Financial technology

Morrison Foerster Strengthens Financial Services and FinTech Capabilities in London with Addition of Bank of England Senior Adviser and Manager Sam Riley

Retrieved on: 
Tuesday, January 17, 2023

LONDON, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Sam Riley, who joins as a partner in the Transactions Department, enhancing the firm's financial services and FinTech offering in London. Riley brings sophisticated, cross-practice, and multijurisdictional experience across financial services, banking, digital payments, and securities regulation, with a particular focus on digital assets (including stablecoins/crypto), and emerging technology.

Key Points: 
  • Riley brings sophisticated, cross-practice, and multijurisdictional experience across financial services, banking, digital payments, and securities regulation, with a particular focus on digital assets (including stablecoins/crypto), and emerging technology.
  • Riley has a broad regulatory and transactional practice, built around financial regulation, FinTech, digital innovation, emerging technology in financial services, as well as derivatives.
  • While at the Bank of England, Riley also worked on the impact of, and response to, the UK's withdrawal from the EU.
  • At the Bank of England, Sam has been right in the middle of the development of the regulatory response to emerging financial technologies.

Chetu Announces New Additions to Leadership Team as Company Sustains Double-Digit Growth

Retrieved on: 
Friday, January 20, 2023

Chetu, a global provider of software development services, today announced four new appointments to its leadership team.

Key Points: 
  • Chetu, a global provider of software development services, today announced four new appointments to its leadership team.
  • The three new directors and new vice president will work to advance Chetu’s service offerings and help lead the company to future success.
  • Paul Bracht, Chetu’s newest Vice President of Sales, brings nearly 20 year of sales experience to Chetu, and has been an integral part of the company’s sales team since 2015.
  • “Organic growth has been a staple of our company culture here at Chetu, and we are proud to both cultivate and recognize that growth in the newest members of our leadership team,” said Atal Bansal, founder and CEO of Chetu.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of UP Fintech Holding Limited (TIGR) on Behalf of Investors

Retrieved on: 
Thursday, January 19, 2023

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ) investors concerning the Company’s possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ) investors concerning the Company’s possible violations of the federal securities laws.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • Whistleblower Notice: Persons with non-public information regarding UP Fintech should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

Orrick, Buckley Combine To Form Financial Services & Fintech Law Powerhouse

Retrieved on: 
Thursday, January 19, 2023

It also responds to demand from fintech innovators, tech companies and their financial sponsors for holistic solutions to opportunities and risks created by the convergence of finance and technology.

Key Points: 
  • It also responds to demand from fintech innovators, tech companies and their financial sponsors for holistic solutions to opportunities and risks created by the convergence of finance and technology.
  • It adds a top-notch, inside-the-Beltway white collar team and eight first-chair trial lawyers to the Orrick financial services litigation platform.
  • It combines two firms well known for sector focus, innovative service delivery and best place to work cultures.
  • The transaction is expected to close by the end of January, subject to conflict clearance and partnership approval.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of UP Fintech Holding Limited (TIGR) on Behalf of Investors

Retrieved on: 
Wednesday, January 18, 2023

Law Offices of Howard G. Smith continues its investigation on behalf of UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ) investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith continues its investigation on behalf of UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ) investors concerning the Company’s possible violations of federal securities laws.
  • Up Fintech’s senior executives in late 2021 and told them to comply with such laws.”
    On this news, UP Fintech’s stock price fell $1.36, or 28.5%, to close at $3.41 per share on December 30, 2022, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005923/en/

Onfido Partners With Access Group and Amiqus to Provide Identity Verification for Screening Checks, Awarded Trust Framework High Confidence Certification

Retrieved on: 
Wednesday, January 18, 2023

Onfido , the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework).

Key Points: 
  • Onfido , the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework).
  • The certification serves use cases where a higher confidence level in digital identity verification is required.
  • It provides a set of rules for organisations to adhere to in order to provide secure and trustworthy digital identity.
  • “The high confidence certification from the UK Digital Identity and Attributes Trust Framework gives our customers continued assurances that we are meeting best-in-class standards, now and into the future.”

The Law Offices of Frank R. Cruz Continues Investigation of UP Fintech Holding Limited (TIGR) on Behalf of Investors

Retrieved on: 
Tuesday, January 17, 2023

The Law Offices of Frank R. Cruz continues its investigation of UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz continues its investigation of UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

HKSTP Partners Global Accelerator Plug and Play in Calling Startups for EPiC 2023 Elevator Pitch Competition in Hong Kong

Retrieved on: 
Friday, January 13, 2023

Hong Kong Science and Technology Parks Corporation (HKSTP) has partnered with world-leading innovation platform, Plug and Play , to call on ambitious startups and entrepreneurs around the world to join the seventh Elevator Pitch Competition 2023 (EPiC 2023), one of the biggest pitch events in Hong Kong.

Key Points: 
  • Hong Kong Science and Technology Parks Corporation (HKSTP) has partnered with world-leading innovation platform, Plug and Play , to call on ambitious startups and entrepreneurs around the world to join the seventh Elevator Pitch Competition 2023 (EPiC 2023), one of the biggest pitch events in Hong Kong.
  • View the full release here: https://www.businesswire.com/news/home/20230113005179/en/
    HKSTP CEO, Albert Wong, joins Plug and Play CEO, Saeed Amidi, to promote HKSTP’s EPiC 2023, calling all startups in the world to come to Hong Kong for a scale-up opportunity of a lifetime.
  • (Photo: Business Wire)
    This offers local and global startups the chance to join the combined HKSTP and Plug and Play eco-systems to launch their potential innovations onto the global stage.
  • Startups joining EPiC 2023 can fully leverage the largest I&T ecosystem in Hong Kong and HKSTP’s direct connections to over 1,000 investors and more than 300 corporate partners.

Automat-IT Announces Strategic Collaboration with Amazon Web Services in Europe and Israel

Retrieved on: 
Friday, January 13, 2023

Automat-IT today announced a multi-year Strategic Collaboration Agreement with Amazon Web Services, Inc. (AWS), benefiting customers in Europe and Israel with cutting edge digital services.

Key Points: 
  • Automat-IT today announced a multi-year Strategic Collaboration Agreement with Amazon Web Services, Inc. (AWS), benefiting customers in Europe and Israel with cutting edge digital services.
  • We are excited to see this strategic collaboration agreement – it will enhance our mutual success,” Mr Oklander said.
  • Automat-IT will train 50 engineers over the next 2 years to become seasoned DevOps engineers and certified AWS Practitioners.
  • Automat-IT is a leading provider of DevOps services with customers in various fields such as finance, insurance, and technology.

B2B Payments Global Market Report 2022: Rapid Digitalization and Automation of B2B Payments Bolsters Demand - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 12, 2023

The "B2B Payments Market By Payment Type, By Enterprise Size, By Payment Method, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "B2B Payments Market By Payment Type, By Enterprise Size, By Payment Method, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
  • According to the report, 'B2B Payments Market,' the B2B payments market was valued at $125,432.00 billion in 2021, and is estimated to reach $313,947.8 billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.
  • The rapid digitalization and automation of the B2B payments system has accelerated its demand among business owners and drives the growth of the market.
  • Furthermore, the growth of global trade, strategies to expand the business sector, and surge in cross-border transactions involving a number of suppliers, wholesalers, retailers, and businesses are boosting the B2B payments market size.