Nordic Capital Fund IX (“Nordic Capital”) today announced the acquisition of Signicat, a high-growth provider of digital identity and signature solutions that operates the leading digital identity hub in the market. Nordic Capital will, in close partnership with the company’s management and existing shareholder Viking Venture, accelerate Signicat’s international expansion and strengthen the company’s market leading position and unique product offering.

Extend has announced its $11 million Series A financing. Extend’s platform enables frictionless virtual credit card issuance for banks, corporations, and other startups. The round was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner City National Bank.

Taulia, a leading fintech company, partners with Google Cloud to launch AI-powered invoicing solution.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announced a new client driven strategic focus in line with the new FSA (now PRA) rules governing liquidity management for UK and foreign branches. In response to the new regulations, SmartStream has appointed Nadeem Shamim to lead cash and liquidity management solutions globally.

Velocity Ledger Holdings Limited ”VLHL” has been approved to conduct an initial coin offering “ICO” by the Ministry of Finance of Bermuda in accordance with the companies act of 1981.  VLHL is a Bermuda Company with two subsidiaries for which the ICO will fund operations: VL Financial and Velocity Ledger Technology Limited ("VL Tech").

TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced that Dan Streetman has been appointed as its new chief executive officer, effective April 15, 2019. Streetman joins TIBCO from BMC Software where he was executive vice president of worldwide sales and marketing. Current CEO Murray Rode has been named vice chairman of TIBCO.

InvestCloud Inc., a global FinTech firm, has appointed Robert O’Boyle as Senior Vice President of Sales to its New York office. 

In this new position, O’Boyle will head up InvestCloud’s sales efforts focused on the traditional Advent Axys and APX market. With more than 20 years of technology and services experience within the investment management community, O’Boyle will lead the firm’s expansion of its core business for Client Communication (Client Portal, Advisor Portal, Digital Advice (Robo)), Trading and Accounting to mid-market clients. 

Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s Temenos Partner Awards at its annual flagship event, Temenos Community Forum. These awards recognize the contribution that Temenos' partners bring to the Temenos community, and their commitment to building a better future in banking.

In a few short years, on-demand has quickly become the norm. From getting our fix of food, entertainment, shopping or even dating, the majority of our interactions have gone one way: personalised, instant, easy. So, why not insurance? Innovative insurers and agile start-ups have shown that customers are responding to customer-centric models of product delivery and services, available when and where they want them.

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There is growing pressure across the financial services industry for firms to detect market abuse and ensure their companies protection against manipulative market risk. With the emergence of regulations such as the Markets in Financial Instruments Directive II (MiFID II) and the Market Abuse Regulation (MAR), financial services firms are now required to comply with comprehensive demands aimed at curtailing market abuse and regulating trade activity.