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Financial It Financial IT is a digital magazine and online platform that features trends in FinTech sector Visit our website: www.financialit.net

Established about five years ago, Financial IT is the venue where community makes itself heard. Innovation is the common feature of the companies that we work with. Some are FinTech disruptors, posing a direct challenge to established institutions. Others are technology companies, providing solutions that produce positive outcomes for the institutions and their clients. We provide a digital platfo

rm for product listings, multimedia and other editorial content, reviews by financial IT companies’ clients, and overviews of major trade events. Financial IT magazine is published around 8-10 times a year in digital form. It is also available in print form at trade events through media partnerships. We believe that our competitive edge comes from our established relationships with financial IT companies and institutions, the breadth of the solutions described and the quality of content. Financial IT provides a detailed map of the ever changing space where the broadly defined financial services sector meets the IT sector.

Scalable Capital Launches Own World ETF Together With DWS and MSCI to Rethink Global InvestingRead more:  https://financ...
20/12/2024

Scalable Capital Launches Own World ETF Together With DWS and MSCI to Rethink Global Investing

Read more: https://financialit.net/news/fundraising-news/scalable-capital-launches-own-world-etf-together-dws-and-msci-rethink-global

As the first digital investment platform in Germany Scalable Capital launches its own global equities core ETF, the “Scalable MSCI AC World Xtrackers UCITS ETF”. Scalable Capital advises the asset manager DWS on the construction and replication of the portfolio for the new ETF. DWS is one of the...

SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AIRead more: https://financialit.net/news/fun...
20/12/2024

SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AI

Read more: https://financialit.net/news/fundraising-news/sandboxaq-announces-more-300-million-funding-drive-next-era-ai

SandboxAQ today announced a round of more than $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investors, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, I...

Best Egg Gets $1 Billion in Funding From AB CarVal Affiliates to Help More People Access Vehicle Equity LoansRead more: ...
20/12/2024

Best Egg Gets $1 Billion in Funding From AB CarVal Affiliates to Help More People Access Vehicle Equity Loans

Read more: https://financialit.net/news/fundraising-news/best-egg-gets-1-billion-funding-ab-carval-affiliates-help-more-people-access

Best Egg, a leading fintech that drives financial confidence, announced today the successful arrangement of a $1 billion purchase facility to help offer more vehicle equity loans that let people use their car’s value as collateral to borrow money. This commitment, led by funds managed by affiliate...

Bitget Partners With Fiat24 to Advance PayFi Solutions for CryptoRead more: https://financialit.net/news/payments/bitget...
20/12/2024

Bitget Partners With Fiat24 to Advance PayFi Solutions for Crypto

Read more: https://financialit.net/news/payments/bitget-partners-fiat24-advance-payfi-solutions-crypto

Bitget, the leading cryptocurrency exchange, and Web3 company, has announced a strategic partnership with Fiat24, a Swiss-regulated fintech company that develops modern banking solutions powered by blockchain technology. The collaboration focuses on exploring PayFi solutions for major cryptos like E...

Thredd Strengthens Global Leadership With Strategic Senior AppointmentsRead more: https://financialit.net/news/people-mo...
20/12/2024

Thredd Strengthens Global Leadership With Strategic Senior Appointments

Read more: https://financialit.net/news/people-moves/thredd-strengthens-global-leadership-strategic-senior-appointments

Thredd, a leading next-generation global payments processor, today announced four strategic senior appointments to its leadership team, reinforcing its commitment to delivering world-class expertise in supporting fintech organisations and programme managers worldwide. Patricia Haynes, Thredd’s new...

Klarna Partners With Iconic Luxury Retailers Neiman Marcus and Bergdorf GoodmanRead more:  https://financialit.net/news/...
20/12/2024

Klarna Partners With Iconic Luxury Retailers Neiman Marcus and Bergdorf Goodman

Read more: https://financialit.net/news/lending/klarna-partners-iconic-luxury-retailers-neiman-marcus-and-bergdorf-goodman

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Neiman Marcus, one of the largest luxury retailers in the U.S., and famed New York City-based Bergdorf Goodman to offer its range of flexible payment methods online. The partnership helps Neiman Marcus and Berg...

TBC UZ Secures $37M Equity Investment, Making 2024 a Record YearRead more: https://financialit.net/news/fundraising-news...
20/12/2024

TBC UZ Secures $37M Equity Investment, Making 2024 a Record Year

Read more: https://financialit.net/news/fundraising-news/tbc-bank-uzbekistan-secures-37m-equity-investment-making-2024-record-year

TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces a $37 million equity investment from its majority shareholder London-listed TBC Bank Group PLC (TBC Group). This capital brings the total new equity funding secured in 2024 to $75 million, setting a new annual record for T...

Trulioo Transactions Surge 34% for Global Marketplaces, 21% for Payments Enterprises in 2024Read more: https://financial...
20/12/2024

Trulioo Transactions Surge 34% for Global Marketplaces, 21% for Payments Enterprises in 2024

Read more: https://financialit.net/news/payments/trulioo-transactions-surge-34-global-marketplaces-21-payments-enterprises-2024

Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a 34% increase in marketplace transactions and 21% in payments in the past year as digital commerce rapidly expands across the globe. The surge in transaction volume refle...

Cytora and Moody's RMS Partner to Help Insurers Weather Climate and Natural Disaster RiskRead more: https://financialit....
19/12/2024

Cytora and Moody's RMS Partner to Help Insurers Weather Climate and Natural Disaster Risk

Read more: https://financialit.net/news/insurtech/cytora-and-moodys-rms-partner-help-insurers-weather-climate-and-natural-disaster-risk

Cytora, the leading digital risk processing platform, has partnered with global catastrophe risk modeling and solutions company Moody’s RMS. The integration will enable P&C underwriters to gain unprecedented insights into climate and natural disaster risk. Moody’s RMS Location Intelligence API p...

ING Appoints Debbie Janeczek as Chief Information Security Officer (CISO)Read more: https://financialit.net/news/people-...
19/12/2024

ING Appoints Debbie Janeczek as Chief Information Security Officer (CISO)

Read more: https://financialit.net/news/people-moves/ing-appoints-debbie-janeczek-chief-information-security-officer-ciso

ING announced today that it has appointed Debbie Janeczek as chief information security officer (CISO), effective 13 January 2025. Debbie is joining from Swift, the messaging network used for international transactions between banks, where she was the chief security officer. Debbie has worked for in...

Visa Completes Acquisition of FeaturespaceRead more:  https://financialit.net/news/payments/visa-completes-acquisition-f...
19/12/2024

Visa Completes Acquisition of Featurespace

Read more: https://financialit.net/news/payments/visa-completes-acquisition-featurespace

Visa today announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payment protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance securi...

Independent Research Firm Names Temenos a Leader in Digital Banking Processing PlatformsRead more: https://financialit.n...
19/12/2024

Independent Research Firm Names Temenos a Leader in Digital Banking Processing Platforms

Read more: https://financialit.net/news/banking/independent-research-firm-names-temenos-leader-digital-banking-processing-platforms

Temenos today announced that it has been named a Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024. According to Temenos, this reflects the flexibility and rich functionality of its comprehensive core banking solutions, which are further enhanced by a strong partner ecos...

X Financial Announces US$48.7 Million Share Repurchase from Major ShareholderRead more: https://financialit.net/news/fun...
19/12/2024

X Financial Announces US$48.7 Million Share Repurchase from Major Shareholder

Read more: https://financialit.net/news/fundraising-news/x-financial-announces-us487-million-share-repurchase-major-shareholder

X Financial, a leading online personal finance company in China, today announced that it has entered into a repurchase agreement with a major shareholder on December 16, 2024, pursuant to which the Company will repurchase 6,349,206 American depositary shares ("ADSs"), representing 38,095,236 Class A...

UnionPay International Works with Industry Partners to Make Payments Easier for International Visitors to China's Mainla...
19/12/2024

UnionPay International Works with Industry Partners to Make Payments Easier for International Visitors to China's Mainland

Read more: https://financialit.net/news/payments/unionpay-international-works-industry-partners-make-payments-easier-international

UnionPay International announced its new collaboration with Weixin Pay, which enables users of international UnionPay-powered wallets to scan Weixin Pay payment codes in China's mainland. Eight wallets are now able to offer this feature, namely BoC Pay from Bank of China (Hong Kong), Octopus, PayMe....

lemon.markets Strengthens Leadership Team for Upcoming Growth in 2025Read more: https://financialit.net/news/people-move...
19/12/2024

lemon.markets Strengthens Leadership Team for Upcoming Growth in 2025

Read more: https://financialit.net/news/people-moves/lemonmarkets-strengthens-leadership-team-upcoming-growth-2025


The brokerage-as-a-service platform lemon.markets is strengthening its leadership team to prepare for further growth in 2025. These strategic moves follow a successful funding round led by CommerzVentures earlier this year. Expanding the leadership team and consolidating expertise Alexander Franz ha...

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Financial IT: Innovations in FinTech

Financial IT is the UK publisher and digital platform that highlights FinTech World. We cover product listings, multimedia and other FinTech related editorial and comercial content, to make sure you stay updated about latest FinTech trends and events. Meanwhile, Financial IT provides unique international venue to make your company seen and heard. Visit our website: www.financialit.net