The new Solactive Intuitive BetaTM Indices constructed around intuitive themes such as workforce efficiency, corporate longevity and value investing are being rolled out. The Solactive Intuitive BetaTM is an innovative investment approach constituting the bedrock of a series of smart beta indices in which intuition, or gut feeling, takes a prominent role in defining the passive investment strategy.
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Rabobank customers will as of today be able to use the IBAN-Name Check. The check helps to avoid incorrect transfers and fraud. The IBAN-Name Check has been developed by Rabobank and will also be made available to other banks.
ABN AMRO has invested in the innovative FinTech company Cloud Lending Solutions Inc.
The NatWest Entrepreneurship Monitor has revealed a third of the population believe that London is the best place in the country to start a new business because of its good transport links and a strong local economy.
Instabank, often dubbed a ‘Challenger Bank,’ is among a new breed of financial services that is taking hold of technology to meet the increasing demand for simplified, digital-first banking experience.
I’m making a presentation on cybersecurity this week at our Nordic Finance Innovation meetings. This meant preparing a few new slides from scratch as I don’t have a set deck for cybercrime, and sat and started ideas just as the news dropped about the Equifax breach.
For the first time at FinovateFall, Mitek, a global leader in mobile capture and identity verification software solutions, will demonstrate Mobile Verify® for Lending.
This new, five step digital lending experience enables lenders to verify identity and bank account information in real time for fast loan decisions with a simple process for borrowers.
PayJoy has closed $6M of new investment with strategic partners who will help PayJoy phone financing further expand internationally throughout Latin America, Asia, and Africa. The investment was led by Santander InnoVentures, the fintech venture capital fund of Santander Group, and ITOCHU Corporation, one of the largest Japanese general trading companies in Asia. Other strategic partners joined from Brazil, Nigeria, Mexico, China, Vietnam, and Europe. This investment brings PayJoy’s total equity and debt financing to $30M since its founding in 2015.
Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced that the company ranked No.10 in IDC’s 2017 Financial Insights FinTech Rankings. This ranking marks the eighth consecutive year that NRI has been named a top 10 global financial technology firm by IDC Financial Insights.
ING announced today that Ann Sherry will resign per 14 September 2017 from the Supervisory Board of ING Group.
Ann Sherry was appointed to the Supervisory Board on 25 April 2016. Ms Sherry has decided to resign because of personal circumstances. In her role as ING Group Supervisory Board member, she was also a member of the ING Group Nomination and Corporate Governance Committee. Ann Sherry stays on as member of the Supervisory Board of ING in Australia.