CFPB Issues Reports Detailing Mortgage Borrowers’ Continuing COVID-19 Challenges
- 4 years 8 months ago
- Lending
The Consumer Financial Protection Bureau (CFPB) released two reports today showing that more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn. The first report documents that Black and Hispanic mortgage borrowers are much more likely to be delinquent or in a forbearance program than white borrowers. In a second report, the CFPB reports that overall mortgage complaints to the CFPB have risen...
Refinitiv Teams Up with FinTech Studios
- 4 years 8 months ago
- Management
Refinitiv today announced a new strategic agreement with FinTech Studios, an AI-based news, market intelligence and analytics provider, to provide industry, local and regional news, and research to wealth management professionals across Latin America and beyond.
Red Hat and IBM Research Launch the Konveyor Project
- 4 years 8 months ago
- Cloud
Kubernetes, supported by a vibrant open source community, can drive outstanding innovation. To help in Kubernetes adoption, Red Hat and IBM Research have created Konveyor, an open source project aimed at helping modernize and migrate applications for open hybrid cloud by building tools, identifying patterns and providing advice on how to bring cloud-native transformation across IT. Konveyor also supports a growing number of tools, such as Crane...
Wolters Kluwer Appoints Strategic Advisor for Australian Expansion in Regulatory Reporting and Risk Space
- 4 years 8 months ago
- Risk Management, People Moves
Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has appointed Donna-Maree Vinci as a strategic advisor for Australia. Wolters Kluwer FRR counts major Australian financial institutions, as well as international banking groups active in the country, among its clients. The multi award-winning company is now scaling up operations in the country, helping banks to navigate the complexities of regulatory compliance obligations...
Riverbed Delivers Breakthrough Visibility and Performance of Secure and Encrypted Applications for the Modern Enterprise
- 4 years 8 months ago
- Security and Compliance
Riverbed today announced the availability of new capabilities that dramatically improve the visibility and performance of SSL/TLS-encrypted applications, enabling organizations to expand Work-from-Anywhere, SaaS and Cloud initiatives with confidence.
Venture Capital Valuations Report Reveals Record Number of Unicorns in 2020
- 4 years 8 months ago
- Non-Financials
A record number of venture capital (VC) partners and firms within the European market were valued at over €1bn in 2020, reaching unicorn status, investment monitoring platform Pitchbook has reported. The news follows a decade of sustained growth, and multi-billion valuations flooding the European VC market in 2020, despite economic and social disruption by COVID-19.
AWS Announces General Availability of Amazon FinSpace
- 4 years 8 months ago
- Non-Financials
Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. Amazon FinSpace aggregates, catalogs, and tags data across an organization’s data silos, making the data easily searchable by the entire organization.
Procensus Launches Market Intelligence Service for Financial Institutions and Corporates
- 4 years 8 months ago
- M&A Deals
Procensus, the opinion sharing community for institutional investors, today launched a premium service which extends access to the platform’s benchmarking data to corporates, capital markets bankers, alternative asset managers and regulatory authorities, providing them with enhanced market intelligence.
Featurespace Honoured with the Queen’s Award for Enterprise: International Trade
- 4 years 8 months ago
- Security
Featurespace, the leading provider of Enterprise Crime Prevention software, has received the Queen’s Award for Enterprise: International Trade. This is the second time the company has received a Queen's Award, the first being in 2018 in the Innovation category for its pioneering work in fraud prevention technology.
Acronis, the Global Leader in Cyber Protection, Receives More Than $250M Investment at a $2.5B Valuation
- 4 years 8 months ago
- Investment, Cybersecurity
Acronis, the global leader in cyber protection, is pleased to announce that it has received more than $250 million funding round from CVC Capital Partners VII and other investors.
Mphasis Expands UK Footprint with Accelerated Focus on Customer-led Digital Transformation Initiatives
- 4 years 8 months ago
- IT Innovations
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, is expanding its footprint in the UK with a special focus on Customer led Digital Transformation initiatives in banking & insurance, by establishing a nearshore center, outside of London. Mphasis expects to:
Clearwater Analytics Names Colin Clunie as Head of EMEA Operations
- 4 years 8 months ago
- SaaS, People Moves
Clearwater Analytics, an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today that it has appointed Colin Clunie to Head of Europe, Middle East, and Africa (EMEA) Operations.
Bitcoin.com Exchange Taps Sumsub’s KYC Solution For Smooth User Verification
- 4 years 8 months ago
- Platform Technology, Bitcoins
Bitcoin.com Exchange, the trading platform of the Bitcoin.com Brand, announces its partnership with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC/KYB/AML needs. Through this partnership, Bitcoin.com Exchange has found a way to convert more clients quickly while ensuring compliance with international regulations.
Bybit to Launch Cloud Mining to Democratize Ethereum Mining
- 4 years 8 months ago
- Cryptocurrencies, Cloud
Cryptocurrency exchange Bybit will launch in May Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access to ether (ETH) mining from as little as $100. Democratizing and de-risking crypto mining
QR Code Payments to Hit $2.7T Value by 2025, China to Generate 85% of All Transactions
- 4 years 8 months ago
- Payments, Money Transfers
Over the years, QR code payments have witnessed impressive but fragmented global growth, with significant transaction value differences between the regions. Their ability to combine payments and loyalty makes them ideal for retailers seeking to leverage valuable transactional data, while their low-cost nature is expected to drive growth in the years to come.
