Wise Brings Pioneering International Money Transfer Service to India

• 4 years 9 months ago
• Money Transfers

Wise, a global technology company building the best way to move and manage money internationally, announced the launch of its low-cost and fast international money transfers from India today. With this launch, Indians will be able to send money from the country to 44 countries globally, including the UK, US, Singapore, Malaysia, UAE, and countries in the Eurozone. The service is available across Android, iOS, and the web. At launch, Wise’s...

Temenos Accelerates Banking Innovation for SMEs With the Launch of Temenos Virtual COO at TCF Online 2021

• 4 years 9 months ago
• Payments, Banking, Core Banking

SMEs make up 95% of businesses in many countries, and yet they are consistently underserved by banks around the world. Temenos and Canadian Western Bank (CWB) have innovated together to develop an Explainable AI-driven (XAI) solution, Temenos Virtual COO. Following TCF Online 2021, Temenos, the banking software company, announces that it has launched Temenos Virtual COO globally.

Operator Messaging Revenue to Reach $88 Billion Globally by 2025, Despite SMS Revenue Decline

• 4 years 9 months ago
• Data, Consultancy

NFU Mutual Selects Invest|Pro from Financial Risk Solutions to Support Investment Administration of its Life Insurance Business

• 4 years 9 months ago
• Investment, Financial, Technical, Insurance

Financial Risk Solutions (FRS), a leading provider of investment administration software to life and pensions companies worldwide, today announced NFU Mutual has selected Invest|ProTM to support the investment administration of its GBP 6 billion unitised life insurance business.

Mohammed Kateeb, Winner of the Financial Services Technology Leadership Award 2021

• 4 years 9 months ago
• People Moves

Path Solutions is thrilled to announce that the company’s Group Chairman & CEO, Mohammed Kateeb has been recently recognized for his achievements and thought leadership in the fintech sector, winning the ‘Financial Services Technology Leadership Award’ at the MEA Finance Banking Technology Awards 2021.

Global IT Spending to Hit Over $4B in 2021, Software and Cloud-Based Projects to Account for 50% of Total IT Budgets

• 4 years 9 months ago
• Cloud

Although the COVID-19 did reduce global IT spending last year, many companies were still forced to increase their IT budgets to adapt to new operational requirements and set up their employees to work from home.

21Shares Chooses CryptoCompare For Crypto Data Services To Expand Market Participation

• 4 years 9 months ago
• Asset Management, Data

21Shares, the pioneering Swiss Crypto ETP issuer, has chosen CryptoCompare, the digital asset market data specialist, to provide settlement pricing for all of its single asset ETP data effective June 1st 2021. The daily delivery of high-quality data to the market to 21Shares’ stakeholders is paramount to ensuring market participants can correctly price with confidence the liquidity profiles investors demand in actively growing crypto markets.

LenDenClub Launches InstaMoney Plus - First P2P Platform to Offer Digital Credit Card and UPI

• 4 years 9 months ago
• Lending, Payments

LenDenClub, India's largest peer-to-peer lending platform, has launched ‘InstaMoney Plus’ to its customers. It gives premium advantages to customers, such as first of its kind Digital Credit Line, Digital Credit Card along with UPI to offer easy access to credit across both online and offline platforms. With its latest feature, users can make payments, shop online or pay at any retail stores.

Saxo Bank Becomes First Bank to Earn a Cloud Security Alliance (CSA) STAR Level 2 for Its Investment Infrastructure as a Service Offering

• 4 years 9 months ago
• Banking, Cloud, Security

Saxo Bank becomes the first bank in the world to earn the Cloud Security Alliance STAR Level 2 Attestation and Trusted Cloud Provider accreditation. It is a clear testament to the bank’s successful technology transformation journey.

4 Best Practices for Implementing Recurring Billing

• 4 years 9 months ago
• Payments

Automated billing is made as a convenience feature for customers. Subscriptions in the form of recurring billing is the next evolutionary step to help with the customer experience. There are multiple ways to implement recurring billing software into your current system. For the best experience, take a look at the things you value the most out of the process.

Curve Raises Nearly £10m in Largest Ever Equity Raise on Crowdcube

• 4 years 9 months ago
• Fundraising News

Curve, the fast-growing financial super app, has closed the largest ever equity raise on Crowdcube, breaking multiple records during the campaign. The raise closed at 1500 BST yesterday, hitting nearly £10m in funding from 11,795 investors. In another record, Curve was the fastest ever company on Crowdcube to raise £6m, which it did in just 2 hours 49 minutes after it went live on 25th May. The fundraise has also been Crowdcube’s most popular in...

FINOS’ New Silver Members Pave the Way for Further Commercial Open Source Adoption in Financial Services

• 4 years 9 months ago
• FinTech StartUps

The Fintech Open Source Foundation (FINOS) today announced three new silver members including Canonical, the publisher of the Ubuntu Linux distribution, Databricks, an open core cloud data and AI company and Codethink, a provider of open source engineering services.

TIME MATTERS: Companies Prioritising Investments That Reduce Time-To-Value From Data

• 4 years 9 months ago
• Investment

Independent research released today by KX shows that organisations across every major industry sector are prioritising time-to-value from their data, as firms look to operationalise continuous intelligence through real-time analytics.

Forensic Risk Alliance (FRA) Expands Paris Office with Financial Investigations Expert from the French National Financial Prosecutor’s Office

• 4 years 9 months ago
• Data, Consultancy

Forensic Risk Alliance (FRA), a forensic accounting and data governance consultancy specialising in international and complex investigations, compliance and disputes, is pleased to announce that Uriel Goldberg has joined the firm’s global forensic accounting team as a director, based in Paris. Uriel joins after five years serving as forensic accounting expert in the French National Financial Prosecutor’s Office (PNF).      

Deepbridge Secures £15m Commitment from British Business Investments

• 4 years 9 months ago
• Investment Management

Deepbridge Capital, the UK venture capital investment manager, today announces that it has secured a £15m commitment from British Business Investments, a commercial subsidiary of the British Business Bank, to fund early-stage businesses across the UK.