BharatPe Appoints Amit Jain as Chief Risk Officer
- 4 years 8 months ago
- Financial, People Moves
BharatPe, India’s leading financial services company for merchants, today announced another key addition to its leadership team with the appointment of Amit Jain as its Chief Risk Officer. Amit, a seasoned professional in credit risk and portfolio management, will work closely with Ashneer Grover, BharatPe’s Co-Founder and CEO, and Suhail Sameer, BharatePe’s Group President. Amit is the third addition to BharatPe’s executive team in 2021.
Workplace Savings Fintech Cushon Raises £26M and Acquires New Master Trust
Cushon, the fintech pension and savings provider, today announces it has closed an overall funding round of £26m to finance rapid expansion and product development plans, following its acquisition of another master trust pension scheme. Leading the £6m equity raise is renowned fintech venture capitalist, Augmentum Fintech, which also includes Tide, interactive investor and Habito in its portfolio.
Synechron and Campus Pride Partner to Promote and Align Diversity Initiatives and Expand LGBTQ Career Opportunities
- 4 years 8 months ago
- Financial, Consultancy
Synechron, Inc., a leading digital transformation consulting firm focused exclusively on the financial services industry, today announced its new partnership with Campus Pride, the leading national non-profit organization for student leaders and campus groups working to create a safer college enviro
UK Expects to be Nearly Cashless by 2024 as Use of Digital Payments Accelerates, New Worldpay From FIS Report Finds
The use of cash in the UK has significantly reduced, with the COVID-19 pandemic fueling a shift in consumer payment preferences, according to a new report recently released by financial technology leader FIS® (NYSE: FIS).
NFU Mutual Selects Invest|Pro from Financial Risk Solutions to Support Investment Administration of its Life Insurance Business
- 4 years 8 months ago
- Investment, Financial, Technical, Insurance
Financial Risk Solutions (FRS), a leading provider of investment administration software to life and pensions companies worldwide, today announced NFU Mutual has selected Invest|ProTM to support the investment administration of its GBP 6 billion unitised life insurance business.
CFPB Takes Action Against Company and its CEO for Deceptive Deposit and Loan Products
- 4 years 8 months ago
- Financial
The Consumer Financial Protection Bureau (CFPB) today filed a proposed settlement against Driver Loan, LLC, and its CEO, Angelo Jose Sarjeant. If entered by the court, the settlement would require the defendants to refund about $1 million in deposits to harmed consumers, stop deceptive practices, and pay a civil penalty. The CFPB alleges that Driver Loan and Sarjeant violated federal law by misrepresenting the risks associated with their deposit... more
iBanFirst Teams up with Global Investment Firm Marlin Equity Partners to Finance Organic Growth and M&A Initiatives
Financial services provider iBanFirst, which delivers solutions across banking borders, has announced the completion of a growth equity investment to fund product development, international expansion and M&A. Global private equity firm Marlin will become the fintech’s largest shareholder, replacing existing business angels and some of the company’s early backers. Through the transaction, a number of iBanFirst’s historic partners, including... more
Information Hub Launched to Track Adviser Software Offerings
- 4 years 8 months ago
- Management, Wealth Management, Financial, Technical
FTRC has today launched a dedicated information hub on AdviserSoftware.com – the ultimate destination for financial advisers, wealth managers, and mortgage brokers – providing advisers with a one-stop shop of everything they need to know about the technology available to them to better run their businesses.
Macrosynergy First to Use Macrobond Web API Data Feed
Macrobond Web API gives economists, analysts and strategists instant access to more than 245 million macroeconomic and financial time-series data globally – in real-time and on-demand
Fitch Learning Examines The Growth of Data Science in Financial Services Apprenticeships
- 4 years 9 months ago
- Platform Technology, Financial
Recent research has shown that the UK has a chronic shortage of data talent, which is costing organisations more than £2 billion a year. The demand for data scientists has also tripled over the past five years, rising 231%.
PayNearby Ties Up with Centrum Microcredit to Facilitate Unsecured Business Loans to Retailers
- 4 years 9 months ago
- Payments, Banking, Financial, Non-Financials
As part of its Shop Owners Benefit Program, PayNearby, India’s leading branchless banking and digital payments network, has tied up with Centrum Microcredit Limited, the micro finance arm of the Centrum Group, to facilitate unsecured business loans to its retail partners. As part of the tie-up, loan requirements will be sourced through PayNearby’s vast network of retailers and will be disbursed by Centrum Microcredit Limited.
Uncapped Raises $80m to Move Beyond Lending and Offer Wider Banking Services Tailored to Digital Entrepreneurs
Uncapped, a London-based startup changing the way online companies fund their growth and inventory costs, has today raised $80 million of debt and equity in a new funding round that will enable the company to move beyond lending by launching a suite of new banking services tailored to the needs of digital entrepreneurs.
Workday Named a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises
Workday, a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, In
The Customer Experience in Insurance has “Stood Still” for Five Years
FintechOS, the global technology provider for banks, insurance and financial services companies, today revealed new research that shows 73% of UK consumers believe the customer experience (CX) in insurance has “stood still” for five years. After better financial terms, consumers will switch insurers in pursuit of a better customer experience, especially Gen Z (18-24 years old) and Millennial (25-39 years old) generations. The data comes from a... more
VIALET selects Tribe Payments for issuer and acquirer processing
Payment technology company Tribe Payments, today announced it has been selected by VIALET, an alternative financial solutions provider, to provide both issuer and acquirer processing services.
