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GB Bank Set for Step-Change in Growth After Securing £85m Investment Deal

GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.

Monday, May 20, 2024 - 14:10
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/news/fundraising-news/gb-bank-set-step-change-growth-after-securing-ps85m-investment-deal
Financial IT
Glia Launches First Responsible AI Platform Purpose Built for Financial Institutions

Glia, the leader in customer interaction technology, today launched Glia Cortex, the first responsible AI platform built specifically for the financial services industry. With Glia Cortex, financial institutions can leverage AI that is safe, secure and delivers real ROI for customer service and contact centers, ultimately driving efficiencies, reducing wait times and enhancing the customer and agent experience. 

Monday, May 20, 2024 - 13:08
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/news/artificial-intelligence/glia-launches-first-responsible-ai-platform-purpose-built-financial
Financial IT
Bank Muamalat Partners with Backbase to Strategically Lead Malaysia’s Next-Gen Digital Islamic Banking

In a strategic move towards becoming a leading, next-generation digital Islamic Bank for all, Bank Muamalat Malaysia Berhad (Bank Muamalat) has announced a long-term partnership with Backbase, the global leader in Engagement Banking.

Monday, May 20, 2024 - 12:42
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/news/digital-banking/bank-muamalat-partners-backbase-strategically-lead-malaysias-next-gen-digital
Financial IT
Genesis and Inovotek Solutions Partner to Accelerate Technology Innovation in Financial Markets

Genesis Global and Inovotek Solutions, an IT consultant and Murex integration specialist, announced they are partnering to accelerate software innovation in the financial markets industry. 

Monday, May 20, 2024 - 12:26
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/news/financial/genesis-and-inovotek-solutions-partner-accelerate-technology-innovation-financial
Financial IT
DKK Partners Joins Forces With A Company Of The Royal Family Of Dubai, Seed Group, In A New Era Of Financial Connectivity Across The MENA Region

DKK Partners, a leading FinTech company specialising in emerging markets (EM) and foreign exchange (FX) liquidity, has partnered with the Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.

The partnership offers a significant step towards achieving seamless financial interoperability across the United Arab Emirates (UAE), the broader Middle East and North Africa region (MENA).

Monday, May 20, 2024 - 10:31
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/news/trading-systems/dkk-partners-joins-forces-company-royal-family-dubai-seed-group-new-era
Financial IT
WealthKernel Appoints Thistle Group Founder James Dingwall as Strategic Regulatory Adviser

WealthKernel, a provider of digital investing infrastructure, today announced the appointment of James Dingwall as its new Strategic Regulatory Adviser. With a specialised focus on the Appointed Representative framework, James will play a key role in helping WealthKernel navigate the complex regulatory landscape. 

Monday, May 20, 2024 - 10:17
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/news/people-moves/wealthkernel-appoints-thistle-group-founder-james-dingwall-strategic-regulatory
Financial IT
SUNRATE Joins Mastercard’s Priceless Planet Coalition

SUNRATE, an intelligent global payment and treasury management platform today announced it has joined Mastercard Priceless Planet Coalition in support of fighting climate change through funding the restoration of 100 million trees. This announcement is part of the global fintech's efforts to contribute to a sustainable economy and improvement of the planet.

Monday, May 20, 2024 - 09:43
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/news/infrastructure/sunrate-joins-mastercards-priceless-planet-coalition
Financial IT
TRIVER and Experian Join Forces to Boost Lending to Small and Medium Sized Businesses

Businesses looking for short-term capital can access funding in rapid time thanks to a new partnership between Experian and alternative lender, TRIVER

TRIVER aims to revolutionise the SME lending process by underwriting the risk of small business borrowing quickly and easily, providing advances on business invoices at any time.  

Monday, May 20, 2024 - 09:38
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/news/lending/triver-and-experian-join-forces-boost-lending-small-and-medium-sized-businesses
Financial IT
UK Sector Growth Resilient in April, Despite Increased Cost Pressures

­The number of growing UK sectors remained resilient in April, despite cost pressures spreading across the economy, according to the latest Lloyds Bank UK Sector Tracker.

In April, eight of the 14 UK sectors monitored by the Tracker saw output growth – one fewer than in March (nine), but still more than the monthly average in 2023 (seven).

Monday, May 20, 2024 - 09:28
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/news/banking/uk-sector-growth-resilient-april-despite-increased-cost-pressures
Financial IT
Former CEO of Blacksmith KYC Nynke Postma Joins Encompass Corporation’s Mission to Transform Know Your Customer with Corporate Digital Identity

Encompass Corporation,  the leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder, and ex-CEO of Blacksmith KYC, to its leadership team to supercharge the impact global banks find with CDI.

Monday, May 20, 2024 - 09:17
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/news/people-moves/former-ceo-blacksmith-kyc-nynke-postma-joins-encompass-corporations-mission
Financial IT

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