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Acronis Acquires Synapsys, Providing the African IT Channel with Direct Access to Enhanced Cyber Protection Solutions

Acronis, a global leader in cyber protection, announced today the acquisition of Synapsys, its long-time partner located in Cape Town, South Africa that specialises in distributing Acronis Cyber Protection Solutions through the service provider channel. Marking the latest move in the company’s accelerated growth plan, it is Acronis’ fourth acquisition in the past 18 months.

Tuesday, March 16, 2021 - 16:15
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/news/security/acronis-acquires-synapsys-providing-african-it-channel-direct-access-enhanced-cyber
Financial IT
SumUp Raises €750m in Funding to Fuel Growth and Continue its Global Expansion with New Acquisitions and Product Push

Global payments service provider SumUp (www.sumup.co.uk) announces today that it has raised a €750m facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management, L.P.. With Goldman Sachs’ and Bain Capital Credit’s continued support as existing investors and high demand from new investors, the current round was oversubscribed.

Tuesday, March 16, 2021 - 15:59
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/news/payments/sumup-raises-eu750m-funding-fuel-growth-and-continue-its-global-expansion-new
Financial IT
Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation”

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in

Tuesday, March 16, 2021 - 15:43
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/news/payments/western-union-wins-fintech-breakthrough-award-consumer-payments-innovation
Financial IT
Fi911 Advises on Next Steps for SCA Enforcement for Financial Institutions in New Report

The chargeback specialist for financial institutions (FIs) and sister company of Chargebacks911, Fi911, has launched a new report to support FIs in their preparation for full PSD2’s Strong Customer Authentication (SCA) enforcement. 

Tuesday, March 16, 2021 - 15:29
38088
/news/security/fi911-advises-next-steps-sca-enforcement-financial-institutions-new-report
Financial IT
QUO Launches New Web Solution for Sell-side Distribution to Private Bank and Wealth Management Clients

 QUO, the execution management and workflow solution from TradingScreen (TS), the all-asset class execution and order management system, has launched a new web solution for the Private Bank and Wealth Management divisions of sell-side institutions to distribute to their buy-side clients.

Tuesday, March 16, 2021 - 14:36
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/news/platform-technology/quo-launches-new-web-solution-sell-side-distribution-private-bank-and
Financial IT
SmartStream’s Innovation Lab Moves to a Larger Workspace for Client-led Developments

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider today announce the expansion of its Innovation Lab, with the recent opening of its new workspace in Mariahilfer Strasse in Vienna, Austria. This doubles the footprint and supports the company’s growth in client innovations – where SmartStream spends a quarter of its revenues on R&D.

Tuesday, March 16, 2021 - 14:12
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/news/management/smartstreams-innovation-lab-moves-larger-workspace-client-led-developments
Financial IT
Core Banking Provider Ohpen Appoints Leni Boeren as Chair of Supervisory Board

Today, Ohpen announces the addition of Leni Boeren to its supervisory board. Boeren will join Leonard van Loon (NPM) and Michel Vrolijk (Amerborgh) to supervise Ohpen’s international growth as it brings its cloud-native combined savings, investment and lending platform to the market. Boeren continues to hold non-executive board seats for, amongst others, Air France–KLM and Tata Steel Nederland. 

Tuesday, March 16, 2021 - 13:53
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/news/core-banking/core-banking-provider-ohpen-appoints-leni-boeren-chair-supervisory-board
Financial IT
Building Industry Resiliency: Could Shared Banking Networks Help?

The financial services industry was already undergoing a significant period of transformation and there is no doubt that the ongoing pandemic has accelerated some of the trends that were already playing out. COVID-19 has touched every person, every industry and almost every aspect of our daily lives and we have all experienced - and continue to experience - something that most of us could never have predicted or planned for. 

Tuesday, March 16, 2021 - 13:43
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/blog/banking/building-industry-resiliency-could-shared-banking-networks-help
Financial IT
ikigai Launches First UK App to Combine Digital Banking and Wealth Management

ikigai, the new premium fintech bringing self-care to personal finance, has today announced its official launch in the UK. 

Tuesday, March 16, 2021 - 13:20
38083
/news/personal-finance/ikigai-launches-first-uk-app-combine-digital-banking-and-wealth-management
Financial IT
Robocash Group Issued 1Bn USD Worth of Loans
The group notes that the volume of loans has been increasing annually since its inception. There was a particularly strong growth in the last quarter of 2020 and in 2021, which confirms a rising demand for alternative lending.
Tuesday, March 16, 2021 - 13:17
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/news/artificial-intelligence/robocash-group-issued-1bn-usd-worth-loans
Financial IT

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