Bolero International, the leading trade finance digitisation expert has appointed Andrew Raymond as its new global head of sales. Raymond will leverage his 25-plus years’ global experience in the fintech market to drive further growth in the number of organisations using Bolero’s cloud-based services.
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Commonwealth Bank data shows older Australians are increasingly using technology to manage their finances, with strong ATM usage and a big uplift in online banking.
In addition, one in four customers over 65 is now banking digitally through NetBank and CommBank app - a 41 per cent increase over the last two years.
Business finance company MarketInvoice has signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform. This will fund working capital solutions for businesses across the UK.
Overall, sums advanced to UK businesses from institutional investors via MarketInvoice have increased more than 4-fold since 2014 from £27.8m to £116.3m in 2017. Cumulative funding from institutions stands at £296.2m which represents a quarter (26%) of the total funds advanced to UK businesses.
FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that FactSet Digital Solutions has developed a new online broker offering for Banco Santander Totta in Portugal. FactSet Digital Solutions provides digital investment solutions for retail banking, private banking, wealth management, online brokerage, advisory and the media based on flexible technology and comprehensive support and hosting for integrated digital services and applications.
eWise, a leading international provider of financial data aggregation and data analytics APIs, is now giving free access to Categorisation-as-a-Service (CaaS) API, allowing early stage developers to quickly test their business solutions.
eWise CaaS automatically categorises users’ financial transactions. It is available as a standalone API that can be integrated directly within the developer’s app or can be connected with eWise Aegis data aggregation platform.
Barings, one of the world's leading asset management firms with over $288 billion in assets under management, has announced that it will absorb external investment research costs when the latest expansion of the Markets in Financial Instruments Directive (MiFID) is implemented. This encompasses all of the firm's global equity, multi-asset and fixed-income portfolios impacted by MiFID II, scheduled to take effect on January 3, 2018.
Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, has partnered with BOLTS Technologies to provide financial institutions with a fast, secure online account opening solution that improves the customer onboarding experience while driving profitability for the institution.
Synechron, Inc, the global financial services consulting and technology services provider, in partnership with Efma, has today released a report revealing that C-suite banking executives largely believe that the future of the bank branch is bright, with the proper investment into digital transformation.
Despite the rapid growth in online retail, the vast majority of sales still happen in a brick and mortar setting. The physical store environment continues to be an invaluable part of the retailer playbook to help drive a great shopping experience. From a consumer perspective, the lines between digital and physical are being removed and they’re seeking a consistent and unified shopping experience across each channel. The future of retail is redesigning the physical store to make the shopping experience as digitally savvy as the shopper itself.
3Gtms, Inc., a global provider of Tier 1 transportation management software (TMS), announced that it has named Chris van der Harst to the new position of managing director, EMEA.