BC Partners sells majority stake in Acuris to ION Investment Group
- 7 years 5 months ago
- M&A Deals
Funds advised by BC Partners (“BC Partners”) announced the sale of a majority stake in Acuris, a global provider of proprietary financial intelligence, data and analytics, to ION Investment Group ("ION"). ION will acquire a controlling stake in the company from BC Partners and GIC, Singapore’s sovereign wealth fund. BC Partners and Acuris management are reinvesting and will retain minority ownership.
AllianceBernstein Taps OpenFin to Drive Global Digital Transformation Strategy
- 7 years 5 months ago
- Asset Management
OpenFin, the operating system (OS) of finance, today announced that AllianceBernstein, the global asset management firm, has chosen OpenFin to help accelerate their digital transformation strategy. The collaboration will help AllianceBernstein modernize their desktop technology infrastructure, allowing integration and interoperability with legacy and third-party applications without the need to rewrite legacy code. AllianceBernstein is now...
ICS Financial Systems to Participate at AAOIFI’s Shari’ah Conference, 17th Edition
- 7 years 5 months ago
- Islamic Finance
Manama, Kingdom of Bahrain: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has participated in the 17th Annual Shari'ah Conference of
Seamless Claims Using Innovative Tech – Generali and If P&C Join Exclusive Webinar
- 7 years 5 months ago
- Insurance
The competition between European insurers has never been greater. As impactful technology becomes cheaper to access and more widely available, insurers must meet customer needs and demands now, or lose their customers forever; outdated products, inefficient processes and poor customer service are no longer acceptable. As insurance’s ‘moment of truth’, the claims process is a critical priority for insurers. Although complex, condensing ease of...
Employment Growth Set to Continue but Pay Intentions Remain Subdued
- 7 years 5 months ago
- Infrastructure
Britain’s jobs boom is set to continue in the next quarter as employers continue to shrug off the uncertainty around Brexit with new hires. However, despite the tightening labour market, this confidence has yet to translate into significant salary increases for all but new starters and those with key skills. As recruitment and retention challenges grow, employers are increasingly flexing their recruitment practices and drawing on a wider talent...
Childly Launches Its Global Crypto Wallet Service Dove Wallet
- 7 years 5 months ago
- E-Wallets, Cryptocurrencies
Childly announced that it has launched its global crypto wallet service, Dove Wallet. Dove Wallet provides cryptocurrency trading markets, and transfer service currently.
Nutanix Mine with Veeam Simplifies Secondary Storage
- 7 years 5 months ago
- Cloud
Nutanix, Inc. (NASDAQ: NTNX ), a leader in enterprise cloud computing, and Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, today announced Nutanix Mine with Veeam. Currently in beta testing with select customers and partners, Nutanix Mine with Veeam combines the best of both companies’ innovation — Nutanix in enterprise cloud computing and Veeam in Cloud Data Management — for a full-stack solution enabling...
Atom bank select TruNarrative for next generation protection against financial crime
- 7 years 6 months ago
- Banking, Security
TruNarrative are proud to announce their latest partnership with the UK’s first bank built exclusively for mobile and tablet, Atom bank plc, to provide an AML transaction monitoring and financial crime customer screening and monitoring solution.
Blockchain Live Returns to London Olympia, 25th September 2019
- 7 years 6 months ago
- Blockchain
Taking blockchain mainstream, Blockchain Live is back and will be returning to London Olympia on 25th September as a festival of blockchain education. A one-day event, packed with engaging, thought-provoking and quality content, this year Blockchain Live will be moving away from the traditional exhibition model, in to a ground-breaking festival of content and collaboration.
New Hong Kong Virtual Banking Licenses
- 7 years 6 months ago
- Banking
The Hong Kong Monetary Authority (HKMA) announced (9 May 2019) that the Monetary Authority has granted banking licences under the Banking Ordinance to Ant SME Services (Hong Kong) Limited, Infinium Limited, Insight Fintech HK Limited and Ping An OneConnect Company Limited for them to operate in the form of a virtual bank. The granting of these banking licences takes effect today. According to their business plans, these four newly licenced...
UK Cash Deposit FinTech Raises £11m to Drive Growth
- 7 years 6 months ago
- Investment, FinTech StartUps, IT Innovations
London based FinTech, Flagstone, developer of the UK’s largest cash deposit platform which provides clients with access to over 550 deposit accounts from 30 banks through asingle application, has raised £11m in growth capital from investors including Kindred Capital, Moneysupermarket Group plc, VentureFounders and a number of private individual investors.
Path Solutions and Infrascale Announce Partnership Agreement to Provide Hybrid Cloud Disaster Recovery as a Service
- 7 years 6 months ago
- Cloud, Hybrid clouds
Path Solutions, a global provider of technology solutions, consulting, and outsourcing services to the Islamic finance industry, has signed a partnership agreement with Infrascale, the leader in Hybrid Cloud Disaster Recovery as a Service (DRaaS). With the partnership in place, Path Solutions will offer Infrascale’s Disaster Recovery solutions to its existing and potential clients. The strategy will bring a strong DRaaS offering and data...
Ingenico answers consumers’ call for more payment options through new LinkPlus solution
- 7 years 6 months ago
- Payments
Payment leader Ingenico Group (Euronext: FR0000125346 - ING) has launched LinkPlus, a simple and secure solution for businesses who handle payments over the phone. The solution enables online businesses to send payments through a link or QR code, removing the need to manually process unsecured credit card details or banking information.
Judo Bank goes live with cloud-native, cloud-agnostic Temenos T24 Transact
- 7 years 6 months ago
- Banking, Cloud
Judo Bank, the first SME focused bank operating in Australia, today announced that it has gone live in record time with Temenos T24 Transact, Analytics, Financial Crime Mitigation and Channels – a module of Temenos Infinity – running on Temenos Cloud.
Outdated Technology Preventing Banks from Investing in Disruptive Technologies, according to Fenergo Survey
- 7 years 6 months ago
- Banking, Infrastructure
Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, revealed that 20% of C-suite executives in banks say that the maturity of their technology infrastructures is preventing them from investing in new, disruptive technologies including big data analytics and Artificial Intelligence (AI) to improve CLM. 67% are not currently partnered with a fintech/regtech provider to improve...
