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UK SMEs in Jeopardy as Bank Lending Dries Up

New research from independent SME funder, Bibby Financial Services (BFS), highlights a significant threat to the UK economy as banks appear to be retreating from lending to small businesses.

Thursday, October 12, 2023 - 09:18
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Financial IT
ITRS and GCI Consulting Announce New Partnership to Provide World-class Monitoring Systems to Temenos Users

ITRS, leading provider of real-time estate monitoring and analytics software to global financial institutions, has announced a new partnership with GCI Consulting, the worldwide Temenos implementation leaders, to provide monitoring systems to its users.

Thursday, October 12, 2023 - 09:15
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Financial IT
Mastercard Demonstrates Interoperable CBDC for Trusted Web3 Commerce in Australia and Beyond

Mastercard today announced that it has successfully demonstrated capabilities of a new solution that enables CBDCs to be tokenised (or “wrapped”) onto different blockchains, providing consumers with a new option to participate in commerce across multiple blockchains with increased security and ease.

Thursday, October 12, 2023 - 08:42
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Financial IT
FBS Awarded for Best Islamic Forex Account

FBS, a leading global broker, received the Best Islamic Forex Account award from the Forex Expo Dubai. Excellence in this nomination recognizes FBS’s commitment to improving people's access to financial markets and inclusion in trading.

Thursday, October 12, 2023 - 08:38
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Financial IT
LUNA Raises Funds from TNB Aura and Seedstars to Become Indonesia’s Vertical SaaS platform for Retailers

LUNA, an Indonesian embedded fintech and vertical SaaS platform for retailers and MSMEs, today announced the completion of a round of financing led by TNB Aura through its TNBA Scout initiative, with participation from Seedstars as well as existing investors 1982 Ventures, Century Oak Capital, and Prasetia Dwidharma. 

Thursday, October 12, 2023 - 08:28
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Financial IT
Matic Raises $20M Series B Extension Up-Round With New Investors

Matic, a leading embedded insurtech platform, announced it raised $20 million as an extension to its Series B. The round includes $17 million in Series B equity co-led by IA Capital Group and Cultivation Capital with participation from existing investors and the majority led by new investors, including Intuit Ventures, TruStage Ventures, and Assurity Ventures. Concurrently, Matic upsized its credit facility by $3 million, bringing new liquidity to $20 million.

Thursday, October 12, 2023 - 08:19
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Financial IT
Bitso Adds Support to ARB Token and Lists New Layer 2 Network: Arbitrum, to Enhance Ethereum Scalability

Starting on October 10th, the ARB token is available through Bitso —the leading financial services company powered by crypto in Latin America— as part of a collaboration with Arbitrum that also includes the integration of this network into the platform to increase the efficiency and performance of Ethereum network.

Thursday, October 12, 2023 - 08:16
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Financial IT
Provenir Garners Credit Strategy Lending Awards 2023 Finalist Honors for ‘Best Technology Partner’

Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a Credit Strategy Lending Awards 2023 finalist in the “Best Technology Partner” category.

Thursday, October 12, 2023 - 08:13
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Financial IT
additiv and SELISE, Swiss Fintech Leaders, Enter Strategic Partnership to Propel Digital Financial Innovation

In a move set to reshape the landscape of financial services, additiv, a global leader in Fintech and embedded finance, and SELISE, a  specialist in digital platform execution, announce a strategic partnership. This collaboration combines the revolutionary API-first cloud platform of additiv with the tailored services of  SELISE, establishing new benchmarks in wealth management, credit, and insurance solutions. 

Thursday, October 12, 2023 - 08:10
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Financial IT
Glia’s Digital Interaction Solutions Now Available within Lumin’s Digital Banking Platform via New Partnership

Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automated self-service on a single platform, has partnered with Lumin Digital, the leader in cloud-native digital banking solutions, to streamline digital-first member service. Glia’s DCS capabilities are now integrated into Lumin's online banking platform, enabling quicker, effortless member support.

Thursday, October 12, 2023 - 08:02
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Financial IT

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