Masthaven Opens Mew London and Reading Offices
- 4 years 6 months ago
- Banking
Masthaven Bank has today announced that it has moved from its previous London office to two new sites: one new office in London and one in Reading. The new office openings come as the bank embarks upon a more flexible working model.
corfinancial’s Salerio Selected By Man Group To Migrate Oasys Trade Processing
- 4 years 6 months ago
- Investment Management, Banking
Salerio, the post-execution trade processing solution from corfinancial, has been selected by Man Group, the global active investment management firm, to assist in their migration from the OASYS™ US securities trade processing flows to the DTCC’s Institutional Trade Processing (ITP) CTM™ (Central Trade Manager) platform. Last year, DTCC announced that it would decommission OASYS™ on 31 October 2021.
Comment: FSB Warns of SME Funding Gap
- 4 years 6 months ago
- Covid-19
Commenting on the Federation of Small Businesses warning that SMEs face a funding gap as COVID-19 restrictions continue and financial support ends, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “As the lifeblood of the UK economy, we must continue to do all we can to protect agile and resilient SMEs who are working hard to adapt to the post-pandemic economy.
Slovakia’s Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization
- 4 years 6 months ago
- Artificial Intelligence, Banking, Data
Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO’s advanced AI-powered optimization, the bank will develop data-driven lending strategies to systematically improve results. Slovenská sporiteľňa is part of the Erste Group, one of the largest financial services providers in Central and Eastern Europe...
Beeline Speeds Up Client Onboarding Using Smart ID Engine
- 4 years 6 months ago
- Artificial Intelligence, Digital Identity
Beeline telecommunications operator uses AI-based ID scanning technology Smart ID Engine to boost SIM cards sales in retail stores, on-site all over Russia. The integration of the software, developed by science-driven company Smart Engines, was conducted by Digital Economy League. Today, as part of the project, Beeline was supplied with about 12 million recognitions.
A Digital Currency Revolution is Upon us a New Dawn of Fintech Approaches. Paysend New White Paper Explores the Opportunities for Digital Money in the World After Covid
- 4 years 6 months ago
- Covid-19, Payments, e-Payments
Paysend announces that the latest White Paper entitled Digital Money in a Post-covid world has been published and is available now. Head of Branding, Alberto Macciani, digs deep into the prolific expansion of digital money over the last 12 months and demonstrates just how we will see the landscape of financial technology shift, revolutionising the way we manage our money on a daily basis.
LPA Expands French Team with Two New Senior Hires
- 4 years 6 months ago
- Financial, Insurance, Consultancy, People Moves
LPA Group, the capital market technology and innovation leader, today announced the expansion of its French office with two new senior hires: Michael Lemke as Head of Client Delivery Solutions and Vincent Stefanović as Client Director Sales for the Buy-Side. Based in Paris, Michael and Vincent will join Thomas Geist, Senior Sales Account Manager, in promoting LPA Group’s innovative technology solutions for financial services and supporting the...
Fake Driving Licences Account for Over Half of Fraudulent Attempts to Open Digital Wallet Accounts in the UK
- 4 years 6 months ago
- Digital Identity, E-Wallets
Fourthline, the digital identity and verification specialist, has released findings from its Digital Identity Fraud Analysis Tool, which looked specifically at the different ways fraudsters have attempted to create digital wallet accounts in the UK over the last six months. The UK Digital Wallet ID Fraud Pulse, analysed data over the period January 2021 to June 2021, to reveal criminals most commonly used counterfeit driving licences when...
Commercial Bank of Kuwait Selects TCS BaNCS to Transform Treasury Operations and Drive Future Growth
- 4 years 6 months ago
- Transaction Banking, Banking, IT Innovations
Tata Consultancy Services (TCS), leading global IT services, consulting, and business solutions organization, announced that Commercial Bank of Kuwait (CBK), one of the largest financial institutions in Kuwait, has selected TCS BaNCS™ for Treasury to manage risk better, enhance asset class coverage, and drive future growth.
Splitit Partners with Leading Middle East BNPL Provider tabby
- 4 years 6 months ago
- Platform Technology, Payments
Splitit, the company empowering consumers to use their existing credit to spread payments over time, announced a partnership with tabby, the leading Middle East Buy Now Pay Later (BNPL) provider. tabby will integrate Splitit’s instalment payment platform through a white-label solution to allow tabby’s merchants to offer instalments on credit cards.
Finastra Survey Finds Banking as a Service (BaaS) Set to Make Significant Impact on Financial Services in Next 12 Months
- 4 years 6 months ago
- Open Banking, Banking, IT Innovations, Financial
85% of respondents at global financial institutions believe Banking as a Service (BaaS) will make an impact over the next year; 40% believe the impact will be significant More than 9 in 10 respondents agree that Open Banking is important to their organization; 97% of those that already use Open Banking recognize that it has provided benefits to their business
Nucleus Commercial Finance Comments on FSB Calling for Increased Government Support for SMEs
- 4 years 6 months ago
- E-Commerce, Financial
Chirag Shah, CEO, Nucleus Commercial Finance comments: “SMEs across the country were hoping to reopen on 21st June and had naturally planned for this financially. This delay combined with winding down of government support is undoubtedly a big blow for those businesses who have started making repayments on existing facilities. Our own research found that only a quarter of SMEs were anticipating a delay to reopening, meaning the majority of...
Over 60% of Fraudsters Request Gift Cards in Business Emails Scams; eBay, Google Play Cards Most Popular
- 4 years 6 months ago
- Security, Cybersecurity
According to data presented by the
BEC Attacks: Who is Legally Responsible?
- 4 years 6 months ago
- Cybersecurity
Business Email Compromise (BEC) and cyber attacks are on the increase worldwide. Conveyancing firms, their clients, and other organisations effecting many large non-recurring type transactions are particularly vulnerable to BEC fraud. Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider says gaps in organisations’ payment systems not only pose massive financial and reputational risks, but can have serious legal...
E-Commerce Logistics SaaS Startup zip24 Raises $1.2M
- 4 years 6 months ago
- Fundraising News
Dubai-based logistics Software as a Service (SaaS) startup zip24 has raised US$1.2 million in a pre-series round, led by London-based Sturgeon Capital, along with Angel investors from the UK and Gulf Cooperation Council (GCC) countries, including Hayaat Group, Teqvisory, and Robert Kay.
