Cybersecurity Hub Keeping Businesses Safe Online
- 5 years 4 months ago
- Security, Cybersecurity
With the cost of cybercrime in Europe rising to an average of €50,000 per incident – up from €10,000 the previous year – an attack can be very expensive for small to medium-sized businesses with limited resources.
SEI Drives Global Momentum in Wealth Management Market
- 5 years 4 months ago
- Banking
SEI (NASDAQ:SEIC) today announced significant global momentum in its Private Banking business with seven new SEI Wealth PlatformSM (SWP) client agreements, another seven client implementations and 26 long-term recontract agreements with existing SWP and TRUST 3000® clients in the last 12 months. SWP and TRUST3000 are part of SEI’s Global Wealth Management Services business, comprised of market-leading, innovative solutions designed to support...
SunTec’s Award-Winning Platform, Xelerate, is Now Available on IBM Z® and IBM LinuxONE
- 5 years 4 months ago
- Banking
SunTec, the world’s #1 relationship-based pricing and billing company, has announced that their award-winning platform Xelerate is now available on IBM Z and IBM LinuxONE, the enterprise platform for mission-critical applications. This will allow large banks that host much of their applications and operational data on IBM Z to rapidly and non-intrusively enhance the capabilities of their legacy core systems, to deliver contextual and hyper-...
TrustBills Appoints Dr. Oliver Reiss as Third Managing Director
- 5 years 4 months ago
- People Moves
The Hamburg-based FinTech TrustBills is expanding its management team. As of April, Dr. Oliver Reiss will take on the dual function of CFO/COO as third Managing Director. The appointment not only underlines TrustBills’ consistent growth path, but also the ambition of the Hamburg-based company to develop further business areas with its digital receivables trading platform.
BMLL wins Coveted The Trade News Award for ‘Best Data and Analytics Innovation’
- 5 years 4 months ago
- Data, Financial
We are delighted to announce that BMLL Technologies won The Trade News ‘Editors’ Choice & Fintech Award’ for ‘Best Data and Analytics Innovation’ during the 2021 Leaders in Trading Event, held on 17 March 2021.
MODIFI Announces New 60M USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111M USD to Fuel Global Expansion
- 5 years 4 months ago
- Trading Systems, Payments
Global fintech MODIFI announces a new 60m USD debt facility with Silicon Valley Bank (SVB), bringing its total raised capital to 111m USD. The facility from SVB's German Branch will be used to address increasing demand in existing markets, as well as fuel MODIFI's continuing growth and finance buyers and sellers in new geographies, particularly the US.
HPS and Utimaco Enter Into a Strategic Partnership
- 5 years 4 months ago
- Payments, Cybersecurity, Compliance
HPS, the leading global provider of payment solutions, today announced a new partnership with Utimaco, a leading global provider of IT security solutions. As part of the partnership, HPS has integrated Utimaco’s hardware security module Atalla AT1000 into PowerCARD, HPS’ comprehensive suite of solutions that covers the entire payment value chain.
Gresham Strengthens UK and European Team With Harvey Colborne Appointment
- 5 years 4 months ago
- Banking, Data, People Moves
Leading global fintech Gresham Technologies plc (Gresham) that specialises in providing solutions for data integrity and control, banking integration, and payments and cash management, today announced that it has appointed Harvey Colborne to lead business development and sales across the UK and Ireland.
Avaloq Announces Leadership Change
- 5 years 4 months ago
- Banking, People Moves
Juerg Hunziker is stepping down as CEO on 31 March 2021. He joined Avaloq in 2016 and assumed the CEO role in 2018. Armed with 30 years of experience in developing financial technology companies, he transformed Avaloq from a founder-driven firm to a mature, scalable business. His efforts culminated in Avaloq’s acquisition by NEC at the end of last year. Following his personal decision to withdraw from the CEO role at the end of March 2021, he...
UK Businesses See Software Developers as Crucial to Pandemic Recovery, but Aren’t Using Them Strategically, Finds Twilio
- 5 years 4 months ago
- Cloud, Data
Twilio (NYSE: TWLO), the leading cloud communications platform, today announced the results of a survey uncovering businesses’ perception of software developers and the importance of technology in UK companies’ survival during the pandemic.
Enfuce raises €7M in Series B Funding Round Led by Tencent and Appoints Dr. Ling Ge to the Board of Directors
- 5 years 4 months ago
- Payments, People Moves
Tencent backs payment services innovator Enfuce in Series B funding round and appoints Dr. Ling Ge, Chief European Representative at Tencent, to Enfuce’s Board of Directors for strategic guidance as the Nordic fintech scales to Europe as well as globally. Nordic-based card issuing and payment processing services pioneer Enfuce has raised €7M in Series B funding led by Tencent’s €5M investment, welcoming the strong global VC with a diverse...
EPA Champions Open Access to Bank Accounts With Release of New Guidance
- 5 years 4 months ago
- Payments
The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its updated guidance, EPA’s Guide to Payment Account Providers: 2021 edition, in partnership with the Association of Foreign Exchange and Payment Companies, to continue its work of campaigning for i
Tyr Capital Doubles Down on Security with Latest Copper Integration
- 5 years 4 months ago
- Security
Tyr Capital, an industry-leading cryptocurrency hedge fund, has integrated with Copper, a London-based digital asset infrastructure provider, in order to elevate its security and investor confidence features with innovative, top-end technology. Investors placing funds with Tyr will be guaranteed greater security by Copper’s proprietary technology, which reinforces sophisticated internal processes with further protection against human error,...
Quanthouse Welcomes MarketFactory FX Platform Onto its qh API Ecosystem Store Delivering Global Access to More Than 90 FX Destinations Through One Single API
- 5 years 4 months ago
- APIs, Data
QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that in response to increasing demand for access to foreign exchange venues and global exchanges, MarketFactory’s API based solutions are available on the qh API
Bitex Partners with Onfido for Instant and Secure KYC for Crypto Investors
- 5 years 4 months ago
- Artificial Intelligence, Cryptocurrencies
With volatility emerging as a major concern around digital assets like Bitcoins, implementation of strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures have gained significance. To provide instant and secure KYC for its exchange and wallet, Cryptocurrency Exchange Bitex has partnered with Artificial Intelligence (AI) powered global identity verification and authentication platform Onfido.
