Six in 10 UK Adults Unaware of Open Banking

• 1 year 11 months ago
• Personal Finance

Despite Open Banking being revolutionary in the way people interact with and manage  their finances, six in 10 (60%) UK adults are unaware of Open Banking and its benefits, according to new research from Bluestone Mortgages.1 This comes at a time when more than a fifth (22%) of consumers say they use three or more individual bank accounts. 

Duck Creek Technologies Launches Payments Facilitator to Create End-to-End Insurance Payment Solution

• 1 year 11 months ago
• Payments

Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator. This modern, end-to-end payment solution caters to the nuances of payments within insurance by providing carriers with access to digital payment methods for both collecting and disbursing funds.

Intrepid Credit Union Partners with Alkami to Launch New Digital Banking Platform

• 1 year 11 months ago
• Digital banking

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it has partnered with 

WealthKernel Expands into Europe with a Spanish Licence

• 1 year 11 months ago
• Infrastructure

WealthKernel, the leading digital investing infrastructure provider, today announces its expansion into the European market with a license from the Spanish National Securities Market Commission or CNMV (Comisión Nacional del Mercado de Valores). This makes WealthKernel one of the only API-first investment infrastructure providers dual-regulated in the UK and EU.

Euronext Securities Expands Its Services Offering with the Acquisition of Acupay

• 1 year 11 months ago
• Infrastructure

Euronext, the leading pan-European market infrastructure, today announces that it has acquired substantially all the business of Acupay Group[1], global leader in financial reporting, corporate actions, cross-border tax relief, and securities processing. 

Energy Efficient Data Centres Could Save Up to €25 Billion by 2030

• 1 year 11 months ago
• Data

Nutanix, a leader in hybrid multicloud computing, today announced the findings of a new report focused on improving sustainability in data centres. 

KOHO Secures $190M in and Debt to Fuel Growth and Continue Pursuit of Bank License

• 1 year 11 months ago
• Fundraising News

Today KOHO announced that it has secured $190M in additional capital, $40M of which is equity and $150M in debt. The new capital injection will fund growth, the expansion of KOHO’s lending book and new innovative products, and continued progress towards a Schedule 1 bank license. The round was led by returning investor, PROPELR Growth, joined by new investor Rockefeller Capital and included existing investors Drive Capital, TTV, and BDC. The...

TreviPay and Allianz Trade Announce Strategic Partnership to Enhance B2B Risk Management and Underwriting Solutions

• 1 year 11 months ago
• Risk Management

DTCC Appoints Andrea Gibbons as Managing Director, Chief Human Resources Officer

• 1 year 11 months ago
• People Moves

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Andrea Gibbons as Managing Director, Chief Human Resources Officer. Gibbons will join the DTCC Executive Committee and report to Francis (Frank) La Salla, DTCC’s President, Chief Executive Officer and Director. She replaces Anthony Portannese, who will serve as a...

Mesh Forges Exclusive Partnership with Paribu to Streamline Crypto Onboarding in Türkiye

• 1 year 11 months ago
• Cryptocurrencies

Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, today announced an exclusive partnership with Paribu, Türkiye's leading centralized cryptocurrency exchange. Through this collaboration, Paribu becomes the only official exchange partner of Mesh based in Türkiye, enabling its users to benefit from Mesh's seamless connectivity with hundreds of other platforms like MetaMask.

Cardlay Teams Up with Visa to Revolutionize Spend Management Solutions

• 1 year 11 months ago
• Management

Cardlay, a pioneering Danish fintech company, and Visa, a global leader in digital payments, are excited to announce a collaboration aimed at setting new standards for fast and efficient spend management for commercial cards issuers and their clients.

XTB Merged Investing and Payments: A Multi-Currency Card Now Available in the XTB App

• 1 year 11 months ago
• Payments

XTB, a global fintech company that offers individual investors instant access to financial markets, has integrated investing and payments. The company has introduced a mobile wallet and a multi-currency card, allowing investors to easily manage both their investments and payments through the XTB app.

BofA Unveils Virtual Payables Solution to Support the Booming B2B Market

• 1 year 11 months ago
• Payments

Bank of America, a global leader in commercial cards, has expanded its Virtual Payables capabilities in EMEA1 with the launch of Virtual Payables Direct. The business-to-business (B2B) payment solution provides buyers with the usual working capital advantages of a card transaction – such as extended payment terms – in addition to a new enhancement that allows suppliers to be paid via a direct bank transfer. This comes at a time when the global...

Earnix Launches AI Platform Combining Pricing Analytics with Automated Credit Risk Decisioning

• 1 year 11 months ago
• Risk Management

Earnix, the leading global provider of intelligent decisioning SaaS solutions for financial services, today announced Earnix Lending Plus, an end-to-end AI-driven software platform that combines advanced pricing analytics, price optimization, and simulat

Clear Street Completes Purchase of Fox River Algorithmic Trading Business from Instinet

• 1 year 11 months ago
• Trading Systems

Clear Street , a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced today that the firm has completed the purchase of the Fox River algorithmic trading business from Instinet. Clear Street Investment Banking advised Clear Street on the transaction, which was announced on July 16, 2024. Fox River provides a comprehensive suite of algorithmic execution solutions in U.S. and Canadian equities. These...