Cryptix acquires Liechtensteine digital assets exchange Blocktrade
- 6 years 7 months ago
- M&A Deals
The Cryptix AG, a Swiss full-service provider in the blockchain and DLT sector, has completed the acquisition of Blocktrade, a Liechtenstein digital assets exchange. As part of this acquisition, the team of the Vaduz-based company remains with Blocktrade and will be expanded in the coming months. In the future, both companies want to grow the existing structure and features of the digital asset exchange. The acquisition will not affect customers...
LINK Protects Free Access to Cash for Every UK High Street
- 6 years 7 months ago
- Payments
Responding to the rapid and unprecedented decline in cash usage by UK consumers, LINK, the country’s main cash machine network, has announced that funding will be made available to protect free access to cash for every high street in the UK. From today, should a high street be threatened with the loss of an ATM or Post Office, LINK will step in to ensure that an ATM is made available and paid for with funding from all the UK’s main banks and...
PayActiv Streamlines Earned Wage Access with Fiserv
- 6 years 7 months ago
- Digital Identity, Payments
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced today that PayActiv will enhance employee financial wellness by streamlining access to earned wages with money movement capabilities
PPRO rebrands signifying a look to the future of payments
- 6 years 7 months ago
- Payments
PPRO, the cross-border e-payments specialist has rebranded, marking a shift in both the future of the company and the payments industry.
Financial Data Exchange welcomed Visa and Mastercard
- 6 years 7 months ago
- Payments
The Financial Data Exchange welcomed eight new members between May 1 and July 31, 2019, bringing the total membership to 55 organizations spanning the full breadth of financial services ecosystem, from financial institutions to data aggregators, banking core processors and fintechs.
MHB-Bank becomes Raisin Bank – Focus on Banking-as-a-Service for Fintechs
- 6 years 7 months ago
- Banking, Retail Banking
The Berlin-based fintech Raisin continues to expand. Following the successful conclusion of ownership control procedures by Germany’s Federal Financial Supervisory Authority (known as BaFin), Raisin has taken over MHB-Bank as sole owner, thus becoming the first fintech in Germany to buy a bank. Since Raisin launched in 2013, the Frankfurt-based bank has been Raisin’s servicing bank in Germany and Austria. From this business partnership a close...
Inefficient Procurement Processes are Costing UK Businesses Almost £2m per Year
- 6 years 7 months ago
- Cloud, Infrastructure
Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual procurement processes, which is costing UK businesses on average £1.94m annually* and limiting procurement teams’ ability to deliver more strategic value.
BearingPoint, Berlin Hyp, SAP and okadis develop solution for the integration with SAP FSDM in regulatory reporting on Abacus360 Banking
- 6 years 7 months ago
- RegTech
BearingPoint RegTech, one of the leading providers of Regulatory and Risk Technology (RegTech/RiskTech), announced today that they are developing a solution for the integration of the SAP Financial Services Data Management (FSDM) data model on Abacus360 Banking for use in regulatory reporting in a joint project with their customer Berlin Hyp and cooperation partners SAP and okadis Consulting GmbH.
Blockchain Live returns to London for its third year on the 25th of September
- 6 years 7 months ago
- Blockchain
Blockchain Live returns to London for its third year on the 25th of September, gathering industry leaders and innovators to discuss the applications and impact of blockchain across various industries.
Empaxis launches TAMP1 with InvestCloud
- 6 years 7 months ago
- Asset Management
Empaxis has selected InvestCloud, Inc. to launch a new Turnkey Asset Management Platform, TAMP1. The product has been designed to provide complete outsourcing of all operations for small- to medium-sized investment managers.
Cashfac announce App Store launch of small business banking and cash flow forecasting app
- 6 years 7 months ago
- Cash management
Cashfac PLC, the global provider of back office operational cash management software, have announced the live launch of their new banking and cash flow forecasting app for small businesses – Slide – as a free-to-download app on Apple’s App Store.
Temenos acquires Kony, the US #1 digital banking SaaS company
- 6 years 7 months ago
- Banking, M&A Deals
Temenos (SIX: TEMN), the banking software company, today announced it is strengthening its Executive Committee and North America leadership team, following its previously announced acquisition of Kony, Inc., the fast growing US #1 digital banking SaaS company. Thomas E. Hogan, Chairman and CEO of Kony, will be appointed as the President of Temenos North America and a member of the Temenos Executive Committee. This appointment will become...
Women are key to the future of the Crypto-Economy
- 6 years 7 months ago
- Cryptocurrencies
Paxful planning to expand presence in South Africa. Plans Africa-wide recruitment drive with a focus on women; The global bitcoin marketplace also becomes the first bitcoin peer-to-peer marketplace to launch an app. As South Africa celebrates Women’s Month in August, global peer-to-peer bitcoin marketplace, Paxful, supports the important role that women are playing, and should continue to build on, in the innovative blockchain technology and...
R3 partners with Wethaq to digitise Islamic Capital Markets
- 6 years 7 months ago
- Blockchain
Fintech, Wethaq, has signed a strategic partnership with enterprise blockchain software firm R3 to build the next generation of financial market infrastructure to enable issuers, investors, central banks and regulators to seamlessly transact in Islamic capital markets.
MiFinity and UnionPay International strengthen partnership to launch a new consumer money remittance service to mainland China
- 6 years 7 months ago
- Payments
MiFinity, a global payments provider, today announced the launch of a new consumer focused cross-border money transfer service to UnionPay card holders in mainland China. This service allows consumers to send money from the UK and Europe back into mainland China via the UnionPay network. With over 7 billion cards issued accumulatively, UnionPay is the market leader in China. Here are some of the key benefits for consumers:
