Atos Accelerates Banco Mercantil's Cloud Journey
- 4 months 2 weeks ago
- Cloud
Atos, a global leader in digital transformation, was chosen by Banco Mercantil to support its cloud adoption journey through the Google Cloud. The agreement, a five-year term between the bank and Google Cloud, involves an investment of millions of Brazilian reais to migrate all of the bank’s data center servers to the cloud. The project was divided into phases according to the appropriate strategy for each type of workload, aiming to modernize...
Kudo Trade Secures Financial Services Commission License In Mauritius
- 4 months 2 weeks ago
- Trading Systems
Kudo Trade, a leading innovator in global financial trading services, is proud to announce that it has been granted a prestigious license by the Financial Services Commission (FSC) of Mauritius. The license, numbered GB24203599, underscores Kudo Trade’s commitment to operating at the highest standards of regulatory compliance and delivering exceptional services to its clients worldwide.
Singapore’s Financial Sector Must Brace For Heightened Regulatory Scrutiny And Enforcement Action In 2025
- 4 months 2 weeks ago
- Compliance
Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced today the findings of its annual report on global financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from US$6.57 billion in 2023 to US$4.6 billion—a reduction of 30%. The APAC region as a whole saw the total penalty value drop by 98%, from US$1.41...
Manchester City Women Announces Revolut As An Official Global Partner
- 4 months 2 weeks ago
- Infrastructure
Manchester City women has today announced a new global partnership with leading financial technology company, Revolut. It marks Revolut’s first investment in women’s football and adds to Manchester City Women’s growing network of commercial partners. Revolut’s global presence will provide new opportunities to elevate the visibility of Manchester City Women both in the UK and internationally.
British Business Bank Agrees £150M ENABLE Build Transaction With Specialist Bank Shawbrook
- 4 months 2 weeks ago
- Banking
The British Business Bank has agreed an ENABLE Build transaction of up to £150m with specialist bank Shawbrook to increase the amount of development finance it provides to UK smaller housebuilders. Shawbrook has surpassed £2bn of lending to UK property developers, creating over 8,000 new homes. The guarantee is expected to further support over £300m of finance to help fund the creation of new homes across England and Wales over its lifetime.
New CEO Appointed To Drive JN Bank UK’s Next Phase Of Growth And Digital Transformation
- 4 months 2 weeks ago
- People Moves
JN Bank UK is delighted to announce the appointment of Chris Waring as Chief Executive Officer, as the bank accelerates its growth strategy with a clear vision for the future of UK banking. This appointment comes on the heels of a recent £20 million investment from Step One Money UK Limited (SOMU), which will drive the bank’s innovation and support its market expansion.
10x Banking And DLT Apps Enable Banks To Manage Complex Data Migrations With Confidence And Speed, Driven By AI
- 4 months 2 weeks ago
- Banking
10x Banking, the cloud-native core banking platform, and DLT Apps, a leader in innovative solutions for data migration, have partnered to leverage AI to set a new standard in the banking industry's digital transformation efforts.
Broadridge Enhances Multi-Asset Post Trade Processing With GenAI-Powered Analytics
- 4 months 2 weeks ago
- Trading Systems
To better streamline multi-asset post-trade processing and operational reporting, Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge’s OpsGPT ® application, this new GenAI-powered functionality enables users to generate insights and visualizations directly from their trade data using natural language,...
TSB Supports Its Employees Juggling Work And Adult Caregiving With UK’s First Fully Comprehensive Support Service
- 4 months 2 weeks ago
- Infrastructure
A new partnership between TSB and KareHero will help the 8 percent of TSB colleagues who juggle work and caring responsibilities by providing them with a personalised, one-stop-shop adult care support service to meet their carer needs.
Recharge Partners With ABN AMRO For £38 Million To Boost Their M&A
- 4 months 2 weeks ago
- Fundraising News
Recharge, the European leader in online prepaid payments, today announced it has secured a £38 million facility with ABN AMRO to fuel its ambit
JPMorganChase Announces New Responsibilities For Senior Leaders
- 4 months 2 weeks ago
- People Moves
JPMorgan Chase today announced new responsibilities for several senior executives as it continues to build on its leadership positions across global financial services.
ACI Worldwide Announces Appointment Of Philip Bruno As Chief Strategy And Growth Officer
- 4 months 2 weeks ago
- People Moves
ACI Worldwide an original innovator in global payments technology, today announced the appointment of Philip Bruno as chief strategy and growth officer.
HYPERLINE Secures Further $10M Seed Investment Led By Index Ventures
- 4 months 2 weeks ago
- Fundraising News
HYPERLINE, the next-generation monetization platform, has raised $10 million in a seed extension round led by global venture capital investor, INDEX VENTURES, to help small and medium-sized businesses transform revenue management.
In 2024, Finora Bank’s Loan Portfolio Grew By 38%
- 4 months 2 weeks ago
- Banking
In 2024 Finora Bank recorded unprecedented growth. The loan portfolio provided to business clients increased by more than 38% over the year – from €20.4 million at the end of 2023 to €28.1 million at the end of 2024. The bank's assets grew by 61%, reaching €36.9 million compared to €22.9 million the previous year.
Deus X Pay And BCB Group Partner To Enhance Fiat Currency Settlement Capabilities
- 4 months 2 weeks ago
- Payments
Deus X Pay, a regulated institutional stablecoin payment provider, is thrilled to announce its strategic payment partnership with BCB Group, a leading provider of payment and trading services for the digital asset economy. This integration offers instant settlement of fiat currencies, enabling faster, cheaper, and safer financial transactions for clients.