Abacus Group Named to Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies—the 2019 Inc. 5000
Inc. magazine today revealed that Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, has been named to the 2019 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
MAS Issues New Rules to Strengthen Cyber Resilience of Financial Industry
- 6 years 1 month ago
- Security and Compliance, Security, Financial
The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector. The Notice on Cyber Hygiene sets out the measures that financial institutions must take to mitigate the growing risk of cyber threats. The Notice will make compulsory key elements in the existing MAS Technology Risk Management (TRM) Guidelines. Specifically, it... more
Fintech financing is in the highest demand in urban areas in Asia
Residents of urban areas fall back upon fintech services providing personal financing far more often than in less urbanized regions. These are the findings on the regional use of online financing in the Philippines, Indonesia, Vietnam and India mapped by the analysts of the financial holding Robocash Group.
Sterling fall could lead to surge in Chinese citizens buying British goods/visiting the UK -spending power could increase by 22%
- 6 years 1 month ago
- Digital Identity, Financial
JGOO, the next generation mobile payments platform, says the increased chance of a hard Brexit and the growing possibility of a general election means Sterling could fall further, leading to a possible surge in Chinese tourists visiting the UK and buying the country’s goods online.
Joint SWIFT and BCG report finds growing momentum for API technology as firms seek more efficiency and new service offerings
- 6 years 1 month ago
- Security and Compliance, Security, Financial
The securities servicing industry may be near a tipping point in adopting Application Program Interfaces, or APIs, as firms pursue improved efficiency and new business models. A new report published today by SWIFT and the Boston Consulting Group found that API interest is rapidly growing in the post-trade area. Over the course of 2018 alone, awareness of APIs among asset managers increased 26 percentage points to 72%, according to a BCG survey.... more
Enova Reports Second Quarter 2019 Results
- 6 years 1 month ago
- Platform Technology, Financial
Enova International, a leading financial technology and analytics company offering consumer and small business loans and financing, today announced financial results for the quarter ended June 30, 2019.
Path Solutions won first place in a record-breaking four categories of ACQ5 Global Awards
- 6 years 1 month ago
- Islamic Finance, Financial
Path Solutions, a global provider of Sharia-compliant banking software solutions and services, has won four categories in the 2019 ACQ5 Global Awards. Building on last year’s three-win, the company topped the Core Banking, Digital Banking, Sharia-compliant Microfinance, and GameChanger of the Year - Islamic Finance categories in this year’s rankings.
Wirecard Transforms Shopping Experience with Unique Smart Mirror
- 6 years 2 months ago
- Digital Identity, Financial
Wirecard Labs prototype is the first mirror to integrate ordering and payment options
Fusang Announces Strategic Partnerships to Help Build the Future of Digital Financial Infrastructure
- 6 years 2 months ago
- Asset Management, Financial
Fusang Group is pleased to announce that it is working with two firms from across the digital asset industry as it continues to build the future of financial infrastructure. Both its new partners will contribute to a growing tokenisation ecosystem around Fusang Exchange that enables high-quality assets, companies and projects to raise capital. The two partnerships will contribute different aspects to the ecosystem: • Point95 Global will offer... more
Finleap Tackles the French Market and Announces the Recruitment of its Managing Director
- 6 years 2 months ago
- Management, Banking, Financial
Finleap, the largest fintech ecosystem in Europe, supported by leading investors such as Ping An (via its "Voyageur Fund"), continues its international expansion and launches its activities in France . Nicolas Montes-Edwards will head Finleap France, based in Paris. This announcement is a logical continuation of the company's European development.
The Derivatives Service Bureau Reports Results from first 2019 Industry Consultation
- 6 years 2 months ago
- Financial
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the results from its first consultation of 2019, and the opening of its second consultation aimed to... more
BBVA Launches New Fintech Acceleration Program
- 6 years 2 months ago
- Financial
Called the BBVA Open Innovation Acceleration Program, the project is aimed at giving businesses a targeted helping hand on the road to success. Over the course of nine-months, those selected for the program will receive expert guidance and support from senior leaders at the bank on a range of topics.
Safe Commerce Specialist TruNarrative Appoints Adam Doyle as Head of Gaming
- 6 years 2 months ago
- Financial
Global financial crime protection firm TruNarrative has strengthened its gambling and commercial team with the appointment of Adam Doyle as its new head of gaming. Having previously worked for identity management specialist GBG – leading the company’s gaming team for over six years – Adam brings over nine years’ experience of identity management and fraud specialising within the gambling industry. Adam has been brought on board to grow the... more
Digital Minister Officially Opened Deloitte’s Tech Foundry in Reading
- 6 years 3 months ago
- Audit and Reporting, Financial
The Deloitte Tech Foundry has been created to allow Deloitte employees and clients to work together and share expertise on how digital transformation can accelerate innovation across business. New technologies such as 3D-printers, virtual reality devices, robotics and drones are available to test in the Play Zone, and a series of interactive learning events are available to help technology leaders share insights and make better-informed... more
Raising the Bar with Automation and Talent: The Next Step for U.S. Finance & Accounting Shared Services Centers
- 6 years 3 months ago
- Financial, Accounting
According to a survey of industry leaders, ‘Utilizing technology to perform day-to-day finance processes’ was rated as the top challengeof the year (SSON, 2019). As organizations begin to realize the value-driving potential of technology, the extent to which finance leaders prioritize this will determine whether their organization will gain or lose its competitive edge.
