Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced today that PayActiv will enhance employee financial wellness by streamlining access to earned wages with money movement capabilities
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PPRO, the cross-border e-payments specialist has rebranded, marking a shift in both the future of the company and the payments industry.
The Financial Data Exchange welcomed eight new members between May 1 and July 31, 2019, bringing the total membership to 55 organizations spanning the full breadth of financial services ecosystem, from financial institutions to data aggregators, banking core processors and fintechs.
The Berlin-based fintech Raisin continues to expand. Following the successful conclusion of ownership control procedures by Germany’s Federal Financial Supervisory Authority (known as BaFin), Raisin has taken over MHB-Bank as sole owner, thus becoming the first fintech in Germany to buy a bank. Since Raisin launched in 2013, the Frankfurt-based bank has been Raisin’s servicing bank in Germany and Austria. From this business partnership a close cooperation has developed.
Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual procurement processes, which is costing UK businesses on average £1.94m annually* and limiting procurement teams’ ability to deliver more strategic value.
BearingPoint RegTech, one of the leading providers of Regulatory and Risk Technology (RegTech/RiskTech), announced today that they are developing a solution for the integration of the SAP Financial Services Data Management (FSDM) data model on Abacus360 Banking for use in regulatory reporting in a joint project with their customer Berlin Hyp and cooperation partners SAP and okadis Consulting GmbH.
Blockchain Live returns to London for its third year on the 25th of September, gathering industry leaders and innovators to discuss the applications and impact of blockchain across various industries.
Empaxis has selected InvestCloud, Inc. to launch a new Turnkey Asset Management Platform, TAMP1. The product has been designed to provide complete outsourcing of all operations for small- to medium-sized investment managers.
Temenos (SIX: TEMN), the banking software company, today announced it is strengthening its Executive Committee and North America leadership team, following its previously announced acquisition of Kony, Inc., the fast growing US #1 digital banking SaaS company.
Thomas E. Hogan, Chairman and CEO of Kony, will be appointed as the President of Temenos North America and a member of the Temenos Executive Committee. This appointment will become effective upon the completion of the Kony acquisition, expected by early Q4 2019.