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New Data Shows Regulators Overlooking Sustainability Issues for Crypto

New data from CUBE, reveals that despite the increased regulatory focus on cryptocurrencies, discussions around digital assets and sustainability make up less than 0.1% of regulatory issuances in 2022 so far.  

Wednesday, July 6, 2022 - 13:13
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Financial IT
Leeds Fintech Start-up Agrees on Terms to Support Global Payments Platform

Leeds technology start-up, PrinSIX, has been chosen by global payments processor Neosurf, one of the leading payment platforms used by the gaming and gambling sector, to support its client onboarding.

Wednesday, July 6, 2022 - 12:56
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Financial IT
Allica Bank Supports SMEs with Over £100M in Asset Finance Funding

Allica Bank, the SME-focused challenger bank, has now provided established SMEs with over £100 million in asset finance funding since its launch in 2021.

Wednesday, July 6, 2022 - 12:47
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Financial IT
Sonovate Announces £165 Million Securitisation with BNP Paribas and M&G

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced that it has completed a new securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding structure. The deal is an endorsement of Sonovate's position as a fintech industry leader and reinforces its high-growth trajectory, enabling it to lend over £1.3 billion in invoices this year alone.

Wednesday, July 6, 2022 - 12:41
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Financial IT
Zennor Asset Management Appoints TORA for Global All-In-One Multi-Asset System

TORA, provider of the industry’s most advanced all-in-one EMS, OMS and PMS announced today that Zennor Asset Management has selected and implemented TORA.

TORA’s all-in-one product is a single sign-on execution, order and portfolio management platform with a unified interface, unified nomenclature, and standardized data that delivers superior workflow efficiency and transparency.

Wednesday, July 6, 2022 - 12:30
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Financial IT
PayPoint Launches Next Business Day Settlement

PayPoint today announces the launch of a next business day settlement service for PayPoint One customers signing up to integrated card payments with a PayPoint-preferred acquirer.

Initially available to new card payment customers for no additional fee, the service will enable retailers to receive funds from any card transactions directly into their nominated bank account the following business day.

Wednesday, July 6, 2022 - 12:24
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Financial IT
Linedata Addresses Market Volatility by Enabling Rapid Trading Decisions for Asset Managers

Linedata, a global provider of asset management and credit technology data and services, today announced the evolution of its cloud-based Asset Management Platform (AMP), further enabling intelligent automation of trading workflows. This includes a new best execution trading solution within AMP, through collaboration with BTON Financial.

Wednesday, July 6, 2022 - 12:16
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Financial IT
Supervisory Board appoints Sabine Mlnarsky as Chief Human Resources Officer of Commerzbank

At its meeting today, the Supervisory Board of Commerzbank appointed Sabine Mlnarsky to the Board of Managing Directors of the Bank with effect from 1 January 2023. She will assume responsibility for the Group Human Resources division. As Chief Human Resources Officer and Labour Relations Director, she is succeeding Sabine Schmittroth, who, in line with her personal life planning, is leaving Commerzbank when her contract expires at the end of 2022.
 

Wednesday, July 6, 2022 - 12:11
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Financial IT
Survey Finds UK Shoppers are Frustrated with SCA and Merchants are Missing Out

After more than three months of living with regulations designed to protect e-commerce shoppers, consumers in the UK say they embrace measures to secure their transactions, but that they won’t tolerate a poorer shopping experience in the process, according to a new survey conducted by Signifyd, the market leader in e-commerce fraud protection.

Wednesday, July 6, 2022 - 12:04
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Financial IT
German Payments Landscape – What’s Next?

Despite its reputation for technical innovation, Germany has traditionally been heavily reliant on cash. Cast your mind back to 2016 when, in a bid to tackle money laundering and terrorism financing, the German Finance Minister announced plans to ban the use of cash for purchases over €5,000. The German tabloid, Bild, responded with an open letter ’Hands Off Our Cash’, denouncing the move.

Wednesday, July 6, 2022 - 11:56
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Financial IT

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