Masttro, the leading wealth tech provider to wealth owners and the industries that serve them, today announced the appointment of Jay McNamara as Chief Executive Officer, effective immediately. Padman Perumal will remain involved in the company as a board advisor, supporting various strategic growth initiatives.
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Masttro Appoints Jay McNamara as Chief Executive Officer
Tuesday, January 7, 2025 - 08:37
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Financial IT
Leading Hotel Family Business, JMK Group, to Acquire City of London Site Following £16.6M Co-Loan from OakNorth and REL Finance
OakNorth, the digital bank for entrepreneurs, by entrepreneurs and structured real estate lender, REL Finance, have completed a £16.6m co-loan to JMK Group, a leading family-run hospitality business.
Tuesday, January 7, 2025 - 08:34
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Financial IT
CFIT Secures Strategic Industry Partners for 2025
The Centre for Finance, Innovation, and Technology (CFIT) has struck an agreement with key industry partners that will see blue-chip financial institutions partner and fund CFIT’s next industry-led coalition, which will be launched in Q1 2025.
This significant backing for CFIT demonstrates the appetite within the financial services sector to advance industry solutions and help deliver on the government’s mission of driving economic growth through financial innovation.
Tuesday, January 7, 2025 - 08:29
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Financial IT
Tietoevry Banking Secures European Payments Council Registration for Routing and Verification Services
Tietoevry Banking, the leading provider of financial software solutions, is today announcing that it has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) solutions. Thanks to a partnership with Movitz Payments, this will include confirmation of both payer and payee – adding an extra layer of security and confirmation for banks and their customers.
Tuesday, January 7, 2025 - 08:25
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Financial IT
FloQast Strengthens Global Expansion With New Executive Appointment in EMEA
FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced that technology industry veteran John Phillips has joined the company as General Manager, EMEA. This move strengthens FloQast’s commitment to supporting and scaling its international operations.
Tuesday, January 7, 2025 - 08:13
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Financial IT
Startup Backed by Ex-Deputy PM of Kazakhstan Launches to Help US Community Banks Fight Technological Lag
Today, TurmaFinTech, a new fintech startup helping US community banks bridge the technological gap, increase sales, beat customer churn, manage customer relationships and provide targeted customer communications, has announced its launch.
Tuesday, January 7, 2025 - 08:07
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Financial IT
Finastra Announces Leadership Transition: Welcoming Chris Walters as New CEO
Finastra, a global provider of financial services software applications, today announced a significant leadership transition. After nearly a decade of transformative leadership, Simon Paris will step down from his role as Chief Executive Officer. Chris Walters has joined Finastra and will assume the role of Chief Executive Officer.
Monday, January 6, 2025 - 15:34
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Financial IT
LDC-Backed LendingMetrics Appoints New Non-Executive Chair
LendingMetrics, the credit risk technology group, has appointed software expert David Murray as Non-Executive Chair.
The appointment follows LDC’s recent investment in LendingMetrics and David will work alongside CEO Neil Williams and Commercial Director David Wylie as they scale the business’ presence in the UK’s fast-growing decisioning software and data market.
Monday, January 6, 2025 - 15:30
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Financial IT
Onbe Names FinTech Leader Sayid Shabeer as Chief Product Officer to Drive Next Phase of Growth
Onbe, a leading corporate payouts platform, today announces the appointment of Sayid Shabeer as its new Chief Product Officer. Shabeer joins the company's executive team reporting directly to CEO Bala Janakiraman, as Onbe deepens its focus on financial services and software partnerships to modernize the $3 trillion business-to-person payments market.
Monday, January 6, 2025 - 15:24
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Financial IT
Elite Acquires Tranch, a Leading B2B Payments Platform, to Transform Billing and Payment Processes for Law Firms
Elite, a leading provider of financial management and business operations solutions to the world’s most successful law firms, today announced its acquisition of Tranch, a leading B2B invoice automation and payments platform offering seamless invoice management and turnkey payment options for law firms and their clients.
Monday, January 6, 2025 - 13:31
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Financial IT
