Konexo, Grant Thornton UK LLP and DXC Technology Announce Collaboration to Focus on IBOR Transition challenges
- 6 years 1 week ago
- Security and Compliance
Unique global alternative legal and compliance services provider, Konexo, a division of Eversheds Sutherland, has forged an innovative and strategic collaboration with leading business and financial adviser Grant Thornton UK LLP and DXC Technology to provide an integrated solution to the Interbank Offered Rates (IBOR) transition. The evolving IBOR transition is amongst the most critical business, risk, legal and market driven change programs...
Ubisecure Launches KYC
- 6 years 1 week ago
- Banking
Global Legal Entity Identifier Foundation (GLEIF)-accredited Legal Entity Identifier (LEI) issuer, Ubisecure, today announced a new LEI-based Pilot via its RapidLEI service to bring banks easy access to, and management of, LEIs for Know Your Customer (KYC) and onboarding workflows.
F-Secure Releases New Version of Flash Drive-Sized Computer
- 6 years 1 week ago
- Cybersecurity
Cyber security provider F-Secure’s hardware security professionals at F-Secure Foundry have created a new version of the USB armory – a computer on a USB stick built from the ground up to be secure. The USB armory Mk II entrenches security in its lowest levels and is suitable for a wide range of applications – such as custom hardware security modules, cryptocurrency wallets, secure authentication and licensing tokens, and more – that need the...
NatWest appoints Rapid Cash CEO
- 6 years 1 week ago
- People Moves
NatWest has today appointed Julie Ashmore as CEO of its digital overdraft alternative Rapid Cash, as it bids to accelerate growth of its working capital venture throughout 2020. Ashmore joins NatWest from Growth Street, where she was Commerical Director for the peer to peer fintech lender. Prior to this, Ms Ashmore was Head of SME Lending at HSBC, has over 30 years’ experience working within the SME banking and finance market, and has also run...
DTCC Launches New API Marketplace to Transform How Clients Access Services
- 6 years 1 week ago
- Trading Systems, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of its Application Programming Interface (API) Marketplace (‘Marketplace’) to provide its clients, partners and internal developers with a single, central location for APIs developed by DTCC, streamlining access to services and improving the user experience.
Mercury FX boosts financial crime management capabilities with TruNarrative platform investment
- 6 years 1 week ago
- RegTech
London-headquartered global currency specialist Mercury FX has invested in cutting-edge platform from RegTech firm TruNarrative, to enhance its customer onboarding processes, regulatory compliance and financial crime prevention strategy. As a regulated firm, Mercury FX is required to perform a multitude of Know Your Customer (KYC) checks on companies and individuals they work with. Being a global business, Mercury must be able to onboard and...
Payments Infrastructure Builder Finix Raises $35m
- 6 years 1 week ago
- Payments
Payments infrastructure platform Finix, has raised $35 million in a Series B funding round led by Silicon Valley VC Sequoia.
AcadiaSoft and Clarus Team on Initial Margin Analytics Service
- 6 years 1 week ago
- Risk Management, Wholesale Banking
AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, today announced it will launch a joint initial margin analytics service with Clarus Financial Technology (FT). The service, enabled by AcadiaSoft’s Access application (part of AcadiaPlus), allows Clarus FT to provide clients with margin analytics, calculations and modeling for non-cleared Initial Margin (IM).
Veridium Rolls Out Facial Recognition Tech and Behavioural Biometrics Product
- 6 years 1 week ago
- Authentication Technology
Today, authentication platform Veridium launches its proprietary facial recognition technology, vFace.
Mode Unveils Bitcoin Buying App
- 6 years 1 week ago
- Cryptocurrencies
London-based fintech firm Mode, advised and backed by Twitter co-founder Biz Stone, has launched its Bitcoin banking mobile iOS app. This will make Bitcoin - the world’s most popular digital asset which many refer to as ‘digital gold’ - accessible to everyone at the touch of a button. The platform is available to users globally, except in the United States of America.
European Investment Bank and Azimo Sign EUR20 Million Debt Venture Deal
- 6 years 1 week ago
- Payments
The European Investment Bank (EIB) and Azimo, the European money transfer service, today announced a EUR 20 million debt agreement. The financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe. The loan will help Azimo accelerate its expansion, including the development of its proprietary automated payments platform. Currently, some 130 of Azimo’s 160 total staff are...
Bankable Announces Strategic Collaboration with Visa to Continue Growing Globally
- 6 years 1 week ago
- Payments, Banking
Bankable, the global architect of “Banking as a Service” solutions, today announced a strategic collaboration with Visa in the United States. Bankable aims to provide Visa’s U.S. clients, including corporate and financial institutions, access to its real-time and modular banking solutions, enabling them to deploy digital banking and faster payment services. To accommodate ongoing work in the U.S., Bankable is opening an office in New York, which...
CQG Partners with DVeX to Offer Front-End Platforms to New Cryptocurrency Exchange
- 6 years 1 week ago
- Trading Systems, Cryptocurrencies
CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced the establishment of a partnership with DVeX, a new cryptocurrency exchange built by and for institutional traders. The firms have collaborated to offer CQG front-end platforms to DVeX clients for cutting-edge trading tools and analytics, effective immediately.
Encompass receives £1.97m grant to develop AI tool for the financial services sector
- 6 years 1 week ago
- Artificial Intelligence
Glasgow-based regulatory technology (regtech) firm Encompass has received a £1.97m research and development (R&D) grant from Scottish Enterprise to develop an Artificial Intelligence (AI) Platform for its financial services clients, it was announced by First Minister Nicola Sturgeon today. The funding is part of a project with a total value of £4.9m, which will create 33 new high-value RegTech jobs in the city.
Cognizant Acquires Code Zero, a Leading Consultancy for Cloud-Based Configure-Price-Quote and Billing Solutions
- 6 years 1 week ago
- M&A Deals
Cognizant today announced it has acquired Code Zero Consulting, a privately-held provider of consulting and implementation services for cloud-based Configure-Price-Quote (CPQ) and billing solutions. The acquisition further strengthens Cognizant's cloud solutions portfolio and Salesforce CPQ and billing capabilities. Financial details were not disclosed.
