up to five years.
Klarna launches Open Banking Platform
- 6 years 9 months ago
- Payments, Banking
Today, Klarna, one of Europe’s leading payment providers and the global market leader in payment initiation services, announces the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna’s XS2A API is the most established and proven solution that has been developed at scale across markets for...
Thasos’ Flagship Real-Time Foot Traffic Product “ConsumerStreams” Now Available on the Open:FactSet™ Marketplace
- 6 years 9 months ago
- Data
Thasos, an alternative data intelligence firm that transforms location information from mobile phones worldwide into real-time, objective and actionable insights, today announced an agreement with FactSet, a global provider of integrated financial information, analytical applications and industry leading services, to offer geolocation data on
Kyriba Announces Planned $160M Growth Round Led by Bridgepoint
- 6 years 9 months ago
- Cloud
Kyriba, the global leader in cloud treasury and finance solutions, today announced that it is in advanced talks with Bridgepoint, an international private equity group focused on investing in market-le
Immotion releases World first “Swimming with Humpback Whales” VR experience
- 6 years 9 months ago
- Infrastructure
Immotion Group, the UK-based immersive virtual reality ("VR") 'Out of Home' entertainment business, is pleased to announce the release of its new live-action VR experience, Swimming with Humpbacks. This world-first experience provides a rare glimpse and insight into one of the most mysterious creatures on the planet, the giant Humpback whale. The breath-taking short film is exclusively available on Immotion’s VR Cinematic motion pods at the...
Twelve Regional Banks Invest in KY3P to Advance Best Practices for Managing Third-Party Risk
- 6 years 9 months ago
- Risk Management
A group of 12 leading regional and digital financial institutions have joined together as investors and members in KY3P®, a company dedicated to working with the financial industry to standardize best practices for managing third-party risk and optimizing the processes by which financial institutions assess and monitor inherent risk in engaging suppliers and entering into third-party relationships.
UK CFOs missing out on £6.7 billion each year by not taking advantage of early payment discounts
- 6 years 9 months ago
- Payments
New research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line. Faced with tighter margins and increased pressure to meet KPIs, businesses are turning to their accounts payable platforms to help them achieve their goals, with four in ten businesses (40 per cent) looking to upgrade their...
