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Couchbase Announces $105 Million Equity Investment Led by GPI Capital

Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database, today announced that it has completed a $105 million all-equity Series G round of fundraising.  The latest funding round, led by GPI Capital, also included oversubscribed participation from existing investors Accel, Sorenson Capital, North Bridge Venture Partners, Glynn Capital, Adams Street Partners, and Mayfield.  Proceeds from this financing will be used to expand product development and global go-to-market capabilities.

Thursday, May 21, 2020 - 15:17
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Financial IT
Covid-19: why volatility stress-testing must extend beyond the banks

Stress-testing has become a common tool of regulators and central banks to assess the readiness of banks to deal with sudden volatility in global markets. With Wall Street suffering its worst day since the 1980’s in March, and Covid-driven volatility set to grip the global economy for the months to come, banks will be expected to run stress tests to examine their resilience. However, why should this be limited to banks? To ensure the best levels of preparedness for future volatility, stress testing needs to be expanded to other market participants.

Thursday, May 21, 2020 - 15:13
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Financial IT
Neobank Jingle Pay chooses W2 to power its new Super App for the Unbanked

W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with neobanking group Jingle Pay to power a new digital solution for the unbanked and underbanked in the U.A.E. 

Thursday, May 21, 2020 - 14:52
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/news/apis/neobank-jingle-pay-chooses-w2-power-its-new-super-app-unbanked
Financial IT
Wirecard and websms enable smart shopping via SMS and Messenger

Wirecard, the global innovation leader for digital financial technology, and websms, a pioneer in mobile messaging, have come together to set new standards in mobile marketing. With this cooperation websms and Wirecard aim to make it possible to handle payment transactions in a simple way via SMS or directly in the chat messenger for the first time.

Thursday, May 21, 2020 - 14:37
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/news/e-commerce/wirecard-and-websms-enable-smart-shopping-sms-and-messenger
Financial IT
Redburn implements Glue42 to ride market volatility wave more efficiently

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Redburn (Europe) Ltd, the independent equity research and execution firm, today announced that they completed a successfu

Thursday, May 21, 2020 - 14:24
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/news/online-trading/redburn-implements-glue42-ride-market-volatility-wave-more-efficiently
Financial IT
3K Investment Partners selected Axia to advance its Fund & Asset Management operations

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds Company based in Athens, selected Axia, Profile’s leading omni-channel and web-based investment management system, to efficiently address its fund and wealth management operations on a single platform supporting all of its investment activities in an fully automated environment.

Thursday, May 21, 2020 - 13:41
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/news/asset-management/3k-investment-partners-selected-axia-advance-its-fund-asset-management
Financial IT
NatWest research: UK small businesses accelerate transition to cashless during pandemic

UK SMEs are moving to accept card and contactless payments at an increasingly rapid rate as a result of the coronavirus crisis, according to findings published today by NatWest.

Thursday, May 21, 2020 - 11:52
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Financial IT
Judopay and Mastercard partner with The Pharmacy Centre to ensure access and availability of medical supplies

Judopay, a leading mobile-first payment provider, today announced that together with Mastercard, it will enable The Pharmacy Centre to take safe and secure payments through its new PaybyLink solution, as well as other digital payments.

Thursday, May 21, 2020 - 11:21
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/news/payments/judopay-and-mastercard-partner-pharmacy-centre-ensure-access-and-availability-medical
Financial IT
RIMES launches BMR Dashboard service to help asset managers overcome uncertainty and volatility around risk exposure

RIMES, the global leader in data management and RegTech solutions, today announced the launch of the RIMES RegFocusSM BMR Dashboard, a new, cost-effective and simple-to-use service to help asset managers quickly understand their exposure under the EU Benchmarks Regulation (BMR).

Thursday, May 21, 2020 - 11:14
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/news/regtech/rimes-launches-bmr-dashboard-service-help-asset-managers-overcome-uncertainty-and
Financial IT
Kompli-Global and Yoti team up to tackle fraudsters and money launderers with verified identities

Kompli-Global, the leading RegTech AML specialist, has formed a strategic partnership with digital identity and credential management platform, Yoti, to make life much more difficult for fraudsters and money launderers.

Thursday, May 21, 2020 - 11:04
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/news/digital-identity/kompli-global-and-yoti-team-tackle-fraudsters-and-money-launderers-verified
Financial IT

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