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Path Solutions won first place in a record-breaking four categories of ACQ5 Global Awards

Path Solutions, a global provider of Sharia-compliant banking software solutions and services, has won four categories in the 2019 ACQ5 Global Awards. Building on last year’s three-win, the company topped the Core Banking, Digital Banking, Sharia-compliant Microfinance, and GameChanger of the Year - Islamic Finance categories in this year’s rankings.

Wednesday, July 17, 2019 - 08:31
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Path Solutions
Ebury Partnered with Unicaja Banco to Provide Global Transactional Services and Foreign Exchange

Ebury, one of the UK and Europe’s largest fintechs, is pleased to announce it has entered into a partnership with Spain’s seventh largest bank, Unicaja Banco.

The agreement will enable Unicaja to offer international payments and cash management services through Ebury’s global transaction banking platform to its 400,000 SME customers and 3 million retail customers. Using Ebury’s regulated and future-proofed capabilities, Unicaja will significantly enhance its offering, particularly to its SME customer-base.

Wednesday, July 17, 2019 - 07:44
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SumUp raises €330m to accelerate growth

SumUp (sumup.co.uk), announces today that it has raised a €330m facility from Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners.

Tuesday, July 16, 2019 - 14:11
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Financial IT
Equistone acquires Moody’s Analytics Knowledge Services

Equistone Partners Europe Limited (“Equistone”), one of Europe’s leading mid-market private equity investors, today announces its agreement to acquire Moody’s Analytics Knowledge Services (“Knowledge Services”), a leading provider of bespoke research, analytics and automation technology to the financial services sector, from Moody’s Corporation (NYSE: MCO).

Tuesday, July 16, 2019 - 13:57
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Financial IT
Partnership Between Global Fintech Leaders OneSpan and Avaloq Helps Financial Institutions Prevent Fraud

OneSpan™ (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced that Avaloq, a global fintech leader and provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to financial institutions processing more than $4.5 trillion in assets, has integrated OneSpan solutions into its cloud-based banking platform.

Tuesday, July 16, 2019 - 13:36
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Financial IT
Venafi Reveals Financial Services Firms More Vulnerable to Certificate-Related Outages

Venafi®, the leading provider of machine identity protection, today announced the results of a study examining the scale and frequency of certificate-related outages in financial services organizations. Over 100 chief information officers (CIOs) in the financial services industry from the U.S., U.K., France, Germany and Australia participated in the study.

Tuesday, July 16, 2019 - 13:22
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Paybase

Paybase is the most flexible solution for payments, compliance and risk. Online marketplaces, gig/sharing economy platforms, FinTechs and crypto businesses are all being underserved by current payment providers. This is a result of the rigid and uncompromising infrastructure of legacy payment technology. Up to now, this has prevented businesses from routing payments the way they wish, and from being able to build the products they want with the level of innovation with which they were designed.

Tuesday, July 16, 2019 - 11:34
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Paybase
Radware Expands Its Cloud Workflow Protection Service to Include Crypto-Mining Detection

Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that its Cloud Workload Protection Service now identifies and mitigates coin-mining malware known as ‘crypto-jacking’ operations taking place in customers’ public cloud environments.

Tuesday, July 16, 2019 - 11:03
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Facebook’s Congress Hearings Show U.S. Lawmakers Know Cryptocurrencies are the Future

The U.S. governmental hearings on Facebook’s new cryptocurrency will boost the crypto sector and underscores that digital currencies are now mainstream.

This is the bullish assessment of the CEO and founder of one of the world’s largest independent financial advisory organizations, deVere Group.

Nigel Green’s comments come as the social media giant prepares to defend its cryptocurrency project, Libra, on the Hill.

The Senate hearing will take place today (Tuesday), with the House panel holding its hearing on Wednesday.

Tuesday, July 16, 2019 - 10:54
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Solactive Announces the release of its Solactive ISS ESG Prime Index Series

Solactive announces the release of its Solactive ISS ESG Prime Index Series, a range of indices tracking various regional segments of the global stock market including only companies fulfilling ambitious absolute ESG performance requirements.

Tuesday, July 16, 2019 - 10:10
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