Report from Moorwand explores the impact of outsourcing to either specialist or generalist providers on fintech growth
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Nearly £1M in Additional Revenue Generated by Fintechs who Outsource to Specialists
Wednesday, August 4, 2021 - 11:13
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Financial IT
Commerzbank Achieves Operating Result of €570M in First Half Year – Transformation Making Good Progress
| ● | Revenues in first half year of €4.35bn (H1 2020: €4.12bn) reflect robust customer business |
Wednesday, August 4, 2021 - 10:59
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/news/banking/commerzbank-achieves-operating-result-eu570m-first-half-year-transformation-making-0
Financial IT
The Xperience Group Partners with DivideBuy to Help Clients Fund ‘the Perfect Image’
The photography collective introduced DivideBuy’s instant credit and installment payment plan options to make it easier for clients to pay for their photography
Leading LendTech company, DivideBuy, which recently topped Deloitte’s Technology Fast 50 UK, 2020, has announced its partnership with the independently-owned photography business, the Xperience Group.
Wednesday, August 4, 2021 - 10:41
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/news/lending/xperience-group-partners-dividebuy-help-clients-fund-perfect-image
Financial IT
Square Pushes into the BNPL Space as it Expands into Different Payment Sectors
Square plans to acquire Australia-based buy now, pay later (BNPL) provider Afterpay in a whopping $29 billion deal that's set to close in Q1 2022.
Wednesday, August 4, 2021 - 10:25
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/news/payments/square-pushes-bnpl-space-it-expands-different-payment-sectors
Financial IT
Teachers Building Society Selects Finastra’s Fusion Essence Cloud to Digitally Enhance Customer Journey
Fusion Essence Cloud will automate core processes and digitalize the end-to-end customer journey to support growth in mortgage lending and savings
Wednesday, August 4, 2021 - 10:07
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/news/lending/teachers-building-society-selects-finastras-fusion-essence-cloud-digitally-enhance
Financial IT
GKG’s Kapital Investment Group B.V. enters Turkey by acquiring Işık Menkul
Kapital Investment Group B.V. (KIG BV), part of the global financial services group Global Kapital Group, has acquired Işık Menkul Değerler A.Ş., a multi-asset broker in Turkey.
The acquisition gives KIG BV a greatly increased product range, as Işık Menkul is a multi-asset broker offering trading in stocks, futures, FX, commodities as well as CFD products.
Wednesday, August 4, 2021 - 09:50
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/news/trading-systems/gkgs-kapital-investment-group-bv-enters-turkey-acquiring-isik-menkul
Financial IT
Foresight Research: Consumer Resistance to Banking AI in Georgia
Few banks are disclosing the number of AI users that engage with their chatbots. Why? Bank of America reported about 20 million or about 30% of their customers arere using ERICA – their chatbot. ERICA has been in use for about 4 years, So, Foresight Research wondered about consumer resistance to AI and chatbots and surveyed 400 consumers of banking products and services to find out the resistance to AI in Georgia.
Wednesday, August 4, 2021 - 09:39
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/news/artificial-intelligence/foresight-research-consumer-resistance-banking-ai-georgia
Financial IT
SmartSearch Achieves Record H1
Leading anti-money laundering specialist SmartSearch has achieved its best ever first half year results in 2021, following a surge in demand for its online ID check and due diligence platform.
The multi-award-winning RegTech specialist, based in Ilkley, West Yorkshire recorded 27% in business growth and an increase in users from 45,000 to 53,000. In addition, the firm has seen 21% expansion in its team in the first half of the year, increasing from 135 in January to 164 in June.
Wednesday, August 4, 2021 - 09:34
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/news/digital-identity/smartsearch-achieves-record-h1
Financial IT
TrueLayer Continues its European Expansion Appointing Clement Boulais as General Manager for France
TrueLayer, Europe’s leading open banking platform, has announced that Clement Boulais has joined the firm as General Manager for France. A highly experienced commercial manager and fintech expert, Paris-based Clement will define and manage commercial strategy in France, alongside TrueLayer’s Chief Revenue Officer Max Emilson.
Wednesday, August 4, 2021 - 09:21
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/news/e-commerce/truelayer-continues-its-european-expansion-appointing-clement-boulais-general
Financial IT
Square, Inc. Announces Plans to Acquire Afterpay, Strengthening and Enabling Further Integration Between its Seller and Cash App Ecosystems
Brings together two of the fastest growing global fintech companies to advance shared mission of economic empowerment and financial inclusion
Wednesday, August 4, 2021 - 09:14
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/news/payments/square-inc-announces-plans-acquire-afterpay-strengthening-and-enabling-further
Financial IT
