Nordea has entered into an agreement with Société Générale to acquire all shares in SG Finans AS (“SG Finans”) and intends to combine the business with Nordea’s pan-Nordic finance company, Nordea Finance. SG Finans is a Norwegian domiciled subsidiary of Société Générale and provides equipment finance and factoring solutions. SG Finans has 360 employees and operates in Norway, Denmark and Sweden.

 Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has entered into an agreement to make Adyen’s payments platform available to McDonald’s markets globally, beginning with the U.K. early next year.

Financial IT had an interview with Gary E. Barnett, the CEO of Semafone about the company and trends in telecommunications industry 

Financial IT: Could you please tell us more about Semafone and your background?

genesis, the international capital markets software firm today announced the closing of its second capital raise, securing $1.8m of investment in a round that was led by Illuminate Financial Management, a U.K. based capital markets venture capital firm and Tribeca Early Stage Partners, a New York venture group. genesis has now raised $5m since its first external capital injection in November 2018.

 NICE Actimize, a NICE  business and the leader in Autonomous Financial Crime Management, has been selected by Chailease Holding Co. Ltd., an international leader in leasing and professional financial services, to implement an end-to-end anti-money laundering compliance platform for its growing organization.

An absence of verification and branding has been one of the main limitations of SMS, so it is great to see Google setting out to restore trust, improve experience and allow companies to measure success.

Fintech company RiskFirst (a Moody’s Analytics Company) has appointed Tarik Ben-Saud in an advisory capacity to support and accelerate the development of RiskFirst’s front office investment management capabilities, with an initial focus on rolling out its fixed income and LDI attribution application, PFaroeAttribution.  RiskFirst, a market leader in liability analytics to DB pensions, is applying its experience to develop a comprehensive suite of front office decision support tools, of which PFaroeAttribution is a core component.

The trading platform integration with the Sum&Substance KYC service enables the validation of client personal data and documents with one click. The new functionality provides further automation of client onboarding procedures for MetaTrader 5 brokers and the minimization of manual operations.

Temenos (SIX: TEMN), the banking software company, has strengthened its cloud-native, cloud-agnostic Temenos Infinity for Retail Banking offering with the introduction of the Robo-Advisor and Goal-Based Investing apps. This game-changing addition allows retail banks to quickly and easily get to market and effectively compete against investment firms. They are further able to differentiate themselves against retail banks that do not offer investment services. It also addresses the needs of the modern banking customer for accessible and low-cost investing tools.