Wipro Joins Hyperledger
- 7 years 5 months ago
- Blockchain
Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments. Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain...
Hong Kong FinTech Startup TNG Raises US$115M to Invest in Blockchain, AI Chatbots and More
- 7 years 5 months ago
- Payments
Hong Kong fintech startup TNG has raised US$115 million in Series A round led by New Margin Capital, a major Chinese private equity fund which has invested over US$1.7 billion in more than 160 companies, with 40 IPO exits. Participating investors include Taiwan-based venture studio Nogle Group, and Infinity-KBR Group. The whopping tranche of financing has put TNG at a valuation of US$565 million, according to an official press release.
SETL and four asset management firms launch IZNES
- 7 years 5 months ago
- Blockchain, Asset Management, Fund Management
SETL and four asset management firms announced today the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology. The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes, handle subscription / redemption instructions, and settle...
SocGen Launches Mobile Wallet for African Unbanked
- 7 years 5 months ago
- Banking
YUP is a mobile money solution for accessing a full range of transactional and financial services even without a bank account.
Vistra to Acquire Corporate Services Business from Deutsche Bank
- 7 years 5 months ago
- Banking
Vistra, a leading global corporate service provider, announced today that it has entered into a definitive agreement to acquire the Corporate Services business of Deutsche Bank’s Global Transaction Banking division.
TMF Group Appoints Larry Harding as President Consultancy Solutions
- 7 years 5 months ago
- People Moves
TMF Group, a leading provider of high value business services to clients operating and investing globally, today announced the appointment of Larry Harding as President of its Consultancy Solutions. The new advisory operation will add to TMF Group’s suite of established services by providing clients with on-call experts who are equipped to help them deal with the ongoing challenges and opportunities that arise as they launch, manage and expand...
IZettle Unveils Invoice Service in the UK
- 7 years 5 months ago
- Payments
iZettle empowers small businesses to grow, helping them accept card and cash payments and manage their business operations, in addition to providing services such as small business funding. Starting today, small businesses across the U.K. can also issue invoices through the iZettle app to help manage their cash flow.
More than half of the UK public expect to abandon cash in next two years, according to new global research report
- 7 years 5 months ago
- Payments
More than half (55 per cent) of UK consumers expect to abandon using cash for shopping in the next two years, according to new research, conducted by Paysafe, a leading global payments provider. The report, called Lost in Transaction, uncovered the rapid move towards a cash-free economy with a third (34 per cent) of Britons only visiting an ATM once a month or less, and one in six saying they rarely carry cash at all, with that figure rising to...
TrueCommerce Acquires Datalliance
- 7 years 5 months ago
- M&A Deals
TrueCommerce, a global provider of trading partner connectivity and integration solutions, announced today that it has acquired Datalliance, the world's largest provider of technology and services to support collaborative replenishment programs such as vendor managed inventory (VMI) and related business needs.
Global Corporate Banking Revenue Growth Poised to Double by 2020, say Celent and Finastra
- 7 years 5 months ago
- Banking
A new report from Celent forecasts that global corporate banking revenue is set to grow 4 percent from 2016 to 2020, a doubling of the growth rate recorded between 2010 and 2016. The report highlights that transaction banking and commercial lending represent a $915Bn revenue opportunity through 2020, and high-performing banks have an opportunity to grab an outsized share of the corporate banking wallet. In addition, the report predicts that...
ITRS announce Strategic Partnership to Launch the ITRS Insights Capacity Planner
- 7 years 5 months ago
- Data, Infrastructure
ITRS has been well-known in the financial world for its infrastructure and applications monitoring tool Geneos for over 20 years. But with continued developments in capacity management, the firm has diversified its technology. Thanks to a strategic partnership with Sumerian, ITRS can now offer state-of-the-art time series forecasting in the form of ITRS Insights Capacity Planner. The application deals with data - taken from both Geneos and other...
Startupbootcamp InsurTech on Worldwide Search for the Next Startup to Take Insurance Industry by Storm
- 7 years 5 months ago
- Insurance
Startupbootcamp InsurTech, the leading accelerator focused on insurance technology startups and corporate innovation, is on the search for the next InsurTech startups to take the industry by storm.
Leading Point Financial Markets Acquires LMMC to Strengthen its Insurance Services Offering
- 7 years 5 months ago
- Consultancy
Leading Point Financial Markets, a specialist financial services business consultancy, has acquired LMMC, a data and transformation insights consultancy, focused on the insurance market, for an undisclosed sum.
Xero and Santander Team Up for SME Banking Service
- 7 years 5 months ago
- Banking
Today, Xero, the UK’s leading online accounting software, and Santander, announce an integrated service for SMEs. The service will provide a secure and simple solution for customers that delivers their financial data directly from their bank account into Xero free of charge. Launching in the coming weeks, small business owners will receive the benefit of their accounting software and bank accounts communicating with each other through...
Saxo Bank joins Copenhagen Fintech Lab
- 7 years 5 months ago
- Banking, Infrastructure
In September Saxo Bank celebrates it 25 year anniversary and boosts its journey from an early online trading pioneer to a leading facilitator of global capital market access by becoming sponsor of Copenhagen Fintech Lab.
