The Supervisory Board of Commerzbank made important decisions to further strengthen the Bank’s Board of Managing Directors and ensure long-term continuity and stability on the Board for the profound transformation launched with “Strategy 2024”.
 

WSO2, the leader in digital transformation technology, today announced that it has acquired Platformer, innovator of an enterprise-grade cloud-native application platform that empowers enterprise developers and DevOps to deploy and manage their containerised workloads securely, and reliably at scale on Kubernetes.

The Lending Standards Board (LSB) has today published its latest report detailing findings regarding the implementation of a provision of the Contingent Reimbursement Model (CRM) Code for Authorised Push Payment (APP) scams, which looks at signatory firms’ approach to the reimbursement of customers.

The founding team of Modularbank, the next-generation core banking platform, have today announced that they have sold off their first venture, financial software development firm, Icefire, to Checkout.com, the largest unicorn in EMEA and fourth largest fintech in the world. 

Clearco

TrueFX, a purpose-built OTC market designed for the buy-side, today announced that Straits Financial Services Pte Ltd (“Straits Financial”), a Capital Markets Services License company based in Singapore, has joined TrueFX as a clearing member to enhance their clients’ access to forex liquidity. 

TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS) and portfolio management system (PMS), has announced the appointment of Sales Director, Mike Langton.

Payhawk, the growing platform that combines expense, payment and invoice management in one solution, today announced that it now integrates directly with global accounting software provider DATEV. This will enable users to save time, minimise errors, and benefit from added security, in order to fully comply with German National accounting regulations and GoBD compliance.

In a newly released Fintech 2.0 whitepaper, Money20/20, the place where the global fintech community does business, lays out its vision for the next era of fintech, as we enter the recovery phases of COVID-19. The paper predicts seismic shifts for the industry - most notably that digital currencies will become widely adopted in the banking sector in the next three to five years.