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Zopa Closes in on £130m Capital Injection for Bank Push
Zopa

UK peer-to-peer lending outfit Zopa is set to secure £130 million in funding, enabling it to meet regulatory capital requirements for its foray into banking.

As first reported by Sky News, an entity linked to IAG Capital Partners, a US-based fund, and its UK investment vehicle Silverstripe is on the verge of taking a majority stake in Zopa.

The expected funding comes just days before Zopa's banking license-with-restrictions expires a year after being granted, helping it meet capital requirements.

Tuesday, December 3, 2019 - 05:03
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/news/retail-banking/zopa-closes-ps130m-capital-injection-bank-push
Financial IT
Colu and Tel Aviv Municipality Create a Winning Program
Colu and Tel Aviv
Colu, a city app and digital wallet solution for smart cities, partnered with Tel Aviv Municipality and the Tel Aviv Foundation, aiming to develop financial tools to strengthen urban resilience, drive consumers to shop at stores cut off from traffic by the city’s train construction.  
 
Tuesday, December 3, 2019 - 04:58
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/news/wealth-management/colu-and-tel-aviv-municipality-create-winning-program
Financial IT
Scality RING Again Receives Highest Score for Hybrid Cloud Storage Use Case in Gartner Critical Capabilities for Object Storage
Scality RING

Scality, leader in software solutions for global data orchestration and distributed file and object storage, today announced that the company’s acclaimed RING™ software-defined storage solution was ranked with the highest score in the “Hybrid Cloud Storage” use case, and scored second highest in all other use cases in the Gartner Critical Capabilities for Object Storage report published on 25th November 2019.

 

Tuesday, December 3, 2019 - 04:54
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/news/cloud/scality-ring-again-receives-highest-score-hybrid-cloud-storage-use-case-gartner-critical
Financial IT
Norway’s Bank Branches Equipped with Keesing Solution to Streamline Onboarding of Customers.
Keesing Technologies

Keesing Technologies is happy to report that, together with trusted partner Risk Information Group (RIG), it has been able to implement AuthentiScan, its customer onboarding and identity proofing solution in over 96% of all physical bank branches in Norway. Furthermore, the solution is rapidly gaining ground in Sweden, Denmark and Finland.

Tuesday, December 3, 2019 - 04:51
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/news/banking/norways-bank-branches-equipped-keesing-solution-streamline-onboarding-customers
Financial IT
David Goodwin, Head of Product and Marketing, Neonomics at MoneyLIVE Summit 2019, UK

David Goodwin, Head of Product and Marketing, Neonomics at MoneyLIVE Summit 2019, UK speaks about open banking concept and what role Neonomics plays in that equation.

Monday, December 2, 2019 - 21:11
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/content/david-goodwin-head-product-and-marketing-neonomics-moneylive-summit-2019-uk
Financial IT
Klarna Selects AWS as Its Preferred Cloud Provider

Today, Amazon Web Services, Inc.

Monday, December 2, 2019 - 15:40
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/news/cloud/klarna-selects-aws-its-preferred-cloud-provider
Managing the risk of ‘visual hacking’ in the financial sector

The financial sector is one that is particularly aware of the need to protect sensitive information and increasingly, this also includes reducing the risk of what has become known as ‘visual hacking’, also sometimes referred to as ‘shoulder-surfing’.  Put simply, this is the ability to view, even photograph, information that is on a person’s screen.

Monday, December 2, 2019 - 13:02
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/blog/risk-management/managing-risk-visual-hacking-financial-sector
ONPEX and Financial House partner for transparent cross-border financial services

FCA-regulated e-money institution (EMI), Financial House, has partnered with ONPEX, a leading provider of multi-currency IBAN accounts.

Monday, December 2, 2019 - 12:38
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/news/payments/onpex-and-financial-house-partner-transparent-cross-border-financial-services
An Interview Priya Rajan, VP and Head of Marketing at DataVisor

Financial IT speaks with Priya Rajan, VP and Head of Marketing at DataVisor at MoneyLIVE Summit 2019.

Monday, December 2, 2019 - 12:25
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/content/interview-priya-rajan-vp-and-head-marketing-datavisor
Is the future for FinServ Open Source?

In order to fully embrace using technology to deliver financial services, a move towards Open Source projects has often become the catalyst for digital transformation. However, despite many firms claiming to be 'the Uber of the industry' (whose technology was built on Open Source) there are many barriers and challenges to its use in financial services. 

FinTECHTalents, along with their partner, GitHub, have gathered a snapshot of viewpoints from senior leaders in the industry to look at whether Open Source is the Future for Financial Services.

Monday, December 2, 2019 - 12:18
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/publications/reports/future-finserv-open-source

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