Airwallex closes us$160m in record fundraising round to date, announces worldwide growth plans
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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?
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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
- 5 years 2 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.
