For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President of Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of improving cross-border payments on the continent.
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Fintechs are Set to Transform Cross-border Payments in Africa
Tuesday, July 19, 2022 - 09:32
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/blog/digital-payments/fintechs-are-set-transform-cross-border-payments-africa
Financial IT
Kneip Announces New Strategic Partnership with FWW to Make EETs Available for the German Fund Market
Kneip today announced it has entered into a strategic partnership with ISS FWW (FWW Fundservices GmbH) to make European ESG Templates (EET) available in the German market via ISS FWW.
Tuesday, July 19, 2022 - 09:26
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/news/fund-management/kneip-announces-new-strategic-partnership-fww-make-eets-available-german-fund
Financial IT
Financial Risk Solutions Announces Promotions of Key Team Members to Facilitate International Expansion
Financial Risk Solutions (FRS), provider of the award-winning investment administration software Invest|ProTM used by asset owners, life assurance, wealth and investment management companies worldwide, today announced multiple key promotions as part of the company’s expansion plans into new markets.
Tuesday, July 19, 2022 - 09:19
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/news/people-moves/financial-risk-solutions-announces-promotions-key-team-members-facilitate
Financial IT
X1 Card Raised $25million in a Series B Funding Round
X1, a credit card for digital natives launched by former Twitter employees, has secured $25 million in Series B funding.
X1 Card underwrites consumers based on income rather than credit ratings, allowing it to set credit limits 5x greater than standard card providers. It's appealing to recent college graduates and those with stable incomes but low credit scores.
Tuesday, July 19, 2022 - 08:12
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/news/fundraising-news/x1-card-raised-25million-series-b-funding-round
Financial IT
TIBCO Cloud Integration Unlocks the Power of Real-Time Data with Breakthrough iPaaS Capabilities
TIBCO has announced enhancements to TIBCO Cloud™ Integration, its industry-recognised iPaaS offering, powered by TIBCO Cloud™.
Monday, July 18, 2022 - 15:05
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/news/cloud/tibco-cloud-integration-unlocks-power-real-time-data-breakthrough-ipaas-capabilities
Financial IT
18/07 – Weekly Investment & Fundraising News
5ire Raises USD 100 Million in Series A Funding at Valuation USD 1.5 Billion, Turns Unicorn
Monday, July 18, 2022 - 14:18
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/news/fundraising-news/1807-weekly-investment-fundraising-news
Financial IT
Cloud Adoption Report Reveals 73.2% of Enterprise Organisations Need More Mature IT Processes
An overwhelming majority of enterprise organisations would be better supported by higher levels of IT process maturity, according to new research by client-side IT advisory CloudStratex.
Monday, July 18, 2022 - 14:01
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/news/cloud/cloud-adoption-report-reveals-732-enterprise-organisations-need-more-mature-it-processes
Financial IT
18/07 – Weekly Fintech Recap
Partnerships
Blockpass and BlockOn Capital Partner over India Blockchain Week
Monday, July 18, 2022 - 13:59
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/news/artificial-intelligence/1807-weekly-fintech-recap
Financial IT
Coinbase Secures Crypto Asset Service Provider Approval in Italy
Crypto firm Coinbase has been granted approval by Italy's financial regulator to operate as a crypto assets service provider.
The Organismo Agenti e Mediatori introduced new requirements for all companies offering crypto trading, custody or other services, in light of the rapid growth of the market.
Monday, July 18, 2022 - 13:52
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/news/cryptocurrencies/coinbase-secures-crypto-asset-service-provider-approval-italy
Financial IT
Stori Becomes Mexico’s Newest Unicorn
Stori, a rapidly growing fintech company offering credit card products to Mexico’s underserved population, today announced its latest round of financing of $150 million, which values the company at $1.2 billion.
Monday, July 18, 2022 - 13:42
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/news/payments/stori-becomes-mexicos-newest-unicorn
Financial IT
