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SBI SECURITIES Selects Broadridge's Post-trade Solution for its Equities Brokerage Services in the UK

Global Fintech leader Broadridge Financial Solutions, Inc. today announced that SBI SECURITIES Co., Ltd. has selected Broadridge’s post-trade solution to launch its equities brokerage services to clients in the UK, through its subsidiary SBI Shinsei International Limited. This is in addition to the existing relationship with Broadridge to process Japanese equities transactions in Hong Kong and Singapore.

Monday, April 15, 2024 - 09:42
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/news/trading-systems/sbi-securities-selects-broadridges-post-trade-solution-its-equities-brokerage
Financial IT
Lloyds Bank Appoints New Head of Commercial Cards, Business & Commercial Banking

Lloyds Bank Business & Commercial Banking has appointed Linda Weston as Head of Commercial Cards. Starting in June, Linda will be based in London and report into Chris Loring, Managing Director, Lending & Working Capital.

Monday, April 15, 2024 - 09:12
59452
/news/people-moves/lloyds-bank-appoints-new-head-commercial-cards-business-commercial-banking
Financial IT
docStribute Appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director

London-based RegTech company, docStribute, today announces the appointment of Manila McLean to the board of the Company as an independent Non-Executive Director with effect from 15 April 2024.

Monday, April 15, 2024 - 09:08
59451
/news/people-moves/docstribute-appoints-ex-group-cio-newcastle-building-society-non-executive
Financial IT
SC Ventures Makes Strategic Investment in Algbra, Establishes Partnership With Its UK Sustainable Finance Platform Shoal

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has announced a strategic investment in Algbra, an ethical finance-focused and sharia-compliant UK-based fintech. As part of the agreement, Shoal, SC Ventures’ sustainable finance platform, will partner with Algbra. The terms of the deal are undisclosed. 

Monday, April 15, 2024 - 09:02
59450
/news/fundraising-news/sc-ventures-makes-strategic-investment-algbra-establishes-partnership-its-uk
Financial IT
Fils and Aion Announce Strategic Partnership to Help Financial Institutions Integrate ESG Principles into Services Across the Middle East

Fils, a pioneering force in climate-positive transactions, empowering businesses of all sizes to embed climate-positivity into transactions using their APIs, is thrilled to announce a strategic partnership with Aion, a leader in digital banking solutions. This groundbreaking collaboration aims to set new standards in sustainable finance, leveraging cutting-edge technology to drive meaningful change in the financial industry across the MENA region.

Monday, April 15, 2024 - 08:52
59449
/news/banking/fils-and-aion-announce-strategic-partnership-help-financial-institutions-integrate-esg
Financial IT
Frollo Calls for Use Case-Based Approach to Improve Open Banking Data Quality

Frollo, Australia's leading Open Banking provider, calls for a collaborative, use case based approach to enhancing data quality in the country's Consumer Data Right (CDR) ecosystem. With nearly four years of experience in the space, Frollo has a unique vantage point on data access and quality in the Consumer Data Right.

Monday, April 15, 2024 - 08:42
59448
/news/open-banking/frollo-calls-use-case-based-approach-improve-open-banking-data-quality
Financial IT
Tabs Secures $7M in Seed Funding Led By Lightspeed to Advance its AI-powered B2B Accounts Receivable Platform

Tabs, an Accounts Receivable (AR) platform for B2B businesses, today announced a $7 million seed funding round led by Lightspeed Venture Partners. This brings the company’s total amount raised to $12 million, including a pre-seed round from Primary Ventures. The investment will fuel Tabs' mission to reimagine B2B AR processes at a critical time when most businesses struggle to collect cash and find profitability.

Friday, April 12, 2024 - 14:07
59447
/news/fundraising-news/tabs-secures-7m-seed-funding-led-lightspeed-advance-its-ai-powered-b2b
Financial IT
FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation

FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, today announced the successful closure of its Series E funding round, raising $100 million. The round was led by ICONIQ Growth, with Roy Luo, representing ICONIQ Growth, joining FloQast’s Board of Directors. BDT & MSD Partners and WiL (World Innovation Lab) also join as first-time investors, alongside the continued participation from board member Meritech Capital as well as Sapphire Ventures. 

Friday, April 12, 2024 - 13:41
59446
/news/fundraising-news/floqast-secures-100-million-series-e-funding-achieving-16-billion-valuation
Financial IT
EQT to Sell Rimes, a Global Leader in Enterprise Data Management Solutions for the Investment Industry, to Five Arrows

EQT is pleased to announce that EQT Mid Market Europe ("EQT"), together with its co-shareholders, has agreed to sell Rimes to the Five Arrows Long Term Fund and Five Arrows Principal Investments (together "Five Arrows"). Five Arrows is the alternative assets arm of Rothschild & Co.

Friday, April 12, 2024 - 13:36
59445
/news/infrastructure/eqt-sell-rimes-global-leader-enterprise-data-management-solutions-investment
Financial IT
AI-powered Mobile Banking is the Future

Mobile banking has transformed the delivery of financial services over the past 25 years. The routine of visiting a bank branch to manage your money is long gone; with 86% of UK adults using some form of online banking. There are many young people today who have never stepped foot in a physical bank branch.

Friday, April 12, 2024 - 13:23
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/blog/ai-banking-mobilebanking/ai-powered-mobile-banking-future
Financial IT

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