UK Fintech Kantox Closes €5 million Venture Debt Financing Agreement with Silicon Valley Bank
- 6 years 11 months ago
- Foreign Exchange
Kantox, a leader in FX management solutions for businesses, has just closed its second venture debt financing deal with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses, enterprises and their investors. The €5 million loan package is the second deal agreed between Kantox and SVB, with the first announced in December 2017. The new financing agreement underscores the appeal of Kantox’s growth story and SVB’s track...
Econocom UK & IRL Appoints Keith Richardson as Director of Corporate Relationships
- 6 years 11 months ago
- People Moves
Econocom UK & IRL, a leading provider of digital transformation solutions, has appointed Keith Richardson as its new Director of Corporate Relationships. The appointment is part of the company’s ongoing commitment to the UK and follows an eight per cent year-on-year revenue growth for the Econocom Group.
FIS's 2019 Survey Shows that UK Consumers Make the Switch to Direct and Mobile Banking
- 6 years 11 months ago
- Mobile Banking
Appetite for digital banking among UK consumers has grown emphatically in the past year, according to the latest research from global financial services technology leader FIS™ (NYSE: FIS).
Avaloq Reveals avaloq.one Collaborative Platform
- 6 years 11 months ago
- Infrastructure
Global fintech leader Avaloq today announces the launch of avaloq.one, a new, intuitive and collaborative platform to help the financial services industry in their efforts working more effectively with fintechs. avaloq.one aims to seamlessly connect leading fintechs and their solutions, to Avaloq’s global financial clients.
European Third-Party Provider Association established
- 6 years 11 months ago
- Open Banking
PPRO Group, with its co-founders, is pleased to announce the set-up of the European Third-Party Provider Association (ETPPA), a new entity that strengthens Third Party Providers’ (TPP) interests around the second Payment Services Directive (PSD2). The ETPPA formalises the existing Future of European Fintech (FoEF) coalition into an official non-profit TPP trade association.
ieDigital shortlisted for open banking and rebranding awards
- 6 years 11 months ago
- Banking
ieDigital was today shortlisted in two categories at the Credit Awards 2019. The categories are ‘Excellence in open banking’ and ‘Best rebrand’. The winners will be announced by host Jimmy Carr on 16 May at London’s Grosvenor House Hotel. The Credit Awards, organised by Credit Strategy and sponsored by Experian, is the flagship event for the UK’s credit industry. The awards recognise and reward individuals, teams and organisations in UK risk,...
Accuity Launches AI-Powered Financial Crime Compliance Screening to Detect and Prioritise Highest Risk Individuals
- 6 years 11 months ago
- Artificial Intelligence, Fraud Detection, Compliance, Security
Accuity, the leading provider of financial crime compliance, payments, and Know Your Customer (KYC) solutions, has announced its AI-driven account screening capability, ‘Firco Automated Alert Reduction’, which increases the level of accuracy in detecting and evaluating screening matches during the KYC process.
Rabo eBusiness wins the Celent Model Bank Award for Identity Management
- 6 years 11 months ago
- Digital Identity, Banking
Rabo eBusiness - the world’s first bank-led Digital Identity Service Provider - a partnership between Rabobank, a financial institution, and Signicat, a leader in verified digital identity solutions has been recognised by Celent as the winner of the Model Bank award for Identity Management.
Refinitiv connects global financial community with real-time coverage of West Africa’s BRVM Exchange
- 6 years 11 months ago
- Data
Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has introduced real-time coverage for the BRVM (Bourse Régionale des Valeurs Mobilières) for equity and fixed income markets.
Future Proofing Cybersecurity - Securing Against an Arsenal of New Technology
- 6 years 11 months ago
- Security
Artificial intelligence (AI), machine learning, quantum computing and blockchain all have the potential to drive significant disruption in the next few years.
Home Finance Fintech Youtility Announces Major Developments
- 6 years 11 months ago
- FinTech StartUps, Infrastructure
Home finance fintech platform, Youtility, has been selected as one of four providers to participate in the Citizens Advice product testing programme. The project will see the clients of four Citizens Advice Bureaus (Bassetlaw, Hammersmith and Fulham, Cardiff, and Vale and East End) trial digital tools designed to help users budget, while testing the providers’ switching services for better home finance deals. The programme, designed to test...
97% of Gemalto shares have been tendered to the Thales offer
- 6 years 11 months ago
- M&A Deals
Following the Post-Closing Acceptance Period, which ended yesterday, approximately 97.02% of Gemalto shares have now been tendered to the Thales offer Settlement of Shares tendered during the Post-Closing Acceptance Period will take place on 18 April 2019 Thales will initiate the statutory buy-out proceedings as soon as possible in order to obtain 100% of the Shares Thales and Gemalto will ask Euronext to delist the Gemalto Shares shortly after...
Klarna Launches Financial Management Content Hub to Support Consumers
- 6 years 11 months ago
- Payments, Banking, Infrastructure
Over half (52%) of 18-27 year olds feel they’re more financially savvy than their generation is perceived to be – with 65% planning their finances and making provisions to save for the future, according to new research from leading payments provider Klarna.
UK travellers set to soar over Easter weekend, with all-inclusive and DIY bargain breaks on the rise
- 6 years 11 months ago
- Payments
Worldpay, Inc. (NYSE: WP; LSE: WPY), a global leader in payments, is predicting a rise in online bookings for airlines and travel agents in the UK in the build-up to this year’s Easter holiday period.
FICO Survey: 3 in 4 APAC Banks Believe Fraud Will Increase in 2019
- 6 years 11 months ago
- Banking, Security
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are transactions completed when neither the card nor the cardholder is physically present (card-not-present or CNP fraud), as well as cards taken out by criminals under false identities (application fraud). These were identified as the two key concerns, as well as the biggest fraud...
