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B2Broker Shakes Up the Market with Next-Gen Copy Trading Platform

According to The Insight Partners, the copy trading market is poised to grow from $2.2 billion to $4 billion by the decade's end. This growing market presents a critical opportunity for brokers to implement sophisticated copy trading platforms that align with trader expectations.

Wednesday, June 19, 2024 - 12:10
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Financial IT
Dineo Crédito Enters Partnership with Mambu to Revolutionise Ethical Digital Lending in Spain
Dineo Crédito, Spanish microlender part of the international retail leader Cash Converters group, has entered a partnership with Mambu, the leading cloud banking platform.

The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to launch innovative lending products for its growing customer base in Spain.

Wednesday, June 19, 2024 - 09:43
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Financial IT
Number of Growing Sectors Highest in 15 Months

According to the latest Lloyds Bank UK Sector Tracker, more parts of the UK economy grew in May than at any time in the last 15 months. 

While the overall rate of output growth across the economy slowed marginally in May (53.0 vs. 54.1 in April), 11 out of the 14 UK sectors monitored by the Tracker reported output growth – up from eight in April and the most since February 2023. 

Wednesday, June 19, 2024 - 09:24
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Financial IT
Mexican Fintech Unicorn Clip Announces US$100 Million Investment

Clip, Mexico's leading digital payments and commerce enablement platform, today announced that it has secured an investment round of US$100 million from investment funds managed by Morgan Stanley Tactical Value ("MSTV") and from one of the largest, most experienced West-Coast mutual fund managers. The investment values Clip in line with the Series D round completed in 2021.

Wednesday, June 19, 2024 - 09:20
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Financial IT
TerraPay and Thredd Partner to Build the Next Generation of Payment Solutions and Money Movement for Global Travel Providers

TerraPay, a global leader in money movement, has chosen Thredd, a next-generation global payments platform, to power virtual card payments for global suppliers. This strategic partnership aims to develop payment solutions within the travel industry, offering seamless, secure, and compliant virtual card services to intermediaries as part of TerraPay’s cross-border money movement network.

Wednesday, June 19, 2024 - 09:13
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/news/payments/terrapay-and-thredd-partner-build-next-generation-payment-solutions-and-money-movement
Financial IT
Open Banking Could Become a Mainstream Payment Method in 5 Years Time, Surpassing BNPL, emerchantpay Research Finds

New research released today by emerchantpay, a leading global payment service provider and acquirer, has found that there is strong market potential for merchants who prioritise the adoption of Open Banking payments early in their payment strategies.

Wednesday, June 19, 2024 - 09:09
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Financial IT
Zilch Raises £100M Financing Deal to Fuel Expansion Strategy

Zilch, the world’s first ad-subsidised payments network (ASPN), today announces a key £100 million securitised debt financing arranged by Deutsche Bank (DB).

The financing will enable Zilch to grow its business and accelerate Zilch's ability to create and launch new products for a broader base of customers.

Wednesday, June 19, 2024 - 09:04
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Financial IT
Encompass Corporation Appoints Renowned Technical Leader Andrew Dunn as VP of Engineering to Help Bring Corporate Digital Identity Vision to Life
Encompass Corporation, the leader in Corporate Digital Identity (CDI), has boosted its mission to deliver game-changing outcomes for global banks by appointing seasoned technical leader Andrew Dunn to lead its engineering function.  
 
Wednesday, June 19, 2024 - 08:08
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Financial IT
DZ BANK Plans to Revolutionize Trade Finance Customer Service with Surecomp’s RIVO™

Surecomp® today announced that leading trade finance bank DZ BANK AG, has taken the next step in its ambitious plans to use the collaborative trade finance platform RIVO™ to further enhance its digital customer service delivery.

Wednesday, June 19, 2024 - 08:05
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/news/trading-systems/dz-bank-plans-revolutionize-trade-finance-customer-service-surecomps-rivotm
Financial IT
iDenfy Releases Its New Risk Assessment Tool and Completes Its KYC/KYB/AML Compliance Package

iDenfy, a Lithuania-based identity verification and fraud prevention software provider, announced the launch of its new AI-powered customer risk assessment solution. This new easy-to-use platform feature is specifically designed to empower businesses with a comprehensive, automated, and customizable approach to risk management for both Know Your Customer (KYC) and Know Your Business (KYB) compliance.

Wednesday, June 19, 2024 - 08:01
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Financial IT

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