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Bolero appoints Andrew Raymond as head of sales

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.

Wednesday, September 20, 2017 - 09:23
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Financial IT
CommBank Data Shows Shift Away from Branch Transactions Traditionally Used by Older Australians

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.

Older Australians continue to embrace banking technology, with CommBank data showing 50 per cent customers over the age of 65 use ATMs. 

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. 

Wednesday, September 20, 2017 - 08:36
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MarketInvoice Signs Deal with Germany's Varengold Bank

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.

Wednesday, September 20, 2017 - 08:30
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FactSet Digital Solutions Develops New Online Broker Offering for Banco Santander Totta

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.

Wednesday, September 20, 2017 - 08:24
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eWise Introduces Free Trial of Categorisation-as-a-Service API for Developers

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.

Wednesday, September 20, 2017 - 08:21
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Barings to Absorb External Research Costs Resulting from MiFID II Implementation

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.

Wednesday, September 20, 2017 - 08:18
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Baker Hill Partners with BOLTS Technologies to Offer Streamlined Account Opening Option that Drives Profitability for Financial Institutions

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. 

Wednesday, September 20, 2017 - 08:15
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Synechron: Global Banks Look at Changing Model to Improve Customer Experience Through Digitization

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. 

Wednesday, September 20, 2017 - 08:05
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Redesigning Checkout for the Next Generation of Retail

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. 

Wednesday, September 20, 2017 - 08:00
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3Gtms Names Managing Director of EMEA

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.  

Wednesday, September 20, 2017 - 07:52
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