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How Challenger Banks Can Become the Future of Financial Services

When it comes to innovation, the financial services (finserv) industry has been notoriously slow. However, a new wave of new digital tools is transforming this. In fact, 74% of banks are attempting to accelerate their digital transformations in 2023. Despite this, the finserv sector is still reeling from a tumultuous period that has led to a nosedive in consumer trust.

Friday, November 10, 2023 - 10:05
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Financial IT
iDenfy’s ID Verification Creates a Frictionless KYC Flow for SoftGenius

iDenfy, a global RegTech startup best known for its ID verification and fraud prevention tool hub, announced a new partnership with SoftGenius, a software development company specializing in crafting premier iGaming solutions. iDenfy's identity verification and AML solutions will assist in the screening and onboarding process of SoftGenius's expanding customer base.

Friday, November 10, 2023 - 09:43
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Financial IT
Broadridge Wins Best Corporate Actions Technology at Asset Servicing Times Industry Excellence Awards for a Second Consecutive Year

Broadridge Financial Solutions, Inc., a global Fintech leader, has won the Best Corporate Actions Technology Award at the Asset Servicing Times Industry Excellence Awards, for the second consecutive year.
 

Friday, November 10, 2023 - 09:39
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Financial IT
From Spot to Futures: All You Need to Know About Top Crypto Exchanges

While traditional crypto exchanges allow users to engage in spot trading, futures exchanges focus on the future price movements of cryptocurrencies. 

In this piece, we'll delve into the fundamental concepts of crypto exchanges and navigate through some of the top players in the market.

Friday, November 10, 2023 - 09:33
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Financial IT
BMLL Wins ‘Outstanding Market Data Provider’ at The Trade ‘Leaders in Trading’ Awards

We are delighted to announce that BMLL has won ‘Outstanding Market Data Provider’ at The Trade ‘Leaders in Trading’ Editors’ Choice Awards 2023. The awards shine a light on the firms displaying excellence in data quality and accessibility, technological developments, new partnerships, and significant investment.

Friday, November 10, 2023 - 09:08
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Financial IT
10 Banking and Tech Innovations that Could Determine the Financial Landscape in 2024
Artificial Intelligence (AI)
As perhaps the hottest topic in technology right now, this one is a no-brainer. AI tools like chatbots swiftly address queries, while biometric solutions bolster security and refine AML and KYC processes. From streamlining document analysis with computer vision to leveraging machine learning for improved lending and investment decisions, AI stands as a transformative pillar in banking.
 
Friday, November 10, 2023 - 08:56
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Financial IT
Transact365 Expands Local Payment Methods Coverage in Asia Markets
Transact365, a UK-based global payments platform, powering merchants across the globe, has expanded further in Asia by growing its offering of solutions and entering into new territories.  Founded in 2017, Transact365 offers a global payments solution platform for merchants across the world in leading industries. Headquartered in London, Transact365 now works with over 800 merchants to access e-commerce opportunities in five continents through local payment processing solutions.  
 
Friday, November 10, 2023 - 08:40
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Financial IT
Jeeves and Bexs Launch Pioneering Digital Cross-border B2B Payments Platform in Brazil

Ushering in a new era of financial efficiency, Jeeves, a  global expense management and cross-border payments platform, in partnership with Bexs, the acclaimed bank specializing in FX and digital payments, proudly introduces Brazil’s first-ever fully digital self-service cross-border Business-to-Business (B2B) payment platform.

Thursday, November 9, 2023 - 13:10
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/news/payments/jeeves-and-bexs-launch-pioneering-digital-cross-border-b2b-payments-platform-brazil
Financial IT
SME Borrowing Tracker: SME Debt Repayments Slow but Continue to Eat into Pandemic Debt Pile

Analysis of the Bank of England’s data in Ebury’s quarterly SME Borrowing Tracker shows that debt repayments halved in Q3 2023 compared to the previous quarter but SMEs are continuing to pay down the significant debt pile accumulated through the pandemic.

Thursday, November 9, 2023 - 12:39
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Financial IT
Technology Paving Way for Organisations to Manage ESG Initiatives, New Data Finds

60% of British business leaders state that they don’t have an environmental, social, and corporate governance (ESG) strategy with key targets for their organization in place, a new survey of more than 6,600 senior executives has found.

Thursday, November 9, 2023 - 12:29
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Financial IT

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