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What is Payment Orchestration and Why is it Important?

Payments orchestration platforms (POPs), or payments orchestration level (POL), are innovational digital payment tools, which simplify the integration processes between a company’s website and payment service providers (PSPs). In other words, payments orchestration platforms allow one website to connect multiple payment processors at the same time, thus leading to increased geographical coverage and better customer experience. 

Wednesday, March 2, 2022 - 06:54
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Financial IT
Digitisation Accelerates Amongst European Finance Teams Despite Adoption Challenges

The digitisation of finance departments is accelerating across Europe, new research finds. For the majority of companies (38%), the most important functions within their finance department are now digitised. In the past 12 months, the main focus was on financial accounting, budget creation and management, and the creation of financial plans. Yet despite the progress made, there is still a long way to go until finance teams achieve full digitisation.

Wednesday, March 2, 2022 - 06:54
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Financial IT
NuMark Credit Union Selects Scienaptic’s Credit Decisioning Platform

Platform deployment aims to significantly improve ‘look-to-book’ and automated decisions
Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that NuMark Credit Union has chosen its AI-based underwriting platform to provide enhanced and faster credit decisions to its members.

Wednesday, March 2, 2022 - 06:51
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Financial IT
CI Global Asset Management Launches Two ETFs Tracking Solactive Innovation Indices: CI Bio-Revolution ETF and CI Digital Security ETF

CI Global Asset Management (“CI GAM”) releases two thematic ETFs tracking Solactive’s innovation indices, expanding its engagement with the German index provider. The ETFs, which are linked to the Solactive Global Genomics Immunology and Medical Revolution CAD Hedged Index NTR and the  Solactive Digital Security CAD Hedged Index NTR, allow investors to have access to high-demand industries  especially as the COVID-19 pandemic struck in 2019.  

Biotechnology and Genomics Immunology: CI Bio-Revolution ETF 

Wednesday, March 2, 2022 - 06:49
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Financial IT
Temenos Named a Leader for 12th Time in Gartner® Magic Quadrant™ for Global Retail Core Banking

Positioned furthest for ‘completeness of vision’ in the Leaders’ quadrant                                                                                                    

Wednesday, March 2, 2022 - 06:46
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Financial IT
“Instead of transacting at the speed of technology, FinTech organizations should aim for transacting at the speed of thought”: Anubrata Biswas, CEO, Airtel Payments Bank at FinTech Festival India

Three day FinTech Festival India is being held between March 1-3; organized by Constellar and supported by Niti Aayog and six central ministries

Discussions to revolve around CBDCs, De-Fi, Data Analytics, RegTech, Lending

FinTech Festival India, the country’s largest FinTech event is underway with its digital edition between March 1 and 3, organized by Constellar Exhibitions (a subsidiary of TEMASEK and Singapore Press Holdings which organizes Singapore FinTech Festival) and supported by Niti Aayog and six central government ministries.

Wednesday, March 2, 2022 - 06:40
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Financial IT
SquaredFinancial Onboards Quant Insight’s iQbyQi, Pairing Retail Traders with AI-backed Analytics and Insights

 SquaredFinancial, the fintech brokerage headquartered in Cyprus offering trading services through online and mobile platforms, has become the first company to offer its customers access to iQbyQi’s cutting edge analytics, backed by AI, Machine Learning and Data Science. 

Tuesday, March 1, 2022 - 16:33
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Financial IT
KX Strategic Partnership Agreement with Microsoft

FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) announces that it has entered into a strategic partnership agreement with Microsoft to expand the reach of its KX Insights streaming data analytics platform as more organisations look to modernise their data infrastructure for real-time decision making. Firstly, KX Insights will be embedded natively on the Microsoft Azure platform as a first class service, with KX generating revenue based on consumption.

Tuesday, March 1, 2022 - 16:24
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Financial IT
Finaro Announces Its Acquisition by the American Leader in Commerce-enabling Technology – Shift4 - in a Deal Valued at $575 Million USD

Joining forces with Shift 4 allows both companies to expand their services and provide global merchants a complete offering and a multi-dimensional processing experience unlike any other.

Tuesday, March 1, 2022 - 16:22
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Financial IT
Hogan Lovells Financial Services Regulatory Consulting Practice Hires Senior Director

Global law firm Hogan Lovells has hired Frank Brown as Senior Director to head its market-leading UK Financial Services Regulatory Consulting practice.

The firm’s Financial Services Regulatory Consulting practice was launched in 2017 as a strategic response to Brexit uncertainty in the financial services sector. At the time of its launch, Hogan Lovells became the first global law firm to offer a combination of legal and consulting services.

Tuesday, March 1, 2022 - 16:19
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Financial IT

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