Award-winning financial technology and marketing services provider Kasasa® by BancVue® announced today that it has formed a strategic investment partnership with global private equity firm, The Riverside Company.

As part of the partnership, Riverside will continue the growth of Kasasa’s already profitable and very stable business. Kasasa’s leadership team and employee base will remain in place and its management team will remain a significant owner in the company. Riverside brings a seasoned advisory team to serve as valued thought partners to further Kasasa’s growth.

Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced full year revenues for 2015 were on plan with a 38% increase over the previous year.

smartTrade Technologies, a global leader in multi asset, end-to-end trading solutions for Tier1, Tier2, regional Banks, Brokers and Asset Managers, has been selected by Bank of China (Hong Kong), a leading regional bank in Hong Kong, to deliver a cutting edge low latency e-FX platform.

There are a lot of Fintech forecasts out there but two of the best I spotted were by David Gyori and Pascal Bouvier, so I decided to take the areas I agree with most to provide a few headline Fintech predictions for 2016 of my own:

#1

PayPal will be a primary acquisition target in 2016.

#2

Fexco – a independent global provider of Dynamic Currency Conversion and Multi-Currency Pricing (MCP) technologies and Germany’s First Cash Solution, a wholly owned subsidiary of Volksbank Offenburg eG, have announced a collaboration which will see FEXCO’s world class DCC solution provided to over 14,000 merchants throughout Germany.

 e-security solutions provider, Cryptomathic, has published a free to download white paper which offers advice and guidance to banks and other organisations with large amounts of sensitive data, on how to achieve and sustain cryptographic key management compliance in a cost-effective manner. 

Thomson Reuters FX dealer-to-client venue saw a surge in options trading volumes of 166 percent in 2015 compared with the previous year. In particular the fourth quarter of 2015 saw record-high monthly, weekly and daily volumes with over 36 global and local active options price-makers and more than 225 active options price-takers now on Thomson Reuters FX platform.

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announces that Optiver, the global electronic market maker, has signed a multi-year deal to use Torstone’s sub-ledger system, Inferno SL, to provide a consolidated balance sheet and perform reconciliations with clearing banks.

Trade, supply chain and payment veteran André Casterman, former managing director of corporate and supply chain markets at SWIFT, is now a board member of the corporate driven Talent Show – Supply Chain Finance.

This agreement with Montran will now enable FSS to provide customized solutions that will address the Wholesale Payments needs of the Banking industry in the country.

FSS has spearheaded the growth of retail & whole sale payments in India by serving banks, financial institutions, merchants, governments and other verticals through a rich portfolio of payments products and services.