All content with RSS

Younger Generations Turn Their Back on Banks Without Strong Environmental Credentials

·         Clear majority (62%) of 18-34 year olds want more information about their carbon footprint, and over half (53%) expect their financial services provider to do more to help them reduce it

·         One in four (23%) 18-34s already track their environmental impact through an app and nearly half (43%) would switch to a new financial provider who allowed them to see the environmental impact of their purchases 

Thursday, March 31, 2022 - 09:35
46859
/news/open-banking/younger-generations-turn-their-back-banks-without-strong-environmental-credentials
Financial IT
'Crypto in the UK is at a regulatory crossroads’ - Mode's Rita Liu

"As just the fourth firm to be approved in the regime, we welcome new regulation as it encourages prosperity in the UK’s burgeoning crypto sector. As businesses that handle money, it is the correct approach for the FCA to ensure firms are suitably regulated and hold the relevant certification, such as the AML supervision.

Thursday, March 31, 2022 - 09:31
46858
/blog/uk-crypto/crypto-uk-regulatory-crossroads-modes-rita-liu
Financial IT
Blockchain Hackers Stole Nearly $700 Million in Q1 2022

Attacks on various crypto projects and ecosystems brought millions of dollars to hackers and scammers.

According to the recent findings by the Atlas VPN team, blockchain hackers stole $682 million in 72 hack events throughout Q1 2022. In addition, hacks on Solana and Binance Smart Chain ecosystems attributed to more than half of the losses during this quarter.

Thursday, March 31, 2022 - 09:25
46857
/news/blockchain/blockchain-hackers-stole-nearly-700-million-q1-2022
Financial IT
Klarna Launches ‘Klarna Kosma’ Sub-brand and Business Unit to Harness Rapid Growth of Open Banking Platform

Major strategic move sees Klarna target financial services businesses with dedicated business unit

Klarna’s Financial Technology Platform now connects to over 15,000 banks across Europe and the US, making it one of the most comprehensive bank aggregators in the world.  

Thursday, March 31, 2022 - 09:19
46856
/news/payments/klarna-launches-klarna-kosma-sub-brand-and-business-unit-harness-rapid-growth-open
Financial IT
DataBP Expands Data Services Business with MarketAxess

DataBP, the data licensing and commercial management platform, today announced that MarketAxess, the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, is leveraging DataBP’s services to support and automate data licensing and post-sales processes. 

Thursday, March 31, 2022 - 09:15
46855
/news/data/databp-expands-data-services-business-marketaxess
Financial IT
Traditional Banks and Closing the Digital Divide

Traditional banks as we know them are at a crossroads. One that will determine their role for the next several years and decades. Established financial institutions today confront a significant uphill battle to stay up with the capabilities and agility of a new generation of digital-first competitors. All of this while juggling the additional responsibility of ensuring that existing systems continue to operate without interruption. 

Thursday, March 31, 2022 - 05:55
46854
/blog/banking-digitalization/traditional-banks-and-closing-digital-divide
Financial IT
81% of Global Financiers Say Legacy IT Inhibits Business Change

Appian today reveals that global leaders in financial services and insurance (FSI) believe that legacy IT infrastructure and applications are holding back their business transformation aspirations and automation objectives.

Wednesday, March 30, 2022 - 18:26
46853
/news/financial/81-global-financiers-say-legacy-it-inhibits-business-change
Financial IT
Tricount, Aion Bank and Mastercard Join Efforts to Transform Shared Expense Management

Tricount users can now reimburse expenses through a one-click bank-to-bank transfer in the app

Connection to users’ bank accounts is enabled by Aion Bank and Vodeno

Aion Bank and Vodeno are part of Mastercard’s Fintech Express programme aimed at connecting digital players and driving collaboration

Wednesday, March 30, 2022 - 18:17
46852
/news/payments/tricount-aion-bank-and-mastercard-join-efforts-transform-shared-expense-management
Financial IT
Accelerated Payments Ranked Fifth by Business Money’s Intermediary Index

Accelerated Payments today announced it has been ranked fifth on Business Money’s Receivables 2021 Intermediary Index, an industry review of the UK invoice finance sector. The review sees experienced commercial finance brokers reporting on how invoice financiers around the country respond to, and manage client needs, the appraisal process, and the ongoing relationship.

Wednesday, March 30, 2022 - 17:55
46850
/news/payments/accelerated-payments-ranked-fifth-business-moneys-intermediary-index
Financial IT
ICON Advises AI Text Analytics Innovators on Scaleup Funding Round from YFM Equity Partners

Tech-focused investment bank 

Wednesday, March 30, 2022 - 17:38
46849
/news/investment/icon-advises-ai-text-analytics-innovators-scaleup-funding-round-yfm-equity-partners
Financial IT

Pages