KuCoin Engages Mazars to Conduct Third-Party PoR Verification Procedures
- 3 years 11 months ago
- Trading Systems
KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report.
Nominations for the UF AWARDS MEA 2023 Are in Full Swing
- 3 years 11 months ago
- FinTech StartUps
With an impressive number of top-rank financial and fintech brands nominating themselves for one or more of the now industry-recognised UF AWARDS MEA, nominations are rapidly coming to an end. Have you nominated your brand?
Fnality, HQLAX, Santander, Goldman Sachs and UBS Pave the Way for Settlement of Intraday Transactions Using DLT
- 3 years 11 months ago
- Money Transfers
Fnality and HQLAX announce the successful completion of the first proof of concept (PoC) delivery versus payment (DvP) repo settlement across the Fnality Payment System (FnPS) and HQLAX’s Digital Collateral Registry, bridging the distributed ledger technologies (DLT) of Enterprise Ethereum and R3 Corda, respectively.
HashKey Group and SEBA Bank Form Strategic Partnership to Accelerate Institutional Adoption of Digital Assets in Hong Kong and Switzerland
- 3 years 11 months ago
- Asset Management
HashKey Digital Asset Group (“HashKey” or “HashKey Group”) and SEBA Bank AG (“SEBA Bank”) have today announced a new strategic partnership that will see both financial services groups leverage their digital asset service offerings as well as custody and asset management products to accelerate the institutional adoption of digital assets in Hong Kong and in Switzerland.
Clausematch Announces Partnering with Arbuthnot Latham to Digitise the Policy and Compliance Framework
- 3 years 11 months ago
- Compliance
Clausematch, a technology company developing solutions for regulatory compliance is pleased to announce it has partnered with Arbuthnot Latham, the private and commercial bank, to enable the digital transformation of compliance. As part of the partnership, the firm is adopting Clausematch's policy management platform to automate and streamline compliance processes.
FICO Survey: UK Consumers Will Choose Banks Based on Fraud Protection
- 3 years 11 months ago
- Personal Finance
Global analytics software company FICO has revealed the findings from its latest fraud survey with consumers showing that strong fraud protection can be a competitive differentiator. When asked to rank their considerations in selecting a financial account provider, the top factor for 30 per cent was good fraud prevention. This came above value for money at 26 per cent.
Allica Bank Raises £100M Series C in Funding Round Led by TCV
- 3 years 11 months ago
- Fundraising News
Allica Bank, the leading fintech SME challenger bank, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Management.
Svea Bank Acquires Finnish Business of AREX Markets
- 3 years 11 months ago
- Banking
AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get paid quicker, has announced the sale of its Finland operations to Swedish payment and financing institution Svea Bank.
Vested Finance Launches Two New Pre-built Portfolios to Allow Investors to Invest in New-age Technologies and Globally Diversified ETFs
- 3 years 11 months ago
- Investment
Vested Finance, a US investment platform and a FINRA-registered US broker-dealer (via its affiliate VF Securities), today launched two additional pre-built Vests to enable retail investors to invest in globally diversified ETFs and futuristic technology stocks in partnership with Xumit Capital and Ethical Advisors. With this announcement, Vested Finance has partnerships with five industry experts to offer third-party portfolios.
Finaro Joins Forces with European Payment Powerhouse Ginger Payments to Offer One-stop-shop PSP Services in the Nordics
- 3 years 11 months ago
- Payments
Finaro, a global cross-border payment provider and fully-licensed bank, has today announced its partnership with Ginger Payments, under which Finaro will empower the Ginger Payments platform with its pioneering suite of acquiring and transaction routing capabilities.
Zimpler Launches Paylink Solution to Make Invoice Payments More Efficient
- 3 years 11 months ago
- Payments
Zimpler, a leading fintech company born in Sweden, announced today the launch of its Paylink solution. Brommapojkarna, the largest football club in Europe*, were the first to try it out.
Jocata Announces Pan-India Launch of AI/ML based Score ‘SME DNA’ to Power Banks and NBFCs to Scale Priority Sector Lending
- 3 years 11 months ago
- Lending
On the occasion of International Day of Banks, celebrated globally by the banking fraternity on December 4, B2B lending and compliance fintech Jocata announced pan-India rollout of SME DNA score, a proprietary AI/ML based risk and business intelligence score – after having successfully beta tested the model on the GSTN filings of over 20,000 MSMEs with two of the top Indian private lenders and one of the largest development banks in the country.
05/12 – Weekly Investment & Fundraising News
- 3 years 11 months ago
- Fundraising News
Teampay Raises USD47M in Series B Funding
05/12 – Weekly Fintech Recap
- 3 years 11 months ago
- Artificial Intelligence, Open Banking, Payments, Banking, Cloud, M&A Deals, People Moves
Partnerships Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank
Tonik Acquires TendoPay, Enters Employee Benefits Market
- 3 years 11 months ago
- Payments
Tonik Financial Pte. Ltd. (Tonik), the parent company of Tonik Digital Bank, Inc. in the Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd. (Tendo) to acquire its Philippine business, operating under the brand name “TendoPay”. This deal, which is subject to approval of relevant government authorities, is set to further cement Tonik’s leading position in digital credit inclusion in the Philippines.
