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United Fintech, TTMzero | February 04, 2021
United Fintech sets foot in the Market Data & RegTech space with German Fintech, TTMzero. United Fintech strikes a 25% stake in the market-leading firm, intending to grow to 80% in the next three years.
The acquisition has been made to acquire and scale innovative Fintech in capital markets. It also involves creating a one-stop-shop Fintech through which banks and financial institutions can benefit and accelerate their transition to a digital world.
Founded in 2...
ING | March 13, 2020
ING has contributed EUR4.5 million to a $42 million funding round in natural language processing vendor Eigen Technologies. The investment, made through the bank’s venture capital arm ING Ventures, is part of Eigen’s Series B round announced in November 2019, which also included financing from Goldman Sachs. Eigen’s NLP technology is already used by ING in areas such as Libor transition and loan operations. The Dutch bank says it intends to further the use of the technology to ...
Cision PR Newswire | October 05, 2020
Broadridge Financial Solutions, Inc. A global Fintech leader, has announced a collaboration with PPI AG, the Hamburg, Germany-based payments consultancy and supplier, to launch a joint payments initiative for banks and financial institutions in Europe. Many banks are currently facing major challenges in payments processing, driven by recent and ongoing market changes, such as the implementation of PSD2, SEPA ISO migration, TARGET2 and SWIFT ISO20022 migration, while also responding to national p...
WTO | February 17, 2020
Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus. The Geneva-based trade body said its goods trade indicator fell to 95.5 from the 96.6 reading reported in November. Readings of less than 100 indicate trade growth below medium-term trends. The WTO said the new figure did not take into account the most recent developments, such as the...
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