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Fintech Currensea Launches ‘powered by’ Programme to Allow Charities and Businesses to Offer Cards Automatically Allocating FX Savings to a Cause

·       Currensea, which offers the UK’s first open banking-enabled direct debit travel card, launches its ‘powered-by’ programme, allowing charities and businesses to offer custom branded cards which allow people to allocate savings made on foreign exchange charges to a specific purpose.

·       The Currensea card uses open banking to allow travellers to make overseas transactions directly from funds in their current account, whilst avoiding high bank fees and saving at least 85% on every transaction.

Thursday, November 4, 2021 - 15:24
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Financial IT
Cabital To Apply For Regulatory Approval Under Payment Services Act To Provide Digital Payment Token Services In Singapore

Cabital, a leading digital assets institution, today announced that it seeks to apply for formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token services as a Major Payment Institution.

Thursday, November 4, 2021 - 15:18
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Financial IT
Digital Asset Data Provider CryptoCompare Receives FCA Authorisation

CryptoCompare, the leading digital asset market data and index provider, has received authorisation from the 

Thursday, November 4, 2021 - 15:12
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Financial IT
Danske Bank UK Partners With Aiia to Launch Multi-banking for Businesses and Corporates Across the UK and Republic of Ireland

Northern Bank Ltd, trading as Danske Bank UK is announcing that it has partnered up with the European open banking platform, Aiia (recently acquired by Mastercard) to deliver innovative digital solutions to help its more than 20.000 business and corporate customers through its business banking platform, District.

Thursday, November 4, 2021 - 14:58
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/news/open-banking/danske-bank-uk-partners-aiia-launch-multi-banking-businesses-and-corporates-across
Financial IT
eIDAS Certificates Renewal Issues and How to Overcome Them

eIDAS certificates have an important role under PSD2. Their usage is mandatory for ensuring that data is kept secure and within trusted parties at all times. These certificates issued by QTSPs can be associated with passports with which TPPs identify themselves when onboarding with and accessing banks’ channels.

Thursday, November 4, 2021 - 14:45
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Financial IT
Clausematch and Ingenia Experience Rising Demand for Compliance Automation Among Asian SMEs
Clausematch, in collaboration with Ingenia, is undergoing significant growth in Asia, having signed on five new clients in the region in just three months. The growth is a direct result of increased interest in RegTech solutions to streamline and enhance the effectiveness of compliance and risk management instigated by recent grants of SGD 42 million by the Monetary Authority of Singapore (MAS).
 
Thursday, November 4, 2021 - 14:35
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/news/regtech/clausematch-and-ingenia-experience-rising-demand-compliance-automation-among-asian-0
Financial IT
Introducing Circuit Breaker: Open Banking’s First Fraud Prevention Solution

Circuit Breaker enables merchants to intelligently block suspicious transactions – and the fraudsters behind them

Today, we’re hugely excited to launch Circuit Breaker – the first fraud prevention solution developed exclusively for the open banking space.

Thursday, November 4, 2021 - 14:06
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Financial IT
Tinkoff Capital Sets Up Funds to Invest in ESG, Cybersecurity and Emerging Markets

Tinkoff Capital has set up three new exchange-traded funds (ETFs): the Tinkoff ESG Leaders Fund, the Tinkoff Cybersecurity Fund and Tinkoff Emerging Markets Fund. The new ETFs facilitate investments in companies operating in segments that are enjoying strong growth: cybersecurity services and ESG leaders as well as the most promising industries in developing countries.

Many companies included in the funds are not available to unqualified investors.

Thursday, November 4, 2021 - 13:59
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Financial IT
The Collaboration With Amazon to Digitalise Italian SMEs Gets Under Way

illimity Bank S.p.A. is on “Accelera con  Amazon”, the free-of-charge training programme for Italian SMEs promoted by Amazon and a  limited group of entities involved in supporting the transition to digital, with the aim of providing  business owners with the tools and expertise needed for anyone seeking to launch or further  develop their online activity at a national and international level. 

Thursday, November 4, 2021 - 13:45
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/news/banking/collaboration-amazon-digitalise-italian-smes-gets-under-way
Financial IT
First Global Benchmark of Gender Diversity in Fintech by Findexable Reveals Systemic Underrepresentation of Women and Investment – New Data Shows Firms Founded Solely by Women Attract 1% of Total Venture Funding

New research by global fintech think tank findexable shows that 1.5% (16) of 1,032 best-funded private fintech firms globally are founded solely by women and receive just 1% of total fintech venture funding.  The Fintech Diversity Radar research reveals women make up 11% of all board members and 19% of company executives. The majority of women (26%) in the sector are Chief People Officer or Head of HR, followed by Chief Marketing Officer and Chief Financial Officer.

Thursday, November 4, 2021 - 13:30
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Financial IT

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