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Azimo and Ripple Partner to Deliver Faster, Cheaper Payments to the Philippines

Azimo, Europe’s leading digital money transfer service, announced today that it has partnered with Ripple, the enterprise blockchain solution for global payments. 

Azimo has launched its first service using Ripple’s On-Demand Liquidity solution (ODL) to send faster and cheaper cross-border payments to the Philippines, with plans to expand to more markets in 2020. The Philippines is one of the top remittance destinations globally, receiving $34 billion in 2018. 

Wednesday, February 26, 2020 - 14:42
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Financial IT
Klarna UK hits 7 million customers and 1.6 million app downloads

Klarna, a leading global payments and shopping provider, has today announced its latest figures showing sustained growth both in the UK and globally. The year on year global volumes and revenue increased by 32% and 31% respectively while the volume processed now amounts to over USD 35 billion. 

Wednesday, February 26, 2020 - 13:07
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/news/payments/klarna-uk-hits-7-million-customers-and-16-million-app-downloads
Financial IT
Envestnet | Yodlee acquires Indian financial data aggregator and analytics provider, FinBit.io

Envestnet | Yodlee, a financial data and analytics platform powering dynamic, cloud-based innovation for digital financial services has acquired FinBit.io, an emerging financial data aggregation and analytics platform provider for the India and Asia market, powering over 60 B2B FinTech companies.

Wednesday, February 26, 2020 - 12:39
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/news/data/envestnet-yodlee-acquires-indian-financial-data-aggregator-and-analytics-provider-finbitio
Financial IT
SIA and New Zealand's central bank launch new Financial Market Infrastructures

The Reserve Bank of New Zealand (RBNZ), New Zealand's central bank, and SIA – European hi-tech company leader in the fields of payment services and infrastructures – have launched the new real-time financial market infrastructures, replacing the two separate platforms Exchange Settlement Account System (ESAS) and Central Securities Depository system (NZClear).

Wednesday, February 26, 2020 - 12:11
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/news/infrastructure/sia-and-new-zealands-central-bank-launch-new-financial-market-infrastructures
Financial IT
SimCorp launches new machine learning initiative with start-up, Alkymi
SimCorp targets institutional investment challenges with new machine learning initiative, in partnership with Alkymi.
Wednesday, February 26, 2020 - 11:39
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/news/investment-management/simcorp-launches-new-machine-learning-initiative-start-alkymi
Financial IT
Rabobank Optimizes Digital Pricing Strategy with Brilliance

Brilliance Financial Technology, a global leader in providing end-to-end digital pricing and intelligence, today announced its strategic partnership with Rabobank, the world’s largest Food & Agri financial institution based in the Netherlands. Rabobank likes to work with partners that add value for its customers.

Wednesday, February 26, 2020 - 11:13
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/news/banking/rabobank-optimizes-digital-pricing-strategy-brilliance
Financial IT
Finablr to expand operations in Saudi Arabia as network brand BayanPay gets licensed by the Saudi Arabian Monetary Authority

Finablr network brand BayanPay, a Saudi Arabia-based digital payment solutions provider, has been awarded a payment services provider licence by the Saudi Arabian Monetary Authority (SAMA).

Wednesday, February 26, 2020 - 10:35
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/news/payments/finablr-expand-operations-saudi-arabia-network-brand-bayanpay-gets-licensed-saudi
Financial IT
Investments in Singapore reach over 20% of the total on Robo.cash
Two months ago, investors of the P2P platform Robo.cash got an opportunity to invest in the offer of a Singaporean company of Robocash Group. During this time, they have funded 2.1 mln EUR of its loans, which is just over a fifth of the total investment volume on Robo.cash.  
 
Wednesday, February 26, 2020 - 09:59
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/news/investment/investments-singapore-reach-over-20-total-robocash
Financial IT
Leading Libyan Bank Chooses Temenos to Accelerate Digital Transformation

Temenos (SIX: TEMN), the banking software company, today announced that Assaray Trade and Investment Bank (ATIB) has selected Temenos Infinity and Temenos Transact to power its digital transformation. Temenos’ cloud-native, cloud-agnostic banking platform will enable the bank to quickly launch new digital products for retail and corporate banking and improve the customer experience.

Wednesday, February 26, 2020 - 09:23
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/news/banking/leading-libyan-bank-chooses-temenos-accelerate-digital-transformation
Financial IT
GDF Supercharges Global Regulatory Affairs Capability With New Partnership & Four Senior Appointments

Global Digital Finance (GDF), the industry body advocating and accelerating the adoption of digital assets, today announces its partnership with Washington-based advisory and advocacy firm FS Vector, along with four new senior appointments to supercharge its global policy and regulatory affairs capability.

Wednesday, February 26, 2020 - 09:18
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/news/asset-management/gdf-supercharges-global-regulatory-affairs-capability-new-partnership-four
Financial IT

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