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InvestGlass Partners with Sumsub to Revolutionize KYC Compliance in the Financial Sector

InvestGlass, a leading provider of digital investment management solutions, is proud to announce a strategic partnership with Sumsub, a global identity verification platform.

This partnership promises a robust, integrated solution to expedite and enhance the Know Your Customer (KYC) process for banks, brokers, and crypto platforms globally. Leveraging both firm’s expertise, the partnership aims to fortify compliance procedures in a fast-paced financial environment.

Thursday, June 29, 2023 - 14:01
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/news/aml-and-kyc/investglass-partners-sumsub-revolutionize-kyc-compliance-financial-sector
Financial IT
Acronis' Mid-Year Cyberthreats Report Reveals 464% Increase in Email Attacks

Acronis, a global leader in cyber protection, today released the findings of its 

Thursday, June 29, 2023 - 13:27
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/news/cybersecurity/acronis-mid-year-cyberthreats-report-reveals-464-increase-email-attacks
Financial IT
68% of UK Risk Professionals Expect Financial Crime Risk to Increase in 2023, Kroll Research Finds
Thursday, June 29, 2023 - 13:26
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Financial IT
Volante Technologies Powers Major Custodian Bank to Successfully Complete Pilot Testing on the FedNow Instant Payments Network

Volante Technologies, the global leader in cloud payments modernization, today announced it has been working with a leading U.S. banking customer to help the custodian bank successfully complete pilot testing on the FedNowSM instant payments service. 

Thursday, June 29, 2023 - 13:22
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/news/payments/volante-technologies-powers-major-custodian-bank-successfully-complete-pilot-testing
Financial IT
Sologenic Launches SOLONEX and CBDC Tokenization Solutions, Integrates Fireblocks for Institutional Custody

Sologenic, a global forerunner in blockchain tokenization technology, today announces the launch of two groundbreaking solutions: 

Thursday, June 29, 2023 - 13:18
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/news/blockchain/sologenic-launches-solonex-and-cbdc-tokenization-solutions-integrates-fireblocks
Financial IT
gigaroo Raises $2.5M in Pre-Seed Funding to Revolutionize GenZ Financial Stability

gigaroo, an innovative startup dedicated to empowering GenZ individuals with financial stability, announced today that it has successfully raised $2.5M in pre-seed funding. Since its app launch in early January, the company has garnered a substantial user base of thousands of GenZ individuals and is working with dozens of service industry customers.

Thursday, June 29, 2023 - 11:30
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/news/fundraising-news/gigaroo-raises-25m-pre-seed-funding-revolutionize-genz-financial-stability
Financial IT
Bitpanda Pro Rebrands to One Trading, Raises $33M Series A

Fintech startup Bitpanda is splitting into two companies as Bitpanda Pro — the company’s cryptocurrency exchange — is going to become its own independent company called One Trading. As part of this move, One Trading is also raising $33 million (€30 million) in funding.

Thursday, June 29, 2023 - 11:14
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/news/fundraising-news/bitpanda-pro-rebrands-one-trading-raises-33m-series
Financial IT
Visa to Acquire Pismo for US$ 1 Billion

Visa today announced it has signed a definitive agreement to acquire Pismo for $1 billion in cash.

Together, we will be positioned to provide core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards for clients via cloud-native APIs. Pismo’s platform will also enable Visa to provide support and connectivity for emerging payment rails, like Pix in Brazil, for financial institution clients.

Thursday, June 29, 2023 - 11:04
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/news/payments/visa-acquire-pismo-us-1-billion
Financial IT
5 Benefits of Open Banking Accounting Companies Should Look Upon

In today’s rapidly evolving financial landscape, accountants are acutely aware of the need to embrace technological advancements and digitalisation to remain competitive. A fact supported by a recent Sage study, revealed that 82% of accountants claimed their clients demanding a broader service offering. Since its inception in 2018, open banking has emerged as a transformative force for accounting firms and software, enabling a way to improve productivity and client experiences via open APIs.

Thursday, June 29, 2023 - 10:55
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/news/open-banking/5-benefits-open-banking-accounting-companies-should-look-upon
Financial IT
Laser Digital Acquires Elysium Technology Group, Bringing Innovative Cross-asset Post-trade Solutions to Digital Finance

Nomura's digital assets subsidiary, Laser Digital, today announces the acquisition of Elysium Technology Group, a leading provider of post-trade solutions for over-the-counter (OTC) foreign exchange (FX) and digital assets. Founded in 2007 by ex-UBS executives Andy Siciliano and Ed Mount, along with tech pioneers Mark Rosenfeld and Lo Shih, Elysium is an innovator of post-trade solutions for the foreign exchange industry.

Thursday, June 29, 2023 - 10:50
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/news/trading-systems/laser-digital-acquires-elysium-technology-group-bringing-innovative-cross-asset
Financial IT

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