Mofo Survey: Tech M&A Dealmakers Remain Bullish; Turn to Tech to Remain Competitive And Leverage Changing, Pandemic-driven Opportunities
- 2 years 7 months ago
- Fundraising News, Investment, Banking
Three-quarters of top dealmakers who took part in the survey anticipate tech M&A deal volumes will increase through mid-2022; drivers for the M&A pipeline include scaling up by tech companies to increase competitiveness, adapting to technological advances, and meeting lasting pandemic-induced preferences for convenience and safety.
Neptune Announces New CEO
- 2 years 7 months ago
- Banking
Neptune Networks Ltd. (Neptune), the fixed income pre-trade market utility, announces the appointment of John “Coach” Robinson as permanent Chief Executive Officer (CEO). Robinson commenced in the role on the 9th of September 2021. Robinson has worked with Neptune as a senior consultant since November 2020. Neptune has been under the leadership of Interim CEO, Byron Cooper-Fogarty since January 2020. Cooper-Fogarty is remaining with Neptune and... more
Fintern announces the appointment of Andrew Bloom, founder of Masthaven Bank, as a Non-Executive Director
- 2 years 7 months ago
- Banking
Andrew Bloom, the founder and former CEO of Masthaven Bank, has joined the Fintern Board as a Non-Executive Director. Fintern, the fast-growing digital consumer lender on a mission to expand access to affordable lending, has appointed Andrew Bloom to its board as a Non-Executive Director. Andrew brings deep expertise launching and scaling lending businesses in the UK which will prove invaluable as Fintern works to make affordable credit... more
Human Trafficking a Serious Money Laundering Concern for Financial Institutions
- 2 years 7 months ago
- Banking
BAE Systems data reveals human trafficking is one of the top 5 biggest financial concerns for banks and insurers Money laundering techniques are now harder to spot and stop Financial compliance professionals blame ‘stagnant’ rules and regulations for hindering efforts to tackle money laundering Human trafficking is now one of the biggest concerns for compliance professionals across the globe, according to the latest annual anti-money... more
CryptoXpress Announces New Investor, Launchpad and Marketing Partnerships Ahead of Launch
- 2 years 7 months ago
- Cryptocurrencies, Banking
CryptoXpress (CX), offering one of the first consumer mobile solutions for easy, all-in-one access to crypto, banking and NFT services, today announced several new investors, launchpad, and marketing partnerships. These partners will be contributing various combinations of expertise, investment, investor relations, marketing, and access to their launchpads and communities. This comes as part of the private investment round which will support the... more
Recognise Bank Chooses Newcastle Strategic Solutions for Savings Management Services
- 2 years 7 months ago
- Management, Banking
Recognise Bank has selected Newcastle Strategic Solutions to provide its savings account management services. One of the UK’s newest SME banks, Recognise Bank recently launched its first personal savings accounts which included fixed rate and notice products.
Saracens Foundation and Shawbrook Bank to Inspire the Next Generation of Female Leaders Through Sport
Partners launch Empower Her project for young women playing grassroots and professional sport.
Temenos, Vodeno and Aion Bank Announce Strategic Collaboration to Accelerate the Adoption of Banking as a Service in Europe
- 2 years 7 months ago
- Banking
Temenos and Vodeno to enable regulated and non-regulated entities to embed financial services into their customer journeys Temenos (SIX: TEMN), the banking software company, Vodeno, a fully cloud-native BaaS provider and Aion Bank, a European licensed digital bank and credit institution, today announced a strategic collaboration to accelerate Banking as a Service (BaaS) deployment in Europe.
The Three Pillars of Digital Banking Transformation in 2021
- 2 years 7 months ago
- Banking
By Jason Tooley, Vice President EMEA, Dynatrace
Solarisbank Selects Feedzai as Risk Management Partner
- 2 years 7 months ago
- Banking, Cloud, Risk Management
Two fintech Unicorns join forces to shape the future of financial services and democratize access to banking in Europe
AppSealing Introduces Android Data Encryption Solution for Fintech and Banking Industries
The Data Encryption solution will help companies from the fintech, banking, and gaming industries meet their data security and protection needs in minutes, without ANY CODING.
NeoXam’s Datahub Platform Selected by Tikehau Capital to Support Transformation Program
- 2 years 7 months ago
- Asset Management, Alternative Finance
NeoXam’s DataHub platform has been selected by Tikehau Capital, the global alternative asset management group to support a broader IT and operational transformation program across their global multi-fund business.
Brand-new Positive Facilities (“Ejabiah”) Awards Core Banking System Contract to Islamic Software Powerhouse Path Solutions
- 2 years 7 months ago
- Core Banking, Islamic Finance
The newly established financing company in Saudi Arabia, Positive Facilities Co. Ltd. (“Ejabiah”), has signed an agreement on the 26th of August with Path Solutions for the implementation of its interest-free core banking platform.
Survey Highlights the High Price Paid by Banks for Lack of Transparency into their Trade Expenses
- 2 years 7 months ago
- Trading Systems, Payments, Banking
Global investment banks are spending vast sums each year on their brokerage fees and billing operations but data challenges, lack of automation and legacy technology make it difficult to fully understand and therefore optimise their spend across the organisation. According to an independent survey1 conducted by Meritsoft, a Cognizant company and leading innovator in the field of post-trade process automation, these issues are impacting capital... more
British Business Bank Managing £89bn of finance Support to 1.77m Businesses, up from £8bn in 2020, with an above Target Adjusted Return of 14.6%
- 2 years 7 months ago
- Banking
Catherine Lewis La Torre, CEO, British Business Bank, said: “Throughout 2020/21, in response to the pandemic the British Business Bank performed a role vital to the UK government, finance markets and the economy as a whole. “Our financial support to smaller businesses has increased by more than £80bn during the last financial year, and now stands at nearly £89bn.
