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Shawbrook Bank wins competitive process to provide UK’s largest tomato supplier with £25m bespoke funding package

Specialist SME lender Shawbrook Bank has successfully completed its largest ever working capital transaction in the North West, providing APS Group with a £25m bespoke funding package.  

First founded in 1949 on one site in Cheshire, APS Group is a family-owned business which specialises in the production and supply of top quality tomatoes. Growing at 6 sites and producing over 500 million tomatoes a year, APS Group was looking to further improve its cultivation and harvesting facilities to maintain its service levels whilst delivering higher yields in the coming season. 

Thursday, January 16, 2020 - 10:09
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Core Banking Provider Ohpen Appoints Corinne Aaron as Head of Marketing

Leading core banking SaaS solution provider Ohpen, today announces Corinne Aaron as its new head of marketing. Corinne joins Ohpen with over 15 years of global marketing experience, including six years leading the EMEA marketing team at Tesla. In her role at Ohpen, Corinne will be responsible for evolving the Ohpen brand while accelerating marketing efforts as the company executes its plans to expand internationally over the next years.

Thursday, January 16, 2020 - 10:04
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Horizon Software launches new sell-side equity derivatives EOMS with global immediate availability

Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, has announced the release of a new version of its global EOMS product, adding significant and unique improvements for the automation of client order / execution workflow to its already market-leading solution.

Thursday, January 16, 2020 - 09:57
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Bankable Announces Strategic Global Partnership with Plaid

Bankable, the global architect of “Banking as a Service” solutions, announced a strategic global partnership with Plaid, a data network powering the fintech apps that millions of people rely on to improve their financial lives. The partnership will allow Bankable’s customers the ability to use Plaid’s technology to connect with their users’ bank accounts worldwide. In addition, Plaid customers will gain access to Bankable’s cloud-based banking and payment platform.

Thursday, January 16, 2020 - 09:49
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App Annie Unveils the State of Mobile for 2020 in a New Report

App Annie, the mobile data and analytics company helping brands and publishers win on mobile, today released The State of Mobile 2020 report. This annual appraisal provides insight into mobile’s expansive impact across industries and the global economy, highlighting publishers and brands that are outperforming their peers.

Key findings in this report:

Thursday, January 16, 2020 - 09:40
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GetLEI™ - Ensures That Regulators Know Who Is Really Who

The global financial system would not function without Legal Entity Identifier (LEI) codes

The world’s financial regulators have made huge changes since the global financial crisis of 2008. Among much else, they require certainty in relation to who is really who among legal entities that participate in financial transactions.

This certainty comes from the 20 character LEI codes, which provide access to information about ‘who is who’ and ‘who owns whom’.

Thursday, January 16, 2020 - 08:06
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ICSFS Recognised for its Core Banking Implementation by IBSI
Thursday, January 16, 2020 - 07:22
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Financial IT
Over half of ATMs to offer automated deposit by 2024

Banks around the world continue to upgrade their self-service estates to meet increasing customer demand for efficient, real-time deposit transactions

Automated deposit terminals are becoming indispensable at bank branches globally

Wednesday, January 15, 2020 - 17:22
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Financial IT
Orange Jordan Launches “Orange Money” E-Wallet Service

Orange (www.Orange.jo) Jordan officially launched its mobile e-wallet service, Orange Money, during a press conference that was held on Wednesday, Jan 15, 2020.

 The event, which was attended by governmental officials alongside the company’s management and strategic partners, celebrated the launch of the financial solution, which recently acquired the epayment license from the Central Bank. 

Wednesday, January 15, 2020 - 16:58
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Financial IT
Comment on the news of VISA acquiring Plaid from Suresh Vaghjiani, CEO and Co-Founder of Tribe Payments

VISA acquiring fintech behemoth Plaid shows established financial organisations have recognised the API-driven financial data sharing space has been underserved. In the post-Open Banking era, as banks and fintechs look to shift from transaction to data-led business models, this underlying interoperable infrastructure is mission critical.

By allowing multiple systems around the world to communicate and operate together via a single data platform, Plaid is standardising and bridging the gap between the old transaction-led world, and the new data-led world.

Wednesday, January 15, 2020 - 16:29
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Financial IT

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