AlHuda CIBE is Organizing a Practical Learning Drive for Takaful Industry
- 3 years 6 months ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics, a leading name in Islamic finance industry for institutional set-up, capacity building, and global networking is going to organize an exposure visit for Takaful industry in the hub of Islamic finance industry Malaysia.
Wolters Kluwer “Pain Index” Highlights Significant Risk and Regulatory Concerns
- 3 years 6 months ago
- Risk Management
The 10th annual Regulatory & Risk Management Indicator survey, complied by Wolters Kluwer Compliance Solutions, has revealed regulatory change management as a key challenge for US banks. These lenders are urged to implement suitable financial technology-enabled regulatory change programs to help alleviate the impact of such pressures, according to Wolters Kluwer.
Rabobank Completes Landmark Blockchain Pilot to Provide Borrowers and Asset Managers with Real-time Liquidity
- 3 years 6 months ago
- Asset Management
Rabobank has completed its largest-ever blockchain pilot, executing 19 real-time Euro Commercial Paper transactions using the technology. The transactions, which are the first of their kind, involved financial institutions and regulators from across Europe and underlined how blockchain technology can be used to enhance borrowers and asset managers’ liquidity, as global investors contend with liquidity crunches and money market turbulence.
Temenos and NdcTech Sign Partnership to Expand Market Reach in Bahrain, Kuwait, Oman, Pakistan, Qatar, Saudi Arabia, and UAE
- 3 years 6 months ago
- Open Banking
Temenos today announced that it has signed an agreement to grant license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners, to develop further and market the Temenos Country Model Banks on top of Temenos open platform for financial institutions in these seven Middle Eastern countries.
ING Announces Changes to Management Board Banking
- 3 years 6 months ago
- People Moves
ING today announced some changes to the Management Board Banking. In line with our strategic priorities and in order to further simplify our management structure, we will combine the roles of head of Retail Banking, Challengers & Growth Markets and Market Leaders. Pinar Abay, currently head of Market Leaders, will be appointed to the role effective 15 May 2023 (subject to regulatory approval).
Opensee Raises EUR11 Million in Series A to Democratise Real-Time Data Analytics for Financial Institutions
- 3 years 6 months ago
- Fundraising News
Opensee, the leading platform allowing business users at financial institutions to analyse the most granular data in real-time, has raised 11 million euros in a Series A funding round led by Omnes Capital, with the participation of Laurion Capital and Societe Generale Ventures.
Bpifrance Selects Thought Machine to Deliver the Next-generation of Finance to SMEs in France
- 3 years 6 months ago
- Banking
Thought Machine, the cloud-native banking technology company, today announces that Bpifrance, the French public investment bank, is using Thought Machine’s cloud-native core banking platform, Vault Core.
Berlin-based Family Fintech Bling Secures €3.5 Million Seed Financing
- 3 years 6 months ago
- Fundraising News
Bling Europe, a pocket money card and financial education app for children has secured €3.5 million in seed funding just six months after launch. Bling founder Nils Feigenwinter says the firm has issued more than 10,000 Bling cards to children since its launch in the summer. Bling developed the initial product with support from SocGen-owned BaaS player Treezor.
CoreChain Partners with Odoo to Embed B2B Payments and Financing for Small and Midsize Businesses
- 3 years 6 months ago
- Payments
CoreChain Technologies, the first B2B payments network built on blockchain, today announced that it has partnered with Odoo, a leader in open-source all-in-one business software, to provide embedded B2B payments and financing for Odoo’s ecosystem of eight million users.
Consistent Approach to Vulnerability Data Needed as Regulators Flex Muscles
- 3 years 6 months ago
- Data
The FCA is beginning to “flex its muscles” with notices issued to firms needing more data on vulnerability - a Consumer Duty expert has warned. The regulator has started to use its Section 165 powers to issue notices to firms, requesting more data to meet the vulnerability monitoring requirements of Consumer Duty.
Leading Fintech Research Firm WhiteSight Partners Open Finance Champions Open Future World
- 3 years 6 months ago
- Alternative Finance
With a shared ethos of creating value for open finance innovators, two leading knowledge providers, WhiteSight and Open Future World are delighted to announce their strategic partnership.
THORChain Integrates with Trust Wallet to Accelerate Adoption of Crypto Self-Custody
- 3 years 6 months ago
- Blockchain
THORChain, a non-custodial decentralized native asset protocol that enables wallets, decentralized exchanges (DEXs), and users to seamlessly transfer their digital assets across blockchains, has completed its integration with Trust Wallet, a leading self-custodial and multi-chain wallet provider.
Connect Financial Announces Crypto-Backed Credit Cards
- 3 years 6 months ago
- Credit Cards
Connect Financial - a cryptocurrency financial Fintech platform, announces their crypto-backed credit cards are coming to the market.
SunTec Strengthens Senior Management Team
- 3 years 6 months ago
- People Moves
SunTec Business Solutions, the world’s #1 relationship-based pricing and billing company, has announced the appointment of Madhav Dabke as Vice President Banking Industry and Amit Bhat as Vice President Engineering & Technology.
Medius Achieves ‘Built for NetSuite’ Status
- 3 years 6 months ago
- e-Invoicing
Medius, a leading provider of AP Automation and spend management solutions, today announced that its Medius Procurement SuiteApp has achieved the ‘Built for NetSuite’ status.
