Absa Group has been named ‘Africa’s Best Transformation’ at the Euromoney Awards for Excellence 2019 held in London last night. 

The award recognises a bank in each region that has made the most positive changes over the last 12 months and fundamentally transformed its business model or offering to clients in the period under review.

Today, N26 is launching its banking app in the US. Starting in a staged rollout, the 100,000 customers on the US waitlist will be invited to sign up and have full access to the product. A full public launch will follow later this summer. The launch in the US market marks the next step in the company’s mission to become a bank that millions of customers around the world love to use.

Objectway, a leading provider in the Digital Wealth, Investment & Asset Management sector, has added another prize to its trophy cabinet at the 2019 Goodacre Systems in the City Awards in London.

Awarded “Best Wealth Management System”, Objectway WealthTech Suite is the firm’s front-to-back office platform supporting the whole digital investment management process. It enhances the entire advisor-client engagement & collaboration experience and allows you to optimise back-offce operations reducing cost, risk and ensuring compliance.

CEX.IO has officially received a Distributed Ledger Technology (DLT) licence issued by the Gibraltar Financial Services Commission (GFSC). 

Gibraltar is proactively supporting innovation and ensuring that business complies with regulatory requirements at the same time. In 2018 they have created a special DLT framework for businesses that transmit and store virtual assets on behalf of their customers.

Insurance Innovators has been building a community of trailblazers and influencers for the past 20 years. Through a series of events and digital content, Insurance Innovators aims to accelerate the success of those in the growing community through sharing knowledge, collaborating and building networks.

The flagship conference, Insurance Innovators Summit, will be returning in November at the QEII Centre in Westminster. New features for this year include four stages and over 120 speakers, 87% of which are brand new to the Summit.

Commerzbank’s Supervisory Board has today appointed Roland Boekhout (56) to the Board of Managing Directors. Roland Boekhout, currently Member of the Management Board Banking at ING Group, will take on responsibility for Commerzbank's Corporate Clients segment by 1 January 2020, following the usual cooling off period. He succeeds Michael Reuther (60) who, as agreed and announced in December, will leave the Bank to embark on a new chapter in his professional life. Roland Boekhout’s appointment to the Board is still subject to the approval of the supervisory authorities.
 

DriveWealth, LLC, a leader in global digital trading technology, in partnership with IPJukebox, a consumer-focused fintech company, announced the launch today of WealthSeed, a new online investment product designed to give independent contractors a valuable alternative to traditional employer-sponsored plans. The DriveWealth platform is the engine for the new offering that aims to remove barriers to building long-term financial health. 

MDOTM, the fintech startup that develops AI-driven investment strategies for institutional investors (Banks, Family Offices, Wealth and Asset Management companies), launches its Advisory Board and announces its members: Federico Ghizzoni, Chairman Rothschild Italy and former CEO Unicredit; Alida Carcano, CEO Valeur Asset Management; Marino Valensise, Head of the Multi Asset Group and Chairman of the Strategic Policy Group at Barings; Fabio Troiani, Co-founder and CEO of Bip; Michele Padovani, Cherry Bay Capital Executive Director and Former Director of Innovation Strategy at EY.

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that the Cardano Group, the pensions risk and investment management specialist, has gone live on its platform.

Callsign has today announced that it will be working with Lloyds Banking Group on providing digital identification and authentication solutions.

This latest partnership will see the bank rolling out Callsign’s platform to all customers across its core brands. The utilisation of the platform not only supports Lloyds' ongoing commitment to protecting customers from fraud but also provides an excellent and seamless customer experience.