Tech-focused investment bank ICON Corporate Finance has completed its latest deal in the active AI & Data Technologies space, advising on the acquisition of ForePaas by OVHcloud (Paris:OVH), the European leader in cloud computing.

ICON believes that the transaction will be transformative as the pairing of these innovative businesses delivers a perfect combination of AI PaaS and cloud hosting.

Speed of change is making assessing emerging risks difficult according to the annual ORX 2022 Operational Risk Horizon report. The report predicts cyber threats, macroeconomic change and geopolitical turbulence will significantly influence the emerging risk landscape.  

META: Take a look at our guide to why it’s essential for SaaS fintech products to have superior integration.

"SaaS fintech” is a term that can look like it comes from another language to outsiders. To break it down, SaaS, or “Software as a Service” allows industry staff to access a piece of software designed to make business operations easier, and “fintech” is the financial technology genre of SaaS.

Colombia-based Fintech Minka Raises $24 Million

Partnerships 

Colt Technology Services Partners with VMware to Deliver Global Managed SD-WAN

Starling Bank has been named Bank of the Year at the City AM Awards. Anne Boden, founder and CEO of the leading digital bank, has been named personality of the year. 

Anne Boden, CEO and founder of Starling Bank, said: “We’ve won this award because we listen to our customers and have built a culture around giving them what they want. I’d like to say thanks to them all; your feedback challenges our team, which is made up of some of the best talent in the sector, to make the bank better every day.”

The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool E recipients, providing a summary of performance against their public commitments for the period ending 28^th February 2022.

The public commitment updates this reporting period has the majority of awardees making excellent progress and a couple seeing challenges due to headwinds in their sectors.

• Global open finance data network Plaid has added Primer, UniPaas and NoFrixion as partners to its Payment Partners Ecosystem
• The partnerships will open the door for ecommerce companies to benefit from open banking infrastructure to improve their onboarding and payments processes 

Platform now boasts over 5,000 workplace users

With 40% of workplace users requesting to transfer old pots over to Penfold

Penfold, the digital pensions platform, today announces the launch of its workplace pension and has already signed over 100 UK businesses and over 5,000 workplace members, bringing their total membership up to 45,000 savers.

A Bloomberg article covered Local Government Minister Darragh O’Brien’s commentary on thwarting Russia's “insidious disinformation war,” which is to include political donations. The Irish Independent noted Ireland’s political parties would no longer be able to accept donations made through cryptocurrencies. This ban would come as a way to prevent foreign interference in elections, along with a mix of other measures.