Royal Bank of Canada and Borealis AI announce new AI private cloud platform, developed with Red Hat and NVIDIA
- 5 years 8 months ago
- Artificial Intelligence, Cloud
Royal Bank of Canada (RBC) and its AI research institute Borealis AI have partnered with Red Hat and NVIDIA to develop a new AI computing platform designed to transform the customer banking experience and help keep pace with rapid technology changes and evolving customer expectations.
FICO UK credit market report shows sharp fall in spending and monthly payments
- 5 years 8 months ago
- Covid-19, Payments, Banking
Global analytics software provider FICO today released its May 2020 analysis of UK card trends, which shows the impact of COVID-19 on the credit market. FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers, through its FICO® Benchmark Reporting Service. FICO’s analysis of May 2020 activity provides a clear picture of the impact of COVID-19.
Overbit announces five sketches series aimed at increasing crypto accessibility and adoption
- 5 years 8 months ago
- Cryptocurrencies
Overbit, a leading Bitcoin derivatives trading platform, has announced a new series of comedy sketches - aimed at highlighting the ease and accessibility of digital currency trading to the masses bringing comedy during the COVID-19 pandemic.
Hudson Fintech hires two senior executives for business development
- 5 years 8 months ago
- People Moves
Hudson Fintech, the London-based Capital Markets technology firm, today announced two senior appointments to support its growth strategy.
RAMSUN chooses MonetaGo’s Secure Financing solution for preventing double financing risk
- 5 years 8 months ago
- Risk Management
RAMSUN Network, India’s e-marketplace for Supply Chain Finance and other Supply Chain related solutions, has joined fintech MonetaGo’s Secure Financing Network. The RAMSUN Network facilitates easier and faster financing for small businesses, through its artificial intelligence-enabled technology solution. This allows multiple financiers to be part of Supply chain/Channel Finance ecosystem. India’s small business community faces ongoing...
Avaloq further expands London office with the appointment of Peter Lamberti as Strategic Sales Director
- 5 years 8 months ago
- People Moves
Avaloq, the global wealthtech leader, has further expanded its senior UK team with the appointment of Peter Lamberti to the role of Strategic Sales Director. He is based in London and will focus on developing strategic relationships, expanding Avaloq’s presence in the UK and also globally.
London Derivatives Exchange selects Exberry to deliver matching engine technology
- 5 years 8 months ago
- Trading Systems, Investment
Exberry, the exchange technology pioneer, has been appointed by London Derivatives Exchange (LDX) to provide matching engine technology. The new technology partnership will enable LDX to launch global markets and cover a wide spectrum of asset classes.
Infor and DBS Bank partner to integrate digital trade financing into global supply chains
- 5 years 8 months ago
- Trade Finance, Supply Chain Finance
Infor, a global leader in business cloud software specialized by industry, today announced that it is partnering with DBS Bank, Southeast Asia's largest bank, to integrate digital trade financing capabilities into the Infor Nexus global network of more than 68,000 businesses.
QuantaVerse’s AI-powered AML solutions secure highest possible ratings from independent model validation firm
- 5 years 8 months ago
- Artificial Intelligence, Security and Compliance, AML and KYC
QuantaVerse, which uses AI and machine learning to automate financial crime investigation processes, engaged an independent model validation firm to ensure the regulatory rigor of its AI and machine learning platform. Leveraging its proprietary modeling framework to thoroughly analyze QuantaVerse’s AI solutions, the firm delivered a comprehensive model validation.
Quantexa raises $64.7 million (£51.2m) in Series C round to drive hyper-growth in big data and analytics ecosystem
- 5 years 8 months ago
- Data
Quantexa – the contextual decision intelligence software company that empowers organisations to make better decisions – has today announced that it has closed a Series C round, raising a further $64.7 million (£51.2m) in funding.
Finzly simplifies consumer digital account opening process to advance modern banking experience
- 5 years 8 months ago
- Banking
As consumers increasingly leverage digital channels for their banking needs, Finzly, a modern fintech provider of banking applications for foreign exchange, trade finance, payments and digital banking, announced the availability of its contactless consumer digital account opening solutions that empower community financial institutions to deliver convenient, modern banking experiences to account holders while eliminating manual processing and...
Ant Group unveils new technology brand AntChain and all-in-one workstation AntChain Station for express blockchain deployment
- 5 years 8 months ago
- Blockchain, Payments
Ant Group, a leading provider of financial services technology, and the parent company of China’s largest mobile payments business Alipay, today officially launched AntChain, a new technology brand for the company’s blockchain-based solutions that also aggregates other digital technologies including AI, Internet of Things (IoT) and secure computation.
Change, efficiency and fraud: how payments professionals can help shape a better world
- 5 years 8 months ago
- Payments
Bottomline’s virtual media roundtable, hosted by the company’s Ed Adshead-Grant last month, gave three financial experts the chance to discuss the findings of the Bottomline Business Payments Barometer 2020 and their implications across the UK payments landscape. ********************************************** Box panel Gavin Maclean, Head of Cash Management and Payment Product, Lloyds Banking Group:
Maitland enhances AML compliance services in Luxembourg
- 5 years 8 months ago
- Compliance, AML and KYC
Maitland, the leading global advisory and fund administrator, has announced it is enhancing its AML regulatory compliance capabilities to meet rising demand among Luxembourg fund managers. Driving the need for outsourced compliance services in Luxembourg is the latest anti-money laundering (AML) guidance from the Commission de Surveillance du Secteur Financier (CSSF).
Eventus Systems appoints Joseph Schifano to new role of Global Head of Regulatory Affairs
- 5 years 8 months ago
- People Moves
Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced the appointment of Joseph Schifano as Global Head of Regulatory Affairs, Mikhail Gasiorowski as Sales Director, North America, and Diane Imas as Director of Marketing. Schifano is an attorney with more than 20 years of experience in market surveillance matters, most recently as Deputy General C
