Deutsche Bank onboards Xceptor to automate core operational processes in Indonesia
- 6 years 5 months ago
- Banking
Xceptor provides AI-enabled data centric automation software to easily automate processes thereby driving productivity and operational efficiency. As part of this partnership, Xceptor will help to automate reconciliations with multiple external parties for the bank’s Securities Services business. Computation of various components of tax such as Capital Gains and Withholding tax will also be transformed with the use of Xceptor. The powerful...
Fintech Workforce to Expand 19% by 2030 Thanks to AI, Cambridge University Predicts
- 6 years 5 months ago
- Artificial Intelligence
In a recent report, the Cambridge Centre for Alternative Finance (CCAF) and the World Economic Forum (WEF) found that rather than observing AI as a single instrument for blanket application across the industry, AI can be viewed as a toolkit that is being used to tinker and build services in an abundance of ways to achieve a variety of objectives.
7-Eleven Trials Cashierless Store Concept
- 6 years 5 months ago
- Payments
7-Eleven, Inc. is pushing the technological envelope once again, testing a cashierless store at its corporate headquarters, in Irving, Texas.
Saxo Bank appoints Stig Christensen as new Chief Sales Officer
- 6 years 5 months ago
- Banking, People Moves
Saxo Bank, the leading fintech specialist focused on multi-asset trading and investment, today announces the appointment of Stig Christensen as Chief Sales Officer. Stig has served as Chief Human Resources Officer at Saxo Bank since 2016 and will continue to hold this position as well until a permanent replacement is found. His appointment follows the departure of Damian Bunce who has stepped down as Chief Commercial Officer. Kim Fournais,...
Hg invests in smartTrade to accelerate its growth
- 6 years 5 months ago
- Trading Systems
Hg, Europe’s leading software investor, today announced that it has entered into an agreement to acquire stakes from Keensight Capital and Pléiade Venture in smartTrade Technologies (“smartTrade”), a leader in multi-asset electronic trading solutions, headquartered in Aix-en-Provence, France. David VINCENT, CEO & co-Founder, and the smartTrade management team will remain invested in the business alongside Hg.
Altus and TISA launch online tool for firms to support vulnerable customers
- 6 years 5 months ago
- Financial
Altus, in partnership with TISA, has today launched an online self-assessment tool, the Vulnerability Radar, to help firms understand and identify how to support vulnerable customers. The Vulnerability Radar seeks to address growing concerns around the accessibility of financial services for vulnerable people. The FCA is currently consulting on guidance published in July 2019 to ensure consistency of outcomes for vulnerable consumers across the...
ICA Launches Specialist Certificate in Money Laundering Risk in New Technology
- 6 years 5 months ago
- Security and Compliance
The International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community, today launched the ICA Specialist Certificate in Money Laundering Risks in New Technology; a course designed to focus on the increasing impact of technology and the advantages it brings but also the ways in which it can be exploited by criminals.
Deutsche Bank renews partnership with SimCorp to deliver fund services across Asia Pacific
- 6 years 5 months ago
- Banking
SimCorp, a leading provider of investment management solutions and services to the global financial services industry and Deutsche Ba
First Global Launch of RS2’s new Direct Acquiring business in Latin America in partnership with Colombia’s MOViiRED
- 6 years 5 months ago
- Infrastructure
RS2 Group, the global payments processing and technology provider, has entered into a partnership agreement with MOViiRED Colombia. As part of this partnership, RS2 will launch its new direct acquiring business for the first time anywhere in the world. RS2’s direct acquiring service will have the capacity to acquire transactions in an omnichannel environment, including e-commerce, MOTO and point of sale transactions. Colombia is one of Latin...
Itiviti appoints Josh Monroe to lead Americas region
- 6 years 5 months ago
- People Moves
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced the appointment of Josh Monroe as Managing Director, Head of Americas region. An accomplished sales executive and recognized sales coach who brings more than 15 years of financial industry experience to Itiviti, Josh joins Itiviti from Ned Davis Research, where he held the position as Global Head of Sales.
New sales appointment to drive international growth for Gresham Technologies
- 6 years 5 months ago
- People Moves
Global fintech firm, Gresham Technologies (Gresham), has appointed Mark Bolton as its Head of International Sales to spearhead its global growth plans. In his new role, Mark will be responsible for directing the firm’s sales strategy across Asia and North America, and identifying target market segments for expansion across the entire Clareti platform. Prior to joining Gresham, Mark held senior sales leadership positions at SunGard and FIS where...
Kasisto Raises a Further $22 Million for Conversational AI
- 6 years 5 months ago
- Artificial Intelligence
Chatbot developer Kasisto has closed a $22 million Series B extension financing, bringing the total amount raised by the New York-headquartered company in this funding round to $51 million. With a mission to 'humanise the digital banking experience' Kasisto's conversational AI has found favour with a crop of top tier institutions, including DBS Bank, JPMorgan Chase, Mastercard, Standard Chartered, TD, and Manulife Bank. The new funding comes at...
Sia Starts Its Listing Process
- 6 years 5 months ago
- Payments
The Board of Directors of SIA, meeting today under the chairmanship of Federico Lovadina, approved the start-up of the process to list the company's ordinary shares on the Mercato Telematico Azionario (MTA) market, organized and managed by Borsa Italiana, expected to take place by summer 2020.
Lightspeed Joins Forces With Stripe
- 6 years 5 months ago
- Payments
Lightspeed, the global point-of-sale and ecommerce platform, is partnering with Stripe to power in-store and online payments for retailers and restaurants in the US and Canada. Powering retailers that grow over four times the industry average in the US, Lightspeed has integrated Stripe Connect and Stripe Terminal to extend payment capabilities for their customer base. This will make it easier for restaurants and retailers to get started...
WorldRemit Enters Global Remittance Partnership with Alipay
- 6 years 5 months ago
- Money Transfers
WorldRemit has announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app, bringing more convenient and inclusive transfer services to users around the world.
