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Drivers for Change in Europe’s Consolidated Banking Tech Market

Conference season is upon us and, with Money20/20 and Sibos still to come, there’s been lots of talk of the latest innovations. European banks – particularly smaller institutions and cooperatives – are being somewhat technologically excluded, left out of the conversation to deal with legacy limitations or evolving regulation before considering their role in developments in the digital world or the Metaverse, for instance.

Wednesday, June 1, 2022 - 14:58
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Financial IT
Canadian Fintech Leads the Way for Faster, Frictionless Cross-Border Payments at Money 20/20 Europe

Canadian fintech Buckzy Payments Inc, the global real-time cross-border payments network, is expanding its operations in Europe with the opening of a new office this summer in Amsterdam, the Netherlands, the company announced today.

Wednesday, June 1, 2022 - 14:51
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Financial IT
ACA Group and Foreside Complete Merger; Combined Firm Will Be Known As ACA

ACA Group (“ACA”) and Foreside Financial Group, LLC (“Foreside”), two of the leading providers of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, today announced the completion of its merger, to become one of the largest providers of tech-enabled GRC solutions globally. Foreside’s distribution business will be rebranded as ACA Foreside and will become a division under ACA.

Wednesday, June 1, 2022 - 14:42
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/news/risk-management/aca-group-and-foreside-complete-merger-combined-firm-will-be-known-aca
Financial IT
ESW Selects APEXX’s Payments Orchestration Layer to Process its US & Canadian Transactions

APEXX Global, the multi-award-winning global payments platform, today announced its selection by ESW to be a primary processor of U.S. and Canadian Transactions. ESW, a multi-billion dollar global direct-to-consumer (DTC) eCommerce giant empowers the world’s most beloved brands and retailers to make international shopping safer, simpler and faster, end-to-end.

Wednesday, June 1, 2022 - 14:26
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/news/payments/esw-selects-apexxs-payments-orchestration-layer-process-its-us-canadian-transactions
Financial IT
iBG Finance Announces Forthcoming Investment Portal Launch

Premier diversified wealth management platform iBG Finance has announced the impending launch of its iBG Investment Portal.

A subsidiary of publicly traded Nevada blockchain, decentralized finance (DeFi), and cryptocurrency-focused investment company ICOA Inc. (OTC: ICOA), iBG Finance is on a mission to simplify blockchain investment for both crypto novices and seasoned traders new to the DeFi space. Its upcoming aggregator promises to do just that.

Wednesday, June 1, 2022 - 14:17
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/news/wealth-management/ibg-finance-announces-forthcoming-investment-portal-launch
Financial IT
Over Two-Thirds of Global Consumers Want Their Bank or Financial Institution to Become More Sustainable in Future

Over two thirds (67%) of consumers want their bank or financial institution to become more sustainable in future, according to a new report from cloud banking platform 

Wednesday, June 1, 2022 - 14:08
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/news/banking/over-two-thirds-global-consumers-want-their-bank-or-financial-institution-become-more
Financial IT
New Digital Banking Report by BPC and Kapronasia Highlights Critical Insights for Payment Providers as Asia-Pacific Set to be the Fastest-Growing Region for Cashless Transactions

BPC and Kapronasia today announced the launch of a new report that focuses on digital transformation in the financial services industry and key implications for payment players.

Wednesday, June 1, 2022 - 13:43
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/news/digital-banking/new-digital-banking-report-bpc-and-kapronasia-highlights-critical-insights
Financial IT
Twenty Advisory Firms Select Cloud-Based Edition of the RedBlack (an intelliflo solution) Rebalancing and Trading Platform

intelliflo today announced that 20 financial advisory firms have selected RedBlack Cloud, the cloud edition of its leading portfolio rebalancing and trading platform introduced last summer. The sophisticated software-as-a-service (SaaS) solution delivers advanced, personalized rebalancing and robust order management at scale in a multi-custodian environment.

Wednesday, June 1, 2022 - 13:34
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/news/trading-systems/twenty-advisory-firms-select-cloud-based-edition-redblack-intelliflo-solution
Financial IT
Coralogix Closes $142M Series D Funding

Coralogix, a company using streaming analytics to rebuild the path to observability, today announced it has raised a $142 million Series D funding round, bringing the company’s total amount raised to $238 million. A significant portion of the proceeds from the round will be used for the company’s expansion plans, especially it's India and APAC go-to-market teams.

Wednesday, June 1, 2022 - 12:23
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/news/fundraising-news/coralogix-closes-142m-series-d-funding
Financial IT
Deciphering the Complex Relationship Between Cross Border Payments & Regulation

Cross border payments may be an enigma to many, but simply put, they concern financial transactions where the payer and the recipient are based in different countries. Without effective regulatory intervention,  the cross border payments arena can act as a breeding ground for financial crime and in a bid to overcome this, there has been an industry-wide focus on regulation.

Wednesday, June 1, 2022 - 12:15
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Financial IT

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