OpenWay Improves Speed-to-Market for Acquirers With Its New Solution
- 7 years 1 week ago
- Payments
OpenWay, a global provider of top-ranked software for digital payments, has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.
Revolut in Bid for $1.5 billion Debt and Equity Round
- 7 years 1 week ago
- Banking
Revolut has hired JPMorgan to oversee a $500 million equity raise and $1 billion convertible loan, in a move that would bring the total funding raised by the loss-making firm to almost $2 billion. The search for new capital comes just weeks after Revolut secured a global deal with Visa that would see the fintech move into 24 new markets and boost staff numbers to 3500. According to Sky News, which first reported on the upcoming funding round,...
Ethoca Wins Most Innovative Online Solution at the UK Fraud Awards 2019
- 7 years 1 week ago
- Fraud Detection
Ethoca, the leading provider of collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop ecommerce fraud and disputes, has won ‘Most Innovative Online Solution’ at the UK Fraud Awards 2019. Hosted by Retail Risk, the awards celebrate the best anti-fraud and security technologies on the market today. The winners were announced during the UK Fraud Awards Gala Dinner on Thursday October...
OTP Group Shifts Gears for Late-Stage Startup Programme
- 7 years 1 week ago
- Banking
Hungary's OTP Group is inviting late-stage startups to apply for a Group-wide pilot programme aimed at finding fresh applications for long-term commercial deployment at the bank.
ING Joins Dutch AI Taskforce
- 7 years 1 week ago
- Artificial Intelligence
ING has joined a taskforce to promote the development and acceptance of artificial intelligence technology in the Netherlands, part of a national initiative to halt a brain drain of talent to AI powerhouses like the US and China.
RBC Backs AI-based Climate Change Research
- 7 years 1 week ago
- Artificial Intelligence
Royal Bank of Canada (RBC) is backing a new academic research project using artificial intelligence to address climate change.
OpenPayd announces new Chief Product Officer and Chief Growth Officer
- 7 years 1 week ago
- Payments, Banking
OpenPayd today announces the appointment of Adam Bialy as Chief Product Officer and Sophie Guibaud as Chief Growth Officer. Sophie joins OpenPayd from Fidor, where she was appointed as Vice President of European Expansion in 2015, becoming Managing Director Europe in 2018. She began her career in investment banking before joining a growth capital fund. After launching HelloFresh, she led product strategy and commercialisation at Bankable, before...
Upgrade Launches Card
- 7 years 1 week ago
- Payments
Upgrade, Inc., a consumer credit platform that offers affordable and responsible loans, together with credit monitoring and education tools, today announced the launch of Upgrade Card. The new card offers the flexibility and convenience of a credit card accepted by millions of merchants, coupled with the lower cost and responsible use of credit of installment loans. Upgrade Card comes with a personal credit line of $500 to $50,000.
Solactive releases new issuer-level screened Green Bond Index and partners with Lyxor for the launch of a new Green Bond ETF
- 7 years 1 week ago
- Data
The green bond market has grown massively, and green bond investors’ needs are evolving all the time. Back in 2014, when Solactive established its first Green Bond Index, only 14 bonds were eligible for inclusion. Today, it includes 319 bonds (as at 02/10/2019). This index now also serves as the basis of Solactive’s first ESG-screened green bond Index – Solactive Green ESG Bond EUR USD IG TR Index. Both indices place a unique emphasis on...
TSB Opened New City of London Flagship Branch
- 7 years 1 week ago
- Retail Banking
TSB today celebrates the opening of its new and modern City of London flagship branch, which is located on one of London’s busiest high streets, at 55 Bow Bells House, Cheapside. TSB marked the special occasion with a ribbon cutting event attended by Sir Roger Gifford, local Alderman, and Alexander Barr, Common Councilman for Cordwainer Ward in the City of London.
Alfa-Bank and NLMK launch Foreign Trade Finance Pilot Transaction with Commerzbank and Vesuvius GmbH via Marco Polo
- 7 years 1 week ago
- Banking
Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network. For Marco Polo, it is the first Russian-German import-export operations financing project.
Hyper announces mixed reality-based spatial design platform
- 7 years 1 week ago
- Digital Identity, FinTech StartUps
HYPER, the London-based startup born from the EIT Digital-supported “HyperCRC” innovation activity, has launched a spatial design platform that fuses virtual reality with real, motion-tracked models, enabling companies and clients to physically experience their visions. HYPER will help them save time and money, while drastically reducing waste during the prototyping design phase.
American Financial Resources and Finicity Partner to Simplify the Mortgage Experience
- 7 years 1 week ago
- Data
American Financial Resources, Inc. (AFR) announced today it is working together with Finicity—a leading provider of real-time financial data access and insights, to provide its business partners and their borrowers with a faster, simpler and more secure way to verify assets and income while originating loans.
P2P lending in Spain is gaining momentum
- 7 years 1 week ago
- P2P Lending
A study conducted by the P2P platform Robo.cash has shown that the number of search requests associated with P2P lending in Spain grew from 9,400 in July 2015 to 12,000 in June 2019. A significant increase of the queries in 2017 with a peak in March correlates with the growth of Spanish alternative finance market by 23% compared to 2016.
The Royal Mint and Mastercard unveil first of a kind solid gold payment card
- 7 years 1 week ago
- Payments
Working in association with Mastercard and Accomplish Financial, The Royal Mint has today announced production of the world’s first hallmarked precious metals payment card. The solid gold payment card is designed for individuals who wish to access the exclusive benefits of a Raris account and for those who value high quality luxury items that make a statement. The prestigious 18kt gold Raris card is personalised for each Raris accountholder,...
