Stripe launches in Malaysia
- 6 years 3 months ago
- Retail Banking
Stripe, a global technology company that builds economic infrastructure for the internet, announced its official launch in Malaysia. Valued at USD35 billion, Stripe also announced a partnership with Payments Network Malaysia Sdn Bhd (PayNet) to make FPX available to businesses in the country.
NYMBUS Licenses NCR’s D3 Digital Banking Platform
- 6 years 3 months ago
- Banking
Rapid deployment and innovation are required in today’s digital banking market. Seventy-two percent of online-only bank users are now more likely to switch banks for better digital services.* NYMBUS licensed NCR’s D3 Digital Banking platform (D3) to provide comprehensive digital interactions in conjunction with its SmartCore® private cloud-based core processing platform. The combination of the NCR and NYMBUS platforms will allow financial...
Tide Raises £44.1 million in a First-Round of Series B Funding
- 6 years 3 months ago
- Banking
Tide, the leading digital business banking platform, has today announced it has raised £44.1 million (US$54.3 million) in a first-round of Series B funding*. The round was led by specialist fintech investment companies, The SBI Group and Augmentum Fintech plc (“Augmentum”). Japan-based The SBI Group is one of the world’s leading fintech investment companies, Augmentum is one of Europe’s leading fintech VCs and the UK’s only listed fund...
DTCC Exception Manager Growth Brings Efficiency and Cost Savings to Post-Trade Lifecycle
- 6 years 3 months ago
- Trading Systems, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Exception Manager platform has passed an important milestone, managing more than 2 million records related to 849,556 transactions/trades/exceptions and representing over $100 billion in market activity.
Kantox Provides Citi’s Commercial Bank with Enhanced FX Payments Connectivity for Corporate Clients in the United States
- 6 years 3 months ago
- Trading Systems, Payments
Kantox, a leader in FX management and payment solutions for businesses, announced today that it is providing Citi’s Commercial Bank with a seamless user experience for its foreign exchange (FX) clients in the United States through a customised solution that connects directly to Citi’s foreign currency payments platform. The software – part of Citi’s Dynamic Management Foreign Exchange (“DMFX”) initiative – also provides treasury automation for...
Temenos Recognized as One of the Best Places to Work in India
- 6 years 3 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, has been recognized as one of the best places to work in India out of 900 participating organizations by Great Place to Work®. Certification comes as a result of independent analysis carried out by the global research and consulting firm and highlights Temenos’ dedication to creating an outstanding workplace culture.
Wolters Kluwer Holds Annual Global Client Conference to Discuss Finance, Risk & Regulatory Reporting Trends
- 6 years 3 months ago
- Security and Compliance, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business is holding its annual Client Conference in Cascais, just outside Lisbon, this week. The event, which takes place between October 9th and 11th, brings together the firm’s valued clients globally to discuss finance, risk and regulatory reporting trends and challenges.
NatWest First UK Bank to Unveil Biometric Credit Card
- 6 years 3 months ago
- Payments
The first biometric fingerprint credit card issued by a UK bank begins its three-month national trial today. NatWest is piloting cutting-edge, biometric fingerprint technology with 150 customers, in partnership with Mastercard and Gemalto, a Thales Company. The bank has previously piloted biometric debit cards, but this will be the first-time credit cards have been issued. The biometric credit cards will offer contactless payments using...
Manual Contract Processing Costs Financial Services Companies £10 Million a Year
- 6 years 3 months ago
- Consultancy
Digital consultancy, 4C, has released new research today revealing financial services companies are losing millions of pounds due to manual processing of agreements. The average loss is over £10 million a year, while three in ten (31%) finance companies lose £1 million or more a year.
Mode Launching All-In-One App To Unleash Crypto’s Full Potential
- 6 years 3 months ago
- Banking
London-based fintech firm Mode has opened a waiting list for its soon-to-be-launched crypto banking mobile app, designed to make cryptocurrencies, and all their untapped financial benefits, accessible to everyone at the touch of a button. With its new product, Mode aims to bring down barriers and open up the world of cryptocurrencies to everyone, not just the tech-savvy and the traders. The Mode app will be an easy pathway for everyone else to...
Global Partner with Local Passion for Northern Powerhouse
- 6 years 3 months ago
- Consultancy
Business coaching giant, ActionCOACH, has become the latest official partner of the Northern Powerhouse, joining forces to boost the profile of the North as a key place to do business in the UK. ActionCOACH, the world’s largest business coaching firm, currently works with business owners from all over the region, supporting entrepreneurship, business growth, whilst creating employment, wealth and economic vibrancy. The partnership provides the...
Broadridge Adds Sisense Analytics to Buy-side Revenue and Expense Management Capabilities
- 6 years 3 months ago
- Asset Management, Wealth Management, Banking, Data
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and Sisense, a leading platform for analytics builders, announced the incorporation of Sisense’s embedded data analytics into Broadridge’s revenue and expense management application.
Worldline improves its position by becoming the 4th leading company of the Software and Services industry based on Sustainalytics assessment
- 6 years 3 months ago
- Transaction Banking, Payments
Worldline, European leader in the payments and transactional services industry, announces that it has gained one place in the Sustainalytics ranking and became the 4th out of the 229 companies assessed in the Software and Services industry. For the second year in a row, Sustainalytics has recognised the company’s leadership in sustainability-related matters by giving an overall ESG score of 78/100.
National Bank of Canada goes live on Murex’s Risk and Regulatory Suite
- 6 years 3 months ago
- Banking
National Bank of Canada (NBC), one of Canada’s six systemically important banks, has successfully implemented and is now live on Murex’s MX.3 Risk and Regulatory Suite. NBC is leveraging the full power of the MX.3 platform for capital markets risk management and to meet its regulatory responsibilities, including compliance with Basel 2.5. The project was sparked by three key factors: - An aging legacy system that was no longer able to...
Financial Industry Must Work Together To Fight Fraud
- 6 years 3 months ago
- FinTech StartUps
More than 60 delegates from the UK’s leading banks and other financial organisations have been told that the whole sector can work more closely together in order to stay one step ahead of fraudsters. That was one of the key messages shared at The 5th Annual Conference for Cheque Imaging & Remote Deposit Capture, which was held recently (Thursday 3rd October) in London.
