Linedata (Euronext Paris: LIN), a global provider of lending and leasing, and asset management technology, data and services, announced that Copper Street Capital LLP, a leading UK-based global alternative investment firm, selected Linedata’s comprehensive portfolio management and compliance solution, Linedata Global Hedge. Implementing Linedata’s solution empowers Copper Street to capitalize on new business opportunities, through access to real-time data, optimized operations and strategic oversight of its investment process. 

Al Ahli Bank of Kuwait has partnered with EdgeVerve Systems, a subsidiary of 

Sberbank has personalised the menu of its ATMs. Now, after a client enters their PIN code they will see a main screen that features the options they have used the most in the past, as well as relevant personal offers from the bank.

In particular, the system suggests the amount the client should withdraw based on their past cash withdrawals and even wishes them a happy birthday and offers a present.

This new feature is available on 44,000 Sberbank ATMs. By the end of 2019, it will be available on all of the bank’s self-service devices that have touchscreens.

Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts.

Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, providing increased efficiency and reduced costs for clients. The new GBP service will be available to Bitstamp’s customers by the end of the year.

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced a number of tools and solution updates to ready payment service providers (PSPs), acquirers, issuers and merchants for Strong Customer Authentication (SCA) and exemptions.

The business of transforming risk

Chief Risk Officers in the financial services sector currently have their work cut out to stay on top of complex regulatory change while overseeing the digital transformation of their bank’s risk function. At their fingertips, they have a wealth of knowledge and data resources that they must make best use of in achieving this task, applying data science and smart, AI-driven analytics as well as appropriate governance to help them.

Striking a balance

According to the results of a survey conducted by the European P2P platform Robo.cash, the strategy of P2P investors depends on their mentality, socio-economic and geographic aspects. Thus, the survey revealed that investors from Central Europe tend to make long-term plans - 50% of them invest in P2P lending to prepare for retirement. In the meantime, investors from South European countries are more focused on quick results. Among them, 56% prefer investing in short-term loans compared to 47% of respondents from Central Europe.

Solactive is pleased to announce that Zürcher Kantonalbank, one of the leading Swiss universal banks, will use four Solactive Benchmark Indices as underlyings for their newly launched certificates.

Allevo, a Romanian financial software company, has been nominated, for the second year in a row, as ‘Ones to Watch’ in Europe in a list of business excellence published by the European Business Awards, one of world’s largest and longest running business competitions.

Capita announces it has entered a partnership with UiPath, the world’s leading Robotic Process Automation (RPA) software provider. As Capita’s preferred provider of RPA technology, UiPath will support Capita as it strengthens its digital capabilities.