Paytm Closes in on $2bn Funding - FT
- 6 years 3 months ago
- Payments
Indian mobile payment giant Paytm is looking to raise $2 billion at a $15 billion valuation, according to the Financial Times. Existing investors Ant Financial and Softbank are likely to join a round that is expected to close within two months, says the FT, citing sources. The money will be used to help Paytm stay at the top in a market where its is facing competition from Google Pay, Walmart's PhonePe and the imminent arrival of Facebook's...
Mastercard’s Principles for Blockchain Partnerships
- 6 years 3 months ago
- Cryptocurrencies
Not a day goes by without a headline on cryptocurrency, distributed ledger and blockchain initiatives. This technology has undisputable potential and Mastercard, in line with our history of leaning into emerging tech to advance cash displacement and financial inclusion, has been working on blockchain related use cases for several years.
Home Bank Migrates to Baker Hill NextGen® Business Loan Origination, Adds CECL Functionality to Full Suite of Products
- 6 years 3 months ago
- Risk Management
Baker Hill, a leading financial technology provider, delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, announced that Lafayette, La.-based Home Bank has renewed its relationship with Baker Hill, including the addition of Baker Hill NextGen® CECL and Baker Hill NextGen® Business Loan Origination, to increase productivity and efficiency in the lending process and deliver an...
Fintech Company EBANX is the Newest Unicorn in Latin America
- 6 years 3 months ago
- Payments
EBANX, a payments fintech company headquartered in Brazil that connects global businesses to Latin American consumers, has raised a significant follow-on investment from FTV Capital, a US-based growth equity investment firm. The investment contributed to making the fintech company the newest unicorn of Latin America.
StormGain Has Launched Trading Signals for Crypto
- 6 years 3 months ago
- Trading Systems
The cryptocurrency platform StormGain, the official sponsor of the Newcastle United Football Club, has launched a trading signal service for its registered clients. Trading signals do not require special skills and are available to all StormGain traders. Simply open the “Markets” section in the StormGain application and select the appropriate cryptocurrency for trading.
DriveWealth Partners with Chaka, New Global Trading Platform in Nigeria, to Increase Access to U.S. Stock Market
- 6 years 3 months ago
- Digital Identity, Trading Systems
DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced today a new partnership with Chaka, a global trading platform based in Nigeria that launched Oct. 15. Chaka’s technology-enabled platform, offering customers access to Nigerian and global financial assets, is using the DriveWealth platform to provide Nigerian clients access to U.S. stocks.
Path Solutions holds the record for winning the same category for a 13th year at IFN Service Providers Poll 2019
- 6 years 3 months ago
- Islamic Finance, Financial
Path Solutions, the global provider of Islamic software solutions and services today announced that it was voted ‘Best Islamic Technology Provider’ at Islamic Finance news Service Providers Poll 2019.
Riskified research reveals disparity in expectations in PSD2 awareness between European retailers and shoppers
- 6 years 3 months ago
- E-Commerce
Leading eCommerce solution provider, Riskified, announced today a new European-wide study revealing a staggering disparity between retailers’ and online shoppers’ awareness of the Payment Services Directive 2 (PSD2).
Financial services firms lack confidence in their cyber security controls, according to Kroll’s annual Global Fraud and Risk Report
- 6 years 3 months ago
- Security, Cybersecurity, Fraud Detection
Financial services firms are least likely to have confidence in the effectiveness of their cyber security detection mechanisms compared to other sectors, according to new research from the latest Global Fraud and Risk Report released by Kroll, a division of Duff & Phelps, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions.
Marieke Saeij appointed as new Onguard CEO
- 6 years 3 months ago
- People Moves
Onguard, the fintech company that offers a platform which streamlines the entire order-to-cash process, has announced the appointment of Marieke Saeij as CEO, effective as of November 1st. Saeij has been the CTO at Onguard for three years and is the successor of Bert van der Zwan, who held the positions of Chairman of the Board and CEO for over four years. Van der Zwan will continue to be involved in several other boards within the portfolio of...
MDOTM and Raiffeisen Capital Managment partner on Artificial Intelligence and sustainable investing
- 6 years 3 months ago
- Artificial Intelligence
MDOTM, a leading provider in quantitative investment advisory services to institutional investors, and Raiffeisen Capital Management, one of Austria’s largest fund managers, announce a new strategic partnership. Thanks to this new initiative, the range of Raiffeisen Capital Management's sustainable funds will be used by MDOTM to offer to the market SRI investment solutions that benefit from the efficiency brought by AI technology in portfolio...
QuantHouse brings critical Historical Data on-Demand capabilities to the global algo trading community
- 6 years 3 months ago
- Trading Systems
QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced the launch of Historical Data on-Demand designed to dramatically speed up the research, development and backtesting phase of any trading strategy.
Horizon Software and ULTUMUS Extend their Partnership with Dividend Forecast Data
- 6 years 3 months ago
- Trading Systems
Horizon Software (Horizon), a leading provider of electronic trading solutions and algorithmic technology, and ULTUMUS, a provider of data services for index and ETF products, announced today they extended their partnership to enable the pricing, sourcing and trading of ETFs with a comprehensive dividend dataset integrated within the Horizon solution.
Ripple invests in Swedish start-up Towo Labs
- 6 years 3 months ago
- Payments, Cryptocurrencies
Towo Labs, a Swedish startup aimed at simplifying crypto self-custody, today announced a strategic investment from Xpring, Ripple’s developer initiative to build the internet of value. The investment will support Towo Labs’ development of hardware wallet firmware with support for all XRP Ledger (XRPL) transaction types and a trustless, non-custodial web interface to the XRP Ledger. Enabling All XRPL Transaction Types on Hardware Wallets
MITRE ATT&CK evaluation confirms F-Secure’s industry-leading capabilities in detecting advanced attacks
- 6 years 3 months ago
- Security
Cyber security provider F-Secure has successfully completed its first-round of the MITRE ATT&CK™ evaluation. The test assesses vendors’ endpoint detection and response (EDR) solutions against techniques used by advanced persistent threat (APT) groups. It confirms that F-Secure’s capabilities to detect advanced threats are among the best in the industry. Round one of the evaluation involved a scenario that pitted F-Secure’s EDR capabilities...
