Acquisition by Bank of Ireland of Davy - Ireland’s Leading Wealth and Capital Markets Provider
- 3 years 7 months ago
- Banking
The Group announces that it has reached an agreement to acquire J&E Davy (“Davy”), Ireland’s leading provider of wealth management and capital markets services, for an enterprise value of €440 million, subject to certain customary adjustments including capital at completion (the “Enterprise Value”). 25 percent of the Enterprise Value will be paid two years after completion subject to Davy shareholders meeting a number of agreed criteria. The... more
Prometeia and Fabrick Partner to Launch New Digital Wealth Management Solution harnessing AI and Open Finance
- 3 years 7 months ago
- Wealth Management, Online Banking, Risk Management
Fabrick, a leading Italian fintech company which operates internationally to promote Open Finance, and Prometeia, a consulting, software and research company that is a market leader in solutions for risk and wealth management, today announce the launch of Global Investment Portfolio, a unique digital wealth management solution that harnesses the power of artificial intelligence and open banking.
Monneo Launches First Multi-Currency Merchant Settlement Solution for Acquirers to Streamline International Payments
- 3 years 7 months ago
- E-Commerce, Banking
Monneo, virtual IBAN and eCommerce bank account provider, today announces the launch of its merchant settlement distribution service to enable acquirers to receive and distribute settlements to their merchants through the Monneo platform. The new service will help make transacting across currencies and borders easier and quicker, proving vital for acquirers operating in various verticals.
Nationwide Partners with Openwrks to Help Support Members Facing Financial Difficulty
- 3 years 7 months ago
- Open Banking, Banking
Nationwide is partnering with OpenWrks, a UK based provider of open banking applications, to help members facing financial difficulty. OpenWrks, using Open Banking technology, helps people in financial difficulty quickly pull together information from different accounts and sources to easily built an accurate digital income and expenditure statement.
Thunes Acquires Limonetik to Accelerate Rollout of Global Payment Collections
- 3 years 7 months ago
- Payments, E-Wallets, Alternative Finance, PaaS
Cross-border payments leader Thunes today announced the acquisition of Limonetik, a European Payment Methods Platform. This move will complement existing Thunes Cross-Border Payments solutions by enabling businesses to get paid in 70 countries, using over 285 local payment methods such as mobile wallets, payment by installments (BNPL), QR code payments and more. The solution will be known as Thunes Collections.
Digital Signage Solutions in the Modern Financial Institutions: Profits & Opportunities!
- 3 years 7 months ago
- Banking, IT Innovations
Price-value is no longer the only factor that influences customer satisfaction. To improve customer loyalty, financial institutions are adopting techniques that target enhanced user experience. Digital signage is an example of technological solutions available, and financial institutions like banks are leveraging its use to help interact with their customers more.
Ghost Drops Launches NFT Marketplace: “The Digital Future of Cannabis”
- 3 years 7 months ago
- Cryptocurrencies, Banking, Online Banking
Ghost Drops continues to evolve the cannabis scene, today announcing the launch of its pioneering NFT marketplace, cryptodrops.world. In collaboration with full-service digital banking partner QNTMPAY, Ghost Drops – the iconic cannabis brand which recently announced its popular launch into the legal market – is launching Crypto Drops, a world-first NFT platform focused on cannabis and the gamification of cannabis cultivation.
Sber Presents its AI-powered Healthcare Solutions at ICML
- 3 years 7 months ago
- Artificial Intelligence, Banking
Sber AI Laboratory has presented two AI-powered solutions at the 38th International Conference on Machine Learning (ICML): a model that identifies pneumonia sources in lungs through X-rays with further prioritization of patients who must receive treatment and a model that evaluates the risks of severe symptoms in patients hospitalized with pneumonia, including when it is caused by COVID-19. Sber’s AI for Health neural network models have been... more
BlackLine and Kyriba Partner to Streamline Digitalization of the Office of the CFO
- 3 years 7 months ago
- Banking, Cloud, SaaS, IT Innovations
Joint solution accelerates bank connectivity, enabling greater financial close and accounts receivable process automation for customers
The Middlefield Banking Company Taps Finzly’s Digital Account Opening Solution to Support Enhanced Customer Banking Experience
- 3 years 7 months ago
- Banking
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced today that The Middlefield Banking Company has selected Finzly’s contactless digital account opening (DAO) solution, enabling the bank to gain back-office operational efficiencies that support an enhanced customer experience.
Stamp Duty Holiday Ending - House Prices
- 3 years 7 months ago
- Banking
Francesca Carlesi, Co-founder and CEO of Molo Finance “The stamp duty extension back in March was a responsible move by the Government. Not only did it allow many house-buyers to breathe a sigh of relief, but it also enabled market resilience and contributed to growing the UK economy. However, now that the stamp duty holiday has come to an end, initial signs are mixed, with price drops and price rises both being reported.
A New Golden Era in Money: Revolutionary new banking platform with Money Designed to Protect and Benefit the Customer, not the Bank
- 3 years 7 months ago
- Payments, Cryptocurrencies, Banking
· Tally® is disrupting the monopoly of government-issued debt-based (fiat) currency in bank accounts. · World’s first to issue customer accounts with individual IBANs (International Bank Account Number) using non-fiat money. · Tally is a private sector designed ‘foreign currency’ anchored by physical gold and used globally with no transaction charges and no added foreign exchange (FX) margins anywhere in the world.
92% of Brokers Feel Positive about Their Prospects Over the Next Year
- 3 years 7 months ago
- Banking
This was an increase from 87% at the end of 2020, according to Masthaven’s latest Broker Beat research 88% are ‘confident’ or ‘very confident’ about the prospects for the market as a whole Over three quarters (77%) of brokers expect their sales and revenue to increase this year
MFS Africa Brings Mobile Money Remittances to Sierra Leone with Afrimoney Partnership
- 3 years 7 months ago
- Money Transfers, Mobile Banking
Pan-African fintech partners with Afrimoney, Africell’s mobile money service, to provide users with smooth and affordable international transfers MFS Africa today announces that it has made its entry into Sierra Leone, partnering with Afrimoney, pan-African telecommunications leader Africell’s mobile money service, to enable mobile money users in the country to receive payments from abroad smoothly and affordably.
North-south Divide Exacerbated by Covid-19
- 3 years 7 months ago
- Covid-19, Banking, Alternative Finance
56% of SME leaders believe UK regions are unequal 44% say economic inequality has worsened as a result of Covid-19 Nearly a third (32%) believe the location of their business has negatively impacted their ability to access financial support during Covid-19
