InRoads Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform
- 4 years 11 months ago
- Artificial Intelligence, Lending, Platform Technology
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and underwriting capabilities for new and prospective members.
Broadridge Onboards UBS onto Distributed Ledger Repo Platform
- 4 years 11 months ago
- Blockchain
Broadridge Financial Solutions, Inc, a global fintech leader, today announced that UBS has joined its transformative distributed ledger repo (DLR) platform.
LedgerEdge Selects Eventus Systems to Meet Global Trade Surveillance Needs for New DLT-based Corporate Bond Trading Platform
- 4 years 11 months ago
- Trading Systems, Risk Management
Validus platform gains further traction in fixed income Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that LedgerEdge, the new global corporate bond trading platform built on distributed ledger technology (DLT), has selected Validus as the real-time trade surveillance platform for all of its markets upon their launch.
Blockchain Companies hit $30.4B in Total Funding, a 44% Increase in a Year
- 4 years 11 months ago
- Blockchain, Cryptocurrencies
The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector's impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.
Atom Bank Reaches Key Income and Trading Milestones in Q1 2022
- 4 years 11 months ago
- Trading Systems, Banking
Atom bank, the Durham based Fintech, has made significant progress in the first quarter of its 2022 financial year passing several important income milestones. The Q1 results vindicate Atom’s business model and support a strong trajectory towards sustainable profitability. During the 3 months April to June 2021, Atom reached £3bn of mortgage completions, passed £1bn of deposits into its Instant Saver product, grew total customer deposits 16% to...
Kroll Launches New KYC Tool - Kroll Business Connect - to Enhance the Efficiency of Onboarding and KYC Checks
- 4 years 11 months ago
- Cloud, Compliance, AML and KYC, Risk Management
Kroll Business Connect allows compliance professionals to keep track of compliance requirements in a single, cloud-based platform Managers can assign automatic task reminders and notifications to ensure efficient task ownership The service is compatible with all compliance software or CRM systems
Almost 9 Million* People Never Check They are Getting the Best Deal on Regular Outgoings
- 4 years 11 months ago
- Money Transfers
Significant number of UK adults frequently missing out on best deals on their bills, by not comparing energy tariffs (18%), credit card deals (27%) or broadband offers (18%), as Yolt’s own proprietary user data1 demonstrates a significant rise in household spending One in five people (22%) are also ignoring bank statements, missing opportunities to reduce spending
Deutsche Telekom Trusts Coinbase Custody for its CELO Tokens
- 4 years 11 months ago
- Blockchain, Cryptocurrencies
Coinbase Custody has been selected by Deutsche Telekom as its trusted custodian for its CELO tokens – the native cryptocurrency of the Celo blockchain network. As the first telecommunications company in the world, Deutsche Telekom joins Celo to participate in the decentralized financial economy. Deutsche Telekom collaborates with Coinbase to stake its tokens to subsidiary T-Systems MMS.
Two Thirds of SME Leaders Anticipate Never Repaying Government Covid Support Loans
- 4 years 11 months ago
- Alternative Finance
Nearly one in 10 (9%) have defaulted on Covid loans before starting repayments Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes say it’s likely their business will default on the loan, according to new research1 from Nucleus Commercial Finance. This equates to 2.3 million SMEs who anticipate never repaying their loan.2
Crédit Agricole, Facebook, and Microsoft are the Most Impersonated Brands in URL Phishing Attacks
- 4 years 11 months ago
- Payments, Cybersecurity
Criminals continue to impersonate well-known brands to trick people into giving up their personal information.
Wahed Migrates to WealthKernel’s APIs to Support UK App Launch
- 4 years 11 months ago
- Investment, Wealth Management, Infrastructure
Halal-focused investment firm extends partnership with WealthKernel to use flexible investment APIs WealthKernel, a wealthtech provider for digital investment services, today announces that US halal and ethical focused investment firm, Wahed, has migrated its investment offering entirely to WealthKernel’s trusted APIs. Wahed initially partnered with WealthKernel in 2017 to utilise its white-label service and build the world's first automated...
Mastercard Incorporated Q2 2021 Earnings Conference Call Offered Fodder for Fintech Boom
- 4 years 11 months ago
- Blockchain, Cryptocurrencies
Soon after announcing the creation of a global startup engagement program dedicated to digital assets, blockchain, and cryptocurrency companies, Mastercard CEO Michael Miebach discussed the company’s fintech future on the company’s Q2 earnings call.
First FinTech Super App for SMEs in UK & Ireland Launches Funding Round
- 4 years 11 months ago
- E-Commerce, Payments, Banking
• Paysme launches £1 million funding round on Globacap platform • Paysme is a single platform that delivers FinTech services such as mobile payments, e commerce, digital banking, accounting, lending and insurance via a Super App • Paysme is designed to support the UK’s six million underserved SME companies
Better-than-expected US Nonfarm Payrolls Paves Way for Fed Tapering
- 4 years 12 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 12 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
