27/06 – Weekly Fintech Recap

• 2 years 11 months ago
• Payments, Data, FinTech StartUps, IT Innovations, M&A Deals, People Moves

Partnerships  Phundex Limited and Gibson Strategy Formed a Strategic Alliance

Phundex Limited and Gibson Strategy Formed a Strategic Alliance

• 2 years 11 months ago
• Data

CleverTap Recognized by Great Place to Work Among India's Great Mid-size Workplaces

• 2 years 11 months ago
• Data

CleverTap, the modern, integrated retention cloud, has been recognized by Great Place to Work® India as one of India's Great Mid-size Wo

FIntegrate Strengthens Regulatory and Compliance Efforts with Reg E Dispute Management Solution

• 2 years 11 months ago
• Data

FIntegrate, a data-driven analytics company focused on portfolio tracking, collections and revenue recovery software for the financial industry, announced the addition of its Fusion for Reg E Dispute Management solution to its collection and recovery software platform, 

Financial Firms are Investing More in Tech to Manage Increasingly Complex Regulatory Landscape

• 2 years 11 months ago
• Data

Almost half of firms (44%) are planning to invest more in RegTech solutions in the next 12 months to cope with the growing pressure on the compliance function in this fast-moving and increasingly complicated regulatory and operational landscape. A further 41% expect to invest the same amount as the previous 12 months. This investment is driving up the overall cost of compliance with almost all (90%) of financial services firms reporting... more

Proact has Signed an Agreement to Acquire sepago in Germany and Accelerates its Public Cloud Capabilities

• 2 years 11 months ago
• Data Management

Proact  has signed an agreement to acquire the German IT consultancy company sepago GmbH to enhance Proact’s market presence and expertise in delivering public cloud transformation and IT consultancy capabilities to the large and medium-sized enterprise segment. The acquisition is expected to close in early July. 

ComplyAdvantage Launches a Free Tool to Verify Customers Using PEPs, Adverse Media & Additional Data Insights

• 2 years 11 months ago
• Data

Conduct smarter ID searches & contextualised risk indicators using the world’s largest database of people and businesses

Trumid Chooses AtScale Semantic Layer to Drive Advanced Analytics and Data Science Initiatives

• 2 years 11 months ago
• Data

AtScale, the leading provid

95% of Buy-side Firms Looking to Improve ESG Data Management

• 2 years 12 months ago
• Data

Over nine out of ten (95%) buy-side financial services across the UK, US and Asia are looking to improve their ESG data management, with 80% of firms in total looking to do this within the next year. Additionally, 32% are planning on doing so in the next six months.

MDX Technology Acquires Iceflow Technology Limited, a Low-code/No-code SaaS Workflow Solution for Financial Institutions

• 2 years 12 months ago
• Data

MDX Technology (MDXT) today announces the acquisition of Iceflow Technologies Limited. Iceflow enables users to build workflows on-the-fly, circumventing congested development queues. Proof of Concepts (POCs) can be set up within days and deployed very quickly due to it being a low-code/no-code SaaS platform. Iceflow has been developed by Graham Denyer, ex-IHS Markit and architect of the original Markit EDM solution, Graham will join MDXT as CTO...

Spectra Logic Announces Enhancements to its Vail Data Management Software

• 2 years 12 months ago
• Data Management

Spectra Logic, a global leader in data management and data storage solutions, today announced several enhancements to Spectra Vail®, a multi-cloud data management software, that further enriches Vail’s ability to combine any storage into a single global namespace -- delivering universal access and placement of data across multi-site and multi-cloud storage no matter where the data resides. Sp

Scality RING Achieves Milestone Disaster Recovery Access with Major US Bank

• 3 years 5 days ago
• Data

Scality announced today that it has achieved a milestone in continuous operations and recovery point objective (RPO) for RING replication in an 80-petabyte data lake deployment for a major US bank. The company engineered a deployment that satisfied the customer’s data lake requirement with a secondary disaster recovery (D/R) site, active/active access and sub-60-second RPO across two data centres separated by over 1,200 miles.

NTIA Survey Shows Devastating Impact of Cost Inflation on Night Time Economy Businesses

• 3 years 1 week ago
• Data

Following extensive research carried out by the NTIA into over 200 businesses within the Night Time Economy, 53.2% of respondents are seeing a 30% increase in operating costs compared to pre pandemic levels. 48% of respondents are 'barely breaking even' when asked if their business is still profitable based on the increase of trade cost, with a further 20.2% stating that they're losing money.

LIKEZERO Appoints New COO

• 3 years 1 week ago
• Data

LIKEZERO, the next generation contract risk analysis and data capture company, is delighted to announce the appointment of Joli Riley as COO.

Qumulo Advances Customer Success with Delivery of Industry’s Gold Standard Upgrade Experience

• 3 years 2 weeks ago
• Data

Qumulo, the leader in data storage and management at scale, today announced a radically simple process for Qumulo customers to avoid compromising time, money or business operations during necessary technology upgrades. Customers can now update Qumulo Core® software without interrupting access to data or compromising performance.