Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Israeli Bank Hapoalim selects Wolters Kluwer’s credit risk software

Bank Hapoalim, one of Israel’s largest banks has selected Wolters Kluwer’s OneSumX solution for Risk Management, specifically using the software for managing its credit risk profile.

19 August 2019

Company update/devops

Neueda and Levyx increase data processing capacity for Python users

Capital Markets technology specialist Neueda has partnered with Levyx Inc, a leading big data system software provider, to vastly increase data processing capacity for the Python community.

16 August 2019

Company update/retail

TransUnion appoints Sam Welch to its UK executive team

TransUnion has appointed Sam Welch to its UK executive team, as he joins the business as part of its global strategy and planning function.

13 August 2019

Company update/security

Equifax goes after SME market with Interconnect Flex

Equifax, the consumer and business insights expert, has launched its Equifax Interconnect Flex solution for the SME market.

31 July 2019

News/Credit risk

Capital One data breach leaves 100 million vulnerable

Capital One revealed Monday that 100 million credit card applications had been accessed, resulting in thousands of Social Security and bank account numbers being left at risk.

30 July 2019

Company update/startups

Wiserfunding to provide credit ratings for SMEs

Europe’s first certified credit rating for SMEs has launched today in London.

19 July 2019

News/Credit risk

FCA suggests ban on crypto derivatives

The UK's financial services watchdog is proposing a ban on cryptocurrency derivatives for retail investors in order to prevent them incurring large losses in financial instruments they do not understand.

05 July 2019

News/Credit risk

OakNorth wins tech deal with NIBC Bank

OakNorth has signed a five-year deal with Dutch lender NIBC Bank in the first publicised sale by the British lender of its credit decisioning platform.

02 July 2019

Company update/payments

Capital One to acquire BlueTarp Financial

Capital One announced today the entry into a definitive agreement to acquire BlueTarp Financial, a leading business-to-business trade credit financing company headquartered in Portland, Maine.

24 June 2019

Company update/Credit risk

NatWest to offer first SONIA loans

NatWest is to become the first bank in the UK to respond to calls from the Financial Conduct Authority (FCA) to accelerate the transition away from loan products that use LIBOR (London Interbank Offered Rate) towards Risk-Free Rates (RFRs) by the end of 2021.

17 June 2019

Company update/Credit risk

Alogent acquires lending software provider Finance Genius

Alogent (www.alogent.com, @AlogentCorp), a global banking and financial software leader, serving banks and credit unions in the U.S. and abroad, today announced the expansion of its product portfolio with the acquisition of the FinanceGenius™ suite of lending software from IntelliEngines, Inc.

07 June 2019

Company update/regulation

Morningstar to acquire DBRS

Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced it has entered into a definitive agreement to acquire DBRS, the world’s fourth-largest credit ratings agency, for a purchase price of $669 million.

29 May 2019

News/inclusion

JPMorgan Chase pledges $125m to fintech-focused financial health initiatives

JPMorgan Chase will give $125 million over the next five years to non-profits working around the world to improve the financial health of underserved communities, focusing on the use of fintech tools to help people save, boost their credit and reduce debt.

16 May 2019

Company update/Credit risk

ICE Data Services to provide daily market view of credit risk

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services has launched ICE Credit Risk, an innovative new suite of analytics.

08 May 2019

Company update/wholesale

RiskFirst appoints Amanda Flemming US client delivery manager

RiskFirst has hired Amanda Flemming into a new role, as US Client Delivery Manager, focused on client success. Amanda will focus on ensuring clients gain maximum value from PFaroe – RiskFirst’s market-leading asset, liability and risk management technology platform.

30 April 2019

Company update/retail

Equifax buys PayNet

Equifax Inc., (NYSE: EFX) a global data, analytics and technology company has acquired PayNet, a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance and leasing companies in the U.S. and Canadian markets.

25 April 2019

Company update/retail

Lowell opens Amsterdam data science centre

Lowell has cemented its commitment to industry-leading, advanced analytics with the launch of Lowell Labs.

25 April 2019

News/Credit risk

SoGen issues covered bond as security token on Ethereum

Societe Generale has issued EUR100 million of covered bonds as a security token, directly registered on the Ethereum blockchain.

24 April 2019

News/Credit risk

Automation could displace 40 FS industry job roles - Singapore study

Dozens of financial services job roles will see much of their work taken by data analytics and automation in the next few years, according to a new report from Singapore, which is preparing for the radical workforce shift with a new career training programme focused on emerging technology roles.

24 April 2019

News/Credit risk

Tackling digital transformation in Nordic financial services

SWIFT's Business Forum Nordics event examined how the financial services community in the region can deliver technological innovation while managing emerging risk factors.

04 April 2019