Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, today announces two changes to the Board of Management in order to further strengthen client focus, corporate governance and strategy execution.

- Board of Management member Søren Kyhl has been promoted to Deputy CEO while he continues in his role as COO.

- Damian Bunce has been appointed member of the Board of Management with the new title of Chief Commercial Officer.

The number of US pension plans with assets equal to or exceeding 95% of their liabilities on an accounting basis has risen to 37%, nearly doubling from 20% at the end of 2017, according to RiskFirst data. 

When Mastercard made a commitment to bring affordable financial access to 500 million people by 2020 and 40 million micro merchants by 2021, many more promises came with it.

Deutsche Bank and HCL Technologies (HCL), a leading global technology company, today announced a strategic partnership to transform the bank’s global cheque processing operations.  Under the terms of the agreement, HCL will build a cloud-based digital and fully scalable cheque processing platform for the bank.  The new IT-platform is expected to go live in 2019.

Gold-i has launched Crypto Switch™ 2.0, providing brokers worldwide with a fully cleared cryptocurrency product and a cost-effective, efficient means of accessing multiple cryptocurrency market makers who can provide deep pools of liquidity as a CFD or physical asset.

For the third year in a row, Avaloq, the international fintech and leader in integrated banking solutions, has been named Star Performer in the ‘Capital Markets BPO – Service Provider Landscape with Services PEAK Matrix Assessment 2018’ by Everest Group. The assessment is an industry-recognized analysis used by enterprises to make critical decisions about global services providers. Participants also look to the PEAK Matrix™ to gauge and calibrate their offerings against others in the industry or market.

It is said that in time everything changes. Certainly, how most of us feel about borrowing money is likely to change, possibly many times, over the course of our lives.

Lenders keen to secure repeat business, therefore, must also change. This means innovating in product design. It also means keeping close track of how their customers’ attitudes are shifting as the years go by.

Fintech startup Sharegain, whose securities lending platform allows any investor to generate revenue through loaning out their financial assets, has raised a total of $12m (including $5m in the latest round) to support the roll-out of its platform to private banks, online brokers and robo-advisers, as well as scaling up its operations with family offices and asset management firms in line with significant early demand.