Fnality Reveals Intraday Liquidity Savings for Wholesale Banks of up to 70% as it Prepares to Roll out blockchain-powered Payment System Globally
- 4 years 1 month ago
- Blockchain, Banking
Fnality has developed a first-of-its-kind solution to the significant fragmentation in cross-currency interbank payments ‘Fnality Participant Simulator’, created with FNA, has estimated the daily liquidity requirements reduction for banks when consolidating multiple existing payment rails into Fnality’s payment system Potential intraday liquidity savings for participant wholesale banks was found to be between 33% - 70%, reducing funding costs...
APEXX and Worldline Partner to Provide Effortless Access to 12 Buy Now Pay Later Platforms Globally to Merchants
- 4 years 1 month ago
- Payments
Partnership with Worldline, Europe’s leading digital payments provider, demonstrates growth of BNPL APEXX and Worldline working closely with regulators to ensure upkeep of responsible lending practices APEXX Global, (APEXX), the multi-award-winning global payments platform, has announced a long-term strategic partnership on Buy Now Pay Later (BNPL) with Worldline, a global leader in the payments and transactional services industry.
Sustainability, BaaS and Embedded Finance Investments Priorities for Banks in 2022
- 4 years 1 month ago
- Banking
A new independent survey of more than 250 UK banking and financial services companies has revealed how recent technology trends have influenced their long-term strategies:
EIB-supported Gender Lens Investment Fund Alitheia IDF Announces Final Close at $100 Million
- 4 years 1 month ago
- Investment
The fund has a mandate to plug the over $42 billion investment gap between male and female entrepreneurs as a means of catalysing the economic power of African women
Signzy Enlists Former PayPal India Enterprise Business Head as Chief Growth Officer
- 4 years 1 month ago
- Payments, Banking
~Siddharth Dhamija to help the startup scale BFSI transformation in EMEA and APAC~ Banking infrastructure enabler Signzy, announced the joining of Siddharth Dhamija as their Chief Growth Officer (CGO) to strengthen their global expansion across Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The announcement follows Signzy’s recent entry into UAE and continued expansion of its C-suite leaders in the region.
Western Union Joins Forces with Major Financial Institutions in Ukraine and CIS
- 4 years 1 month ago
- Transaction Banking, Payments
Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions across the Commonwealth of Independent States (CIS), to enable millions of their customers to send and receive cross-border payments through Western Union’s omni-channel network quickly, conveniently and reliably.
Investment Teams to Glean Information and Trading Advantage from Aiera and Glue42 Partnership
- 4 years 1 month ago
- Trading Systems, Investment
Partnership simplifies and speeds up research, investment and trading workflows of research analysts, fundamental investors and quants, significantly improving the user experience directly on the financial desktop.
NatWest and SurePay Partner to Launch Confirmation of Payee for HMRC
- 4 years 1 month ago
- Personal Finance, Payments
NatWest Group and SurePay have partnered to introduce Confirmation of Payee (CoP) for HM Revenue and Customs (HMRC), using a direct access Application Programming Interface (API), to allow HMRC to dynamically check high volumes of outbound payee details to help prevent fraudulent and misdirected payments. This improves efficiency by ensuring the recipient payee’s details match those registered to the account outside of the payment process.
Funding Options Teams up with Wise to Offer SMEs Greater Choice on FX and International Payments
- 4 years 1 month ago
- Cryptocurrencies, Data
This partnership will enable independent businesses to access international payments via the marketplace, and pay invoices in over 50 different currencies
Season Two Ventures Closes Twin B2B Investments in India: Backs Twixor, Vitraya
- 4 years 1 month ago
- Investment
Twixor raises $2.4M & Vitraya Technologies raises $2M in total respectively Season Two Ventures continues its India investment spree into AI and ML, the latest catches being customer experience automation platform, Twixor and InsureTech platform Vitraya Technologies. Season Two has committed to an investment of $1 Million in Twixor, and $1.5 Million into Vitraya.
New Research Reveals the Banking and Payments Habits of UK Consumers
- 4 years 1 month ago
- Payments, Banking
· Mobile banking tops the way most consumers bank today (71%), compared to just 15% in 2014
Amber Group Reimagines Digital Wealth Management In The Metaverse With Launch Of WhaleFin
- 4 years 1 month ago
- Asset Management
WhaleFin represents the next generation digital asset platform that grows in lockstep with investors, as they embark on their digital wealth journey in a decentralised future
60% of Fraudsters Use Physical Fakes: New Study From Sumsub
- 4 years 1 month ago
- Fraud Detection, AML and KYC
Anti-fraud and verification platform, Sumsub, is sharing the results of its identity fraud research to help businesses protect themselves from cybercriminals
xpate Launches Links and Tops 100 Team Members Amid This Year’s Advent in Cross Border Ecommerce
- 4 years 1 month ago
- Payments
Fintech start-up spurned on by launch of next generation payment gateway and with acquirers on the quest to lower operational risk, cut costs and optimise payments flow xpate offers clients more than 70 payment methods in 17 currencies across the globe Company headcount tops 100 – a sevenfold increase in the space of two years
Temenos Expands Collaboration with Microsoft to Meet Growing Demand for the Temenos Banking Cloud
- 4 years 1 month ago
- Banking, SaaS
Temenos working with Microsoft on SaaS and Green Cloud initiatives in financial services built on Microsoft Azure Temenos, the banking software company, announces it is expanding its strategic relationship with Microsoft to meet the growing demand from banks for SaaS and banking services delivered by The Temenos’ Banking Cloud.
