UK and Singapore Regulators Build FinTech Bridge
- 9 years 2 months ago
- FinTech StartUps, IT Innovations
Singaporean officials and FinTech companies gathered with UK FinTech companies in Downing Street today to celebrate the launch of the UK’s first ever FinTech Bridge, which included the signing of a Regulatory Cooperation Agreement between the Financial Conduct Authority (FCA) and the Monetary Authority of Singapore (MAS). The agreement will enable the regulators to refer FinTech firms to their counterparts across the globe. It also sets out how... more
Mendix to Unveil its vision for Driving Digital Innovation at Mendix World 2016
- 9 years 2 months ago
- IT Innovations
Mendix, a leading application Platform-as-a-Service (aPaaS) provider, announced it will unveil its vision for driving digital innovation at Mendix World 2016, June 7-8 in Rotterdam, The Netherlands. The future of business applications, Smart Apps enable digital enterprises to put their connected things, devices and algorithms to work. Mendix’s Smart Apps vision and Digital Innovation Platform to support their rapid delivery will be covered... more
Fetch Robotics Teams up with SAP to Launch Virtual Conveyor Solution
- 9 years 2 months ago
- IT Innovations, Infrastructure
Fetch Robotics partners with SAP that incorporates SAP Extended Warehouse Management (SAP EWM) application with the Fetch and Freight robots from Fetch Robotics. Fetch Robotics builds robot systems for the logistics industry. Unveiled in May 2015, the Fetch Robotics system is comprised of an autonomous mobile platform (called Freight) and an advanced mobile manipulator (called Fetch). Fetch and Freight use a charging dock for continuous... more
Airfi and Teleena to Develop New Solutions for IoT Sector
- 9 years 2 months ago
- IT Innovations, Infrastructure
Teleena, a global IoT and MVNO enabler, announced a strategic partnership with Airfi, a global connectivity service provider to the IoT sector. The new strategic partnership will enable a diverse range of IoT solutions for its customers by simplifying both the technical and commercial aspects of deploying cellular connected products across a seamless global footprint of 206 countries and over 460 mobile networks.
Codit Group Expands Integration & IoT Consultancy Services in Europe
- 9 years 2 months ago
- Cloud, IT Innovations, Consultancy, Infrastructure
Codit Group, a joint venture between Belgian Codit and Dutch Axon Olympus, is opening Codit United Kingdom. This marks Codit Group's next step towards expanding its international presence outside its established markets of Belgium, the Netherlands, France and Portugal, and its recent opening of Codit Switzerland mid-April. The new local office in the United Kingdom will be led by Tim Lewis.
Fiserv Reveals Results of First Quarter 2016
- 9 years 2 months ago
- IT Innovations, Infrastructure
Fiserv reported financial results for the first quarter of 2016. GAAP earnings per share in the first quarter was $1.27 compared with $0.73 in the first quarter of 2015. The first quarter 2016 GAAP earnings per share included a net investment gain of $0.39 per share driven by a sale of a business interest at StoneRiver Group, L.P. (“StoneRiver”), a joint venture in which the company owns a 49% interest. Adjusted earnings per share increased 19... more
Evolution or Revolution? The Impact of Fintech on Working Capital
- 9 years 2 months ago
- IT Innovations, Infrastructure
Working capital, the lifeblood of businesses, is being transformed by financial technology. At a recent roundtable, C2FO brought together a panel of experts from diverse areas to talk about innovations in fintech, with a specific focus on working capital. Whether the impact of fintech on working capital is an evolution or a revolution – panellists differed on this point – there was wide agreement that there is a powerful change underway.
Lloyds Commercial Finance Implements 3i Infotech Kastle™
- 9 years 2 months ago
- Financial, Infrastructure
Lloyds Commercial Finance (LCF), a leading provider of Invoice Finance, Asset Finance and Asset Based Lending in the United Kingdom, has implemented 3i Infotech‘s Kastle™ Onboarding Solution, a rich workflow-based Credit Approval application to streamline and automate its business processes in the Commercial & Industrial market segment.
Emerging Payments Association Finds Boom in UK PayTech
- 9 years 2 months ago
- Payments, IT Innovations, Infrastructure
The UK’s payment technology, or PayTech, sector is booming and closing the gap on the US, its closest rival, according to research from the Emerging Payments Association (EPA), sponsored by The Bancorp and conducted by Accourt. But the report also raises concerns about the UK PayTech sector’s attractiveness to acquirers.
Visa Invites Start-ups to Compete in The Everywhere Initiative
- 9 years 2 months ago
- FinTech StartUps, IT Innovations
Visa invited start-ups to compete in the company’s second annual The Everywhere Initiative. In partnership with start-up ecosystem company, KITE, Visa is posing three real-life business challenges to the start-up community to create innovative solutions that solve Visa business problems and drive the future of commerce. The selected winner of each challenge will receive $50,000 to be used towards the real-world production of their solution and... more
Weekly Fintech Review April 25 - 29
- 9 years 3 months ago
- IT Innovations
The week starting April 25 through April 29 was full of interesting product releases in the sphere of blockchain and trading systems. The most significant events include Misys’ Cloud solutions as well as Nasdaq Validator launching for trading quality assurance. Financial IT summarized the top deals in fintech industry for this week below: PRODUCT RELEASES OF THE WEEK
Visa's First Innovation Center in Asia was Launched
- 9 years 3 months ago
- IT Innovations
Visa unveils the opening of its Singapore innovation center, the first in a network of new regional innovation centers that Visa is launching globally. The new 7,000 square foot Singapore facility will serve as a destination for clients, partners and developers, across the region, to work alongside Visa experts and jointly create the next generation of payment and commerce applications.
Azul Systems and Pontus Networks Release Zing Based Edition of PontusVision Thread Manager
- 9 years 3 months ago
- IT Innovations, Infrastructure
Azul Systems the award-winning leader in Java runtime solutions, and Pontus Networks, a specialist in improving the performance of software in financial institutions, have launched an Azul Zing®-based edition of PontusVision Thread Manager (PVTM), Pontus’s flagship product which reduces capital and operational IT infrastructure expenditures by improving the wa
Forbes Names EPAM as One of the Fastest Growing Public Tech Companies
- 9 years 3 months ago
- IT Innovations, Infrastructure
EPAM Systems has been ranked on the Forbes' list of Fastest Growing Public Tech Companies. EPAM's ability to offer the best end-to-end digital transformation solutions to its clients has attributed to its steady growth. Industry analysts have also recognized the company as the leader in digital platform engineering services.
Misys Reveals Misys FinCloud
Misys today announced it is launching Misys FinCloud, a new range of Cloud solutions and global Cloud environment offering Misys clients the highest standards of security, performance and operating excellence in Cloud operations in the financial services industry.
