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Atos Accelerates Banco Mercantil's Cloud Journey

Atos, a global leader in digital transformation, was chosen by Banco Mercantil to support its cloud adoption journey through the Google Cloud. The agreement, a five-year term between the bank and Google Cloud, involves an investment of millions of Brazilian reais to migrate all of the bank’s data center servers to the cloud. The project was divided into phases according to the appropriate strategy for each type of workload, aiming to modernize the bank’s operations and optimize its entire technological infrastructure.

Thursday, January 16, 2025 - 13:01
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/news/cloud/atos-accelerates-banco-mercantils-cloud-journey
Financial IT
Kudo Trade Secures Financial Services Commission License In Mauritius

Kudo Trade, a leading innovator in global financial trading services, is proud to announce that it has been granted a prestigious license by the Financial Services Commission (FSC) of Mauritius. The license, numbered GB24203599, underscores Kudo Trade’s commitment to operating at the highest standards of regulatory compliance and delivering exceptional services to its clients worldwide.

Thursday, January 16, 2025 - 11:45
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/news/trading-systems/kudo-trade-secures-financial-services-commission-license-mauritius
Financial IT
Singapore’s Financial Sector Must Brace For Heightened Regulatory Scrutiny And Enforcement Action In 2025

Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced today the findings of its annual report on global financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from US$6.57 billion in 2023 to US$4.6 billion—a reduction of 30%. The APAC region as a whole saw the total penalty value drop by 98%, from US$1.41 billion in 2023 to US$32.1 million. 

Thursday, January 16, 2025 - 10:47
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/news/compliance/singapores-financial-sector-must-brace-heightened-regulatory-scrutiny-and
Financial IT
Manchester City Women Announces Revolut As An Official Global Partner

Manchester City women has today announced a new global partnership with leading financial technology company, Revolut.

It marks Revolut’s first investment in women’s football and adds to Manchester City Women’s growing network of commercial partners.

Revolut’s global presence will provide new opportunities to elevate the visibility of Manchester City Women both in the UK and internationally.

Thursday, January 16, 2025 - 10:42
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/news/infrastructure/manchester-city-women-announces-revolut-official-global-partner
Financial IT
New CEO Appointed To Drive JN Bank UK’s Next Phase Of Growth And Digital Transformation

JN Bank UK is delighted to announce the appointment of Chris Waring as Chief Executive Officer, as the bank accelerates its growth strategy with a clear vision for the future of UK banking. This appointment comes on the heels of a recent £20 million investment from Step One Money UK Limited (SOMU), which will drive the bank’s innovation and support its market expansion.

Thursday, January 16, 2025 - 10:39
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/news/people-moves/new-ceo-appointed-drive-jn-bank-uks-next-phase-growth-and-digital-transformation
Financial IT
British Business Bank Agrees £150M ENABLE Build Transaction With Specialist Bank Shawbrook

The British Business Bank has agreed an ENABLE Build transaction of up to £150m with specialist bank Shawbrook to increase the amount of development finance it provides to UK smaller housebuilders.

Shawbrook has surpassed £2bn of lending to UK property developers, creating over 8,000 new homes. The guarantee is expected to further support over £300m of finance to help fund the creation of new homes across England and Wales over its lifetime.

Thursday, January 16, 2025 - 10:33
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/news/banking/british-business-bank-agrees-ps150m-enable-build-transaction-specialist-bank-shawbrook
Financial IT
10x Banking And DLT Apps Enable Banks To Manage Complex Data Migrations With Confidence And Speed, Driven By AI
10x Banking, the cloud-native core banking platform, and DLT Apps, a leader in innovative solutions for data migration, have partnered to leverage AI to set a new standard in the banking industry's digital transformation efforts. 
 
Thursday, January 16, 2025 - 09:34
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/news/banking/10x-banking-and-dlt-apps-enable-banks-manage-complex-data-migrations-confidence-and
Financial IT
Broadridge Enhances Multi-Asset Post Trade Processing With GenAI-Powered Analytics

To better streamline multi-asset post-trade processing and operational reporting, Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge’s OpsGPT ® application, this new GenAI-powered functionality enables users to generate insights and visualizations directly from their trade data using natural language, eliminating the need for data migration.

Thursday, January 16, 2025 - 09:31
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/news/trading-systems/broadridge-enhances-multi-asset-post-trade-processing-genai-powered-analytics
Financial IT
Recharge Partners With ABN AMRO For £38 Million To Boost Their M&A

Recharge, the European leader in online prepaid payments, today announced it has secured a £38 million facility with ABN AMRO to fuel its ambit

Thursday, January 16, 2025 - 09:19
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/news/fundraising-news/recharge-partners-abn-amro-ps38-million-boost-their-ma
Financial IT
TSB Supports Its Employees Juggling Work And Adult Caregiving With UK’s First Fully Comprehensive Support Service

A new partnership between TSB and KareHero will help the 8 percent of TSB colleagues who juggle work and caring responsibilities by providing them with a personalised, one-stop-shop adult care support service to meet their carer needs.

Thursday, January 16, 2025 - 09:15
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/news/infrastructure/tsb-supports-its-employees-juggling-work-and-adult-caregiving-uks-first-fully
Financial IT

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