Allica Bank Acquires £0.6bn Sme Lending Portfolio from Aib
- 4 years 6 months ago
- Banking
Bank acquires £0.6 billion SME lending portfolio from AIB Group Plc (AIB) Allica Bank excited to offer a secure and sustainable home to AIB SME lending customers in Great Britain Acquisition brings forward Allica Bank’s target profitability date to the middle of 2022, with total combined lending book to be over £1 billion
Atom Becomes Largest Company in Britain to Introduce four-day Working Week and rRduced Hours for all Employees, with no Reduction in Salary
- 4 years 6 months ago
- Banking
Starting on 1 November 2021, Atom bank introduced a four-day working week for all employees Employees’ salaries will not be changed, despite a reduction in working hours from 37 to 34 per week Atom’s move to a four-day working week is to support improved employee mental and physical wellbeing together with improved business productivity Atom will continue to offer customers multi-award winning support, seven days a week
Payguru and Iyzico Launch Direct Carrier Billing for Digital Wallets in Global First
- 4 years 6 months ago
- E-Wallets
TPAY MOBILE company Payguru partners with leading Turkish virtual POS provider to enable first-ever digital wallet top-ups via DCB
CUBE Wins Contract to Supply RegTech Services to Revolut
- 4 years 6 months ago
- RegTech
Leading regulatory intelligence provider CUBE will provide regulatory technology to Revolut, one of the world’s fastest growing FinTechs RegTech company CUBE is pleased to be working with the financial superapp Revolut. CUBE will provide Revolut with regulatory technology, with a focus on horizon scanning and managing regulatory change at a global scale.
Shield-IoT Raises $7.4M in Series A to Streamline and Secure Mass Scale IoT Networks
- 4 years 6 months ago
- Fundraising News, Security, Cybersecurity
Shield-IoT streamlines the implementation of mass-scale IoT and 5G networks with the world’s first Coreset-AI security platform. “Shield-IoT’s innovative approach to anomaly detection provides accurate analytics at mass-scale,” says Ramanath Mallikarjuna, Chief Strategist at Akamai Technologies.
Black Friday Sales: one in two Brits Ditch Credit Cards for Christmas
- 4 years 6 months ago
- Transaction Banking
one in every two UK consumers is planning to ditch their credit card entirely for Christmas shopping this year, with two-thirds of credit card owners wanting to avoid paying credit card interest. Despite credit cards promising interest-free periods, 46% of Brits that used their credit cards ended up paying interest on their Christmas shopping last year.
ADDX Tokenises First Private Credit Fund, Lowers Minimum from US$5m to US$20,000
- 4 years 6 months ago
- Investment
Managed by Temasek-owned SeaTown, the fund with committed capital of more than US$1 billion is raising external capital for the first time
Fast-growing Global Tech Provider Lumi Enriches the in-room Shareholder Experience With New Product
- 4 years 6 months ago
- Management
Lumi has acquired the market leading tablet solution from Feedback Italia to build on its in-person experience for meetings
Mouro Capital Leads Vesttoo's $15m Series B Round With Participation From MS&AD Ventures
- 4 years 6 months ago
- Insurance
Global financial and insurance partners' investment will drive expansion of Vesttoo's multi-billion dollar insurance-linked program and the world's first fully digital marketplace for insurance-based risk transfer and investments Vesttoo CEO: "Mouro Capital and MS&AD see the same opportunity we see: Vesttoo as a global deal pipeline"
Integral Hires Julian Elliot and Ina Patrascu to Further Strengthen its Product and Sales Teams
- 4 years 6 months ago
- FinTech StartUps
Integral (www.integral.com), a leading technology company in the foreign exchange market, today announced two new hires to expand their footprint among European banks and brokers. Julian Elliot joins as Senior Product Director and Ina Patrascu joins as a Director in the EMEA sales team.
FinEx Releases US REIT ETF Tracking Solactive Index
- 4 years 6 months ago
- Investment
Currently, real estate investments are back on the radar for many investors. Since engaging with real estate as landlords can be time-consuming, many asset owners explore investing in real estate investment trusts (REITs), as this asset class offers straightforward access to commercial real estate via exchange-traded funds. ETF pioneer FinEx now issued an ETF, the FinEx US REIT UCITS ETF, focusing on US REITs, which tracks the Solactive GPR...
TCS Study Finds More Than 50% of Global Senior Financial Leaders Get Short-Term Forecasts Wrong
- 4 years 6 months ago
- Consultancy
Tata Consultancy Services’ 2021 Global Financial Leadership Study Brings to Light Current Financial Planning & Analysis (FP&A) Strengths and Weaknesses, Priorities for Investment and Improvement, and Attributes of Top-Performing Teams
Insightful Technology’s Soteria™ Recording Solution for Microsoft Teams is Certified by Microsoft for Regulatory Compliant Monitoring and Recording of Teams Interactions
- 4 years 6 months ago
- IT Innovations
Enterprise Intelligence Platform One of Only 10 Certified Policy-Based Recording Solutions Worldwide Insightful Technology, creator of the Soteria™ Enterprise Intelligence platform that enables holistic surveillance, compliance and governance, is one of only 10 solutions currently certified for policy-based recording solutions for Microsoft Teams.
Sber's Software Asset Management Project is the Best in Europe
- 4 years 6 months ago
- Banking
Sber has received the SAMS Europe Award for the best software asset management project. The European professional community praised Sber’s “Integrated SAM Solution at Sberbank” project, which took first place. It is the first time a Russian company has won first place in the history of the award.
AllianceBlock Announces the Release of AllianceBlock DEX, Designed to Lower Impermanent Loss and Create a Safer, Lower Risk Environment
- 4 years 6 months ago
- Banking
Setting a new industry standard, AllianceBlock DEX’s novel mathematical model synchronizes two automated market makers to reduce impermanent loss In line with its mission to bridge the gap between decentralized and traditional finance, AllianceBlock has deployed the AllianceBlock DEX Testnet on renowned blockchains Polygon and Energy Web Chain.
