Survey by SIX Reveals Industry Need for Automated Corporate Actions Solutions
- 6 years 2 weeks ago
- Corporate
There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians, clearing houses and investment banks. The survey was carried out from April to June 2020 to analyse their current corporate actions’ operational and technology challenges and opportunities.
Banking Circle Launches ‘Payments on Behalf of’ to Improve Payments Transparency
- 6 years 2 weeks ago
- Payments, Compliance
Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solutions.
Banca Popolare di Sondrio Aims to Drive Digital Banking with Infovista’s Ipanema SD-WAN Technology
- 6 years 2 weeks ago
- Banking
Infovista, the leader in modern network and application performance, is helping one of Italy’s long established major banks, Banca Popolare di Sondrio, to deliver ground breaking digital innovations by leveraging Infovista’s Ipanema SD-WAN technology.
Profile Establishes “Profile Technologies SA” to Drive Investments in Innovation
- 6 years 2 weeks ago
- Investment
Profile Software, an international financial solutions provider, announced today the establishment of “Profile Technologies SA”, a wholly-owned subsidiary that will become a development center in Thessaloniki, Greece with a committed investment plan in excess of €5 mn for the next 3 years. The company has formed a fully functional and optimistic business plan aiming at becoming a model technology firm delivering innovation in Greece.
BlackRock Veteran Zion Hilelly Joins IHS Markit Financial Services Solutions Group
- 6 years 2 weeks ago
- People Moves
IHS Markit (NYSE: INFO), a world leader in critical information, analytics and expertise, has recruited Zion Hilelly as Managing Director, Head of Operations, Client Support and Service & Transformation for its Financial Services Solutions business.
SmartSearch ‘TripleCheck’ Sets a New Standard in AML Security
- 6 years 2 weeks ago
- Security, AML and KYC
Anti-money-laundering (AML) specialist SmartSearch has launched TripleCheck, a ground-breaking new digital Know Your Customer (KYC) and AML solution. TripleCheck combines three highly sophisticated verification methods to set a new standard in AML security. Level 1 – Identification and Verification with sanctions and PEP screening Level 1 is SmartSearch’s award-winning electronic identity verification.
Thunes Raises $60M in Series B Funding to Drive Global Growth
- 6 years 2 weeks ago
- Investment
Fintech startup Thunes, which operates a global B2B cross-border payments network, continues to attract investment as emerging markets take off. The latest Series B funding round sees Africa-focused Helios Investment Partners leading the US$60 million investment in the Singapore-based company. Additional investors include Checkout.com as well as existing investors GGV Capital and Future Shape.
Speechmatics & Nuix Partner to Bring Accurate Any-context Speech Recognition to Enterprise eDiscovery Teams
- 6 years 2 weeks ago
- Security, Compliance, Data, Risk Management
Speechmatics, a UK leader in any-context speech recognition technology today announces its partnership with Nuix, the creator of innovative software that transforms data into actionable intelligence. Together, Speechmatics and Nuix are bringing highly accurate, secure speech recognition technology to businesses through an end-to-end software solution.
Sumsub Teams Up With VALK to Help Secure the Process of Fundraising and Private Placement
- 6 years 2 weeks ago
- Compliance, AML and KYC
Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit to cover KYC/KYB/AML needs, today announces its partnership with VALK, a white-label end-to-end digital solution for private markets built on Corda. Sumsub has been tasked with automating KYC checks and ensuring compliance for VALK's users.
Small Businesses Must Re-evaluate Trading Horizons to Succeed Post-COVID
- 6 years 2 weeks ago
- Covid-19
A new study, commissioned by business bank Allica Bank, urges small businesses to re-evaluate their trading horizons, following the establishment of a clear link between overseas trade and SME performance. The study analysed data from over 1,000 companies and ranked their success on a scale that evaluated factors including productivity, growth, consistency and outlook.
Trulioo Expands Its Identity Verification Services to Pakistan
- 6 years 2 weeks ago
- Digital Identity
Trulioo, the leading global identity verification provider, announced that it is now able to verify consumers and business entities in Pakistan, the world's fifth-most populous country, through GlobalGateway, the largest identity verification marketplace.
African Money Transfer Boost as World Bank Aims for Full Digitalisation by 2030
- 6 years 2 weeks ago
- Money Transfers
In the wake of a 2019 report by the World Bank setting out plans to digitalise the entirety of Africa by 2030, UK-based money transfer provider Paysend has continued to strongly increase its digital coverage across Africa. Paysend will now allow its 2 million users to send money to new countries like Benin, Madagascar, Malawi, Mozambique, Niger, Uganda and Zambia. This will bring the total amount of countries to 18, covering 30% of the total...
Sage and Revolut Partner to Hand Back Three Weeks of Admin Time to SMEs
- 6 years 2 weeks ago
- Accounting
Sage, a market leader in cloud business management solutions, has collaborated with Revolut to add another seamless account integration to its new, award-winning* Sage Accounting software for small businesses.
Wirecard Card Solutions and Railsbank Sign Asset Sale Agreement
- 6 years 2 weeks ago
- Asset Management
Wirecard Card Solutions Limited today announces the signing of an asset purchase agreement with PayrNet Limited, a subsidiary of banking-as-a-service platform Railsbank, to sell its card technology and associated assets in the UK and to effect the transfer of client relationships and certain employees. This follows the signing of a term sheet and a productive meeting with Wirecard Card Solutions’ programme managers last month. It is expected...
Ebury and MarketFinance Partner to Accelerate CBILS Access Ahead of September Deadline
- 6 years 2 weeks ago
- Covid-19, Lending
As the Government’s CBILS initiative draws to a close this month, two British fintechs Ebury and MarketFinance, have joined forces to ensure SMEs across the UK are able to quickly access the emergency lending. MarketFinance will offer both its CBILS loans and revolving credit facilities to Ebury’s UK SME base to support them with their business finance needs.
