NFS Ascent Goes Live in Japan
NFS Ascent Goes Live in JapanMay 21, 2019
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NVM Private Equity invests £2.2m in QuotevineQuotevine, the provider of Software-as-a-Service solutions for the asset and automotive finance industries, has received £2.2 million in funding from private-equity firm, NVM. The UK based investors’ backing of Quotevine will support UK growth over the next three years and will be used to invest in developer and operations workforces as it expands. Quotevine helps asset and automotive finance companies modernise operations and create opportunities from disruptive technologies such as the Internet of Things and artificial intelligence.
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North Star Leasing powers growth with introduction of cloud-based software from IDSUS equipment finance company North Star Leasing has introduced a new software-as-a-service (SaaS) platform from asset finance and origination software provider IDS. The leasing business has been a customer of IDS since 1987 and the introduction of IDScloud makes it the software company’s first customer to migrate its on-premise InfoLease portfolio to the cloud-based system. IDScloud offers the full capability of the company’s Rapport origination and InfoLease portfolio management solutions along with integrations to an ecosystem of third-party services including credit bureaus, e-signature, CRM, sales tax, insurance and payments.
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NVM Private Equity invests £2.2m in Quotevine
North Star Leasing powers growth with introduction of cloud-based software from IDSiVendi moves closer to Europe with BDK dealIn February, Asset Finance International reported on e-commerce solutions provider iVendi’s first forays into the German motor finance industry. Now, James Tew, CEO of iVendi has spoken with AFI in an exclusive interview about their new deal with Bank Deutsches Kraftfahrzeuggewerbe. iVendi’s first international deal is a major one - a complete online marketplace for Hamburg-based Bank Deutsches Kraftfahrzeuggewerbe (BDK), a subsidiary of Société Générale. BDK, which serves around one-quarter of all car dealers in Germany, offers a product range including dealer financing, retail loans and retail leasing for new and used cars, along with insurance and warranty products.
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European Startup Prize for Mobility reveals 10 champions of change in transportThe second European Startup Prize for Mobility (EUSP) has revealed the 10 winning companies in its 2019 awards that are creating a new transport landscape for European travellers. Companies that received the prize in the presence of awards sponsor Prince Albert of Monaco ranged from e-cargo bike manufacturers to autonomous vehicle technology providers. The EUSP was launched by Karima Delli, chairwoman of the European Parliament Committee on Transport and Tourism, and co-founded by Boston Consulting Group and Via ID.
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Finaptix launches with a pledge of securing value for its customers’ technology investmentA new company, Finaptix, has been launched in the UK – headed by four highly-experienced software executives. The four co-founders, Steve Taplin, Michael Mayes, Lucy Matthews and Ralph Neuff, have the aim of working with asset and auto finance companies and assisting in navigating the software vendor marketplace - while at the same time providing leadership towards adopting digital technologies. The co-founders, who are all ex-Alfa Financial Software executives, will apply their extensive technology experience in selecting, initiating and delivering systems and business-change projects to provide value-focused products to their clients.
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Bynx new mobility management platform “paves the way for the mobility landscape of the future”Bynx has released v12.8 of its fleet and mobility management platform (also called Bynx). The new platform supports a number of important operational, legal and fiscal changes in various markets.
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Jaguar Land Rover expands circular economy programme to support future of shared electric vehiclesJaguar Land Rover is investing in a closed loop strategy for its vehicles to maximise recycling of materials into its next generation models. The REALITY project supports the circular economy by recovering aluminium from existing Jaguar and Land Rover vehicles and is being tested on early, pre-production prototypes of the Jaguar I-Pace electric vehicle.
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NETSOL deploys NFS Ascent Suite in China as part of $110 million global contractGlobal finance software solutions provider NETSOL Technologies has implemented its NFS Ascent Suite in China for a leading German auto-captive in the latest stage of a $110 million multi-country implementation. The contract, which is the largest in NETSOL’s history, covers 12 countries and includes implementations, licences, maintenance, services and expected customisation fees. China is the sixth and largest deployment of the system following successful implementations in Australia, New Zealand, South Africa, South Korea and Thailand.
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Tembici to roll out AI-powered bike sharing across Latin AmericaBicycle sharing specialist Tembici has announced plans to broaden its Latin American business using an artificial intelligence (AI) platform. It will use a cloud-based software system to obtain immediate feedback on bike share operations. The system observes trends in the way shared bicycles are used in urban areas and analyses factors including weather conditions, seasons, events, holidays and public transport closures in order to support management decision-making by delivering in-depth insights.
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Act-On Software produces strategic guidance for clientsMarketing automation platform Act-On Software has launched new strategic guidance for its financial services clients. The guidance aims to help them maximise return on investment from marketing campaigns and reduce administration.
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Charity Bank partners with Apak Group to support its core banking platformApak Group, the Sopra Banking Software company, has been chosen as a preferred supplier for Charity Bank’s new core banking platform. Charity Bank is an ethical bank that uses its savers’ deposits to lend to charities and social enterprises. It has issued more than £250 million in loans over nearly two decades. The bank will use Apak’s Aurius banking platform to support management of funds and lending support.
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International Decision Systems rebrands as IDSInternational Decision Systems (IDS), the global provider of technology solutions for asset and equipment finance, has changed its name to IDS. The change includes a new website that focuses on the company’s newest service, which is a Software as a Service (SaaS) solution using cloud-based technology.
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iVendi moves closer to Europe with BDK deal
European Startup Prize for Mobility reveals 10 champions of change in transport
Finaptix launches with a pledge of securing value for its customers’ technology investment
Bynx new mobility management platform “paves the way for the mobility landscape of the future”
Jaguar Land Rover expands circular economy programme to support future of shared electric vehicles
NETSOL deploys NFS Ascent Suite in China as part of $110 million global contract
Tembici to roll out AI-powered bike sharing across Latin America
Act-On Software produces strategic guidance for clients
Charity Bank partners with Apak Group to support its core banking platform
International Decision Systems rebrands as IDS