MarketInvoice Signs Deal with Germany's Varengold Bank
- 7 years 5 months ago
- Banking
Business finance company MarketInvoice has signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform. This will fund working capital solutions for businesses across the UK. Overall, sums advanced to UK businesses from institutional investors via MarketInvoice have increased more than 4-fold since 2014 from £27.8m to £116.3m in 2017. Cumulative funding from institutions stands at £296.2m which...
FactSet Digital Solutions Develops New Online Broker Offering for Banco Santander Totta
- 7 years 5 months ago
- Infrastructure
FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that FactSet Digital Solutions has developed a new online broker offering for Banco Santander Totta in Portugal. FactSet Digital Solutions provides digital investment solutions for retail banking, private banking, wealth management, online brokerage, advisory and the media based on flexible technology and...
eWise Introduces Free Trial of Categorisation-as-a-Service API for Developers
- 7 years 5 months ago
- Data
eWise, a leading international provider of financial data aggregation and data analytics APIs, is now giving free access to Categorisation-as-a-Service (CaaS) API, allowing early stage developers to quickly test their business solutions. eWise CaaS automatically categorises users’ financial transactions. It is available as a standalone API that can be integrated directly within the developer’s app or can be connected with eWise Aegis data...
Barings to Absorb External Research Costs Resulting from MiFID II Implementation
- 7 years 5 months ago
- Asset Management
Barings, one of the world's leading asset management firms with over $288 billion in assets under management, has announced that it will absorb external investment research costs when the latest expansion of the Markets in Financial Instruments Directive (MiFID) is implemented. This encompasses all of the firm's global equity, multi-asset and fixed-income portfolios impacted by MiFID II, scheduled to take effect on January 3, 2018.
Baker Hill Partners with BOLTS Technologies to Offer Streamlined Account Opening Option that Drives Profitability for Financial Institutions
- 7 years 5 months ago
- Data, Consultancy, Infrastructure
Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, has partnered with BOLTS Technologies to provide financial institutions with a fast, secure online account opening solution that improves the customer onboarding experience while driving profitability for the institution.
Synechron: Global Banks Look at Changing Model to Improve Customer Experience Through Digitization
- 7 years 5 months ago
- Consultancy, Infrastructure
Synechron, Inc, the global financial services consulting and technology services provider, in partnership with Efma, has today released a report revealing that C-suite banking executives largely believe that the future of the bank branch is bright, with the proper investment into digital transformation.
3Gtms Names Managing Director of EMEA
- 7 years 5 months ago
- People Moves
3Gtms, Inc., a global provider of Tier 1 transportation management software (TMS), announced that it has named Chris van der Harst to the new position of managing director, EMEA.
The Banking Industry is Coming Up Trumps When Meeting Consumer Expectations
- 7 years 5 months ago
- Banking
European consumers feel they have more power over businesses, and are increasingly willing to use it, research from Quadient – formerly GMC Software – has revealed. In a Lightspeed survey of 8,061 adults in the UK, France, Germany and the Netherlands, more than three quarters (76 percent) of respondents said they would switch from a business that doesn’t meet their customer experience expectations.
Hitachi Introduces Hitachi Vantara: A New Digital Company Committed to Solving the World's Toughest Business and Societal Challenges
- 7 years 5 months ago
- Data
Hitachi, Ltd. today launched Hitachi Vantara, a new business entity to leverage the broad portfolio of innovation, development and experience from across Hitachi Group companies to deliver data-driven solutions for commercial and industrial enterprises.
CallidusCloud Acquires Leading Multi-Model Database Technology
- 7 years 5 months ago
- Cloud
Callidus Software Inc., a global leader in cloud-based sales, marketing, learning, and customer experience solutions, announced today that it has acquired OrientDB Ltd., a leading provider of multi-model database technologies.
First Half 2017 Breach Level Index Report: Identity Theft and Poor Internal Security Practices Take a Toll
- 7 years 5 months ago
- Security
Gemalto, the world leader in digital security, today released the latest findings of the Breach Level Index, a global database of public data breaches, revealing 918 data breaches led to 1.9 billion data records being compromised worldwide in the first half of 2017. Compared to the last six months of 2016, the number of lost, stolen or compromised records increased by a staggering 164%.
Path Solutions Signs Sudan Financial Services Co. to iMAL
- 7 years 5 months ago
- Core Banking, Islamic Finance
Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced the signing of a licence agreement with Sudan Financial Services Company (“SFSC”), giving Path Solutions unrestricted access to deploy its iMAL Enterprise Islamic & Investment System across their business.
AccessPay and Assembly Payments Win Swift gpi Challenge
- 7 years 5 months ago
- Payments
SWIFT gives two FinTech startups the opportunity to work with the co-operative and gpi banks over a three-month period to further enhance cross-border payments, leveraging on SWIFT gpi. The two startups will receive up to 100,000 EUR each to further develop their innovative concepts and will participate in Sibos, SWIFT’s annual financial services event to be held in Toronto in October. The two winners of the SWIFT gpi industry challenge held...
Wealthsimple Launches in the UK
- 7 years 5 months ago
- Wealth Management
Wealthsimple, a leading digital wealth manager, continues to make smart investing accessible and low-cost to more people with today's announcement of the company's expansion to the United Kingdom.
Infortrend Collaborates with Alibaba Cloud to Cultivate the Hybrid Cloud Storage Market
- 7 years 5 months ago
- Cloud
Infortrend Technology, Inc. today announced that it will partner with Alibaba Cloud, the cloud computing arm of Alibaba Group, to collaboratively deliver scalable and easy to deploy hybrid cloud storage services to customers in the Great China region.