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Financial IT interview with Torstone Technology Limited at Money20/20 Europe
Friday, June 30, 2023 - 04:59
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Financial IT
Nokod Raises $8M Seed Round From Seasoned Cybersecurity Investors to Enhance Low-Code/No-Code App Security

Nokod Security, a company developing security for low-code / no-code custom applications and Robotic Process Automation (RPA), announced its $8 million seed round, which will be used to establish a presence in the United States market, as well as to expand the R&D teams and support novel research

Friday, June 30, 2023 - 04:53
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Financial IT
Managing Risk, Regulations, and Growth During an Economic Downturn

Recent headlines have unsettled investors, banks, their customers, and regulators. The sudden collapse of storied banks with sometimes long histories exposed the fragility of financial institutions and how rapidly the contagion of panic can spread throughout the system. The notions of any bank being “too small for regulation” or “too big to fail” have been proven wrong. Recent events stand as a reminder of how vulnerable the banking sector can be when economic turmoil and events drive rapid changes in market conditions.

Friday, June 30, 2023 - 04:47
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Financial IT
DeFi protocol AlloyX Raises $2M Pre-Seed Round, Launches Aggregation Platform for $530M+ RWA Loans On Chain

AlloyX, a decentralized finance (DeFi) protocol that aggregates tokenized credit, announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round1 led by Hack VC, with investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very early Ventures, Archblock, dao5, and Credix Finance.

Thursday, June 29, 2023 - 16:49
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Financial IT
Confluence Unveils AI Strategy to Deliver Real Impact for the Investment Management Industry

Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider to the investment management industry, today announced the first development out of its innovation lab that leverages AI technology to solve complex industry problems.

Thursday, June 29, 2023 - 16:46
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Financial IT
TransUnion and NatWest Strengthen Award-Winning Partnership to Expand Credit Score Service to All Eligible UK Consumers

TransUnion and NatWest Group have expanded their existing partnership to introduce Know Your Credit Score – the first credit information service from a retail bank available to all eligible consumers in the UK.

Thursday, June 29, 2023 - 16:42
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/news/compliance/transunion-and-natwest-strengthen-award-winning-partnership-expand-credit-score
Financial IT
Wales Tech Week Announces FinTech Wales as Fintech Zone Partner to Reflect Strength of Flourishing Sector

FinTech Wales will be joining Wales Tech Week as its official fintech zone partner, summit creator Technology Connected has announced. The collaboration aims to showcase the remarkable Welsh innovation and technological capability within the fintech sector.

A key driver for the Wales Tech Week summit, a physical and online event that takes place in Newport in October, is to platform the breadth and depth of Welsh expertise, which includes highlighting the impressive innovation and growth of the fintech sector in Wales.

Thursday, June 29, 2023 - 16:32
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Financial IT
Can We Say Goodbye to the PIN?

While Personal identification numbers (PINs) have been at the heart of best-practice data security for decades, it is no longer the most securely available mode for transactions.

Thursday, June 29, 2023 - 14:26
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Financial IT
First Farmers Bank & Trust Partners with Allied Payment Network to Provide Real-time Payments Solutions to Customers

Allied Payment Network, Inc. (Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, today announced its new relationship with Indiana-based First Farmers Bank & Trust as the bank’s payments partner. Allied’s solutions will integrate with the bank’s Q2 Digital Banking Platform.

Thursday, June 29, 2023 - 14:21
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Financial IT
InvestGlass Partners with Sumsub to Revolutionize KYC Compliance in the Financial Sector

InvestGlass, a leading provider of digital investment management solutions, is proud to announce a strategic partnership with Sumsub, a global identity verification platform.

This partnership promises a robust, integrated solution to expedite and enhance the Know Your Customer (KYC) process for banks, brokers, and crypto platforms globally. Leveraging both firm’s expertise, the partnership aims to fortify compliance procedures in a fast-paced financial environment.

Thursday, June 29, 2023 - 14:01
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Financial IT

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