3S Money Launches Trade Finance Fund to Supercharge SME Global Trading
- 3 years 8 months ago
- Trade Finance, e-Payments, Banking
· Fund set to lend at least £100m to SMEs over the next three years · 3S Money on a mission to help small businesses from a wide variety of jurisdictions go global · Financing provided by Dutch fund, FGR 3S Global Trade Finance Fund, which is managed by 3S Money’s Dutch subsidiary, 3S Capital Partners B.V.
Neo Clears $3 Billion Through Its Multi-currency Accounts as Treasurers Seek Alternative to High Bank Fees
- 3 years 8 months ago
- Management, Treasury, Payments
Neo, the treasury management, payments and FX fintech, has cleared $3 billion through its multi-currency accounts, saving clients an estimated $15 million in banking fees, as appetite grows for an alternative to the traditional corporate banking model. The provider launched its multi-currency account offering for corporate treasurers in June 2020 and has seen volumes more than double in the last six months.
Market Maker vs. Liquidity Provider: What is the Difference?
- 3 years 8 months ago
- Trading Systems, Transaction Banking
Description: Market Makers and Liquidity Providers are the most common business models used by forex brokerage firms to operate. The next sections look at how each model works, as well as the benefits and drawbacks of each one.
Qumulo Simplifies Kubernetes Workflows on Unstructured Data with New Container Storage Interface
- 3 years 8 months ago
- Management, Data
New CSI Driver enables communication between Qumulo storage and Kubernetes clusters
Robinhood Overhauls Debit Card in Pursuit of Younger Users, Shifting Payment Preferences
- 3 years 8 months ago
- Cash management, Credit Cards
The digital broker launched the Robinhood Cash Card, a new debit product that replaced the Cash Management debit card it launched in 2019. The card, which is linked to a separate account from users’ brokerage accounts, has a few standout features, per The Verge:
Citi and Etihad form Global Partnership for Treasury Transformation
- 3 years 8 months ago
- Cash management, Banking
Etihad Airways, the national airline of the United Arab Emirates, selected Citi as its international cash management bank partner Citi has renewed its cash management mandate with Etihad, further assisting the airline with a major Treasury transformation journey, helping to move its automation, digitalization and overall efficiency to the next level.
Jeeves Raises $180 Million Series C at $2.1 Billion Valuation Within One Year of Public Launch
- 3 years 8 months ago
- Management
THE OVERSUBSCRIBED ROUND WILL BE USED TO FUEL THE FINTECH STARTUPS’ GLOBAL EXPANSION AS IT CROSSES $1B IN ANNUALISED GTV Pay for anything, anywhere, in your local currency. Jeeves, the all-in-one corporate card and expense management platform for global startups, announced today that it has raised a $180 million Series C at a valuation of $2.1 billion. The Series C round, which closed in March 2022, comes just seven months after the company’s... more
Societe Generale Extends Its Partnership With Surecomp to Accelerate Digital Trade Transformation
- 3 years 8 months ago
- Trade Finance, Banking
Surecomp®, a market leader in global trade finance solutions for banks and corporations, today announced that Societe Generale has gone live with the latest version of its IMEX™ solution for back-office trade finance processing automation across four countries in Asia. IMEX™ consists of an online, real-time processing and decision support system that handles the full range of trade fi
Livestock Data Management Platform Breedr Raises £12 Million to Build Better Trading and Cash-flow Products for Farmers
- 3 years 8 months ago
- Management, Data
Breedr is a data platform and app for farmers to capture data much more easily to improve their livestock productivity, sustainability and efficiency Now Breedr is putting the analytics it has on livestock to use by launching Breedr Impact, a data-driven financial product for livestock farmers New £12m funding round will be used to develop the product and enable farmers to leverage the asset classes on their farms to make smarter... more
Smartstream Helps Clients With ESMA’s Demands for Increased Data Checks
- 3 years 8 months ago
- Transaction Banking, Management
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a new regulatory solution, Trading Venue Quantitative Reporting Outlier Reconciliation - helping firms to further meet MiFID II obligations, including assisting trading venues (non-OTC) to fulfil MiFID II RTS 2 transparency requirements.
Intellect Global Transaction Banking’s (iGTB) Virtual Accounts 2022 set to revolutionize Digital Banking at a major private Qatari bank
- 3 years 8 months ago
- Digital banking, Transaction Banking, Banking
iGTB’s fully integrated, front-to-back, contextual Virtual Accounts to enhance corporate and SME user experience, to bring operational efficiency and to generate new revenue streams for the bank in line with Qatar National Vision 2030
SmartStream Helps Clients with ESMA’s Demands for Increased Data Checks
- 3 years 8 months ago
- Management, Data
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces a new regulatory solution, Trading Venue Quantitative Reporting Outlier Reconciliation - helping firms to further meet MiFID II obligations, including assisting trading venues (non-OTC) to fulfil MiFID II RTS 2 transparency requirements.
Rubix Data Sciences Appointed Validation Agent for Legal Entity Identifier in India
- 3 years 8 months ago
- Management
Rubix Data Sciences (Rubix), a technology and analytics-based B2B risk management and monitoring platform, has been appointed as a Validation Agent of the Legal Entity Identifier India Ltd. (LEIL) in India.
Payhawk Partners With Curve to Launch “Fintechs and Big Banks: How Innovation Is Shaping Finance for Businesses and Consumers”
- 3 years 8 months ago
- Management, Payments
A guide to how Fintechs can work with the existing financial system, and how disruptive startups can partner with Banks
Spanish Neobank Rebellion Pay Strengthens AML Compliance with Sentinels
- 3 years 8 months ago
- Digital banking, Transaction Banking, AML and KYC, Risk Management
Sentinels signs first digital bank and expands client footprint into Southern Europe Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, has been selected by Rebellion Pay to enhance and streamline the leading Spanish neobank’s anti-money laundering (AML) compliance monitoring and risk profiling functions.
