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UK Fintech Evergreen Chooses FICO Analytic System to Automate Credit Decisions

Evergreen Finance London Ltd, a leading UK fintech that operates as MoneyBoat.co.uk, have recently selected FICO technology and analytics to automate lending decisions. Evergreen have purchased FICO® Decision Modeler, which will execute Evergreen’s credit evaluation strategies.

Wednesday, March 6, 2019 - 11:54
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Financial IT
Equiniti Riskfactor launches new training academy

Equiniti Riskfactor is pleased to announce the launch of a new interactive training course on receivables finance, working with On Business Training, a specialist provider of financial services training, in its first educational partnership.

Wednesday, March 6, 2019 - 11:49
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Financial IT
HCL positioned as a Leader and a Star Performer in Global Capital Markets Application Services PEAK Matrix 2018

HCL Technologies (HCL), a leading global technology company, strengthened its Leader position as the Star Performer in the recently published Global Capital Markets Application Services PEAK Matrix™ 2018 report by Everest Group. As part of the analysis, Everest Group studied the vision and capability of 27 IT service providers for capital markets application services and positioned HCL a Leader for the fourth consecutive year.

Wednesday, March 6, 2019 - 11:33
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Financial IT
SWIFT launches DLT e-Voting PoC

SWIFT today announces a proof-of-concept (PoC) on e-Voting, using distributed ledger technology (DLT). SWIFT will jointly conduct the PoC in the Asia Pacific region, with leading securities software provider SLIB and the Singapore Exchange (SGX), along with Deutsche Bank, DBS, HSBC and Standard Chartered Bank.

Wednesday, March 6, 2019 - 08:30
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Fenergo Enables Financial Firms to Digitally Visualise Risk in Fight Against Financial Crime

Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announced the launch of the next generation Fenergo Hierarchy Manager (FHM). The sophisticated ultimate beneficial ownership (UBO) and counterparty hierarchy modeling and visualisation tool, built on the latest Force-directed graph technology, streamlines anti-money laundering (AML) screening enabling financial institutions to better manage and mitigate risk.

Wednesday, March 6, 2019 - 08:27
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Financial IT
Stable launches a commodity price risk management platform and seals $6m seed funding round

Stable, the venture backed fintech that is rapidly disrupting the commodity price risk management (CPRM) industry, today announces the launch of its risk management platform. The new platform is initially focused on food and farming businesses in over 15 countries around the world.

Wednesday, March 6, 2019 - 08:25
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Startups Actively Seek to Increase the Number of Women in Leadership Roles, but Progress is Slow

Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, released its Women in Technology Leadership 2019 report. The report shows that while there has been some progress over the last year, a lack of gender parity persists.

Wednesday, March 6, 2019 - 08:17
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Financial IT
Gemalto Expands Cloud HSM On Demand Solutions

Gemalto, the world leader in digital security, today announced the availability of three new cloud-based Hardware Security Module (HSM) services, HSM On Demand for CyberArkHSM On Demand for Hyperledger and 

Wednesday, March 6, 2019 - 07:18
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Financial IT
Cognizant Acquires Meritsoft, an Award-Winning Fintech Innovator in Post-Trade Processing

Cognizant today announced it has acquired  Meritsoft, a privately-held financial software company based in Dublin, Ireland. Meritsoft is best known for its FINBOS platform for post-trade processing, an intelligent automation solution for managing taxes, fees, commissions, and cash flow functions between financial institutions.  Meritsoft’s products are currently used by five of the world’s eight leading investment banks. Financial details of the transaction were not disclosed. 

Wednesday, March 6, 2019 - 07:14
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Financial IT
Flywire’s Global Payment and Receivables Business Accelerates into 2019

Flywire, a company that solves complex payment problems for leading businesses and institutions, continued its rapid growth in 2018, reaching new milestones in cross-border payment volumes and customers. The company, which raised $100 million in new funding mid-year, expanded its presence significantly in Asia-Pacific and EMEA and saw significant gains in both regions. In addition, Flywire rebranded and integrated OnPlan, a domestic payment capability acquired earlier in the year, into its product suite.

Wednesday, March 6, 2019 - 07:08
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Financial IT

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