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Digital Banking Market to Hit $2.5T Transaction Value in 2021, a Massive 70% Jump in a Year

Even before the pandemic, the global digital banking market had been growing rapidly, with millions of people choosing an app or web-based bank over a traditional high-street financial institution.

However, the COVID-19 had accelerated the shift to digital banking like never before, as customer expectations changed during the pandemic.

Tuesday, June 8, 2021 - 13:57
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Financial IT
GovGrant Launches Elevation Platform to Empower Accountants with R&D and IP

GovGrant, the R&D and IP specialists, has today announced the launch of its Elevation platform, a new tool which will empower accountants to take control of R&D tax claims and support them through the process with access to additional expert help and resources as required. The platform helps accountants handle claims for clients spending up to £35,000 on their R&D more efficiently.

Tuesday, June 8, 2021 - 13:52
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Financial IT
RBI's Digital Basket – Simple Loans for Scale-ups for the First Time
  •  € 100 million for online companies that have outgrown the start-up phase ∙ Loan volume between € 1 and € 7 million 
  •  RBI one of the first corporate banks to offer targeted debt capital for digital  industries 

Raiffeisen Bank International (RBI) has launched one of the largest European  financing programs for digital growth companies. With a total volume of € 100  million, online companies that have already outgrown the early start-up phase will  be supported.  

Tuesday, June 8, 2021 - 13:40
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Financial IT
Digital Solutions to Enhance, not Replace, Human Advisers in Post-Pandemic Financial Services

Ignition, the global provider of advice technology, and Altus Consulting, specialist provider of consultancy services to the financial services sector, have today launched a blueprint for improving the use of digital capabilities in the financial advice market.

Tuesday, June 8, 2021 - 13:34
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/news/financial/digital-solutions-enhance-not-replace-human-advisers-post-pandemic-financial-0
Financial IT
Kompli-Global Сhallenges Businesses in the Payments and Wider Financial Services Sector to Enter the Tent and Beat the Fraudsters in a ‘Bake-Off’

With fraudsters becoming increasingly smarter and more collaborative in trying to get round those systems with the weakest links to commit their fraudulent crimes, now more than ever is the time for payments and wider financial services businesses to ensure they have all the right ingredients to stop fraud.

Tuesday, June 8, 2021 - 13:22
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/news/payments/kompli-global-shallenges-businesses-payments-and-wider-financial-services-sector-enter
Financial IT
Glue42 and Deephaven Join Forces to Manage Pre-Trade Risk at Top 10 Hedge Fund

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Deephaven Data Labs, a start-up that provides capital markets participants with a next-generation data platform, are collaborating to reveal actionable insights from massive datasets. Initial use cases include more effective management of pre-trade

Tuesday, June 8, 2021 - 13:00
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/news/data/glue42-and-deephaven-join-forces-manage-pre-trade-risk-top-10-hedge-fund
Financial IT
Alibaba Cloud Launches New Livestreaming E-commerce Solution at Its Cloud Summit

Over 20 new offerings announced including cloud OS upgrade and cloud-native database 

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled a new one-stop e-commerce livestreaming solution to help global merchants of all sizes launch live, interactive channels to offer personalised online shopping experience. Livestreaming e-commerce solutions are quickly evolving as a response to the increasing demand during the COVID-19 pandemic.

Tuesday, June 8, 2021 - 12:44
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/news/cloud/alibaba-cloud-launches-new-livestreaming-e-commerce-solution-its-cloud-summit
Financial IT
Yapily Launches Bulk Payments Service with Comma in the UK

Yapily, the leading Open Banking infrastructure provider, has today announced the launch of its new Open Banking bulk payments service, with Comma, the SME payments platform, already live and benefiting from the service in the UK. 

Tuesday, June 8, 2021 - 12:36
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/news/open-banking/yapily-launches-bulk-payments-service-comma-uk
Financial IT
Global Payment Solution Provider Reach Supports its Rapid Growth with New CTO

 Reach, the global payment localisation provider, has appointed Tyler Barry as Chief Technical Officer to support the business’ continued success throughout 2021 and beyond.

Tuesday, June 8, 2021 - 12:26
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/news/payments/global-payment-solution-provider-reach-supports-its-rapid-growth-new-cto
Financial IT
Arkéa Banking Services Selects Finastra’s Fusion Risk to Support Operational Transformation of Financial Institutions in France

Finastra today announced that Arkéa Banking Services, a subsidiary of Crédit Mutuel Arkéa and a major player in the provision of banking and insurance services in France, has selected Finastra’s Fusion Risk solution to help streamline operational processes and reduce operational costs for local banks.

Tuesday, June 8, 2021 - 12:15
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/news/banking/arkea-banking-services-selects-finastras-fusion-risk-support-operational-transformation
Financial IT

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