Finastra Outlines Key Takeaways from Sibos 2023 About the Future of Trade Finance
- 1 year 5 months ago
- Data
Finastra, a global provider of financial software applications and marketplaces, exhibited at Sibos last week, where industry experts shared valuable insights about trends in financial services. In particular, the future of trade was discussed extensively, as the industry prepares to embrace a new era of truly digital trade.
Economist Impact Research for Temenos Shows Banking is Becoming Byte-Sized with Rise of Embedded Finance
- 1 year 5 months ago
- Banking
Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study, commissioned by Temenos, which surveyed 300 banks across the globe.
NCR Ranked #5 for Technology Providers in the IDC FinTech Rankings
- 1 year 5 months ago
- Payments
NCR Corporation, a leading enterprise technology provider, today announced that it has ranked #5 on the
IDnow Obtains UK Digital Identity and Attributes Trust Framework Accreditation for its AI-based Product
- 1 year 5 months ago
- Digital Identity
IDnow, a leading identity proofing platform provider in Europe, has received the accreditation on the levels medium and high for the UK’s Digital Identity and Attributes Trust Framework (DIATF) for its fully automated, AI-based solution IDCheck.io. Valid for two years, IDnow received this badge from government-accredited Digital Identity Systems Certification.
Starling Bank Sets the Standard: Boosts Interest Rate to 3.25% for Personal and Joint Current Account Balances
- 1 year 5 months ago
- Digital banking
Starling Bank will pay 3.25% AER interest (variable)* on current account balances of up to £5,000 from 1st October 2023. The move will mean that all personal and joint account customers earn interest on their balance without having to move their money into a separate account or dedicated pot.
Datacentre & Cloud Show (DCCI) Goes Arabian: A New Chapter Unfolds
- 1 year 5 months ago
- Data
The force behind the digital forces aka datacentres are rapidly advancing in the second-largest Arabian country. With digital and tech advancements proliferating exponentially, the Kingdom of Saudi Arabia is darting forward with its datacentre market, forecasted to cross $1.77 billion by 2027. The growth is being further propelled by multinational corporations expanding their cloud regions in the country, where the cloud services market alone is...
Improving Crypto Trading: Regulated Exchanges Recommend Six Principles to Build Trust and Stability
- 1 year 5 months ago
- Cryptocurrencies
The World Federation of Exchanges (WFE), the global body for exchanges and central counterparty clearing houses (CCPs)s, today sets out six principles to promote sound marketplaces in crypto-trading in a new report.
Fintech Startup Bright Money Raises $62M Debt and Equity Funding
- 1 year 5 months ago
- Fundraising News
US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix of debt and equity. Encina Lender Finance provided the fintech with $50 million in debt funding, in addition to $12 million in equity funding led by Alpha Wave, Hummingbird and PeakXV.
Timeline raises £10 Million Series B Funding Round & Surpasses £3bn AUM
- 1 year 5 months ago
- Fundraising News
Timeline, an end-to-end financial planning platform, has proudly announced its recent accomplishments in the finance industry. The company successfully raised £10m in its Series B funding round. The round was led by Blackfin Capital Partners, a private investment firm specialising in FinTech. Other notable participants included MTech Capital, board member of Peel Hunt, Darren Carter, and former CEO of Interactive Investor, Adam Seale.
SRM Announces Addition of Banking and Fintech Executive Eva Trouin to Its International Advisory Board
- 1 year 5 months ago
- People Moves
SRM (Strategic Resource Management), a trusted advisory firm serving financial institutions across North America and Europe, announced that Swedish fintech executive Eva Trouin joined the company's International Advisory Board.
NAKA Introduces the First Self-custodial Payment Card/Scheme Working on POS Terminals Worldwide
- 1 year 5 months ago
- Payments
NAKA has developed a new technology that bridges the gap between the traditional payment industry and the blockchain world. It encompasses a unique payment scheme running fully on smart contracts and a self-custodial payment card that is available to anyone without any bank intermediaries. The NAKA payment scheme and card are fully compatible with the EMV standard, an acronym representing Europay, Mastercard, and Visa.
Africa-focused Fintech Revio Secures $5.2 Million Seed Round
- 1 year 5 months ago
- Fundraising News
Revio, the payment orchestration platform helping merchants optimize their order to cash lifecycle, today announced a seed investment round of $5.2 million. The funding round was led by leading fintech fund QED Investors, joined by Partech and continued participation from Revio’s existing investors, Speedinvest, RaliCap, and Everywhere VC.
Cohesity Expands Data Security Alliance with Global Technology Leader Tata Consultancy Services
- 1 year 5 months ago
- Data
Cohesity has today announced that global technology leader Tata Consultancy Services (TCS) is joining the Cohesity Data Security Alliance ecosystem.
DTCC Appoints Brian Steele President of Clearing & Securities Services
- 1 year 5 months ago
- People Moves
DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Brian Steele as Managing Director, President, Clearing & Securities Services, effective October 2, 2023. Steele will join the DTCC Management Committee, Management Risk Committee and the Investment Management Committee. Steele will also become Chair of the ITP Board of Managers.
Merchants Around the Globe Increase Spend to Tackle E-commerce Fraud Crisis
- 1 year 5 months ago
- Data
Businesses worldwide plan to significantly increase the money they spend on fighting fraud, according to new research from Ravelin.
