Despite Open Banking being revolutionary in the way people interact with and manage their finances, six in 10 (60%) UK adults are unaware of Open Banking and its benefits, according to new research from Bluestone Mortgages.1 This comes at a time when more than a fifth (22%) of consumers say they use three or more individual bank accounts.
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Backbase, the creator of the Engagement Banking Platform, announced today an integration with
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it has partnered with
Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator. This modern, end-to-end payment solution caters to the nuances of payments within insurance by providing carriers with access to digital payment methods for both collecting and disbursing funds.
WealthKernel, the leading digital investing infrastructure provider, today announces its expansion into the European market with a license from the Spanish National Securities Market Commission or CNMV (Comisión Nacional del Mercado de Valores). This makes WealthKernel one of the only API-first investment infrastructure providers dual-regulated in the UK and EU.
Euronext, the leading pan-European market infrastructure, today announces that it has acquired substantially all the business of Acupay Group[1], global leader in financial reporting, corporate actions, cross-border tax relief, and securities processing.
Nutanix, a leader in hybrid multicloud computing, today announced the findings of a new report focused on improving sustainability in data centres.
Today KOHO announced that it has secured $190M in additional capital, $40M of which is equity and $150M in debt. The new capital injection will fund growth, the expansion of KOHO’s lending book and new innovative products, and continued progress towards a Schedule 1 bank license. The round was led by returning investor, PROPELR Growth, joined by new investor Rockefeller Capital and included existing investors Drive Capital, TTV, and BDC. The credit extension is in partnership with new and existing partners.
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Andrea Gibbons as Managing Director, Chief Human Resources Officer. Gibbons will join the DTCC Executive Committee and report to Francis (Frank) La Salla, DTCC’s President, Chief Executive Officer and Director. She replaces Anthony Portannese, who will serve as a strategic advisor to DTCC’s President and CEO, Frank La Salla, until he retires at the end of the year.