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The Impact of Downtime on Banks: Navigating Challenges in the Digital Age

Today's highly interconnected world has created a fertile ground for a significant surge in the goods and services accessible through the internet, and the banking industry is no exception. Gone are the days when you'd cash in a cheque or use your local ATM to view your bank balance - now transfers, transactions and other features are accessible easily from an app on your phone. However, this convenience also brings with it unique challenges and potential risks in navigating the digital age.

Thursday, July 6, 2023 - 12:27
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Financial IT
InsurTech Qover Secures $30M in Series C Funding Round

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

Qover’s mission, to craft a comprehensive safety net that safeguards everyone, globally, underscores its commitment to innovative solutions in the InsurTech space.

Thursday, July 6, 2023 - 12:22
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/news/fundraising-news/insurtech-qover-secures-30m-series-c-funding-round
Financial IT
Gate.io Harnesses Sumsub for Enhanced Identity Verification, Anti-Fraud and Compliance

Sumsub, the global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, is pleased to announce its collaboration with Gate.io, one of the world’s pioneering cryptocurrency exchanges that offers services related to the trading of multiple leading digital asset

Thursday, July 6, 2023 - 12:14
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/news/compliance/gateio-harnesses-sumsub-enhanced-identity-verification-anti-fraud-and-compliance
Financial IT
Zelig Advises Papara on Acquisition of Rebellion

Zelig is delighted to announce that it acted as sole financial advisor to Papara on its acquisition of Rebellion, a leading Spanish neobank. This acquisition marks the first step in Papara’s plan to expand to Europe from its home market of Turkey, where it is already the leading FinTech and payment app with over 16 million individual and 1,500 business users (including e-commerce giants such as Uber and Yandex).

Thursday, July 6, 2023 - 12:09
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/news/fintech-startups/zelig-advises-papara-acquisition-rebellion
Financial IT
Total Processing Partners with Token.io to Launch Open Banking-enabled Payment Capabilities

Leading A2A payment infrastructure provider, 

Thursday, July 6, 2023 - 12:04
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/news/open-banking/total-processing-partners-tokenio-launch-open-banking-enabled-payment-capabilities
Financial IT
SumUp Announce Anna Kuriakose as New Chief Product Officer

Global fintech SumUp has today announced the appointment of Anna Kuriakose as Chief Product Officer. She joined SumUp in mid-June 2023 and will be based in London.

Thursday, July 6, 2023 - 11:59
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/news/people-moves/sumup-announce-anna-kuriakose-new-chief-product-officer
Financial IT
Australian Payments Plus Partners with Worldpay from FIS to Better the Digital Economy

Australian Payments Plus (AP+) today announced global financial services technology leader Worldpay from FIS®, has joined Australia’s domestic debit network eftpos as a Member, enabling Worldpay’s customers to benefit from eftpos secure online payments capabilities and features, designed to keep Australians safe in the Digital Economy.

AP+ brings together Australia’s three domestic payment organisations, BPAY Group, eftpos and NPP Australia into one entity.

Thursday, July 6, 2023 - 11:54
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/news/credit-cards/australian-payments-plus-partners-worldpay-fis-better-digital-economy
Financial IT
Oxane Named ‘Best-Of-Breed’ in Chartis RiskTech Quadrant® for Credit Risk Reporting Solutions

Oxane Partners ("Oxane"), a leading technology-driven solutions provider to private markets, announced that it has been recognised as ‘Best-Of-Breed’ by Chartis Research ("Chartis") in its Chartis RiskTech Quadrant® for Credit Risk Reporting Solutions 2023.

Thursday, July 6, 2023 - 11:44
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/news/risk-management/oxane-named-best-breed-chartis-risktech-quadrantr-credit-risk-reporting
Financial IT
JANA Selects Rimes as Strategic Technology Partner

Rimes is pleased to announce that JANA, the Australian- based asset management consultancy firm, has selected the Rimes Matrix solution as a critical component of their five-year digital transformation program.

Thursday, July 6, 2023 - 11:36
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/news/asset-management/jana-selects-rimes-strategic-technology-partner
Financial IT
SumUp Selects Form3 for UK Payments to Boost Growth

SumUp, the financial partner for over 4 million businesses worldwide, has selected Form3, the cloud-native account-to-account payments platform, to provide direct access into the UK Faster Payments Scheme (FPS) and Bacs Scheme to further enhance its business account offering for UK customers.

Thursday, July 6, 2023 - 11:21
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/news/payments/sumup-selects-form3-uk-payments-boost-growth
Financial IT

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