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Railsbank Raises $37 Million Growth Funding

Railsbank, the leading global Banking-as-a-Service (BaaS) platform, has raised USD37 million as part of continued equity funding to support its global

Thursday, November 12, 2020 - 12:33
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/news/investment/railsbank-raises-37-million-growth-funding
Financial IT
FinecoBank Continues UK Growth Surge as Volatile Markets Drive Active Investors to Trade More

FinecoBank, one of Europe’s leading fintech banks, reported record volumes from its UK client base this quarter, following a successful H1 this year. Fineco’s active current accounts increased 55% from March to September 2020 compared to the same period in 2019, while active current accounts on trading more than tripling on a yearly basis.

 Highlights:

·            Overall Fineco recorded robust net profit of € 246 million in the first nine months of the year (+23% y/y).

Thursday, November 12, 2020 - 12:23
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/news/investment/finecobank-continues-uk-growth-surge-volatile-markets-drive-active-investors-trade
Financial IT
Zoho Announces Partnership with Tata Consultancy Services

Today, global technology company Zoho announced a strategic alliance with Tata Consultancy Services (TCS) to provide superior Customer Relationship Management, IT Service Management and

Thursday, November 12, 2020 - 12:11
36251
/news/e-commerce/zoho-announces-partnership-tata-consultancy-services
Financial IT
Instanda Launches New Marketplace, Allowing Insurers Access to Over 200 Integrated Platforms

Today, INSTANDA, the leading end to end digital platform for the insurance industry, announces the launch of its integration marketplace, a virtual marketplace that allows insurers to pick and choose pre-integrated technology solutions.

Thursday, November 12, 2020 - 12:02
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/news/insurtech/instanda-launches-new-marketplace-allowing-insurers-access-over-200-integrated
Financial IT
TransFICC Announces New Head of Sales

TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, today announced the appointment of Gary Vann as Head of Sales.

Thursday, November 12, 2020 - 11:48
36249
/news/people-moves/transficc-announces-new-head-sales
Financial IT
Government Initiatives to Promote Cashless Payments Drive Increase in Card Acceptance

Latest research predicts that the global number of outlets accepting cards will near 100 million by the end of 2025. The COVID-19 pandemic has accelerated the move to contactless payments, which will boost card acceptance

Nearly a million new card-accepting outlets in India in 2019

Thursday, November 12, 2020 - 11:29
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/news/payments/government-initiatives-promote-cashless-payments-drive-increase-card-acceptance
Financial IT
United Fintech Launches to Transform Banks & Fintechs in Capital Markets

United Fintech, a ground-breaking new concept which enables banks and financial institutions to accelerate access to innovative digital technology from a wide range of fintechs specialising in capital markets, launches today.

United Fintech will provide banks and financial institutions with easy access to the newest technology and accelerate implementation of these proven solutions. Its focus is on facilitating banks and financial institutions in their transition to a digital world.

Thursday, November 12, 2020 - 11:11
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/news/fintech-startups/united-fintech-launches-transform-banks-fintechs-capital-markets
Financial IT
Tribe Payments Launches Open Banking APIs

Tribe Payments, an issuer/acquirer processor and payment technology provider, today launched Open Banking APIs in partnership with Open Banking Europe.

Thursday, November 12, 2020 - 11:04
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/news/apis/tribe-payments-launches-open-banking-apis
Financial IT
iwoca to Lend Over £200 Million to SMEs Before CBILS Applications Close in January

iwoca, one of Europe’s largest small business lenders, has laid out its ambitions to lend an additional £100 million to businesses through the Coronavirus Business Interruption Loan Scheme (CBILS) before applications close on 31st January 2021. This will bring its total lending to over £200 million. 

Thursday, November 12, 2020 - 10:38
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/news/covid-19/iwoca-lend-over-ps200-million-smes-cbils-applications-close-january
Financial IT
Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos

Temenos (SIX: TEMN), the banking software company, today published a new report by The Economist Intelligence Unit (EIU) based on an analysis of over 10 million online conversations in public forums about personal finance.

Thursday, November 12, 2020 - 08:42
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Financial IT

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