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TrueLayer Raises $25M in Series C Round

TrueLayer, the leading technology company building financial infrastructure that’s open to any business, anywhere in the world, today announced it has secured an additional $25 million in funding, under its Series C.

The round included participation from existing investors, including Anthemis, Connect Ventures, Northzone and Temasek, and brings the total raised by TrueLayer to date to $72 million.

Monday, September 21, 2020 - 15:06
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Financial IT
Blockchain Product Quartz by TCS Is Now Available on Microsoft Azure

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced the general availability of its award-winning Quartz™ suite of blockchain based solutions on Microsoft Azure Blockchain Service.

Monday, September 21, 2020 - 15:01
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Financial IT
How AI Is Changing Banking

ICS Financial Systems (ICSFS), is a leading provider of modular, core banking systems. Robin Amlôt discusses how banks should come to grips with artificial intelligence (AI) with the company’s Managing Director, Robert Hazboun.

What are the key factors that need to be considered by a bank looking to implement AI?

With no room of doubt, AI is a game-changer and it will revamp the way we used to do banking, especially in the midst of mandated lockdowns due to the Coronavirus pandemic.

Monday, September 21, 2020 - 13:58
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Financial IT
FSS and Everlink to Drive Card Payments Growth in Canada

FSS (Financial Software and Systems), a global payments technology company, announced today that Canada’s Everlink Payment Services Inc., a leading provider of payments solutions and services for Canadian credit unions, banks, and small and medium enterprises, has selected FSS’s Unified Card Management System to modernize card operations to support its future growth plans.

Monday, September 21, 2020 - 13:35
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/news/payments/fss-and-everlink-drive-card-payments-growth-canada
Financial IT
Neo Launches Multi-Currency Account for SMEs

Neo, the treasury management, payments and FX fintech, is launching a new international multi-currency account service for small and medium-sized enterprises (SMEs).

Currently, treasurers, CFOs and finance professionals are hampered by the need to navigate multiple accounts with different bank providers – many of which operate in silos – meaning that they are unable to monitor their cash flow, payments and currency exposure effectively.

Monday, September 21, 2020 - 13:24
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/news/payments/neo-launches-multi-currency-account-smes
Financial IT
Francis Hunt review on Monese - Mobile Money Account for UK & Europe app
Monday, September 21, 2020 - 12:45
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Financial IT
bitFlyer Europe Launches PayPal Integration

Leading cryptocurrency exchange bitFlyer has announced an integration with global payments platform PayPal.

Monday, September 21, 2020 - 10:48
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/news/payments/bitflyer-europe-launches-paypal-integration
Financial IT
Tink Acquires OpenWrks' Aggregation Platform

Through the acquisition, Tink will enhance its open banking platform by increasing its bank connectivity in the UK. In addition to strengthened coverage of personal account data, Tink will expand its UK connectivity into business account data. The launch of UK business account data will be made available to all Tink customers later this year. The acquisition brings significant fintech and SME customers — including Xero, Liberis Finance and Snoop — that following the deal will be powered by Tink’s open banking platform. 

Monday, September 21, 2020 - 10:43
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/news/ma-deals/tink-acquires-openwrks-aggregation-platform
Financial IT
Ziglu Raises £1 Million in Under 3 Hours

Ziglu, the challenger and fully FCA authorised Electronic Money Institution, have hit their funding target within 3 hours after the openning of their public crowdfunding round today. The company has raised over £1 million from 144 investors, 112% of their target raise.

Ziglu have decided to accept over-funding due to the unprecedented demand and so that more people have a chance to be part of their community. During the pre-registration phase and private launch, Ziglu has already raised £300,000. 

Monday, September 21, 2020 - 10:11
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/news/investment/ziglu-raises-ps1-million-under-3-hours
Financial IT
Exberry Expands Advisory Board With Appointment of Exchange Modernizer Tony Mackay

Exberry, the exchange technology pioneer, has today announced that leading-edge financial markets’ visionary, Tony Mackay, has joined its Advisory Board. Tony will play a key role in advising  the direction of the company and support Exberry in delivering its plans to introduce cloud based multi-asset class exchange infrastructure technology to the wider global market, enabling traditional, alternative and digital asset exchanges to launch, pivot and scale effectively. 

Monday, September 21, 2020 - 09:26
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Financial IT

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