Endoxa, a consortium of five leading financial institutions including Barclays, BNP Paribas, Goldman Sachs and HSBC, will collaborate to develop a Position Reporting Utility and are pleased to select Droit as the technology provider.

New York, September 25th, 2023 — The financial industry faces unprecedented challenges in the current macroeconomic environment, necessitating robust stress testing frameworks. The 5th Annual Best Practices for Stress Testing in Financial Institutions, hosted by GFMI, is set to provide invaluable insights to help institutions adapt and thrive.

ZuluTrade, the leading social and copy trading platform, has won the prestigious Best Social Trading Solution Award at UF AWARDS Global 2023. 

The Fintech Talents Festival returns for its fifth edition on the 13th – 14th November at the Brewery in London. With over 2,000 attendees, 400+ speakers, across six stages, the scene has been set for a recording-breaking event. 

Wolters Kluwer’s Corporate Performance and ESG (CP & ESG) division is poised to play leading role in enabling businesses to navigate emerging ESG reporting challenges. And the multi award-winning division has set out key issues major financial services institutions and corporates should consider when tackling emerging ESG reporting challenges.

Travelex, a market-leading global travel money services business, has completed a £90m refinancing deal that will underpin the next stage of its growth journey. 

The £90m facility has been provided on a five-year term. It will be used to repay the existing £50m term loan facility, redeem £12m of the New Money Notes and stapled equity, and provide funds for investment in the business. 

Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK.

Mintago, a Financial Conduct Authority (FCA)-regulated company, offers the UK’s most complete and inclusive financial wellbeing solution. 

Modern banking is a far cry from the solid brick-and-mortar buildings first associated with the profession. Most dealings with banks today primarily happen online and through self-service channels, embedded in the everyday experiences of online customers. Customers expect more from these digital experiences, be it through the personalisation or contextualisation of interactions and services to improve their financial well-being. 

Standard Life, part of Phoenix Group, the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the market-leading Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a commercial pensions dashboard.

Analysis of the Bank of England’s data1 on SME lending shows that through the first half of 2023 SME’s saw net lending decrease by £5.3 billion.

The research by Ebury, the global financial technology firm helping to simplify international trade for SMEs, highlights the urgency with which businesses are now making debt repayments in the aftermath of the various COVID-19 loan schemes and the rising cost of servicing that debt.