Robinhood's Revenue Increased By 514% YoY- $682M In 2020
- 5 years 1 month ago
- Trading Systems, Investment
The FinTech industry is one of the fastest-growing industries despite the effects of COVID-19 slowing down its momentum. One of the more recent successes to come out of the FinTech industry is Robinhood Markets, Inc. or simply known as Robinhood. The company was founded in 2013 and officially launched its mobile-app that allowed investors to invest in commission-free trades of stocks and exchange-traded funds in 2015.
Mobile Technology: The Gateway to Improving Credit Collections And Customer Engagement
- 5 years 1 month ago
- Payments, e-Payments
A new survey from digital payments expert, PayPoint, confirms that today’s consumers are ready and waiting for immediate, transparent and flexible payment tools to help them manage their financial commitments. Email and SMS as a means of communication far outweigh the traditional ‘letter in the post’ or a phone call – and importantly, a regular, timely digital nudge from finance providers would be welcomed by the majority to ensure they keep on...
Goode Intelligence Research Reveals That Global Biometric Payments to The Value of $5.765 Trillion Will be Made Annually by 2026
- 5 years 1 month ago
- Payments
Goode Intelligence’s (www.goodeintelligence.com) latest research, Biometrics for Payments; Market and Technology Analysis, Adoption Strategies and Forecasts 2021-2026 – 3rd Edition, reveals that biometrics is now a must-have technology to secure payments across all payment channels – not just mobile – enabling convenient, secure and touchless payments in both physical and digital payment channels. The impact from the Covid-19 pandemic on the...
Surecomp’s Cloud-Based Digital Trade Finance Solution Is Deployed by Banco Internacional in Ecuador
- 5 years 1 month ago
- Banking, Corporate, Treasury
Surecomp®, the leading provider of global trade finance and treasury solutions for banks and corporates, today announced that Banco Internacional has chosen to enhance its end-to-end trade finance process by deploying Surecomp’s cloud-based Trade Finance as-a-Service (TFaaS).
Nationwide Building Society Renews Strategic Partnership with TCS to Strengthen Agility and Operational Resilience
- 5 years 1 month ago
- M&A Deals
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that it has renewed its strategic partnership and services footprint with Nationwide Building Society, the world’s largest building society and one of the largest savings and mortgage providers in the UK, to help strengthen the latter’s enterprise agility and operational resilience.
CISI announces 2021 Educational Trust Awards totalling £14,000
- 5 years 1 month ago
- Investment
The Chartered Institute for Securities & Investment (CISI) is delighted to announce that 22 students have received the CISI 2021 Educational Trust Awards. The CISI Educational Trust Awards annually celebrate achievement amongst students studying CISI accredited courses around the UK, at both undergraduate and postgraduate level. The winners received a combined total of £14,000.
Synechron and Unqork Partner to Accelerate Digital Initiatives for Insurance Services
- 5 years 1 month ago
- Banking
Synechron Inc., a leading digital transformation consulting firm focused exclusively on the financial services industry, today announced its new partnership with
ACU Launches a Gold Token Based on Blockchain Technology
- 5 years 1 month ago
- Blockchain
In order to meet the needs of digital society for convenient and efficient gold trading, ACU Digital Limited recently launched ACUG token, combining traditional gold trading with blockchain. ACUG has an asset investment method which is anchored by physical gold and realized by blockchain technology. According to the recently released "Research Report on Current Situation Analysis and Investment Strategy of China's Gold Trial Production from 2020...
Shield Named on Financial Technologist ‘Most Influential Financial Technology Companies’ List for the Third Year in a Row
- 5 years 1 month ago
- Platform Technology, Compliance, Technical
Shield is proud to announce it has been named on The Financial Technologist ‘Most Influential Financial Technology Companies 2021’ list, the third time in a row that it has been recognised.
UK Businesses Prepared to Spend a Third of Their Annual Budget on a Payments Solution But Confused by Options
- 5 years 1 month ago
- Payments
Tug, a leading digital performance marketing agency, today announced new research which reveals UK businesses are prepared to spend a third (35%) of their annual budget on a payments solution in 2021, but are unsure or confused by the different options available online.
Colt Deepens Ties With IBM to Accelerate Adoption of Edge Computing
- 5 years 1 month ago
- Data
Colt Technology Services, a leading provider of global high bandwidth connectivity solutions, and IBM [NYSE:IBM] today announced an extension of their existing partnership to include IBM Cloud Satellite on the Colt edge platform.
Accelerex Offers Ghanaian Customers More Digital Payment Options
- 5 years 1 month ago
- Payments
Leading pan-African fintech company, Accelerex Ghana (www.GlobalAccelerex.com.gh), has hit a new milestone, after being granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG), under the Payment Systems and Services Act, 2019 (Act 987). This makes Accelerex Ghana the only fintech organization currently within the enhanced PSP category that provides physical e-payment devices, merchant acquiring, and agency banking...
BUNA Continues to Grow Its Diversified Set of Innovative Solutions and Announces Plans to Launch Instant Payments and Trade Finance
- 5 years 1 month ago
- Payments
Abu Dhabi and London, March 30, 2021 - Buna, the cross-border and multi-currency payment system owned by the Arab Monetary Fund, has announced that it has plans to launch instant payments, in addition to trade finance solutions, securities settlement and ATM/ POS processing service, at a later stage. This growing list of innovative solutions will complement Buna’s current offering of multi-currency cross-border interbank payments, commercial...
Online Extortion, Data Theft Gain Traction Among Cyber Criminals
- 5 years 1 month ago
- Security
Data-stealing ransomware attacks, information harvesting malware, and supply chain attacks are among the critical threats to organizations highlighted in an attack landscape update published today by cyber security provider F-Secure.
Less Than Half of Financial Services Sector Has Diversity Targets in Place
- 5 years 1 month ago
- Non-Financials
New research has revealed that the majority of financial services businesses are still failing to take effective action to improve their diversity and inclusion, despite growing awareness of diversity issues across the sector.
