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Checkout.com makes its first acquisition, French startup ProcessOut

Checkout.com, a leading global payment solutions provider, today announces the acquisition of technology startup ProcessOut. This represents the first acquisition for the London-based financial technology firm and follows their 2019 announcement of a record-breaking $230 million Series A funding round. This valued the company at nearly $2 billion, in Europe’s largest fintech Series A round ever.

Wednesday, February 26, 2020 - 07:42
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Financial IT
Are credits not too commoditized?

Since 1 July 2007, the Belgian electricity market has been liberalized. While in the first years, only few consumers switched electricity provider, this has reached a new high this year. Incumbent providers are still trying to convince customers with product-differentiation slogans that they offer the best reliability or the greenest electricity. The truth is that electricity is a commodity product, with little to no differentiation in the offered product between providers.

Wednesday, February 26, 2020 - 07:32
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Capilever
OpenDoor Appoints Former Fidelity CIO as Chief Technology Officer

OpenDoor Securities , the continuous order book for less liquid US Treasuries, has named Carson Wong as Chief Technology Officer. Wong joins OpenDoor from Fidelity Capital Markets Technology, where he was most recently Senior Vice President and Chief Information Officer. As OpenDoor’s CTO, he will work closely with Co-founder, CEO and President Susan Estes to drive the product vision and roadmap for the Company.

Wednesday, February 26, 2020 - 06:02
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Financial IT
SIX to Invest in Omniex – a Provider of an Institutional Trading Platform for Digital Assets

Last Wednesday, SIX and Omniex signed a partnership agreement. The partnership will provide a gateway to digital exchanges (including crypto currency exchanges) and OTC market makers worldwide for SIX and its clients. This will create the basis for new business opportunities along the value chain of existing and future asset classes. The collaboration will allow clients of SIX to get a standardized and secure access to trade crypto currencies. As part of the partnership, SIX will become a shareholder in Omniex. The parties have agreed not to disclose the amount of the investment.

Wednesday, February 26, 2020 - 05:57
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/news/investment/six-invest-omniex-provider-institutional-trading-platform-digital-assets
Financial IT
eBay Will Begin Managing Payments in the United Kingdom

The United Kingdom will be the third market to introduce eBay’s managed payments experience, continuing the program’s global expansion.

As part of modernizing its marketplace and creating a more streamlined experience for customers, eBay is expanding its management of payments to the United Kingdom. As part of the rollout this summer, the company will offer buyers flexibility and choice in payment methods, and give sellers an easier way to manage their businesses.

Wednesday, February 26, 2020 - 05:50
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Financial IT
Mastercard Announces Leadership Transition

Mastercard (NYSE: MA) today announced that Ajay Banga, President and Chief Executive Officer, will transition to the role of Executive Chairman of the Board of Directors of Mastercard Incorporated on January 1, 2021. Mastercard’s Board unanimously elected Michael Miebach, Chief Product Officer, to become Chief Executive Officer and a member of the Board of Directors on January 1, 2021 and, as part of the transition, he will become President of the company, effective March 1, 2020.

Wednesday, February 26, 2020 - 05:46
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Financial IT
Expert System Appoints Walt Mayo as Group CEO to Scale Up Business in the US and Accelerate Global Growth

The Board of Directors of Expert System announced today that Walt Mayo has been appointed Group Chief Executive Officer. Walt joins Expert System with more than 20 years of sales, marketing and channel development leadership working with high-growth technology and scale-up businesses across the globe. He will be instrumental in expanding Expert System’s expansion in the US as well as responsible for driving a new phase of growth globally.

Wednesday, February 26, 2020 - 05:34
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Financial IT
noreplyg2@wtebiz.net
Tuesday, February 25, 2020 - 13:10
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Rabo Frontier Ventures Commits to Speedinvest 3

Rabo Frontier Ventures (“RFV") has committed to Speedinvest’s new fund (Si3). With its latest fund Speedinvest aims to build a portfolio of 80 to 100 investments in European technology startups. The fund, targeting a size of €190 million, will focus on sectors in which Speedinvest has gained experience since inception in 2011, including deep tech & enterprise software, fintech, industrial tech, marketplaces & network effects.

Tuesday, February 25, 2020 - 12:30
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Financial IT
Asian Private Banker Names Fenergo as the Best KYC and Client Onboarding Solution of the Year

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced it has been awarded “Best KYC and Client Onboarding Solution” by the Asian Private Banker Technology Awards. This accolade is testament to Fenergo’s powerful technology suite and ability to ensure compliance with regulations relating to KYC and customer onboarding for financial institutions in APAC.

Tuesday, February 25, 2020 - 11:38
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Financial IT

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