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Cohesity Announces a $3.7 Billion Valuation -- $1.2 Billion More Than Its Valuation Less Than 12 Months Ago
Cohesity today announced a new company valuation of $3.7 billion, which is $1.2 billion higher than its valuation less than 12 months ago. This dramatic growth in valuation continues to validate the incredible trajectory and momentum Cohesity is seeing as the modern multicloud data management company.
Wednesday, March 31, 2021 - 10:39
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Financial IT
Muinmos Partners With RHT Compliance Solutions In Singapore To Capitalise On Increasing Demand For Its Regulatory Onboarding Engine

Award-winning RegTech firm, Muinmos has partnered with RHT Compliance Solutions to capitalise on growth opportunities for its proprietary Regulatory Onboarding Engine in Singapore.

RHT Compliance Solutions in Singapore provides Compliance and Risk advisory to Financial Institutions and Capital Market Intermediaries in Singapore and the region. They will offer Muinmos’ proprietary Regulatory Onboarding Engine to their rapidly growing client base which includes banks, investment banks, brokers and fund managers.

Wednesday, March 31, 2021 - 10:30
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Financial IT
New iwoca Index Identifies Cash Flow as Key Reason for SMEs Applying for Finance

Cash flow is the key motivation for SMEs applying for finance, according to an exclusive index of UK brokers by Europe’s leading small business lender iwoca

Wednesday, March 31, 2021 - 10:19
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Financial IT
Strata Aims to Cross 850 Crore in AUM by June 2021; to Expand Across Mumbai, Delhi & Pune

In its bid to democratise commercial real estate like never before, Strata today announced that it aims to raise assets worth Rs. 600 crore by the upcoming quarter – June 2021. The company thereby aims to expand its footprint across the key metro markets of Mumbai, besides foraying into Delhi and Pune. Strata has raised approximately Rs. 81 crore for premium commercial assets across Mumbai and Hyderabad in the last one month alone. Both assets received 100% funding within just 2-5 days of its listing.

Wednesday, March 31, 2021 - 08:30
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Financial IT
Fintech in Africa will Boom in 2022: Fintech News Network Launches Its 8th Publication

The Fintech News Network is pleased to announce the launch of our eighth publication: Fintech News Africa. The Fintech News Network is an industry publication covering fintech and digital news across the globe. Our readers are from established financial institutions as well as budding fintech startups. Eight publications are currently present in four continents, covering fintech news across 44 different countries. 

Wednesday, March 31, 2021 - 07:52
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Financial IT
R3's Corda Enterprise To Be Made Available On China's Blockchain-based Service Network (BSN)

R3, the enterprise blockchain software firm, today announced a partnership with Red Date Tech, a key infrastructure developer of China's Blockchain-based Service Network (BSN), to license Corda Enterprise for the development of a permissioned blockchain network in China and a free Corda-based Open Permissioned Chain on BSN China.

Tuesday, March 30, 2021 - 18:38
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Financial IT
DTCC’s Alert Surpasses Ten Million Standing Settlement Instructions

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced that DTCC’s ALERT, the industry’s largest and most compliant web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs), has passed a key milestone with over ten million SSIs now included in the service— an increase of 12% in the past twelve months.

Tuesday, March 30, 2021 - 17:25
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/news/trading-systems/dtccs-alert-surpasses-ten-million-standing-settlement-instructions
Financial IT
$1M Software Solution to Boost Onboarding Pass Rates By 40%

Sumsub, a startup that helps companies fight money laundering and online fraud, has invested over $1M in software development—aiming to deliver leading tech for over 1000 global clients. Its latest feature is “Prooface,” a refined liveness solution for ID verification and onboarding that is commonly used in digital banking industry.

Tuesday, March 30, 2021 - 17:10
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Financial IT
Goode Intelligence Research Reveals That Global Biometric Payments to The Value of $5.765 Trillion Will be Made Annually by 2026

Goode Intelligence’s (www.goodeintelligence.com) latest research, Biometrics for Payments; Market and Technology Analysis, Adoption Strategies and Forecasts 2021-2026 – 3rd Edition, reveals that biometrics is now a must-have technology to secure payments across all payment channels – not just mobile – enabling convenient, secure and touchless payments in both physical and digital payment channels.  The impact from the Covid-19 pandemic on the use of biometrics has been eno

Tuesday, March 30, 2021 - 16:42
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Financial IT
NYMBUS Forms New CUSO Led by Credit Union Industry Visionary John Janclaes

NYMBUS®, a leading provider of banking technology solutions, today introduced a new Credit Union Service Organization (CUSO), Nymbus CUSO. Founded to help credit unions meet industry challenges, its mission is to break through barriers to growth by connecting credit unions with trusted fintech offerings that enable opportunities for generating new revenue streams while deepening connections and value to members.

Tuesday, March 30, 2021 - 16:29
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Financial IT

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