Actis backs KV Srinivasan to build specialist SME lender Profectus Capital
- 7 years 10 months ago
- Infrastructure
Actis, a leading global growth markets investor, today announced that it is building an Indian Non-Banking Financial Company focused on secured lending to Small and Medium Enterprises (“SMEs”) with a plan to fund the platform with up to US$220m of equity capital over a 5-year period. India has a deep culture of small family businesses with over 30 million SMEs and the sector is experiencing secular growth in demand for credit. Profectus Capital... more
Compass Plus announces new partnership with Payhuddle Solutions in Asia Pacific
- 7 years 10 months ago
- Infrastructure
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions,has announced that it has appointed Payhuddle Solutions, a payments consulting organisation, as the authorised distributor of its software products in India, Sri Lanka and Myanmar. As part of the new strategic partnership, Payhuddle will be responsible for marketing, delivery and support of Compass Plus solutions in... more
IHS Markit Connects Asigna to MarkitSERV Network for Clearing Mexican Peso Swaps
- 7 years 10 months ago
- Infrastructure
IHS Markit, a world leader in critical information, analytics and solutions, today announced that MarkitSERV has expanded its global network of derivatives clearinghouses by connecting to Asigna, the clearinghouse for Mexican listed and standardized derivatives. With the new connection, MarkitSERV provides standardized workflow and connectivity for matching, confirming and clearing Mexican peso TIIE 28 swaps. Asigna, Compensación y Liquidación... more
ITRS Group Acquires Pioneering Capacity Planning and Management Firm Sumerian
- 7 years 11 months ago
- Data, Infrastructure
Deal complements ITRS’ existing real-time monitoring and investigation technology, meeting customer demand to prevent outages and reduce costs ITRS Group, the leading provider of real-time monitoring and IT operations analytics, has announced it has acquired capacity management firm, Sumerian. The move comes after a successful nine-month partnership with Sumerian and the development of ITRS Insights Capacity Planner.
Abu Dhabi Global Market and KPMG start fintech innovation challenge
- 7 years 11 months ago
- IT Innovations, Infrastructure
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and KPMG Lower Gulf Limited “KPMG LG” are pleased to launch the second edition of FinTech Abu Dhabi Innovation Challenge (the Challenge) and push ahead with efforts to drive innovation in the financial services industry.
Fujitsu's main focus at 2018 Fujitsu Innovation Gathering is on Social Innovation
- 7 years 11 months ago
- Infrastructure
Latest AI technology advances from global Fujitsu Laboratories’ resources on show for the first time in Europe. One-day “Fujitsu Innovation Gathering” event takes place alongside the Swedish stop of the Fujitsu World Tour, one of the world’s largest annual road shows with over 20 stops across 6 continents ‘Social Innovation’ theme highlights project examples and collaborations that are solving real-world social problems, including Finnish... more
IFINSEC Financial Sector IT Security Conference and Exhibition
- 7 years 11 months ago
- Infrastructure
IFINSEC Financial Sector IT Security Conference and Exhibition (www.ifinsec.com) will be held on 13-14 November 2018 in Istanbul, Turkey. IFINSEC is a global and niche conference with its focus on IT Security technologies and solutions for the financial sector. IFINSEC is one of the most important conferences in EMEA region in its category.
Elemica Reports Double Digit Network Growth and Announces New Product Innovations in First Quarter 2018
- 7 years 11 months ago
- Infrastructure
Elemica, the leading Digital Supply Network for process manufacturing industries, announces the company's first-quarter results of 2018 highlighting substantial network growth and new product innovations.
Industry Pioneers will Define How FinTech is Accelerating Digital Transformation of Banking at Finnovation South Africa 2018
- 7 years 11 months ago
- Infrastructure
The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or leapfrog established business models to make financial services more affordable, accessible and profitable across the continent.
Finda Systems to Pilot Facial Recognition Tech Under MAS PoC Scheme
- 7 years 11 months ago
- Infrastructure
Finda System (Asia) Pte Ltd (Finda), a fintech company offering Know-Your-Customer (KYC) solutions to the banking sector, today announced receiving grant from Monetary Authority of Singapore (MAS) through the central bank’s FSTI (Financial Sector Technology and Innovation) Proof of Concept (POC) Scheme.
Iliad Unveils Certification Platform for Fast Onboarding
- 7 years 11 months ago
- Infrastructure
Iliad has launched an upgraded version of its certification platform to simplify and speed the certification and on-boarding requirements of card schemes, clearing houses, PSP’s and banks.
Three-quarters of financial services CIOs say the need for rapid innovation puts customer experience at risk
- 7 years 11 months ago
- Infrastructure
Software intelligence company, Dynatrace, today announced the findings of an independent global survey of 249 CIOs in the financial services sector, which reveals that 77% of financial services organizations say the need for speed in digital innovation is putting customer experience at risk. The study found that on average, financial services organizations release new software updates twice per working hour, as they push to keep up with... more
ITRS Group Partners with MapR for New Gateway Hub in Geneos
- 7 years 11 months ago
- Data, Infrastructure
ITRS Group, the leading provider of real-time monitoring and IT operations analytics to financial services firms, has announced a partnership with MapR, a pioneer in delivering the industry's leading data platform for AI and analytics, both on site and across the cloud. The collaboration will see MapR software integrated with ITRS Geneos.
Capitolis Starts Groundbreaking Novation Service in Foreign Exchange Field
- 7 years 11 months ago
- Risk Management, Infrastructure
Partnership with leading institutions including Citi, HSBC, BlueCrest and Brevan Howard Capitolis, the pioneering technology provider for the capital markets, announced today that it has launched a groundbreaking novation service in foreign exchange (FX). Citi, HSBC, BlueCrest and Brevan Howard, among many other market participants, have collaborated with Capitolis on this service, which is the first of its kind in FX.
