Is Bitcoin legally classed as property or not in the UK? A call for clarity
Nov15

Is Bitcoin legally classed as property or not in the UK? A call for clarity

By Thomas Hulme, Commercial Disputes and Litigation Solicitor at Mackrell. specialising in Blockchain and Cryptoassets Cryptoassets and Bitcoin Cryptoassets have been in existence since the creation of Bitcoin (BTC) in 2008. Since then, we have seen the rise in the price of BTC, the creation, cloning and forking of cryptoassets. At the end of 2017, one BTC was bought and sold at the price of almost $20,000. The price for one BTC today...

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So, what IS the future of… Money?
Nov15

So, what IS the future of… Money?

For nearly a decade, the Future of Money session at Sibos has been one of the most eagerly anticipated and keenly attended. It’s the forum where wise words have been shared and debated. It acts as a crystal ball, with top industry figures identifying and discussing the major disruptive trends likely to shape the financial services landscape and the notion of money itself. If you’re curious about what’s over the horizon, read on… This...

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Jody Bhagat, Personetics on relationships with banks
Nov15

Jody Bhagat, Personetics on relationships with banks

We speak with Jody Bhagat, Personetics about relationships with banks.

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Europe’s biggest international banking and fintech event – Monex Summit Europe to take place on 27th – 28th of November 2019, in Warsaw, Poland
Nov15

Europe’s biggest international banking and fintech event – Monex Summit Europe to take place on 27th – 28th of November 2019, in Warsaw, Poland

Monex Summit Europe, provides networking services and organizes professional B2B meetings:  Monex Summit Europe aims to expand the knowledge and maximize deal-making opportunities for all participants within the region. The event will welcome the top managers; ranging from the industry’s biggest multinational players and banks to its most innovative startups and renowned speakers.  The summit will provide months’ worth of networking...

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Demand for cash remains strong despite proliferation of alternative payment methods
Nov15

Demand for cash remains strong despite proliferation of alternative payment methods

Cashless payments have come a long way in recent years, but cash is still a popular means of payment in most countries, particularly those with large rural and unbanked populations ATM cash withdrawals will continue to increase in most countries After many years of growth, the total number of ATM cash withdrawals worldwide dropped by 3% to 95 billion in 2018, and is forecast to continue falling, according to RBR’s Global ATM Market...

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China goes full digital with its currency market
Nov15

China goes full digital with its currency market

China is starting to double down on its decision to implement the blockchain in their country’s economy. Most of the industries in China are already poised to receive this update, especially the banking sector as well as some major tech companies. However, The Chinese Communist Party is not going to stop just there as it wants the CBDC (Chinese Bank Digital Currency) to spread as much as possible all over the world. What this means is...

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Peter Tilton, RBC on customer expectations
Nov15

Peter Tilton, RBC on customer expectations

We speak with Peter Tilton, RBC about what is different about customer expectations today.

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Hargreaves Lansdown selects aixigo AG as Technology Partner for their Future Advisory Services Software
Nov15

Hargreaves Lansdown selects aixigo AG as Technology Partner for their Future Advisory Services Software

Hargreaves Lansdown selects the Germany-based international software provider aixigo AG as Technology Partner for their Future Advisory Services Software. Designed for anybody who wants and has the means to save and invest for their or their family’s future. Hargreaves Lansdown has chosen aixigo AG to deliver the technology and create an efficient, scalable and compliant Client-focused omnichannel advisory journey to support their...

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Mama Money improves financial control with Duco reconciliation platform
Nov15

Mama Money improves financial control with Duco reconciliation platform

Duco, the global leader of cloud-based enterprise data integrity and next-generation reconciliation services today announced that Mama Money, the world’s first social business money transfer operator, has gone live on the Duco reconciliation platform. The solution enables Mama Money to accurately reconcile payments with cash movements. The advanced workflow automation has already delivered savings in personnel, greater financial...

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Orange Bank celebrates its second birthday as it continues to grow
Nov15

Orange Bank celebrates its second birthday as it continues to grow

Two years after its launch, Orange Bank is living up to its initial promise; occupying a position in the banking market with an offer that differentiates it from the competition: simple, accessible, above all mobile and regularly enriched with new services such as transfers by SMS[1] in 2018 and the Visa Premium[2] card in 2019. In October, Orange Bank launched the financing of mobile devices and other purchases in Orange stores....

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Four Abacus Group Managers Named Women in Finance Awards Finalists
Nov15

Four Abacus Group Managers Named Women in Finance Awards Finalists

Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, is pleased to announce that four of its managers have been selected as finalists in the 5th Annual Markets Choice Awards: Women in Finance, presented by Markets Media Group. The WIF program recognizes the most talented and accomplished women in multiple categories across the finance industry. Nominations are made by readers of...

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Triple shortlisting for Banking Circle at the Card & Payments Awards 2020
Nov15

Triple shortlisting for Banking Circle at the Card & Payments Awards 2020

Financial Utility recognised for innovation and service to business Banking Circle, the ground-breaking provider of financial services infrastructure has been shortlisted for three awards in the upcoming Card & Payments Awards. Banking Circle Virtual IBAN is up for the Best Service to Business award, and together with Ixaris Payments is shortlisted for Best Technology Initiative of the Year. In addition, Ixaris Payments and...

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Andrew Stevens, on a tailor-made journey
Nov15

Andrew Stevens, on a tailor-made journey

We speak with Andrew Stevens, Quadient about what can a tailor-made journey provide for institutions and customers.

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Fintech Finance Presents: The Fintech Show 2.17 – Ai, Innovation and more!
Nov15

Fintech Finance Presents: The Fintech Show 2.17 – Ai, Innovation and more!

In this episode of the Fintech Show, we scope out the newest innovations that are changing finance as we speak. This week we sit down with industry leaders like Lisa Frazier from Bank of America, and James Binns from Barclays, to get their lowdown on new tech and artificial intelligence. Meanwhile, over at this year’s MASSIVE Sibos event in London, we got exclusive interviews with SmartStream global product manager Peter Hainz...

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Mario Aransay, Santander on financial wellbeing for their customers
Nov15

Mario Aransay, Santander on financial wellbeing for their customers

We speak with Mario Aransay, Santander about what does financial wellbeing means for their customers.

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Oracle 2020 predictions – the year that releases the spending power of the CFO
Nov15

Oracle 2020 predictions – the year that releases the spending power of the CFO

By Nick Jackson’s, Director of Finance & Performance Innovation at Oracle CFOs are looking to invest in technology In the last 12 months, CFOs, particularly in the UK, have tightened the purse strings due to political and economic uncertainty. As we move into 2020 we expect, or at least hope, that we will have more clarity. With this comes spending – CFOs will look to spend funds they have been holding back over the previous year...

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Paragon Bank named Best Specialist Commercial Lender
Nov15

Paragon Bank named Best Specialist Commercial Lender

Paragon Bank has been recognised for its work supporting UK based non-bank lenders at the 2019 Lending Awards, a leading industry awards ceremony. Paragon’s Structured Lending team has been named as Best Specialist Commercial Lender. The business provides senior debt to clients to help them grow their lending activities, putting money into the economy to support the funding needs of businesses and individuals. Adam Daniels, Managing...

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Oodle Car Finance Completes Dealership Campaign Trail
Nov15

Oodle Car Finance Completes Dealership Campaign Trail

…Bus roadshow of the UK went at full throttle… Oodle Car Finance, the visionary company changing the way people buy used cars, has announced the completion of its exclusive car dealership bus roadshow across the UK. Committed to supporting car dealers and the important, established role they play in the purchase process, the Oodle Car Finance bus campaign was inspired and developed by independent communications agency, Grey Bear. It...

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Major Western blockchain investors knock on the door of the Chinese Crypto Scene
Nov15

Major Western blockchain investors knock on the door of the Chinese Crypto Scene

President Xi of China’s announcement that blockchain should be a strategic goal has accelerated leading European incubator Outlier Venture’s expansion into China, as they invest in their first Chinese project, adding to the early indicators of a thawing of crypto winter. The announcement from President Xi Jinping, that blockchain should be a strategic goal for China, ahead of their state-backed digital currency sent all of the 100+...

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Crypto-friendly banking service Cashaa added USD bank accounts
Nov15

Crypto-friendly banking service Cashaa added USD bank accounts

Crypto-friendly banking service platform Cashaa is announcing the launch of US Dollar bank accounts for crypto businesses in partnership with Metropolitan Commercial Bank. Starting from 25th November, cryptocurrencies and other high-risk businesses can apply for US Dollar accounts with full banking features from anywhere in the world, except for sanctioned countries, through Cashaa. “As our world is changing, new types of businesses...

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Avaloq completes the acquisition of Derivative Partners
Nov15

Avaloq completes the acquisition of Derivative Partners

Avaloq, the leading cloud platform and service provider for banks, wealth managers and investment firms, has successfully closed the acquisition of Zurich-based Derivative Partners AG, the number one independent information and data provider for structured products and derivatives in Switzerland. The deal was first announced in July this year. Derivative Partners will continue to operate as an organizational entity, with all staff...

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Paysafe wins two Payments Awards
Nov14

Paysafe wins two Payments Awards

Paysafe named winner of ‘Best Online Payments Solution – Consumer’ and ‘Blockchain or Cryptocurrency Initiative of the Year’ categories Paysafe, a leading specialised payments platform, has won in two categories at the Payments Awards which took place in London on Wednesday, 13 November. The company was named winner of the ‘Best Online Payments Solution – Consumer’ and ‘Blockchain or Cryptocurrency Initiative of the Year’ in...

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Jordan most unequal country for financial inclusion worldwide
Nov14

Jordan most unequal country for financial inclusion worldwide

New analysis from Paysend reveals the top ten countries with the highest gender divide for access to a bank or mobile money account  New analysis by Paysend, the global fintech business, reveals the ten countries with the highest gender divide for access to a bank or mobile money account. Paysend analysed the latest data from the World Bank to compare the percentage of men with access to a bank or mobile money account compared to...

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Dennis Khoo, UOB on AI
Nov14

Dennis Khoo, UOB on AI

We speak with Dennis Khoo, UOB about how important are AI and personalisation when connecting with the under 35 generation.

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IT’S ALL A QUESTION OF TRUST
Nov14

IT’S ALL A QUESTION OF TRUST

We talk to Alex Batlin, founder and CEO of Trustology, about the crypto space, Facebook’s Libra platform and building faith in decentralised finance THE FINTECH MAGAZINE: Where do you think we are now with blockchain-based decentralised finance? ALEX BATLIN: Decentralised finance (DeFi) is evolving quickly. What we’re seeing is the first wave of service platforms and providers interacting with decentralised currencies like Bitcoin and...

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Finance Predictions 2020
Nov14

Finance Predictions 2020

Jayakumar Venkataraman, Partner, Banking, Financial Services and Insurance, Infosys Consulting 1.2020, the year of the Ecosystem Approach and the API Economy “In 2020, we will see the rise of the ecosystem approach in creating new propositions and delivering banking and financial services to customers. Globally, open banking and PSD2 have enabled newer players to enter the market and gain access to customers’ data that was previously...

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Nucleus Software appoints Prakash Purushottam Pai as Chief Evangelist Officer
Nov14

Nucleus Software appoints Prakash Purushottam Pai as Chief Evangelist Officer

Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, has appointed Prakash Purushottam Pai as its Chief Evangelist Officer. As the Chief Evangelist Officer, Prakash will take on the responsibility of communicating effectively the unprecedented value of the company’s award winning solutions. He will play a key role in taking the technical, functional and business...

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Caspian and Tagomi partnership sets new industry standard for crypto trading
Nov14

Caspian and Tagomi partnership sets new industry standard for crypto trading

Caspian, the full-stack crypto trading and portfolio management platform for institutional investors and sophisticated traders, today announced it has partnered with Tagomi the leading global digital assets prime broker. The two industry captains are set to shake up the crypto market with a new standard of crypto trading. The partnership will create the safest, most efficient and easy to access full end to end trading solution for...

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Wirecard wins YeePay, leading Chinese travel payment company, as a new partner for airline bookings globally
Nov14

Wirecard wins YeePay, leading Chinese travel payment company, as a new partner for airline bookings globally

YeePay is the leading acquirer in China for the airline and travel industry Wirecard will help all YeePay customers in the airline industry to internationalize their business by providing payment services outside of China The potential transaction volume for Wirecard from this collaboration is over EUR 17 billion annually Wirecard, the global innovation leader for digital financial technology, continues to expand its business with...

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CAREOLOGY RAISES £1.12M FOR AMBITIOUS GROWTH PLANS
Nov14

CAREOLOGY RAISES £1.12M FOR AMBITIOUS GROWTH PLANS

Careology, the ground-breaking health-tech platform for cancer care, announced that they have raised £1.12M in funding from some of the UK’s leading health and technology private angel investors.    Careology is the first intelligent technology that empowers people with cancer to feel in control of their own care.  It seamlessly connects them to their family and healthcare provider to enable proactive, real-time care.  The data-driven...

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Sunrate inks deal with Moorwand for card issuing services
Nov14

Sunrate inks deal with Moorwand for card issuing services

 Moorwand, a dedicated BIN sponsor that turns compliance into a competitive advantage, today announced that it is providing BIN sponsorship and card issuing services to Sunrate Partners Limited, a world-class foreign exchange and global payments provider. Moorwand is providing Sunrate with a card programme which launched today. In addition, Moorwand is also acting as a BIN Sponsor, providing Sunrate with access to the Mastercard...

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Tandem Bank Appoints Former HSBC Head of Banking Products as Chief Growth Officer
Nov14

Tandem Bank Appoints Former HSBC Head of Banking Products as Chief Growth Officer

Tandem Bank is set to launch in Hong Kong by the end of the year as it pushes ahead with its international growth plans in addition to driving an exciting domestic growth agenda. Tandem appoints Chief Growth Officer, Kunal Malani, who brings a wealth of experience from positions held at HSBC, Barclays and Capital One. Ricky Knox, Tandem Bank CEO, says: “I’m delighted to welcome Kunal to Tandem. He brings a wealth of experience from...

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David A. Johnston, YGC on Crypto and Blockchain
Nov14

David A. Johnston, YGC on Crypto and Blockchain

We speak with David A. Johnston, YGC about Crypto and Blockchain.

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Emmanuel de Rességuier & Raphael Barisaac, UniCredit on SCA changing the industry
Nov14

Emmanuel de Rességuier & Raphael Barisaac, UniCredit on SCA changing the industry

We speak with Emmanuel de Rességuier & Raphael Barisaac, UniCredit about how will the SCA change the industry.

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Alipay and Worldline to enable mobile payment in Europe for tourists from all over Asia
Nov14

Alipay and Worldline to enable mobile payment in Europe for tourists from all over Asia

The cooperation allows users of Alipay’s e-wallet partners from other Asian countries to pay at Worldline terminals across Europe and offers European merchants a simple way to further expand their Asian customer base Alipay, a globally leading payment and lifestyle platform operated by Ant Financial Services Group, and Worldline, the European leader in the payment and transactional services industry, announced the expansion of their...

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Banking Circle Lending named Best Alternative SME Lender (£0-£250,000)
Nov14

Banking Circle Lending named Best Alternative SME Lender (£0-£250,000)

Banking Circle Lending has been named Best Alternative SME Lender in the £0-£250,000 category at the Credit Strategy Lending Awards. Announced at a ceremony during the Credit Strategy Lending Summit in London, the Lending Awards is the only awards programme which distinguishes and rewards individuals and businesses across the spectrum of Alternative Lending, Commercial Finance and Mortgage sectors. As such they celebrate and recognise...

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VISA TRAVELCARD, WIREX BRINGS BORDERLESS PAYMENTS TO APAC
Nov14

VISA TRAVELCARD, WIREX BRINGS BORDERLESS PAYMENTS TO APAC

Leading borderless payment platform Wirex announced the launch of a brand new next-generation Wirex Visa Travelcard at the Singapore FinTech Festival today. The multicurrency travel card will empower customers across the APAC region to seamlessly spend multiple crypto and fiat currencies, and earn crypto rewards wherever they travel. All cryptocurrency exchanges to legal tender fiat currency takes place before users transact on the...

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ADYEN LAUNCHES CARD ISSUING OFFERING
Nov14

ADYEN LAUNCHES CARD ISSUING OFFERING

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, today announced the addition of card issuing to its offering. Adyen Issuing will enable clients to provide virtual and/or physical cards to their customers. Cards issued by Adyen can be used online, in-app, in-store, and can be integrated into mobile wallets. Adyen Issuing will meet various client needs. It gives them the ability to...

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BOKIS and Nets enter into new five-year agreement
Nov14

BOKIS and Nets enter into new five-year agreement

BOKIS, a Danish payment and card company representing 57 domestic banks, and Nets, a market leader in the payments industry, have entered into a new five-year agreement. This means that BOKIS member banks will continue to issue and process the Danish domestic card, Dankort. Additionally, the companies have renewed their processing agreement for international payment cards. BOKIS represents Sydbank, Spar Nord Bank, Arbejdernes...

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Exprivia and Salt Edge partnered up to offer greater access to open banking solutions
Nov14

Exprivia and Salt Edge partnered up to offer greater access to open banking solutions

Exprivia | Italtel, an international company specialized in Information and Communication Technology, and Salt Edge, a leader in developing open banking solutions, combined their efforts to open up the possibility for banks and other financial institutions to take advantage of innovative digital technology and global connectivity. United by the common mission to ensure broader access to technology-driven experiences, the partnership...

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Onguard’s new machine learning function enables companies to predict customer payment behaviour

Onguard, the fintech company that streamlines the entire order-to-cash process, has announced that in collaboration with Altares Dun & Bradstreet and Quantforce, machine learning will feature in its platform to enable businesses to predict the payment behaviour of debtors and act accordingly. Available from early 2020, the platform brings together historical data from Onguard’s software, external debtor information from business...

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United Arab Bank chooses Finastra to power digital transformation
Nov14

United Arab Bank chooses Finastra to power digital transformation

Finastra announced today, during Finastra Universe Dubai, that it has signed a transformative deal with United Arab Bank, a UAE-based bank that offers services to retail and corporate customers. The bank has selected Finastra’s Fusion Corporate Channels and Fusion Cash Management products to strengthen its corporate offering and help attract more customers. It is also upgrading to the latest version of Fusion Equation, Finastra’s core...

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Visa and Georgia’s TBC-Backed Neobank (Space) Announce Strategic Partnership
Nov14

Visa and Georgia’s TBC-Backed Neobank (Space) Announce Strategic Partnership

Visa, the world’s leader in digital payments, and Space, the first fully digital bank in Georgia, today announced they have signed a partnership agreement to jointly develop innovative banking services and expand digital banking footprints in new geographies. Space is a startup backed by TBC Bank and was launched in 2018 with just three employees. They now have more than 70 employees, and have amassed a portfolio of more than 160,000...

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Fintech: Launch of Artificial Intelligence Centre of Expertise for Banks
Nov14

Fintech: Launch of Artificial Intelligence Centre of Expertise for Banks

In an effort to share knowledge and experience from across the banking sector, ABI Lab, the banking research and innovation centre promoted by the Italian Banking Association (ABI), has created a new Centre of Expertise on Artificial Intelligence, the Artificial Intelligence Hub (AI Hub).  In the future, an increasing development and synergy between the entities managing artificial intelligence initiatives could improve the mechanisms...

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LHoFT launches the Luxembourg Academy of Digital Finance in partnership with CFTE
Nov14

LHoFT launches the Luxembourg Academy of Digital Finance in partnership with CFTE

Luxembourg House of Financial Technology (LHoFT) and Centre for Finance, Technology and Entrepreneurship (CFTE) are delighted to announce the formation of the Luxembourg Academy of Digital Finance. The Academy is designed to help financial institutions upskill their employees in Fintech, and help finance professionals to deepen their understanding of the changing landscape of the industry. The announcement was made on 13th of November...

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Juvo Partners with DOCOMO Digital to Boost Mobile Commerce
Nov14

Juvo Partners with DOCOMO Digital to Boost Mobile Commerce

Juvo, a pioneer of financial identities for the underbanked, has today announced a strategic partnership with DOCOMO Digital, the preeminent mobile commerce enabler. The partnership will focus on combining Juvo’s financial identity and credit lending capabilities with DOCOMO Digital’s class-leading payments platform for mobile carriers, OTTs and digital merchants. This partnership would enable increased financial flexibility for...

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Founder’s Journey: Dana Baki
Nov14

Founder’s Journey: Dana Baki

Dana Baki and Mohammad Al Zaben are two food enthusiasts who, like many of us out here, often wasted several hours trying to decide on what to eat for lunch and which restaurant to order from, only to end up either ordering some thing they’ve had before or not ordering at all.  But unlike the rest of us, the pair joined forces in 2016 to establish LUNCH:ON, a startup that delivers affordable meals to office buildings in a convenient...

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Farmers Union Mutual Insurance Company (FUMICO) Selects Sapiens Solutions Over the Cloud for its P&C Transformation Project
Nov14

Farmers Union Mutual Insurance Company (FUMICO) Selects Sapiens Solutions Over the Cloud for its P&C Transformation Project

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Farmers Union Mutual Insurance Company (FUMICO), the largest domiciled property & casualty (P&C) insurance company in Montana, has selected Sapiens CoreSuite for Property & Casualty and Sapiens IntelligencePro for Property & Casualty over the cloud for its digital...

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PayTechs of Canada Names its First Executive Director
Nov14

PayTechs of Canada Names its First Executive Director

PayTechs of Canada, the association advancing the interests of the national paytech community, today announced it has hired Doug Kreviazuk as its first executive director. Doug is a twenty-year veteran of the Canadian payments industry, having most recently served as Lead Payments Consultant at the Competition Bureau. In his previous twenty years, Doug served as Vice President of Next Generation Clearing and Settlement and Vice...

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Standard Chartered and Quantexa join forces to tackle financial crime with contextual decision intelligence
Nov14

Standard Chartered and Quantexa join forces to tackle financial crime with contextual decision intelligence

Standard Chartered has partnered with Quantexa, the contextual decision intelligence software company, to amplify its anti-financial crime efforts globally. Working as part of a wider ecosystem, Quantexa will support Standard Chartered’s Financial Crime team through use of dynamic entity resolution, network analytics and contextual data to tackle major real-world challenges, including money laundering, fraud and terrorist financing....

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