Multi-Million-Pound Funding Secures Growth For Global Banking Services Firm
- 7 years 3 months ago
- Investment
Surrey-headquartered banking services firm Cennox has obtained a £24m funding package from NatWest and RBS Invoice Finance. The funding supports Cennox’s growth strategy, which has included the completion of a series of significant acquisitions over the last 12 months. These include the acquisitions of the European division of financial security firm, 3SI Security Systems, and Acketts Group, a UK-based ATM installer.
Fewer Than Half of Banks Ready to Deal with Impact of FRTB by 2022: IHS Markit Survey
- 7 years 3 months ago
- Banking
Avaloq upgrades open software architecture designed to make banks more agile
- 7 years 3 months ago
- Banking
Avaloq, the leading global provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, has upgraded its open software architecture. The key components of Avaloq’s new software architecture are self-contained systems that banks and wealth managers can easily adopt individually. Avaloq’s clients will benefit from greater business agility and scalability, improved time-to-market and...
Mindtree Partners With IIT Madras to Establish an Endowed Faculty Fellow Position in Data Science and AI
- 7 years 3 months ago
- Artificial Intelligence, Data
Lagos to host Biannual Africa Fintech Summit for the first time in November
- 7 years 3 months ago
- Infrastructure
Africa’s premier fintech event, the Africa Fintech Summit, (www.AfricaFintechSummit.com) will be held for the first time in Lagos, Nigeria, on November 8-9, 2018. This event comes on the heels of the earlier edition in Washington D.C. which featured leading policy makers, c-suite business executives, start-ups, and investors.
TickerChart Partnership with ZagTrader Goes Live
- 7 years 3 months ago
- Infrastructure
ZagTrader, a Dubai-based technology company specializing in Banking and Capital Markets Solutions, formally announces the availability of TickerChart to its existing suite of front ends. The Partnership between ZagTrader and TickerChart will provide the existing client base of ZagTrader the capability of using the advanced Front Ends of TickerChart. TickerChart products are rich in advanced features that serve active traders, such as: Chart...
Banks turn to technology innovation, as global regulation continues to increase KYC complexity for 75 percent of compliance and correspondent banking professionals
- 7 years 3 months ago
- Banking, Compliance, AML and KYC
The annual Accuity Financial Counterparty KYC Survey has revealed that 75 percent of senior compliance and correspondent banking professionals have encountered added complexity in interpreting and adhering to local legislation.
New study spotlights divide between businesses and consumers over definition of “good” customer experience
- 7 years 3 months ago
- Infrastructure
Today, LogMeIn, Inc.
FreeAgent agrees partnership with Rodliffe Accounting
- 7 years 3 months ago
- Accounting
FreeAgent, the award-winning online accounting software provider, has agreed a new partnership with one of London’s earliest cloud-adopting accountancy firms to help prepare clients for Making Tax Digital (MTD). Under the deal, Rodliffe Accounting is migrating its contractor clients onto the FreeAgent platform in order to ensure they are best-prepared for the first stage of Making Tax Digital (MTD) - the government’s plan to fully digitise tax...
ZED Network Partners with Interstellar to Service Money Transfer Operators on top of Stellar
- 7 years 4 months ago
- Payments
Integrated global payments platform ZED Network today announced an agreement with Interstellar, a company that develops applications and infrastructure for the
Assetz Capital Rewards Investors with New Refer-a-friend Scheme
- 7 years 4 months ago
- Alternative Finance
Leading peer-to-peer business lender, Assetz Capital, is launching a refer-a-friend scheme designed to reward its new and existing investors. The scheme, which is exclusively available now to all Assetz Capital existing investors, pays £75 when they recommend a friend or family member who goes on to invest £1,000 or more. As well as this, the new investor will receive a £50 cash bonus after just 12 months on the platform if they continue to...
Branch Transformation 2018: What does your branch mean to you?
- 7 years 4 months ago
- Infrastructure
Branch Transformation 2018: What does your branch mean to you? HSBC, JPMorgan Chase, Umpqua Bank and UniCredit will be among the 35 speakers to share their thoughts on what branch banking means to them at the Branch Transformation 2018 conference in London later this year If branches are no longer transaction centres, what are they?
Financial Services Turn to FinTech Partnerships for Next Wave of Investment
- 7 years 4 months ago
- Infrastructure
Financial services companies are prioritizing collaboration and direct engagement with FinTechs, particularly for payments technology, according to a new report by law firm DLA Piper - Digital Transformation in Financial Services.
Open Banking Expo announces former Google UK MD and an Open Banking visionary as keynote speakers
- 7 years 4 months ago
- Banking
Open Banking Expo has today announced the appointment of two fintech heavy-weight speakers for its morning and afternoon keynote sessions. Google’s renowned former managing director is confirmed as the morning keynote, who will offer a unique insight on the future of Open Banking. Now MD, Fintech at Blenheim Chalcot, Dan Cobley has always been ahead of the technology curve and his appointment will empower delegates in their Open Banking journeys.
Saxo Bank Welcomes Geely Holding Group and Sampo plc as Strategic Investors and Announces New Chairman and Board Members
- 7 years 4 months ago
- Banking
In October 2017, shareholders of the Saxo Bank Group ("Saxo”) announced an offer received from Geely Financials Denmark A/S, a subsidiary of Geely Holding Group, to acquire a majority stake in Saxo Bank. At the same time, Sampo, a leading Nordic financial services group, made an offer to acquire a 19.9 percent interest in the Bank.
