Portuguese fintech ebankIT will be live on the main stage at Finovate Europe, one of the world’s most prestigious events dedicated to financial technology, to showcase in less than 7 minutes and without using videos or slides, how banks and credit unions can significantly accelerate their omnichannel digital transformation process.

Before a crowd of over 500 representatives of the world’s most renowned financial institutions, ebankIT’s challenge lies on demonstrating how their digital banking platform can launch a Bank in under 7 minutes, with special focus on Mobile Banking.

Smith & Williamson, the UK-based financial and professional services firm, has further enhanced its relationship with international fintech leader Avaloq by adopting its comprehensive Software as a Service (SaaS) solution. The move comes six months after Smith & Williamson selected Avaloq to help enhance the delivery of investment management services to its clients and support the continued growth of the business through the Avaloq Banking Suite. The move will allow Smith & Williamson to roll out new, adaptable products and services to its clients faster than ever before.

Following the recent ‘Blockchain for Sustainable Development Goals’ tour across Europe and Asia, the a European Blockchain HUB (EUBC HUB) and Nispana, under the patronage of the Ministry of Economic Development and Technology of the Republic of Slovenia, are inviting and welcoming experts on blockchain from different stakeholder groups, entities, and individuals from all around the globe to join rich discussions during the two-day event.

 Gymshark and Klarna have today announced the launch of Klarna’s Pay later service in the UK, Sweden, Norway, Finland and Denmark. Enabling Gymshark’s loyal community of shoppers to order the latest fitness apparel and pay after delivery.

Semafone, the leading provider of data security and compliance solutions for call and contact centres, today announced the appointment of Gary E. Barnett to the role of chief executive officer as the company prepares to expand its presence in the U.S. market. Effective immediately, Mr Barnett will replace Tim Critchley who, as CEO of Semafone since 2009, has led the company from a UK start up to an award-winning international business spanning five continents.

Payments disruptor Paysend continues its global expansion by reaching the 500,000 customers milestone and adding an option of sending money to bank accounts across its network.  

The rapidly growing business now operates in more than 70 countries and now offers consumers an option of sending money to regular bank accounts in additions to card-to-card transfers to Visa or MasterCard and UnionPay.  

MDX Technology (MDXT) the high-performance market data solutions provider, has become the first provider of connectivity to real-time market data to integrate with OpenFin, the operating system for finance, enabling financial institutions and FinTech firms to consume multi-vendor market data feeds.

Omnio Group, a banking and payment services provider formed from the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, will host its exclusive launch celebration on 26^th February at the Tower of London. 

Since the successful merger of the two predecessor companies in August 2018, Omnio Group has been refining its suite of innovative financial services as well as developing its all-new brand identity and is now ready to unveil its new look and vision for the future to the industry. 

New data from the UK’s leading price comparison site, MoneySuperMarket, reveals the true extent to which Brits rely on immediate family for financial help. The data shows that over half (55 per cent) of Brits have borrowed over £100 from a family member, with the average loan reaching as high as £2,227¹, meaning the UK’s total family debt runs into the billions.