Koine Secures in-principal Approval in the UAE
- 6 years 1 month ago
- Custody
Koine is pleased to announce that it has been awarded in-principle approval (IPA) to provide custody in relation to Virtual Assets in the Abu Dhabi Global Market (ADGM). The IPA was granted by the Financial Services Regulatory Authority (FSRA) of ADGM. With a growing demand for institutional investment in virtual assets with the emerging growth of institutional investors in digital securities, Koine's regulated services will meet the needs of...
Life in Lockdown: Record numbers go online for essentials and experiences
- 6 years 1 month ago
- Covid-19, Payments, Banking, Security
Online shopping has outstripped all other forms of spending over the past month, with more than half of UK shoppers (57 per cent) saying they are shopping online more than ever and record numbers signing up to virtual experiences like home fitness classes, TV and film subscriptions and online learning during lockdown.
Survey: 82% of financial leaders see COVID-19 as slowing the pace of globalisation
- 6 years 1 month ago
- Covid-19
Responses from 183 senior leaders across firms based in Luxembourg’s financial centre – including a mix of global and local asset managers, banks, insurers and professional service providers – revealed that three quarters (74%) of them do not expect to see economic conditions normalise to pre-crisis levels for at least 1 year, and potentially 2 to 3 years.
New lenders accredited to British Business Bank Coronavirus Business Loan Schemes
- 6 years 1 month ago
- Covid-19, Lending
Today the British Business Bank has announced that it has approved two new lenders for accreditation to offer Covid-19 business loans to small businesses across the UK. Tide will join the other 16 lenders who have been accredited to the Bounce Back Loan Scheme (BBLS), since the scheme opened last week. Alternative finance lender Liberis has also been approved for accreditation by the British Business Bank under the Coronavirus Business...
Tide to deliver critical support to small businesses through Bounce Back Loan Scheme
- 6 years 1 month ago
- Banking
Tide Capital, the credit subsidiary of Tide, the UK’s leading business banking platform, has been accredited by the British Business Bank as a lender under the Bounce Back Loan Scheme (BBLS). This will allow the platform to offer term loans of between £2k and £50k to small businesses that are struggling financially as a result of the coronavirus crisis. As has been the case with other lenders accredited to deliver the BBLS, Tide is now working...
IX Reach announces a partnership with KevlinX for Internet Exchange and connectivity solutions
- 6 years 1 month ago
- Cloud, Data
IX Reach, a BSO company, leading global provider of cloud services, connectivity solutions and remote peering and KevlinX a technologically innovative provider of large scale, Tier III data centres in the key growth markets in Europe, announce a new and dynamic partnership. This partnership will enable KevlinX's wholesale, cloud and enterprise customers direct access to the full range of IX Reach's connectivity solutions.
CoinDCX partners with BitGo to secure Indian crypto trader funds
- 6 years 1 month ago
- Cryptocurrencies
CoinDCX, India’s largest and safest cryptocurrency exchange and liquidity aggregator, announces B itGo, the leader in digital asset financial services, as its custodian. As the custodian of CoinDCX, BitGo will provide the secure storage and custodianship of cryptocurrencies held on CoinDCX, fully insured and protected by BitGo’s $100 million insurance policy. CoinDCX began transferring assets to BitGo’s wallets last week.
52% of P2P investors keep the same volume of savings during the pandemic
- 6 years 1 month ago
- P2P Lending
52% of P2P investors keep the same volume of savings during the pandemic The results of a recent poll conducted by the European P2P platform Robo.cash show that just over a half of P2P investors remain calm towards their current savings during the pandemic and do not rush with decisions.
ICS Financial Systems named as Best Islamic Banking & Finance Technology Provider at 2020 Islamic Finance Awards
- 6 years 1 month ago
- Banking, Islamic Finance
The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards. The Islamic banking sector has been growing rapidly in recent times and it is certainly an area of the market that ICSFS has been supporting through its Shari’a compliant solutions.
Venafi to Acquire Jetstack to Accelerate and Secure Digital Transformation
- 6 years 1 month ago
- M&A Deals
Venafi®, the inventor and leading provider of machine identity protection, today announced a definitive agreement to acquire Jetstack, a global leader in open source machine identity protection software for Kubernetes and cloud native ecosystems. This acquisition is an industry first that will transform the way modern applications required by digital transformation are secured.
Sysnet Global Solutions Strengthens Senior Leadership Team
- 6 years 1 month ago
- Cybersecurity, People Moves
Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, has today announced several key appointments to its senior leadership team. Paul Prior has been appointed as Chief Product Officer, while Sandra Higgins has been appointed as Chief Marketing Officer and Lisa Grassick as Head of People.
Aegean Baltic Bank of Greece Selects Wolters Kluwer to Provide Integrated Risk and Regulatory Reporting Solution
- 6 years 1 month ago
- Banking
Aegean Baltic Bank of Greece (ABB) has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting and OneSumX for Risk Management as its integrated risk and regulatory reporting software solution, helping the bank to meet its Basel IV and CRD V obligations.
Freetrade raises over £4.5m in biggest equity crowdfund of 2020
- 6 years 1 month ago
- Investment, Crowdfunding
Following 500% growth in the past 12 months, Freetrade, the smart app that makes investing easy for everyone, has raised £4.5m from more than 5,000 people in just four hours. Working with Crowdcube, they exceeded the £1 million target in just 4:33 minutes and raised £3m from existing shareholders before opening the campaign to their customers. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year...
Fuze Expands Suite of Google Integrations with G Suite Add-On
- 6 years 1 month ago
- Cloud
Fuze, the leading cloud-based communications provider for the modern global enterprise, today announced a suite of Google product i
Tink technology enables multi-banking for Nordea’s Nordic app customers
- 6 years 1 month ago
- Open Banking
Open banking platform Tink and the leading Nordic bank Nordea have worked together to add new multi-banking features to Nordea’s mobile banking app. The new features will make it possible for Nordea’s app users to get a comprehensive overview of their finances in one place, including mortgage, savings, loans and current account — even from other banks.
