Banking Transactions Shifted Channels, but Relationships Didn’t

Brand loyalty: a thing of the past

Banks need to continually innovate in order to stay relevant to their customers. Brand loyalty is becoming less common among customers across the globe, and the emergence of nimble and flexible challenger offerings are having an impact on the ability for traditional banks to stay relevant.

Saxo Bank, the online trading and multi-asset specialist, has today announced that it will begin to offer CFD Options on a range of option roots, covering puts and calls on 15 of the world’s largest stock indices.

CFD Options are OTC instruments based on Exchange Traded Index Options. They can help diversify a portfolio, as not only do they enable clients to take a position, they can be used for portfolio hedging purposes too.

Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, and Moxtra, a leader in providing private, secure collaboration software services that help its clients fast-track high-value financial transactions, announced that they have entered in to a collaboration to develop and deploy solutions that would give financial services firms the ability to redefine their client engagement models.

B-Hive joins another great initiative – the Power 50, an accelerator program of 10 influencers and 40 fintech start-ups. The program connects fintech start-ups around the world with the real innovators of the industry while taking into consideration the needs of each start-up. As a renowned partner, B-Hive will actively promote the members to a global audience by helping to organize networking and event opportunities to the community.

Avoka, the leader in digital customer acquisition journeys in banking, today 

450+ fund and asset managers from around the globe at the 4^th International Funds Summit

As smartphones and tablets are increasingly used to access critical apps and services, there is a growing demand for highly secure in-app user authentication. Ksmartech – a Korean security and certification leader – has expanded its partnership with Trustonic to secure its digital One-Time-Password (OTP) service on all Android and iOS devices. 

Innovative cloud accounting provider FreeAgent has agreed a new partnership with an ambitious new practice backed by two of the leading names in the UK accounting industry.

FreeAgent has joined forces with Alchemy Accountancy - a new venture backed by Nixon Williams founders Alan Williams and Andy Nixon - in order to help support small business owners and help them navigate the forthcoming Making Tax Digital (MTD) legislation.