SEBA Bank Raises CHF 110 Million In Series C Funding To Fuel International Growth And Drive Institutional Business
- 3 years 10 months ago
- Fundraising News, Asset Management, Banking
Successful financing round is co-led by a consortium of specialized blockchain and fintech investors, including Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralized finance. Alameda Research, a global cryptocurrency quantitative trading firm and liquidity provider, as well as core partner of FTX, also participated in the round
Proud to Announce: Azentio Awarded AAOIFI’s Certificate of Compliance for iMAL™ R14.5
- 3 years 10 months ago
- Core Banking
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by
United Fintech in Buy-up of Athena Systems - Fourth Acquisition in Just Fourteen Months
- 3 years 10 months ago
- Asset Management, Banking, IT Innovations
Setting out on a multi-stage acquisition of US-based Athena Systems, United Fintech continues its rapid expansion in pursuit of becoming the global banking industry’s ‘one-stop-shop’ for innovative capital markets products, broadening the scope to target an asset management industry in urgent need of technological innovation: “Banking and buy-side tech is starting to overlap and we are seeing very similar existential challenges”, reasons Danish... more
Early Preparation for SWIFT Trade Finance Changes rewarded – with Seamless Transition for all Banks Using CBA’s IBAS GTF Solution
- 3 years 10 months ago
- Banking
ABN AMRO Bank among the banks that have successfully transitioned to new structured and more complex message formats for Guarantees and Standby Letters of Credit
Atom Increases Rates on Range of Award Winning Savings Products
- 3 years 10 months ago
- Banking
The move sees Atom offer far higher rates than those available from the traditional high street banks and is yet another example of Atom driving value back into the savings market. Atom’s top rated app (rated 4.8/5 by Apple users and 4.9/5 by Android users) means that these rates are available in minutes to existing and new to bank customers. Details of the new rates are: The below rates go live at 00:01 on Wednesday 12th January 2022: 6 month... more
Temenos Extends Relationship with Red Hat
- 3 years 10 months ago
- Banking
Temenos, the banking software company, has extended its strategic relationship with Red Hat, the world’s leading provider of enterprise open source solutions, by integrating Red Hat Process Automation Manager with Temenos Infinity cloud-native digital banking services.
Each Indian SME Loses 67 lakhs Annually due to Legacy System Dependence to Manage Financial Operations - RazorpayX Study
- 3 years 10 months ago
- Banking
- Around 1446 hours annually wasted per SME on mundane, repetitive tasks and manual errors - 66% SMEs want easier access to capital and faster means for loan approvals and verification
YES SECURITIES envisages Nifty hitting 21,000 in 2022 and 32,000 in 2025
Household consumption will increase by 46% to INR 191 trillion over the next four years; GenZ and Millennials to drive consumption Troubled sectors like Telecom, Capital Goods, Pharma, Banks, Asset Management, Real Estate, Cement, Discretionary, Building Materials among others are out of woods US FED Taper Tantrums won’t spoil the party; market cycles hints at a mega rally
nCino Completes Acquisition of SimpleNexus
Extends cloud-based platform with leading homeownership point-of-sale and mobile-first capabilities
Series B Raises USD 90m, Accelerating Expansion of Web 3.0 Offerings & Into New Global Markets
- 3 years 10 months ago
- Fundraising News, Banking
Sygnum’s Series B is led by Sun Hung Kai & Co. Limited (SEHK: 86), a leading Hong Kong listed alternative investment financial services institution
Over Half of SME Leaders Confused About the Government’s Plans to ‘level Up’ the Country
- 3 years 10 months ago
- Alternative Finance
Half (50%) don’t know what levelling up the country means for their business Just three in 10 (30%) business leaders believe that the government will deliver on its levelling up agenda As the government prepares to release its levelling up white paper later this month, new research1 from Nucleus Commercial Finance finds that more than half (52%) of SMEs are confused about the government’s plans.
AppLearn Secures Debt Funding From Silicon Valley Bank and NPIF – Maven Equity Finance
- 3 years 10 months ago
- Banking
Funding to support fast-growing software provider’s growth into new markets and create 60 new roles AppLearn, a Manchester-headquartered global Digital Adoption platform (DAP) provider, has secured significant financing from Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and investors, and NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF...
Central Banks Look to Quell Crypto’s Influence Over the Money Supply
- 3 years 10 months ago
- Banking
The Bank of Mexico intends to launch a Central Bank Digital Currency (CBDC) within the next two years, according to American Banker.
Sensibill Reaches Significant Client and Company Milestones in 2021
- 3 years 10 months ago
- Transaction Banking, Banking, Data
Sensibill, the only customer data platform designed specifically for the financial services industry, today shared highlights from 2021, including notable client wins, technology innovation, and strategic additions to the leadership team.
VERMEG’s COLLINE Collateral Suite Adds New Margin Analytics Capabilities from Cassini Systems
- 3 years 10 months ago
- Banking
VERMEG, a specialized software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to assist financial institutions in complying with Initial Margin (IM) requirements for uncleared over-the-counter (OTC) derivatives, exchange-traded derivatives (futures and options) and prime brokerage.
