LHV onboards one of the world’s fastest growing international money transfer companies: TransferGo
- 5 years 1 month ago
- Payments
LHV, the financial and payment services provider, is pleased to welcome London-based money transfer company TransferGo as its latest client. LHV will provide TransferGo, which is one of the world’s fastest growing money transfer companies, with payment infrastructure, providing access to real time Euro and Sterling payments via Single Euro Payment Area (‘SEPA’) Instant and Faster Payments schemes respectively.
Tink study: UK financial institutions amongst most positive in EU toward open banking
- 5 years 1 month ago
- Open Banking
New data published by open banking platform Tink reveals that financial institutions in the UK are embracing the open banking opportunity more readily than their European counterparts. The survey, based on 290 senior decision makers at financial institutions in 12 European countries, found that three quarters (74%) of UK financial institutions today say they are positive about open banking, compared to a European average of 61%.
GoCardless Launches Success+ its First Payment Intelligence Product for Recurring Payments
- 5 years 1 month ago
- Payments
GoCardless, the leading fintech for recurring payments, has launched its first payment intelligence product, Success+ to help businesses tackle the problems caused by failed payments. Failed payments are not only costly for businesses to collect, they also impact customer relationships and increase the risk of bad debt and customer churn.
Technology will be key differentiator in risk management according to new Aite Group study
- 5 years 1 month ago
- Risk Management
Digitalisation of risk technology will be a pivotal factor in the monitoring and management of risk during increasingly common periods of volatility and continuing market uncertainty, according to findings by Aite Group, a global research and advisory firm, and Torstone Technology, a leading provider of post-trade processing and risk management.
Blue Prism Leads Global Efforts in Helping Organizations Respond to COVID-19 Emergency
- 5 years 1 month ago
- Covid-19
Blue Prism’s COVID-19 Response Program is at the forefront of the pandemic crisis helping organizations maintain business continuity and assisting those on the front lines of the health emergency. Launched in mid-March, the program already encompasses nearly 50 projects across multiple industries, and has donated hundreds of Digital Workers (software licenses) and thousands of service hours, helping alleviate the disruption caused by COVID-19.
Blue Prism Secures £100 Million in New Funding
- 5 years 1 month ago
- Investment
Blue Prism announced today it has raised £100 million from existing and new investors, placing it in a strong position in the current economic climate. The funding will be used to further strengthen and protect Blue Prism’s balance sheet during a period of uncertainty for the wider economy, while allowing continued investment in the innovation of its dedicated enterprise intelligent automation suite.
Why ESG is more important now than ever
- 5 years 1 month ago
- Covid-19
Stakeholders need to survive, and these stakeholders are represented in ESG. The current pandemic is highlighting this fact with significant E, S and G related decisions being made daily including everything from executive pay, dividends and share buybacks, to employee healthcare, employee lay-offs, and even food insecurity.
Cloud-computing solutions can help significantly to reduce banking costs in Africa
- 5 years 1 month ago
- Banking, Cloud
More than 700 million Africans lack access to a bank or mobile money account and only 41% of Africans are financially included. This is due to the high cost of providing financial services in Africa which forces many financial services providers to remain focused on serving wealthier customers.
Bokio announces €7.4M investment and joins forces with competitor, Red Flag, to create the leading accountancy and business administration platform for European SMEs and self-employed
- 5 years 1 month ago
- Artificial Intelligence, Accounting
Bokio (www.bokio.co.uk), the Gothenburg-born fintech behind an AI-driven accounting software for SMEs and self-employed, today announces that it has merged with Stockholm-based competitor, Red Flag (www.redflag.se).
University of Oxford and Mastercard collaborate to launch course for senior executives
- 5 years 1 month ago
- Payments, Security, IT Innovations, Risk Management
SaïdBusiness School, University of Oxford and Mastercard today announce the launch of anew Oxford Cyber Futures online programme aimed at equipping senior executives to address new cyber risks and opportunities – among the most significant industrial and societal challenges of the 21stcentury – using next-generation learning tools.
IBM and Fenergo Join Forces To Fight Financial Crime
- 5 years 1 month ago
- Financial
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, and IBM (NYSE: IBM) today announced the signing of an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients better manage the multitude of financial risks they may face.
Quantile Continues To Operate Without Disruption By Leveraging AWS
- 5 years 1 month ago
- Cloud
Quantile Technologies (Quantile), a leading provider of multilateral optimisation services, today announced that its early adoption of cloud technology has ensured the continued operation of its interest rate compression and margin optimisation services, which are fundamental to reducing risk and improving liquidity in the global derivatives markets.
Yemen’s Fastest Growing Bank Selects Temenos
- 5 years 1 month ago
- Open Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced that Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace its legacy IT systems and deploy a single, cloud-native, cloud-agnostic digital banking platform to underpin its banking operations. KIB is one of the Yemen’s top 5 banks, with 1.2 million customers and it aims to reach 5 million customers by 2023.
ZUBR’s Crypto Derivatives Platform Enables Faster Access to Leading Exchanges with Avelacom
- 5 years 1 month ago
- Trading Systems
ZUBR, the arbitrage hub for digital asset derivatives, has selected Avelacom to provide low latency and resilient connectivity services across major cryptocurrency markets in Europe and APAC. Through Avelacom’s network, the ZUBR platform will be able to offer its clients direct connectivity to crypto exchanges, as well as the ability to easily scale its ecosystem and connect clients through AWS, Alibaba, Google and Microsoft Azure clouds to...
daVinci Payments Brings Video, Behavior Offers and Loyalty Enrollment to Payments with Brand Accelerator
- 5 years 1 month ago
- Payments, Cloud
daVinci Payments announced the launch of Brand Accelerator, a first-of-its-kind Software-as-a-Service (SaaS) platform designed to make payments a seamless branded experience for recipients—from beginning to beyond the point of payment. The launch of Brand Accelerator demonstrates daVinci’s commitment to offering branded payments that generate greater value through enhanced engagement.
