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Validis Names Max Pell as its New CEO

Today, the data specialist FinTech Validis is announcing that experienced financial technology manager Max Pell has assumed the position of Chief Executive Officer.

Validis, developer of a unique data transmission and analytics technology used across the accounting and lending industries, was previously led by interim CEO Paddy Byrne, a Non-executive Director of Validis and Chairman of financial services software provider, Target Group. Max takes the reins from Paddy today.

Monday, August 1, 2016 - 10:03
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Intelliflo Launches Open API for Intelligent Office

Intelliflo has launched an Open API for its award winning business management system, Intelligent Office (iO), enabling its adviser and supplier partners to integrate their own solutions and processes fully with the data and functionality within iO.

Intelliflo’s aim is to allow its partners to enhance their own offerings using the data available via iO.

Monday, August 1, 2016 - 09:56
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Equiniti Signs Life and Pensions Outsourcing Contract with Retirement Advantage

Equiniti Group plc, the specialist technology outsourcer, through its Paymaster business, today announces that it has completed a life and pensions outsourcing contract with Worthing-based life insurer Retirement Advantage. The transaction, worth more than £40m over 10 years, covers the transfer of customer services, technology and change activity and the underlying systems from Retirement Advantage to Equiniti. The transfer is expected to be completed in the fourth quarter of 2016.

Monday, August 1, 2016 - 09:53
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Monday, August 1, 2016 - 09:45
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What Is a Payment Fraud?

Payment fraud is a term that scares every ecommerce business owner. There is nothing to be surprised about, fraud can be very costly, and it comes with your money as well as with your credibility and customer’s trust. Read the post to see the meaning of payment fraud.

In general, payment fraud is any false or illegal transaction, which can happen on the internet. The cyber-criminals usually steal someone’s money, personal property, or sensitive information. How it might affect your business?

Monday, August 1, 2016 - 09:45
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NSE of India Implements ITRS Geneos

 ITRS Group has announced the successful implementation of its real-time monitoring software, Geneos, across the National Stock Exchange of India's (NSE) global IT operations as part of a wider project to ensure it remains at the technological forefront of the region’s securities industry.

Monday, August 1, 2016 - 09:40
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EBA Stress Test Confirms Nordea’s Strong Position

Nordea was subject to the 2016 EU‐wide stress test conducted by the European Banking Authority (EBA) in cooperation with the Swedish FSA, the European Commission (EC) and the European Systemic Risk Board (ESRB).
   

Monday, August 1, 2016 - 08:57
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Arthur J. Gallagher & Co Closes Acquisition of Orb Financial Services Limited

 Arthur J. Gallagher & Co. announced the acquisition of Orb Financial Services Limited in Surrey, England.  Terms of the transaction were not disclosed.

Monday, August 1, 2016 - 08:36
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CreditEase Appoints Anju Patwardhan as Venture Partner for its Fintech Investment Fund and Fund of Funds

Based in Silicon Valley, USA, Ms. Patwardhan will work closely with CreditEase's fund management team in China to support its global investment strategy, deal sourcing and investment management. With her deep expertise of the global financial services industry, Fintech ecosystem and regulatory engagement, she will play a key role in accelerating the fund's position as a preeminent global Fintech investment platform.

Monday, August 1, 2016 - 08:32
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Axactor Completes the Purchase of NPL Portfolio

Axactor acquired another unsecured NPL portfolio originally generated by a large Spanish consumer finance institution. The portfolio includes unsecured and secured loans with a total Outstanding Balance (OB) of approximately EURO 565 million, with close to thirty thousand open accounts of individuals and SMEs.

Monday, August 1, 2016 - 08:27
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