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ZoomInfo appoints Equiniti for Wall Street IPO

EQ US, a division of Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce its appointment as transfer agent to ZoomInfo, which priced on NASDAQ on 4 June 2020 and closed the IPO on 8 June 2020. 

Headquartered in Vancouver, Washington, ZoomInfo is a cloud-based market intelligence platform providing B2B databases and automation tools for sales and marketing teams. On listing, shares increased by 62% to represent a market capitalisation value of $8.3 billion.

Tuesday, June 9, 2020 - 13:49
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Financial IT
The European P2P lending market will resume its growth this summer
The COVID-19 pandemic has affected nearly every sector, including the P2P lending market, which demonstrated a decrease in funding volumes during March and April. However, analysts of Robo.cash are confident that the European P2P lending platforms will resume their growth in summer.
Tuesday, June 9, 2020 - 13:32
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Financial IT
What to look out for in this week’s FOMC meeting

A preview of the US FOMC meeting, including its guidance on the US economy and interest rates, which concludes with a virtual press conference at 7pm B.S.T., Wednesday 10 June.

Since the onset of the COVID-19 pandemic, the Federal Reserve has unveiled a wide range of easing measures designed to support the US economy. This has included cutting interest rates to zero and pledging to purchase an unlimited amount of bonds to drive down yields and keep financing costs as low as possible. 

Tuesday, June 9, 2020 - 13:20
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Financial IT
Save the Date: TradeON Summit Coming July 15, 2020

Join thousands of retail traders and brokers during an 18-hour live summit from the comfort of your home.

Summer may have officially arrived, but the trading volatility has shown no signs of slowing down. Join Finance Magnates and Forex Live for the virtual TradeON Summit 2020, taking place July 15, 2020.

Tuesday, June 9, 2020 - 12:48
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Financial IT
Aon’s partnership with GK8 provides insurable digital-asset storage tech

GK8, the high-security custody solution for safeguarding and managing digital assets, announces its product is now insurable via Aon UK Ltd utilising insurance provided by a panel of insurers led by Arch Underwriting at Lloyd’s Syndicate 2012, which is part of the Lloyd’s insurance market. GK8 clients can activate the insurance policy to protect their assets under custody at a coverage cap of potentially $500 million.

Tuesday, June 9, 2020 - 12:30
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Financial IT
Nuapay appointed to deliver Payment Initiation Services to UK Public Sector

Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected to join the UK Government Crown Commercial Service’s Payment Acceptance Framework. This will enable public sector organisations to benefit from accepting open banking payments through Payment Initiation Services for the first time.

Tuesday, June 9, 2020 - 12:17
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Financial IT
Australian Fintech Hay Selects Featurespace to Strengthen Prepaid Card Security and AML

Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has revealed that Australian fintech Hay has selected its ARIC™ Risk Hub to detect and prevent fraud and money laundering on its mobile-first solution.

Tuesday, June 9, 2020 - 12:13
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Financial IT
Tabby secures a $7 million investment to support its launch in Saudi Arabia

UAE-based buy now, pay later startup Tabby has secured a $7 million investment to support its launch in Saudi Arabia. The funding round was led by Raed Ventures with participation from MSA Capital and existing investor Arbor Ventures.

Tuesday, June 9, 2020 - 11:38
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Financial IT
UK Retail eCommerce Sales Rise 168 Percent in May, ACI Worldwide Research Reveals

 eCommerce transactions in the UK retail sector have seen a 168 percent increase in May compared to the same period last year, driven by rising online sales of electronic items, DIY supplies, home furnishings and sportswear, according to an analysis of hundreds of millions of transactions of leading UK retailers by payments software company ACI Worldwide.

Tuesday, June 9, 2020 - 11:16
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Financial IT
PayX deep dives into Open Development Payment Platforms with an independent study into TranzAxis

Compass Plus, a global payments software and services vendor, and PayX, the internationally renowned payment specialists, have announced the availability of a new report that takes a deep dive into TranzAxis, the Open Development Payments Platform from Compass Plus.

Tuesday, June 9, 2020 - 11:09
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Financial IT

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