MODIFI Raises US$24M in Equity to Create Global Trade Management hub for SMEs
- 2 years 7 months ago
- Trading Systems, Trade Finance, Management
Global fintech MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy's leading banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth and Picus Capital.
CloudMargin Expands Network to Include Nearly 60 Custodians, Helping Firms Meet Challenges of UMR Final Phases
- 2 years 7 months ago
- Management, Cloud
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced enhancements to facilitate clients’ preparedness for the Uncleared Margin Rules (UMR) for those firms that have just fallen under the scope of Phase 5 or will fall under the scope of Phase 6 as of next September.
Ophelos Deploys Open Banking to Transform the Collections Process for Individuals Struggling with Debt
- 2 years 7 months ago
- Open Banking, Management
Ophelos partners with Credit Kudos to utilise Open Banking to make the collections process fairer, supporting individuals with debt to achieve better long-term financial health. The partnership will enable the introduction of personalised, affordable repayment plans, creating a less stressful journey for individuals - with Ophelos already seeing 68% increase in customer satisfaction. There is an acute need for a customer-centric debt collection... more
BNP Paribas Adopts Bloomberg Core Mortgage Premium Solution
- 2 years 7 months ago
- Lending, Management, Risk Management
Bloomberg today announced that BNP Paribas has adopted the Bloomberg Agency Model (BAM) for their mortgage trading business through Bloomberg's Core Mortgage Premium (CMP) solution. These analytics are used to help support the functions of front office trading, risk management & regulatory compliance. CMP provides daily overnight analytics of Mortgage-Backed Securities (MBS) such as Specified Pools (Specs), Collateral Mortgage Obligations (... more
TORA Expands UK Presence with London Office and New Hires
- 2 years 7 months ago
- Management
TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS) and portfolio management system (PMS), has announced the significant expansion of their UK presence with a London office and new hires Peter Rank and Chris Hopton.
FourQ and Pagero Enter into Strategic Partnership
- 2 years 7 months ago
- Management, Compliance, Financial
The partnership addresses new legislation for global e-invoicing while driving intercompany operational efficiencies
Bahrain's Cashless Payments Surge to $3.62Bn in First Half of 2021
- 2 years 7 months ago
- E-Commerce, Transaction Banking, Payments
The number of POS and Ecommerce transactions in Bahrain shot up by 65% in August, year-on-year, reaching a total value of nearly $744 million during the month, after topping $3.62 billion in the first half of 2021, the Central Bank of Bahrain (CBB) revealed today.
Encompass Corporation Appoints Nicola Pickering to Lead Growth of Global Customer-Focused Teams
- 2 years 7 months ago
- Management
Encompass Corporation, the provider of intelligently automated Know Your Customer (KYC) solutions, today announces the appointment of Nicola Pickering as VP Customer Success & Delivery.
Accounting & Finance Show Asia 2021 (21-22 September 2021)
- 2 years 7 months ago
- Trade Finance, Payments, Accounting
The largest technology event in Asia for accountants and finance professionals Accounting & Finance Show Asia 2021 returns for its 4th edition, bringing together the region’s accounting and finance professionals
Worldline to Provide WhatsApp Business API Services Enhancing Customers Experience with Secure Instant Messaging with Brands
- 2 years 7 months ago
- APIs, Transaction Banking, Payments
WhatsApp Business API is now part of the set of Worldline’s messaging solutions to build and automate meaningful conversations between businesses and clients all over the world through WhatsApp, one of the most widely used messaging channels worldwide.
Franx Chooses Five Degrees' Core Banking Platform °neo to Support Global Trading Platform
- 2 years 7 months ago
- Trading Systems, Transaction Banking, Core Banking
Franx, the global trading platform initiative of ABN AMRO, migrates to °neo. Aiming at maximum convenience for their clients to support their international businesses, the core technology will be provided by Five Degrees from the Microsoft Azure cloud.
Chip Launches New Market-leading Savings Account
- 2 years 7 months ago
- Artificial Intelligence, Securities Services, Investment
The fintech is bringing a table-topping account offering the best easy-access rate on the market and FSCS protection Chip, the digital savings app, has launched a new marketing-leading saving account offering 0.70% interest, easy access, and Financial Services Compensation Scheme (FSCS) protection, placing the new account at the very top of the savings tables.
Free Spirited Aussie Angel Investor Pioneers Fintech Innovation
- 2 years 7 months ago
- Investment, Management, Payments, IT Innovations, Insurance
Phillip McGriskin has an impressive portfolio of fintech successes, including TransferWise, SuperAwesome and YOTI. His latest venture, Vitesse, was listed in the Deloitte 50 Fastest-Growing Tech Companies 2019, contracting over 60% of the London insurance market.
IQST – IQSTEL Board Approves OTCQX Application To Move Company Closer To Nasdaq Uplisting
- 2 years 7 months ago
- Management
iQSTEL, Inc. (OTCQB: IQST) today announced its Independent Board of Directors has instructed management to apply for OTCQX. The OTCQX application is part of iQSTEL’s overall strategy to uplist to Nasdaq. Management and the Independent Board of Directors view the OTCQX certification as an important exercise to further prepare the company for an uplisting to Nasdaq. While advancing iQSTEL’s oversight and transparency practices in preparation for... more
IHS Markit Partners with FinTech Studios to Deliver Curated Real-time Market Intelligence within thinkFolio
- 2 years 7 months ago
- Transaction Banking, Investment, Management
We have formed an alliance with FinTech Studios to deliver highly-relevant market intelligence, research and analytics within thinkFolio, our multi-asset investment management platform.
