Investment was led by Octopus Ventures and supported by early-backers Maven Capital Partners, bringing Delio’s total equity funding to $15.5m
Delio’s white-label technology helps financial institutions like Barclays and UBS to share and manage private markets investment opportunities through a series of digital hubs
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Fintech Delio Secures $8.3m Growth Funding Led by Octopus Ventures to Connect Private Markets on a Global Scale
Thursday, March 3, 2022 - 09:39
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/news/alternative-finance/fintech-delio-secures-83m-growth-funding-led-octopus-ventures-connect
Financial IT
PayPal and Mastercard Most Impersonated in Financial Phishing Schemes in 2021
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Thursday, March 3, 2022 - 09:25
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/news/security/paypal-and-mastercard-most-impersonated-financial-phishing-schemes-2021
Financial IT
Worldline Enters the Japanese Merchant Services Market Through a Partnership With Local NSP Vesca
Unlocking Japanese acceptance landscape to boost preference for card payments at large scale is part of Worldline’s global growth strategy
Worldline, a global leader in payments services announced its business expansion to Japan, offering credit card payment processing for merchants nationwide. An economically mature, very secure market with conservative consumer habits, Japan offers a huge growth potential for card payments.
Thursday, March 3, 2022 - 09:10
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/news/payments/worldline-enters-japanese-merchant-services-market-through-partnership-local-nsp-vesca
Financial IT
TrueLayer Delivers Instant Deposits and Withdrawals for UK Broker ETX Capital
TrueLayer’s platform offers a higher-converting, lower-fraud payment approach when compared to card and bank transfer.
Thursday, March 3, 2022 - 08:50
46086
/news/open-banking/truelayer-delivers-instant-deposits-and-withdrawals-uk-broker-etx-capital
Financial IT
Payments Industry Reacts to Russia’s Invasion of Ukraine and International Sanctions
Visa and Mastercard blocked multiple Russian financial institutions (FIs) from their networks to comply with government sanctions imposed after Russia invaded Ukraine, per Reuters. Both payment networks also said they are prepared to comply with any future sanctions.
Neither network disclosed which FIs had been cut off, but a source told Reuters they include entities listed by the US as “Specially Designated Nationals.”
Thursday, March 3, 2022 - 08:25
46085
/news/payments/payments-industry-reacts-russias-invasion-ukraine-and-international-sanctions
Financial IT
Shakepay Launches its Bitcoin Rewards Card to Canadians
Shakepay, a leading Canadian bitcoin technology company enabling customers to easily buy and earn bitcoin through financial applications, today announces the availability of its Shakepay
Wednesday, March 2, 2022 - 17:46
46084
/news/bitcoins/shakepay-launches-its-bitcoin-rewards-card-canadians
Financial IT
Tide Commits to Incubate 500,000 Women-led Small Businesses in India by the End of 2027
● Aims to support women in India to start and run their own businesses
● Launch ‘Tide Women Entrepreneurs Mentorship Programme'
● Create an internal Women in Business Mentor Panel for advisory services
Tide, the UK’s leading business financial platform, with operations and an imminent launch in India, today announced their target of supporting 500,000 female-led businesses, start out by the end of 2027.
Wednesday, March 2, 2022 - 17:34
46083
/news/platform-technology/tide-commits-incubate-500000-women-led-small-businesses-india-end-2027
Financial IT
Cassini Systems Named Best Post-Trade Technology in HFM US Technology Awards 2022
Latest Honor for Excellence in Service to Hedge Funds Follows Post-Trade Recognitions for Europe and Globally, and Risk Award for UMR Service of the Year
Wednesday, March 2, 2022 - 17:31
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/news/trading-systems/cassini-systems-named-best-post-trade-technology-hfm-us-technology-awards-2022
Financial IT
MDOTM’s ALICE® is in AIFIN's Financial Innovations awards 2022
For the second year, ALICE® – MDOTM’s proprietary AI – receives AIFIN’s financial innovation award that recognises excellence in the Asset Management industry and best practices in Open Innovation.
Wednesday, March 2, 2022 - 17:20
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/news/it-innovations/mdotms-alicer-aifins-financial-innovations-awards-2022
Financial IT
DataLend: $634 million in Securities Lending Revenue in February 2022
Corporate Debt Lending Revenue Doubles Year Over Year
The global securities finance industry generated $634 million in revenue for lenders in February 2022, according to DataLend, the market data division of fintech EquiLend. The figure represents a less than 1% increase year over year from the $631 million generated in February 2021.
Wednesday, March 2, 2022 - 17:16
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/news/lending/datalend-634-million-securities-lending-revenue-february-2022
Financial IT
