Latest news

Better-than-expected US Nonfarm Payrolls Paves Way for Fed Tapering

4 years 11 months ago
Risk Management

Commenting on better-than-expected US nonfarm payrolls and increased likelihood of Fed tapering, Caleb Thibodeau, Associate at Validus Risk Management, said: “In the last Fed meeting, we heard Powell brushing off labor market sluggishness, indicating the employment recovery was on a strong, very robust path that will catch-up to inflation – this was definitely the feeling from today’s change in nonfarm payrolls and drop in the unemployment rate...

82% of European Organisations are increasing Their Zero Trust Security Budgets for the New World of Work

4 years 11 months ago
Digital Identity, Cloud, Security

New research from Okta finds that the remote work economy has accelerated a Zero Trust culture, but the majority of companies are still relying on passwords

Paya Holdings Inc. Announces Second Quarter 2021 Results

4 years 11 months ago
Payments

Paya Holdings Inc., a leading provider of integrated payment and commerce solutions, today reported financial results for its second quarter ended June 30, 2021.

Scality attains Cohasset SEC Compliance Certification for Secure Fintech Industry Data Storage

4 years 11 months ago
Compliance, Data Management

RING certified as SEC 17a-4(f) compliant

Estonian Startup Income Announces Funding Round with Tolaram Fintech as Lead Investor

4 years 11 months ago
Investment, FinTech StartUps

Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram Fintech, part of Tolaram, a Singapore-based enterprise with investments in consumer products, fintech, and infrastructure and over USD 1.2 billion in annual revenues.

MiFinity Integrates Cryptopay, a Bew Cryptocurrency Solution!

4 years 11 months ago
Payments, Bitcoins

MiFinity, the global payment provider, today has announced the roll out of Bitcoin, BitCoin Cash, Ethereum, Ripple and Litecoin as additional funding and withdrawal options within the MiFinity platform. The solution is powered by Cryptopay, a 3rd party cryptocurrency payment service provider that enables Bitcoin, BitCoin Cash, Ethereum, Ripple and Litecoin holders to convert cryptocurrencies real time into Fiat currency. The equivalent Fiat or...

Nucleus Commercial Finance Hires Business Development Manager as SMEs Seek Further Financial Support

4 years 11 months ago
Banking, Alternative Finance, People Moves

Nucleus Commercial Finance, the fintech revolutionising how UK SMEs access finance, today announces that Sam Percival has joined as Business Development Manager for London and the South East. The appointment comes at a crucial time as SMEs show increased demand for finance following the removal of Covid-19 lockdown restrictions.

Yet Another Solid Set of Results for Illimity

4 years 11 months ago
Banking

NET PROFIT OF 14.9 MILLION EURO IN THE SECOND QUARTER OF 2021 (+18% OVER 1Q21) TAKING THE NET RESULT FOR THE HALF-YEAR TO 27.4 MILLION (+85% VS. 1H20)

ING to redeem ING Perpetual Securities II and ING Perpetual Securities III

4 years 11 months ago
Banking

ING announced today that it will redeem two series of outstanding perpetual securities: the €750 million ING Perpetual Securities II (NL0000113587) and the €1 billion ING Perpetual Securities III (NL0000116127), both on the optional redemption date of 30 September 2021.

ING Posts 2Q2021 Net Result of €1,459 ZMillion

4 years 11 months ago
Banking

2Q2021 result before tax of €2,065 million; capital position strengthens to 15.7% • Growth in fee income of 18.3% year-on-year, especially in daily banking and investment products. Net interest incomedeclined due to liability margin pressure. • Net release of risk costs following an update of macroeconomic indicators. Expenses remained under control. • Shareholder distribution of €3,618 million after 30 September 2021. More customers choose ING...

Payoneer Expands Leadership Team with Appointment of Chief Revenue Officer Robert Clarkson

4 years 11 months ago
E-Commerce, Payments, People Moves

Payoneer Global Inc., the commerce technology company powering payments and growth for the new global economy, today announced the appointment of Robert Clarkson to a new leadership role as Chief Revenue Officer.

Citi Blurs the Line Between Credit Cards and BNPL Solutions with New Spot Card

4 years 11 months ago
Credit Cards, Banking

A Story of Call Monitoring and Compliance Efficiency for Zoom Content

4 years 11 months ago
Security, Compliance

By Devin Redmond, CEO and Co-Founder of Theta Lake

OFG Bancorp Invests $3 Million in Nymbus

4 years 11 months ago
Lending, Banking

NYMBUS®, a leading provider of banking technology solutions, today announced a $3 million financing round led by OFG Ventures, LLC, a subsidiary of OFG Bancorp [NYSE: OFG].