Global financial crime-fighting body backs digital onboarding call
- 4 years 8 months ago
- AML and KYC, Financial
The Financial Action Task Force (FATF), the multinational body charged with setting the global approach to fighting money laundering and terrorist financing, has backed a call by leading Regtech firm SmartSearch for businesses to employ digital customer onboarding processes.
IBM and Fenergo Join Forces To Fight Financial Crime
- 4 years 8 months ago
- Financial
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, and IBM (NYSE: IBM) today announced the signing of an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients better manage the multitude of financial risks they may face.
A new currency for charitable giving with the launch of For Good Causes
- 4 years 8 months ago
- Financial
For Good Causes -the UK-based fin-tech company - today officially launches its innovative new scheme which is set to transform the way consumers and retailers donate to charity.
Stripe extends Series G funding round
- 4 years 8 months ago
- Financial
Stripe, which builds economic infrastructure for the internet, announced today an extension of its Series G round, raising an additional $600 million from investors including Andreessen Horowitz, General Catalyst, GV, and Sequoia. The financing takes place on the same terms and valuation as the Series G.
British Business Investments and Par Equity to deliver £75m of investment to support ambitious entrepreneurs in the regions
- 4 years 8 months ago
- Investment, Financial
British Business Investments, a commercial subsidiary of the British Business Bank, has announced a new £15m commitment to Par Equity as the latest partner in its Regional Angels Programme. The funds from British Business Investments will be invested by Par Equity alongside the Par EIS Fund and the Par Investor Network to deliver over £75m of new funding for scale-up businesses primarily in the North of England, Scotland and Northern Ireland.
Airwallex closes us$160m in record fundraising round to date, announces worldwide growth plans
- 4 years 8 months ago
- Financial
A global fintech leader Airwallex today announced that it has closed its Series D fundraising round at US$160M, marking its biggest raise to date. The round includes majority participation from a group of new top-tier global strategic investors, including ANZi Ventures (the corporate venture capital arm of ANZ Bank) and Salesforce Ventures (the global investment arm of Salesforce).
FICO Addresses Critical Resiliency Issues for Financial Services in Virtual Event
- 4 years 8 months ago
- Financial
As financial services providers worldwide come under unprecedented pressure from the coronavirus pandemic, analytics software firm FICO has launched a global virtual event aimed at helping leaders manage operations, customers and new fraud scams in the current crisis.
PSL achieves £60billion of assets under management on the Phoebus servicing solution
- 4 years 8 months ago
- Financial
Following the sustained growth of Phoebus Software Limited (PSL), the balances of loans and savings serviced on the Phoebus servicing platform have now increased to over £60 billion.
Pico Advances Global Buildout Joining Japan Exchange Group Co-Location Ecosystem
- 4 years 8 months ago
- Financial
Pico, the leading provider of technology services for the financial markets community, today announced further APAC expansion with the launch of a new managed co-location facility for Japan Exchange Group, Inc. (JPX). Moreover, Pico also becomes a JPX distributor of TSE and OSE market data.
Itiviti partners with ECS Fin to add SWIFT messaging to NYFIX Matching
- 4 years 8 months ago
- Financial
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced a partnership with ECS Fin, provider of financial messaging services and transaction processing solutions, adding trade settlement to NYFIX Matching.
Trulioo survey reveals demand for real-time ID verification within financial services to deliver both speed and security in account creation
- 4 years 8 months ago
- Financial
More than three quarters (77%) of consumers claim that the account opening process can ‘make or break’ their relationship with a financial services brand. A new survey published today by Trulioo, the leading global identity verification provider, reveals that people are becoming increasingly intolerant of poor online account creation experiences within financial services and (77%) will switch to other sites if they encounter a sub-optimal... more
BBVA launches campaign inviting employees to join the fight against COVID-19
BBVA has launched a campaign for employees to do their part to help fight the COVID-19 pandemic. Employees who wish to do so, can join this cause through the campaign ‘Your contribution is worth double’ in which the bank will contribute an additional euro for every euro donated by employees.
VoxSmart receives £5.5m funding from NatWest to accelerate growth
- 4 years 9 months ago
- Financial
VoxSmart, the global leader in communications surveillance technology for Financial Markets, today announces a strategic funding round of £5.5m ($7.2m) from NatWest.
How will lenders treat the financial symptoms of Covid19?
- 4 years 9 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
- 4 years 9 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.
