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Tenity Advances Decentralized Finance (DeFi) Innovation with Broader Investment in the XRP Ledger (XRPL)

Tenity, the global innovation ecosystem and early-stage investor creating the future of finance, is deepening its focus on decentralized finance (DeFi) through its Incubation Fund II, supporting new innovative projects building blockchain-based solutions on the XRP Ledger (XRPL) welcoming Ripple as its new global strategic partner and Limited Partner in the Tenity Inc. Fund II.

Monday, December 2, 2024 - 16:18
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Financial IT
Lumin Digital Secures $160 Million in Growth Funding

Lumin Digital, a leading cloud-native digital banking provider, today announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients.

Monday, December 2, 2024 - 16:14
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Financial IT
MAS Imposes Civil Penalty of $2.4 Million on JPMorgan Chase Bank, N.A. for Misconduct by Its Relationship Managers

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates.

Monday, December 2, 2024 - 16:11
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Financial IT
Masttro Launches Next-Gen Platform for Wealth Management

Masttro, the global leader in wealth tech solutions for family offices, RIAs, wealth managers and wealth owners themselves, today announced the launch of its next-generation platform, setting a new standard for easier and more powerful wealth data management.

Monday, December 2, 2024 - 16:08
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Financial IT
British Business Bank Increases Commitment to Simply Asset Finance to Unlock Over £175M for Smaller UK Businesses

The British Business Bank has announced an increase to its ENABLE Funding commitment to Simply Asset Finance (“Simply”), one of the UK’s largest and fastest growing independent asset finance providers.

This increased facility will allow Simply to provide more than £175m of finance to smaller businesses across the UK.

Monday, December 2, 2024 - 16:03
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Financial IT
Envision Credit Union Enhances Self-Service Banking Through Expanded NCR Atleos Relationship

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers, and consumers, today announced that Tallahassee, Fla.-based Envision Credit Union has deepened its relationship with Atleos, selecting Atleos’ ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) solution to streamline operations within the self-service

Monday, December 2, 2024 - 15:55
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Financial IT
Twilio Segment Expands Integration with AWS, Empowering Mutual Customers to Build Personalized Engagement Solutions at Scale

Twilio, the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced at AWS re:Invent 2024 the public beta availability of Linked Audiences in Twilio Segment for Ama

Monday, December 2, 2024 - 15:49
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Financial IT
The Future of Payments Integration: Aevi & GETTRX Discuss Unified Solutions
Monday, December 2, 2024 - 14:13
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Financial IT
Allfunds Appoints Luis Berruga as Senior Advisor to Drive Strategic Growth

Allfunds , a leading B2B WealthTech platform for the funds industry with over €1.4 trillion in assets under administration, offering fully integrated solutions for both Fund Houses and Distributors, today announces Luis Berruga’s appointment as Senior Advisor, to support strategic initiatives and product development, with a focus on the forthcoming ETP platform.

Monday, December 2, 2024 - 13:33
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Financial IT
DTCC Announces the Appointment of Michael Winnike to Lead Clearing & Securities Services Strategy and Market Solutions

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Michael Winnike as Managing Director, Clearing & Securities Services (CSS), Strategy and Market Solutions. He joins December 2, 2024, and reports to Brian Steele, Managing Director, President, CSS.

Monday, December 2, 2024 - 13:28
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Financial IT

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