Empower, a mobile banking app in the US challenger bank category, has raised $20 million in Series A funding, with participation from Icon Ventures, Defy Ventures, and David Velez, founder and CEO of Brazil's Nubank.
All content with RSS
Empower Chalks Up $20 million Series A
Friday, March 6, 2020 - 11:24
32287
/news/banking/empower-chalks-20-million-series
Financial IT
Better data storage can revolutionise fintech: here’s how
New technologies are upending banking and finance, often in unforeseeable ways. Financial institutions now must find better ways to deliver the services their customers expect, whether it’s money management, investing, trading, or making payments.
Data is behind all the technologies that are revolutionising finance. Whether it be blockchain, machine learning, or high-speed trading, fintech requires rapid access to huge – and ever-growing - volumes of data.
Friday, March 6, 2020 - 10:46
32286
/blog/financialservices/better-data-storage-can-revolutionise-fintech-heres-how
Financial IT
Truevo Launches Point of Sale Solution in UK, Ireland, Malta
Full-service card acquirer and payment service provider, Truevo, has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today. Previously, Truevo has specialised in online, mobile and push payment solutions, so this offering marks the broadening of their product range into the card-present industry.
Friday, March 6, 2020 - 10:28
32285
/news/payments/truevo-launches-point-sale-solution-uk-ireland-malta
Financial IT
Nimble selects Mambu to pivot into digital banking
Nimble, a leading provider of unsecured credit in Australia, has selected Mambu’s market-leading, pure SaaS solution as its new banking technology platform as the company looks to commence its evolution to ultimately offer mainstream digital banking services.
Mambu’s cloud-native platform will allow Nimble to develop innovative lending products in-house, at a rapid pace, while the company begins to explore potential options and experiments with core digital banking product capability.
Friday, March 6, 2020 - 10:13
32284
/news/banking/nimble-selects-mambu-pivot-digital-banking
Financial IT
Cappitech’s Tips And Checklist For SFTR Implementation Success
With just over a month to go until the SFTR go-live date for some market participants, most notably banks and many investment firms, regulatory reporting, best execution analysis and business intelligence market leader, Cappitech, has put together some tips and tricks for firms getting ready to report now or later in the year. Below is a brief summary.
Friday, March 6, 2020 - 10:11
32283
/news/banking/cappitechs-tips-and-checklist-sftr-implementation-success
Financial IT
Are Challenger Banks Transforming the Lending Market or Just Providing Digital Makeup?
The short answer is yes…. sometimes to both. However, there is a huge change underway and enough evidence to suggest that customer and competitive pressure alone will drive more change, even without further regulatory updates.
Globally, and in the UK, margins in the lending market are feeling the pressure. Slow credit growth (currently at 2.5% in the UK), and low interest rates are the primary drivers. This has fuelled competition, especially for lending products with higher margins, such as mortgages.
Friday, March 6, 2020 - 09:58
32282
/blog/banking/are-challenger-banks-transforming-lending-market-or-just-providing-digital-makeup
Financial IT
Transparency of P2P Platforms is a Priority for 40% of Investors
A recent survey conducted by the P2P platform Robo.cash among European P2P investors has shown that transparency plays a key role for them. Thus, 40.7% of respondents said that they rely on this criterion when choosing a P2P platform for investing.
Friday, March 6, 2020 - 09:49
32281
/news/e-commerce/transparency-p2p-platforms-priority-40-investors
Financial IT
Genesys Cloud Now Available on Amazon Web Services (AWS) Marketplace
Genesys, a global leader in cloud customer experience and contact center solutions, announced that Genesys Cloud is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors. The catalog makes it easy for organisations to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Now, enterprises have another option to procure Genesys Cloud, an all-in-one solution and the world's leading public cloud contact center platform.
Friday, March 6, 2020 - 09:44
32280
/news/cloud/genesys-cloud-now-available-amazon-web-services-aws-marketplace
Financial IT
FCA Censures Crypto Exchange BitMex
We believe this firm has been providing financial services or products in the UK without our authorisation.
Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
However, some firms act without our authorisation and some knowingly run investment scams.
Friday, March 6, 2020 - 04:17
32279
/news/security-and-compliance/fca-censures-crypto-exchange-bitmex
Financial IT
HTB Joins Isignis Cash Platform
HTB is the latest bank to join the Insignis Cash Platform and will offer savings deposit accounts to Insignis’ personal and SME clients.
Friday, March 6, 2020 - 04:14
32278
/news/banking/htb-joins-isignis-cash-platform
Financial IT
