Quantitative Brokers Partners with Genesis Global to Launch Next-Gen Advanced Algorithm Monitoring Solution
- 1 year 7 months ago
- Trading Systems
Quantitative Brokers (QB), a global leader in advanced execution algorithms and data-driven analytics for futures, options and OTC fixed-income markets, and Genesis Global, the low-code application development platform for financial markets organizations, today announced a strategic partnership. The collaboration will advance algo transparency, enhance trader productivity, and deliver a customized algorithm performance monitoring platform...
Building the Bank of the Future with Open Data
- 1 year 7 months ago
- Open Banking
Frollo has launched a campaign for the mutual bank sector on Building the Bank of the Future with Open Data. Customer-owned banks are ideally placed to benefit from the consumer data right (CDR). Frollo has created a content series to show a path forward for mutuals that want to either understand how to get started or how they can best utilise the Open Data opportunities to further improve their customer outcomes and future-proof their...
Grow Finance Partners with Pismo to Issue New Mastercard® Credit Card for Small Businesses in Australia
- 1 year 7 months ago
- Credit Cards
According to the Australian Banking Association, of the 2.6 million businesses in Australia, the majority (98%) are small and medium enterprises (SMEs). As the sector accelerates in 2023, it also suffers from an increase in the cost of goods and services, leading to rising inflation and unemployment rates. In this scenario, entrepreneurs are eager for help.
Engage Delivers Faster Payments Service to Almost 100,000 Credit Union Customers
- 1 year 7 months ago
- Payments
Engage, the community banking platform has partnered with 10 credit unions to deliver its Faster Payments service which in turn provides quicker payments for nearly 100,000 members. The bulk faster payments process empowers credit unions to send money to their members in near real-time, instead of traditional BACS or CHAPS payments which typically take around three days to complete.
African Fintech Startup Moove Secures $8M from Absa for Ghana Expansion
- 1 year 7 months ago
- Fundraising News
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured funding of $8m from Absa Corporate and Investment Banking. This move is a stride towards expanding its vehicle fleet in Ghana, according to a report from Tekedia.
Baker Hill Announces its Latest Solution, Baker Hill NextGen® Accelerate
- 1 year 7 months ago
- Lending
Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, has launched its newest offering, Baker Hill NextGen® Accelerate, a preconfigured version of their award-winning Baker Hill NextGen® commercial loan origination system (LOS), which features robust and scalable digital capabilities designed for rapi
E-commerce Fraud Crisis for UK Businesses and Beyond
- 1 year 7 months ago
- Fraud Detection
E-commerce fraud is growing fast and financially impacting businesses across the globe, according to new research from Ravelin.
Sumsub Joins The Payments Association
- 1 year 7 months ago
- AML and KYC
Sumsub, a global full-cycle verification platform, is honoured to announce its membership in The Payments Association. This milestone highlights Sumsub's ongoing commitment to enhancing compliance measures and offering best-in-class solutions in the vibrant payments ecosystem.
Microsoft Canada Recognizes Zafin as Winner of the 2023 ISV Impact Award
- 1 year 7 months ago
- SaaS
Zafin, the leading provider of SaaS product and pricing platform solutions for banks, is proud to announce it has won the 2023 Microsoft Canada ISV Impact Award. These annual Canadian awards recognize Microsoft partners who have enhanced the lives of Canadians by championing diversity and inclusion, provided exceptional customer service, and embraced digital transformation utilizing Microsoft technology.
One in Six Asset and Wealth Management Companies Will Be Swallowed Up or Fall by the Wayside in the Next Five Years: PwC Global Asset & Wealth Management Survey
- 1 year 7 months ago
- Asset Management
One in six (16%) asset and wealth managers globally are expected to be swallowed up or fall by the wayside by 2027, twice the historical rate of turnover, according to PwC's 2023 Global Asset and Wealth Management Survey, published today.
Capalona Unveils New Business Loan Comparison Platform
- 1 year 7 months ago
- Lending
Capalona.co.uk is excited to announce its new and improved business loan comparison service, which now includes example costs of lender products, rates, monthly loan cost, and total repayable. There’s also now a ‘more details’ expandable panel to give borrowers more product information.
Tarabut Gateway Appoints Seasoned MENA Start-up Veteran - Tariq Sanad - as its New CFO
- 1 year 7 months ago
- People Moves
Tarabut Gateway, MENA’s leading open banking platform, announces the appointment of Tariq Sanad as its new Chief Financial Officer (CFO). Tariq, a Bahraini national, is one of MENA’s renowned start-up veterans, boasting over 20 years of experience in the finance field. During this time, he has established himself as one of the region's most talented financial managers and entrepreneurs, excelling particularly in scaling growth start-ups post-...
UK FinTech Funding Drops 37 Per Cent
- 1 year 7 months ago
- Investment
UK FinTech funding has dipped in the first half of 2023, as total cash raised by UK fintech firms reached $2.9 billion in the first six months, showing a 37 per cent decrease compared to the later half of last year, according to new figures from industry body Innovate Finance.
Azentio Software and Nityo Infotech Partner to Optimize IT ROI for BFSI Organizations
- 1 year 7 months ago
- Banking
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, and Nityo Infotech, a global IT services company, today announced a formal partnership aimed at providing innovative and comprehensive technology solutions to the Banking, Financial Services & Insurance (BFSI) industry.
The Seamless Integration of AI, IoT, and Blockchain in Modern Business
- 1 year 7 months ago
- Blockchain
As the world progresses further into the digital age, the convergence of disruptive technologies like AI and Blockchain has paved the way for unparalleled business efficiency. This convergence is more than a simple union of technologies, it’s an amalgamation that could revolutionize the way businesses operate, bringing about new paradigms in efficiency, security, and scalability.
