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Bitstocks Sees Bumper Surge in Transaction Volumes, Powered by Modulr

Bitstocks, the London-based fintech scale-up, has seen monthly transaction volumes increase on its Gravity platform by nearly 14% on average month-on-month since partnering with Payments-as-a-Service FinTech Modulr. The average deposit on the Gravity platform is now £3,300 per user. 

Wednesday, February 3, 2021 - 16:02
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Financial IT
State Bank of India (California) Deploys Surecomp to Support Trade Finance Growth

Surecomp®, the leading provider of global trade finance solutions for banks and corporates, today announced that the State Bank of India (California) (SBIC), has selected and gone live with its back-office trade finance processing automation solution DOKA-NG. 

Wednesday, February 3, 2021 - 15:05
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/news/trade-finance/state-bank-india-california-deploys-surecomp-support-trade-finance-growth
Financial IT
GoldenSource Expands Buy Side Solutions with Appointment of Jeremy Katzeff

GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM), has announced the appointment of industry veteran Jeremy Katzeff, CFA as Head of Buy Side Solutions. Based in NYC, Katzeff will report to Global Head of Products Tom Stock and take the lead role in expanding GoldenSource’s investment data management capabilities globally.

Wednesday, February 3, 2021 - 14:48
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Financial IT
NICE Actimize Launches AI-Driven New Account Fraud Solution to Combat Synthetic and Stolen Identity Fraud

Sophisticated fraud schemes utilizing stolen and synthetic identities are accelerating, requiring more powerful fraud-fighting solutions than traditional identity verification might have previously offered. Addressing these market needs, NICE Actimize, a NICE business (Nasdaq: NICE), today announced the debut of its New Account Fraud onboarding and verification solution.

Wednesday, February 3, 2021 - 13:55
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/news/artificial-intelligence/nice-actimize-launches-ai-driven-new-account-fraud-solution-combat
Financial IT
Latest Research from ZUBR Shows Blockchain Analytics Are ‘Writing on the Wall’ for Future Price Directions

The latest research from derivatives exchange ZUBR illustrates how blockchain analytics can give retail traders valuable forecasts of price direction.

Wednesday, February 3, 2021 - 12:17
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Financial IT
SteelEye Named Best Regulatory Reporting Product of the Year

SteelEye, the compliance technology and data analytics firm, has been recognised as the Best Regulatory Reporting Product in the Risk Markets Technology Awards 2021.

The award reflects SteelEye’s data-centric approach to compliance, which ensures automated, optimised, and accurate EMIR and MiFIR reporting. 

Wednesday, February 3, 2021 - 11:12
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/news/regtech/steeleye-named-best-regulatory-reporting-product-year
Financial IT
Aviva Investors and Other Major FS Companies Deploy World-First Causal AI Platform

The world’s first causal AI platform, created by deep-tech scaleup causaLen

Wednesday, February 3, 2021 - 10:21
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/news/artificial-intelligence/aviva-investors-and-other-major-fs-companies-deploy-world-first-causal
Financial IT
LexisNexis Risk Solutions Solves for Customer Data Disconnects as LexID for Insurance Launches in U.K. Market

Merger and acquisition activityi, high levels of switching and separated database infrastructures have made customer data management one of the insurance market’s biggest challenges.

Wednesday, February 3, 2021 - 09:16
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/news/data/lexisnexis-risk-solutions-solves-customer-data-disconnects-lexid-insurance-launches-uk
Financial IT
ConsenSys and Securosys to Launch Secure Method for Long-Term Ethereum 2.0 Staking

ConsenSys, the leading Ethereum software company, and Securosys, a leader in cybersecurity, encryption, and digital identity protection, announced the launch of a seamless and secure method for long-term Ethereum 2.0 staking. 

Wednesday, February 3, 2021 - 08:16
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/news/cryptocurrencies/consensys-and-securosys-launch-secure-method-long-term-ethereum-20-staking
Financial IT
70% of Global Business Leaders and F&A Professionals Lack Confidence in Data Used to Make Financial Forecasts

A global survey of C-suite executives and Finance and Accounting (F&A) professionals commissioned by accounting automation software leader BlackLine, Inc. (Nasdaq: BL) has revealed that less than a third (29%) of respondents are confident that the financial data they use for financial analysis and forecasting is accurate – even though a third (33%) indicate they are now under more pressure to provide an accurate picture of company performance because of the COVID-19 pandemic.

Tuesday, February 2, 2021 - 19:08
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/news/data/70-global-business-leaders-and-fa-professionals-lack-confidence-data-used-make-financial
Financial IT

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