Payaca Secures £331K Investment from Blackfinch
- 3 years 3 months ago
- Investment, IT Innovations, Financial, Technical
Bristol Technology firm on track for expansion following investment. Payaca, an innovative financial technology company which has created a digital job management platform that helps service and trade-based businesses streamline operations and deliver first-class customer service, has secured £331k in investment from Blackfinch Ventures.
Assure Hedge Launches X Hedge, a Platform Allowing Any Business to Offer Own-branded Currency Solutions
- 3 years 3 months ago
- Financial, Risk Management, Non-Financials
• Cloud-based, full-service platform can be white-labelled by any company • Wide range of FX solutions available in over 30 currencies • Enables customers to immediately generate new revenue stream • Launch comes 3 months after Assure Hedge completed a EUR5m fund raise
Diasoft Named to Prestigious IDC FinTech 100 Ranking by IDC Financial Insights for the 10th Year in a Row
Diasoft, a global provider of financial technologies, moves up on the annual IDC FinTech Rankings. The 18th vendor ranking highlights top 100 global providers of financial technology and represents the leading hardware, software and service providers to the financial services industry from around the world. Vendors are ranked based on 2020 calendar year revenues attributed to financial institutions. This is the 10th consecutive year Diasoft has... more
EPH Selects OneStream Software to Streamline and Automate Complex Financial Operations
- 3 years 3 months ago
- Platform Technology, Financial
Central European energy group to implement OneStream’s Intelligent Finance platform
Nav Awards $10,000 Small Business Grant to Black-Owned Logistics Company in Minneapolis
- 3 years 3 months ago
- Platform Technology, Financial
Roseland Born Logistics to utilize the new funds to purchase a new box truck for the company
The “Gender Confidence Gap” is affecting UK Savers’ Ability to Invest or Save, According to TISA and EY Research
- 3 years 3 months ago
- Financial
A sizeable proportion of UK consumers (46%) have low confidence in making investment decisions. Women are significantly more likely to feel “overwhelmed by the range of financial options available” (62% of females agreeing with this statement vs 47% of males). Compared to men, women said they are significantly more likely to “struggle to know where to start” when it comes to making investment decisions (24% for females vs 16% for males).
Technology Helps Three in Four Small Businesses to Become More Efficient
- 3 years 3 months ago
- Financial
New research from Hitachi Capital Business Finance reveals that more than three quarters of small businesses across the UK (76%) have used technology in the last year to improve their business operations and become more efficient. This rises to 84% of small businesses that have expected modest growth – and 91% for those enterprises that predict significant expansion.
Thunes Announces Strategic Hires in Preparations for Further Expansion of Business
Thunes, the Singapore-based fintech company, and a leader in global cross-border payments, today announced it has appointed Irina Chuchkina as Chief Marketing Officer and Babul Balakrishnan as Head of Customer Care. Both executive hires will be based in Singapore and support Thunes’ global growth strategy.
Cambridge & Counties Bank Invests in Fighting Financial Crime as UK Businesses Report Record-breaking Levels of Fraud and Corruption
· PwC’s Global Economic Crime Survey 2020 reports more than half (56%) of UK businesses suffered some form of financial crime in the past two years · Cambridge & Counties Bank and ieDigital have developed a robust solution to mitigate risk around financial crime and protect its small and medium business clients by keeping their data fully secure
EFA Selects NeoXam for Regulatory Reporting
- 3 years 3 months ago
- Investment, Fund Management, Financial
The regulatory environment around funds has drastically increased in recent years and this trend is expected to continue. As a leading provider of the fund industry in Luxembourg, EFA is committed to providing its clients with the best service and the most up-to-date tools to respond to their existing and future regulatory requirements. To this end, the EFA wanted to adopt a dedicated platform to industrialise the operations of its teams... more
Nucleus Commercial Finance Hits £2 Billion Lending Milestone
Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, has today announced that it has reached £2 billion in lending to SMEs.
DTCC's Project Ion Platform Moves to Development Phase Following Successful Pilot with Industry
- 3 years 3 months ago
- Alternative Finance, Financial, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Project Ion initiative, an alternative settlement platform that leverages distributed ledger technology (DLT), will move into a development phase following a successful prototype pilot with leading market participant firms.
Less Than Half Of UK Financial Services IT Leaders Would Trust Predictive Analytics To Manage Their Kids’ Pocket Money
- 3 years 3 months ago
- Data, IT Innovations, Financial
Regulatory Obstacles, Lack Of Trust and Data Pipeline Limitations Slow Down Adoption Of Predictive Analytics, Finds New Research From Qlik
Synechron and Accelex Partner to Accelerate Operational Efficiency for Unstructured Data Extraction and Management for Private Market Managers
New York, Toronto, Charlotte, London, Paris, Amsterdam, Dubai, Singapore, Hong Kong, Bangkok, Melbourne, Sydney, Auckland, Mumbai, Pune, Bengaluru, Chennai and Hyderabad.
FintechOS Launches in US to Drive Digitalization in Underserved Financial Institutions
Financial tech provider will serve established banks and credit unions as well as new fintechs, simplifying digitization processes. FintechOS aiming to support more than 15 financial institutions on the continent. FintechOS forged a framework for operational success in the US with partners including Microsoft, Deloitte, Persistent and Capgemini. 100 new US hires by 2022.
