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Wirex and Uzbekistan Direct Investment Fund Sign Memorandum of Understanding

Wirex is happy to announce the signing of the Memorandum of Understanding with the Uzbekistan Direct Investment Fund.

With this partnership, we will support the Uzbek government as they implement blockchain solutions and distributed ledger technology for various government services.

Wednesday, September 28, 2022 - 11:46
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/news/blockchain/wirex-and-uzbekistan-direct-investment-fund-sign-memorandum-understanding
Financial IT
Drip Capital Partners with Onfido for Faster Verification, Streamlining Trade Finance Process for its Customers

Drip Capital, Inc., a leading cross-border digital trade finance platform, announced a partnership with Onfido, a global digital identity verification and authentication provider, to streamline the onboarding process for new customers.

Wednesday, September 28, 2022 - 11:36
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/news/trade-finance/drip-capital-partners-onfido-faster-verification-streamlining-trade-finance
Financial IT
PayU Research Reveals a Major Opportunity for International Online Merchants to Capture US Demand not Being Met Domestically

PayU, the leading online payment service provider operating in 50+ emerging markets, today announces the results of its U.S. survey which reveals a big opportunity for international merchants to capitalize on US consumer demand not being met domestically.  

Wednesday, September 28, 2022 - 11:27
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/news/fintech-startups/payu-research-reveals-major-opportunity-international-online-merchants-capture
Financial IT
Russell Investments Selects ACA Group’s ARRMA Service to Enhance Regulatory Reporting

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that Russell Investments has selected ACA’s ARRMA (ACA Regulatory Reporting Monitoring & Assurance) service to help manage its transaction reporting arrangements. ACA has provided MiFIR assurance reviews for Russell Investments since May 2021 and the partnership has now been extended to include EMIR reporting as well.

Wednesday, September 28, 2022 - 11:23
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/news/risk-management/russell-investments-selects-aca-groups-arrma-service-enhance-regulatory
Financial IT
Satispay Exceeds €1 Billion Valuation and Becomes a Unicorn

Satispay— an innovative payment super network announces a €320 million Series D investment round, led by Addition, taking its valuation to more than €1 billion.  Greyhound Capital, shareholder since 2018, will follow and increase its stake in the company. Other participating investors include Coatue, Lightrock, Block Inc., Tencent and Mediolanum Gestione Fondi SGR, who all joined in 2021.

Wednesday, September 28, 2022 - 11:16
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/news/payments/satispay-exceeds-eu1-billion-valuation-and-becomes-unicorn
Financial IT
Source of Funds Experts Armalytix Raises New Capital to Improve AML Checks

Armalytix, which streamlines data collection and intelligence to provide financial insights for AML checks to the professional, financial service and betting and gaming sectors, has completed a targeted raise of $ 1 million, to further strengthen its unique Source of Funds offering.

Wednesday, September 28, 2022 - 11:12
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/news/fundraising-news/source-funds-experts-armalytix-raises-new-capital-improve-aml-checks
Financial IT
ICE on Financial Service Trends and Why Machine Will Never Replace Man and ETF Futures

Ahead of its November conference happening in Singapore, the Fixed Income & FX APAC Summit team spoke to Magnus Cattan, who has been in the financial services industry for 23 years. Starting his career working in fixed income pricing, analytics and data collection in London, he became fascinated with fixed income in Asia early while working on his first project early in his career. Today, Magnus Cattan is the VP at ICE Fixed Income & Data Service APAC.

Wednesday, September 28, 2022 - 11:04
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/content/ice-financial-service-trends-and-why-machine-will-never-replace-man-and-etf-futures
Financial IT
Facctum Achieves ISO 27001 Certification

Facctum, a regtech company specialising in cloud-delivered enterprise risk decisioning technology, today announces its completion of the ISO 27001 certification programme. With this achievement, the company will be able to address the primary SaaS data security and governance considerations of financial institutions.  

Wednesday, September 28, 2022 - 10:51
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/news/regtech/facctum-achieves-iso-27001-certification
Financial IT
New Mollie Research Finds Payments Key for UK Merchants to Grow Internationally

Mollie, a pioneer in the payments industry and one of Europe’s fastest-growing financial services providers, today unveiled further UK findings from its European Ecommerce Report.

Wednesday, September 28, 2022 - 10:45
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/news/payments/new-mollie-research-finds-payments-key-uk-merchants-grow-internationally
Financial IT
British Business Bank Supporting More than 96,000 Businesses with £12.2B of Finance Through its Core Programmes, with an Above Target Adjusted Return of 18.2%

Catherine Lewis La Torre, CEO, British Business Bank, said: “The British Business Bank has successfully delivered against the strategic priorities we set at the beginning of the year.

“We have increased our impact and market reach to smaller businesses across the UK’s regions and Nations and designed innovative programmes while at the same time generating an attractive return on capital employed.

Wednesday, September 28, 2022 - 10:41
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/news/lending/british-business-bank-supporting-more-96000-businesses-ps122b-finance-through-its-core
Financial IT

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