Global Bank Consortium to Build New Pech Platform for Primary Markets
- 6 years 5 months ago
- Trading Systems
A group of leading financial institutions have come together to develop a new technology platform to streamline communications within the primary market. The backers of the new DirectBooks platform include Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo. DirectBooks aims to bridge the communications gap between underwriters and investors, allowing for more transparency and...
8th Swiss Payment Forum: Trends in the Financial Services Industry
- 6 years 5 months ago
- Payments
Switzerland, October 2019 – The financial services industry is in a state of upheaval: banks are in the midst of digital transformation and the cooperation between banks and fintech companies is creating new networked ecosystems. As a result, banks today have the opportunity to generate added value for their customers with innovative digital services and to strengthen customer loyalty.
ICS Financial Systems to Participate at Islamic Finance Week 2019 - AIFC
- 6 years 5 months ago
- Banking
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has participated in the Astana International Financial Centre (AIFC) - Islamic Finance Week’s third annual conference organized by the Bureau for Continuing Professional Development (BCPD), to showcase its awards-winning ICS BANKS ISLAMIC banking application, exchange intern
Path Solutions upgrades Maisarah’s core banking platform for enhanced performance
- 6 years 5 months ago
- Banking, Islamic Finance
Path Solutions, the global Islamic banking software company, today announced that Maisarah Islamic Banking Services of BankDhofar has successfully upgraded its core banking platform to the latest version of iMAL.
Intesa SanPaolo Buys Stake in Mobile Cash Startup MatiPay
- 6 years 5 months ago
- FinTech StartUps
Intesa Sanapolo has invested EUR7 million in MatiPay, which has developed a mobile payment system for purchasing services and products online with cash, using the physical network of vending machine banknote readers and coin acceptors.
OpenWay Improves Speed-to-Market for Acquirers With Its New Solution
- 6 years 5 months ago
- Payments
OpenWay, a global provider of top-ranked software for digital payments, has unveiled WAY4 Acquiring Start, an off-the-shelf acquiring solution. It helps banks, processors, PSPs, and retailers launch merchant acquiring – from idea to production – within a few months.
Revolut in Bid for $1.5 billion Debt and Equity Round
- 6 years 5 months ago
- Banking
Revolut has hired JPMorgan to oversee a $500 million equity raise and $1 billion convertible loan, in a move that would bring the total funding raised by the loss-making firm to almost $2 billion. The search for new capital comes just weeks after Revolut secured a global deal with Visa that would see the fintech move into 24 new markets and boost staff numbers to 3500. According to Sky News, which first reported on the upcoming funding round,...
Ethoca Wins Most Innovative Online Solution at the UK Fraud Awards 2019
- 6 years 5 months ago
- Fraud Detection
Ethoca, the leading provider of collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop ecommerce fraud and disputes, has won ‘Most Innovative Online Solution’ at the UK Fraud Awards 2019. Hosted by Retail Risk, the awards celebrate the best anti-fraud and security technologies on the market today. The winners were announced during the UK Fraud Awards Gala Dinner on Thursday October...
OTP Group Shifts Gears for Late-Stage Startup Programme
- 6 years 5 months ago
- Banking
Hungary's OTP Group is inviting late-stage startups to apply for a Group-wide pilot programme aimed at finding fresh applications for long-term commercial deployment at the bank.
ING Joins Dutch AI Taskforce
- 6 years 5 months ago
- Artificial Intelligence
ING has joined a taskforce to promote the development and acceptance of artificial intelligence technology in the Netherlands, part of a national initiative to halt a brain drain of talent to AI powerhouses like the US and China.
RBC Backs AI-based Climate Change Research
- 6 years 5 months ago
- Artificial Intelligence
Royal Bank of Canada (RBC) is backing a new academic research project using artificial intelligence to address climate change.
OpenPayd announces new Chief Product Officer and Chief Growth Officer
- 6 years 5 months ago
- Payments, Banking
OpenPayd today announces the appointment of Adam Bialy as Chief Product Officer and Sophie Guibaud as Chief Growth Officer. Sophie joins OpenPayd from Fidor, where she was appointed as Vice President of European Expansion in 2015, becoming Managing Director Europe in 2018. She began her career in investment banking before joining a growth capital fund. After launching HelloFresh, she led product strategy and commercialisation at Bankable, before...
Upgrade Launches Card
- 6 years 5 months ago
- Payments
Upgrade, Inc., a consumer credit platform that offers affordable and responsible loans, together with credit monitoring and education tools, today announced the launch of Upgrade Card. The new card offers the flexibility and convenience of a credit card accepted by millions of merchants, coupled with the lower cost and responsible use of credit of installment loans. Upgrade Card comes with a personal credit line of $500 to $50,000.
Solactive releases new issuer-level screened Green Bond Index and partners with Lyxor for the launch of a new Green Bond ETF
- 6 years 5 months ago
- Data
The green bond market has grown massively, and green bond investors’ needs are evolving all the time. Back in 2014, when Solactive established its first Green Bond Index, only 14 bonds were eligible for inclusion. Today, it includes 319 bonds (as at 02/10/2019). This index now also serves as the basis of Solactive’s first ESG-screened green bond Index – Solactive Green ESG Bond EUR USD IG TR Index. Both indices place a unique emphasis on...
TSB Opened New City of London Flagship Branch
- 6 years 5 months ago
- Retail Banking
TSB today celebrates the opening of its new and modern City of London flagship branch, which is located on one of London’s busiest high streets, at 55 Bow Bells House, Cheapside. TSB marked the special occasion with a ribbon cutting event attended by Sir Roger Gifford, local Alderman, and Alexander Barr, Common Councilman for Cordwainer Ward in the City of London.
