Finastra

Business Wire | September 18, 2020

Apifiny, a leading fintech company that is building a new internet of financial services, today announced that ECS Fin will begin a pilot program to test the integration of Apifiny’s Roxe instant settlement network. The Roxe network is designed to save financial institutions significant time and costs by using blockchain technology to provide highly reliable, secure, and real-time clearing and cross-border settlement of payments and remittances, traditional assets, and digital assets. On t...

Business Wire | September 17, 2020

Canadian RegTech solution providers, PortfolioAid and VigilantCS, have formed a strategic partnership to help Canada’s wealth management industry tackle client-focused reforms (CFRs) with award-winning technology. Under CFR, firms must comply with new conflict of interest provisions by June 30, 2021, and new KYP/KYC suitability obligations by Dec. 31, 2021. Both firms automate and digitize core CFR controls to support wealth management firms, decreasing cost of compliance and improving evi...

Cision PR Newswire | September 16, 2020

Alloy, the identity operating system for the financial services industry, today announced it has raised $40 million in Series B funding. Canapi Ventures led the round with participation from Felicis Ventures and Avid Ventures, as well as existing investors Bessemer Ventures, Primary Venture Partners, and Eniac Ventures. In addition, Canapi Ventures partner Walker Forehand will join Alloy's board of directors. Fintechs and banks alike are turning to Alloy to automate their increasingly comple...

PR Newswire | September 15, 2020

MoneyLion, the award-winning consumer digital finance platform, today announced the launch of its new thematic investment solutions, powered by industry leaders Global X ETFs and Wilshire. With thematic investing, MoneyLion members can now invest in portfolios that reflect their personal preferences, interests and passions, such as clean energy, artificial intelligence, and social responsibility. The new thematic portfolios are designed as packaged solutions to meet certain investment interests ...