Trading technology firm DriveWealth secures $450m Series D funding
Fintech will use the funds for continued product and service expansion and additional hires.
Fintech will use the funds for continued product and service expansion and additional hires.
Austrian firm has now raised around $546 million in total funding.
Central bank picks a range of systems from digital banking to treasury and credit facilities.
The consortium promises the creation of a secure environment for processing letters of credit.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Exciting vacancies at Plum, Viber and BNY Mellon. Apply today!
Another batch of funding rounds that might have flown under your radar.
The firm signed a $2.5 billion deal to acquire Itiviti earlier this year.
A heaping helpful of funding rounds from this week to get your teeth into.
Commercial bank to deploy its new platform on the cloud.
The bank-led initiative uses the platform from London-based firm Finteum.
Commerzbank, İşbank, LBBW and two corporates have completed transactions ahead of a launch.
Mashreq Bank is seeking to improve its transaction banking proposition.
The next breakthrough in trade finance is automation driven by data interchange through APIs.
Technology creates opportunities to transform existing processes across global supply chains.
Three key areas of focus are cash management, working capital, and trade finance.
$15m for open banking payments platform Token and $9.4m for trade finance tech specialist Tradeteq.
A permanent shift to New York would be particularly damaging for London.
A handful of CME’s systems will combine with IHS’ MarkitServ.
These concerns have been heightened by a series of fraud allegations relating to commodity transactions.
Some crypto exchanges have delisted it while others have halted, suspended, or disabled trading for XRP.
The implementation and migration took ten months.
Sustainable investments in Switzerland have risen to CHF 1.16 trillion ($1.2 trillion).
The credit export agency selected Calypso after an “extensive” tender.
Encore Theme claims to be one of Finastra’s “fastest growing partners”.
Financial details of the agreement have not been disclosed.
The API allows users to quickly and securely fund their investment account, using payments initiation.
IBM acted as a technology partner with its IBM Cloud.
Mitigram is a global trade finance platform designed for exporters, traders and banks.
Barry Palte, chairman of EQ Capital Partners makes a case for ESG investments.
Wealth managers now have access to more tools than ever to digitise processes.
The fate of the current PRIIPS Key Information Documents (KIDs) remains uncertain.
Nasdaq’s proposal to the SEC pushes for alternative routes to the public markets.
Popular cryptocurrency exchange boosts its monitoring.
The new valuation increased by nearly one-third from a previous round just one month ago.
2.4% of all reported private financial transactions by its staff were transactions with Wirecard in H1.
But the process of issuing bonds is unbelievably slow and largely manual.
The bank is shifting a series of systems to the cloud by 2025.
New scheme kicks off with approval from a handful of Chinese regulators.
PoS lender is working with Goldman Sachs in early-stage discussions of a potential listing.