Significant Fin Tech investment for Nordic Capital
- 8 years 5 months ago
- Investment Management
Nordic Capital and MFEX management acquire MFEX, a leading independent fund platform in Europe and Asia Nordic Capital Fund VIII “Nordic Capital” and MFEX management has signed an agreement to acquire the majority of the shares in MFEX, a leading European B2B open architecture fund distribution platform. Nordic Capital sees great potential in supporting the acceleration of MFEX’s growth agenda across Europe and Asia and the consolidation in...
Avelacom Taps Metamako to Offer Fastest FPGA-based Connectivity Solution
- 8 years 5 months ago
- Infrastructure
Global connectivity provider Avelacom announced today that it is now using Metamako, the leading specialist provider of FPGA-enabled, high-performance networking devices, to significantly accelerate its network processing power and keep latency to an absolute minimum. The solution meets the needs of HFT firms and all firms in capital markets for whom latency is critical, allowing them to benefit from the latest technology innovations in data...
Mizuho adopts MapR platform for asset liability management system
- 8 years 5 months ago
- Accounting
MapR Technologies, Inc. announced today that the MapR Converged Data Platform-which converges the essential data management, storage, and processing technologies on a single, horizontally scalable platform-has been selected for use in Mizuho Bank’s Asset Liability Management (ALM(*1)) system.
Citizens Bank Reveals Robo-advisor
- 8 years 5 months ago
- Banking
Citizens Bank today announced the launch of its digital investment and advisory platform, SpeciFi from Citizens Investment Services. With the introduction of SpeciFi℠, Citizens can now offer customers a unified view of their banking and investment accounts from their online banking homepage.
Concardis Develops Cutting-edge Payment Platform
- 8 years 5 months ago
- Payments
‘For the first time, merchants in German-speaking Europe can now keep an eye on their payment transactions with real-time review. In doing so, the new Concardis Payengine simplifies, among other things, the process of accepting payments in advance and via invoice. This saves merchants time and effort. And the consumer benefits from shorter delivery times with the same payment convenience they’re accustomed to,’ says Christoph Jung, Vice...
Integral Launches MiFIDII Compliance Tech
- 8 years 5 months ago
- Compliance
Integral, the technology partner trusted by leading banks, brokers, and investment managers to design, deliver and grow their FX businesses, announced today solutions for MiFID II compliance. Integral will deliver its entire platform with services necessary to meet MiFID II requirements including assistance with pre-trade and post-trade transparency, surveillance, TCA, reporting, and record keeping.
CACI and DigitalXRAID combine to combat growing cyber-attack risk
- 8 years 5 months ago
- Security
CACI has announced a new partnership with network security provider DigitalXRAID (DXR) to support businesses as they face growing risks from cyber attacks on their networks, such as the recent global ransomware attacks. The partnership supplements CACI’s end-to-end business information technology services with DXR’s deep security expertise. This gives CACI’s customers enhanced security across its range of network services, reducing the risk of...
Mobile-only bank N26 employs Mambu's SaaS banking engine
- 8 years 5 months ago
- Banking, SaaS
Mambu, the SaaS banking engine, today announced that its innovative solution is being used by N26 to allow the Berlin-based mobile bank to integrate systems and quickly bring services to market in support of its growth strategy.
ABN Amro Invests in Cloud Lending Solutions
- 8 years 5 months ago
- Cloud
ABN Amro has invested in the innovative FinTech company Cloud Lending Solutions Inc. (CLS). This investment is the second by ABN AMRO’s Digital Impact Fund (DIF), following an earlier investment in the Swedish FinTech Tink. The corporate venture capital fund DIF focuses on strategic investments in companies that facilitate the digital transformation for ABN AMRO and its clients.
SmartQuote launched by Legal & General: get a household insurance quote in seconds
- 8 years 6 months ago
- Insurance
Legal & General, the FTSE 100 financial services group and leading home insurance provider, has today launched SmartQuote - the simple, easy to use and mobile friendly to get a household insurance quote. In just five simple questions and about 90 seconds, customers can get a household insurance quote. One of those questions includes asking for the customer’s address, with the hardest question a customer has to answer being: “How many claims...
ThreeD Capital Announces Its Artificial Intelligence Investment, GoldSpot Discoveries, Reports Major Milestone At Sprott Mining Majority Owned Jerritt Canyon Project
- 8 years 6 months ago
- Artificial Intelligence, Investment Management
ThreeD Capital Inc. an emerging Merchant Bank, led by Sheldon Inwentash, that focuses on investments in best of breed, early stage disruptive companies, is pleased to announce the achievement of a major milestone by its' artificial intelligence holding, Goldspot Discoveries Inc. ("Goldspot"). ThreeD owns a 22% equity interest (on a non-diluted basis) in Goldspot. GOLDSPOT BRINGS ARTIFICIAL INTELLIGENCE TO MINERAL EXPLORATION
SOLARISBANK CHOOSES SIA TO LAUNCH NEW CONTACTLESS PAYMENT CARDS IN GERMANY
- 8 years 6 months ago
- Banking
solarisBank, a German banking platform with a full banking license, has chosen SIA, a company specializing in the processing of electronic payments, to support the launch of new contactless debit cards and to contribute to the development of electronic payment solutions. With this agreement, starting from now, SIA’s technology platform will manage the processing of transactions made using payment cards issued by solarisBank for its clients.
The Nordea Bank AB Board of Directors initiates a re-domiciliation of the parent company to Finland
- 8 years 6 months ago
- Banking
The Nordea Bank AB (publ) Board of Directors initiates a re-domiciliation of the parent company to Finland – operations in all Nordic home markets remain unchanged
It’s Time to ENGAGE with all our Digital Partners
- 8 years 6 months ago
- Payments
Who could have imagined, just a few years back, that you’d be able to pay with your mobile phone, your watch, or your fitness device? Well, today you can – and if you fast forward a couple more years, we’re likely to see many more of these. At Mastercard we like to think of it as enabling commerce for every device. But how do we get there?
Genesee Regional Bank Partners with DefenseStorm to Strengthen Security Initiatives and Ensure Compliance with New Regulations
- 8 years 6 months ago
- Banking, Security
To combat increasingly complex cyber threats and stay ahead of new regulatory requirements, Genesee Regional Bank (GRB) has partnered with DefenseStorm, a solution that fuses together technology and people to provide co-managed cybersecurity operations for financial institutions.
