MoneyLion Secures $42 Million Investment to Accelerate Growth
- 8 years 6 months ago
- Investment
MoneyLion, the digital personal finance platform for the financial middle class, announced today it has secured a $42 million Series B funding, led by Edison Partners. Existing investors FinTech Collective and Grupo SURA, as well as new investors Greenspring Associates and Danhua Capital also participated in the round. All told, MoneyLion has now raised $67 million in equity financing.
Alrajih Islamic Bank for Investment and Financing opts for iMAL from Path Solutions
- 8 years 6 months ago
- Islamic Finance
Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces thatAlrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.
Innovative Tech Start-Up Receives FIDO Certification
- 8 years 6 months ago
- Authentication Technology
The FIDO Alliance is an industry consortium launched in February 2013 to address the lack of interoperability among strong authentication devices. Its founding members include PayPal and Lenovo. The FIDO ecosystem enables better security for online services, reduced cost for the deploying enterprise, and a simpler and safer consumer experience. The open-source authentication protocol allows logins to take place with non-password authenticators,...
AxiomSL Hires Harry Chopra as Chief Client Officer to Drive Growth
- 8 years 6 months ago
- People Moves
AxiomSL, the leading global provider of regulatory reporting, risk and data management solutions, today announced the appointment of Harry Chopra as Chief Client Officer, effective immediately. In this role, Mr. Chopra will oversee AxiomSL’s global business development efforts, implement go-to-market strategies and build worldwide client-driven growth.
Gemalto launches the first biometric EMV card for contactless payments
- 8 years 6 months ago
- Payments, IT Innovations, Infrastructure
Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been selected by Bank of Cyprus to supply the world's first EMV biometric dual interface payment card for both chip and contactless payments.
Can AI and Sentiment Analysis provide the edge that your Finance company needs to surge ahead of the competition?
- 8 years 6 months ago
- Artificial Intelligence
Major conference on AI and Sentiment Analysis in Finance, Hong Kong, 7-8 March 2018 Artificial Intelligence is seen by many as the main driver of the 4th Industrial Revolution. Investment in AI has grown at a phenomenal rate with companies investing $26-39bn in 2016, and, according to IDC, the AI market will grow to more than $47 billion in 2020. The Finance industry has been leading the way in adoption of AI with a significant projected...
Linedata partners with LSE Group’s UnaVista for MiFID II
- 8 years 6 months ago
- Compliance, Regulatory Standards
Linedata (Euronext Paris: LIN), the global solutions and outsourcing services provider to the investment management and credit finance industries, today announced a partnership with London Stock Exchange Group’s UnaVista for transaction reporting requirements, as part of its ongoing drive to provide clients with market leading solutions compliant with the European Union’s Markets in Financial Directive II (MiFID II).
AiX, the First Artificial Intelligence Broker that Uses Blockchain, Announces investment Banking Veteran Steve Compton as an Advisor
- 8 years 6 months ago
- Blockchain
Blockchain and fintech start-up AiX today announced that the highly-regarded global markets and derivatives specialist Steve Compton has joined the company as an advisor. Prior to bringing his 26 years of experience to AiX, Compton worked as a managing director in the Global Markets Division at Citigroup. Most recently at Citi, Steve had global responsibility for G10 Markets Treasury, the Fixed Income Finance business and Collateral Optimisation.
BSO syncs up with emagine in time for MiFID II
- 8 years 6 months ago
- Compliance
Global network provider BSO has teamed up with software vendor emagine to distribute synchronised time in order for market participants to accurately timestamp their trades to comply with MiFID II.
WAY FUND MANAGERS subscribes to OTCFin-Morningstar’s PRIIP KIDs and EPTs service
- 8 years 6 months ago
- Asset Management, Risk Management
Way Fund Managers, a British Asset Manager dedicated to the operation of collective investment schemes, has selected OTCFin, a financial technology firm specialized in Investment, Risk, and Regulatory Data Management and Reporting, to assist them with their implementation of the PRIIPS regulation. OTCFin will work in partnership with Morningstar to provide a fully integrated PRIIPS KIDs anEPT solution to WAY FUND MANAGERS that includes both the...
Kestra Private Wealth Services Helps Another Wirehouse Team Go Independent
- 8 years 6 months ago
- Wealth Management
Kestra Private Wealth Services, LLC (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc., supporting independent advisor teams nationwide, today announced the addition of Modernize Wealth to its advisory platform. Based in Chandler, Ariz., the professionals at Modernize have been providing wealth management and retirement planning services for over 25 years. The advisory team at Modernize consists of John Hebert,...
Finom Pioneers Cryptocurrency Stock Capital in Switzerland
- 8 years 6 months ago
- Blockchain, Cryptocurrencies
Financial blockchain company Finom AG today announced it has become the first company in the world to increase its stock capital by such an unprecedented level of Ether (ETH) at 7,760 - the second most popular cryptocurrency. Finom's capital stock now comprises 2.5 million Swiss Francs (CHF).
GFMI to Host the 2nd Edition Insurance and Pension Asset Allocation Conference on February 26-28, 2018 in New York, NY
- 8 years 6 months ago
- Insurance
This 2nd Edition GFMI conference will help insurers and pension providers to develop competitive asset management strategies to enhance the profitability of their investment portfolios. Join industry experts from MetLife, Prudential, Transamerica, AXIS Capital, Global Atlantic Financial Group, and many others and take away practicable asset-liability management (ALM) techniques to help optimize your assets within the investment portfolio. ...
Assetz Capital launches GBBA series two
- 8 years 6 months ago
- Investment Management
Assetz Capital has launched Series 2 of its Great British Business Account (GBBA), offering investors a capped target gross interest rate of 6.25% per annum. GBBA Series 2 automatically invests in business loans that have realisable asset security. Although the account has a similar investment mandate to Series 1, Series 2 is more tailored to current market conditions to capture a wider range of higher-quality loans than its predecessor. Over £4...
ACI Worldwide and HyperPay Protect eCommerce Payments for Merchants Across Middle East with Real-Time Fraud Prevention
- 8 years 6 months ago
- Payments
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that HyperPay, a leading payment service provider (PSP) in the Middle East and North Africa (MENA) r
