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SEON Appoints ex-Huffington Post CTO to VP of Engineering

New appointment brings up 100 employee milestone and follows the fraud fighters’ recent Series A investment round and launch into the US and Indonesia

Thursday, August 12, 2021 - 08:49
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/news/fraud-detection/seon-appoints-ex-huffington-post-cto-vp-engineering
Financial IT
SteelEye Appoints Philip Lemmon as Commercial Director

 SteelEye, the compliance technology and data analytics firm, has appointed Philip Lemmon as Commercial Director, working with CEO, Matt Smith, and the management team to accelerate the firm’s commercial activity across its 

Thursday, August 12, 2021 - 08:35
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/news/cloud/steeleye-appoints-philip-lemmon-commercial-director
Financial IT
Appital Secures £2.5m Investment Led by Frontline Ventures

Appital, the Equity Capital Marketplace, today announced it has secured a £2.5m investment from Frontline Ventures and a number of seasoned capital markets angel investors to bring technological innovation and automation to today’s equity capital markets, hence increasing efficiency. 

The investment will accelerate the development of Appital’s technology infrastructure, integration with market leading financial institutions as well as technology vendors and enable the expansion of their engineering team to support the delivery of their go-to-market strategy.

Thursday, August 12, 2021 - 08:15
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/news/investment/appital-secures-ps25m-investment-led-frontline-ventures
Financial IT
TEMPO Payments, Velo Labs, and Bitazza Open up a $17Bn Remittance Corridor Between Europe and Thailand with the Stellar Blockchain

Tempo France (operating brands: TEMPO Money Transfer, TEMPO Payments), Velo Labs, and Bitazza Thailand have opened up a remittance corridor between 27 countries in the EU region and Thailand. 

Thursday, August 12, 2021 - 08:01
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/news/blockchain/tempo-payments-velo-labs-and-bitazza-open-17bn-remittance-corridor-between-europe
Financial IT
FFIEC Issues Guidance on Authentication and Access to Financial Institution Services and Systems

 The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, today issued guidance that provides financial institutions with examples of effective authentication and access risk management principles and practices for customers, employees, and third parties accessing digital banking services and information systems.

The guidance:

Thursday, August 12, 2021 - 07:35
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/news/authentication-technology/ffiec-issues-guidance-authentication-and-access-financial-institution
Financial IT
Majic Provides Shareholders Update

Majic Wheels, Corp. (OTC Pink: MJWL) ("Majic" or the "Company"), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, announces shareholder update and upcoming developments.

Thursday, August 12, 2021 - 07:24
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/news/fintech-startups/majic-provides-shareholders-update
Financial IT
Bata India Announces Q1 results; Sales Remained Subdued Owing to the Second Wave of Covid-19

Footwear major Bata India Limited today announced results for the quarter ended 30th June, 2021. Sales across retail outlets remained largely subdued, owing to the second wave of Covid-19 infections and ensuing lockdowns. However, sales through ecommerce platforms continued to remain robust and witnessed an uptick despite the restrictions. Revenue from operations for the quarter stood at INR 2670 million and net loss after tax amounted to INR 713 million.

Wednesday, August 11, 2021 - 15:54
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/news/covid-19/bata-india-announces-q1-results-sales-remained-subdued-owing-second-wave-covid-19
Financial IT
XDC Network (XinFin) Selects the Butterfly Protocol for Initial Blockchain Domain Naming System for the XDC Blockchain

The Blockchain Domain Registry System will be unique to the XDC blockchain and provide access to domains, tools, and support for decentralized application (dApp) developers.

 Butterfly Protocol and the XDC Network announced today that the Butterfly Protocol blockchain domain system will be used for an XDC blockchain-specific domain system. Through a grant from XinFin, a blockchain registry system will be created that allows developers and users of dApps to register domains and use a growing set of open-source tools to develop a standardized URL path to data and processes.

Wednesday, August 11, 2021 - 14:43
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/news/blockchain/xdc-network-xinfin-selects-butterfly-protocol-initial-blockchain-domain-naming
Financial IT
Vemanti Group Signs MOU with PVcomBank to Bring Banking Services to the Underserved

Vemanti Group, Inc. announced today that it has signed a Fintech and Banking-as-a-Service (“BaaS”) business cooperation Memorandum of Understanding (“MOU”) with Vietnam Public Joint Stock Commercial Bank (“PVcomBank”) to jointly develop financial products and banking solutions for the underserved consumers and small businesses in Vietnam.

Wednesday, August 11, 2021 - 14:24
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/news/banking/vemanti-group-signs-mou-pvcombank-bring-banking-services-underserved
Financial IT
FirstBank Expands Partnership with Jack Henry to Digitize Lending

Rapidly growing bank modernizes commercial lending, extending digital-first approach

Wednesday, August 11, 2021 - 14:12
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/news/banking/firstbank-expands-partnership-jack-henry-digitize-lending
Financial IT

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