Veridium Partners Blockchain Outfit Wala to Target Africa
- 8 years 9 months ago
- Blockchain
Veridium, a leader in strong authentication using biometrics announced today its partnership with Wala, a South African-based, blockchain-powered financial services platform for the unbanked and underbanked, to bring universal and affordable financial services to emerging countries in Africa. Currently, nearly 3.5B people worldwide are excluded from the financial system. Veridium and Wala will collaborate on a pilot program in sub-Saharan...
Intrinio Collaborates with Quodd to Provide Direct Delivery of Nasdaq Real-time Data
- 8 years 9 months ago
- Trade Finance, Data
Intrinio, a fintech marketplace providing access to high-quality, low-cost financial data feeds, announced today its partnership with QUODD Financial Information Services, a supplier of ultra-low-latency data feeds, to provide Nasdaq (Nasdaq: NDAQ)’s real-time data directly to individuals and enterprise-level clients.
Overbond Expansion in U.S. Multiplies Bond Issuance Opportunities; New Digital Channels to Increase Fixed Income Market Liquidity
- 8 years 9 months ago
- Platform Technology, Infrastructure
Overbond Ltd., the first end-to-end Capital Markets platform for primary bond origination and fixed income deal execution, has expanded real-time access to the Overbond Platform to all US corporate issuers and institutional investors by extending key functionality via desktop and mobile applications for all operating systems. Overbond has also expanded its presence in the US with the opening of a New York office in Grand Central Tech. Enhanced...
Barings Backs Sentinel Capital Partners in Acquisition of Nekoosa
- 8 years 9 months ago
- Asset Management, M&A Deals
Barings, one of the world's leading asset management firms, announced today that it served as Lead Agent on a senior secured credit facility to support Sentinel Capital Partners in its acquisition of Nekoosa ("Nekoosa" or the "Company").
New Cyber Threat Report: Changes in Attack Types, Vectors, Industry Targets
- 8 years 9 months ago
- Security
Key findings include:
Aeris Named a Visionary in Gartner's Magic Quadrant for Managed M2M Services, Worldwide
- 8 years 9 months ago
- Infrastructure
Aeris, a technology leader in the Internet of Things (IoT), today announced it was identified for the second consecutive year by Gartner, Inc. as a Visionary in the 2017 Magic Quadrant for Managed M2M Services, Worldwide.
ForwardLane Reveals AI APIs
- 8 years 9 months ago
- Artificial Intelligence
ForwardLane, a FinTech start-up based in New York City, is a next generation artificial intelligence (AI) company using machine learning to aggregate and scale firm-specific content, market data news, investment research, product materials, and strategic analytics for financial professionals to deliver personalized stories for their clients.
Avaloq and Raiffeisen Switzerland Enhance Their Partnership
- 8 years 9 months ago
- M&A Deals
Avaloq and Raiffeisen Switzerland are enhancing the way they cooperate and are changing their collaboration into a long-term client-supplier relationship. In line with this, Warburg Pincus is to acquire Raiffeisen’s 10% stake in Avaloq. In addition, Avaloq has reached an agreement in principle to acquire the remaining 51% of the joint venture ARIZON from Raiffeisen Switzerland as per 1 January 2019 and assuming full ownership in Arizon....
Singapore and Philippines Sign FinTech Agreement
- 8 years 9 months ago
- Infrastructure
The Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) today signed a FinTech Co-operation Agreement (CA) to promote innovation in financial services in their respective markets. The BSP-MAS CA was signed at the sidelines of the 2nd Singapore FinTech Festival that is currently being held in Singapore from 13 to 17 November 2017.
PayPal Sells US Consumer Loans to Synchrony Financial
- 8 years 9 months ago
- M&A Deals
PayPal Holdings, Inc. and Synchrony Financial announced an agreement to significantly expand their strategic consumer credit relationship. Under the terms of the transaction, Synchrony Financial will acquire $6.8 billion in receivables, including PayPal’s U.S. consumer credit receivables portfolio, which totaled approximately $5.8 billion in receivables as of October 31, 2017, and approximately $1 billion in participation interests in...
AxiomSL Named “Most Innovative Use of a Vendor Solution to Address a Dodd-Frank Requirement” in 2017 RegTech Awards
- 8 years 9 months ago
- Data, Risk Management
AxiomSL, the leading global provider of regulatory reporting, risk and data management solutions, today announced it is a recipient of the 2017 RegTech Awards for “Most Innovative Use of a Vendor Solution to Address a Dodd-Frank Requirement.” This is the inaugural year for the RegTech Awards, which are hosted by the A-Team Group of Data Management Review.
IHS Markit Named Best Data and Information Provider and Best Valuation Service for Hard-to-Value Assets
- 8 years 9 months ago
- Data
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it was recently named Best Data and Information Provider and Best Valuation Service for Hard-to-Value Assets at the 2017 Alternative Credit Intelligence European Services Awards.
Barclays warns UK faces most fraudulent online Christmas ever
- 8 years 9 months ago
- Security, Fraud Detection
This Christmas looks set to be the UK’s most fraudulent ever for online shoppers, according to new data from Barclays1. With fraud and scams becoming increasingly sophisticated, and with record numbers getting ready to do their Christmas shopping online, Barclays is warning of a perfect storm for seasonal online theft.
CQG Announces Strategic Leadership Changes to Support CQG China Launch
- 8 years 9 months ago
- Data
CQG has had a focused effort to add China to its global network of data and execution. With the imminent launch of this initiative, the firm announced today that Rod Giffen, President, CQG, has relocated to China and will serve in the newly created position of President, CQG APAC. Ryan Moroney will return to CQG to assume the new role of President, CQG Europe and the Americas.
Metavine’s Crowd Machine Unveils Their Vision For The Next Evolution of Blockchain
- 8 years 9 months ago
- Blockchain
Craig Sproule, a veteran developer, and the Metavine Lab responsible for the highly sophisticated Metavine Genesis™ product, have today unveiled a prototype for the next evolution of blockchain and the creation of fully decentralized applications called
