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https://ift.tt/drwWgGu Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has enhanced its next generation data analytics platform to support a wide range of credit instruments, such as corporate and high yield bonds, alongside its existing rates and FX offering. This new credit addition is currently being used by SMBC Nikko Capital Markets […]

https://ift.tt/ytIosDq Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking. The new investors add to the diversity of Tugende’s shareholding and complement the experience and skills that each contribute to

https://ift.tt/Uax2nLc Today, at Stellar’s 4th annual Meridian conference, Wirex, a leading payments platform, announced the launch of USD Coin (USDC) on the Stellar blockchain within the Wirex app. In addition to expanding access to Stellar-based digital assets, this announcement is an important milestone in an ongoing collaboration between Wirex and the development of the Stellar

https://ift.tt/u6N9jwM Source: Google Today, Google Cloud and Coinbase announced a new, long-term strategic partnership to better serve the growing Web3 ecosystem and its developers. The collaboration will involve Coinbase selecting Google Cloud as a strategic cloud provider to build advanced exchange and data services. Coinbase will use Google Cloud’s powerful compute platform to process blockchain

https://ift.tt/h0KbpNB Financial wellbeing platform Blackbullion has today announced a £2.5m investment round to accelerate financial wellbeing for students. The new funding round will scale the platform’s growth, driving Blackbullion’s mission to simplify the complex world of finance for young people, while connecting them with scholarships and additional funds while they study. The oversubscribed round was

https://ift.tt/2AjHJE0 The week of World Mental Health Day, Feedzai, the world’s first RiskOps platform for financial risk management, announces the implementation of its new mental health and menstruation leave benefit, allowing all employees one (1) day off, per month and without a salary impact, for self-care when experiencing physical, mental health, menstruation, or menopause related

https://ift.tt/4snaGd5 To provide financial advisors with an innovative holistic view into all aspects of an investor’s financial journey, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced a strategic partnership with open finance leader MX to utilize the company’s financial data aggregation and personalized financial management automation solutions. This is another example of

https://ift.tt/WD9SVUL With the pandemic, there was a surge in 2nd home buying. I’m looking at data for some second home markets – and I’m tracking those markets to see if there is an impact from lending changes, rising mortgage rates or the easing of the pandemic. This graph is for South Lake Tahoe since 2004

https://ift.tt/g5Fsk0U | Getty Images Key takeaways On average, housing prices are dropping, nationally. Housing markets that are cooling the most are concentrated on the West Coast. Rising interest rates and economic uncertainty are among the chief factors pushing home prices down. The housing market has been cruising up a one way street for some time.

https://ift.tt/GkojrE7 As American votes on November 8, 2022. What’s the expected market impact? Researchers have found a … [+] surprising effect. (Photo by Frederic J. BROWN / AFP) (Photo credit should read FREDERIC J. BROWN/AFP via Getty Images) AFP via Getty Images American heads to the polls in under a month on November 8 2022

https://ift.tt/rSb7J1j Source: Kyndryl Deutsche Bank (NYSE: DB) and Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced a new agreement under which the bank will extend one of the largest and longest running vendor contracts in the financial industry. Kyndryl will continue to run Deutsche Bank’s Continental European core banking and mission

https://ift.tt/ocYe7f4 Two Electric Shovels On A Road in Copper Mine Escondida, Chile. (Photo by Oliver Llaneza … [+] Hesse/Construction Photography/Avalon/Getty Images) Getty Images Shares in Ferrexpo slumped 9% on Tuesday as it announced news of production disruptions following Russian missile strikes in Ukraine. Ferrexpo — which is the world’s third-largest exporter of iron ore pellets

https://ift.tt/2hIEcJU Source: Coinbase We are excited to announce that we have received our In-Principle Approval (IPA) as a Major Payments Institution licence holder from the Monetary Authority of Singapore (MAS). This licencewill allow us to offer regulated Digital Payment Token products and services in the island state. We are also excited to confirm that our

https://ift.tt/EPY2e8s The Financial Conduct Authority (FCA) has set additional expectations for banks that are considering branch or ATM closures. The guidance, which already expects banks to carry out thorough checks on the impact permanent closures will have on customers, has now been extended to cover partial closures and demands that banks make alternative provisions for

https://ift.tt/uKr2P1Z Source: CUBE CUBE Global (“CUBE”), a global leader in Automated Regulatory Intelligence (“ARI”), today announced a strategic growth investment from Bregal Milestone (“Milestone”), a leading technology growth capital firm with c. €1.2 billion of capital raised dedicated to investments in high-growth, market defining technology companies. The investment marks the first institutional capital investment for

https://ift.tt/ZiQGqzX Source: SurePay Railsr, the leading global embedded finance experience platform, has selected SurePay as its UK Faster Payments (UKFP) Confirmation of Payee (CoP) vendor to help its customers combat fraud and misdirected payments in the UK. With SurePay, Railsr can now take the next step in putting customer payment safety first when it comes

https://ift.tt/u9Rgl7t Source: ComplyAdvantage Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, the financial industry’s leading source of AI-driven financial crime risk data and detection technology, today announced the general availability of their solution for fighting financial crime across the U.S. and Europe. Financial crime is a multi-trillion-dollar problem. According to

https://ift.tt/cOVYhFa Source: SmartStream SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of TLM Aurora Advanced Account Control, enabling clients to be ready for ISO 20022 standards – the new AI-enabled solution will allow customers to manage large, verified data sets, not only for reconciliation purposes, but for downstream systems. Built

https://ift.tt/BfLpSYj Source: CUBE CUBE Global (“CUBE”), a global leader in Automated Regulatory Intelligence (“ARI”), today announced a strategic growth investment from Bregal Milestone (“Milestone”), a leading technology growth capital firm with c. €1.2 billion of capital raised dedicated to investments in high-growth, market defining technology companies. The investment marks the first institutional capital investment for

https://ift.tt/9jfoQx2 Source: JPMorgan Global tennis megastar and venture capitalist Serena Williams will join J.P. Morgan’s Global Head of Payments, Takis Georgakopoulos for a fireside chat at this year’s Money20/20. The tennis legend recently shared the news that she’s hanging up her racket to focus on her venture capital firm Serena Ventures. Since 2014, Williams’ firm

https://ift.tt/XHMDFkw Source: ClearBank Aite-Novarica Group today announced the launch of a new study, commissioned by ClearBank, that reveals one in five fintechs are losing $11m per year in product delays due to BaaS (Banking-as-a-Service) providers. The report “Confusion, cost, and compliance: The bifurcation of BaaS and Embedded Banking” reveals that fintechs are increasingly reliant on

https://ift.tt/iSFvpR3 Facing a challenging economic environment, business payments platform Airwallex has sustained its $5.5 billion valuation in a new $100 million funding round. The cash came from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent. HostPlus, an Australian industry superannuation fund, as well as a

https://ift.tt/pD1sjEf Source: Mastercard Mastercard, the global payments technology company, and PostePay, part of the Poste Italiane Group, today announce they are working together to launch a “Request to Pay” (RTP) solution in Italy. Request to Pay allows billers to request the payment of goods and services, digitally and in real-time. The payer receives a digital

https://ift.tt/MCN5B9Q New research from ClearBank and Aite-Novarica Group reveals that half of fintechs are losing $11m per year in product delays due to BaaS (Banking-as-a-Service) providers. The report states that fintech firms must now embrace an embedded banking approach. Today, BaaS is used by 82% of fintech companies, with BaaS-related services representing 45% of a

https://ift.tt/C7bXQnj Source: Outseer Outseer, the leader in payment authentication and monitoring solutions, has today released a new study that finds £95 is reported lost to fraudsters every second in the UK. Outseer studied data of all the reported incidents of fraud to Action Fraud – the UK’s national reporting centre for fraud and cybercrime –

https://ift.tt/zJN2w0c Source: Pleo Pleo today announces the appointment of Abigail Slater as its new head of operations in the UK and Ireland. Europe’s leading business spend solution, which is helping small and medium sized businesses leave behind the pains of old-fashioned financial processes, is now investing in further strategic talent for its UKI team, following

https://ift.tt/Gm3Ih5B Worldline is to provide a means for Indian tourists in Europe to use their domestic payment schemes, the mobile QR-based Unified Payment Interface and card network RuPay, to pay for their shopping over the counter. Currently, customers from India pay through international card networks. However, the hugely popular United Payments Interface from the National

https://ift.tt/p6Xl82n Embedded finance and retail go hand in hand and this is no different in Ag retail. Correct Agriculture Retail. This is important as this sector is worth $56bn in North America alone and some estimates claim 90% of payments are still made using paper checks.  However, a recent SPAC proposition to combine an ag

https://ift.tt/JtH5iVy HSBC has cut the approval process for new Receivables Finance (RF) customers from one to two months to under 48 hours, using a new technology platform from Trade Ledger Using the online application form, HSBC customers can now transfer data directly through an API from their accounting software package. They also have the option

https://ift.tt/IetzqjN Source: MarketFinance MarketFinance, the leading fintech credit and payments company, has secured a £30m credit facility from Viola, the Israeli technology investment group, to expand its B2B Pay Later embedded finance offering for SMEs. MarketFinance secures £30m credit facility to expand B2B Pay Later offering for SMEsAvailable in Sterling, US Dollars, and Euros, the

https://ift.tt/zeo67iO OakNorth Bank has acquired a 50% stake in property lender ASK Partners, which has lent in excess of £1bn across over 90 transactions through its online platform. The transaction cements a five-year working relationship between the two businesses, who have provided structured debt to SME housebuilders and property entrepreneurs across 45 joint transactions. Ben

https://ift.tt/AWe0LxI Brian Armstrong, cofounder and CEO of Coinbase. Samyukta Lakshmi/Bloomberg Coinbase, the world’s second-largest crypto exchange cofounded by billionaire Brian Armstrong, has been granted permission to operate in Singapore as the city-state seeks to strengthen its position as an Asian digital asset hub. The Nasdaq-listed company announced on Tuesday its Singapore unit had received in-principle

https://ift.tt/4IyhBUT Source: Alpian Alpian SA (Alpian) is proud to announce the opening of the first Swiss digital private bank designed to cater specifically to the needs of the mass affluent client segment. Its mobile-first digital service, which combines everyday and private banking, is now available for download on the Apple and Google play stores. Alpian’s

https://ift.tt/4HVNIXD Source: Fluro Fluro, the UK consumer lender previously known as Lending Works, today announced a landmark £200 million financing partnership with BNP Paribas. Established in 2014, over the last two years, Fluro has evolved to become an institutionally funded lender and this facility from BNP Paribas will allow Fluro to significantly expand its balance

https://ift.tt/k6Cfsvl LHV UK is to buy the SME lending business of Manchester-based Bank North, which is winding down its operations after failing to fully capitalise the bank. So far, LHV UK has offered banking services to over 200 fintech companies such as Paysafe, Blockchain, Currencycloud, Coinbase, and Wise. It planned to expand to servicing SMEs

https://ift.tt/4pl0ZkR Mastercard has approved the first cards for issuers that are compatible with the new EMVCo contactless specifications designed to protect against attacks from both traditional and quantum computers. Experts have been warning for years about the potential for quantum computing to render today’s security protocols obsolete. Mastercard has been working with global standards body

https://ift.tt/d3Q6c9f In the lead up to Sibos 2022, Finextra spoke to Dan Globerson, head of Bank of APIs at NatWest, to explore how he is leading the bank’s regulatory commitments in the UK and Europe, driving a culture of API enablement, and collaborating across the industry by establishing standards. The Bank of APIs was built

https://ift.tt/qFGQ96b Source: Digital Asset At Sibos, Digital Asset introduced Daml Finance, a significant addition to its smart contract platform, Daml, that accelerates the tokenization process. Daml Finance is a new, open source offering within Daml that provides users with a collection of purpose-built libraries to enable rapid development of enterprise-grade tokenization solutions. Daml Finance will

https://ift.tt/DurC0Vo JPMorgan Chase and Visa are to establish connectivity between their global private blockchain networks, Liink and B2B Connect. Under the collaboration Visa B2B Connect will utilise Confirm, a new tool from Liink to validate new accounts for cross border payments and to approve accounts when new users onboard. Confirm allows institutions to safely validate

https://ift.tt/7xZLcTI Changing credit market conditions are part of the OCC’s focus for the coming year Compliance Duties Feature Feature3 Compliance Management Compliance/Regulatory Operational Risk Risk Management Financial Services

https://ift.tt/a2GDrR6 Mastercard has approved the first cards for issuers that are compatible with the new EMVCo contactless specifications designed to protect against attacks from both traditional and quantum computers. Experts have been warning for years about the potential for quantum computing to render today’s security protocols obsolete. With growing fears over the prospect of bad

https://www.finextra.com/pressarticle/94379/smartsearch-names-zowie-lees-howell-as-new-vp-of-enterprise-sales Source: SmartSearch SmartSearch, the leading UK provider of anti-money laundering (AML) software has appointed Zowie Lees-Howell as their new vice president of enterprise sales. Zowie is a well-respected name within regtech, fintech and financial services, with more than 25 years of experience with global, publicly trading data and analytics firms. She joins from Equifax

https://ift.tt/BzLOsZ6 Topline With third-quarter earnings season kicking off this week, analysts at Goldman Sachs are telling clients to buy stocks with a high percentage of sales from the United States to help protect against the looming consequences of the dollar’s historic rally this year, which is good for Americans traveling abroad but will inevitably spell

https://ift.tt/TDELXwS From Dodge Data Analytics: Dodge Momentum Index Rises In September The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 5.7% (2000=100) in September to 183.2 from the revised August reading of 173.4. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction

https://ift.tt/mNqEKZ0 | Getty Images Key Takeaways The Case-Shiller Index measures home price data and provides an overview of the health of the housing market. Knowing the health of housing is important as it makes up a large portion of the US economy. There are other tools that measure housing data, but none are as widely