NatWest has today appointed Julie Ashmore as CEO of its digital overdraft alternative Rapid Cash, as it bids to accelerate growth of its working capital venture throughout 2020.

Ashmore joins NatWest from Growth Street, where she was Commerical Director for the peer to peer fintech lender. Prior to this, Ms Ashmore was Head of SME Lending at HSBC, has over 30 years’ experience working within the SME banking and finance market, and has also run her own consultancy and coaching business.

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of its Application Programming Interface (API) Marketplace (‘Marketplace’) to provide its clients, partners and internal developers with a single, central location for APIs developed by DTCC, streamlining access to services and improving the user experience.

London-headquartered global currency specialist Mercury FX has invested in cutting-edge platform from RegTech firm TruNarrative, to enhance its customer onboarding processes, regulatory compliance and financial crime prevention strategy.

As a regulated firm, Mercury FX is required to perform a multitude of Know Your Customer (KYC) checks on companies and individuals they work with. Being a global business, Mercury must be able to onboard and monitor customers from all over the world.

There are always many reasons one might want to organise a trip to Paris. For the last couple of years, the Paris FinTech Forum has become another one of these reasons.

First launched in 2015 and hosted in the charming Palais Brongniart - the former stock exchange building – the Paris FinTech Forum has established itself as an unmissable date for financial services experts from all over the world.

Co-authored with Ramtin Matin, Lead Technological Strategist, SpareBank 1 SR-Bank
 

Artificial intelligence is one of the key components behind the digital revolution in the banking and finance sector. From fraud protection to customer service, there is a seismic shift in how these companies are using technology—and AI specifically—to improve product portfolios and bolster bottom lines.

Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.

AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, today announced it will launch a joint initial margin analytics service with Clarus Financial Technology (FT).

Today, authentication platform Veridium launches its proprietary facial recognition technology, vFace.

The European Investment Bank (EIB) and Azimo, the European money transfer service, today announced a EUR 20 million debt agreement.