First Islamic Fintech Receives UK Regulator's Approval
- 7 years 2 weeks ago
- Banking
A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK. Yielders, an equity-based crowdfunding platform for UK property investment, was given the green light by the Financial Conduct Authority (FCA) in early April.
SEI Welcomes First Participants to London RegTech Incubator
- 7 years 2 weeks ago
- IT Innovations
SEI (NASDAQ:SEIC) today welcomed three new participants to Codify, the company’s new Regulation Technology (RegTech) incubator. Codify is the first London-based incubator designed solely for financial regulation technology developers. SEI’s incubator provides participants crucial business resources and development opportunities:
Mastercard to acquire VocaLink
- 7 years 2 weeks ago
- M&A Deals
Mastercard today commented on the UK’s Competition & Markets Authority’s decision that clears the way for the completion of the company’s planned acquisition of VocaLink Holdings Limited. The CMA gave final approval for the proposed set of remedies that address the competition concerns the CMA identified earlier this year. The deal is now expected to close in the coming weeks.
Starling Bank Unveils Developer Portal
- 7 years 2 weeks ago
- Banking
Today Starling Bank revealed its much anticipated Developer Portal and took the next step on its roadmap to building out its Marketplace Platform. Debuting for the launch of Innovate Finance 2017, Starling Bank’s Developer Portal enables third-parties to securely access customer data (with their permission, of course) and build on top of the Starling Platform using the mobile-only bank’s APIs (Application Programming Interface).
FSS Unveils Aadhaar Pay System in India
- 7 years 2 weeks ago
- Payments
FSS, the fintech and payments leader has introduced FSS Aadhaar Pay, to support the digital payment initiatives of the Government. It is a 12-digit unique identification number issued by the Indian government to every individual resident of India.
Mainfirst Migrated to Torstone Inferno
- 7 years 2 weeks ago
- Trading Systems, Security
Torstone Technology, the leading provider of post-trade securities and derivatives processing, today announces that MainFirst, the independent German headquartered European financial services firm, specialising in equity brokerage, capital markets and asset management, has completed the migration to Torstone’s middle and back office platform, Inferno.
Growth Street Unveils Major New Hires
- 7 years 2 weeks ago
- People Moves
Growth Street is glad to annunce that the following appointments have been done. Specifically, April Nardulli was appointed as General Counsel and Chris Weller was assigned a position of Commercial Director. April’s previous experience within London’s financial technology industry, most recently at RateSetter, should accelerate Growth Street’s ability to expand on its initial product offering to its customers.
Naqoda Introduces Core Banking Platform
- 7 years 2 weeks ago
- Banking, Infrastructure
Today Innovate Finance member Naqoda, financial software solutions and services provider, announced the release of its core banking software. Naqoda’s software will allow existing banks, challenger banks, retail entrants and others to quickly deliver an omnichannel banking experience to their customers and efficiently organise their day-to-day operations.
MainFirst Completed Migration To Torstone Inferno Platform
- 7 years 2 weeks ago
- Trading Systems, Derivatives and OTC Derivatives
Today Torstone Technology, the leading provider of post-trade securities and derivatives processing, unveils that MainFirst, the independent German headquartered European financial services firm, specialising in equity brokerage, capital markets and asset management, has completed the migration to Torstone’s middle and back office platform, Inferno.
Fulton Financial Corporation Renews Partnership With Fiserv
- 7 years 2 weeks ago
- Banking, Infrastructure
Today Fiserv, Inc., a global leader in providing financial services technology solutions, revealed that Fulton Financial Corporation, a bank holding company headquartered in Lancaster, Pennsylvania, has signed a long-term agreement to renew its relationship with Fiserv.
Wonga Data Breach Affected Nearly 250,000 UK Customers
- 7 years 2 weeks ago
- Security and Compliance, Security, Data
Wonga, the payday loan firm, has suffered a data breach which may have affected about 245,000 customers in the UK. The range of information stolen may include names, e-mail addresses, home addresses, phone numbers, bank account numbers, sort codes and the last four digits of customers’ card numbers. The firm has apologised for inconvenience it caused to its customers and offered support through a devoted phone line.
Mastercard Welcomes Latest Start Path Program Participants
- 7 years 2 weeks ago
- Payments, Banking
Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce. The program is open to startups who are rethinking banking and payments and have raised a significant seed or Series A round of investment.
BroadSoft Team-One: More than 100 Channel Partners Participate in Trials Worlwide
- 7 years 2 weeks ago
- Cloud
Today BroadSoft, Inc., a world market leader in cloud business software for unified communication, collaboration and contact center reported that more than 100 channel partners, serving millions of business customers across the world, are in trials with BroadSoft Team-One.
Fidessa awarded Best Front-Office Execution Platform in Waters Sell-side Technology Awards for the Third Time
- 7 years 2 weeks ago
- Trading Systems
Fidessa group plc (LSE: FDSA) today announced that it has been named Best Front-Office Execution Platform in the 2017 Waters Sell-side Technology Awards, the third consecutive win for Fidessa in this category. Recent years have seen the operating landscape change dramatically for market participants as a result of regulation, competitive pressures and increasing globalisation. In order to remain relevant in today's complex marketplace, brokers...
Lloyds Banking Group: Updates On FinTech Mentoring Scheme
- 7 years 2 weeks ago
- Banking, FinTech StartUps
Previousely, Lloyds Banking Group introduced a new mentoring scheme that sees FinTech start-ups benefit from the broad expertise of its colleagues from across the Group. Amongst other relationships, Innovate Finance helped to identity suitable start-ups to benefit from the scheme, which sees senior Lloyds Banking Group colleagues act as mentors to help FinTech start- ups develop their business and proposition by sharing expertise. The scheme...
