All content with RSS

Willis Towers Watson and ITFA Create first ever Basel III Compliant Trade Credit Insurance Policy

Harmonised policy form launched at International Trade and Forfeiting Conference (ITFA) Conference in Bristol, UK

After three years of effort and numerous negotiations with insurers, banks, law firms and brokage firms, ITFA has released a Basel III policy form which elevates policy wordings and enhances market efficiency based on an original policy form developed by Willis Towers Watson (NASDAQ: WTW).

Friday, October 8, 2021 - 10:18
42609
/news/trading-systems/willis-towers-watson-and-itfa-create-first-ever-basel-iii-compliant-trade
Financial IT
Ebury Named #1 Forecaster for 3 Different Currency Pairs in latest Bloomberg FX Rankings
  • Ebury listed as most accurate contributor for EUR against the Russian ruble, Norwegian krone and Czech koruna
  • Named as the number two forecaster for USD against the South African rand, Chilean peso and Mexican peso

Ebury, a leading global  fintech company that simplifies cross-border trade and payments by offering international transactions, has been named among the top forecasters for seven different currency crosses in Bloomberg’s FX forecast accuracy rankings for Q3 2021.

Friday, October 8, 2021 - 10:05
42608
/news/trading-systems/ebury-named-1-forecaster-3-different-currency-pairs-latest-bloomberg-fx
Financial IT
Babylon Secures New $200m Sustainability-Linked Investment to Fuel Rapid Growth Plan

Babylon Holdings Limited ("Babylon"), one of the world's fastest-growing digital healthcare companies, today announced that it has secured a sustainability-linked investment of up to $200 million from Albacore Capital Group ("AlbaCore"), a strategic capital investment firm.

Friday, October 8, 2021 - 09:49
42607
/news/investment/babylon-secures-new-200m-sustainability-linked-investment-fuel-rapid-growth-plan
Financial IT
Babylon Project 2.0: World Blockchain Hackathon in the Metaverse

This year's month-long event runs from October 29 - November 20

The Babylon Project is a hackathon initiative committed to democratizing access to global innovation and the adoption of blockchain and distributed ledger technologies. The broadest vision of the World Blockchain Hackathon is a future ecosystem in which blockchain innovation becomes the standard backbone for impenetrably secure, fast-moving, intelligent global technologies of all kinds.

Friday, October 8, 2021 - 09:45
42606
/news/blockchain/babylon-project-20-world-blockchain-hackathon-metaverse
Financial IT
PIF, PCP Capital Partners and RB Sports & Media acquire Newcastle United Football Club

An investment group led by the Public Investment Fund (PIF), and also comprising PCP Capital Partners and RB Sports & Media (the "Investment Group"), has completed the acquisition of 100% of Newcastle United Limited and Newcastle United Football Club Limited ("Newcastle United" or the "Club") from St. James Holdings Limited. All requisite approvals have been obtained from the English Premier League and the acquisition was completed on 7 October 2021.

Friday, October 8, 2021 - 09:39
42605
/news/investment/pif-pcp-capital-partners-and-rb-sports-media-acquire-newcastle-united-football-club
Financial IT
Larry Neiman joins Macrobond as North America Business Development Director

Neiman joins from Haver Analytics to drive future growth in the US

MACROBOND Financial, a leading provider of economic and financial data and analytics, announced today that it has appointed Larry Neiman as Director of Business Development, effective 1 November. 

Mr. Neiman, who will be based in New York, will be responsible for growing Macrobond’s business in the US and managing strategic customer relationships in the region.

Friday, October 8, 2021 - 09:29
42604
/news/people-moves/larry-neiman-joins-macrobond-north-america-business-development-director
Financial IT
As use of Alternative Payments is Skyrocketing, Banks must Urgently Embrace the next Generation of Payments to Stay in the Race: Capgemini’s World Payments Report 2021

The report found that by 2025, instant payments and e-money payments will account for more than 25% of global non-cash transactions, up from 14.5% in 2020.

Friday, October 8, 2021 - 09:21
42603
/news/payments/use-alternative-payments-skyrocketing-banks-must-urgently-embrace-next-generation
Financial IT
AUD Leads Risk FX UP, USD Flat; Welcome to Payrolls Friday!

Summary: Welcome to Payrolls Friday! As my fingers hit the keyboards while my brain contemplates Friday, Payrolls Day. Ringing in my head is the tune of Phil Collins’ 1989 hit tune, “Just Another Day in Paradise”. Indeed, its just another day for you and me in FX land. Ahead of what is anticipated to be an upbeat September Payrolls report. Median forecasts are for a Jobs Creation number between 490,000 to 500,000, from 235,000 in August, and the Unemployment Rate to fall to 5.1% from 5.2%.

Friday, October 8, 2021 - 08:35
42601
/blog/stock/aud-leads-risk-fx-usd-flat-welcome-payrolls-friday
Financial IT
Getsafe secures another $63 million in funds, extending its Series B to $93 million.

Getsafe, the digital insurer targeting millennial buyers in Germany and the UK, has expanded its Series B funding round to $93M. The company is now serving a quarter of a million customers in Germany and the UK, consolidating its position as Europe’s largest neo-insurer.

Thursday, October 7, 2021 - 20:16
42600
/news/fundraising-news/getsafe-secures-another-63-million-funds-extending-its-series-b-93-million
Financial IT
Privacy Risks in IRS Banking Transaction Reporting Avoidable: Industry Experts

The IRS can avoid the risk of misuse and loss of private data by using analytics software.

FlowTracker Analytics today announced an alternative to reporting banking transactions to the IRS that cuts down privacy risks while providing more relevant information to support the Treasury's tax compliance goals - money flow analysis.
Thursday, October 7, 2021 - 18:48
42599
/news/banking/privacy-risks-irs-banking-transaction-reporting-avoidable-industry-experts
Financial IT

Pages