Rothesay, the UK’s largest pensions insurance specialist, today announces that it has agreed to acquire the c.£6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds Banking Group. The business to be transferred covers the pension benefits of c.42,000 people.
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Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe. From today, customers in Austria, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia and Slovenia will be able to earn up to 4% interest per annum on their savings, without deposit limits and at no additional cost.
The allure of AI is undeniable. From self-driving cars to composing music, it seems there's nothing AI can't do. This excitement can easily transfer to the finance world, where many decision-makers are tempted to jump on the AI bandwagon. Exercise a bit of caution before you sign up for the newest AI tool on the market. Just because AI is a powerful tool, it doesn't mean it's the answer to every financial headache.
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced the appointment of Ajei Gopal to its board of directors.
Tell Money, a leading fintech open banking provider, is set to play a crucial role in the launch and growth of Griffin Bank, a new UK Bank established to help companies build and launch financial products, following their $24 million funding round and attainment of a full banking licence. Leveraging it
PayPoint today announces they will become EAAA's primary payment partner, signalling a new era of collaboration and innovation in providing multiple payment solutions to support enhancing the donor experience, fundraising and lottery campaigns.
Mastercard today unveils Smart Subscriptions, an open-banking-powered subscription management solution that financial institutions can easily plug into their consumer banking applications. Beyond basic management functions, Smart Subscriptions delivers individual spend analysis, expenditure categorization, and personalized offers all in a single user-friendly experience.
In a world where technology and data feel like a male-dominated industry, it’s important to shine a light on the women who forge their own paths in a career in technology. Rosie Armstrong, a front-end engineer at Airtime Rewards, shares her journey and dispels the myth that coding is exclusively for the mathsy men of the world, and the role women in the industry can play in empowering other women to join the industry, and ultimately close the gender gap.
International insurtech bolttech and stc Group, the leading telecommunications company acting as the engine of digital transformation in the region, today announced the launch of its partnership and expansion into the Middle East. bolttech’s collaboration with stc Group will provide stc’s customers with innovative, embedded device protection offerings through a technology-enabled experience.