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Valu-Trac Selects Temenos Multifonds SaaS to Scale Fund Administration and Transfer Agency Business in the UK

Temenos, today announced that Valu-Trac Investment Management Limited (“Valu-Trac”), a prominent UK management firm, has selected Temenos Multifonds SaaS to drive the strategic development and growth of its Fund Administration and Transfer Agency business.

Thursday, December 5, 2024 - 08:54
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Financial IT
Moneyhub and Marygold & Co. UK Partner to Launch New Wealth App

Moneyhub has announced its partnership with Marygold & Co., Britain’s most emotionally intelligent money management app for individuals and small businesses, to enhance their app capabilities.

Marygold’s app, which is due to launch early in 2025, streamlines customers’ ability to save without needing to switch banking accounts, and is founded with a commitment to radically simplifying the management of finances. 

Thursday, December 5, 2024 - 08:51
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Financial IT
Sokin Completes Strategic Acquisition of Norwegian Fintech Settle

UK headquartered payments firm Sokin today announces that it has acquired Norwegian fintech Settle Group AS (Settle) for an undisclosed amount. The acquisition enables Sokin to enhance its technological capabilities, driving the development of innovative solutions and products, including Sokin Pay.

Thursday, December 5, 2024 - 08:26
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/news/payments/sokin-completes-strategic-acquisition-norwegian-fintech-settle
Financial IT
TBC Bank Uzbekistan Announces Its Debut Bond Issue Denominated in Uzbek Soums

TBC Bank Uzbekistan, the country’s largest digital bank and part of London-listed TBC Bank Group PLC, is pleased to announce the placement of its debut one-year bond denominated in Uzbek soums.

Thursday, December 5, 2024 - 08:22
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/news/infrastructure/tbc-bank-uzbekistan-announces-its-debut-bond-issue-denominated-uzbek-soums
Financial IT
Clear Street Launches in United Kingdom Following FCA Approval, Joins London Metal Exchange

Clear Street, a cloud-native financial technology firm on a mission to modernise the brokerage ecosystem, today announced the formal launch of Clear Street UK, following recent Financial Conduct Authority (FCA) approval.

Thursday, December 5, 2024 - 08:14
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/news/infrastructure/clear-street-launches-united-kingdom-following-fca-approval-joins-london-metal
Financial IT
Philip Symes Joins Checkout.com as Interim Chief Financial Officer

Checkout.com, a leading global digital payments company, today announced the appointment of its new interim Chief Financial Officer, Philip Symes. He replaces Nirupam Sinha, who will leave Checkout later this month.

Thursday, December 5, 2024 - 08:09
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/news/people-moves/philip-symes-joins-checkoutcom-interim-chief-financial-officer
Financial IT
Simplifying PCI Compliance and Elevating Payment Security: IXOPAY Merges with Aperia Compliance

I am beyond excited to share a transformative milestone in our journey to redefine the payments industry. Today, IXOPAY proudly announces its merger with Aperia Compliance, a global leader in Payment Card Industry (PCI) validation and risk management.

Wednesday, December 4, 2024 - 17:14
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/news/compliance/simplifying-pci-compliance-and-elevating-payment-security-ixopay-merges-aperia
Financial IT
RealDesk.AI and Zūm Rails Digitize Real Estate Payments for RE/MAX, Century 21, and More

RealDesk.AI (formerly Datz Solutions) and Zūm Rails today announced their work to equip Canadian real estate brokerages including RE/MAX, Century 21 and Royal LePage with their own payment processing capabilities. RealDesk's real estate management platform provides a digital alternative to the manual, paper-heavy processes that dominate the home buying and selling process, including contracts, reporting and agent/broker communications.

Wednesday, December 4, 2024 - 16:43
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/news/payments/realdeskai-and-zum-rails-digitize-real-estate-payments-remax-century-21-and-more
Financial IT
Checkout.com Shares Black Friday Cyber Monday Weekend Spending Insights

The latest transaction data from leading global digital payments company Checkout.com has found UK consumer spending during the Black Friday and Cyber Monday (BFCM) weekend surged during working hours. On Friday 29th November, spending peaked between 9am and 10am, and on Monday 2nd December, sales saw a spike at 10am.

Wednesday, December 4, 2024 - 16:38
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/news/personal-finance/checkoutcom-shares-black-friday-cyber-monday-weekend-spending-insights
Financial IT
Over 90% of Financial Firms Lack Upskilling and Regulatory Preparedness in Generative AI Adoption, According to the EY AI Survey

UK financial services firms are facing significant challenges in integrating Artificial Intelligence and Generative AI technologies, according to the EY European Financial Services AI Survey.

Despite AI adoption efforts, many firms remain in the early stages of implementation, hindered by gaps in workforce upskilling and regulatory readiness.

Wednesday, December 4, 2024 - 14:06
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Financial IT

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