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Nemetschek Group Invests in US-based Financial Automation Platform Briq

The Nemetschek Group, one of the leading software providers for the AEC/O and media industries, today announced its investment in the US-based start-up Briq, a data-driven, collaborative financial automation platform for the construction industry. The investment further expands the Nemetschek Group's venture strategy of driving efficiency and innovation in the industry.

Monday, January 22, 2024 - 10:27
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Financial IT
Third Phase of British Business Bank’s Recovery Loan Scheme Offers £1B of Lending to UK Smaller Businesses

The British Business Bank announces today that the third iteration of its Recovery Loan Scheme (RLS) has supported £1bn of finance offers to smaller businesses since its launch in August 2022.

Monday, January 22, 2024 - 10:19
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/news/lending/third-phase-british-business-banks-recovery-loan-scheme-offers-ps1b-lending-uk-smaller
Financial IT
Iress Xplan to Underpin Mattioli Woods’ Transformation

Iress has today announced it has been selected by Mattioli Woods Plc as its service and technology partner to support future growth. Iress’ advice software Xplan will be deployed across the whole of Mattioli Woods wealth management business, including employee benefits. A phased implementation is well underway, with nine offices having migrated onto Xplan since June this year with the final office to complete in 2024.

Monday, January 22, 2024 - 09:58
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/news/wealth-management/iress-xplan-underpin-mattioli-woods-transformation
Financial IT
PayPoint Wins DVLA Contract for International Driving Permits

PayPoint is pleased to announce that it has been awarded the Driver & Vehicle Licensing Agency (DVLA) contract for providing International Driving Permits across its extensive network of retailer partners across the UK.

Monday, January 22, 2024 - 09:41
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/news/payments/paypoint-wins-dvla-contract-international-driving-permits
Financial IT
Mashreq Partners with UAE Fintech Fils to Launch Carbon Offsetting Services for Corporate Clients

Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that

Monday, January 22, 2024 - 09:36
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/news/infrastructure/mashreq-partners-uae-fintech-fils-launch-carbon-offsetting-services-corporate
Financial IT
Libyan Islamic Bank Forges New Partnership with Backbase to Enhance Digital Customer Experience

To streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase, the renowned expert in engagement banking platform solutions worldwide. Established in 2017 with a primary focus on retail and corporate segments, LIB has been a steady presence in the financial landscape of Libya, abiding by the principles and legislations of Islamic Sharia.

Monday, January 22, 2024 - 09:30
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/news/digital-banking/libyan-islamic-bank-forges-new-partnership-backbase-enhance-digital-customer
Financial IT
North Star Mutual Deploys Kalepa's Copilot

Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa’s award-winning Copilot underwriting platform.

North Star Mutual initially deployed Kalepa’s Copilot in June of 2023 to enhance their underwriting across property, liability, and umbrella lines of business. Since that time, underwriters have valued how Copilot’s risk analysis helps them write core business such as service risks, retail operations, restaurants and churches more profitably than ever before.

Monday, January 22, 2024 - 09:23
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/news/insurtech/north-star-mutual-deploys-kalepas-copilot
Financial IT
Here Are The Winners of The UF AWARDS MEA 2024

The prestigious UF AWARDS MEA 2024 were presented at an exclusive ceremony on January 17th during iFX EXPO DUBAI 2024. 

Monday, January 22, 2024 - 08:57
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/news/fintech-startups/here-are-winners-uf-awards-mea-2024
Financial IT
AMLYZE and Satchel Join Forces to Elevate Digital Banking Compliance

Satchel, a European digital banking provider, is set to enhance its compliance standards through a strategic partnership with AMLYZE, a top-tier regtech company specializing in anti-money laundering and financial fraud prevention.

Monday, January 22, 2024 - 08:52
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/news/compliance/amlyze-and-satchel-join-forces-elevate-digital-banking-compliance
Financial IT
Come Clean: Wise Demands Banks Reveal FX Markups - as Hidden Fees Lead Frustrated Brits to Lose Faith in Banks

Barely a fifth of Brits trust their bank to give them a fair deal, a situation exacerbated by hidden FX fee markups, according to new research by Wise, the international money account. 

New research shows that major UK high street banks charge a hidden fee in its exchange rate*. HSBC charges the highest, with a 3.7% hidden markup. The bank recently launched Zing, a new product that is transparent about its fees - but HSBC does not offer this transparency to its existing customers. 

Friday, January 19, 2024 - 14:00
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/news/transaction-banking/come-clean-wise-demands-banks-reveal-fx-markups-hidden-fees-lead-frustrated
Financial IT

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