Hamburg-based Fintech company Deposit Solutions has signed a partnership with Crédit Agricole Consumer Finance, Europe’s market leader for consumer loans. The French bank will use the Deposit Solutions platform to offer savings products in Germany, starting with fixed-term deposits offered through the ZINSPILOT portal. The partnership will also enable Crédit Agricole Consumer Finance to leverage the Fintech’s broad network of distribution partners, which have a cumulated reach of 30 million German savers.

Microexcel is extending their Intelligent Services to automate B2B collaboration with CloudTrade. CloudTrade provides electronic document capture with its own unique, patented e-invoicing, e-ordering and e-trading solution that enables paperless trading improving operational efficiency and quality.

Twilio (NYSE: TWLO), the leading cloud communications platform, today released its second annual State of Customer Engagement Report, which delves into businesses' spend and behaviour when it comes to digital communications and customer engagement.

Covid-19 has had a detrimental impact on the finances of many households – a situation that will be exacerbated when the furlough scheme ends. Some estimates suggest that almost 700,000 additional people faced poverty during the Winter of 2020 as a result of the pandemic¹.

Financial IT Interviews Rob Lincolne, Founder & CEO of Paydock

Kaleida International, a leading B2B marketplace for tenders, has partnered with detected and added the company’s functionality to its platform connecting Procurement Buyers to B2B Suppliers. Kaleida makes the private and public sector tender process focused, faster and more effective for everyone, and a core part of this is ensuring both parties mutually trust each other.

Nordea has decided to exit its Nordic sub-custody business and has entered into a strategic referral agreement with Citi. Nordea recommends that its sub-custody clients appoint Citi as their new provider. Nordea is committed to ensuring that clients who do not migrate to Citi will be assisted through an orderly transition of services to a provider of their choice.

The Saxo Bank Group welcomed a record high number of 238,000 new active clients and saw a continued inflow of clients' assets in 2020. This brings the Group’s total to a record of more than 660,000 active clients. The total client base has grown more than 230% since 2018 with a strong acceleration of organic growth in 2020.

ESET, a global leader in cybersecurity, reveals that over two thirds of UK business leaders (69%) expect their company’s investment in FinTech to increase in 2021/2022 and 80% are adopting a cybersecurity-first approach when investing in new technology solutions. This comes as 76% of senior managers surveyed in the UK agree that COVID-19 has increased the need for improved security of finances.

Rental deposit fintech Fronted has launched this month, becoming the second company to be powered by Yobota’s core banking platform.

Founded in 2016, London-based technology firm Yobota has built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products.