Onguard Survey Reveals Almost two-thirds of CFOs Expect Digital Transformation to Impact Employment
- 7 years 3 weeks ago
- Digital Identity
The majority of CFOs (65%) expect digital transformation to significantly reduce the number of jobs in the financial services industry, according to the results of the 2019 FinTech Barometer, an annual survey conducted by order-to-cash specialist Onguard. CFOs are also concerned about their own job security. In fact, 38% of them believe their job will no longer exist in its current form ten years from now.
DriveWealth Partners with Sigma Securities and Trove Technologies to Launch First Digital U.S. Equities Trading Product in Nigeria
- 7 years 3 weeks ago
- Digital Identity, Trading Systems
DriveWealth, LLC, a U.S.
NatWest Completes Market’s First SONIA Loan for National Express
- 7 years 3 weeks ago
- Banking
Following the announcement on 17 June that NatWest is to offer the market’s first SONIA (Sterling Overnight Index Average) loans, the bank has today announced it has delivered the first SONIA loan for its corporate customer, National Express Group PLC.
Ingenious has Led an Investment Round into Over-C Limited
- 7 years 3 weeks ago
- Investment, Investment Management
Ingenious today announces that it has led an investment round into Over-C Limited, a London-based analytics company focused on operational performance in the workforce management market. Ingenious helped raise an additional £5.5 million in equity funding, bringing the total raised to £10 million.
Signicat Announced the Acquisition of Idfy
- 7 years 3 weeks ago
- Digital Identity
Signicat, a leader in verified digital identity solutions, has today announced the acquisition of Idfy, a fast-growing provider of secure identification and electronic signature solutions. Founded in Bergen, Norway in 2012, Idfy is today one of the fastest growing players within digital trust services in the Nordics. The deal will see Signicat acquire 100% of the shares in Idfy, with a substantial reinvestment in the combined entity by active...
SmartPay and OpenWay Target Market Potential 25M Consumers and 6M SMEs with their Financial Inclusion Wallet in Vietnam
- 7 years 3 weeks ago
- Digital Identity, Payments
Fintech startup SmartPay has launched a financial inclusion wallet in Vietnam. It targets 25 million consumers and 6 million small and medium merchants. User onboarding is fast and easy – after downloading the SmartPay app and completing your KYC, you can become fully enrolled and able to make your first transaction in a matter of minutes.
User Security and Privacy Report Finds Vulnerabilities in Web Trackers and the Rise in Cross-border Data Transfers and Access to User Login Credentials
- 7 years 3 weeks ago
- Security
User-side security monitoring system Feroot today released its 2019 User Security and Privacy Report examining the hidden behaviors of external third- and fourth-party tools on the user-side for websites and web apps. Of the 13 different industries and government agency websites worldwide reviewed, the report found that:
Banks Re-Think Approach as Small and Medium Size Businesses Continue to Power UK Economy
- 7 years 3 weeks ago
- Banking
GDP grows by 0.5 per cent in the first quarter of 2019, according to the Office for National Statistics quarterly national accounts out today. The largest contributors to this increase are the 5.7 million small businesses in the UK today – making up 99 per cent of businesses in the UK economy. SMEs continue to be the main driving force behind employment and innovation – providing 16.3 million jobs in 2018 alone, 60 per cent of all private sector...
Finastra Appathon Challenges Fintechs and Developers to Deliver New Solutions for Community Banks and Credit Unions
- 7 years 3 weeks ago
- Digital Identity, Payments
Finastra has issued a challenge to Fintechs and developers with its first ever public appathon, inviting anyone with a good idea to build an application that solves a common pain point for North American community banks and credit unions, using its
Demand for Online Loans in Southeast Asia is Growing Steadily
- 7 years 3 weeks ago
- Investment, P2P Lending
This is evidenced by the results of the study conducted by Robocash Group with the help of services for search query analytics. The study inсluded Indonesia, the Philippines and Vietnam where the growth of fintech services is the most active now. Thus, in January 2017, the number of requests of online loans there amounted to 880, in January 2018 - to 8,100 and in January 2019 - to 18,100.
EMVCo to Host EMV® Secure Remote Commerce Education Session
- 7 years 3 weeks ago
- Payments
EMVCo is to deliver an EMV® Secure Remote Commerce (SRC) education session in partnership with the U.S. Payment Forum on Thursday 18 July, 14:15-17:00 at the Atlanta Airport Marriott, USA. The session is open to all interested parties without charge and is the first public event EMVCo has held since it released the EMV® SRC Specifications earlier this month.
Nets and Giro Deliver Instant Payment Platform in Hungary
- 7 years 3 weeks ago
- Payments
GIRO Zrt. and Nets A/S announces that they have delivered Nets’ well-proven instant payments platform – RealTime24/7 – in Hungary. The platform is now open for the Hungarian banks to test services. The delivery of the platform is the outcome of a close and successful partnership between the parties, which means that the instant payments platform was delivered on time in accordance with the originally agreed plan. “We are happy to say that we...
Insurtech Specialist UnderCover Changes Name to Thewave and Becomes B-Hive Associate Partner
- 7 years 3 weeks ago
- Digital Identity, Non-Financials, Insurance
Leuven-based insurtech start-up UnderCover extends its scope and changes its name to thewave. With its new name comes a new mission: thewave will combine its profound expertise in insurance with a deep understanding of emerging technologies. The goal is to invent, build and integrate tailored digital solutions for the insurance sector. “Thewave does not aim to disrupt the insurance sector, it wants to help it stand strong against disruption,”...
Avaloq appoints new Country Head for Switzerland and Liechtenstein as well as new Global Head of Sales
- 7 years 3 weeks ago
- Digital Identity, Cloud, SaaS
Mathias Schütz is to take over as Avaloq’s Country Head for Switzerland and the Principality of Liechtenstein from mid-August. He will also become CEO of Avaloq Sourcing (Switzerland & Liechtenstein) AG, the Swiss service centre for the Avaloq Group. In addition, Marc Stähli will join Avaloq on 1 July as its new Global Head of Sales.
Scality RING8 Breaks Silos, Enabling Agility in Large-Scale Hybrid Cloud Environments with Intelligent Data Storage and Orchestration
- 7 years 3 weeks ago
- Cloud
Scality™, leader in software solutions for global data orchestration and distributed file and object storage, today announced RING8 software-defined solution for large-scale on-premises storage of unstructured data. The latest generation of Scality’s flagship product brings business agility, resiliency and efficiency to organisations facing data storage and orchestration challenges at petabyte-scale and beyond, across multiple clouds, and core-...
