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The adoption of fintech and its future

The evolving fintech ecosystem is a financial revolution and has become part of the everyday norm much quicker than many ecosystem developments of the past. Thanks to fintech, we can now send money to friends and family using digital cross-border payment services or deposit a check by simply taking a picture on your phone. Banking or moving money across borders has never been easier as fintech makes the experience of financial transactions increasingly hassle-free.

Tuesday, July 23, 2019 - 08:23
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UnionBank is First PH Bank to Use Blockchain-based Tokenized Fiat for Account-to-account Cross-border Remittance

Union Bank of the Philippines (UnionBank) recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore's longest established bank, using the Adhara liquidity management and international payments platform.

Tuesday, July 23, 2019 - 08:11
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WorldStream Revamps Executive Leadership Team to Support Projected Global Growth

WorldStream, a fast growing provider of Infrastructure-as-a-Service (IaaS) hosting solutions with more than 15,000 dedicated servers installed and a global network with 10Tbps of bandwidth available, is preparing itself for further global growth in response to increased customer demand by announcing a major revamp in its management lineup and promoting six of its employees to the role of company director.
 

Tuesday, July 23, 2019 - 08:04
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Finantix targets Japanese and South Korean markets as it establishes Tokyo-based team

Finantix, a leading supplier of transformational software to the wealth management, insurance and private banking industries globally, has appointed Haruka Homma as its Country Manager for Japan and South Korea. This role is in response to the growing client demand for digital technologies in wealth management and will further drive the company’s strategic expansion in the APAC region.

Tuesday, July 23, 2019 - 07:54
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Magma Digital Crowned Employer of the Year at the E3 Business Awards

One of Lancashire's top tech specialists is celebrating after scooping the coveted Employer of the Year Award at this year’s E3 Business Awards.

The company, based in Buckshaw Village, employs some of the country’s top specialists in bespoke software development and was announced the winners at a black tie event at the University of Bolton Stadium, following a rigorous judging process.

Monday, July 22, 2019 - 14:08
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More Than A Quarter Of Organisations Fail To Support Employees Health and Wellbeing

More than a quarter of organisations (27%) do not have any processes in place to support employees’ health and wellbeing, according to new research by Vevox, with more than one fifth (21%) of employees feeling that their manager does not care about their health and wellbeing.

Monday, July 22, 2019 - 13:55
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Atom bank raises £50m in latest fundraising round

Atom bank, the UK’s first bank built exclusively for mobile and the UK’s most trusted bank on Trustpilot, has raised £50m in a fundraising round with participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP.

The new capital will be used to fund further growth and to continue the bank’s investment in technology.

Monday, July 22, 2019 - 13:26
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PayMate raises series D to accelerate growth, Visa makes strategic investment

PayMate, the market leader in B2B payments in India, today announced that it has successfully raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, Middle East, and Africa (CEMEA). Investors in this Series D round include Recruit Strategic Partners (Venture capital Arm of Recruit Co. Ltd. Japan), Brand Capital, existing investor Mayfair 101, and Visa.

Monday, July 22, 2019 - 13:07
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Icelandic acquiring bank Borgun hf. invests in cutting-edge FinTech from TruNarrative

Icelandic acquiring bank Borgun hf. – which offers Europe-wide payment processing and issuing services in Iceland – has invested in a new platform from TruNarrative, to help boost the firm’s merchant lifecycle management (MLM) and onboarding processes.

As a member of Visa Europe and Mastercard International, the new platform will enable Borgun to easily adopt new merchants into its payment network, as well as quickly and securely adapt its compliance and risk processes to new markets and products.

Monday, July 22, 2019 - 12:23
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Smart City and Blockchain Venture Between Interbit™ and Xinova Progresses

Interbit is pleased to announce progress with the CitizenOS Project (“the Venture”) which plans to bring smart technologies to cities worldwide. Interbit’s multi-blockchain architecture will provide the ability to handle the huge amount of data that will be generated and is expected to serve as the software platform upon which the CitizenOS Project will provide new infrastructure and the latest Interbit of Things (IoT) technology solutions to cities and state groups.

Monday, July 22, 2019 - 09:19
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