David Albertazzi, Director, Retail Banking & Payments at Aite-Novarica Group, said: The efficacy of financial technology providers is now gauged not just by the strength of their individual solutions, but by the breadth and openness of the ecosystems they provide – by how easy they make it for clients to tap into an array of…
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The raised funds will allow F10 to grow its current hubs in Europe and Asia and expand into new geographies. F10 corporate partners will have early access to startups selected across all global programs. They will also be able to benefit from the growing global network of partners, startups, and investors, as well as increased…
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Konstantin Stiskin, supervisory board member and co-founder at FINOM added: Over 5000 business clients of FINOM are already using Klarna solutions to improve their lives. Professionals and SMEs are the backbone of the European economy, but they are largely underserved when it comes to banking and financial services. At FINOM we work everyday to address…
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With steady investments in the software solutions provider, Redline’s service offering will be become fully and globally comprehensive. This will allow the company to deliver real-time and historical normalized financial market data including consolidated, delayed or end-of-day formats through wire protocol or API, available in available in Pico’s financial cloud. Pico’s clients will be able…
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Plaid also intends to bring in new products that will allow banks and fintech companies to connect more easily. This will provide the level of security that banks expect while also making sure that no functionality is removed. As the fintech landscape continues to move forward, new and innovative products are vital to the industry’s…
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Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…
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Genesis operates its business mainly in the Asia-Pacific region through two Australian entities. The company reported consolidated revenue and EBITDA of USD 15.6 million and USD1.2 million, respectively for 2020. With FDC's software development resources, Genesis is planning to expand in Australia's fragmented Independent Dealer Group business sector. FDC's Chief Executive Officer, Mitchell M. Eaglstein,…
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TTMzero’s team consists of 25 technology specialists in Berlin and an client base with over 20 large financial institutions, including two of the world’s largest investment banks. Christian Frahm, Founder and CEO, United Fintech explained: We are very excited that TTMzero is now part of United Fintech. They are market leaders in their field, with…
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The exchange plans to to promote DESS as a standalone alternative to CHESS and is now looking for regulatory and government cooperation to allow post-trade participants the choice between using DESS or CHESS as interoperable sub-register systems, via our proposal for a regulated “structural separation” of CHESS and ASX Clear functions. The DESS system will…
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LR: According to you, what are some of the issues in the financial sector at the moment (let’s discuss banking and payment solutions, for example)? One of the main problems facing existing and new brokerages is that they cannot set-up accounts with tier 1 banks to manage payments. They are forced to use tier 2…
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