TraditionDATA adds TONAR-SOFR cross-currency basis swap data to alternative reference rate package
TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has added more depth to its alternative data set following Tradition’s execution of its first TONAR-SOFR cross-currency basis swap. Tradition’s London Yen desk executed a Japanese Yen/Tokyo Overnight Average Rate (TONAR) vs US Dollar/Secured Overnight Fixing Rate (SOFR) cross-currency basis swap trade, which will be processed via LCH’s... more
Axion Global Joins Vibrant Community at HKSTP’s FinTech Centre to Accelerate Fintech Innovations
- 3 years 7 months ago
- Investment, IT Innovations, Financial
Axion Global Digits (" Company") is pleased to announce that its subsidiary, Axion Global Innovation Centre ("AGIC"), is joining the vibrant and growing fintech community with the establishment of an office at the FINTECH CENTRE @INNOCENTRE of Hong Kong Science and Technology Parks Corporation ("HKSTP") in Kowloon Tong
El Salvador Moves to Adopt Bitcoin as National Currency as CBDCs Loom Large
- 3 years 7 months ago
- Trading Systems, Bitcoins, Financial
Yesterday, news broke that Nayib Bukele, President of El Salvador, announced that he was soon introducing legislation which would make the country the first sovereign state in the world to adopt Bitcoin as legal tender.
Sovos Launches New Advanced Periodic Reporting Cloud Platform for Automated Tax Reporting Across Global Borders
- 3 years 7 months ago
- Platform Technology, Financial, Technical
Sovos , global tax software provider, today announced the availability of Sovos Advanced Periodic Reporting platform. The new platform brings hundreds of customers onto next generation architecture designed for performance, scalability, enhanced functionality and expanded global coverage.
United Fintech Expands into the US with the Appointment of Mark Lawrence from Goldman Sachs
- 3 years 7 months ago
- IT Innovations, Financial, People Moves
United Fintech is expanding into the US with the appointment of Mark Lawrence from Goldman Sachs as Director and Head of Americas. This is a major development for the fast-growth firm launched by Christian Frahm to help banks, hedge funds and asset managers to accelerate their transition to a digital world through access to fintechs specialising in capital markets.
Synechron and Squirro Partnership: Helping to Unlock the Power of Data for Financial Services Firms
- 3 years 7 months ago
- Financial
New York, Toronto, London, Switzerland, Paris, Amsterdam, Dubai, Singapore, Hong Kong, Bangkok, Melbourne, Sydney, Auckland, Mumbai, Pune, Bengaluru, Chennai and Hyderabad.
Broctagon Deploys NEXUS 2.0 Aggregation Engine in BTSE to Enhance Crypto Exchange Liquidity
- 3 years 7 months ago
- Trading Systems, Asset Management, Financial, Technical
Multi-asset liquidity provider Broctagon Fintech Group today announces the deployment of its NEXUS 2.0 aggregation engine in the multi-currency digital assets exchange BTSE. The collaboration will enhance crypto liquidity for the exchange through NEXUS 2.0, Broctagon’s proprietary crypto liquidity aggregation and Straight-Through Processing (STP) engine.
Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for FIS Fintech Accelerator Program
- 3 years 7 months ago
- Lending, Authentication Technology, FinTech StartUps, Financial
Financial technology leader FIS® (NYSE: FIS) and The Venture Center have announced the ten companies selected to participate in the 2021 FIS Fintech Accelerator program.
BharatPe Appoints Amit Jain as Chief Risk Officer
- 3 years 7 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
- 3 years 7 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
- 3 years 7 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
- 3 years 7 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
