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AI – the Hidden Weapon in the Battle Against Financial Crime

Fraud is a million-pound problem with one in fifteen people falling victim every year, making it one of the most common crimes in the UK. To combat financial crime, the industry has been investing heavily in its security system, fraud prevention initiatives and technology. However, the financial criminals are continuously adapting their methods and the battle against fraud rages on.

Thursday, August 19, 2021 - 14:14
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/blog/ai-aml-financialcrime/ai-hidden-weapon-battle-against-financial-crime
Financial IT
Mars Growth, a Liquidity Group Fund, Provides Fusion Sport with a $5.5M Facility, with 24 Hour Due Diligence Using “DYNAMiCS” Platform

Mars Growth Capital, a fund division of the Fintech company Liquidity Capital and MUFG Fund, has announced the closing of a $5.5M financing agreement with the Australian-based sports performance tech company Fusion Sport to drive their international expansion.

Thursday, August 19, 2021 - 13:53
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/news/fundraising-news/mars-growth-liquidity-group-fund-provides-fusion-sport-55m-facility-24-hour
Financial IT
Baton Systems Completes Connection to ICE Clear Europe: Allowing FCMs To Automate Collateral Movements Through Baton to One of the Largest CCPs Globally

With ICE integration complete by Baton, clearing firms will be able to automate collateral management across 5 Major CCPs, together comprising more than 73% of margin, placed by U.S. registered FCMs

Citi became first FCM to connect to ICE Clear Europe

Thursday, August 19, 2021 - 13:40
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/news/banking/baton-systems-completes-connection-ice-clear-europe-allowing-fcms-automate-collateral
Financial IT
Simplifya Announces the Appointment of Mercury Payment Systems Inc. and MassPay Incorporated Cofounder Jeffrey B. Katz to Its Board of Directors

Katz Brings 20 Years of POS, Fintech, Technology, Investment and Leadership Expertise to the Regulatory and Operational Compliance Software Company as It Prepares to Launch the Cannabis Industry’s Most Compliant, Cyber-Secure B2B and Retail Consumer Payment Solution

Thursday, August 19, 2021 - 13:25
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/news/investment/simplifya-announces-appointment-mercury-payment-systems-inc-and-masspay-incorporated
Financial IT
MuchBetter Enters Sponsorship Deal with Real Betis Balompié

Three year deal will make supporting Real Betis a simpler and more rewarding experience

MuchBetter, the award-winning e-wallet has entered a three-year sponsorship agreement with Spanish La Liga team Real Betis Balompié

Thursday, August 19, 2021 - 13:14
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/news/payments/muchbetter-enters-sponsorship-deal-real-betis-balompie
Financial IT
WestStar Adopts nCino to Improve Customer Experience

Enforce helps WestStar implement nCino platform to increase speed and simplify loan origination process

Thursday, August 19, 2021 - 12:36
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/news/banking/weststar-adopts-ncino-improve-customer-experience
Financial IT
Cuckoo Snaps up Senior Hires from Leading Tech Firms

Cuckoo, the UK’s most loved national broadband provider, has announced a string of senior hires joining from some of the UK’s leading tech companies including Just Eat, Monzo and Bulb. Following growth of over 250% so far this year, the broadband challenger has doubled its headcount in just 12 months. 

Thursday, August 19, 2021 - 12:10
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/news/trading-systems/cuckoo-snaps-senior-hires-leading-tech-firms
Financial IT
REVEALED: Top 10 Best Funded Start-ups Created After January 2020
  • Specialist insurance firm Inigo Ltd is the best funded start-up of 2020-21, with $800,000,000 raised since launching in 2020
  • Also within the top 10 is Genesis Digital Assets, a bitcoin mining operator
  • Seven London-based businesses dominate the top 10

Specialist insurance firm Inigo Limited is the best-funded start-up of 2020-21, a new study reveals.

Thursday, August 19, 2021 - 11:50
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/news/fundraising-news/revealed-top-10-best-funded-start-ups-created-after-january-2020
Financial IT
Open Banking Initiative Canada and Open Banking Expo Team up to Turbocharge Open Banking Community Growth Across Canada

- Open Banking Initiative Canada (OBIC), which is a not-for-profit advocacy organization gathering great minds in finance, technology, and regulation, to advance Open Banking as an innovative and inclusive force for good, has partnered with Open Banking Expo, a global community of Open Banking and Open Finance executives responsible for digital transformation across the financial services sector, to boost the growth of Open Banking and Open Fi

Thursday, August 19, 2021 - 11:30
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/news/banking/open-banking-initiative-canada-and-open-banking-expo-team-turbocharge-open-banking
Financial IT
GBT - Near Vertical Incidence Skywave (NVIS) Antenna Technology Being Tested

GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is now testing - Near Vertical Incidence Skywave (NVIS) Antenna Technology for its Infinia long range communication. The NVIS technology is targeted to assist with dead zone coverage. Typical HF radio waves reach very long distances but there is the challenge of covering the skip zones.

Thursday, August 19, 2021 - 11:15
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/news/data/gbt-near-vertical-incidence-skywave-nvis-antenna-technology-being-tested
Financial IT

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