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Enabling a Fair Gig Economy through Alternative Data

Despite significant contributions of £30 billion annually to the UK economy, independent workers face challenges accessing core financial services and products like mortgages and loans.  

Wednesday, June 7, 2023 - 13:03
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Financial IT
Financial IT Launches Fintech Pathfinder: Showcasing the Most Promising Fintech Startups

Financial IT, a leading fintech publication, is excited to announce the launch of its highly anticipated Fintech Pathfinder. This comprehensive report showcases the most promising fintech startups that are revolutionizing the financial services landscape.

Wednesday, June 7, 2023 - 12:45
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Financial IT
Is SWIFT Behind the 8-ball on Blockchain?

The world’s largest international transaction network has now recognised that tokenisation and blockchain interoperability will be key to its members. Cross-border transactions and tokenised asset settlement will indeed become much more efficient, flexible, and secure when made via blockchain and with industry standards.

Wednesday, June 7, 2023 - 12:01
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Financial IT
Napier’s Bastiman Appointed by New FCA Expert Group

Global AML specialist Napier has announced the appointment of its chief data scientist, Dr Janet Bastiman, to the Financial Conduct Authority (FCA)’s newly created Synthetic Data Expert Group, a sub-group of the Innovation Advisory Group (IAG).

Wednesday, June 7, 2023 - 11:51
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Financial IT
Crypto-native Insurtech Meanwhile Secures $19M Seed Funding

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.

This financing puts Meanwhile in an advantageous position, making it the first and only life insurer to operate exclusively in cryptocurrency.

Wednesday, June 7, 2023 - 11:45
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Financial IT
Payrails Secures $14.4M for its OS for Complex Payments Flows

Payrails has raised $14.4 million in a seed extension round led by EQT Ventures to scale its financial operations platform.

General Catalyst, Andreessen Horowitz and HV Capital joined the round for Berlin headquartered Payrails.

Payments continue to be a fragmented area for platforms, marketplaces and any large, fast-growing companies that conduct business across markets or with multiple parties in payment flows.

Wednesday, June 7, 2023 - 11:38
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Financial IT
Payments Platform Keeta Raises $17 Million in Seed Round

Keeta, a new global payments platform offering instant and secure cross-border monetary transactions, today announced its official launch with $17 million in funding from investors, including Eric Schmidt.

Wednesday, June 7, 2023 - 11:31
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Financial IT
48% of Software Platforms Say Embedded Payments Give Them An Advantage Over Their Competition, According to New BlueSnap Global Survey

BlueSnap, a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced the results of its 2023 Embedded Payments Survey.

Wednesday, June 7, 2023 - 11:23
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Financial IT
Wolters Kluwer Reports Increase in CCH iFirm® Tax e-filings; Celebrates Ten Years of CCH Axcess

Wolters Kluwer Tax & Accounting (TAA) has reported a significant increase in the number of tax returns electronically filed by practitioners using the CCH iFirm® Tax solution, the only cloud-based tax compliance solution available in Canada. At the same time the company is celebrating a milestone for its industry-leading CCH Axcess expert solution.

Wednesday, June 7, 2023 - 11:17
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Financial IT
OSTTRA Launches New Service for Cross-currency Swap (CCS) Conversion from Libor to Risk-free Rates

OSTTRA, the global post-trade solutions company, today announced it has successfully delivered the first cross-currency swap conversions of USD/SGD swaps from SOR to SORA. The service will expand to cover other indices subject to cessation in the coming months.

Wednesday, June 7, 2023 - 11:13
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Financial IT

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