According to the World Payments Report, compiled by Capgemini and BNP Paribas, the global volumes of non-cash transaction volumes grew by 10.1%, reaching 482.6 billion between 2015 and 2016. In addition, McKinsey’s recent Global Payments 2018 report highlighted an 11% growth generated by payments, which topped $1.9 trillion in global revenue.
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Research conducted by digital cross-border payment provider InstaReM reveals that 44% of UK migrants are now sending less money ‘home’ as a result of Brexit chaos and a drop in value of sterling. This announcement comes after InstaReM took to the streets to speak with migrants in the UK about Brexit and the impact it’s having on their finances.
Today Instantor, the 3rd. fastest growing Swedish FinTech who makes tough calls easy within credit risk management presents “Credit Risk Management 2019 - How Do You Stack Up?”, a report based on a survey conducted by Instantor across Europe among top executives within leading financial organisations. The report reveals that two-thirds of these players are well underway to implementing machine learning (ML) and the majority benefits from its implementation within credit risk management.
Monobank, a cloud-based bank focused on consumer finance in the Nordics, showcased its new white label credit card app Mono Pay for Europe's finance and fintech industry in London.
This latest round brings Peltarion’s total funding to US$ 34 million to date, including previous investment from FAM, the holding company privately owned by the three largest Wallenberg foundations, and EQT Ventures.
Over 300 BFSI industry professionals are scheduled to attend the Africa BFSI Innovation Summit 2019 on 19 - 20 February 2019 at the Mövenpick Hotel & Residences Nairobi, Kenya.
The two-day event will serve as a key meeting and networking platform for the top CIOs, CISOs, CTOs, Heads of IT, ICT, Risk, Compliance, Retail Banking, Customer Experience, Analytics etc. from Banks, Micro-Finance, Credit Unions & Insurance companies across East Africa.
More than 1200 well-known banking technology brands from 25 different countries will participate in the ATMIA Conference and Exhibition in Orlando (Florida, USA), which will be held on February 19-21. One of the most important events of this year has a global perspective and gives a great opportunity to share experience and knowledge forindustry representatives.
Cyber-attacks are increasing at an alarming rate, and in 2018 we’ve witnessed breaches hit several trusted brands across various industries, including British Airways, Ticketmaster, and most recently, Facebook.
Spunta Project, a blockchain-based application for interbank reconciliations, has passed several tests and moves onto the pre-production phase. As of today, 18 banks, representing 78% of the Italian banking sector in terms of number of employees, are actively involved in the testing, selection and implementation of the new distributed technology.
CQG, a leading global provider of high-performance solutions for trading, market data, technical analysis, and risk and account management, announced today a new partnership with JB Prime, an Australian financial services company offering access to securities and derivatives for wholesale and retail customers. Through the newly formed partnership, customers of JB Prime gain access to CQG’s multi-asset offering, including global equities, contracts for difference (CFDs), Foreign Exchange (FX), Commodities, and more, all on one platform.