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Co-Founder Yi He To Lead Binance’s $7.5B Venture Capital Arm

Binance, the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange, today announced the appointment of its Co-Founder Yi He as the new head of its venture capital (VC) arm and incubator, Binance Labs.

Wednesday, August 3, 2022 - 15:56
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/news/blockchain/co-founder-yi-he-lead-binances-75b-venture-capital-arm
Financial IT
Stock Trading Platform Robinhood Axes Staff

Trading app Robinhood is laying off nearly a quarter of its staff, citing macroeconomic conditions and the cryptocurrency market's crash.

Wednesday, August 3, 2022 - 15:14
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/news/trading-systems/stock-trading-platform-robinhood-axes-staff
Financial IT
Compliance.AI Announces New CEO, Asif Alam, as it Secured $6M with Cota Capital and JAM FINTOP

US RegTech software firm Compliance.ai has raised $6 million in funding and appointed a new CEO to replace co-founder Kayvan Alikhani.

The new funding comes from existing investor Cota Capital and new investment partner Jam Fintop.

Wednesday, August 3, 2022 - 15:06
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/news/fundraising-news/complianceai-announces-new-ceo-asif-alam-it-secured-6m-cota-capital-and-jam
Financial IT
Earned Wage Access Provider ZayZoon Raises $25.5M to Bring Financial Flexibility and Empowerment to All Employees as a Standard Benefit

ZayZoon, a provider of voluntary benefits that allows employees across the United States to instantly access their earned wages on-demand, is pleased to announce a series of financings that total $25.5 million in aggregate, consisting of $12.5 million in equity and $13 million in a new credit facility with ATB Financial. 

Wednesday, August 3, 2022 - 14:48
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/news/fundraising-news/earned-wage-access-provider-zayzoon-raises-255m-bring-financial-flexibility
Financial IT
nCino Announces Executive Leadership Appointments

nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced several new appointments across its executive leadership team to further support the Company’s continued growth, scale and product innovation.

Wednesday, August 3, 2022 - 14:42
49416
/news/people-moves/ncino-announces-executive-leadership-appointments
Financial IT
VNX Adds Visa and Mastercard Payment Methods to its Native Tokenized Gold Platform

VNX, the first European regulated platform for investment into tokenized precious metals, now accepts major credit cards Visa and Mastercard as payment options on its native platform.

Wednesday, August 3, 2022 - 14:34
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/news/payments/vnx-adds-visa-and-mastercard-payment-methods-its-native-tokenized-gold-platform
Financial IT
TBC Bank Decreases Time to Market for New Offerings by 40% While Reducing Integration Costs by One-third with Kong

TBC Bank, a leading financial institution in the Caucasus and Central Asia Region, has reduced the time to market for new and enhanced products and services by 40% since implementing Kong Enterprise, the cloud-native API platform.  By removing the need for a centralised integration layer and scaling back the associated resources, 

Wednesday, August 3, 2022 - 14:17
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/news/banking/tbc-bank-decreases-time-market-new-offerings-40-while-reducing-integration-costs-one
Financial IT
Barclaycard Payments Data: Brits Turn to Subscriptions to Help with Money Management as Cost-of-living Increases

New data from Barclaycard Payments on the ‘subscription economy’ sheds light on how demand for sign-up products and services is evolving following growth during the pandemic – and the impact on consumer spending as the cost of living takes its toll.

Wednesday, August 3, 2022 - 13:23
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/news/payments/barclaycard-payments-data-brits-turn-subscriptions-help-money-management-cost-living
Financial IT
smartKYC Launches smartLISTS - a Better Way for Financial Crime Teams to Manage and Screen Against Their Internal Watchlist Data

Financial crime teams have long struggled with seamlessly integrating their internal watchlist data into their due diligence work. Data is captured from different sources, such as financial intelligence units, and is often held in disparate databases or unmanageable spreadsheets. And while banks wish to screen these lists as a single, unified source, they still expect them to be appropriately segregated.

Wednesday, August 3, 2022 - 13:13
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/news/aml-and-kyc/smartkyc-launches-smartlists-better-way-financial-crime-teams-manage-and-screen
Financial IT
FDM Group Partners with nCino to Boost Global Workforce of Fintech Specialists

FDM Group, a professional services provider with a focus on IT and Operations, has partnered with nCino, a pioneer in cloud banking and digital transformation solutions for the global financial services industry, to provide specially trained individuals to help fill an increasing labour demand brought on by nCino’s prolific adoption in the banking industry.

Wednesday, August 3, 2022 - 12:59
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/news/banking/fdm-group-partners-ncino-boost-global-workforce-fintech-specialists
Financial IT

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