PureFacts Announces Acquisition of Xtiva Financial Systems, Becoming the Most Complete Revenue Management Solution for the Wealth Management Industry
- 3 years 3 months ago
- Wealth Management
PureFacts Financial Solutions, a leader in revenue management, enterprise reporting, and insights solutions for the asset and wealth management sector, announced today that is has acquired Xtiva Financial Systems, Inc. (Xtiva), the global leader in sales performance and incentive compensation management software for the wealth management industry.
Swift Board Names New Chair and Deputy Chair, Completing Leadership Transition
- 3 years 3 months ago
- People Moves
The Swift Board of Directors today announced new leadership, with the election of J.P. Morgan’s Graeme Munro as non-Executive Chair and Samantha Emery of Lloyds Banking Group as non-Executive Deputy Chair at its regular meeting this week. Munro is a Swift Board director nominated by the U.S. Swift community, and Emery a Board director nominated by the U.K. Swift community.
Big Banks Continue to Hide Fees on Cross-border Payments, New Research Shows
- 3 years 3 months ago
- Payments
Knowing exactly how much a cross-border payment costs is a right protected by law in the UK and the EU. However, research carried out by Wise, the global technology company building the best way to move money, shows that financial providers continue to make it difficult to find or hide fees in inflated exchange rates.
Gabriel de Montessus Joins Fintech SaaS Platform Toqio as Chairman of the Board
- 3 years 3 months ago
- SaaS
Fintech SaaS provider Toqio has announced a new Chairman for its board of directors. Gabriel de Montessus, Group President of Worldpay Global Enterprise, will be leading the board to ensure Toqio stays on track in its mission to become the platform of choice for building fintech solutions.
Scottish National Investment Bank Backs New Carbon Emission Monitoring Technology
- 3 years 3 months ago
- Digital banking
The Scottish National Investment Bank has expanded its portfolio, investing £5 million into real-estate data analytics platform, Utopi. The investment will create 50 new jobs at the Glasgow-based company, which specialises in energy consumption monitoring technology and will use The Bank’s support to scale up to target new global markets.
Capital.com Appoints Simone Manni as Head of Marketing for Europe
- 3 years 3 months ago
- People Moves
Capital.com, the high-growth global FinTech operating in the leveraged trading industry, has today announced the appointment of Simone Manni as Head of Marketing, Europe. Based in Milan, Simone will oversee Capital.com’s growth in Europe, focusing primarily on Italy and Germany.
BharatPe Group Partners with Women Entrepreneurship Platform to Foster Women Entrepreneurship in India
- 3 years 3 months ago
- Payments
BharatPe Group, one of India’s leading names in fintech industry, today announced its partnership with Women Entrepreneurship Platform (WEP) with the objective of enabling women entrepreneurs across India in their journeys of self-reliance and business growth. The partnership aims to build a robust ecosystem that brings together women entrepreneurs from different parts of India and equips them with the required domain knowledge as well as the...
SEA FinTech Has Only a 3.1% Penetration of AI & ML
- 3 years 3 months ago
- Artificial Intelligence
In 2022, the share of FinTech companies in the SEA region officially using AI and ML technologies in their stack reached 3.09% (807 out of 26,105 companies), steadily increasing from 2.88% in 2020 and from 3.03% in 2021.
Mama Money Introduces Daily Automated Cash Balance Controls with Duco’s Cash Module
- 3 years 3 months ago
- Data
Duco, a leading data automation company, today announced that Mama Money, a rapidly growing fintech that offers cross-border money transfers and banking services, have expanded their use of Duco’s no-code solution to add automated daily cash balance controls.
Northern Trust Enhances Digital Workflow Experience for Private Capital Fund Managers
- 3 years 3 months ago
- Fund Management
Northern Trust is enhancing the net asset value (NAV) workflow communications between private capital fund managers and Northern Trust through a collaboration with Appian, a leading provider of low-code process automation solutions. The solution is aimed at supporting private capital fund managers with a secure digital experience offering enhanced efficiency, oversight and data security across the NAV production lifecycle.
Finverity Raises $5M Equity Funding as Revenues Grow 15x
- 3 years 3 months ago
- Fundraising News
Finverity, the digital ecosystem for trade and supply chain finance, today announces it has raised US$5 million in a heavily oversubscribed equity funding round from new and current investors.
Lyfeguard Appoints FinTech and Banking Veteran Ronel David to Advisory Board
- 3 years 3 months ago
- People Moves
Lyfeguard, a life planning assistant and document management platform, has appointed Ronel David, Strategic Sales and DE&I Leader at FIS, to its advisory board to accelerate financial management, go to market and growth strategy. Ronel’s leads transformational business projects for some of Europe’s largest insures at FIS, a global market-leading provider of technology solutions for global merchants, banks and capital markets firm.
Majority of Households Have Changed Their Budgets Amid Rising Economic Uncertainty, According to New Marqeta Global Consumer Pulse Report
- 3 years 3 months ago
- Personal Finance
Marqeta, the global modern card issuing platform, released its first Consumer Pulse Report today. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, conducted on its behalf by Propeller Research, the report details the effects that dynamic economic circumstances and emerging financial technology are having on consumer behaviour.
Cashflows Launches AI-powered Fast Onboarding to Streamline Merchant Onboarding
- 3 years 3 months ago
- Artificial Intelligence
Cashflows, the platform that makes it easy for merchants to accept payments, today launches Fast Onboarding. The new service reduces the time it takes for a merchant to be onboarded, whether directly or via a partner, making the process as easy and streamlined as possible without cutting corners on regulatory compliance or compromising on KYC and AML.
Freedom Finance Appoints Nick Jones as Director of Freedom for Intermediaries
- 3 years 3 months ago
- People Moves
Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, has appointed Nick Jones as Director of Freedom for Intermediaries. In his new role, Nick will lead the growth and development of Freedom Finance’s intermediated division through its Freedom for Intermediaries offering, a service dedicated to intermediaries who are looking to support their clients with specialist lending requirements.
