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Avaloq partners with ABAKA to deliver AI-powered digital banking solutions

ABAKA and Avaloq have announced a strategic partnership where ABAKA will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world. This latest addition to the ecosystem follows ABAKA’s successful Series A funding round which saw the firm raise USD 6.5 million – one of the biggest investments in technology for the pensions and retirement market.

Tuesday, March 3, 2020 - 15:45
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Financial IT
Mashreq Bank and DIFC Launch Instant Bank Account Opening With The Region’s First KYC Blockchain Platform

Dubai International Financial Centre (DIFC) and Mashreq today announced the region’s first blockchain data sharing platform, now live in production, to support licensed businesses and corporates opening digital bank accounts instantly.

Tuesday, March 3, 2020 - 12:49
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Financial IT
Coronavirus crisis sees UK investor buy £1m of Swiss gold by smartphone

With gold prices jumping in February as the stock market tumbled amid the worsening coronavirus crisis, one UK investor used their smartphone to buy almost £1 million of gold in one trade, a new record for market-leader BullionVault's mobile apps.

Total activity both online and by smartphone rose to its strongest since Donald Trump won the White House in November 2016, with the value of client bullion – stored and insured in each user's choice of London, New York, Singapore, Toronto or (most popular) Zurich – setting new all-time highs above £1.9bn.

Tuesday, March 3, 2020 - 12:42
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Financial IT
Coins and tokens - can you spot the difference?

Although the terms are often used interchangeably, crypto coins and crypto tokens are in fact not the same. Both are decentralised and based on blockchain technology, but coins and tokens have different functions. They, therefore, reside in different spaces of the digital finance market.

Tuesday, March 3, 2020 - 12:25
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Paybase
NatWest reaffirms support for UK businesses by removing monthly current account fee

NatWest has today reaffirmed its commitment to supporting UK SMEs by removing the minimum monthly fee from its Business account and launching its free ‘Business Builder’ digital coaching programme for start-ups and entrepreneurs,

Tuesday, March 3, 2020 - 12:21
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Financial IT
SmartStream and Luxoft Form Global Alliance to Help Financial Institutions Digitally Transform the Post-Trade Lifecycle

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, and Luxoft, a DXC Technology Company (NYSE: DXC), today announced an agreement to help financial institutions digitally transform the entire post-trade lifecycle, enabling more efficient, streamlined an

Tuesday, March 3, 2020 - 12:18
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/news/transaction-banking/smartstream-and-luxoft-form-global-alliance-help-financial-institutions
Financial IT
London Blockchain Firms Raise over $500 Million in Equity Funding since 2013

Analysis of global startup hubs by Outlier Ventures, as part of London Blockchain Week has revealed that London may be one of the most preferred hubs for blockchain start-ups to headquarter themselves. 

A remarkable 450 blockchain companies call London home. Inflow of talent from the EU (prior to Brexit), low barriers to company incorporation and active involvement of the FCA combined with the broader fintech ecosystem around London is considered to be the key reasons behind this. 

Tuesday, March 3, 2020 - 12:13
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Financial IT
Sambat Finance Partners with TurnKey Lender to digitally transform their lending business

TurnKey Lender, an award-winning provider of decision management and lending automation solutions, has closed a deal with the leading financial institution in Cambodia, SAMBAT Finance.

Tuesday, March 3, 2020 - 11:33
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/news/artificial-intelligence/sambat-finance-partners-turnkey-lender-digitally-transform-their
Financial IT
Miranda McLean nominated for ‘Woman of the Year – Creditor’

Miranda McLean, Senior Director and Global Head of Marketing at Banking Circle has been listed as a finalist in the Women in Credit Awards, from Credit Strategy. Now in their third year, the Women in Credit Awards are the only awards programme dedicated to recognising and championing the inspirational work of women from across the credit and financial services industry.

Winners will be announced at a gala dinner hosted by stand-up comedian, actor and writer, Suzi Ruffell, at the Leonardo Royal Hotel in London on 19th March.

Tuesday, March 3, 2020 - 11:13
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/news/banking/miranda-mclean-nominated-woman-year-creditor
Financial IT
Unrivaled Access to Transactional Data through ARM Insight’s New Research Tool – Enlightmint

An exclusive interview with Randy Koch, CEO at ARM Insight.

 

Could you please tell more about ARM Insight and what kind of products you are showcasing?

 

Tuesday, March 3, 2020 - 11:02
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Financial IT

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