All content with RSS

DTCC Processes Record Volumes Across Services Amid Market Volatility

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced significant achievements in handling unprecedented market volatility, showcasing the firm’s robust technology infrastructure, resiliency, and risk management capabilities. During the recent market volatility, DTCC reached new peak values and volumes across platforms and services.
 

Wednesday, April 23, 2025 - 13:20
64894
/news/infrastructure/dtcc-processes-record-volumes-across-services-amid-market-volatility
Financial IT
Juspay Establishes Asia Pacific Hub in Singapore

Juspay, a global leader in payment infrastructure solutions for enterprises and banks, has announced the opening of a new office in Singapore. This marks a significant milestone in the company's international expansion, reflecting its commitment to a growing customer base in Asia Pacific countries.

Wednesday, April 23, 2025 - 13:15
64893
/news/infrastructure/juspay-establishes-asia-pacific-hub-singapore
Financial IT
Cardlay Achieves Milestone in Mobility Segment, Joins Visa Ready Program to Shape the Future of Fleet Spend Management

Cardlay, a pioneering Danish fintech company, proudly announces its expanded collaboration with Visa, marking a significant milestone by joining the Visa Ready Partner Program. As a white label frontend software solution, Cardlay is committed to transforming fleet spend management with Visa, addressing the evolving demands for innovative digital solutions within the mobility segment.

Wednesday, April 23, 2025 - 12:08
64892
/news/management/cardlay-achieves-milestone-mobility-segment-joins-visa-ready-program-shape-future
Financial IT
Broadridge Expands Nordic Team to Help Clients Navigate Market Change and Drive Growth

Broadridge Financial Solutions, Inc. , a global Fintech leader, today announced the expansion of its Nordic team with the appointments of Axel Josephson and Albin Andersson as Sales Directors, further solidifying the company's commitment to investment and client service in the region. Josephson and Andersson will both be responsible for driving sales for Broadridge, helping firms across the region to transform operational efficiency, capitalise on technology innovation, and grow.

Wednesday, April 23, 2025 - 11:39
64891
/news/people-moves/broadridge-expands-nordic-team-help-clients-navigate-market-change-and-drive
Financial IT
Creditspring Supports Borrowers with Over £430 Million in Affordable Short-Term Credit Amid Rising Financial Pressures

Responsible lender, Creditspring, has provided £500 million in affordable short-term loans to borrowers since launch.

During Q1 2025, Creditspring members borrowed £58.8 million as demand for financial support continues – compared to £44.7 million last year. In total, Creditspring has provided over 1.1 million borrowers with affordable credit since launch.

Wednesday, April 23, 2025 - 11:37
64890
/news/lending/creditspring-supports-borrowers-over-ps430-million-affordable-short-term-credit-amid
Financial IT
Nationwide Building Society Extends Partnership With Visa to Advance Account-to-Account Payments

Visa announces today that it has been chosen by Nationwide to deliver Debit and Credit card products to its current account and credit card customers, who form part of the building society’s 16 million members. This extends a 35-year partnership between the two companies, as Nationwide retains Visa as its leading scheme provider.

Wednesday, April 23, 2025 - 09:22
64889
/news/banking/nationwide-building-society-extends-partnership-visa-advance-account-account-payments
Financial IT
Is Traditional Banking at Risk? 85% of Organizations Are Turning to Digital-First Alternatives Over Clunky KYC Processes

Corporate banks are grappling with a major client growth and retention challenge, a new survey from Encompass Corporation, a leader in Know Your Customer (KYC) automation and corporate digital identity, reveals. Frustrated by friction in traditional banking transactions, 85% of organisations are actively considering a move to digital-first banks in search of a more seamless onboarding experience.

Wednesday, April 23, 2025 - 09:19
64888
/news/aml-and-kyc/traditional-banking-risk-85-organizations-are-turning-digital-first-alternatives
Financial IT
Leeds Building Society Launches Pilot Digital Savings Offering on Mambu's Cloud Banking Platform

Leading cloud banking platform Mambu announces today that the UK’s fifth largest building society, 

Wednesday, April 23, 2025 - 09:02
64887
/news/cloud/leeds-building-society-launches-pilot-digital-savings-offering-mambus-cloud-banking
Financial IT
Gatehouse Bank Reduces Rental Rates on Buy-to-Let Products for UK Expats and International Residents

Gatehouse Bank has today announced a rental rate* reduction of 0.24% across its full range of two-year fixed term Buy-to-Let (BTL) Purchase Plans, available to UK Expats and International Residents

Wednesday, April 23, 2025 - 08:57
64883
/news/lending/gatehouse-bank-reduces-rental-rates-buy-let-products-uk-expats-and-international
Financial IT
Hokodo Secures €10M Equity Raise Led by Korelya Capital and Opera Tech Ventures for Digital Trade Credit Product Innovation

Pan-European digital trade credit provider Hokodo has today announced a new €10 million equity fundraising round co-led by Korelya Capital and Opera Tech Ventures (the corporate venture fund of global bank BNP Paribas). Two of Hokodo’s Series B investors – Mundi Ventures and Notion Capital – also participated in the round.

Wednesday, April 23, 2025 - 08:53
64882
/news/fundraising-news/hokodo-secures-eu10m-equity-raise-led-korelya-capital-and-opera-tech-ventures
Financial IT

Pages