Highly positive response to F-Secure ID PROTECTION signals strong demand in the operator channel
- 6 years 6 months ago
- Security, Cybersecurity
Cyber security provider F-Secure has begun to roll out
MarketAxess Deploys H20.ai Machine Learning Tech
- 6 years 6 months ago
- Artificial Intelligence
H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), today announced that its open source platform, H2O, provides critical machine learning capabilities to MarketAxess, the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for the global fixed-income markets.
Westpac's Reinventure Invests In Indonesia's Kredivo
- 6 years 6 months ago
- FinTech StartUps
Westpac-backed venture fund Reinventure has stepped up its push into Asia’s fintech scene, joining a US$90 million funding round for the owner of Kredivo, Indonesia’s fast-growing "buy now, pay later" (BNPL) platform.
CaixaBank Partners Plug and Play to Back Spanish Fintech Startups
- 6 years 6 months ago
- FinTech StartUps
CaixaBank has teamed up with Silicon Valley-based innovation platform Plug and Play on a Spanish fintech startup programme. The Barcelona Engagement Programme will see the partners work with startups to promote new banking and insurance services. A committee will select promising Spanish fintech startups, which will then get support from CaixaBank Payments and Consumer, imaginBank and Plug and Play to help develop proof-of-concepts.
Andigo Credit Union Offers Award-Winning Financial Literacy Program Free for Local Classrooms
- 6 years 6 months ago
- Banking, Financial
Local high school students are getting a free education in how to manage their money. Andigo Credit Union is working with Banzai, a national award-winning financial literacy program, to make curriculum available to seven Cook and DuPage County high schools, completely free.
IHS Markit Hires Risk Management Expert as Global Head of Financial Risk Analytics
- 6 years 6 months ago
- People Moves
Business information provider IHS Markit (Nasdaq: INFO) has recruited pricing and risk management specialist, Mark Findlay, as the Global Head of its Financial Risk Analytics business. Based in London, Findlay will report to Chief Technology Officer and Chief Data Scientist, Yaacov Mutnikas, and will lead the business.
Ally, Discover, MassMutual, and TransUnion Among 25 New Members Joining the Financial Data Exchange
- 6 years 6 months ago
- Security, Financial
The Financial Data Exchange (FDX) welcomed 25 new members between August 1 and December 31, 2019, bringing the total membership to 82 organizations that have committed to collectively transitioning to a modern, transparent and secure data sharing approach. Since its launch in October 2018, FDX has more than tripled its membership.
Old Mission Secures FINRA Approval to Launch New Institutional Services Business
- 6 years 6 months ago
- Trading Systems
Old Mission Holdings (“Old Mission”), a global, multi-asset class market-making firm, today announced that the Financial Industry Regulatory Authority, Inc. (FINRA) has approved a brokerage license modification for its Old Mission Markets subsidiary. The change will enable Old Mission Markets to begin offering trading services directly to buy-side institutions and ETF issuers later this year, complementing the firm’s existing market-making...
The Housing Bank for Trade & Finance – Bahrain to Complete 2-weeks Assessment and Training Sessions on ICS BANKS’ latest features
- 6 years 6 months ago
- Banking, Islamic Finance
ICSFS conducted a two-week intensive assessment and training sessions that were held at the Housing Bank for Trade and Finance (HBTF) in Manama, Bahrain. The assessment and training attendees were from HBTF senior executives, where the program covered the latest features of ICS BANKS Core Banking including front and back office branch operations services, Remittances, Credit Facility & Risk Management, Trade Finance, latest Lending products...
Finastra strengthens its position in Israel with new office opening
- 6 years 6 months ago
- Investment Management, Cloud
Finastra is investing further in Israel with a new office in Kfar Saba, just outside Tel Aviv. The office, which is home to over 330 employees, offers more space for the Finastra team to grow as the company strengthens its position in the country, and provides an ultra-modern workspace to inspire creativity and facilitate collaboration.
Form3 opens up direct access to SEPA Instant payment scheme to nonbank financial institutions with Ebury as the first customer
- 6 years 6 months ago
- Payments, Cloud
Form3, the leading cloud-native, payment technology provider have announced that they will provide direct access to the SEPA Instant payment scheme for Ebury. This will be the first solution in Europe that allows direct scheme access for non-banks like FinTech’s and regulated financial institutions, while using Barclays as their liquidity provider.
MYHSM and OpenWay Rethink Payment Security in the Cloud
- 6 years 6 months ago
- Cloud, Security
A growing number of banks and processors are choosing to adopt a cloud architecture for their payment solution. This is especially relevant for greenfield projects where a company launches a new business line or creates test environments. In such cases, a cloud installation can offer significant cost savings and reductions in implementation time. However, the major cloud service providers do not offer payment HSMs as a service. Most of the...
Axel Maier joins Fintech company MDOTM to accelerate international Business Development
- 6 years 6 months ago
- People Moves
MDOTM, the fintech startup that uses artificial intelligence to develop investment strategies to support banks, wealth and asset managers, keeps on growing, expanding its team with Axel Maier who joins as Global Business Development Strategist.
New industry research finds AI, robotics and automation will be central to the future of financial services
- 6 years 6 months ago
- Banking
A majority (55%) of banking and wealth management professionals view Artificial Intelligence (AI), robotics and automation as the most significant developments that will shape the future of the global financial services industry. According to new industry research1 by Swiss fintech Avaloq, additional key developments include the increasing use of more open and collaborative platforms (cited by 34%), and the rise of distributed ledger...
Lothian Pension Fund Streamlines its Investment Management Processes with Charles River IMS
- 6 years 6 months ago
- Investment Management
Lothian Pension Fund, the Edinburgh-based local government pension scheme provider, has completed the implementation of the Charles River Investment Management Solution (Charles River IMS) to help strengthen its investment processes and provide capacity for expansion of its third-party services.
