Published
- 01:00 am

Top 20 UK accountancy firm MHA MacIntyre Hudson has appointed Edward Hooper as a director in its corporate finance team.
With more than 10 years’ industry experience, Edward will be responsible for leading the firm’s transaction services offering in London, acting for small and medium-sized businesses both in the UK and overseas. He will report to Robert Kidson, partner and head of the corporate finance team.
Edward has previously been involved in a number of private equity-backed management buy-ins and buy-outs. He has also worked closely with both corporate management and private equity clients on various buy-side and vendor led due diligence assignments.
Robert Kidson, head of the corporate finance team at MHA MacIntyre Hudson, said: “We are very excited about the addition of Edward to the firm. We have established a highly skilled team with the expertise to advise on deals across various business sectors, and Edward’s technical knowledge and experience in transaction services make him a great asset to our team.
“Our corporate finance offering is an important and growing part of MHA MacIntyre Hudson, with an excellent reputation in the market place. Adding someone of Edward’s calibre underlines our commitment to delivering the highest quality of service in that area.”
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- 07:00 am

Business finance company MarketInvoice, has today announced the appointment of Julian Cassen as Senior Business Development Manager.
Julian is a career business development and client relationship manager for business finance products and services. He began his career at TSB Bank in 1991, overseeing factoring facilities for clients before joining Credit Lyonnais in 1996. Over eight years here, Julian manged businesses with turnover up to £25m using factoring and confidential invoice discounting services.
In 2003, Julian moved to Lloyds Banking Group in their Commercial Finance team before being promoted to regional manager in 2008. Here, over five years, he raised the profile of the business in the regions and grew the size of their operations. He moved to RBS Invoice Finance in 2013 as business development manager where he worked across the bank to deliver and curate business finance solutions for clients across the UK.
Julian will work directly with Gavin Sumner, VP Sales, in delivering the business development strategy across sectors and regions whilst inputting on underwriting and risk policies at MarketInvoice to enhance its proposition yet further.
Julian Cassen, Senior Business Development Manager commented: “I have witnessed, first-hand, the changes in business finance services over the past couple of decades, fintech has accelerated these developments more recently. MarketInvoice has revolutionised the speed of providing business finance, ease of use with their interface for clients and, critically, maintained exceptional customer service standards. I look forward to helping shape the business and take the service far and wide across the UK”.
Since 2011, MarketInvoice has funded over 70,000 invoices worth £1.5 billion through its platform. MarketInvoice helps thousands of businesses every day with their working capital needs, supporting over 18,000 jobs in the UK at these businesses.
Gavin Sumner, VP Sales, MarketInvoice commented: “Julian brings a depth of experience to the team that will benefit our clients and team alike. His deep knowledge of a range of sectors and regions will help to grow the reach of MarketInvoice and support businesses across the UK.”
MarketInvoice’s main strategic ambition is to broaden its reach to be able to support a wider range of businesses, from start-ups to larger businesses looking to scale up. To help even more companies get paid faster by financing their invoices, so business owners can save time and focus on running their business.
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- 09:00 am

CA Technologies today announced a new release of its CA Privileged Access Management (PAM) solution that addresses scalability and performance needs for departmental and geographical expansion. CA PAM 3.0 gives companies the ability to scale their PAM deployments across multiple departments, and provides Managed Service Providers (MSPs) a helpful way to manage multiple instances of the product for their customer base across platforms and infrastructures.
The scalability of a Privileged Access Management solution is critical to ensure organisations can address and control cyber risk coming from trusted users in any environment. As deployments increase to manage and monitor access expand across geographies, departments and hybrid environments, the architectural considerations can cause challenges in aligning infrastructure allocation with operating systems and databases. CA PAM supports these requirements with enhanced features that enable greater control across the diversity of user access points, and has features that make it simple for Security Administrators to extend their enforcement, control and monitoring of users.
Whether privileged access comes in the form of "root," "administrator" and "superuser" accounts, or application, API or service accounts with elevated privilege, effectively managing all points of privileged access becomes even more of a challenge in these dynamic cloud environments. This is not because these environments are inherently unsecure, but because aspects of security (especially with regard to the varied levels of privileged access) are often overlooked.*
New features of CA PAM to reduce cyber risk from trusted users include:
- A new simplified Management Console designed to provide visibility across security-as-a-service and multi-department deployments.
- Enhanced clustering capabilities and concurrent session performance assures large, global enterprises and MSPs consistent policy across clusters and instances.
- Augmented session recording encryption and crypto module enhancements across deployments of all sizes.
- Localization that delivers CA PAM capabilities to the Japanese market. As demand for more integrated, global security solutions grow, CA PAM offers multinational companies the ability to manage a single solution with multiple instances.
Gartner recommends that security and risk management leaders responsible for delivering IAM capabilities “Deploy session recording as soon as possible, because this capability will add accountability and visibility for privileged activity. Include this capability as part of your selection process.”**
“Security should never be a hindrance to growth and business evolution, but an enabler through an intelligent, risk-based approach,” says Mordecai Rosen, senior vice president and general manager of CA Security Business. “The need for privileged access management only grows with more and more digital identities created every day. The key to maturing a PAM solution is to ensure that it can adjust, adapt and scale with your business throughout your journey of digital transformation.”
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Paul Dignan
Global Technical Account Manager at F5 Networks
For financial institutions, the primary goal of digitisation is making banking simpler and more intuitive for customers. see more
- 08:00 am

Bonpay, the cryptocurrency service on a mission to provide worry-free financial freedom to the masses has announced its crowdsale. The platform that enables users to conduct transactions involving ERC20 compatible cryptocurrencies without the presence of third parties will embark on its crowdsale campaign by mid-October 2017.
In order to fulfill its mission, Bonpay has a range of tools in its arsenal, and its revolutionary DLN system is one among them. The system enables any exchange or transaction process to be implemented on demand, swiftly and without any delay. DLN is a flexible mechanism which uses the available resources of its network. With its help, users will be able to exchange or purchase a currency of their choice without giving a thought about the underlying mechanism. The capabilities of DLN system fits Bonpay's motto – "to provide not only financial freedom but also the freedom of worries" perfectly. The platform ensures that all the participants of the deal are satisfied with their experience.
Another step towards the aim is the transparent rates system. This feature will be realized by the DLN implementation and will let users escape sharp exchange movements, avoid hidden conversion fees and execute future transfers reasonably. The transparent rates offered by the system allows only the most favorable ones to be included into the DLN. Any fees charged during the transaction will be paid directly to DLN participants, with Bonpay charging not even a single penny for facilitating such an exchange.
Bonpay takes a serious stand on privacy and security of the platform and its user base. It has a self-controlled data protection system in place, which offers added confidence to users regarding the security of their funds and information. The zero-knowledge system allows users to be the direct owners and managers of their funds and sole holders of private keys.
"Your money, your wallet, your terms"
In order to achieve the platform's goals, the team behind Bonpay has decided to launch the initial token sale. They will be using the proceeds from the campaign to implement new features while improving the existing ones to ensure the financial freedom of its userbase. The team has made a detailed development and implementation roadmap available on its website. Unlike other platforms, Bonpay already has a live service in place, and all the new feature additions and product lines will be built around it.
Bonpay Initial Token Sale
The Bonpay initial token sale, set to go live by mid-October will offer an opportunity for the participants to purchase its native BON tokens. These tokens will be made available to the public and those acquiring them during the sale will be eligible to receive exclusive benefits and bonuses. More information about the token sale is explained in the whitepaper.
The platform will be offering 85% of the total BON tokens to the public. Out of the allocated tokens, 51% will be made available during the upcoming crowdsale. The remaining 34% will be distributed among the community members over a period of time. The sale will last for four weeks, or until the cap of 200,000 ETH is reached. 1 ETH will be exchanged for 500 BON tokens, with an early bird bonus of 20%.
So far, Bonpay team has already gained the support of several partners and investors. The funds raised during the campaign will be used for the implementation of various key features to make full financial freedom possible.
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- 04:00 am

Ramco Systems, a leading enterprise software provider on cloud and mobile, and Anaplan, a leading platform provider driving a new age of connected planning, today announced a collaboration to build joint go-to-market initiatives.
As part of the collaboration, Ramco's Cloud Enterprise Resource Planning (ERP), Human Capital Management (HCM), and finance modules now have standard connectors for Anaplan's connected planning platform. This will offer comprehensive planning, budgeting, and consolidation capabilities to Ramco's clients around the globe.
"The strength of our workforce planning solution, combined with capabilities from the Ramco HCM suite, is a powerful proposition that could disrupt the legacy HCM market," said Paul Melchiorre, Chief Revenue Officer, Anaplan. "The transaction systems of the legacy application vendors do not provide the extensive planning functionalities of the Anaplan platform."
"We live in a connected world and ensuring we have a strong ecosystem of like-minded partner offerings is key to driving transformational growth for clients," added Virender Aggarwal, CEO, Ramco Systems. "Our collaboration with Anaplan offers enterprises a compelling joint value proposition of powerful planning and budgeting capabilities on top of Ramco's workforce, finance, and supply chain modules."
With 38 ready-to-use workforce planning applications on its App Hub, Anaplan allows companies to partner with the finance department and lines of businesses to align people with plans in order to achieve business goals.
Complete with chatbots, a simplified user experience, and an intelligent in-memory engine that identifies and resolves errors, organizations can deploy Ramco HCM in the cloud or on-premise, or leverage it as a managed service. The multitenant architecture with embedded intelligence and device agnostics features serves more than 450 customers worldwide. With innovative concepts such as haptic design, context-sensitive pop-ups, facial recognition–based attendance, and chatbots to carry out self-service, Ramco has been setting the benchmark for innovation in this segment.
Ramco's Finance & Accounting solution is being leveraged by several medium- to large-sized organizations both as part of a full-suite ERP, as well as a stand-alone application. Ramco distinguishes itself by focusing on building deep domain-integrated financials and offering next-generation features that bring automation, simplification, and cognitive capabilities to the application, helping organizations move towards an era of self-running finance.
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- 01:00 am

Javvy Technologies, creator of the Javvy Crypto Solution, has launched the company's profile on Fundable. The ultimate cross-platform wallet, with a built-in cryptocurrency exchange, delivers a comprehensive solution to buying, selling, converting, using, and managing all major cryptocurrencies from a single, elegant, and intuitive user interface. Javvy has laid out their vision, comprehensive approach, competitive advantages, next steps, and more on Fundable for those interested in learning more about the company and where they are heading.
Cryptocurrency, a form of digital decentralized currency, was first introduced in 2009 and is becoming increasingly more popular. Users are able to maintain control of their cryptocurrency funds without the need of a traditional financial institution. But, there are challenges. Registering with existing crypto exchanges can be tedious and time-consuming. Current crypto exchanges either limit users to extremely low limits or force users to submit an intrusive and alarming amount of identity verification documents to unproven websites. For reasonable limits, the identity verification process could take weeks or months to complete.
Existing web-based wallets and exchanges are riddled with security gaps and some have been hacked on numerous, documented occasions. In July 2017, Fortune.com released an article that detailed the hack of cryptocurrency trading platform CoinDash. During the company's initial token offering being sold in exchange for the cryptocurrency Ethereum, hackers disrupted the sale and changed the address for sending investments to an address they controlled. The hackers managed to steal over $7 million worth of Ethereum before the company was forced to take emergency actions and stop the sale. Also, according to Yonhap News, hackers hit Bithumb, compromising over 30,000 of the exchanges' customer accounts.
"With registration roadblocks and security issues, to achieve real mainstream adoption of cryptocurrency, the marketplace requires an intuitive solution that combines all the expected features including buying, selling, sending, receiving, managing, and using within a secure, comprehensive solution," says Brandon Elliott, CEO of Javvy Technologies. "The process should be very simple, safe, and secure, so that customers can easily and comfortably start using cryptocurrency. Javvy provides that solution."
Instead of applying a one-size-fits-all approach, Javvy learns the regulatory requirements of each country in advance and only requires the documentation needed for compliance in the user's country of Citizenship. The company has streamlined the entire registration process and provides rapid identity verification, when needed, so that users can get started with cryptocurrency quickly and easily. Always with an eye on security, Javvy doesn't require customers to store their private keys, banking information, or balances on their server or the cloud; leaving nothing for hackers to steal.
To learn more about the cryptocurrency solution, visit Javvy.com. who wish to explore supporting Javvy's vision to empower everyone with the comprehensive ability to buy, sell, convert, use and manage all the major cryptocurrencies in a single, secure wallet, then please visit the company's profile on Fundable.
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- 09:00 am

Salesforce, the global leader in CRM, today announced Financial Services Cloud for Retail Banking, a new industry application that enables retail banks to deliver the highly personalized, intelligent and connected banking experiences that consumers expect.
Now every bank employee, from the personal banker to the teller to the mortgage officer, can have a complete view of their customers and work collaboratively to exceed expectations.
Banks are facing a loyalty problem. Consumers are becoming accustomed to having more seamless and connected customer experiences than retail banks provide today. Banks have struggled to modernize, bogged by disparate systems and operating in silos even within their four walls. As a result, over one-third of banking customers are “hidden defectors,” meaning they purchase products or services from a competitor of their primary bank.[1] Meanwhile, disruptive new entrants in the financial services sector, such as Venmo and Earnest, are also taking slices of business from banks and earning customer loyalty.
“Banks are no longer just competing against one another. They’re being compared to any company providing a convenient user experience that builds loyalty,” said Rohit Mahna, SVP and GM of Financial Services, Salesforce. "With Financial Services Cloud for Retail Banking, Salesforce is making it possible for customers to love their banks again."
Introducing Financial Services Cloud for Retail Banking
Two years ago, Salesforce introduced its first Financial Services Cloud application to transform the way wealth managers engage with their clients and their families. Today, the company is reimagining how retail banks engage with customers, with new innovations including:
● Retail Banking Data Model and Console: All customer data—such as education background, employment status, the broader household’s financial holdings, bank accounts, loans and personal identification documents—is surfaced and managed within a role-based banking console that maximizes productivity and facilitates highly personalized engagements with customers. The console also enables bankers to stay on top of critical tasks throughout the day by aggregating information from multiple systems to create comprehensive banker to-do lists, including proactive alerts for referrals and tasks. Additionally, personal bankers can capture customer needs and intent, enabling immediate routing of customers to the right bank employee who can recommend relevant solutions that will help customers achieve their financial goals.
● Intelligent Needs-Based Referrals, Powered by Salesforce Einstein: With the power of Einstein’s data science and machine learning capability, bankers can automatically identify and take action on their highest priority referrals based on intelligent scoring and insights. New record types, components and referrer profiles also help bankers manage referrals and collaborate across different banking divisions to address real financial needs based on the financial products and services customers have expressed interest in. For example, if a customer’s monthly direct deposits increase, and they express interest in financial planning, a personal banker can easily create a referral that will be routed to a financial advisor within the bank who will immediately have context about the customer’s needs.
● Flexible Banking Platform and Ecosystem: Now, bankers no longer need to toggle between disparate systems and silos to manage different banking workflows and processes. With flexible APIs and a rich partner ecosystem, banks can easily extend the functionality of Financial Services Cloud to meet their evolving needs. For example, they can quickly integrate nCino’s Bank Operating System for originating and funding financial products, such as loans and deposits, with workflow embedded in Financial Services Cloud. Now, if a customer is interested in applying for a personal loan, a banker can start the process directly within Financial Services Cloud. Banks can also leverage the platform to build customer-facing apps.
About Financial Services Cloud
Built on the world’s #1 CRM platform, Financial Services Cloud enables retail banking and wealth management institutions to bring together disparate lines of business, geographies, and channels to put customers at the center of every interaction. With Financial Services Cloud, financial institutions can take a meaningful step toward collaborating together as one team to guide customers and their families along their financial life journeys. For more information on Salesforce Financial Services Cloud, visit: http://www.salesforce.com/financialservicescloud
Comments on the News:
● “At PenFed, our mission is to educate our members and help them meet their full potential,” says Sean Worthy, VP, digital strategy, PenFed Credit Union. “Financial Services Cloud for Retail Banking will give our bankers a 360-degree view of members and households, so they can provide them with personalized advice that maps back to each of our members’ specific goals.”
● “Today’s connected banking customers and employees expect speed, convenience and trust from their banks,” said Jonathan Rowe, Ph.D., chief marketing officer, nCino. “By integrating nCino’s Bank Operating System with Salesforce Financial Services Cloud, we can help banks increase efficiency, transparency, profitability and regulatory compliance across all lines of business.”
● “Nucleus has found that industry accelerators like Financial Services Cloud for Retail Banking accelerate time to value by reducing initial consulting costs by 40-60 percent, while also reducing ongoing administrative burdens,” said Rebecca Wettemann, VP, research, Nucleus Research. “This enables Salesforce financial services customers to focus on innovations that matter and connections with customers.”
Availability
● Financial Services Cloud for Retail Banking is expected to be generally available in October 2017.
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- 07:00 am

Aviva today announces an agreement to acquire a majority shareholding in Wealthify Group Limited,theholdingcompanyofWealthify. Wealthifyisalowcost,'robo'investmentservicewhich is making investment affordable and accessible to the UK mass market. The transaction is subject to regulatory approval.
The investment is part of Aviva’s strategy to build customer loyalty by providing customers with a wide range of insurance and investment services all managed through the convenience and simplicity of Aviva's digital hub, MyAviva.
Wealthify will be accessible to Aviva’s customers through MyAviva, where it will be available alongside other Aviva products and services. Aviva’s investment will also support Wealthify’s business development, helping to accelerate Wealthify’s future growth plans.
Launched in April 2016 and based in Cardiff, Wealthify aims to attract millennials and those who are new to investment by providing a simple, easy to use and low fee digital investment service. For a minimum investment of £1 customers can invest in one of five diversified investment plans through ISAs and general investment accounts.
To a watch short video about this announcement, please click here
Blair Turnbull, Managing Director, Aviva UK Digital, said:
"Wealthify aims to take the complexity out of investing. It is remarkably easy to use, with no complicated jargon, no expensive fees, and you can start investing with as little as £1. It is particularly aimed at traditional cash savers, who are seeking to diversify their investments, and also at millennials who appreciate an effortless and straightforward digital experience.
“Wealthify combines a smart management team with great technology and a start up culture. Together with the brand and financial strength of Aviva, we are very excited about the future opportunity, making Wealthify available to Aviva customers through the convenience of our MyAviva online and App experience.
“This is another important step in Aviva’s digital strategy. It underlines our commitment to invest in and partner with leading digital businesses, allowing our customers to benefit from new technology and making insurance and investments simpler, easier and more convenient.”
Richard Theo, Co-founder and CEO of Wealthify, said:
“It’s with great excitement that we’re announcing the partnership with Aviva today. This significant investment in the emerging ‘robo’ market, by one of the world’s largest and most recognised financial services brands, is validation of the vision we set out to achieve three years ago to change investing for the better. Aviva’s investment and access to their millions of UK customers gives us confidence that we can become the leader in this market in the UK and beyond.
Aviva today announces an agreement to acquire a majority shareholding in Wealthify Group Limited,theholdingcompanyofWealthify. Wealthifyisalowcost,'robo'investmentservicewhich is making investment affordable and accessible to the UK mass market. The transaction is subject to regulatory approval.
The investment is part of Aviva’s strategy to build customer loyalty by providing customers with a wide range of insurance and investment services all managed through the convenience and simplicity of Aviva's digital hub, MyAviva.
Wealthify will be accessible to Aviva’s customers through MyAviva, where it will be available alongside other Aviva products and services. Aviva’s investment will also support Wealthify’s business development, helping to accelerate Wealthify’s future growth plans.
Launched in April 2016 and based in Cardiff, Wealthify aims to attract millennials and those who are new to investment by providing a simple, easy to use and low fee digital investment service. For a minimum investment of £1 customers can invest in one of five diversified investment plans through ISAs and general investment accounts.
To a watch short video about this announcement, please click here
Blair Turnbull, Managing Director, Aviva UK Digital, said:
"Wealthify aims to take the complexity out of investing. It is remarkably easy to use, with no complicated jargon, no expensive fees, and you can start investing with as little as £1. It is particularly aimed at traditional cash savers, who are seeking to diversify their investments, and also at millennials who appreciate an effortless and straightforward digital experience.
“Wealthify combines a smart management team with great technology and a start up culture. Together with the brand and financial strength of Aviva, we are very excited about the future opportunity, making Wealthify available to Aviva customers through the convenience of our MyAviva online and App experience.
“This is another important step in Aviva’s digital strategy. It underlines our commitment to invest in and partner with leading digital businesses, allowing our customers to benefit from new technology and making insurance and investments simpler, easier and more convenient.”
Richard Theo, Co-founder and CEO of Wealthify, said:
“It’s with great excitement that we’re announcing the partnership with Aviva today. This significant investment in the emerging ‘robo’ market, by one of the world’s largest and most recognised financial services brands, is validation of the vision we set out to achieve three years ago to change investing for the better. Aviva’s investment and access to their millions of UK customers gives us confidence that we can become the leader in this market in the UK and beyond.
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- 04:00 am

Mambu today announced that New10, ABN AMRO’s newly launched FinTech, has selected the SaaS engine to power a range of small and medium enterprise (SME) lending products in the Netherlands. New10, which aims to provide credit decisions within 15 minutes, went from concept to launch within 10 months, in line with ABN AMRO’s vision of digitisation and innovation.
“New10 combines the best of two worlds: the characteristics of a FinTech with ABN AMRO’s financial knowledge and resources,” says Mark Schröder, Co-Founder and Commercial Director of New10. “We combine extensive experience within the bank with digital skills and innovations from outside as the market is changing rapidly and becomes increasingly digital.”
Fully Cloud-Based
“To bring New10’s fully digital approach to life we took an entrepreneurial approach choosing to work fully in the cloud as it becomes the new norm,” said Jaap Boersma, CTO of New10. “We needed a solution native to that environment which shared the lean and agile attributes of our business. Mambu offers us scalability, flexibility and speed to market at a fraction of the cost of traditional core systems,” Boersma added.
Commenting on the New10 launch, Eugene Danilkis, CEO of Mambu said: “We believe that ABN AMRO’s approach of launching an independent business that operates like a FinTech is the optimal model for incumbents looking to succeed in a constantly evolving banking environment. They have taken an agile approach and leveraged best-in-class technologies to address an underserved yet potentially high opportunity market.”
“Their approach is also an illustration of how cloud technology can be used to innovate quickly and simply. We are immensely proud to be helping to power this banking revolution,” Danilkis added.
Implementation Within Four Months
Mambu took a collaborative approach working with the New10 team in order to complete implementation within four months. In a highly regulated environment, Mambu’s partnership with Amazon Web Services (AWS) which has received Dutch regulatory approval, helped smooth the path to market. New10 launched on 21 September 2017 with a fully digital SME lending platform with plans to broaden the portfolio and potentially expand into new markets.