Mexican SMB Lender Konfio Lands $100 Million in Funding
- 6 years 5 months ago
- Artificial Intelligence
Mexican small business lender Konfio has completed a $100 million funding round led by SoftBank's Latin American fund. Vostok Emerging Finance also supported the funding round along with other existing investors QED and Kaszek Ventures. Founded in 2014, Konfio uses technology, data analytics, and artificial intelligence to provide funding for companies, many without any formal credit history.
Esma Proposes Development of Consolidated Tape for European Equities
- 6 years 5 months ago
- Regulatory Standards, Security
Europe's top securities regulator has recommended the establishment of a real-time consolidated ticker tape to improve transparency for equities across the EU's fragmented markets.
Yolt Chief Moves Back to ING
- 6 years 5 months ago
- Banking, People Moves
Frank Jan Risseeuw, CEO of account aggregation platform Yolt, is moving across to ING to take charge of the Dutch bank's 'Model Bank' strategy. One of the cornerstones of ING’s Think Forward Strategy projects, Risseeuw will lead the integration of four ING Retail countries to a new single banking platform.
Deloitte Predicts 'Japanification' of Banking in 2020s
- 6 years 5 months ago
- Retail Banking
Leaders of banks need to look beyond banking in anticipation of disruption to their industry in the next decade, according to Deloitte. In its '2020 banking and capital markets outlook' report, the Big Four firm highlights its forecasts for financial services in the next year and beyond. Deloitte's broad prediction for the next decade is that of a consolidated industry with fewer banks existing in ten years' time. Fintechs will become...
Keesing Technologies launches unique industry platform
- 6 years 5 months ago
- Digital Identity
Keesing Technologies, the leading global identity verification provider, announces the launch of Keesing Platform: the new online information source for and by anyone involved in the security document and identity management industry. The platform will replace one of the world’s most renowned magazines of the industry; the Keesing Journal of Documents & Identity (KJD&I).
Eventus Systems selects Itiviti’s Managed FIX Service for drop copy consolidation
- 6 years 5 months ago
- Trading Systems
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Eventus Systems, a multi-award winning global trade surveillance and market risk platform provider, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centers.
DriveWealth announced its first partnership in Thailand
- 6 years 5 months ago
- Trading Systems
DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced its first partnership in Thailand. The firm has teamed with Thailand’s leading online securities trading provider, SBI Thai Online Securities Co., Ltd. (SBITO), to bring local investors direct access to the U.S. stock market and their first opportunity to participate in fractional share trading.
d1g1t Strengthens Executive Leadership Team to Build Upon Sales Growth and Market Momentum
- 6 years 5 months ago
- Wealth Management
d1g1t Inc., the first provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, today announced the appointment of Dr. Andrew Aziz as Executive Vice President, Business Development and Kian Rafia to the role of Managing Director, Head of U.S. Distribution.
USAM Group Adds Powerhouse Fintech Duo to Client Roster
- 6 years 5 months ago
- FinTech StartUps
USAM Group, a global team of enterprise sales and marketing professionals that matches financial institutions with best-of-breed solutions from advanced information and technology vendors, is pleased to announce the addition of two complementary offerings to its rapidly growing roster of fintech solutions: HeliumTM by Levyx is system-level data processing software that delivers unparalleled capacity, automatic persistence, and incredible speed...
Airbnb EU payments base opens in Luxembourg
- 6 years 5 months ago
- Payments
Airbnb has officially announced that they are set to process EU payments through Luxembourg as of 2020, as a result of Britain’s departure from the European Union. The American private home rental platform, Airbnb, has announced that EU payments between hosts and guests will be processed through the Grand Duchy as of 2020. The company opened a subsidiary in Luxembourg at the end of last year and has now been granted a payment institution license...
WeOwn announces plan for new global, decentralised stock exchange
- 6 years 5 months ago
- Blockchain
WeOwn today announces that it is building WeExchange - a new global, decentralised stock exchange - to enhance its investment ecosystem for high-growth companies and everyday investors. The exchange will give SMEs access to new capital raising opportunities and provide investors with flexible access to equity in dynamic brands.
Computop POS terminals now compatible with treibauf Pepper interface
- 6 years 5 months ago
- Payments
Computop, a leading global payment processor, today announced that its highly secure card terminals are available with the EFTPOS integration interface, Pepper, from the Swiss software service provider treibauf. The Computop card readers can now be accessed via this interface by almost 100 common POS systems.
Tink cements its European foothold with expansion across Italy, Portugal and Spain
- 6 years 5 months ago
- Open Banking
Europe’s leading open banking platform Tink has ramped up its European expansion, boosting its physical and digital reach by launching its platform in Italy and Portugal, as well as opening new offices in Madrid and Milan. Since its launch in 2012, Tink has gone from strength to strength — growing its employee numbers from 20 in December 2016 to 270 globally in December 2019. The open banking platform gives access to financial data from 2,500...
CEO of Yolt moves across ING after four years of building award winning open banking scale-up
- 6 years 5 months ago
- Banking, M&A Deals
Today Yolt announces that its Chief Executive Officer, Frank Jan Risseeuw, will leave the company after building the brand from an innovation concept to the market leading, award-winning personal finance app, available in three markets in Europe. In his new role, Frank Jan will move to Madrid to lead another of ING’s ambitious change programmes, which will include integrating four of ING’s Retail countries into a new scalable banking platform.
Pancreta Bank to optimize regulatory compliance with Finastra
- 6 years 5 months ago
- Financial
Finastra today announced that Pancreta Cooperative Bank, a leading cooperative organization in Greece with more than 85,000 active members, has selected its Fusion Risk solution to automate regulatory reporting and minimize the cost of compliance.
