During the last few years, the financial sector has made huge transitions, coming up with new ways of serving its clients. What has streamlined these transitions is the rapid development and deployment of technology. Technology is a significant component of the finance sector these days, and fintech is the new, emerging, niche sector with massive monetary backing.

Torsion Care (Derby) Devco Ltd is set to complete a new development of 64 retirement apartments, with a £12.5m development finance solution provided by Shawbrook Bank.

Founded in 2015 by Dan Spencer, Torsion Developments operates across a range of property sectors, including student and residential. Martin Hutson joined with Dan in 2018 to establish Torsion Care, with a focus on the growing demand for stylish and practical retirement housing for the over 55s market.

Wealth8, the new digital wealth management platform with a full-service mobile app, is providing access to global investment funds and diversified funds from the largest global asset manager, BlackRock Asset Management. Their service is aimed primarily at the black & multi-ethnic community being largely the African diaspora in the UK.  The mobile app will also be made available to Africans living in major economies on the continent such as Nigeria, Ghana and Kenya, by next year.

·       The regulatory environment has made it increasingly challenging for providers to offer personalised financial support and guidance in a way that goes far enough to help a customer to make their own decisions with greater confidence. Personalised guidance, to help people narrow their options without giving a personal recommendation, would be a great step forward.  

Supernovae Labs, the first fintech accelerator in Italy dedicated to banks and financial institutions, joined forces with Salt Edge, open banking pioneer, to provide Italian financial institutions and third-party providers a much more secure and reliable way of aggregating bank data and initiating payments powered by PSD2.

• UK launch is first phase of European expansion

• Mobile wallet to consign barriers to entry to the past and accelerates mass adoption of decentralized services

• State of the art staking vaults make truly non-custodial earning a reality

Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, has announced today  that its Realiti® software suite has been selected by Nord/LB as the bank embarks on a digital transformation project to  overhaul its treasury operations.  

ADVFN's cryptocurrency platform (

Proposed order would require nation’s largest reverse-mortgage lender to pay $1.1 million penalty for deceptive acts aimed at older homeowners