Nordic Capital and MFEX management acquire MFEX, a leading independent fund platform in Europe and Asia

Nordic Capital Fund VIII “Nordic Capital” and MFEX management has signed an agreement to acquire the majority of the shares in MFEX­­, a leading European B2B open architecture fund distribution platform. Nordic Capital sees great potential in supporting the acceleration of MFEX’s growth agenda across Europe and Asia and the consolidation in the sector. 

Our identity proves more than just who we are – it is also our key to obtain access to financial services, government benefit programs, healthcare, and other services. Access to these services are crucial for anyone but can be especially beneficial to low-income individuals seeking assistance. However, these individuals (especially those in developing countries), often lack personal dependable ID infrastructure. This prevents them from accessing important day-to-day services that many of us take for granted, like having a bank account.

Integral, the technology partner trusted by leading banks, brokers, and investment managers to design, deliver and grow their FX businesses, announced today solutions for MiFID II compliance.

‘For the first time, merchants in German-speaking Europe can now keep an eye on their payment transactions with real-time review. In doing so, the new Concardis Payengine simplifies, among other things, the process of accepting payments in advance and via invoice. This saves merchants time and effort. And the consumer benefits from shorter delivery times with the same payment convenience they’re accustomed to,’ says Christoph Jung, Vice President of the eCommerce Competence Center at Concardis.

Citizens Bank today announced the launch of its digital investment and advisory platform, SpeciFi from Citizens Investment Services. With the introduction of SpeciFi℠, Citizens can now offer customers a unified view of their banking and investment accounts from their online banking homepage.

MapR Technologies, Inc. announced today that the MapR Converged Data Platform-which converges the essential data management, storage, and processing technologies on a single, horizontally scalable platform-has been selected for use in Mizuho Bank’s Asset Liability Management (ALM(*1)) system.

ABN Amro has invested in the innovative FinTech company Cloud Lending Solutions Inc. (CLS). 

Mambu, the SaaS banking engine, today announced that its innovative solution is being used by N26 to allow the Berlin-based mobile bank to integrate systems and quickly bring services to market in support of its growth strategy.

CACI has announced a new partnership with network security provider DigitalXRAID (DXR) to support businesses as they face growing risks from cyber attacks on their networks, such as the recent global ransomware attacks.

The partnership supplements CACI’s end-to-end business information technology services with DXR’s deep security expertise. This gives CACI’s customers enhanced security across its range of network services, reducing the risk of cyber attacks and other security lapses which can cause critical business losses.