Nordea Bank Abp has on 26 May 2021 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which Sampo plc's shareholding of Nordea Bank Abp’s shares and voting rights has decreased below the threshold of 15 percent on 25 May 2021.

The total number of shares and voting rights in Nordea Bank Abp is 4,049,951,919.

Over eight in ten (84%) online shoppers would turn their back on a retailer after a bad returns experience. That’s according to new research from Klarna, which highlights the power of returns as a customer acquisition and retention tool, and the repercussions of getting them wrong.  

FTRC has today launched a dedicated information hub on AdviserSoftware.com – the ultimate destination for financial advisers, wealth managers, and mortgage brokers – providing advisers with a one-stop shop of everything they need to know about the technology available to them to better run their businesses.

Leading UK digital investment platform Wealthify has partnered with open banking platform Tink for payment initiation services, that will transform the way its investors transfer money into their investment accounts

The partnership, which is already live, sees Tink’s payment initiation service (PIS) technology embedded in the Wealthify app. This enables investors to seamlessly transfer an initial investment sum during the onboarding process and make additional payments to top-up their accounts. 

Macrobond Web API gives economists, analysts and strategists instant access to more than 245 million macroeconomic and financial time-series data globally – in real-time and on-demand

For the first time, banks can now self-provision the most complete banking services at the click of a button; With Temenos (www.Temenos.com), banks can innovate in minutes and launch new products in days to achieve the in

The financial institutions have seen significant changes with the onset of the CoronaVirus pandemic. To aid the online customer onboarding process, new technologies have been launched. However, only a few of them have captured the attention of financial organizations in the midst of tremendous growth in the ID authentication sector. 

Paysend, the card-to-card pioneer and international payments platform, has closed a Series B funding round of $125m, led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing long-term investors including Silicon Valley based Plug and Play.

The funding will help Paysend expand its international footprint and speed up product innovation, enabling it to further accelerate its impressive growth trajectory.

The International Financial Reporting Standards (IFRS) Foundation is a non-profit standards committee that aims to set the bar for accounting and keeping financial information. IFRS’s standards can be adopted by financial institutions like banks, as well as companies listed in the public stock exchange. IFRS standards are meant to slowly replace the previous bars set by the International Accounting Standards (IAS) Board, the IFRS’ parent standard-setting body. One of the standards that banks should take note of is IFRS 9, or the standard that governs financial instruments.

Euro Grinds Higher, Pound Steady, Wall Street Stocks Dip