Moody’s Analytics announced today that Income Research + Management (IR+M) has licensed the PFaroe™ DB, a pension risk modeling software.

• The move follows successful expansion in 2021 into Africa, Latin America and Asia 
• New Digital Asset Chief Executive Officer appointed in the US 

Square Financial, the fintech brokerage headquartered in Europe, is launching a US Digital Asset Operation to increase its offering to American clients in line with its global growth plan.  

Tatra banka will implement Temenos Multifonds to administer €3.8 billion AUM and enhance investor servicing across its mutual and pension businesses

Adult social care is a sector under immense pressure.  Prior to the pandemic, the Competition and Markets Authority’s 2017 report highlighted the financial fragility of the sector. It is clear that COVID-19 has exacerbated financial pressures on care homes, potentially leading to highly disruptive closures.

Appital, the Equity Capital Marketplace, today announced Bernstein as executing broker on its new bookbuilding platform ahead of launch.  Appital brings technological innovation and automation to equity capital markets and improves liquidity discovery and price formation processes of illiquid equity positions.

• Billhop enables businesses to pay supplier invoices using existing cards, regardless of the suppliers’ payment stack – tapping into $120 trillion B2B payments market, which lacks low-friction options compared to B2C

• Creates opportunities for increased capital efficiencies, creating win-wins for all buyers, sellers, and their payment providers

• New funding will be used for hiring, customer acquisition, and geographical expansion

Leading pan-African fintech enablement partner, Ukheshe Technologies, has significantly improved its Broad-Based Black Economic Empowerment (B-BBEE) performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.

As one of the first fintechs to attain a Level One score, Ukheshe joins a select handful of companies in the financial services sector to achieve South Africa’s highest transformation rating.

Financing accelerates the company’s expansion to modernise accounting for the private capital industry

TrueLayer, Europe’s leading open banking platform, today announces its expansion into Sweden with the appointment of former Adyen executive Karl Hagner as its Country Manager. A highly experienced commercial manager, with a focus on payments in ecommerce, Stockholm-based Karl will define and manage commercial strategy in the country, alongside TrueLayer’s Chief Revenue Officer Max Emilson.

In 2020, customers began relying on digital-first experiences to make remote banking fast, secure, and painless. Previously loyal customers lost patience over lengthy phone calls and complicated paperwork. In response, innovative competitors rushed in with technologies that made customers’ lives easier. 

As a result, traditional banking, wealth management, and capital market companies failing to modernize risk more than just their time; they virtually guarantee losing customers, revenue, and reputation.