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The world of finance is changing. Consumers are becoming more demanding for ease of engagement, while financial institutions are under pressure to transform services using advanced technology. With a host of start-ups threatening the major players through innovative approaches to the market, it’s becoming an increasingly complex landscape to navigate. The one clear theme underpinning these shifts is applications.
1WorldSync, the leading provider of product content solutions has launched five new apps and features to enhance customers' ability to grow global cross-channel sales. The new capabilities enable more efficient content syndication and improved compliance and product transparency offerings to simplify content aggregation and exchange between trading partners.
The Global Payments Innovation Jury today releases its 2017 Report, revealing that while Asia remains home to most payments innovation, Europe has leapfrogged Africa, North America and Latin America for the first time in nine years.
The Global Jury is a panel of 70 CEOs and senior industry executives from 37 countries across 6 continents, making it the most global body to look into payments innovation. Every two years, the Jury convenes to compile a global research report into payments and fintech innovation trends.
Regional differences
SWIFT invites FinTech companies from around the world to develop new overlay services that leverage its SWIFT global payments innovation (gpi) platform. SWIFT will provide funding of up to 200,000 EUR for the two winning FinTech finalists of an Industry Challenge. The FinTech winners will work with banks on collaborative innovation concepts that solve additional industry challenges in cross-border payments on top of SWIFT gpi.
It has been said that even if he is alone, an Englishman forms an orderly queue of one. New research from leading payments provider Adyen reveals the evolving – and often confusing – relationship the British public have with retail, both online and in-store. Whether it’s our baffling bond with queues, our beloved bargains or even the rarely discussed boys shopping day out, one thing is for certain – there is nothing simple about shopping.
TrueLayer, the fintech developer platform that provides easy access to bank APIs, has secured $3 million in series A funding. This follows a successful beta testing phase which garnered strong interest from developers including many from high growth fintechs and renowned brands. The round was led by Anthemis Group, whose partner, Yann Ranchere, will join TrueLayer’s board. Existing investor Connect Ventures, with partner Pietro Bezza, also participated in the round.
OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, today announced that its newly developed solution, Asset Transaction Management (ATM), is now live at three leading energy clients – including Williams Midstream Partners and SemGroup – and open to the market.
Quantave, the only complete trade life-cycle infrastructure for digital assets, officially entered their closed beta-testing phase today. The infrastructure opens the digital assets market to institutional traders and investors, transforming the way they engage and transact with this dynamic market, whilst ensuring the safety and security of their assets. Quantave is now rigorously testing the model with its initial partners.
Send Anywhere, the unlimited and intuitive file sharing tool for any device, without restrictions, has officially launched with a revamped website adopted for the European market. The service provides a reliable solution for sharing large files quickly whilst retaining their quality. Founded in 2012, the company has raised $7m in funding to date, using the latest $6m to expand in new markets.
