FinHub Launches Revolutionary Financial Platform

SEPA Cyber Tech Group Holding Ltd., a prominent London-based tech developer and venture capitalist, has renamed part of its organisation related to financial technology to FinHub. The newly renamed division proudly announces the launch of its groundbreaking eponymous financial super platform. Designed to meet the evolving needs of banks, FinTechs, and anyone who wants to utilize or participate in the financial industry. FinHub promises to redefine the landscape of financial services with its innovative and self-serviceable...

Swift Cross-Border Payment Processing Speed Stretched Ahead of G20 Target

Swift published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift’s data shows that the speed of processing transactions to all but two of the top 40 countries on its network – by volume of payments received – continues to be above the G20’s target of one-hour end-to-end...

Ncontracts acquires Venminder via Hg buyout

Ncontracts, a leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced that it has acquired Venminder, a unified platform for managing third-party risk. Simultaneously with this transaction, Hg has bought out prior Ncontracts shareholder Gryphon Investors (“Gryphon”), as well as prior Venminder shareholders. Hg is a leading investor in software and services businesses and is backing Founder and CEO, Michael Berman, to lead the combined business, which promises...

5 Tips for Business Manage Off-Channel Communications & Avoid Fines

Over recent years, the U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and Commodity Futures Trading Commission (CFTC) have increased their scrutiny of off-channel communications. Since 2021 the SEC and CFTC have conducted a number of investigations and levied significant fines and other enforcement action against companies making business communications on personal devices and non-sanctioned platforms. Fines for non-compliance have exceeded $2.7 billion and this has raised the importance of compliance of...

Genesis & Inovotek Solutions to drive financial markets tech innovation

Genesis Global and Inovotek Solutions, an IT consultant and Murex integration specialist, announced they are partnering to accelerate software innovation in the financial markets industry. The firms will apply the power of the Genesis Application Platform and the expertise in Inovotek’s team of more than 60 consultants and developers to rapidly deliver new software and integration work for clients working to enhance their trading, treasury, risk, compliance and other financial industry technologies. “Partnering with consultants like Inovotek...

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