Finastra’s Hack to the Future 4 Opens With Focus on Sustainable and Inclusive Finance, BaaS and DeFi
- 2 years 12 months ago
- Asset Management, Banking
Launch coincides with International Women’s Day in alignment with Finastra’s commitment to forwarding diversity, equity and inclusion across financial services Finastra has opened its fourth annual global Hackathon. Building on the success of its previous events – to redefine finance for good and build an unbiased fintech future – this year’s launch coincides with International Women’s Day (IWD), aiming to inspire the fintech space to be open by... more
BankiFi Joins Visa Fintech Partner Connect to Bring SME Business Banking Solution to Visa’s Clients and Partners
- 2 years 12 months ago
- Banking
BankiFi, the Manchester-based tech company on a mission to put banks at the heart of business has announced today that it has joined Visa Fintech Partner Connect in Europe – a programme that helps Visa`s clients deliver the next generation of digital banking solutions. The partner programme focuses on Visa’s clients who have shown an interest in improving their digital proposition for SMEs.
Blacks Solicitors Banks on the Future
- 2 years 12 months ago
- Banking
Award winning law firm, Blacks Solicitors has appointed Richard Morton to lead the Banking team nationally. Richard joins Blacks as a partner and head of Banking law following his time leading the banking teams at Squire Patton Boggs and Gateley. He will work closely with Blacks’ head of Corporate law, Nigel Hoyle, to further grow Blacks’ six-partner Corporate team and to develop a stand-alone Banking team.
Temenos Extends ESG Leadership in Global Sustainability Indices
- 2 years 12 months ago
- Open Banking, Banking
Awarded Silver Class Distinction in S&P Sustainability Yearbook 2022 and included in the FTSE4Good Index Series for 3rd Consecutive Year Temenos (SIX: TEMN), the cloud banking platform, has extended its leadership position in the S&P Sustainability and FTSE4Good Indices, two of the world’s most influential ESG performance ratings.
The Bank of London Joins Faster Payments, the UK's 24/7 Real-time Payments System
The Bank of London, the leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank, today announces it has become a Directly Connected Settling Participant (DCSP) of the Faster Payment System, the UK's 24*7 real-time payments infrastructure.
ADDX To Appoint New CEO: Investment Banking Veteran Oi-Yee Choo Aims To Build Asia’s Largest Private Market Exchange And Record US$1 Billion In Transactions By 2023
The mission of ADDX is to democratise private market investing – expanding access from institutions to accredited individuals, and ultimately to retail investors, she says Singapore Exchange-backed private market platform ADDX has announced that Oi-Yee Choo will be appointed its Chief Executive Officer, subject to the Monetary Authority of Singapore’s (MAS) approval.
Visa, Mastercard and American Express Suspend Operations in Russia
Visa, Mastercard and American Express have announced they will suspend all operations in Russia in protest at its invasion of Ukraine. But Russia's major banks have already downplayed the impact the move will have on consumers. Shoppers will still be able to use the cards for purchases within Russia until they reach their expiry dates. But Visa, Mastercard or American Express cards issued abroad will no longer work at shops or ATMs... more
ADDX To Appoint New CEO: Investment Banking Veteran Oi-Yee Choo Aims To Build Asia’s Largest Private Market Exchange And Record US$1 Billion In Transactions By 2023
- 2 years 12 months ago
- Investment, Banking
The mission of ADDX is to democratise private market investing – expanding access from institutions to accredited individuals, and ultimately to retail investors, she says CEO Designate Oi-Yee Choo at the ADDX head office located at Aperia Tower One, Singapore Singapore Exchange-backed private market platform ADDX has announced that Oi-Yee Choo will be appointed its Chief Executive Officer, subject to the Monetary Authority of Singapore’s (MAS... more
Sberbank Pulls out of Europe as Austrian Entity Fails
- 2 years 12 months ago
- Banking
Sberbank has announced it has been forced to pull out of the European market, after it said it faced large outflows of cash in the region as well as threats to the safety of its employees and branches. The bank, Russia’s biggest lender, said its European subsidiaries had faced “abnormal cash outflows”, meaning it could no longer supply them with liquidity. However, Sberbank said it had sufficient capital to be able to make payments to all of its... more
04/03 – Weekly Fintech Recap
- 3 years 2 days ago
- Artificial Intelligence, Digital banking, Open Banking, RegTech, Payments, Banking, Data, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships LendingUSA introduces FastScreen customer prescreen toll for the funeral home industry in partnership with TransUnion
SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans
Community bank chooses nCino’s robust, single platform to best serve its community
Fintech Delio Secures $8.3m Growth Funding Led by Octopus Ventures to Connect Private Markets on a Global Scale
- 3 years 3 days ago
- Alternative Finance
Investment was led by Octopus Ventures and supported by early-backers Maven Capital Partners, bringing Delio’s total equity funding to $15.5m Delio’s white-label technology helps financial institutions like Barclays and UBS to share and manage private markets investment opportunities through a series of digital hubs
Gulf Capital Accelerates Investment Pace in Egypt With Over EGP5 Billion Invested in the Country to Date and Announces New Office Opening
- 3 years 4 days ago
- Investment, Alternative Finance
Gulf Capital, a leading thematic alternative investment firm in growth markets, announced today that it has opened an office in Cairo to further seek investment opportunities in the fast-growing Egyptian and African markets. The office will be headed by seasoned investor Miray Zaki, the prior Chief Investment Officer of the Sheikh Zayed Al Nahyan Foundation and previously with the Abu Dhabi Investment Authority (ADIA), and Fady George, who joins... more
LHV UK Selects Tuum as Core Banking Platform Provider to Accelerate Product Development & Future-Proof Operations
- 3 years 4 days ago
- Core Banking
Tuum, the next-generation core banking platform, today announces that it has been selected by LHV UK, the fintech-focused bank and payment services provider, to provide the core infrastructure for the entirety of LHV UK’s banking operations.
Insufficient Investment, Skills and Data Causing Significant Challenge to Global Banks and Insurers' Efforts to Quantify Cyber Risk Says ORX
- 3 years 4 days ago
- Investment, Banking, Data
Cyber is one of the top risks facing the financial services industry, but organisations are still working out the best way to quantify it, according to a report by ORX, the world’s largest association of operational risk professionals. 30 major global banks and insurers took part in the latest ORX Cyber study: ‘Cyber risk management: The journey to cyber risk quantification’, which provides insights into current practice, challenges and the... more
