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Quantexa raises $64.7 million (£51.2m) in Series C round to drive hyper-growth in big data and analytics ecosystem

Quantexa – the contextual decision intelligence software company that empowers organisations to make better decisions – has today announced that it has closed a Series C round, raising a further $64.7 million (£51.2m) in funding.

 

Friday, July 24, 2020 - 17:39
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Financial IT
Finzly simplifies consumer digital account opening process to advance modern banking experience

As consumers increasingly leverage digital channels for their banking needs, Finzly, a modern fintech provider of banking applications for foreign exchange, trade finance, payments and digital banking, announced the availability of its contactless consumer digital account opening solutions that empower community financial institutions to deliver convenient, modern banking experiences to account holders while eliminating manual processing and driving operational savings.

 

Friday, July 24, 2020 - 17:13
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Financial IT
Financial services firms must ‘cut the cord’ in order to weather the COVID-19 storm

This year, the financial sector’s plans have been thrown off course by a global pandemic that sent a wave of disruption rippling through the business world. The resulting national lockdowns sparked a flurried uptake of remote working tools by businesses looking to maintain operations with employees working from home.

Friday, July 24, 2020 - 16:05
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Financial IT
Change, efficiency and fraud: how payments professionals can help shape a better world

Bottomline’s virtual media roundtable, hosted by the company’s Ed Adshead-Grant last month, gave three financial experts the chance to discuss the findings of the Bottomline Business Payments Barometer 2020 and their implications across the UK payments landscape.

 

 

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Box panel

 

Gavin Maclean, Head of Cash Management and Payment Product, Lloyds Banking Group:

Thursday, July 23, 2020 - 09:54
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Financial IT
Maitland enhances AML compliance services in Luxembourg

Maitland, the leading global advisory and fund administrator, has announced it is enhancing its AML regulatory compliance capabilities to meet rising demand among Luxembourg fund managers.

 

Driving the need for outsourced compliance services in Luxembourg is the latest anti-money laundering (AML) guidance from the Commission de Surveillance du Secteur Financier (CSSF).

 

Thursday, July 23, 2020 - 09:52
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/news/compliance/maitland-enhances-aml-compliance-services-luxembourg
Financial IT
Eventus Systems appoints Joseph Schifano to new role of Global Head of Regulatory Affairs

Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced the appointment of Joseph Schifano as Global Head of Regulatory AffairsMikhail Gasiorowski as Sales Director, North America, and Diane Imas as Director of Marketing. Schifano is an attorney with more than 20 years of experience in market surveillance matters, most recently as Deputy General C

Thursday, July 23, 2020 - 09:51
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/news/people-moves/eventus-systems-appoints-joseph-schifano-new-role-global-head-regulatory-affairs
Financial IT
Lloyds Banking Group and Form3 have entered into a strategic partnership

Lloyds Banking Group (Lloyds) has today announced a strategic partnership with Form3, a cloud-native payments technology fintech, to accelerate its digital transformation and enhance the digital experience for customers.

 

Thursday, July 23, 2020 - 09:49
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/news/payments/lloyds-banking-group-and-form3-have-entered-strategic-partnership
Financial IT
Mode introduces next-gen bank transfers powered by ‘Open Banking’ technology

Mode, the new breed digital banking app, has extended its partnership with payments provider Modulr to launch its first feature powered by ‘Open Banking’, as part of a long term commitment to deliver a truly digital banking app. The feature allows users to connect their external bank accounts to the Mode app, enabling them to make quick and easy top ups within the app.

 

Thursday, July 23, 2020 - 09:47
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/news/open-banking/mode-introduces-next-gen-bank-transfers-powered-open-banking-technology
Financial IT
Symphony expands global leadership team with appointment of Brad Levy as President and Chief Commercial Officer

Symphony, the leading provider of secure collaboration for global markets, today announced the appointment of financial industry pioneer Brad Levy, as President and Chief Commercial Officer.

 

Thursday, July 23, 2020 - 09:45
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/news/people-moves/symphony-expands-global-leadership-team-appointment-brad-levy-president-and-chief
Financial IT
38% of investors expect the recovery of P2P lending market by the end of 2020

According to a survey conducted by the P2P lending platform Robo.cash, more than a third of P2P investors expect the industry to recover by the end of this year. Investors see regular payments and a decrease in the number of loan defaults as two main signs of the market's recovery.

 

Thursday, July 23, 2020 - 09:41
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Financial IT

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