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DFSA Takes Action to Protect the Integrity of Islamic Finance

The Dubai Financial Services Authority (DFSA) withdrew the Authorised Individual status and imposed a restriction on Trevor Conway, a Senior Executive Officer at a DFSA-authorised firm (Firm), following an investigation into his conduct in relation to the Firm’s Commodity Murabaha Broking Desk (the Desk).

Thursday, June 30, 2022 - 11:34
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Financial IT
Payments Specialist Kenswitch Appoints Karimi Ithau as Managing Director

Kenswitch, the leading Payments Service Provider (PSP) in Kenya, has appointed Karimi Ithau as its new managing director, replacing George Wainaina who left a few months ago. Ithau previously served as the head of the sales network at Interswitch for the last five years prior to the new role.

Thursday, June 30, 2022 - 11:27
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Financial IT
Global Payments Platform Transact365 Announces 300% Year-on-year Growth

Transact365, a UK-based global payments platform powering merchants across the globe, has recorded 300% year-on-year growth in its third year of European operation. 

Founded in 2017, Transact365 offers a global payments solution platform for merchants across the world in leading industries. Headquartered in London, Transact365 now works with over 800 merchants to access e-commerce opportunities in five continents through local payment processing solutions. 

Thursday, June 30, 2022 - 11:16
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Financial IT
NatWest Launches Digital Carbon Planner to Help UK Businesses Manage Future Fuel and Operational Costs

NatWest has today announced the launch of its Carbon Planner, a free-to-use digital platform designed to help UK businesses manage their future fuel and operational costs, and reduce their carbon footprint to help them go and grow greener.

Thursday, June 30, 2022 - 10:56
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Financial IT
UK Unicorn Zilch Extends Series C by $50M Bringing Total to $160M

Zilch, the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m. The extension brings Zilch’s total funding to more than $460m in debt and equity and sees the fintech company maintain its valuation.
 

Thursday, June 30, 2022 - 10:11
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Financial IT
Over a Quarter of Europeans Use Bank Branches just Once a Year

Analysis from leading global management consulting firm Kearney has found that 21% of Europeans in 2022 never visit a bank branch and carry out their banking remotely – a figure that almost doubled in the pandemic, rising from 12% in 2019. 

Wednesday, June 29, 2022 - 15:56
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Financial IT
Clearwater Analytics and Liquiditybook to Offer End-To-End Portfolio Investment and Operations

Clearwater Analytics, a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, and LiquidityBook, a leading provider of cloud-native trading solutions for the buy and sell sides, announced today that they will leverage their proven connectivity to offer clients an end-to-end portfolio investment and operations experience.

Wednesday, June 29, 2022 - 14:38
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Financial IT
Esusu and BH Partnership Puts Over 9,800 Residents on the Path to Financial Success

Esusu, the leading financial technology company advancing rent reporting and data solutions for credit building, and BH, a leading vertically integrated multi

Wednesday, June 29, 2022 - 14:17
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Financial IT
Medius Builds Senior Team with Appointment of Two Channel Leaders

Medius, a leading provider of AP Automation and wider spend management solutions, announces the appointment of two new Channel Leaders to its senior team.

Wednesday, June 29, 2022 - 13:49
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Financial IT
FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments

Financial technology leader FIS announced today the launch of its Guaranteed Payments solution, becoming the only payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the

Wednesday, June 29, 2022 - 13:29
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Financial IT

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