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Trading Technologies and ATEO Enter into Strategic Partnership to Deliver Best-in-class Post-trade Allocation Services

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and ATEO Finance, a leading provider of post-trade solutions for the financial industry, announced that the firms have entered into a strategic partnership to deliver a fully integrated, comprehensive post-trade allocation service for sell-side banks, brokers and futures commission merchants (FCMs).

Monday, November 14, 2022 - 13:15
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Financial IT
BeZero Carbon Raises $50 Million to Accelerate the Net Zero Transition Through Carbon Ratings

Carbon rating agency BeZero Carbon has today announced a $50 million Series B funding round. The funds will be used to drive innovation in environmental markets through the development of ratings, risk and analytics tools. 

Monday, November 14, 2022 - 13:11
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Financial IT
Genesis Global Launches Partner Program to Accelerate Software Innovation in Financial Services

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced partnerships with Chenoa Information Systems, Flylance, Future Workforce, Luxoft, a DXC Technology Company,

Monday, November 14, 2022 - 13:05
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Financial IT
Arion Bank and Lucinity Join Forces in the Fight Against Money Laundering

Arion Bank has announced it will implement Lucinity's technology to help strengthen its defences against money laundering and contribute to a safer financial system. Lucinity's software solution uses the latest artificial intelligence technology to detect money laundering and make it easier for financial companies to spot and resolve such issues more efficiently.

Monday, November 14, 2022 - 13:01
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Financial IT
Klarna Launches Price Comparison Tool to Help Consumers Shop Smarter

Klarna's push to create an all-pupose shopping app has been boosted further with the inclusion of a price comparison tool for the cost-conscious consumer.

The new tool compares prices across thousands of retailers and enables customers to filter their search by including colour, size, features, customer ratings, store availability and shipping options.

Monday, November 14, 2022 - 11:23
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Financial IT
Divido Continues to Bolster C-suite with Appointment of Gaz Lloyd-Owen as CPO

Gareth “Gaz” Lloyd-Owen has been appointed Chief Product Officer at UK-based checkout finance platform provider Divido.

·       Gaz to be tasked with the development of Divido’s highly-configurable, secure and scalable whitelabel platform

·       Seeks to differentiate Divido platform from others in “Buy Now, Pay Later” vertical 

Monday, November 14, 2022 - 11:18
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Financial IT
Open Finance Advisors Launches in Australia to Support Access to Open Banking

Today, Brenton Charnley, ex-CEO of TrueLayer Australia & New Zealand, launches Open Finance Advisors, a specialist consultancy to help Australian and global businesses access open banking and make open finance a reality through the Consumer Data Right (CDR). 

Monday, November 14, 2022 - 11:06
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Financial IT
With More Households Managing Month to Month, Paying by Subscription Helps Consumers Hack the Cost of Living Crisis

While more consumers than ever switch to subscriptions to manage their spending, the problem of frictionless recurring payments persists, and is something banks should resolve, according to new fintech research. In a flight to flexibility, 1 in 3 customers (37%) will switch banks to achieve a better recurring payment experience. 

Monday, November 14, 2022 - 10:53
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Financial IT
Bibby Financial Services Pledges £1B to Help SMEs

International SME financier, Bibby Financial Services (BFS), has renewed its UK securitisation arrangement for a further three years to boost its support for businesses during a period of ongoing economic turbulence.

The refinance deal led by Lloyds Bank alongside HSBC, Barclays Bank PLC, BayernLB and with participation from funds under the management of Insight Investment, sees BFS’s total funding capacity increase to more than £1bn.

Monday, November 14, 2022 - 10:33
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Financial IT
Facctum Expands Team with Two New Hires

Facctum, a risktech company specialising in cloud-delivered enterprise risk decisioning technology, today announces the expansion of its team with the appointment of Jörg Herzhoff as Director of Business Development, Europe and Grant Marshall as a Senior Consultant.  

Monday, November 14, 2022 - 10:14
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Financial IT

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