OKX Wallet is First in Web3 to Utilize Leading-Edge MPC Technology Together With Support of 37 Blockchains
- 2 years 9 months ago
- Blockchain
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today upgraded its OKX Wallet to become the first Web3 wallet to utilize leading-edge multi-party computation (MPC) technology in combination with its support of an industry-best 37 blockchains.
Private Banking Startup Kashet Raises £5.4M
- 2 years 9 months ago
- Fundraising News
Kashet, a Swiss-UK-based private banking startup, has come out of stealth mode after raising £5.4 million in an initial funding round. Kashet is led by banking, technology, and service industry experts, including heavyweights Alex Wilmot-Sitwell from Bank of America and UBS, and Andrew Brookes of Bank of England, as well as international executives, Gary Steel and Jacob Waehrens.
Orange Bank and Mambu Expand Partnership to France
- 2 years 9 months ago
- Open Banking
Orange Bank today announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange Bank on Mambu in Spain in 2019.
Philippe Morel Joins Railsr As CEO
- 2 years 9 months ago
- People Moves
Railsr, the embedded finance platform, has today announced the appointment of Philippe Morel as Chief Executive Officer, Debbie Lotz as Chief Financial Officer and Nick Charteris as Chief Operating Officer. Philippe will report directly to Rick Haythornthwaite, Chair of the Board.
Gatehouse Bank Appoints New Non-Executive Director
- 2 years 9 months ago
- People Moves
Gatehouse Bank has appointed Lesley Beecher as a Non-Executive Director of the Bank.
Acorns Acquires UK-based Fintech GoHenry
- 2 years 9 months ago
- Digital banking
U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial education services to 6-18 year-olds in an all-equity deal, the two companies announced today.
UBS Executes First Cross-Border Intraday Repo Trade on Broadridge Distributed Ledger Repo Platform
- 2 years 9 months ago
- Money Transfers
Global Fintech leader Broadridge Financial Solutions, Inc., today announced that UBS and a global Asian bank have successfully executed the first cross-border intraday repo transaction on Broadridge’s blockchain-enabled Distributed Ledger Repo (DLR) platform. This ground-breaking intraday trade marks the launch of the next phase in the rollout of Broadridge’s DLR platform.
OKT Chain Integrates WebAssembly, OKX Web3 Wallet Partners with X2Y2, Gala and Venus
- 2 years 9 months ago
- Blockchain
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the week of April 3, 2023.
Allica Bank Ramps Up SME Support with Refreshed Credit Appetite
- 2 years 9 months ago
- Banking
Allica Bank has made significant changes to its commercial mortgage credit appetite with cuts to its stress-testing and Debt Service Cover Ratio (DCSR) requirements across all products, and an increase in its maximum Loan to Values (LTV) for prime owner-occupied commercial mortgages. It has also reduced the DSCR requirement for its asset finance product.
Bluestone Motor Finance Partners with ID-Pal to Digitalise KYC and Accelerate Decision Process
- 2 years 9 months ago
- Digital Identity
Global identity verification provider ID-Pal today announced its partnership with award-winning Bluestone Motor Finance, specialists in providing motor lending solutions to drivers across Ireland since 2014. The partnership delivers a seamless journey for customers to verify their identity in real time and enables faster financing decisions.
Fourthline Raises €50M to Transform Financial Compliance for Banks, Financial Institutions and Fintechs
- 2 years 9 months ago
- Fundraising News
Fourthline, the RegTech leader that provides AI-powered and compliant KYC and AML solutions, has raised €50m from Finch Capital and other new and previous investors.
Bad Debt Levels Soar by 61% for UK SMEs as Supply Chains are Hit by Rising Insolvencies
- 2 years 9 months ago
- Personal Finance
New research published by Bibby Financial Services (BFS) reveals the extent to which the UK’s small and medium-sized enterprises (SMEs) are exposed to substantial debt stress today. The average bad debt amongst UK SMEs has jumped 61 per cent - from £10,329 in Spring 2022, to £16,641 today. Currently, around 1.5 million - or 27 per cent - of SMEs are struggling with this issue.
Northern Trust Launches Market Risk Monitor
- 2 years 9 months ago
- Risk Management
Northern Trust has enhanced its suite of ex-ante (forward-looking) risk analytics services through the release of its new Market Risk Monitor solution.
PPRO Appoints Motie Bring as Chief Commercial Officer to Drive the Next Stage of Growth
- 2 years 9 months ago
- People Moves
PPRO, the leading global digital payments infrastructure provider, has announced the appointment of Motie Bring as Chief Commercial Officer. Motie’s impressive track record helping merchants and payments companies scale up their operations will be crucial in strengthening PPRO’s market position as the most trusted infrastructure partner for payments service providers (PSPs), merchants and banks.
FinTech Connect 2023 Opens Call for Content Following Advisory Board Meeting
- 2 years 9 months ago
- Infrastructure
FinTech Connect 2023, Europe’s only dedicated fintech event for the entire ecosystem, has announced it’s now opened its ‘Call for Content’ for potential speakers and sponsors. This follows the UK meeting of 30+ C-Suite fintech leaders which make up FinTech Connect’s Advisory Board.
