How will lenders treat the financial symptoms of Covid19?
- 6 years 4 months ago
- Financial
COULD the coronavirus pandemic spark a financial crisis similar to that which was seen in 2008? Tim Kirby, Group Commercial Director of the global fintech Monevo, a personal lending marketplace and platform, discusses how Covid-19 could play out for lenders. The 2008 financial crisis, explains Kirby, was about credit over-exposure. While strains are apparent in the money markets today, it is not 2008, when risky mortgage investments in the US... more
Philippines student team wins Finastra’s global hackathon
- 6 years 4 months ago
- Financial
Finastra has crowned Team ‘WonderTech’ the grand prize winner of its largest ever global fintech hackathon on its open development platform, FusionFabric.cloud. The Manila-based team was selected for the top honor for its ‘Agree Farm App’ from among five category winners at Finastra Universe New York.
NatWest outlines £5bn of Working Capital Support for SMEs during Coronavirus outbreak
- 6 years 4 months ago
- Financial
As the impact of the Coronavirus outbreak begins to directly impact more businesses, NatWest has outlined the initial support it will provide to SMEs across the UK, including a £5bn Working Capital Support extension to its successful Growth Funding Package, ongoing support and practical advice for businesses.
ICSFS Wins Oracle ISV Partner of the Year
- 6 years 4 months ago
- Financial
ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the OraclePartnerNetwork (OPN), has received ISV Partner of the Year at Oracle Partner Executive Forum - Levant & Egypt.
Women geared up to shape future of technology
- 6 years 4 months ago
- Financial
The completion of an initiative to break the barrier of gender bias preventing women from becoming leaders in technology has been announced. With 32% of women still believing a gender gap exists, placing a major hurdle between them and their future careers, Compass Plus introduced an educational programme specifically for women.
Fintech firms AccessFintech and Cappitech announce expansion of partnership
- 6 years 4 months ago
- Financial
AccessFintech, which delivers collaboration, transparency and control to the financial services industry, and Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, today announced they will collaborate to deliver greater governance and risk controls for market participants by providing their combined solution to clients across the financial... more
Masthaven launches digital Women in Leadership programme to support gender diversity in financial services
- 6 years 4 months ago
- Financial
Masthaven Bank has launched a digital development programme for its female leaders which aims to hone their leadership skills, develop as professionals and help them build stronger peer support communities at work. The announcement follows research from the bank which suggests brokers feel that gender diversity - while still an issue for the financial services sector – has improved over the past five years.
BBVA and Cisco strengthen their partnership with the deployment of new tools that improve productivity and sustainability
- 6 years 5 months ago
- Financial
BBVA has agreed to deploy new set of Cisco collaboration solutions to solve some of its digital communications and sustainability challenges.
BBVA’s Turkish franchise announced its decision to turn to renewables to power its corporate buildings, subsidiaries and branches
- 6 years 5 months ago
- Financial
Garanti BBVA has signed the 100 percent Renewable Energy Agreement, according to which, in 2020, it will source the 90 million kWh it requires to power a total of 813 branches and 45 corporate buildings from renewable sources. This figure is equivalent to the consumption of 30,000 households.
Eventus Systems Raises $10.5 Million in Series A Funding Round
- 6 years 5 months ago
- Financial
Austin-based Eventus Systems, Inc., a multi-award winning global trade surveillance and market risk software platform provider, announced that the firm has just raised $10.5 million of growth capital in a Series A investment round.
Riverbed EMEA Report: Is digital transformation doomed to fail?
- 6 years 5 months ago
- Financial
Riverbed® today announced the results of a survey which found that over 70% of C-Suite decision makers believe business innovation and staff retention are driven by improved visibility into network and application performance.
DivideBuy receives Feefo Platinum Trusted Service Award 2020
- 6 years 5 months ago
- Financial
DivideBuy, a leading LendTech company, has won the Feefo Platinum Trusted Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers.
ICSFS’ Managing Director, Robert Hazboun, Acknowledged for his Business Leadership and Exceptional Vision by World Finance
World Finance, the voice of the market magazine, awarded ICS Financial Systems Limited (ICSFS)’ Managing Director; Robert Hazboun, in its World Finance Winter 2020 edition, as one of its World Finance 100 individuals and business in financial services that have outstanding enterprise and kept pushing their industries forward.
Altus and TISA launch online tool for firms to support vulnerable customers
- 6 years 5 months ago
- Financial
Altus, in partnership with TISA, has today launched an online self-assessment tool, the Vulnerability Radar, to help firms understand and identify how to support vulnerable customers. The Vulnerability Radar seeks to address growing concerns around the accessibility of financial services for vulnerable people. The FCA is currently consulting on guidance published in July 2019 to ensure consistency of outcomes for vulnerable consumers across the... more
Finastra Extends Medical Insurance Benefits to Partners of LGBTQ Employees in India
- 6 years 5 months ago
- Financial
Finastra today announced that it has extended medical insurance benefits to partners of its LGBTQ employees in India, as part of its drive to create a diverse and inclusive workplace. Same-sex couples who live together are now eligible for the same medical benefits as co-habiting couples from different genders.
