Advanced Works with HMRC on Digital Transformation of Tax System
- 7 years 7 months ago
- Infrastructure
Advanced is working with HMRC to support the success of Making Tax Digital (MTD), a key part of the government’s plans for the digital transformation of the tax system. Advanced’s innovative new Business Tax Portal will make it easier and more efficient for individuals, businesses and charities to get their tax right, helping them to automate the new online processing requirements, saving both time and eradicating errors.
SimpleFinance Attracts $15M in Second Round with SBI Investments
- 7 years 7 months ago
- Alternative Finance, P2P Lending
SF Holdings Company Plc, parent of MCC SimpleFinance LLC (“SimpleFinance” or the “Company”), a fintech platform providing accessible lending to small and medium-sized Russian businesses, has completed a USD 15 million equity fundraising round with an investment from the SBI Group (“SBI”).
Linedata signs ICBC Asset Management (Global)
- 7 years 7 months ago
- Asset Management
Linedata (Euronext Paris: LIN), a global provider of credit and asset management technology, data and services, announced today that Hong-Kong-based ICBC Asset Management (Global) (ICBC AMG) will implement a range of asset management software solutions to power its growing global fund business.
Varo Money goes live with Temenos’ digital banking platform
- 7 years 7 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that mobile banking company, Varo Money Inc., has signed for T24 Core Banking as well as the Lifecycle Management Suite which will be implemented on the Temenos Cloud.
Former Visa exec Reg Swart joins Nomanini Board of Directors
- 7 years 7 months ago
- People Moves
Reg Swart, Visa’s former Vice President of Strategy for Emerging Markets has joined Nomanini’s Board of Directors. Reg will redefine Nomanini’s commercial strategy by targeting financial institutions and expanding its offering to mobile operators, merchants and other digital service providers. Nomanini is a FinTech company that provides banking, merchant and payment technology, primarily in emerging markets, to boost financial inclusion via...
Glasswall Solutions Ltd Closes Strategic Funding Round
- 7 years 7 months ago
- Investment
Glasswall Solutions, a leading file regeneration technology, today announced that it has closed a strategic funding round of £15 million. The funding is led by UK entrepreneur and philanthropist Michael Spencer through IPGL, his personal investment vehicle.
SoftBank and Synchronoss partner on Proof of Concept for RCS and Blockchain-based mobile payments
- 7 years 7 months ago
- Blockchain, Payments
SoftBank Corp., a Japan-based telecom carrier; Synchronoss Technologies, Inc. (SNCR), a global leader and innovator of cloud, messaging, digital and IoT products; and TBCASoft, Inc., an innovator of cross-carrier blockchain platform technology, today announced that they have partnered on a Proof of Concept (PoC) for a new cross-carrier mobile payments service based on the Rich Communications Service (RCS) global messaging standa
NICE Actimize Chosen by Thailand’s Bank of Ayudhya to Manage Anti-Money Laundering Compliance with Intelligent Automation
- 7 years 7 months ago
- AML and KYC
NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Bank of Ayudhya/Krungsri, Thailand’s fifth largest financial institution, to transform its anti-money laundering compliance and case management platform.
Big Data made simple
- 7 years 7 months ago
- Big Data
We are now creating more data in every two days than was created from the dawn of civilisation all the way up to 2003 (a figure in the area of five exabytes or 5 trillion megabytes). This has led to a lot of talk around 'Big' data. And with it, came the popular misconception that the term ‘Big’ refers to the size of the data. Of course size matters, but it does not signify what Big Data is all about. Why? Because, no matter how ‘big’ your data...
IRIS is launching IRIS AI
- 7 years 7 months ago
- Artificial Intelligence, Accounting
IRIS Accountancy Solutions, the UK’s leading accountancy software provider is today launching IRIS AI, a family of AI based products and services for every size of accountancy practice. The first product in this offering is the Ai Auditor™ developed by MindBridge® Analytics Inc. The powerful artificial intelligence tool enables accountants to address skills shortages and deliver new risk and fraud assurance services.
Thomson Reuters Partners with Squirro to Combine Artificial Intelligence Technology and Data to Unlock Customer Intelligence
- 7 years 7 months ago
- Artificial Intelligence, Data
Thomson Reuters has partnered with augmented intelligence solution provider Squirro to provide an AI-driven solution that leverages the power of today’s customer relationship management (CRM) platforms to deliver a complete, current overview of each client, boosting engagement and facilitating deal idea generation for the banking industry.
Paysend Releases the Beta Program for its New Global Account Service
- 7 years 7 months ago
- Payments
Paysend, an international payments and money transfer company, is today announcing the beta program for its new Global Account service. Built by a team of ex-Revolut engineers and designers, the Global Account is a simple mobile app that allows people to hold, move and spend multiple currencies globally. Ronald Millar, CEO, said “This is another great first for our team. They have created an award winning product that changes how consumers can...
SmartStream further expands presence in Asia with new Chinese partner TGT Chibo Data Service
- 7 years 7 months ago
- Transaction Banking, Payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the appointment of TGT Chibo Data Service, one of the leading technology services and payment solution providers in China, as an official distributor partner for SmartStream’s TLM solutions in the Mainland market. This new agreement will allow TGT Chibo Data Service to initially market SmartStream’s reconciliations solutions to the...
ZagTrader partners with TickerChart to deliver enhanced trading services
- 7 years 7 months ago
- Trading Systems, Market and Reference Data
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...
Over two-thirds of UK consumers still abandon online shopping purchases due to poor payment processes
- 7 years 7 months ago
- Payments
Online retailers are continuing to lose out on sales by failing to address customers’ preferred payment methods. According to research by PPRO Group, one of the fastest growing global FinTech providers, 67% of UK consumers have abandoned an online retail transaction due to the payment process, only down 1% in the past four years from 68% in 2014. With the biggest reasons cited as 22% didn’t recognise the payment process up from 6%.
