Waters Technology has announced Alveo, a leading financial data management solutions provider, as the winner of the prestigious Inside Market Data and Inside Reference Data Best Reference Data Managed Service award for 2021. The award follows increased adoption of, and momentum for Alveo’s PaSS managed data service with recent customers, including Mediolanum International Funds Limited, Bankia and Venerable Insurance and Annuity Company.

As the new tax year approaches, we’re seeing consumers across the country looking to take advantage of their tax-free ISA allowance. However, as they open ISAs and seek out the best ISA deals, consumers are also putting themselves at risk of being targeted by fraudsters. This is especially true this year, with financial services now operating remotely across digital platforms.

Over the last few years the rise of digital banks has posed an interesting challenge to the UK bank industry – can traditional players keep up with consumer demands for digital products and services?

But over a year on from the pandemic, the mood has shifted. Where digital disruptors were once eating into traditional banks’ customer pools with new app-based smart banking solutions, now they are having to work harder to hold onto customers. 

The banking and finance industry is changing quickly. As consumers become more comfortable with ecommerce through smartphones and epayments, so too have they begun to expect the same level of service from their banks. This has fuelled the rise of disruptive digital competitors in retail banking –  who put user experience first –  and put older institutions, burdened with legacy systems, at a disadvantage. 

Customers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:CUBI) a bank holding company, and Tassat, a global provider of blockchain technologies for digital payments, today announced that Customers Bank will use Tassat’s proprietary platform TassatPay® Network, which features real-time B2B payments and integration of digital and legacy payment rails. The partnership will deliver enhanced payments functionality for the bank’s business clients and low-cost core deposit growth for the bank.

In the middle of the 20th century, the “race to space” was nosed out between  nations, and no investors were able to engage commercially in this highly sensitive political affair.  Nowadays, space technology offers various ways for investors to invest their money, from satellite  technology to space tourism, with the latter currently standing on the verge of a breakthrough.  Investment pioneer Vontobel now launched an index certificate that tracks the performance of companies  active in space technology.

Blackhawk Network, a global payments provider, today announced product management and payments executive, Cory Gaines, has been named its Chief Product Officer.

Banking has gone through radical changes in the past few years, in step with technology and the sheer amount we can now do online. This revolution in how we bank or pay for goods isn’t just for the retail sector, it’s also having a positive knock-on effect for the lettings industry. Just as online-only challenger banks disrupted the inconvenient process of visiting physical branches, Open Banking is making the process of tenant reference checks and payments quicker and smoother than ever.

Don't Let These Fears Stop You From Investing

Fears make a person think about the correctness of their actions and change their choices. But we should not be swayed by unfounded fears that cause more harm than good. By abandoning your plans to avoid losses, you may lose much more than you intended.

Investing seems like a simple process. It is enough to choose an appropriate option, invest your funds and get the benefits. But in reality, the process is somewhat more complicated, which gives rise to certain fears among investors.

Curve, the fast-growing financial super app, announces it’s going live with its crowdfunding campaign on Tuesday May 25th, following a surge in demand from customers. Since Curve announced its crowdfunding on May 11th, more than 35,000 individuals have expressed an interest in investing.