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Cardlay Raises $4 Million to Usher Traditional Banks Into the Digital Age

Cardlay, a front-end Card Management Platform and Cardholder application, is announcing the release of its white label solution for banks and a $4 million funding round from private investors. The company is now forming partnerships with top-tier banks to serve as a front-end platform, assisting in optimization of their corporate account management and capitalizing on existing portfolios.

Friday, December 23, 2016 - 06:22
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MiFID II and the rise of RegTech in 2017

Matt Gibbs, Product Manager at Linedata, the leading international software and technology provider, comments on the key regulatory challenges facing financial services organisations in 2017, and how a more holistic regulatory technology approach should be adopted to reduce mounting pressure:

Thursday, December 22, 2016 - 10:20
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Financial IT
Financial Fraud: Greatest Hits of 2016

2016 had a financial fraud being committed once every 15 seconds, compelling financial institutions to buckle up. The trend will continue through 2017 with newer, more innovative attempts. Imperative therefore to think innovatively to stay ahead of the game.

Thursday, December 22, 2016 - 09:51
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Financial IT
Axoni raises $18 million from leading financial institutions and venture investors

Axoni, a leading provider of distributed ledger technology to the financial services industry, announced today the completion of an $18 million Series A financing round led by Wells Fargo and Euclid Opportunities, ICAP’s fintech investment business, bringing Axoni’s total funding to date above $20 million. The financing round also included participation from Goldman Sachs, J.P. Morgan, Thomson Reuters, Andreessen Horowitz, FinTech Collective, F-Prime Capital Partners, and Digital Currency Group.

Thursday, December 22, 2016 - 08:42
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Financial IT
Setting up for CFO success in 2017

There's no doubt about it: 2016 has been a challenging year for UK businesses operating internationally. From Brexit to Trump, CFOs have had to continually battle with the consequences of unexpected events that sent shockwaves through the markets. With the full effects of these issuesset to be felt moving into 2017,businesses need to ensure they have strategies in place now so that they are not caught by unanticipated currency swings.

Wednesday, December 21, 2016 - 17:57
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Financial IT
Advances in Artificial Intelligence, Internet of Things, Highlight IHS Markit Top Seven Global Technology Predictions for 2017

From artificial intelligence to the Internet of Things (IoT), far-reaching innovations are unfolding in virtually every technology sector around the globe, continuing to change the way consumers, businesses and machines interact while also spurring the next revolution in tech market growth, according to a new white paper from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions for the major industries and markets that drive economi

Wednesday, December 21, 2016 - 16:28
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Financial IT
Fiserv Clients in Asia Pacific Recognized for Excellence with Industry Awards

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today a series of recognitions for its clients in the Asia Pacific region. These accolades reflect the Fiserv commitment to innovation and enabling best-in-class results for clients and are the latest acknowledgment of the success achieved by Fiserv clients in Asia Pacific.

Wednesday, December 21, 2016 - 11:45
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Financial IT
Munnypot launches robo-advice service

Munnypot, a new service offering affordable online financial advice, today announces it has soft launched, with the backing of respected industry partners.

Munnypot is a robo-advice and investment service that anyone can use to get straightforward financial advice in a language they can understand, at a fraction of the cost of a financial adviser or wealth manager. Munnypot soft launched to consumers in December and will be ramping up its marketing activity in early 2017.

Wednesday, December 21, 2016 - 11:37
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Financial IT
MetLife announces conVRse platform

MetLife in India has launched a new customer service platform available only through a virtual reality headset.

The conVRse platform, launched via MetLife PNB, the insurance firm's joint venture in India, was developed in partership with its inhouse innovation team at Lumen Labs in Singapore.

Wednesday, December 21, 2016 - 10:11
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Financial IT
Advise Technologies Releases Bank of Israel Derivatives Reporting Module

Advise Technologies, an industry leading provider of regulatory reporting software, is pleased to announce the addition of the Bank of Israel Derivatives Reporting module to the growing regulatory reporting capacity of the Consensus RMS platform.

Wednesday, December 21, 2016 - 10:06
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Financial IT

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