Willis Towers Watson and ITFA Create first ever Basel III Compliant Trade Credit Insurance Policy
- 3 years 3 weeks ago
- Trading Systems, Infrastructure
Harmonised policy form launched at International Trade and Forfeiting Conference (ITFA) Conference in Bristol, UK After three years of effort and numerous negotiations with insurers, banks, law firms and brokage firms, ITFA has released a Basel III policy form which elevates policy wordings and enhances market efficiency based on an original policy form developed by Willis Towers Watson (NASDAQ: WTW).
Ebury Named #1 Forecaster for 3 Different Currency Pairs in latest Bloomberg FX Rankings
- 3 years 3 weeks ago
- Trading Systems, Payments, FinTech StartUps
Ebury listed as most accurate contributor for EUR against the Russian ruble, Norwegian krone and Czech koruna Named as the number two forecaster for USD against the South African rand, Chilean peso and Mexican peso Ebury, a leading global fintech company that simplifies cross-border trade and payments by offering international transactions, has been named among the top forecasters for seven different currency crosses in Bloomberg’s FX...
Babylon Secures New $200m Sustainability-Linked Investment to Fuel Rapid Growth Plan
- 3 years 3 weeks ago
- Investment, Payments
- Babylon Holdings Limited ("Babylon"), one of the world's fastest-growing digital healthcare companies, today announced that it has secured a sustainability-linked investment of up to $200 million from Albacore Capital Group ("AlbaCore"), a strategic capital investment firm.
Babylon Project 2.0: World Blockchain Hackathon in the Metaverse
- 3 years 3 weeks ago
- Blockchain
This year's month-long event runs from October 29 - November 20 The Babylon Project is a hackathon initiative committed to democratizing access to global innovation and the adoption of blockchain and distributed ledger technologies. The broadest vision of the World Blockchain Hackathon is a future ecosystem in which blockchain innovation becomes the standard backbone for impenetrably secure, fast-moving, intelligent global technologies of all...
PIF, PCP Capital Partners and RB Sports & Media acquire Newcastle United Football Club
- 3 years 3 weeks ago
- Investment
An investment group led by the Public Investment Fund (PIF), and also comprising PCP Capital Partners and RB Sports & Media (the "Investment Group"), has completed the acquisition of 100% of Newcastle United Limited and Newcastle United Football Club Limited ("Newcastle United" or the "Club") from St. James Holdings Limited. All requisite approvals have been obtained from the English Premier League and the acquisition was completed on 7...
Larry Neiman joins Macrobond as North America Business Development Director
- 3 years 3 weeks ago
- People Moves
Neiman joins from Haver Analytics to drive future growth in the US MACROBOND Financial, a leading provider of economic and financial data and analytics, announced today that it has appointed Larry Neiman as Director of Business Development, effective 1 November. Mr. Neiman, who will be based in New York, will be responsible for growing Macrobond’s business in the US and managing strategic customer relationships in the region.
As use of Alternative Payments is Skyrocketing, Banks must Urgently Embrace the next Generation of Payments to Stay in the Race: Capgemini’s World Payments Report 2021
- 3 years 3 weeks ago
- Payments
The report found that by 2025, instant payments and e-money payments will account for more than 25% of global non-cash transactions, up from 14.5% in 2020.
Getsafe secures another $63 million in funds, extending its Series B to $93 million.
- 3 years 3 weeks ago
- Fundraising News
Getsafe, the digital insurer targeting millennial buyers in Germany and the UK, has expanded its Series B funding round to $93M. The company is now serving a quarter of a million customers in Germany and the UK, consolidating its position as Europe’s largest neo-insurer.
Privacy Risks in IRS Banking Transaction Reporting Avoidable: Industry Experts
- 3 years 3 weeks ago
- Banking
The IRS can avoid the risk of misuse and loss of private data by using analytics software. FlowTracker Analytics today announced an alternative to reporting banking transactions to the IRS that cuts down privacy risks while providing more relevant information to support the Treasury's tax compliance goals - money flow analysis.
TableYeti and TiPJAR Launch World's First Card Machine that Separates Tips from Transactions
- 3 years 3 weeks ago
- Payments
TiPJAR®, the UK’s leading HMRC-cleared cashless tipping platform have announced their second pioneering partnership with TableYeti™, provider of payment devices that deliver a radically better contactless payment experience for hospitality businesses, to launch the world’s first payment terminal that enables card tips to be separated from a transaction transparently.
CoinCorner Acquires Coinfloor to Further British Bitcoin Adoption
- 3 years 3 weeks ago
- Bitcoins
Coinfloor customers will be smoothly migrated to CoinCorner’s platform Two of the leading UK-focused Bitcoin exchanges, CoinCorner and Coinfloor, have agreed to migrate Coinfloor’s customers to the CoinCorner platform to help further British Bitcoin adoption.
Open Banking Expo joins forces with Open Vector to support growth of Open Banking and Open Finance in Latin America
- 3 years 3 weeks ago
- Open Banking
Open Banking Expo, the largest global community of Open Banking and Open Finance executives driving one of the biggest digital transformations across the financial services sector, has partnered with open banking advisory company Open Vector to support the growth of the open banking ecosystem in Latin America. The partners will launch community meet-ups to bring together financial institutions, regulators and industry leaders to accelerate the...
UOB and ADDX Collaborate On Sustainability-Linked Digital Bond
- 3 years 3 weeks ago
- Banking
Digitisation of S$50-million bond allocation uses blockchain and smart contract technology to achieve faster processing and lower cost in the custody and administration of the bond UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). This initiative comes amid a rise in the use of digital securities to enhance...
UK high-street Banks are no Longer Trusted by Nearly Half of their Customers
- 3 years 3 weeks ago
- Banking
Banks make their money using “hidden” charges, say many of those surveyed Concern over the safety of savings is widespread, with many now limiting what they put into traditional banks Some - particularly young people - are so concerned they prefer to keep cash at home People feel banks do not put customers first, and many are now seeking alternative ways to save and spend
Chip’s Biggest ever Growth Round goes Public to the Crowd
- 3 years 3 weeks ago
- Investment
The fintech kicks off the crowd portion of the round with £1 million raised in under 10 minutes The Growth Round follows on from Chip’s biggest year to date The funding will be used to fuel growth as the company aims to build the best savings account in the world
