DriveWealth Brings Foreign Investors to US Equities Markets
#DriveWealth has developed a platform to let fintechs and challenger #banks around the world offer their customers commission-free trading in U.S. #equities.
Financial Technology
Updates from user Toggle Comment Threads | Keyboard Shortcuts
-
user
-
user
EQ Bank Built Its All-Digital Bank On Modern Technology
EQ #Bank has brought all-digital banking to Canada with Temenos T24 core banking #technology.
Financial Technology -
user
Mastercard Offers Real-Time Payments To Support Gig Workers
#Mastercard Send lets companies pay individuals immediately for work they do.
Financial Technology -
user
N26 Launched First European Mobile Banking App To Enter U.S. Market
N26 prides itself on its smooth interface and user friendly features like saving by category and tracking expenditures by category. Will that be enough in the U.S. #market where other #mobile providers already offer similar features?
Financial Technology -
user
FIS Retreats On Security Surcharge For Its Bank Customers
After receiving complaints from community #banks and trade associations representing more banks, FIS has backed away from imposing a cybersecurity #surcharge.
Financial Technology -
user
Legerity FastPost helps leading life insurer to automate new financial reporting and disclosures process
London 19th May 2019: Aegon UK, a leading savings, protection and investment service provider has selected Legerity Limited’s FastPost IFRS 17 solution to help it transition to the new International Financial Reporting Standard (IFRS 17). The new standard takes effect from January 2022 and is one of the most significant changes to accounting in the insurance sector in years, Legerity will provide Aegon UK with its third generation FastPost Accounting Rules and Sub-Ledger solution for implementation as an integrated part of its overall IFRS
17 accounting and reporting process. David Wilson, IFRS 17 Programme Director at Aegon UK, comments, “IFRS 17 is a complex standard impacting multiple stakeholders including Actuarial, Finance and IT. There is no one size fits all solution for IFRS 17 so it is important that we selected best in class #technology that can seamlessly integrate into our end to end financial reporting solution. After a detailed market and product evaluation process we have selected Legerity FastPost. We have been greatly impressed by the Legerity team and their FastPost accounting rules and sub-ledger technology.”
Legerity FastPost has also been selected by other Aegon regions for implementation as part of the Aegon Group’s IFRS 17 global programme. Jeremy Wood, CEO and Founder of Legerity, adds “We are delighted to have entered into this agreement to be a key solution provider to Aegon’s future financial reporting. Aegon is a forward looking firm committed to market innovation and a digital future. It is great testament to our technology, team and achievements to have been selected by Aegon”. -
user
The Clearing House Sponsored A Contest For Apps Using Its Real-Time Payment Rails
The North Carolina #Fintech Hub and The #Clearing #House invited #banks and fintech firms to develop innovative solutions #using the TCH real-time payments (RTP) network.
Financial Technology -
user
Real-Time Payments Aren’t Just Faster, They Are Change Agents
Real-time #payments may finally reduce the business use of checks, and #they will cut manual processing for reconciliation.
Financial Technology -
user
Banks Have Got A Reputation, But They Can Improve It
Despite all the noise #they make about customer centricity, #banks appear to be missing out on engagement with customers, maybe because they are afraid to invite public comment, says Joe Fuca, CEO of #Reputation.com. Only through active engaging can they generate positive comments.
Financial Technology -
user
Banks Are Second, Or Third, Choice For IT Grads, So They Have To Work Harder
#Banks, which used to have it easy on campus career days, now have to market themselves to the top IT #grads, many of whom would rather #work for a tech firm or a startup than for a long-established bank like Northern Trust.
Financial Technology
Reply