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As Pandemic-Driven Fraud Increases, Firms Respond with Accelerated Adoption of Defenses

Today, Bottomline and Strategic Treasurer release the results of the 2021 Treasury Fraud & Controls Survey. This is the 6th annual survey between the long-time collaborators, whose research partnership also includes the annual B2B Payments Survey.  

Wednesday, February 10, 2021 - 17:00
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Financial IT
Mauritius Commercial Bank Taps Windward’s AI Solution to Optimize Trade Finance and Compliance Processes

Today, Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business.

Wednesday, February 10, 2021 - 16:35
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Financial IT
Opencast Shares Its Top Tips for How Tech Businesses Can Maintain a Strong Company Culture in 2021

The pandemic has re-shaped many businesses’ operations during the past 12 months, with company culture often suffering as a result. This problem has affected businesses of all sizes, and with the UK currently in the grips of a third national lockdown, it shows no sign of abating. 

Wednesday, February 10, 2021 - 15:48
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Financial IT
Paysend to Waive Money Transfer Fees in Celebration of Chinese New Year

To celebrate Chinese New Year, global end-to-end payments provider Paysend has announced that the company is waiving international money transfers fees for funds sent to recipients in China through March 31, 2021.

Wednesday, February 10, 2021 - 15:47
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Financial IT
Avelacom Extends Low Latency Connectivity and Data Solutions to AWS US West (N. California) Region

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, continues to enhance global trading speeds, through the deployment of a new point-of-presence (PoP) in San Jose, California. The new PoP is located in Equinix SV1, San Jose data center and Avelacom has also set up AWS Direct Connect aimed at providing direct access to AWS-based crypto trading platforms, pricing feeds and other critical trading applications via private network rather than over public internet.

Wednesday, February 10, 2021 - 14:28
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Financial IT
NYMBUS Raises $53 Million in Series C Funding Led by Insight Partners

NYMBUS®, a leading provider of banking technology solutions, today announced a $53 million financing round led by existing investor Insight Partners - notable for backing ScaleUp SaaS companies with capital and operational support.

Wednesday, February 10, 2021 - 13:53
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Financial IT
Payments Predictions For The 2020s

Without a doubt, 2020 was a pivotal moment for payments. The rocky start to the decade saw the way we pay for everything from DIY items to food shopping change significantly. With the desire to prevent the novel coronavirus from spreading, we saw the volume of digital payments increase exponentially.

Wednesday, February 10, 2021 - 13:26
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Financial IT
How Technology is Changing the Real Estate Industry

Technology disrupts the world. This has happened throughout human history. Real estate has been no different. Read on to find out more.Technology disrupts the world. This has happened throughout human history. Real estate has been no different. Read on to find out more.

Wednesday, February 10, 2021 - 13:05
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Financial IT
ION Investment Group to Acquire DASH Financial Technologies

DASH Financial Technologies (“DASH”), the leading options technology and execution provider in the U.S., today announced that ION Investment Group (“ION”) has entered into a definitive agreement to acquire the company from Flexpoint Ford, LLC (“Flexpoint Ford”).

Wednesday, February 10, 2021 - 12:52
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Financial IT
Adyen Publishes H2 2020 Financial Results

Adyen published the latest earnings results, indicating another strong half-year for the global payments fintech. 

Results reflect business resilience and continued profitable growth in the second half of 2020, as surging volumes in online retail and digital goods verticals compensated for declining travel volumes.

H2 2020 Figures

Wednesday, February 10, 2021 - 12:33
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Financial IT

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