October 29, 2024 @ 10:41 pm By Omar Faridi  |  

Banco Santander, Lloyds Banking Group, and UBS have  completed the first uncleared bilateral margin payments using a digital representation of central bank funds on the Sterling Fnality Payment System (£FnPS). This “real-world” proof-of-concept reportedly “proves” that Fnality can be used to make bilateral margin payments… Read More

 Tagged banco santander, fnality, lloyds banking group, ubs

October 29, 2024 @ 4:53 pm By Omar Faridi  |  

Novaprime, a mortgage technology company dedicated to making homeownership more affordable, has recently announced that it makes its public debut with the launch of its AI-powered Loan Quality Platform. The platform is designed to improve the mortgage process by quickly evaluating loan integrity, “reducing processing… Read More

 Tagged ai, artificial intelligence, homeownership, mortgage technology, novaprime

October 29, 2024 @ 4:48 pm By Omar Faridi  |  

Nium, the global infrastructure for real-time cross-border payments,  announced the launch of Nium Verify, a real-time bank account verification solution for businesses and individual accounts, available across 50 markets. Designed to empower businesses with instant verification of beneficiary bank account details, Nium Verify aims to… Read More

 Tagged Cross-Border Transactions, infrastructure, nium, real-time payments

October 29, 2024 @ 4:45 pm By Omar Faridi  |  

David Marcus, the CEO of Lightspark, has emphasized the importance of innovation in digital or online payment systems, especially when compared to the archaic infrastructure many financial institutions still rely on today. In his insightful conversation with Brian Mosoff from BlackRock, Marcus has notably underscored… Read More

 Tagged blockchain adoption, david marcus, lightspark, payments

October 29, 2024 @ 11:49 am By JD Alois  |  

An increase in capital gains taxes (CGT) is anticipated to be announced at this week’s Autumn Statement. This will impact investments in firms and may undermine support of early-stage ventures. This much is clear. Today, we have two more executives adding their voices to the… Read More

 Tagged aurum solutions, autumn statement, quant, uk, united kimgdom, united kingdom

October 29, 2024 @ 11:27 am By JD Alois  |  

Bridgewise says its services are now integrated with SIX – the operator of the Swiss Stock Exchange. Bridgewise offers artificial intelligence (AI) solutions. According to a statement from the company, its product is now integrated into SIX iD. SIX iD provides global financial information for… Read More

 Tagged bridgewise, six, Swiss Stock Exchange, switzerland

October 29, 2024 @ 11:11 am By JD Alois  |  

The Participatory Finance College of France (the entity that represents crowdfunding in France), along with FintechParis Europlace, the French Banking Federation, and France Post Marché (representing the banking institutions managing the plans), have announced they created a procedure for acquiring or subscribing to unlisted securities… Read More

 Tagged financement participatif france, fpf, france, france fintech, pacte law

October 29, 2024 @ 10:52 am By JD Alois  |  

BCB Group has announced a “multi-currency solution leveraging stablecoins” designed to consolidate payments from different cryptocurrencies along with fiat into a single account. The new offering is being described as “stablecoin payments on steroids.” BCB is a payments provider that offers a digital wallet along… Read More

 Tagged bcb group, crypto exchange, payments, stablecoins, uk, united kingdom

October 29, 2024 @ 10:40 am By JD Alois  |  

Smart Lenders AM has signed an exclusive arrangement with Pony via its Lending Smart Fund 1. Pony is an online lender in the mobility sector operating in 21 different cities in France and Belgium. It finances scooters, bicycles, and other mobility items. The credit is… Read More

 Tagged france, online lending, pony, smart lenders

October 29, 2024 @ 10:00 am By Omar Faridi  |  

Quantexa, a global enabler of Decision Intelligence (DI) solutions for the public and private sectors, announced that it has surpassed $100 million in annual recurring revenue (ARR). This update sees Quantexa achieve Centaur status, thus joining a group of SaaS businesses recognized in this category… Read More

 Tagged Quantexa, uk, united kingdom