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In terms of technology adoption, it is widely acknowledged that the mortgage market lags behind the consumer credit sector. The COVID-19 pandemic in particular has highlighted the need for lenders to boost their automation capabilities to enable better digital services for customers, enhance their risk management capabilities and streamline their operations to aid recovery.
CoinDCX, India’s largest and safest cryptocurrency exchange and liquidity aggregator, announces B itGo, the leader in digital asset financial services, as its custodian. As the custodian of CoinDCX, BitGo will provide the secure storage and custodianship of cryptocurrencies held on CoinDCX, fully insured and protected by BitGo’s $100 million insurance policy. CoinDCX began transferring assets to BitGo’s wallets last week.
Venafi®, the inventor and leading provider of machine identity protection, today announced a definitive agreement to acquire Jetstack, a global leader in open source machine identity protection software for Kubernetes and cloud native ecosystems. This acquisition is an industry first that will transform the way modern applications required by digital transformation are secured.
Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, has today announced several key appointments to its senior leadership team. Paul Prior has been appointed as Chief Product Officer, while Sandra Higgins has been appointed as Chief Marketing Officer and Lisa Grassick as Head of People.
Aegean Baltic Bank of Greece (ABB) has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting and OneSumX for Risk Management as its integrated risk and regulatory reporting software solution, helping the bank to meet its Basel IV and CRD V obligations.
Following 500% growth in the past 12 months, Freetrade, the smart app that makes investing easy for everyone, has raised £4.5m from more than 5,000 people in just four hours. Working with Crowdcube, they exceeded the £1 million target in just 4:33 minutes and raised £3m from existing shareholders before opening the campaign to their customers. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year and it remains open to investment as the fintech pioneer sets its sights on a £7 million funding goal.