Today BeQuant – one of the world’s biggest institutional cryptocurrency trading platforms – has announced a strategic partnership with 

 iwoca, one of Europe’s fastest growing small business lenders, today announces it has raised an additional £150m in equity and debt capital. The investment brings iwoca’s total funding to £350m.

iwoca’s most recent fundraising included a Series D equity round led by Augmentum Fintech, the specialist fintech venture capital investor. NIBC Bank and other existing investors, including Prime Ventures, also participated.

corfinancial, a leading provider of specialist software and services to the financial services sector, is supporting Baillie Gifford in establishing an end-to-end post-trade operating model.

After a detailed market evaluation process, Baillie Gifford selected corfinancial’s post-trade solution salerio to automate its global trade processing.

 HCL Technologies (HCL), a leading global technology company, has been recognized as a  leader in providing Next Gen Application Development and Maintenance (ADM) for the banking, financial service,  and insurance (BFSI) sectors, according to  2018 ISG Providers Lens ^TM Quadrant Report. According to ISG, HCL has emerged as a leader among service providers, because of its rich toolset, strategic partnerships, and micro-verticalized focus in helping to create tailored BFSI solutions for its US clients. 

Starting today, Barclaycard merchants now have the opportunity to accept mobile payments through Pay by Bank app, the new payment method created by Mastercard’s Vocalink business.

In addition, a greater number of consumers will also be able to pay using the functionality; in 2020 Barclays will be rolling out Pay by Bank app, currently live on its Pingit app, on its Barclays Mobile Banking App. This means over 6m users will be able to benefit from the service.

What does it mean to extend the bank? Traditionally, banks have manufactured, distributed and managed all of their own products and services. The concept of extend describes how this traditional model is changing as the value chain becomes unbundled, the bank ecosystem expands, and other parties become involved in these activities either in collaboration or competition with the bank. 

In an increasingly cost-competitive industry, digital technologies are providing today’s insurance carriers with new methods of distinguishing themselves from competitors. Of particular focus is the claims process. As insurance’s ‘moment of truth’, policy-holders’ experiences when making a claim can define whether they become satisfied and loyal customers for life or disgruntled, and unlikely to return.

Today, TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with two separate company brands, logos and identities.

TransferTo’s mobile top-up and rewards business, founded in 2005, has now changed its name to DT One and remains a leading global network for mobile top-up solutions and innovative mobile rewards. 

Finastra’s core banking solution, Fusion Essence, has been chosen to power Saudi Arabia’s Agricultural Development Fund’s lending services.

Wallis Bank has launched a number of new features for its customers allowing for more convenient access to their online accounts without sacrificing security. New services include Wallis 360, a revamped treasury management system for both small and large businesses; CardValet®, a mobile application for online debit card control; and Wallis Bank Mobile, a retail banking application recently updated for mobile deposits.