Bluestone Federal Credit Union and InvestiFi team to enhance member investing options

August 20, 2024

Bluestone Federal Credit Union, a prominent financial institution in Sioux Falls and Eastern South Dakota, has announced a strategic partnership with InvestiFi. Accoridng to CU...

Starling Bank collaborates with Napier to bolster financial crime compliance

July 18, 2023

Starling Bank, a leading British digital challenger bank, has chosen Napier, a London-based intelligent compliance technology firm, as its preferred platform for Anti-Money Laundering (AML) and counter-terrorism financing (AML/CTF). The partnership aims to enhance the bank's financial crime compliance.

Dwolla partners with Visa to enhance account verification in pay by bank

May 17, 2024

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

Fize Technology joins HawkSoft’s API partner programme

August 21, 2023

HawkSoft has announced Fize Technology as its newest API Partner integrated with its insurance platform.

Extend and Concur Invoice unite for cutting-edge virtual card payments

December 6, 2023

Extend, a virtual card and spend management solution, has embedded its virtual card functionality into Concur Invoice. This deal marks the first fully embedded virtual...

Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe.

Nexi and Mastercard partner to drive open banking payments in Europe

March 11, 2024

Nexi, a leading European PayTech, has chosen Mastercard as its strategic partner as it looks to support open banking account-based payments across Europe.

Online lending can be a more profitable asset class than stocks, bonds and real estate, according to the latest research by the Gillmore Centre for Financial Technology. The research revealed that the newly developed framework of general characteristics-based portfolio policies (GCPP) can achieve an average rate of return of 8.86 to 13.08 percent each year in an extensive data set of online loans collected from LendingClub. This significantly outperforms an equal-weight portfolio of loans. The paper ‘Gaining a Seat at the Table: Enhancing the Attractiveness of Online Lending for Institutional Investors’ recommends that institutional investors “gain a seat at the table” when it comes to online lending, warning that investors may miss the boat due to a lack of awareness and understanding of the asset class. Ram Gopal, Director of the Gillmore Centre for Financial Technology at Warwick Business School and Co-Author, said: “Online lending is in danger of slipping by and costing institutional investors, in particular, a lot of money. Limited awareness of this emerging asset class and the accompanying lack of understanding in industry, coupled with stringent government regulations, has led to this high potential investment flying under the radar.” “Online lending through a GCPP framework can have a transformative impact on institutional investors and unlock business growth for many organisations. Industry leaders and asset platforms should work together to ensure that businesses and investors collaborate on appealing investment opportunities that provide high pay-offs, underpinned by the research of world-class institutions that can lead innovations in emerging opportunities such as online lending.” Morris Strub, Associate Professor at the Gillmore Centre for Financial Technology and Co-Author, commented: “The absence of effective frameworks for investment in online loans and other new asset classes continues to complicate the investment landscape. But the Gillmore Centre’s development of GCPP can help sophisticated investors to harness the potential of new asset classes emerging from Financial Technology. Our framework can be applied not only for investment on online lending platforms, but also for traditional assets such as stocks or bonds. The paper was authored by a quartet of leading university academics including Ram Gopal, Director of the Gillmore Centre for Financial Technology at Warwick Business School; Xiao Qiao, assistant professor at the School of Data Science at the City University of Hong Kong; Moris Strub, associate professor at the Gillmore Centre; and Zonghao Yang, PhD student at the City University of Hong Kong.

Wilshire Indexes turns to Alveo’s DaaS for corporate actions data optimisation

September 26, 2023

Wilshire Indexes, a premier global benchmark platform, and Alveo, a top-tier provider of cloud-based market data management services, have embarked on a partnership.

Guardian and Pelago forge partnership to pioneer tobacco-free initiatives in workplace benefits

June 17, 2024

Guardian Life Insurance Company of America, a prominent player in the insurance sector, and Pelago, a leading digital clinic partner to U.S. businesses and health plans, have recently announced a groundbreaking partnership.

cyber-risk-management-solutions-kynd-selected-for-cyber-risk-management-across-france-and-europe-filhet-allard

KYND selected by Filhet-Allard for cyber risk management across France and Europe

March 9, 2023

KYND, a provider of next-generation cyber risk management solutions, has been selected by French insurance brokerage Filhet-Allard as its cyber risk partner.

Nuvei Corporation, a prominent Canadian FinTech company, and KoreConX, a leading infrastructure technology platform for private company investments, have announced a strategic partnership.

Nuvei and KoreConX forge strategic partnership to democratise private company investments

November 2, 2023

Nuvei Corporation, a prominent Canadian FinTech company, and KoreConX, a leading infrastructure technology platform for private company investments, have announced a strategic partnership.