NeoXam, leading financial software provider has extended its relationship with Raiffeisen Capital Management, one of Austria’s largest asset managers, for a further five years.  

Raiffeisen Capital Management, which currently has €36,3 billion in assets under administration (by end of May), has been using NeoXam’s investment management solutions for over two decades. The new agreement includes improved features across the two solutions that enhances end user experience and drives increases in efficiency. 

Nutanix, Inc. (NASDAQ: NTNX) a leader in private cloud, hybrid, and multicloud computing has released an analysis of its third global Enterprise Cloud Index survey showing how UK companies compare with the rest of the world when it comes to hybrid cloud adoption. While broadly similar on overall trends, this analysis shows significant differences in the implementation of hybrid cloud.

nexo standards’ latest member survey has found that its specifications and protocols are powering over 5 billion payment transactions per year, representing over 416 million payments per month. The survey also revealed the scale of nexo’s global presence, with live deployments in over 25 countries across APAC, Africa, Europe and North and South America.

What exactly do we do with our money? Aside from daily purchases, we store it. Attempt to save it. Mostly in banks. Then, we shuffle money between companies and people as we transfer, invest, borrow or lend. Finally, we trade it off for other assets.

However, the Covid-19 pandemic has exposed operational and technical flaws in many financial institutions. And banks are tasked with responding to the immediate crisis while adjusting for their long-term strategic plans. Unfortunately, many underlying problems will outlive this moment in time.

Zuora, Inc. (NYSE: ZUO) a leading subscription management platform provider, today announced a strategic partnership with Stripe to accelerate the growth of the Subscription Economy®. A new product integration will enable Zuora customers -- including Carbar, Intercom and Seiko Epson -- to enhance their subscription experience with advanced payment capabilities.

gohenry, a global leader in building healthy financial habits for kids, today announced a $40 million financing round led by US growth-equity firm Edison Partners with investment from Gaia Capital Partners, Citi Ventures, and Muse Capital.

IDnow, a leading provider for Identity Verification-as-a-Service solutions, recieves €15 million growth funding from European Investment Bank. Funds will support IDnow’s research and development and international expansion. Financing by EU bank is provided under Investment Plan for Europe.

Moneyhub, the market-leading Open Banking and Open Finance data, intelligence and payments platform, is the first TPP to connect to Citibank, the consumer division of financial services multinational Citigroup. In the UK, Moneyhub offers consent-driven access to financial data via 580 live and in production connections across 200 financial services providers - of which 100 are direct UK Open Banking providers, and a further 100 more broad Open Finance providers. 

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has announced that it has been selected by BEC, a Danish full-service technology firm that develops and operates IT systems for financial institutions, to provide its comprehensive solution for the updated Shareholder Rights Directive (SRD II).

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced that Ebury, a leading global FinTech backed by Santander Bank offering cross-border financial services and risk management, has been granted a Financial Services licence to carry out the regulated activity of providing Money Services from the Centre.