IDnow, a leading provider of Identity Verification-as-a-Service solutions with more than 250 customers including N26, Commerzbank and UBS, brings two top managers to its Executive Board by appointing Andreas Bodczek as CEO and Joseph Lichtenberger as CFO. At the same time, all founders return to the operational business. The aim is to push ahead with the company’s expansion into other industries and new European markets, breaking through a turnover barrier of 100 million euros the next few years.
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11:FS, the challenger firm defining and building digitally native financial services through technology, product and design expertise, today announced that Shaun Meadows has joined the firm as Chairman. In the newly created role, Shaun will work with the 11:FS Board to review company objectives, examine performance, and help shape future business activity and strategy.
Caspian, the full-stack crypto trading, portfolio and risk management platform, today announced the launch of its pairs trading functionality. The new capabilities are paving the way for funds looking to use statistical arbitrage and relative value-based strategies to grow their business – two strategies that have become popular in the crypto market.
Temenos (SIX: TEMN), the banking software company, today announced that specialist trade finance bank, IIG Bank (Malta) Ltd. has successfully gone live with Temenos Infinity, the ground breaking digital front office product, and Temenos T24 Transact, the next generation in core banking. The bank also selected the Financial Crime Mitigation module, which is integrated within Temenos T24 Transact. The successful implementation of Temenos banking software will enhance the quality of customer service, support product agility and help the bank gain operational excellence.
Mactavish, the leading expert on commercial insurance placement and disputes, is warning company directors they face a growing risk of being sued by investors, suppliers and other stakeholders, if their organisations are adversely affected by a bad Brexit and they are accused of not having prepared properly for this.
FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, and DataRobot, the leader in enterprise AI, today announced the launch of DataRobot’s first AI investment workflow, DataRobot on FactSet.
Klarna, the leading global disruptor of payments and banking, and provider of smoooth retail services, is pleased to announce it has raised $460 million in an equity funding round, at a post money valuation of $5.5 billion. This new valuation ranks Klarna as the largest private fintech in Europe and as one of the largest private fintechs globally.
Appian (NASDAQ: APPN) today announced that Charities Trust, a leading donations management organisation, is using the Appian Platform to accelerate delivery of transformational solutions for donations and charitable funds management. In support of its mission to “grow by giving,” Charities Trust has introduced new operational and customer service applications that leverage the development speed and enterprise power of Appian’s low-code business process management cloud platform.
Taking blockchain mainstream, Blockchain Live is back and will be returning to London Olympia on 25th September as a festival of blockchain education. A one-day event, packed with engaging, thought-provoking and quality content, this year Blockchain Live will be moving away from the traditional exhibition model, into a ground-breaking festival of content and collaboration.
To some, it is magic. To insurance, it is reality. The ability to accurately discern the past and predict the future based on nothing but data points and the long-lived experience of actuaries and adjusters has served the industry well up to now, allowing insurance to become the multi-billion-dollar industry it is today. The past few years, however, have witnessed in a dramatic shift to this picture, prompted by the advent of the Internet of Things: technologies that collect, record and transmit live, granular data about their environment.