Temenos acquires US-headquartered SaaS vendor Avoka to strengthen its leading Digital Front Office banking product
- 7 years 6 months ago
- M&A Deals
Temenos (SIX: TEMN), the banking software company, today announces it has agreed to acquire Avoka, a leader in digital customer acquisition and onboarding, subject to regulatory approvals. The acquisition further strengthens the Temenos Digital Front Office product, which has over 300 banking clients and has been recognized as a leader by top analyst houses such as Forrester and Ovum. The Avoka platform will be integrated with the Temenos...
PayPal launches Xoom in Canada
- 7 years 6 months ago
- Money Transfers
Today, PayPal launched Xoom, its international money transfer service in Canada.
NEOXAM RECEIVES FINANCE INNOVATION ACCREDITATION FOR AI PROJECT
- 7 years 6 months ago
- Transaction Banking, Data, Infrastructure
NeoXam, a leading provider of data management and transaction software solutions dedicated to the financial industry, today announces it has received a “Finance Innovation Accreditation” by the French Public Authorities for its Artificial Intelligence (AI) offering. Finance Innovation is the unique cluster for innovation in the French financial sector. Its goal is to accelerate the creation and development of innovative projects devoted to...
Swanest launches Risk & Return Scanner for financial media
- 7 years 6 months ago
- Risk Management, Infrastructure
Swanest, a robo-adviser that makes intelligent investing simple, today launched Risk & Return Scanner, an investment calculator for financial media that automates risk and expected return analysis through the use of algorithms.
Infosecurity Europe challenges CISO community to predict top trends and challenges for the industry in 2019
- 7 years 6 months ago
- Infrastructure
As 2018 draws to a close, Infosecurity Europe 2019, Europe’s number one information security event, which next year takes place at Olympia, London from 4-6 June 2019, has challenged its CISO community within financial services and other key industry sectors to predict the trends that will shape the industry in the year ahead.
DTCC Offers One-Stop Solution For Securities Financing Transactions Reporting
- 7 years 6 months ago
- Security
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it has partnered with Xceptor, the leader in data-centric intelligent automation software, to enable clients to leverage Xceptor’s data transformation capabilities within DTCC’s Global Trade Repository (GTR) for Securities Financing Transactions Regulation (SFTR).
Omnio Appoints Keith Richbell To Head Its Australian Team
- 7 years 6 months ago
- People Moves
Omnio Group, a banking and payment services provider formed by the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, has welcomed payment industry leader Keith Richbell as Chairman of the group’s Australian business. Richbell has more than 35 years’ industry experience, working across retail banking, foreign exchange, real-time and card payments, as well as FinTech. He has worked for major international brands, including...
iwoca adds Barclays and HSBC to Open Banking connections
- 7 years 6 months ago
- Banking
iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take advantage of the Open Banking service.
Sberbank welcomes David Rafalovsky as Executive Vice President
- 7 years 6 months ago
- People Moves
On December 10th 2018 the Sberbank Group announced the appointment of David Rafalovsky as Executive Vice President.
CLX Communications appoints new CFO
- 7 years 6 months ago
- People Moves
CLX Communications AB, a global leader in cloud communications for customer engagement through mobile technology, today announced the appointment of Roshan Saldanha as its new Chief Financial Officer. Roshan joins CLX from a previous role as CFO of Tele2 Sverige AB, Sweden's second-largest telecom operator, and will assume his role at CLX on March 5, 2019.
Experian to acquire South Africa's Compuscan for $263 million
- 7 years 6 months ago
- M&A Deals
Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian for ZAR3.72 billion (USD263 million). The acquisition is subject to review by the competition regulator in South Africa. Established in South Africa in 1994, Compuscan started as a credit bureau, focused on the micro-lending industry. It enabled micro lenders to avoid financial...
NEW DTCC RISK SURVEY REVEALS GROWING CONCERNS OVER BREXIT’S SYSTEMIC IMPLICATIONS
- 7 years 6 months ago
- Risk Management, Infrastructure
The slower than expected negotiating progress between the United Kingdom and the European Union and the ongoing uncertainty of the outcome has positioned Brexit as a top systemic risk concern for 2019, although cybersecurity and other geopolitical risks around the globe continue to dominate the risk landscape, according to a new survey published by The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market...
DataArt partners with R3 to build blockchain solutions on Corda distributed ledger platform
- 7 years 6 months ago
- Blockchain
DataArt, a global technology consultancy that designs, develops, and supports unique software solutions, today announced that it has partnered with R3, an enterprise blockchain software firm, to develop innovative products and solutions on R3’s Corda platform.
Actis sells African credit information and analytics business Compuscan to Experian
- 7 years 6 months ago
- M&A Deals
Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian for ZAR3.72 billion (USD263 million). The acquisition is subject to review by the competition regulator in South Africa. Established in South Africa in 1994, Compuscan started as a credit bureau, focused on the micro-lending industry. It enabled micro lenders to avoid financial...
genesis partners with OpenFin to accelerate digital transformation in capital markets
- 7 years 6 months ago
- Buy-Side Back and Middle Office, Asset Management, Fund Management, Treasury, Wealth Management
genesis, the international capital markets software firm and OpenFin are pleased to announce their partnership, to provide clients with scalable and interoperable technology and desktop solutions, built and deployed at great speed. The partnership helps drive front to back office digital transformation projects across capital markets - from the server to the desktop - bringing together genesis’ ability for agile software development and OpenFin’...
