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Payoneer and FTAC Olympus Acquisition Corp. Complete Business Combination

Payoneer Inc. (“Payoneer”), the commerce technology company powering payments and growth for the new global economy, and FTAC Olympus Acquisition Corp.

Monday, June 28, 2021 - 16:01
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/news/corporate/payoneer-and-ftac-olympus-acquisition-corp-complete-business-combination
Financial IT
TruSight Joins Cloud Security Alliance

 TruSight, the financial industry’s leading provider of validated third-party risk data, today announced that it has joined the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. TruSight’s extensive experience in assessing clou

Monday, June 28, 2021 - 15:55
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/news/cloud/trusight-joins-cloud-security-alliance
Financial IT
Alliance Launches First Joint Qualification to Help Profession Pass “Carney Test”

The Chartered Body Alliance today launched their first joint qualification, the Certificate in Climate Risk , to help financial services professionals pass the “Carney Test”.

Mark Carney, the former Bank of England Governor, COP 26 finance adviser and United Nations special envoy, made it a key objective of his Building a private finance system for net zero strategy “to ensure that every professional financial decision takes climate change into account”.

Monday, June 28, 2021 - 15:49
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/news/risk-management/alliance-launches-first-joint-qualification-help-profession-pass-carney-test
Financial IT
DTCC Provides First Electronic Certificate of Deposit as Part of Ongoing Effort to Lead Industry to Full Dematerialization

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of its new Underwriting Central (UWC) platform, an automated service for electronic Certificates of Deposit (CD) offered by DTCC’s subsidiary, The Depository Trust Company (DTC).

Monday, June 28, 2021 - 15:26
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/news/security/dtcc-provides-first-electronic-certificate-deposit-part-ongoing-effort-lead-industry
Financial IT
EQONEX Appoints Seasoned Financial Technology Leader Chris Ashe as Chief Technology Officer

Diginex Limited (Nasdaq: EQOS), recently rebranded as EQONEX Group (the “company”), a digital assets financial services company, has announced today that Chris Ashe has joined the company as Group Chief Technology Officer (“CTO”).

He will lead all aspects of EQONEX’s technology strategy, planning and development, working to deliver robust, low latency and secure technology platforms that underpin all aspects of EQONEX’s businesses. He has joined the company’s Executive Committee.

Monday, June 28, 2021 - 14:56
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/news/people-moves/eqonex-appoints-seasoned-financial-technology-leader-chris-ashe-chief-technology-0
Financial IT
Masthaven Opens Mew London and Reading Offices

Masthaven Bank has today announced that it has moved from its previous London office to two new sites: one new office in London and one in Reading. The new office openings come as the bank embarks upon a more flexible working model.

Monday, June 28, 2021 - 13:30
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/news/banking/masthaven-opens-mew-london-and-reading-offices
Financial IT
Saracens Welcomes Pax8 as Acronis #CyberFit Delivery Partner

 Acronis, a global leader in cyber protection and Saracens today announced the Official Cyber Protection Partnership which will be supported by global cloud distributor, Pax8, the best place for IT professionals to buy cloud products.

Monday, June 28, 2021 - 13:27
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/news/cybersecurity/saracens-welcomes-pax8-acronis-cyberfit-delivery-partner
Financial IT
corfinancial’s Salerio Selected By Man Group To Migrate Oasys Trade Processing

Salerio, the post-execution trade processing solution from corfinancial, has been selected by Man Group, the global active investment management firm, to assist in their migration from the OASYS™ US securities trade processing flows to the DTCC’s Institutional Trade Processing (ITP) CTM™ (Central Trade Manager) platform.

Last year, DTCC announced that it would decommission OASYS™ on 31 October 2021.

Monday, June 28, 2021 - 13:04
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/news/investment-management/corfinancials-salerio-selected-man-group-migrate-oasys-trade-processing
Financial IT
Comment: FSB Warns of SME Funding Gap

Commenting on the Federation of Small Businesses warning that SMEs face a funding gap as COVID-19 restrictions continue and financial support ends, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “As the lifeblood of the UK economy, we must continue to do all we can to protect agile and resilient SMEs who are working hard to adapt to the post-pandemic economy.

Monday, June 28, 2021 - 13:01
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/news/covid-19/comment-fsb-warns-sme-funding-gap
Financial IT
Slovakia’s Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization

Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO’s advanced AI-powered optimization, the bank will develop data-driven lending strategies to systematically improve results. Slovenská sporiteľňa is part of the Erste Group, one of the largest financial services providers in Central and Eastern Europe, which serves more than 16 million customers in seven countries.

Monday, June 28, 2021 - 12:50
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/news/artificial-intelligence/slovakias-top-bank-slovenska-sporitelna-sharpen-lending-strategies-fico
Financial IT

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