Despite the pound hitting a seven-week low in anticipation of the Spring Budget, Hammond’s plans to bolster the UK economy in light of Brexit are encouraging. By lowering corporate tax to 19% from April this year, the UK will enjoy the lowest corporate tax rate in the G20 and it’s likely that we’ll maintain this lead as the rate will fall to 17% by 2020.
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Aquila Capital is expanding its portfolio in the Nordics with the acquisition of its first project in Finland, a wind farm with an installed capacity of 14.4 MW on the coast near Kokkola.
The Windpark Ykspihlaja includes four Nordex N131/3600 turbines and is in one of Finland’s most favorable locations with an average wind speed of 7.7 meters/second. This will generate a capacity factor of 43%, which is above average for wind projects.
Broadridge Financial Solutions, Inc. announced today that it has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation Limited, a leading specialist provider of post-trade control solutions. The acquisition accelerates Broadridge's ability to allow firms to transform their risk and compliance capabilities, particularly for complex asset classes where Message Automation is a proven leader. Terms of the deal were not disclosed.
Businesses are failing to prepare for a future led by Artificial Intelligence (AI), virtual reality, augmented reality and holograms, Servion Global Solutions has warned. While automation has played a role in customer experience for some time, industries are reaching a tipping point – not only are intelligent machines on the verge of taking over, but consumers want them to. Indeed, Servion predicts that, by 2025, AI will power 95% of all customer interactions, including live telephone and online conversations that will leave customers unable to ‘spot the bot’.
In light of International Women’s Day (08/03/17), here are the five women who should definitely receive an honourable mention for bridging the gender inequality gap within the fintech sector:
1. Marta Krupinska, Azimo
Marta is the General Manager & Co-Founder of Azimo, which seeks to disrupt the world of money transfer. Originally from Poland, she speaks five languages, and in her day-to-day role, Marta oversees Azimo’s operations and is responsible for decisions across the business.
Kodak Alaris Information Management (IM) recently announced a strategic alliance with document capture solution vendor ITESOFT-Yooz Group. The partnership will provide organisations with a comprehensive solution for automated invoice processing, focused on customer needs and specifications.
Fidor, the advanced provider of digital banking solutions that helps firms launch and run their own digital banks, today signed a partnership agreement with Van Lanschot, the leading wealth management firm, founded in 1737 in the Netherlands.
Fiserv, Inc., the world leading provider of financial services technology solutions, revealed today that Raddon Financial Group has relaunched with an updated slate of research and consulting services for financial institutions. These services are designed to provide banks and credit unions with the insight and direction they need to navigate an increasingly competitive market. As part of the relaunch the company has been rebranded as RaddonSM, a Fiserv company.
Silverfinch welcomes today’s announcement by European authorities that they have agreed on a new set of PRIIPs Regulatory Technical Standards (RTS). The pronouncement heralds an agreement between the European Commission and Parliament that will see the rules come into force at the start of 2018.