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Tide Launches ESOP Secondary Sale Programme After an Oversubscribed Series C Round

Tide, the UK's leading business financial platform, which began operations in India in 2020, recently facilitated the secondary sale of Employee Stock Ownership Plan (ESOPs) to investors for its employees in India, Bulgaria and the UK, following its recent Series C funding, due to oversubscription. Approximately 50-percent of all permanent employees have been allotted ESOPs at various levels across all departments.

Monday, October 11, 2021 - 09:42
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/news/fundraising-news/tide-launches-esop-secondary-sale-programme-after-oversubscribed-series-c
Financial IT
PPS Powers Sprive, The World’s First Mortgage Overpayment Platform

PPSan Edenred company, today announces its partnership with UK-based Sprive, the first of its kind mortgage overpayment app designed to help homeowners become mortgage free faster and save interest.

Monday, October 11, 2021 - 09:31
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/news/lending/pps-powers-sprive-worlds-first-mortgage-overpayment-platform
Financial IT
Finastra Introduces Instant Onboarding for Cloud Payments Technology

Move provides fast and automated onboarding for financial institutions via open APIs, enabling them to bring innovative payments solutions to customers at speed

Monday, October 11, 2021 - 08:58
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/news/apis/finastra-introduces-instant-onboarding-cloud-payments-technology
Financial IT
Keeping Data Safe During Online Investments

People say the '20s are an age full of temptation. The temptation to shop for hype goods, hang out, travel, and eat anything is dramatically rising. Filling the temptation in the name of enjoying life often makes you forget about long-term plans. Finally, when you enter your 30s, you regret that decision, with the condition that there was not much investment and savings for the future.

Friday, October 8, 2021 - 20:22
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/news/investment-management/keeping-data-safe-during-online-investments
Financial IT
Comment: US Unemployment Drop could Imply Progress in the Eyes of the Fed

Commenting on the drop in US unemployment and the Fed’s tapering schedule, Caleb Thibodeau - Associate, Global Capital Markets for Validus Risk Management, said: “Today’s jobs report has sent somewhat of a mixed signal, with a big miss in payroll figures versus expectations, yet a 0.3% drop in the unemployment rate to a fresh low since the beginning of the pandemic. This drop in unemployment to 4.8% appears to be a result of fewer Americans actively searching for new work.

Friday, October 8, 2021 - 16:12
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/blog/riskmanagement-capital-unemployement/comment-us-unemployment-drop-could-imply-progress-eyes-fed
Financial IT
Profile Software at TSAM London Live 2021 Showcasing its Award-winning Investment Management Platform

Profile Software, an international financial solutions provider, announced today its participation, at TSAM London 2021, the leading Summit for Asset Management in the financial domain, taking place on 13th October 2021 at Park Plaza Westminster Bridge, London, UK.

Friday, October 8, 2021 - 16:06
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/news/securities-services/profile-software-tsam-london-live-2021-showcasing-its-award-winning
Financial IT
Nearly half of all ATMs now Offer Automated Deposit Functionality

The number of automated deposit ATMs continued to grow in 2020, driven by branch transformation initiatives and the continuing migration of cash transactions away from the teller

Banks are smartening their approach to self-service banking

Friday, October 8, 2021 - 15:57
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/news/payments/nearly-half-all-atms-now-offer-automated-deposit-functionality
Financial IT
Fintech CEO: Report on Cross Border Payments Shows CBDCs are Gamechanger

 Last week, a report on phase two of Project Inthanon-LionRock (IL2), a cross-border payments experiment, was released. The testing, which featured China, Thailand, and the United Arab Emirates as participants, as well as Hong Kong Monetary Authority and the Bank for International Settlements Innovation Hub produced stunning results utilizing Hyperledger Besu.

Friday, October 8, 2021 - 15:27
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/news/payments/fintech-ceo-report-cross-border-payments-shows-cbdcs-are-gamechanger
Financial IT
USD Concedes Ground against main peers Following NFP Miss

Commenting on the market reaction as US Nonfarm Payrolls miss expectations by a wide margin, Olivier Konzeoue, FX Sales Trader at Saxo Markets, said: “US Nonfarm Payrolls came out below expectations at 194k vs 500k, whilst the unemployment at rate 4.8% suggests a tight job market with rising wage growth and a participation rate still miles away from pre-pandemic levels.

Friday, October 8, 2021 - 15:06
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/blog/payment/usd-concedes-ground-against-main-peers-following-nfp-miss
Financial IT
NTPC Ltd. pays Final Dividend of Rs. 3,054.45 crore for FY 2020-21

 For the financial year 2020-21, NTPC Ltd. has paid final dividend of Rs. 3,054.45 crore, being 31.5% of the paid-up equity share capital of the Company.

Friday, October 8, 2021 - 15:02
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/news/payments/ntpc-ltd-pays-final-dividend-rs-305445-crore-fy-2020-21
Financial IT

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