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. 

Wolters Kluwer Compliance Solutions’ newly acquired eOriginal technology platform is helping support a major U.S.

 Signicat, the Trusted Digital Identity™ company, today revealed new analysis by P.A.ID Strategies that shows financial institutions are wasting at least €5.7 billion every year due to poor customer onboarding and abandonment.  

Copper.co, the London-based digital asset infrastructure provider, today announced it will serve as an official custodian for the XYM tokens native to NEM Group’s new public blockchain, called Symbol, due to launch in March 2021.

As custodian, Copper will be responsible for securely holding substantial amounts of XEM, stXEM and XYM – on behalf of NEM Entities before and after Symbol mainnet launch on Monday 15 March 2021.

Maven Capital Partners (“Maven”), one of the UK’s most active SME finance providers, has today announced it has invested £1m into Fintech platform, Pockit Ltd (“Pockit”) as part of Pockit’s £15m Series B funding round. The business has secured £1 million funding through the North East Development Fund, supported by the European Regional Development, and £1.3 million via private investors, Crowdcube and the Future Fund, a government scheme backed by the British Business Bank.