Gender bias in money transfers mean migrant women in the UK pay more than men to send money abroad
- 7 years 2 months ago
- Money Transfers
Fintech InstaReM, has revealed that migrant women in the UK, despite being the primary source of care for their families ‘back home’, pay up to 20% more than men to transfer money abroad. UK Migrant women are disproportionately employed in low income work, and often paid weekly, transfering money ‘little and often’ thereby incurring greater fees.
Nordea partnering with private equity pioneer
- 7 years 2 months ago
- Banking
Nordea Asset Management is partnering up with Jan Ståhlberg, a pioneer within the international private equity industry, in a joint venture aimed at investing in non-listed companies with strong sustainability targets. Jan Ståhlberg was a co-founder of EQT and he is a former deputy managing partner and vice chairman of the European-leading private equity firm.
Mastercard Delivers for Women Business Owners Seeking Community Support, Mentorship and Access to Capital
- 7 years 2 months ago
- Payments
The needs of women small business owners are immediate and specific. They want a financial provider who will work for them by delivering community engagement, networking, mentorship opportunities and access to capital.
Mastercard Advances Cross-Border Capabilities with Acquisition of Transfast
- 7 years 2 months ago
- Payments
Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Transfast, a global cross-border account-to-account money transfer network.
IPSX selects QuantHouse to distribute its commercial real estate pricing feeds to global quant community
- 7 years 2 months ago
- Trading Systems
QuantHouse, the leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, today announced that real-time pricing feeds from The International Property Securities Exchange (IPSX) are now available globally to all QuantHouse members looking to trade real estate as an asset class.
FSS makes Strategic Investment in Africa-based Ecentric Payment Systems
- 7 years 2 months ago
- Payments
FSS (Financial Software and Systems), a global PayTech company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment processor in South Africa. FSS has acquired a 46% stake in Ecentric through a combination of primary and secondary investments, with a potential to further its stake holding.
Avaloq joins the Enterprise Ethereum Alliance
- 7 years 2 months ago
- Blockchain, Banking
Avaloq, a leading fintech company and international provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, today announced that it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative.
TIBCO Announces Acquisition of High-Performance In-Memory Data Platform SnappyData
- 7 years 2 months ago
- Data, M&A Deals
TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has acquired SnappyData. The acquisition will complement the TIBCO® Connected Intelligence platform with a unified analytics data fabric that enhances analytics, data science, streaming, and data management for various use cases requiring speed, volume, and agility.
Intelliflo’s fifth national conference open for bookings
- 7 years 2 months ago
- Infrastructure
Intelliflo has opened bookings for its fifth ‘Change the Game’ conference, to be held on Tuesday 18 June 2019 at the Business Design Centre (BDC) in London and on 4 July at the Manchester Central Convention Complex. A record 809 financial advisers, paraplanners and product providers from across the UK attended the 2018 conference. In anticipation of an even larger turnout in 2019, both events have moved into larger halls at the venues.
Velocity & B-Hive partnership links Fintech hubs in pan-European collaboration
- 7 years 2 months ago
- Artificial Intelligence, Infrastructure
The IA’s fintech innovation hub and accelerator, Velocity, and Brussels-based fintech ecosystem B-Hive have signed a partnership designed to boost fintech innovation across the asset management industry by promoting pan-European collaboration. The partnership signed by Fabian Vandenreydt, Executive Chairman, B-Hive and Peter Harrison, Chair of the IA Board, signals a commitment to a closer relationship between the two organisations with the aim...
SETL announces start of corporate reorganisation further to successful completion and approval of the regulated CSD development
- 7 years 2 months ago
- Blockchain
In line with its 2018 strategic and operational plan, SETL the London based institutional payment and settlement infrastructure provider using blockchain technology, has focussed its resources on successfully developing and funding the establishment of the ID2S and IZNES platforms in Paris. Of particular note, SETL made significant capital contributions to ID2S, the regulated CSD. In October 2018, the platform successfully completed its T2S...
National Settlement Depository first CSD to sign up for SWIFT gpi
- 7 years 2 months ago
- Payments
National Settlement Depository (NSD), Russia’s central securities depository (CSD) has become the first CSD to sign up for SWIFT’s gpi service – a rapid cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.
Banco do Brasil London Branch Deploys CloudMargin Platform for Global Collateral Processing
- 7 years 2 months ago
- Banking, Cloud
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that Banco do Brasil in London, a branch of one of Latin America’s largest banks, has deployed the CloudMargin platform for its global collateral processing.
Savers at mercy of widening pensions advice gap
- 7 years 2 months ago
- Wealth Management
An advice gap exists in the UK, having started in the wake of the 2013 retail distribution review (RDR). This resulted in advisers making their charges transparent for consumers – and putting people with low wealth off seeking advice.
Survey Shows Disjointed Communications Technologies Fail Customers
- 7 years 2 months ago
- Cloud, Infrastructure
RingCentral UK Ltd., a leading provider of global enterprise cloud communications and collaboration solutions and a wholly owned subsidiary of RingCentral, Inc. (NYSE: RNG), released a new report entitled Overcoming the Digital Disconnect: How Disjointed Communications Technologies Are Letting Customers Down – and How to Solve it.
