Temenos Accelerates Momentum in North America and Relocates Regional Headquarters to New York
- 3 years 2 months ago
- Banking
New Manhattan office establishes Temenos at the center of banking Temenos, the banking software company, today announced that it has relocated its North American headquarters to the Helmsley Building on Park Avenue in New York City.
SIFMA, ICI and DTCC Lay Out Path to Shorten U.S. Securities Settlement Cycle to T+1 by First Half of 2024
- 3 years 3 months ago
- Investment, Banking
New report details changes market participants need to consider and implement to move to T+1 The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) today published a report targeting the first half of 2024 to shorten the U.S. securities settlement cycle from trade date plus 2 days (T+2) to trade date plus one day (T+1).
SunTec Business Solutions and Mambu Partner to Help Banks Deliver Personalized Pricing and Benefits at Scale
- 3 years 3 months ago
- Banking
SunTec’s specialized revenue management solution to integrate with Mambu’s cloud banking platform; allowing banks to orchestrate exceptional customer experiences SunTec Business Solutions and Mambu announced a partnership with plans to integrate its complete revenue management solution with Mambu’s cloud banking platform.
Knowledge Bank Receives Substantial Investment From Mortgage Entrepreneur
- 3 years 3 months ago
- Banking
Mortgage fintech business, Knowledge Bank, the UK’s leading criteria search system has today taken a significant investment to help propel its next stage of growth. Angel Investor and entrepreneur Ying Tan was the founder and former CEO of leading mortgage broker Dynamo. He has today acquired a significant stake in Knowledge Bank and will join its board, becoming non-executive chairman.
UK SMEs Forge Ahead With Cautious Optimism as Post-pandemic Business Confidence Grows
- 3 years 3 months ago
- Investment, Banking
Confidence: Half of SMEs are confident that customer demand, as well as turnover, will increase in 6 to 12 months, and the majority expect to grow over the next 3 years Investment: 70% of SMEs are planning to ramp up business investment, with a quarter intending to hire staff and upgrade equipment or machinery
Artesian : Duedil Modernises UBO Strategy for Banks and Insurers with new API Endpoint
London-based RegTech Artesian : DueDil has today announced a solution to one of the most complex challenges impacting banks and financial service institutions. The company is set to launch its new Ultimate Beneficial Owner (UBO) API endpoint, to improve onboarding speed and customer experience, whilst vitally mitigating regulatory, financial, and reputational risk.
Retail Sector Set to Account for Almost half of Embedded Finance Market
New report from Mambu and AWS forecasts embedded finance is worth $3.5 trillion to the retail sector amid Buy Now Pay Later boom
Global Payments Leader, Credorax, Rebrands as ‘Finaro’
Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro.
YouTrip, a Neobank in Southeast Asia, Raises US$30 Million to Accelerate Growth in B2C and B2B Space
- 3 years 3 months ago
- Banking
YouTrip's transaction volume has rebounded to pre-COVID levels, driven by strong traction in cross-border e-commerce transactions and return of travel spending. Exponential growth is expected in upcoming months following the opening of more Vaccinated Travel Lanes in Singapore and progressive return of SEA travel. The latest funding will be used to scale the neobank's product offerings, including venturing into the B2B payments space, and... more
Alternative Investment Exchange Announces Integration With UMB Fund Services’ Systems
- 3 years 3 months ago
- Investment, Asset Management, Wealth Management, Alternative Finance
Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with
nCino’s Commercial Banking Solution Ranked “Best-in-Class” by Aite Group for Third Consecutive Time
- 3 years 3 months ago
- Banking
Customer feedback and product innovation drive nCino as a top technology vendor in the 2021 Impact Matrix
Enterprise Capital Funds are Helping to Close the ‘equity gap’ by Increasing the Availability of early-stage Equity Finance to High Potential UK Companies, British Business Bank Interim Evaluation Report Reveals
- 3 years 3 months ago
- Banking
The latest Enterprise Capital Funds (ECF) programme Interim Evaluation Report reveals: · 63% of companies invested in by an ECF supported fund were either seed or start-up, and 25% were early-stage – helping to close the early-stage ‘equity’ gap · 388 UK-based companies funded by the programme between 2011-2019 created almost 8,000 jobs and generated £2.2bn in additional sales · Companies backed by ECFs grew very quickly, with... more
British Patient Capital Announces €30m Commitment to Partech Growth II
- 3 years 3 months ago
- Banking
British Patient Capital has made a €30m commitment to Partech Growth II, which announced its final close today at €650m. Partech is one of the most active tech-specialist venture capital firms in the world, and this latest fund is one of the largest growth funds in Europe. It aims to back between 12 and 15 digital scale-ups, investing between €20m and €70m in each business across sectors such as enterprise software, consumer, healthcare,... more
Multi-currency and FX “business-critical” for 94% of Fintechs post-pandemic
New insights from ClearBank demonstrate industry demand for accessible and competitive multi-currency offering
Developer to Begin Build at Eco-friendly Retirement Village After Bank Backing
- 3 years 3 months ago
- Banking
Development set to begin at eco-friendly retirement village with more than 200 units Shawbrook Bank supports developer with £17 million development loan Five-fold increase in retirement living accommodation required to meet needs of ageing population Work is set to start on a sustainable residential project for the over-55s in Burnham-on-Crouch, Essex, after property developer Burnham Waters Ltd., secured a £17 million loan from Shawbrook Bank.
