Deposit Solutions achieves new milestones: 150 partner banks and 25 billion euros in transmitted deposits
- 6 years 6 months ago
- Open Banking
Hamburg-based FinTech company Deposit Solutions has announced that it has reached new milestones in 2020. The company’s Open Banking platform has now transmitted a total volume of 25 billion euros in savings deposits, up from 16 billion euros 12 months ago. The growth was driven by the strong B2B business, with banks such as Deutsche Bank, Merck Finck Privatbankiers, M.M.Warburg as well as comparison portals and other partners using the platform...
Full access to Keesing’s identity verification for essential organisations to address COVID-19 pandemic
- 6 years 6 months ago
- Covid-19, Digital Identity
Keesing Technologies, the leading global identity verification provider, announced that it is making its digital identity verification services and databases freely available to essential organisations that are in need of accurate identity proofing while responding to the COVID-19 pandemic. Keesing’s trusted identity verification will support these organisations in their global commitment to stop the spread of COVID-19 by enabling them to screen...
Avaloq named a Digital Wealth Management Platform Leader
- 6 years 6 months ago
- Wealth Management
Avaloq announced today that it has been named a Leader in The Forrester Wave™: Digital Wealth Management Platforms, Q1 2020 report. The evaluation ranks vendors in the categories of Leaders, Strong Performers, Contenders and Challengers, and is a highly regarded assessment of the top vendors in the digital wealth management platforms market.
Temenos and Microsoft Partner to Offer Fast Access to AI-Driven Temenos Financial Crime Mitigation SaaS Solution to Help Banks Combat Surge in Cybercrime During Covid-19
- 6 years 6 months ago
- Artificial Intelligence, Covid-19, Banking
Temenos (SIX: TEMN), the banking software company, announced today a joint effort with Microsoft to enable access to its AI-powered, Financial Crime Mitigation (FCM) SaaS solution to allow banks to protect both their customers and their organization from financial crime increase during the pandemic, particularly as banks have moved to remote working to protect their staff. Temenos AI-powered, Financial Crime Mitigation SaaS solution based on...
Hello Soda launches single API platform; Sodium
- 6 years 6 months ago
- APIs, Digital Identity
Global identity specialist, Hello Soda, launches a new single API platform to simplify the delivery of its suite of Know Your Customer (KYC), Anti-money Laundering (AML) and fraud prevention solutions. Hello Soda identified that many stakeholders were having difficulty implementing multiple identity verification solutions independently. Its developers have responded to this challenge and the lack of cross-solution data analysis to help perform...
TransFICC Secures New Investment From AlbionVC, ING Ventures and HSBC
- 6 years 6 months ago
- Investment
TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has closed its Series A investment round for £5.75 million. Led by AlbionVC, it included new strategic investments from ING Ventures and HSBC. The new investors join existing shareholders, Citi, Illuminate Financial, Main Incubator (the R&D unit of Commerzbank Group) and The FinLab.
Horizon Software announces outsourcing contract for market making on the Hellenic Energy Exchange Market
- 6 years 6 months ago
- Trading Systems, SaaS
Horizon Software (Horizon), the world’s leading SaaS provider of electronic trading solutions and algorithmic technology, announced today that PPC, the leading energy supplier in Greece, can market make energy futures on the Hellenic Energy Exchange (HEnEx) leveraging the existing infrastructure of an existing Horizon client, Eurobank.
Mortgage Brain sees product numbers increasing and ESIS volumes stabilising
- 6 years 6 months ago
- Banking
Last week saw the number of available mortgage products increase for the second week in a row to 8,044 products, an increase of 488 (5.9%) from the previous week. The majority of the growth has been seen in the remortgage sector where the product numbers increased by 5.4%, while home mover products increased by 2.0% and BTL product numbers reduced by 1.9%. When compared to pre-pandemic levels, the number of mortgage products is 6,630 (45.2%)...
Okta Appoints Technology and Financial Services Veteran David Bradbury as Chief Security Officer
- 6 years 6 months ago
- People Moves
Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, has announced the appointment of David Bradbury as Chief Security Officer. Bradbury brings more than 20 years of security and engineering experience to Okta and will report directly to Todd McKinnon, Okta’s Chief Executive Officer and co-founder.
Temenos launches new SaaS propositions to help banks respond to Covid-19 while accelerating their digital transformation
- 6 years 6 months ago
- Covid-19, Open Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced the launch of eight propositions – using innovative Explainable AI (XAI) and cloud technologies – to help banks in their immediate response to the Covid-19 crisis. Temenos is supporting banks to ensure business continuity, enhance digital engagement to meet clients’ changing needs, and manage socioeconomic pressures. These Covid-19 propositions are immediately available worldwide...
Wirecard’s Boon enhances customer experience by collaborating with Vouchr to offer personalised cash gifting
- 6 years 6 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, has enhanced the customer experience of its mobile payment app, boon, by adding the capability to personalise cash gifts with meaningful media-rich messages and experiences. Collaborating with Vouchr, the creators of an engagement API for digital money, cash transfers can be transformed into highly engaging, fun and personalized experiences, which serve to drive customer...
Over Half of Tandem Customers Now Using Smart Autosavings Rules
- 6 years 6 months ago
- Banking
Tandem Bank is celebrating the one year anniversary of its intelligent Autosavings feature, which gradually and effortlessly builds an individual's savings account for them. More than half of Tandem Accounts are actively set up to use the feature, suggesting the tool has been an incredible success. Tandem’s goal was to help incentivise individuals to prioritize their savings whenever possible, and given the deteriorating state of global affairs...
New cryptocurrency 'CRO' to list on CoinDCX crypto exchange
- 6 years 6 months ago
- Cryptocurrencies
CoinDCX, India’s largest and safest cryptocurrency exchange and liquidity aggregator, announced that crypto payments pioneer Crypto.com will be listing its cryptocurrency CRO token on the CoinDCX exchange. It will be traded in two pairs CRO/BTC and CRO/INR. It means, Indian traders trading on the exchange can buy or sell CRO token in exchange of BTC (Bitcoin) or Indian Rupee. Following the successful listing of the MCO token on CoinDCX earlier...
Santander strengthens its international trade operations for SMEs with the completion of the investment in Ebury
- 6 years 6 months ago
- M&A Deals
Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities. This transaction was announced in November 2019 and is part of the bank's digital strategy, providing SMEs with the necessary tools for their international expansion through global trade...
PPS Backs TIF’s #FinancialInclusionMatters Awareness Movement
- 6 years 6 months ago
- Payments
PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has joined forces with newly launched Community Interest Company (CIC) The Inclusion Foundation (TIF), in a bid to help tackle financial exclusion in the UK.
