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Otherwise Raises €1.6 Million to Boost Growth

Otherwise, France’s first peer-to-peer insurance platform, renovates insurance, followed by launches of the first P2P health insurance product digital, fair and community-driven.

Friday, March 31, 2017 - 10:29
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Financial IT
Custom Connect Launches CC Insight For In-depth Network Intelligence

Custom Connect, one of the world’s few independent carrier neutral connectivity providers, is going beyond industry standards to offer global enterprises greater insight into their far-reaching networks and business-critical applications.

CC Insight launched today at the Connecting the Cloud event, an Industry get together for leading players in the European cloud arena, organised by Custom Connect in cooperation with Equinix, Fuze, Huawei, IPKnowledge, NetDialog and RIPE NCC.    

Friday, March 31, 2017 - 10:03
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Financial IT
Dominance of AI and IoT in InsurTech Startup Funding

As new Accenture research demostartes Artificial intelligence (AI) and the internet of things (IoT) now comprise almost half of total investment in insurance technology (insurtech) startups worldwide. The research, which includes new analysis of CB Insights data on 450 insurtech deals over the last three years, appears in a new Accenture report titled “The Rise of InsurTech.” The report was released today in conjunction with Accenture’s Fintech Innovation Lab in London, which for the first time includes a dedicated insurtech stream comprising leading industry startups. 

Friday, March 31, 2017 - 08:57
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/news/it-innovations/dominance-ai-and-iot-insurtech-startup-funding
Financial IT
Wells Fargo Adds Axis Bank to ExpressSend Remittance Network in India

Wells Fargo & Company (NYSE: WFC) announced today that it has added more than 2,500 Axis Bank locations to its ExpressSend® remittance payout network in India, bringing the total number of locations in that country to more than 8,300, in addition to nearly 35,000 ATMs. Wells Fargo also announced that beginning April 8, 2017, it will offer a $0 transfer fee for all ExpressSend transactions sent to India, extending pricing that was previously available for transactions larger than $500.

Friday, March 31, 2017 - 08:45
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Basel Committee:To- big-to-fail banks rapped for lax risk practices

Today the Basel Committee on Banking Supervision unveiled its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting. 

Friday, March 31, 2017 - 08:42
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Financial IT
Harbortouch POS Firm Launches Product Development Unit in Lithuania

Harbortouch, a market leader in point-of-sale (POS) payment solutions, is setting up a product development division in Lithuania. The division, which will be the company’s first outside the US, is expected to employ approximately 60 IT specialists.

Friday, March 31, 2017 - 08:26
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/news/payments/harbortouch-pos-firm-launches-product-development-unit-lithuania
Financial IT
ITG colaborates with Commcise for MiFID II research

Today Commcise, the eminent provider of integrated commission management solutions for investment management firms, and ITG, a major independent broker and financial technology provider, reported that their research payment and management technology solutions have been integrated to provide a seamless end-to-end MiFID II research solution. 

Friday, March 31, 2017 - 08:15
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Financial IT
Valley National Bank Taps nCino to Streamline Commercial Lending

nCino, the worldwide leader in cloud banking, today announced that $23 billion-asset Valley National Bank has selected its Bank Operating System to boost efficiency and enhance communication across the commercial loan process.

Friday, March 31, 2017 - 07:57
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Mastercard Appoints Erika Brown Lee as Assistant General Counsel for Privacy and Data Protection

Today Mastercard announced that Erika Brown Lee has joined the company this month as senior vice president and assistant general counsel for privacy and data protection. Brown Lee will report to JoAnn Stonier, the company’s chief information governance and privacy officer.

She will lead the team that provides advice for and ensures compliance with privacy and data protection laws across the company’s products and services. Brown Lee will also work closely with information governance and cybersecurity teams to develop policies and manage regulatory interactions.

Friday, March 31, 2017 - 07:53
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/news/people-moves/mastercard-appoints-erika-brown-lee-assistant-general-counsel-privacy-and-data
Financial IT
Clearwater International's TMT Sector Comments on Market shake up over the next couple of years

Whilst the major headlines in the telecommunications market have been reserved for B2C mega deals such as BT’s acquisition of EE for €14.5bn, it is in the B2B market where the volume of the M&A activity reshaping the sector is really taking place. 

Friday, March 31, 2017 - 07:45
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/news/infrastructure/clearwater-internationals-tmt-sector-comments-market-shake-over-next-couple
Financial IT

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