Finzly CEO Booshan Rengachari Named to U.S. Faster Payments Council’s Board Advisory Group
- 5 years 1 month ago
- Payments, Banking
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that the company’s CEO and founder, Booshan Rengachari, has been named a new member of the U.S. Faster Payments Council’s Board Advisory Group.
Contactless Payments to Double and Hit $1.6T Value by 2024
- 5 years 1 month ago
- Covid-19, Payments
The COVID-19 has given contactless payments technology the boost it needed for widespread global adoption, as consumers worldwide started avoiding cash in fear of spreading the virus.
Eventus Systems wins Best in RegTech for Second Consecutive Year in Markets Media’s 2021 Markets Choice Awards
- 5 years 1 month ago
- RegTech, Asset Management
Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, has won the award for Best in RegTech at Markets Media’s 2021 Markets Choice Awards. This is the firm’s second consecutive win in the category and the second major award win this month for Eventus.
QSuper Selects Matrix IDM’s Data Management Solution to Underpin Long-term Data Strategy Project
- 5 years 1 month ago
- Investment, Data Management
Matrix, the award-winning solution provider to asset owners and managers has been selected by QSuper, one of Australia’s largest superannuation funds. Matrix will provide a fully integrated data management solution across security, pricing, positions, accounts, risk, performance, and corporate actions data. QSuper manages AUD ~$106b in retirement savings for more than 600,000 Australians.
Raiffeisenbank Russia has Deployed AI Smart Engines ID Scanning Technologies for Customer Onboarding
- 5 years 1 month ago
- Artificial Intelligence, Banking
Raiffeisenbank Russia has integrated Smart Engines software for automatic passport recognition. Opening an account in bank branches with Smart ID Engine is now more comfortable with highly precise and fast data extraction. The technical solution based on Smart ID Engine works on-premise, which guarantees personal data security and privacy.
SEI Appoints Nigel Aston as Sales Director of Defined Contribution
- 5 years 1 month ago
- Investment, People Moves
SEI today announced that Nigel Aston has been appointed as Sales Director of Defined Contribution (DC) for SEI’s UK Institutional Group. Based in London, Aston will oversee SEI’s DC business development for the EMEA region, continuing to grow SEI’s Master Trust, the company’s DC governance solution.
Comment - 95% Mortgages
- 5 years 2 months ago
- Financial
Comment from Phil Bailey, Director at Twenty7Tec about the 95% market in terms of ESIS and searches: “It’s fair to say that the Government’s 95% guarantee scheme has reignited mortgage searches in that loan to value range.
Mizrahi-Tehafot Bank Selects Finastra to Support Cross-border Payments
- 5 years 2 months ago
- Payments, Financial
Finastra today announced that Mizrahi-Tehafot Bank, the third largest bank in Israel, has chosen its pre-packaged payments solution, Fusion Payments To Go. The solution, aimed at small and medium-sized banks looking to implement domestic and cross-border payment services, will enable the bank to offer its customers frictionless and immediate payments, with reduced, fixed implementation cost.
FSS Enhances Merchant Hub to Boost Business Efficiencies and Performance
- 5 years 2 months ago
- Management, Payments, Financial
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payment processor, announced new enhancements to FSS Merchant Hub to maximize the value of the acquirer ecosystem for merchants through support for new transactional journeys and superior merchant service.
SME Leaders Hopeful of Making Up Lost Revenue Caused by Covid-19 Within a Year
- 5 years 2 months ago
- Banking
SME leaders believe it will take on average 12 months for their businesses to make up for lost revenue caused by the COVID-19 pandemic, according to research revealed today by Nucleus Commercial Finance. Over half a million SMEs (590,000) say it will take between 10-12 months to make up the lost revenue caused by Covid-19 and 1.6 million say between 10 months and two years.1
Blackstone Commits up to $2.8 Billion to Acquire Controlling Stake in Mphasis; ADIA, UC Investments and Other Long-term Investors to Co-invest
- 5 years 2 months ago
- Investment, Technical
Blackstone today announced that private equity funds managed by Blackstone have entered into definitive agreements to acquire a majority stake in Mphasis Limited (NSE: MPHASIS). A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments and other long-term investors will co-invest along with Blackstone.
Mahir Zaimoglu to Join Banking Circle
- 5 years 2 months ago
- Banking, People Moves
Banking Circle, the tech-led licenced bank supporting the cross border flows of Payments businesses and Banks, has announced that Mahir Zaimoglu is joining senior management to, among other areas, assist with the strategic review of monetization options. Mahir joins with more than 20 years of experience in the financial industry, most recently as Managing Director and Head of Financial Sponsors M&A in EMEA for Goldman Sachs. Previously he...
Steeleye’s New AI-driven Lexicon Revolutionises Market Abuse Detection
- 5 years 2 months ago
- Artificial Intelligence, Compliance, Financial
Tightening regulations and growing volumes of communications channels has created a challenging operational landscape for compliance teams SteelEye’s new lexicon product monitors more than six times as many search terms than a standard lexicon for an unrivalled level of oversight, helping firms better identify signs of financial crime and market abuse Artificial Intelligence and context reading technology reduces inaccurate results (false...
J.P. Morgan Private Bank Inaugural Report on Businesses Powered by Women Reveals Striking Growth Despite Headwinds Due to Pandemic
- 5 years 2 months ago
- Banking
J.P. Morgan Private Bank today released the results of its first-ever Top 200 Female-Powered Businesses report analysing opportunities and challenges for UK women in businesses.
MVIS CryptoCompare Ethereum Benchmark Rate and MVIS CryptoCompare Bitcoin Benchmark Rate Licensed to 3iQ
- 5 years 2 months ago
- Bitcoins, Cryptocurrencies
MV Index Solutions GmbH (MVIS®) in partnership with CryptoCompare, the global leader in digital asset data, announced the licensing of the
