SMEs More Afraid of Cybercrime than Brexit
- 8 years 1 month ago
- Payments
Britain’s SMEs are shifting the billions spent each year on hiring traditional experts, such as legal and procurement consultants, to leverage the skills required to survive in an increasingly digital world, including those for cybersecurity and new payments technology.
Absolut Bank and Transfingroup to Conclude First Transaction via NSD’s UIT Unit Platform
- 8 years 1 month ago
- Infrastructure
JSC Transfingroup Asset Management Company (TFG AMC) and JCB Absolut Bank (PJSC) became the first companies in the Russian market to have conducted a transaction via the centralized system for record-keeping and distributing Unit Investment Trust (UIT) units. The system was developed by National Settlement Depository (NSD), Russia’s central securities depository.
€500k in funding for Fintech start-ups available from Enterprise Ireland
- 8 years 1 month ago
- FinTech StartUps
Bank of Ireland to Facilitate Competitive Start Fund Programme A total of €500k in funding for Fintech start-ups is available from Enterprise Ireland, the government organisation responsible for the development and growth of Irish enterprises in world markets, through its Fintech-dedicated Competitive Start Fund (CSF). Up to 10 successful Fintech start-ups will receive high-level business development support and an investment of up to €50,000...
Midclear Partners with GMEX Group to Operate Derivatives CCP for Lebanon
- 8 years 1 month ago
- Infrastructure
Midclear S.A.L., the Custodian and Clearing Center of financial instruments for Lebanon and the Middle East, has selected GMEX Group wholly owned subsidiary, GMEX Technologies, to provide and implement its innovative AvenirClear CCP product as the core system of the first derivatives central counterparty (CCP) in Lebanon.
Baidu Collaborates with Conexant to Bring Conversation-based AI Devices to Market
- 8 years 1 month ago
- Artificial Intelligence
Conexant, a leading provider of audio and voice technology solutions that enable a more natural user experience, today announced that it is collaborating with Baidu to release development kits and reference designs for device makers to develop far-field voice-enabled artificial intelligent (AI) devices running on Baidu's D
Linedata Reveals Latest Version of Optima Fund Administration BPM tools
- 8 years 1 month ago
- Investment Management
Linedata, the global solutions provider dedicated to the investment management and credit industries, has launched the latest version of Linedata Optima, a powerful, innovative suite of business process management (BPM) tools designed specifically for fund accounting and administration.
Liquid Voice Organisations Comply with GDPR
- 8 years 1 month ago
- Infrastructure
Liquid Voice, one of the leading providers of interaction recording, quality management and analytics, has announced the immediate availability of an innovative new solution that will help organisations to comply with GDPR which comes into effect in May 2018. It fully integrates into the Liquid Voice platform or can be specified as a stand-alone application for use with any of the market’s other leading interaction recording brands, providing ...
Pillar Token Sale to Reclaim Digital Lives
- 8 years 1 month ago
- Blockchain
Twenty Thirty, a Swiss blockchain innovation company, has launched the Pillar project, which will raise money through a Token Sale on Saturday July 15 2017 to create the next-generation crypto wallet. The Pillar Wallet will hold people’s assets and become their personal digital assistant powering all of their devices.
InstaReM Cross-Border Payments Firm Raises $13m
- 8 years 1 month ago
- Payments
InstaReM, one of the leading digital cross-border payments companies, has received a US$13 million investment led by GSR Ventures, with participation from SBI-FMO Emerging Asia Financial Sector Fund (SBI-FMO Fund), Vertex Ventures, Fullerton Financial Holdings (FFH), and Global Founders Capital (GFC). To date, InstaReM has raised over US$18 million in the last 18 months.
Millennials and Their Mobiles Matter Most, and They’re Voting With Their Money
- 8 years 1 month ago
- Payments
A new global report released by Telstra reveals that United Kingdom (UK) millennials have become the most valuable demographic group for financial institutions with UK millennials’ average wallet size[1] now 40 per cent greater than the UK adult demographic. As millennials drive interactions and demand mobile engagement in a manner never before seen in financial services, traditional institutions need to adopt a mobile-first digital strategy or...
Sberbank Deploy Spire and Lanter Innovative Mobile POS Solution Across Four Major Russian Cities
- 8 years 1 month ago
- Payments, Infrastructure
Spire Payments and its official Russian distributor Lanter have developed an innovative mobile POS solution to capture transportation and municipal payments in major cities throughout the Russian Federation. The initiative is spearheaded by Sberbank, the market-leading acquiring bank in the region and is driven by the desire to expand into new market sectors. This ground-breaking initiative has just been deployed in four major cities: Sankt...
Sberbank goes live with Spire and Lanter innovative mobile POS solution across four major Russian cities
- 8 years 1 month ago
- Transaction Banking, Payments, Banking
Spire Payments and its official Russian distributor Lanter have developed an innovative mobile POS solution to capture transportation and municipal payments in major cities throughout the Russian Federation. The initiative is spearheaded by Sberbank, the market-leading acquiring bank in the region and is driven by the desire to expand into new market sectors. This ground-breaking initiative has just been deployed in four major cities: Sankt...
Yolt launches open beta in the UK
- 8 years 1 month ago
- Payments
Yolt, a new money platform backed by ING, one of the leading banks in Europe, has launched its open beta today for iOS and Android, offering users across the UK access to a new way of managing their money smartly and intuitively. The app has been tested and improved in closed beta since October last year, and is now ready to invite more people to the platform.
Core Banking Provider Ohpen secures € 15 Million Series B financing at €100 million valuation
- 8 years 1 month ago
- Core Banking
Cloud-based core-banking provider Ohpen has secured a € 15 million Series B investment round led by private equity firm Amerborgh to accelerate international growth. Ohpen, founded in 2009, is a cloud-based core-banking engine, built for the efficient administration of retail investment and savings accounts.
Payments and Tech Giants Predict the Future of Money at Money20/20 Europe
- 8 years 1 month ago
- Payments
FinTech experts from across the globe flocked to Copenhagen last week to debate the future of money at Money20/20 Europe. The world’s leading tech, financial services and business experts revealed how new technologies will fundamentally change the way we borrow, manage and spend money around the world.
