Fiserv to Deepen and Expand Merchant Services Business with Acquisition of MerchantPro Express
- 6 years 4 months ago
- Payments, M&A Deals
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, today announced that it has acquired MerchantPro Express as part of a broader strategy to expand the Fiserv merchant services b
Klarna and Ant Financial Group announce investment to fuel global cooperation
- 6 years 4 months ago
- Investment
Klarna, a leading global payments and shopping provider, is pleased to announce that Ant Financial Services Group, owner and operator of the world’s leading payments and lifestyle platform Alipay, has taken a minority stake in Klarna, as the two companies deepen their partnership to bring more innovative and convenient financial services to consumers worldwide.
State Street Global Advisors Announces Appointment of Kim Hochfeld as Global Head of Cash Business
- 6 years 4 months ago
- People Moves
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the appointment of Kim Hochfeld as a senior managing director and global head of the firm’s cash business, within the Global Institutional Group. (Photo available) Hochfeld, who has over 25 years of experience and will join the firm in Q1 2020, was most recently with Morgan Stanley Investment Management where she was a managing...
Spotcap powers Cembra Money Bank’s first business offering
- 6 years 4 months ago
- Banking
Spotcap, a multinational fintech, and Cembra Money Bank have partnered to launch a new digital lending service for Swiss small and medium-sized enterprises (SMEs) named Cembra Business.
Avaloq partners with ABAKA to deliver AI-powered digital banking solutions
- 6 years 4 months ago
- Artificial Intelligence, Banking
ABAKA and Avaloq have announced a strategic partnership where ABAKA will join the Avaloq.one Ecosystem to collaborate on building new AI platforms and digital solutions for client banks of Avaloq around the world. This latest addition to the ecosystem follows ABAKA’s successful Series A funding round which saw the firm raise USD 6.5 million – one of the biggest investments in technology for the pensions and retirement market.
Mashreq Bank and DIFC Launch Instant Bank Account Opening With The Region’s First KYC Blockchain Platform
- 6 years 4 months ago
- Blockchain
Dubai International Financial Centre (DIFC) and Mashreq today announced the region’s first blockchain data sharing platform, now live in production, to support licensed businesses and corporates opening digital bank accounts instantly.
Coronavirus crisis sees UK investor buy £1m of Swiss gold by smartphone
- 6 years 4 months ago
- Investment
With gold prices jumping in February as the stock market tumbled amid the worsening coronavirus crisis, one UK investor used their smartphone to buy almost £1 million of gold in one trade, a new record for market-leader BullionVault's mobile apps. Total activity both online and by smartphone rose to its strongest since Donald Trump won the White House in November 2016, with the value of client bullion – stored and insured in each user's choice...
NatWest reaffirms support for UK businesses by removing monthly current account fee
- 6 years 4 months ago
- Banking
NatWest has today reaffirmed its commitment to supporting UK SMEs by removing the minimum monthly fee from its Business account and launching its free ‘Business Builder’ digital coaching programme for start-ups and entrepreneurs,
SmartStream and Luxoft Form Global Alliance to Help Financial Institutions Digitally Transform the Post-Trade Lifecycle
- 6 years 4 months ago
- Transaction Banking
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, and Luxoft, a DXC Technology Company (NYSE: DXC), today announced an agreement to help financial institutions digitally transform the entire post-trade lifecycle, enabling more efficient, streamlined an
London Blockchain Firms Raise over $500 Million in Equity Funding since 2013
- 6 years 4 months ago
- Blockchain, FinTech StartUps
Analysis of global startup hubs by Outlier Ventures, as part of London Blockchain Week has revealed that London may be one of the most preferred hubs for blockchain start-ups to headquarter themselves. A remarkable 450 blockchain companies call London home. Inflow of talent from the EU (prior to Brexit), low barriers to company incorporation and active involvement of the FCA combined with the broader fintech ecosystem around London is...
Sambat Finance Partners with TurnKey Lender to digitally transform their lending business
- 6 years 4 months ago
- Artificial Intelligence, SaaS
TurnKey Lender, an award-winning provider of decision management and lending automation solutions, has closed a deal with the leading financial institution in Cambodia, SAMBAT Finance.
Miranda McLean nominated for ‘Woman of the Year – Creditor’
- 6 years 4 months ago
- Banking
Miranda McLean, Senior Director and Global Head of Marketing at Banking Circle has been listed as a finalist in the Women in Credit Awards, from Credit Strategy. Now in their third year, the Women in Credit Awards are the only awards programme dedicated to recognising and championing the inspirational work of women from across the credit and financial services industry. Winners will be announced at a gala dinner hosted by stand-up comedian,...
Evarvest Selects Judopay to Improve Financial Inclusion Among Investors
- 6 years 4 months ago
- Payments
Judopay, a leading mobile-first payment provider, has today announced its partnership with Evarvest, a Lithuania-based start-up providing an easy to use, transparent and low cost way to access global stock markets, to deliver a frictionless and best-in-class payment experience for its mobile app investors.
Sopra Steria acquires experience design consultancy cxpartners
- 6 years 4 months ago
- M&A Deals
Sopra Steria (SSL), specialists in digital transformation services, announced today it has completed its acquisition of cxpartners, the industry leading consultancy specialising in customer experience and user-centred design. This is a strategic move in response to an industry need to put the customer at the heart of digital services. It will both expand Sopra Steria’s customer experience offerings and magnify cxpartners’ capabilities.
