FCMs Target Expansion, and New Entrants Eye the Market as Interest Rates and Volumes Boost Revenues
- 1 year 8 months ago
- RegTech
Sell-side derivatives clearing firms are expanding their memberships and expecting more competition in the market as rising interest rates add hundreds of millions of dollars to global revenues, according to an Acuiti study. The Growing Opportunity in Derivatives Clearing, released today in partnership with ION, found that almost two-thirds of futures commission merchants (FCMs) plan to expand their number of clearing memberships over the next...
EBAday: ‘68% of Businesses Lack the Tech Infrastructure to Operate Internationally’
- 1 year 8 months ago
- Management
68 per cent of businesses currently lack the appropriate tech infrastructure necessary to expand and need to be afforded with better solutions to operate internationally, according to industry experts at EBAday. A higher 70 per cent of business owners have ditched expansion plans beyond the UK due to high trading costs, revealed the SME Empowerment Report from financial toolkit, HedgeFlows.
Divido Launches ‘Finance Matcher’ Tool to Help Merchants Pair Consumers with Affordable Finance Repayment Plans
- 1 year 8 months ago
- Alternative Finance
Checkout finance platform Divido today launches ‘Finance Matcher’, a new tool to support UK consumers in finding checkout finance repayment plans that they can afford, supporting merchants to boost sales without compromising on responsible lending standards.
Tuum and Marqeta Join Forces to Deliver a Pre-integrated Fintech Solution, Accelerating Modern Digital Payment Programmes
- 1 year 8 months ago
- Payments
Tuum and Marqeta have partnered to offer a pre-integrated fintech solution, accelerating time to market for Tuum’s customers by working with Marqeta’s open API platform. European banks and fintechs will be able to build flexible card programmes that deliver industry-leading modern digital payment experiences while saving resources, time and money.
SAP Fioneer Launches Tailored SME Banking Offering
- 1 year 8 months ago
- Banking
SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of its Fioneer SME Banking Edition. The solution will enable banks and neobanks to offer banking capabilities in a digital-first and data-driven approach, tailored to the financial needs of small and medium-sized enterprises (SMEs) – a historically underserved market segment.
LHV Bank Selected by Montonio for API-driven Enhancements to E-commerce Payments
- 1 year 8 months ago
- e-Payments
LHV Bank, a leading banking services provider to fintech companies, has been selected by Montonio, a rapidly growing e-commerce checkout solution provider, to enhance its merchant services. LHV Bank's robust API-driven infrastructure will serve as the backbone for Montonio’s enhanced customer experience.
Modulus Announces Global Launch of Long-Awaited AI Conversational Assistant for Digital Asset Exchanges
- 1 year 8 months ago
- Artificial Intelligence
Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, today announced the launch of its AI conversational assistant, especially designed for use within digital asset exchanges. The assistant allows users to ask for and receive instantaneous help with trades, their order status, and their account history, among other functionalities.
Paysend and RemotePass Partner to Offer Instant Payments to Contractors Globally
- 1 year 8 months ago
- Payments
Paysend, the global card-to-card payments pioneer, and RemotePass, the global onboarding and payroll platform, are today announcing a
Open Banking Exchange (OBE) Delivers Standards and Programme Management for Philippine Open Finance
- 1 year 8 months ago
- Open Banking
Open Banking Exchange (OBE) welcomes today's event held by Bangko Sentral ng Pilipinas (BSP) for the Philippines Open Finance Pilot. Since our blueprinting work for the IFC, OBE has played a vital role running information sessions and working groups that have delivered the rules and standards.
43 Banks Among Winners in the 2023 Infosys Finacle Innovation Awards
- 1 year 8 months ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, today announced the winners of the annual Infosys Finacle Innovation Awards 2023. 43 financial institutions from across the world were recognized for actively pursuing innovative strategies to differentiate themselves and maintain a competitive edge in the banking industry.
GoLogiq Appoints Hunter Gaylor as President and COO
- 1 year 8 months ago
- People Moves
GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has appointed Hunter Gaylor as president and chief operating officer. He will oversee the company’s recently acquired GammaRey subsidiary and the company’s global expansion through further strategic acquisitions and product development.
Members ATM Alliance Selects NCR ATM as a Service to Power Self-Directed Banking for Credit Unions
- 1 year 8 months ago
- ATMs
NCR Corporation, a leading enterprise technology provider, today announced that it has partnered with
Tyfone Partners with Silicon Valley-Based Star One Credit Union to Implement New Instant Payment Solution, Now Certified For Federal Reserve’s FedNowSM Service
- 1 year 8 months ago
- Payments
Digital banking innovator Tyfone, Inc. today announced its strategic partnership with Star One Credit Union to implement the credit union’s new instant payment solution, which has been certified for FedNowSM, the Federal Reserve’s new, highly anticipated instant payment offering launching in July 2023.
Wealth Access Named a Finalist for the WealthManagement.com 2023 Industry Awards in Four Categories
- 1 year 8 months ago
- Wealth Management
Wealth Access, the leading customer data insights platform that unifies and enriches data to power hyper-personalized experiences for financial institutions, announced today that it has been named a Finalist in the WealthManagement.com 2023 Industry Award (the“Wealthies”) for the Technology Provider categories of Chief Executive Officer of the Year, Client Portals, Account Aggregation and Document Management.
Volt Raises $60M Series B Round Led by Silicon Valley Investor IVP
- 1 year 8 months ago
- Fundraising News
Volt, the company building the global infrastructure for real-time payments, today announces that it has raised a $60 million Series B to fund expansion into new international markets such as APAC and the Americas – and support product development in existing markets across Europe, the UK and Brazil. Following London Tech Week, this investment from IVP, one of Silicon Valley’s leading investors, signals a vote of confidence in the UK’s fintech ...