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Brexit Worries Scuppered by Spring Budget

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.

Thursday, March 9, 2017 - 10:03
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Aquila Capital expands Nordic portfolio with acquisition of wind project

 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.

Thursday, March 9, 2017 - 09:54
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Financial IT
Broadridge Growths With Acqiusition of Message Automation

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.

Thursday, March 9, 2017 - 09:50
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AI will power 95% of customer interactions by 2025

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’.

Thursday, March 9, 2017 - 09:48
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Financial IT
Top Five Women Changing Fintech In The UK

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.

Thursday, March 9, 2017 - 09:34
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Kodak Alaris Information Management partners with ITESOFT-Yooz Group

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.

Thursday, March 9, 2017 - 09:17
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Financial IT
UK Firms Adapt to ‘New Normal’ of International Trade
A new research report released today by AFEX, one of the world’s largest non-bank providers of foreign currency and risk management solutions, reveals a sharp increase in the number of UK importers and exporters re-evaluating their international trade strategies following the June 2016 EU referendum.
 
AFEX’s third Currency Risk Outlook survey questioned more than 650 financial decision makers globally at SMEs engaged in international commerce about their attitudes towards global trade, foreign exchange risk and their methods of managing it.
 
Thursday, March 9, 2017 - 08:06
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Financial IT
Fidor partners with Van Lanschot in the Netherlands to create the first PSD2-inspired Payment Avenue

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. 

Thursday, March 9, 2017 - 07:52
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Financial IT
Raddon Financial Group Evolves to Anticipate Changing Needs of Banks and Credit Unions

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.

Thursday, March 9, 2017 - 07:44
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Financial IT
Silverfinch welcomes PRIIPs RTS and simplification of data exchange

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.

Thursday, March 9, 2017 - 07:34
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Financial IT

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