UK Regulator Will Review Visa, Mastercard Fees
- 2 years 11 months ago
- Payments
The U.K.'s Payment Systems Regulator (PSR) detailed two-card fee market reviews on 21st of June. One will examine the scheme and processing fees, and the other cross-border exchange costs.
Hybrid Working Unleashes Wave of Insider Fraud as More than Half of Businesses Fall Victim
- 2 years 11 months ago
- Payments
Bottomline, a leading provider of financial technology that makes business payments simple, smart, and secure, revealed today that the shift to hybrid working has left businesses seriously exposed to insider fraud, with over half of businesses (52% in GB and 63% in the US) falling victim over the last year.
ESG Book Closes $35 million Series B to Build the World’s Leading ESG Data Platform
- 2 years 11 months ago
- Fundraising News
ESG Book, a global leader in sustainability data and technology, today announced it has closed $35 million in Series B funding. The new capital will be used to advance ESG Book’s next-generation technology capabilities, enabling clients to meet increasingly complex sustainability requirements, and accelerate the company’s expansion as it responds to the growing demand for technology-enabled ESG data solutions.
Global Fintech SumUp Raises €590 Million and Celebrates 10 Years of Supporting Small Merchants
- 2 years 11 months ago
- Fundraising News
SumUp, the financial partner for over 4 million small businesses worldwide, has raised a €590 million funding round that gives the company an enterprise value of €8 billion following a decade of rapid growth and global expansion. The round was led by Bain Capital Tech Opportunities, with participation from funds managed by BlackRock, btov Partners, Centerbridge, Crestline, Fin Capital, and Sentinel Dome Partners, among others.
Rabobank Extends Collaboration with Finastra for its Next Generation Payments Hub
- 2 years 11 months ago
- Payments
Finastra today announced that Rabobank – a large international financial services group headquartered in the Netherlands – has selected the latest version of Fusion Global PAYPlus for increased efficiency and innovation in payments.
Marygold acquires the UK's Tiger Financial & Asset Management
- 2 years 11 months ago
- Wealth Management
Marygold & Co. Limited has announced completion of its acquisition of Tiger Financial & Asset Management Limited, (“Tiger”) a UK based investment adviser. Based in Boughton, Northampton, England, Tiger has approximately £42 million in assets under advice. The firm’s core business is managing clients’ financial wealth across a diverse product range.
Apptio Reinforces Commitment to Asia with Strategic Hire
- 2 years 11 months ago
- People Moves
Apptio, the leading provider of technology business management (TBM) applications, has appointed Tarun Kumar Kalra as Regional Vice President - Asia.
TS Imagine Connects to Coinbase Prime and Provides Clients with Another Venue for Regulated Cryptocurrency Trading
- 2 years 11 months ago
- Trading Systems
TS Imagine, a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, to offer institutional clients a fully regulated path to trade cryptocurrencies.
Open Banking Pioneer Volt Launches Ultrafast Account Ownership Authentication in Key European Markets
- 2 years 11 months ago
- Open Banking
Open banking pioneer Volt, a UK-based, leading fintech company powering the growth of real-time payments in the UK and Europe, is launching Verify, an ultrafast bank account authentication service for online merchants and businesses.
AstroPay Launches VISA Debit Card
- 2 years 11 months ago
- Payments
AstroPay, the online payment solution of choice for over six million users worldwide, has launched its new product in Europe, a VISA debit card. This move expands the reach of AstroPay’s user base while simultaneously providing existing customers with more benefits. The product will be available in Europe with the launch in other markets expected in the next few months.
China Construction Bank, ADDX To Partner On China Offshore Investments
- 2 years 11 months ago
- Banking
China Construction Bank (Chongqing and Singapore branches) and ADDX have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced today the signing of a memorandum of understanding (MOU) that paves the way for them to work together on the custody and distribution of a US$200 million quota allocation under the QDLP scheme.
Confluence Appoints Sanjoy Chatterjee as Chief Strategy Officer
- 2 years 11 months ago
- People Moves
Confluence Technologies, Inc
Fintech DKK Partners announces global expansion as revenues top £63m
- 2 years 11 months ago
- FinTech StartUps
DKK Partners, a leading fintech company, which specialists emerging markets (EM) foreign exchange (FX) liquidity, has announced a major global expansion as the company’s revenues surpass £63m - up from £3m the previous year.
Stake Gives Investors a Piece of the Pie with New Stock Lending Product
- 2 years 11 months ago
- Lending
Leading digital broker Stake is again breaking barriers for retail investors in Australia with the launch of a brand new product, Stock Lending. Investors will be able to earn passive income on the U.S. stocks they hold with Stake by having them lent out through the securities lending market.
Financial Risk Solutions appoints Thomas Patterson as Vice President Sales North America
- 2 years 11 months ago
- Risk Management
Financial Risk Solutions (FRS), provider of the award-winning investment administration software Invest|ProTM to asset owners, life insurance and investment management companies worldwide, today announced the appointment of Thomas Patterson to the role of Vice President Sales North America.
