April 27, 2022

https://ift.tt/sgGIN40 iDenfy, the Lithuanian identity verification and fraud prevention company, joins forces with HollaEx, an open-source cryptocurrency exchange platform for businesses. The new document authentication and biometric verification from iDenfy will ensure safety for HollaEx customers. With digital assets leaving the “trend” tag behind to become mainstream, regulators are seeking stricter rules prohibiting illicit transactions. […]

https://ift.tt/1f5jQFw Source: H.M. Government of Gibraltar H.M. Government of Gibraltar has today published new regulations setting the standard for market integrity in the virtual asset space. The amending regulations add a 10th Regulatory Principle to Gibraltar’s Financial Services (Distributed Ledger Technology Providers) Regulations, requiring that all DLT Providers operating in Gibraltar conduct themselves in a

https://ift.tt/15Bm6Yr Pragma Financial Systems LLC, an independent, global leader in multi-asset execution technology, announced today that it has entered into a multi-year agreement with the New York Stock Exchange to provide NYSE Equity Floor Brokers with Polaris, an advanced trading platform customized to the needs of the Floor Brokers and their clients. Pragma’s Polaris, a

https://ift.tt/FVWBzDe Asa connects financial institutions with vetted fintechs for end users in a secure, compliant and easy to implement marketplace. The company today announced that former American Bankers Association (ABA) executive Lisa Gold Schier has joined the company as chief strategy officer. “I have worked with banks and fintechs for years, evaluating technology and developing

https://ift.tt/Tls6IGk Key metrics and measuring principles need to be applied to ESG goals in order to turn them into commercially viable business goals. This means KPIs need to change. At every level. Angela Hultberg, global director of sustainability, Kearney, during the ESG panel session at NextGen Nordics conference in  Stockholm highlighted that: “Sustainability should be

https://ift.tt/I7QuniM From the NAR: Pending Home Sales Sag 1.2% in March Pending home sales dropped in March, signifying five straight months that contract activity has declined, according to the National Association of Realtors®. Month-over-month, only the Northeast saw an increase in contract signings, while the three other major U.S. regions experienced declines in transactions. All

https://ift.tt/sn7lNMD Key metrics and measuring principles need to be applied to ESG goals in order to turn them into commercially viable business goals. This means KPIs need to change. At every level. “Sustainability should be a business initiative. Costs [need to be] assigned to actions. Assign responsibility, and quickly get a handle on your supply

https://ift.tt/nsghkDq Register for our upcoming webinar with Accenture and AWS on Tuesday 28 June 2022 at 15:00 BST, as industry experts discuss how best can financial institutions develop their mainframe modernisation strategies. For mainframe modernisation to be successful, financial institutions must remedy industry challenges that have permeated the space for several years. Particularly in the

https://ift.tt/hzXl8JU Discount brokerage Robinhood is to sack nine percent of its employees, citing an unwieldy growth curve that resulted in the creation of “duplicate roles and job functions”. The job cuts were revealed in a blog post by CEO Vlad Tenev on the eve of the release of the company’s third quarter results. Tenev says

https://ift.tt/yjAhptV Getty Images Key Takeaways During the Coca-Cola earnings call on Monday, the beverage company reported quarterly numbers that topped expectations Net revenues grew 16% to $10.5 billion, while per-share earnings grew 23% to 64 cents Coca-Cola plans to expand the distribution of cheaper returnable and refillable bottles in emerging and existing markets The company

https://ift.tt/RUM43OZ Source: Kristal.AI Kristal.AI, a digital-first global private wealth management platform, today acquired global investment platform, Globalise which delivers access to US stocks, ETFs, and ETF baskets for Indian investors. Together they complement each other with Kristal.AI being strong in institutional products like pre-IPO deals, hedge funds and VC funds for the affluent and HNI

https://ift.tt/aTrfoF2 Source: Sonovate Sonovate, the fintech lender that provides finance and technology services to businesses that engage contractors and freelancers, has launched brand-new cloud-native, API-first features to support its expanding number of enterprise* customers and enhance its embedded finance offering. This enterprise-grade invoice platform will provide instant funding decisions and credit limits, variable advance and

https://ift.tt/P89o2dZ Source: Zvilo Zvilo, the digital platform unlocking working capital in the Balkans, has signed a Memorandum of Understanding (MoU) with Mastercard, signifying a strong collaboration and ongoing partnership. The partnership supports Zvilo’s plans to transform the traditional banking sector and revolutionise SME lending in the Balkans by enabling access to short-term working capital across

https://ift.tt/bJGas8W Source: Tink Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets across Europe. Its Payment Initiation Services (PIS) product is now live in the Netherlands, Norway, Estonia, Finland and Latvia. Tink operates in 18 markets in total across Europe, connecting to over 250

https://ift.tt/iopaTVx Revenue-based finance provider Outfund has closed a £115M Series A round of equity capital and debt, joining the growing ranks of firms vying for company business across Europe. The round included £100 million in debt financing and a £15 million capital injection from Force Over Mass, Switzerland’s PostFinance, Guernsey’s 1818 Venture Capital and Tribe

https://ift.tt/vrkfLZp From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 8.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 22, 2022. … The Refinance Index decreased 9 percent from the previous week and was 71

https://ift.tt/I5xKZqA BEIJING, CHINA – OCTOBER 27: A Chinese soldier stands guard in front of Tiananmen Gate outside the … [+] Forbidden City on October 27, 2014 in Beijing, China. (Photo by Kevin Frayer/Getty Images) Getty Images Has self-delusion peaked in China? Maybe so. Chinese premier Xi Jingping says he wants economic growth in the communist

https://ift.tt/TlrwtF2 Source: W2 W2, global provider of regulatory compliance software including Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions through a single access point, today announces a collaboration with Visa, a world leader in digital payments, to offer enhanced compliance solutions and tools for UK Platinum and Infinite business cardholders. The new W2 offering

https://ift.tt/1k2G0e3 The French manufacturer of Ray-Ban glasses is suing JPMorgan for failing to stop suspicious transactions after cybercriminals looted $272 million from its New York account. JPMorgan should have detected, reported and blocked suspicious payments that occurred in the last few months of 2019, Essilor said in a lawsuit filed in New York on Monday.

https://ift.tt/T4Aw9pr Optty, a buy now, pay later integration platform for retailers, has emerged from stealth with $9 million in funding. Available in more than 59 countries and 36 currencies, Optty promises to help retailers integrate BNPL options in a matter of minutes. The Singapore-based platform currently has 185 global integrations with 41 BNPL providers including

https://ift.tt/4IOrh3Q Source: DataBP DataBP, the data licensing and subscription management platform, today announced that it has partnered with Deutsche Börse Group to implement a digital data licensing and management platform to streamline business operations and optimize the customer experience for its Market Data + Services (MD+S) business. Deutsche Börse Group supports a global client base

https://ift.tt/xYjNV2X Source: CommBank Commonwealth Bank has announced the Green Home Offer, providing eligible home loan customers with access to a low standard variable rate if their home meets certain sustainability and energy efficient criteria. The CommBank Green Home Offer is a low 1.99% p.a.^ Standard Variable Rate (2.45% p.a. Comparison rate*) for Owner Occupiers making

https://ift.tt/fEu16OX Source: Blockchain Association Singapore Blockchain Association Singapore (BAS) today announced global financial institution BNY Mellon has come on board as a strategic collaborator. With the signing of a Memorandum of Understanding (MOU), BAS and BNY Mellon will cooperate to advance the blockchain ecosystem, driving global cooperation regarding institutional digital assets and decentralised finance (DeFi).

https://ift.tt/2olWtHJ Source: Wombat Micro-investing platform Wombat has become the UK’s first investment platform to offer users cashback each time they invest, as part of its new Instant Investing account. The account – allowing users to buy and sell stocks instantly and commission-free – will provide 0.2% cashback every time a user makes an investment, helping

https://ift.tt/G6rYWuE Loyalty app Bink has appointed two executives from HSBC and Visa as the business capitalises on investments from Lloyds and Barclays and expands into Australia. Earlier this year, Lloyds Banking Group followed Barclays in becoming a shareholder in Bink, which links consumers’ payment cards with the loyalty schemes of participating retailers. The seven-year old

https://ift.tt/rF5zmfu Source: Mambu Mambu, the cloud banking platform enabling modern financial experiences, today announced that it has extended its partnership with Nordiska for an additional seven years to continue supporting the institution’s growing financial services offering and expansion plans. A licensed and regulated Swedish financial institution, Nordiska began operations in 2014 by offering specialised business

https://ift.tt/cCSaGLj Germany’s Mondu is to offer buy now, pay later services to online B2B merchants and marketplaces through a Banking-as-a-Service collaboration with Raisin Bank. Mondu’s BNPL product currently allows for felible payment terms via direct integration into the checkout process of online merchants. If a business customer decides to use one of the payment methods

https://ift.tt/o5NZdsz Source: Finastra Finastra announced today that Orange Bank in France has selected Finastra’s corporate treasury management solution, Fusion KTP in the cloud. The move will enable the bank to harness a fully integrated treasury management platform and gain faster access to innovation and time to market. Launched in France in November 2017, then in

https://ift.tt/ovO4W31 Source: Tractable Aviva, one of the largest insurers in the UK, has signed an agreement with Tractable to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI). Tractable – a UK tech ‘unicorn’, or billion-dollar company – develops visual AI to aid in the repair of cars and homes

https://ift.tt/JNQDRa1 Source: Kani Payments Kani Payments, the disruptive UK data reconciliation and reporting platform, has today announced that it has been selected as a Mastercard Start Path company. Approximately 1,500 start-ups annually are evaluated for entry to the programme. Now, part of the latest cohort of the highly sought-after programme, which has only a 2%

https://ift.tt/qJcr9Pg Australian online brokerage Stake has closed a A$90 million Series A funding round joined by Tiger Global and DST Global Partners. Having announced a initial $40 million Series A last May, the firm has topped the round up with an additional $50 million. Stake offers retail investors access to more than 4,400 US stocks

https://ift.tt/14jtZDN Source: Funding Options Digital finance platform Funding Options has appointed Malcolm Leach to its management team as CTO, continuing its mission to bridge the SME funding gap by providing businesses with the best finance options on the market, at speed and powered by technology. Funding Options launched its award-winning Funding CloudTM platform in April

https://ift.tt/yDvtzhd A worker stands in front of the Floatel Triumph, a semi-submersible accommodation rig operated by … [+] Floatel International Ltd. and developed by Keppel Offshore & Marine Ltd.’s deep water technology group, during a media tour in Singapore, on Friday, March 11, 2016. Keppel Corp., parent company of Keppel Offshore & Marine, is the

https://ift.tt/yjZE0DA Reliance chairman Mukesh Ambani and Abu Dhabi National Oil Company group CEO Al Jaber. Courtesy of ADNOC Reliance Industries—controlled by billionaire Mukesh Ambani—has signed an agreement to partner with Abu Dhabi National Oil Company (ADNOC) to build a $2 billion petrochemical production facility in Abu Dhabi as the Indian energy giant makes its maiden

https://ift.tt/qs7eDj2 OliveX wants you to earn while you burn. The Hong Kong-based digital fitness company rewards players with crypto and NFTs as they flee marauding pirates and monsters across a dystopian wasteland. Working out can be good for your belt line and your bottom-line at the same time. That’s the proposition OliveX is offering to

https://ift.tt/S73n2Tf End of the line getty Five months of a weakening stock market took bullishness down to dregs. The March-April bull trap was proof of both the bearish trend and the shrunken pool of bullish investors. Now, as the market teeters on its tipping point, those final remnants are giving way to bearishness – and

https://ift.tt/L4RWGT3 Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 10:00 AM, Pending Home Sales Index for March. The consensus is for a 1.8% decrease in the index. • Also, at 10:00 AM, the Q1 2022 Housing Vacancies and Homeownership from the

https://ift.tt/LiY2ofQ Apollo, L Catterton display preliminary interest in maker of Barbie and Hot Wheels brands Financial Services