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British Business Bank Makes New Commitment to Propel to Enable £165M of Asset Finance for Smaller UK Businesses

The British Business Bank today announces a new ENABLE Funding facility to Propel, one of the UK’s largest and fastest growing independent asset finance providers.

The new facility will allow Propel to provide around £165m of finance to smaller businesses across the UK.

Thursday, August 25, 2022 - 09:53
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/news/banking/british-business-bank-makes-new-commitment-propel-enable-ps165m-asset-finance-smaller
Financial IT
ION MarketFactory wins ‘Best FX Technology Provider’ at FX Markets Asia Awards

ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management announce that ION MarketFactory has won ‘Best FX Technology Provider’ at the FX Markets Asia Awards.

Thursday, August 25, 2022 - 09:46
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/news/trading-systems/ion-marketfactory-wins-best-fx-technology-provider-fx-markets-asia-awards
Financial IT
IBSFINtech appoints Ex-Oracle, Automation Anywhere Senior Leader Pramod Agrawal as Chief Technology Officer

IBSFINtech, India's leading TreasuryTech Solution provider announces a significant addition to the company’s leadership team -- Mr Pramod Agrawal, who joins IBSFINtech as Chief Technology Officer (CTO). Pramod will play a pivotal role in leading the company’s technology, engineering, and innovation initiatives, driving the company’s technology solutions to the next level.

Thursday, August 25, 2022 - 09:42
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/news/people-moves/ibsfintech-appoints-ex-oracle-automation-anywhere-senior-leader-pramod-agrawal
Financial IT
JARVIS Invest Partners with Six Broking Houses to Provide AI-based Investment Advisory & Access Additional 4 Lakh Customers

JARVIS Invest, India’s first AI-based investment advisory platform has announced a partnership with six broking houses to further expand its pan India footprint and provide its unique product to additional 4 lakh customers.

Thursday, August 25, 2022 - 09:27
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/news/investment/jarvis-invest-partners-six-broking-houses-provide-ai-based-investment-advisory
Financial IT
Finance Minister to Inaugurate Global Fintech Fest

Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs, India, will inaugurate the Global Fintech Fest, 2022 (GFF 2022), on September 20, 2022. As the Chief Guest of the conference, she will deliver the inaugural address, virtually, at 11:30 AM (IST).

Thursday, August 25, 2022 - 09:23
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/news/infrastructure/finance-minister-inaugurate-global-fintech-fest
Financial IT
Cion Digital Partners with Finturf to Provide Merchants and Consumers With Crypto Financing Options

Cion Digital, developers of the first fully integrated Crypto Operating System, announced today that it is partnering with Finturf to provide merchants and consumers with cryptocurrency-secured financing options at point-of-sale.

Thursday, August 25, 2022 - 09:14
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/news/cryptocurrencies/cion-digital-partners-finturf-provide-merchants-and-consumers-crypto-financing
Financial IT
Shanghai Commercial & Savings Bank Adopts Temenos Platform for Retail and Corporate Banking

Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking.

Thursday, August 25, 2022 - 08:52
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/news/banking/shanghai-commercial-savings-bank-adopts-temenos-platform-retail-and-corporate-banking
Financial IT
Banking – This Time It’s Personal

The retail banking sector, and society as a whole, face the challenge of low levels of financial literacy among consumers. So many of the most important decisions we make concerning how much money we are making, spending and saving are taken with little expertise or guidance. In fact, there’s an irrational hesitancy to talk to anybody when it comes to money. 

Wednesday, August 24, 2022 - 17:23
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Financial IT
Lucinity Expands Customer Success Team to Support Growing Customer Base

Lucinity, an anti-money laundering (AML) software developer has hired Cate Wright as Head of Customer Success to strengthen its customer success team. Cate is a veteran of the anti-financial crime sector, with 17 years of experience from firms including BAE Systems, RiskScreen, and ALLIANZ.

Wednesday, August 24, 2022 - 17:14
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/news/aml-and-kyc/lucinity-expands-customer-success-team-support-growing-customer-base
Financial IT
The Role of Technology in Reducing Trade Finance Threats

Currency trading is one of the most frequently used ways of earning money online in today’s world and a great number of people want to try their luck in this field on a daily basis. However, the majority of novice traders fail to realize that this process is not as easy as it might seem at first glance and that it is connected with significant risks in the long run. Bear in mind that sometimes it is extremely hard even for experts to accurately deduce risks in the market and carry out necessary measures in order to avoid serious damage.

Wednesday, August 24, 2022 - 17:09
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/news/algo-and-hft/role-technology-reducing-trade-finance-threats
Financial IT

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