Medius Continues to Build Payments Capability as Integration with OnPay Solutions is Fully Operationalized
- 3 years 6 months ago
- Payments
Medius, a leading provider of AP Automation and wider spend management solutions, today announces the full integration of OnPay Solutions into the Medius platform, providing an end-to-end payments offering for customers in North America.
Tuum Appoints UK Sales Director and Opens London Office to Support Strong Market Growth
- 3 years 7 months ago
- Banking
Tuum, the next-generation core banking platform, has today announced the appointment of Giorgio Daher as UK Sales Director. The appointment is part of the company’s wider strategy to support strong demand for Tuum’s technology in the UK , including the opening of a new office in London.
Investment Management Firm 7IM Selects RiskLogix for Integrated Risk Management Software Solution
- 3 years 7 months ago
- Investment Management
RiskLogix Solutions, an award-winning solution provider for governance, risk and compliance (GRC) software today announces that 7IM, a leading asset management company with over £19 billion of assets under management, has selected the RiskLogix GRC software solution, aCCelerate GRC +, for its integrated risk management program.
Plum Stats: Millennial Investors Opt for US and Health as Recession Looms
- 3 years 7 months ago
- Data
Millennial investors opted for US and Health stocks in Q3 as they brace their finances for a winter recession, according to new data from smart money app Plum. The three months to September 2022 saw a notable increase in the allocation of funds to American Dream, which tracks US firms from the S&P 500. American Dream took 15.49% of investment in September 2022, up from 11.94% in July.
Survey: 39% of Organizations Reach Poor or Deficient Level in Cybersecurity
- 3 years 7 months ago
- Cybersecurity
A new survey from cybersecurity company Nixu reveals significant security concerns among Northern European organizations. 39% of respondents assess themselves as having poor or deficient cybersecurity maturity. The survey also reveals that supply chain security is increasing its importance as a key issue, the focus on risk management is surprisingly low, and deep expertise is the service providers’ most valued quality. Additionally,...
Vantage Introduces Social Trading to Make Trading More Interactive
- 3 years 7 months ago
- Trading Systems
Vantage (or “Vantage Markets”), the multi-asset broker, has launched social trading on the
Western Asset Selects T-Scape’s Global Corporate Actions Processing Application, iActs, as Its Strategic Application of Choice
- 3 years 7 months ago
- Asset Management
T-Scape, a leading digital technology services company, announced today that Western Asset, one of the world’s leading active fixed-income investment managers, has renewed its agreement with the company, specifically for its corporate action application, iActs, with the signing of a new multi-year contract.
Centralis Group Launches Alternative Investment Fund Anti-Money Laundering Risk Management Services
- 3 years 7 months ago
- Risk Management
Centralis Group today announced the further expansion of its Governance, Risk and Compliance service line and Cayman Islands business operations with the appointment of offshore anti-money laundering (AML) specialist Gary McLean. Gary will lead a new independent anti-money laundering risk management team that will focus on the provision of specialised AML services to alternative investment funds domiciled in all major jurisdictions.
Temenos Expands Agreement with Mbanq to Accelerate Banking-as-a-Service in the US
- 3 years 7 months ago
- Open Banking
Temenos today announced that Mbanq, one of US’s leading Banking-as-a-Service (BaaS) providers, has expanded its relationship with Temenos to accelerate BaaS adoption in the US. The agreement deepens the companies’ collaboration after last year’s launch of a joint Credit Union as-a-Service offering (link).
Hodge Bank Selects LexisNexis Risk Solutions for End-to-end Customer Onboarding and Ongoing Monitoring
- 3 years 7 months ago
- AML and KYC
Data and analytics firm, LexisNexis® Risk Solutions, has been selected to provide Hodge with a full end-to-end solution for customer onboarding and ongoing monitoring, incorporating AML screening, transaction monitoring and case management, all within a single platform.
Southeast Asia Increase of Senior FinTech Users Due to the Population Ageing
- 3 years 7 months ago
- FinTech StartUps
As of October 2022, in the SEA region, there were about 426.5 million users of five fintech industries (alternative lending, digital investment, digital assets, digital banking, and digital payments). This is approximately 63% of the total population of Southeast Asia. By 2050, this figure will rise to 76%.
78% of SMBs Don’t Know How To Switch Payments Provider Despite 52% Wanting To
- 3 years 7 months ago
- Payments
Cashflows, the platform that makes it easy for merchants to accept payments, today announces that, despite more than half (52%) SMBs indicating that they would be open to switching payment providers, 78% do not know how to do so.
UK Venture Capital Fund Performance Holds Up Despite Adverse Economic Headwinds, Finds Latest Research by the British Business Bank
- 3 years 7 months ago
- Banking
According to the British Business Bank’s latest report, UK Venture Capital Financial Returns 2022, UK VC funds with a 2008 to 2013 vintage have generated a pooled Total Value to Paid In Capital (TVPI) multiple of 2.20, which is 0.11 points higher than last year, demonstrating that UK VC fund valuations have so far been resilient to the adverse headwinds affecting global financial markets. Deterioration in exit opportunities and fundraising...
Hamburg Commercial Bank Goes Live on nCino
- 3 years 7 months ago
- Banking
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is now live on the
Buckzy Raises USD$14.5 Million in Series A Financing
- 3 years 7 months ago
- Fundraising News
Buckzy Payments, Inc., a leading real-time cross-border payments company, today announced it has secured USD$14.5 million in Series A financing. Buckzy will use the funds to enter new geographies and support the expansion of its product offerings.
