Sporadic Savers: British Saving Habits Revealed
- 7 years 2 months ago
- Infrastructure
To mark the start of British Savings Week, new research from MoneySuperMarket, the UK’s leading comparison site, today maps the nation’s attitudes towards saving money and uncovers the regional saving hotspots.
Compass Plus Announces Global Expansion of Processing Business
- 7 years 2 months ago
- Payments, Banking
Compass Plus, an international provider of electronic payments and retail banking software to processors and financial institutions, has announced the global expansion of its processing business with its fully compliant, Mastercard and Visa certified UK-based processing centre.
NatWest to pilot UK’s first intelligent cash management system with automated account crediting
- 7 years 2 months ago
- Cash management
NatWest and G4S are working together to pilot the UK’s first intelligent cash management solution for businesses later this year. This innovative and secure cash solution enables businesses to benefit from automated account crediting of its cash transactions without having to deposit that day’s takings in their local branch.
Western Union and Techstars to Drive Payments Innovation
- 7 years 2 months ago
- Payments, IT Innovations
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, a worldwide network that helps entrepreneurs succeed, have come together to spur the next generation of disruption in the fintech sector with a focus on payments and seamless global money transfer. Over the next three years, Western Union will work with Techstars to run a mentorship-driven accelerator program and provide seed funding for...
Barclays Announces Two Senior Transaction Banking Hires
- 7 years 2 months ago
- Banking, People Moves
Barclays has hired James Binns and Robin Terry into senior roles in its Transaction Banking business, in a move to boost its Corporate Banking operations in the UK, across Europe and globally.
Gemalto and R3 pilot blockchain technology to put users in control of their Digital ID
- 7 years 2 months ago
- Blockchain, Payments, Security
Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple yet critical questions. By creating and managing their own 'Self-Sovereign' Digital ID, users can enroll with a host of different digital banking, eCommerce and eGovernment services, without having to go through repeated due diligence processes for each of them.
Sageworks announces the launch of Sageworks Insights for better risk analysis and decision-making
- 7 years 2 months ago
- Risk Management
Sageworks, a financial information company that offers lending, credit risk and portfolio risk solutions to banks and credit unions, today announced the rollout of Sageworks Insights. This tool will enable institutions to make informed decisions by organizing and presenting more data for analysis and modeling. Sageworks Insights is the newest addition to the Portfolio Analytics suite, joining the company’s Stress Testing and Allowance for Loan...
EquiLend Opens Dublin Office
- 7 years 2 months ago
- Trading Systems
EquiLend, a leading provider of trading, post-trade, market data and clearing services for the securities finance industry, today announces the opening of its office in Dublin to serve European clients following Brexit. EquiLend’s new office—at South Point, Harmony Row, Dublin, D2—is the headquarters of EquiLend Limited, the firm’s Irish entity.
Crown Agents Bank Appoints Susanne Chishti As Non-Executive Director
- 7 years 2 months ago
- People Moves
Crown Agents Bank has appointed Susanne Chishti to its board as a non-executive director. Chishti brings more than 20 years of financial expertise, board-level experience focused on organisational governance, and a strong understanding of the small and medium size enterprise market. Her experience draws on 14 years in banking, with senior positions held at Morgan Stanley, Lloyds Banking Group and Deutsche Bank.
Multi-Million-Pound Funding Secures Growth For Global Banking Services Firm
- 7 years 2 months ago
- Investment
Surrey-headquartered banking services firm Cennox has obtained a £24m funding package from NatWest and RBS Invoice Finance. The funding supports Cennox’s growth strategy, which has included the completion of a series of significant acquisitions over the last 12 months. These include the acquisitions of the European division of financial security firm, 3SI Security Systems, and Acketts Group, a UK-based ATM installer.
Fewer Than Half of Banks Ready to Deal with Impact of FRTB by 2022: IHS Markit Survey
- 7 years 2 months ago
- Banking
Avaloq upgrades open software architecture designed to make banks more agile
- 7 years 2 months ago
- Banking
Avaloq, the leading global provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, has upgraded its open software architecture. The key components of Avaloq’s new software architecture are self-contained systems that banks and wealth managers can easily adopt individually. Avaloq’s clients will benefit from greater business agility and scalability, improved time-to-market and...
Mindtree Partners With IIT Madras to Establish an Endowed Faculty Fellow Position in Data Science and AI
- 7 years 2 months ago
- Artificial Intelligence, Data
Lagos to host Biannual Africa Fintech Summit for the first time in November
- 7 years 2 months ago
- Infrastructure
Africa’s premier fintech event, the Africa Fintech Summit, (www.AfricaFintechSummit.com) will be held for the first time in Lagos, Nigeria, on November 8-9, 2018. This event comes on the heels of the earlier edition in Washington D.C. which featured leading policy makers, c-suite business executives, start-ups, and investors.
TickerChart Partnership with ZagTrader Goes Live
- 7 years 2 months ago
- Infrastructure
ZagTrader, a Dubai-based technology company specializing in Banking and Capital Markets Solutions, formally announces the availability of TickerChart to its existing suite of front ends. The Partnership between ZagTrader and TickerChart will provide the existing client base of ZagTrader the capability of using the advanced Front Ends of TickerChart. TickerChart products are rich in advanced features that serve active traders, such as: Chart...
