FTX Crisis Sank Large Tokens
- 3 years 8 months ago
- Blockchain
On November 11, 2022, prominent cryptocurrency exchange FTX and its U.S. counterpart FTX.US filed for Chapter 11 bankruptcy. Former founder and CEO Sam Bankman-Fried was arrested in the Bahamas on Dec. 12 and extradited to the U.S. to face eight criminal accusations, including wire fraud and conspiracy to deceive investors.
FTX Crisis Sank Large Tokens
- 3 years 8 months ago
- Blockchain
On November 11, 2022, prominent cryptocurrency exchange FTX and its U.S. counterpart FTX.US filed for Chapter 11 bankruptcy. Former founder and CEO Sam Bankman-Fried was arrested in the Bahamas on Dec. 12 and extradited to the U.S. to face eight criminal accusations, including wire fraud and conspiracy to deceive investors.
Facctum Launches Open API for its Facctview Platform to Counter Financial Crime Risk
- 3 years 8 months ago
- Risk Management
Facctum™, a risktech company specialising in cloud-delivered enterprise risk decisioning technology, announces today the launch of an open API for FacctView™, its sanctions and anti-money laundering (AML) screening platform. The open API will provide institutions of all sizes with access to high-performance compliance controls that can be integrated quickly into their anti-financial crime frameworks.
Microsoft Looks to Generate $5 Billion in Revenue from LSEG and the Financial Services Sector Through 10-year Strategic Partnership
- 3 years 8 months ago
- Infrastructure
Today, Microsoft announced a 10-year strategic partnership with the London Stock Exchange Group (LSEG), a world-leading financial markets infrastructure and data provider. Following LSEG’s acquisition of Refinitiv, a market leader in data services, LSEG has differentiated itself in the market with an end-to-end proposition across trading, execution, data and analytics solutions.
Cramer Rosenthal McGlynn Selects LineData: Adaptable Technology and Streamlined Operations Empower Next-Generation of Growth
- 3 years 8 months ago
- Asset Management
Linedata, a global provider of asset management and credit technology data and services, announced today that Cramer Rosenthal McGlynn, LLC (“CRM”), a US-based value equity manager serving institutions and individuals, chose Linedata to implement a highly adaptable operational model at CRM that positions it for growth, while at the same time keeping in place unique capabilities for the firm.
ESW Extends Partnership with Computop in the U.S., UK, Canada, and Australia
- 3 years 8 months ago
- Payments
Computop, a leading global payment service provider, and ESW, the world’s leading direct-to-consumer (DTC) e-commerce company, announced today that the companies have extended their strategic partnership in several key global markets. Building on its nine-year relationship with Computop in the UK, ESW will now also use its Paygate payment platform for local acquiring within the U.S., Canada, and Australia, with expansion into future markets...
COVID-19, Government Incentives and Mandates Boost Card Acceptance
- 3 years 8 months ago
- Covid-19
Continued growth in merchant outlet and EFTPOS terminals numbers worldwide strengthens coverage of all schemes, but acceptance of the largest players differs significantly between regions 82% of payment terminals now accept contactless
Toronto-based Beaver Bitcoin Launches Weekly Bitcoin Buys for Canadians
- 3 years 8 months ago
- Bitcoins
Marking its official launch today, Beaver Bitcoin is a non-custodial exchange that allows Canadians to set up an automatic weekly bitcoin purchase, directly from their bank account. From now until the end of the year customers can try the service for free.
Tumelo Teams Up with Proxy Advisors to Launch Stewardship Partnership Program
- 3 years 8 months ago
- Investment Management
Shareholder voting FinTech Tumelo has brought together partnerships with proxy advisors Glass Lewis and Pensions & Investment Research Consultants (PIRC), as well as with As You Sow, to combine with its own in-house technology to deliver pass-through voting to the institutional and retail clients of fund managers. Tumelo provides the pipes for the votes whereas the proxy advisors provide the advice and recommendations.
epay is First to Integrate UnionPay QR Code Payments in Europe
- 3 years 8 months ago
- Payments
UnionPay, one of the world’s largest card payment networks, and epay, the full-service payment provider owned by Euronet Worldwide Inc. (NASDAQ: EEFT), have launched UnionPay’s innovative QR code payment service in Europe, the companies announced today.
TradeSun Acquires Leading ESG Company, Paving Way for Further Innovation in Trade
- 3 years 8 months ago
- Artificial Intelligence
TradeSun, a leading provider of artificial intelligence solutions for trade compliance and automation, has acquired data company Coriolis Technologies, to expedite ESG-compliant trade. The strategic acquisition will allow the TradeSun network, of global and regional banks around the world, to expand with further innovation across trade and the supply chain. It follows a partnership agreement by TradeSun and Coriolis earlier this year.
National Bonds in UAE Selects Azentio’s iMAL to Improve Operational Efficiency, Support Growth Strategy
- 3 years 8 months ago
- Islamic Finance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market-leading Islamic Banking solution, iMAL, to support its quest to improve process efficie
LDC Invests in Etrading Software
- 3 years 8 months ago
- Trading Systems
LDC, the private equity arm of Lloyds Banking Group, has made a significant investment in capital markets technology firm Etrading Software, a global provider of technology-led solutions to address highly complex and constantly evolving market and regulatory challenges. Etrading Software specialises in the provision of market and reference data used by international financial institutions.
tendy Partners with WealthKernel to Boost Financial Literacy in UK Teens
- 3 years 8 months ago
- Wealth Management
WealthKernel, a wealthtech provider of digital investment services, today announces its partnership with tendy, an educational investment platform for UK teens. tendy will use WealthKernel’s core investing infrastructure, including trading and custody services, fractional stocks and ETFs, client onboarding (KYC), and access to different account types.
TreviPay Acquires Apruve
- 3 years 8 months ago
- Payments
TreviPay, a leader in global B2B payments and invoicing solutions, today announced the signing of a definitive agreement to acquire payment platform Apruve. Apruve offers a robust suite of payment solutions for global enterprises that will complement and expand on TreviPay’s existing order-to-cash technology offerings, merchant invoicing solutions, and the geographical reach of TreviPay’s existing B2B networks.
