Today the British Business Bank has announced that it has approved Allied Irish Bank (GB)/AIB (NI) [1], Investec Bank plc and Mercedes-Benz Financial Services UK Limited for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is launching its low latency network, market data and Infrastructure-as-a-Service (IaaS) solutions for B3’s market participants. Traders on B3 will be able to access high capacity trading link options and IT resources, with better control of Total Cost of Ownership (TCO), without any compromise in data speed.

PostePay, one of the largest Electronic Money Institutions (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications, with over 28 million cards in circulation and 1.4 billion card transactions managed in 2019, today announced a partnership with 

Huobi Asset Management (Hong Kong) Limited (the “Company”), the wholly-owned asset management subsidiary of Huobi Technology Holdings Limited (1611.HK), is pleased to announce that it was granted with Type 4 (advising on securities) and Type 9 (asset management) licenses by the Securities and Futures Commission (the “SFC”) on 31 July 2020 to conduct the respective regulated activities.

Enfuce, Finland’s largest fintech startup, has recently appointed Transact Payments (TPL) – the experts in cards and payments – as its preferred prepaid BIN Sponsorship partner in Europe. The partnership allows Enfuce’s customers who don’t have an issuing license to quickly and securely launch prepaid card products across Europe.

FSS (Financial Software and Systems), a global digital payment and financial technology company, has augmented its UPI 2.0 platform with a range of new capabilities to improve customer convenience. This includes AutoPay and voice-activated account management to enable PSPs harness the potential of UPI, generate new monetization opportunities, and encourage frequent use of digital payments.

Payments company EBANX announced the expansion of its transparent checkout solution for Shopify to more Latin American countries. Already available in Brazil, it is now live in Mexico and Colombia as well, allowing international stores that sell through the platform to deliver a more seamless payment experience to their consumers in all these countries, at once, through one single integration with EBANX.

thinkFolio, a leading multi-asset class investment management platform from IHS Markit, has integrated with Investor Access, making it the first portfolio and order management platform to provide seamless fixed income primary market workflow for the buy side community.

SwissBorg has partnered with Onfido to securely verify applicant identities for its wealth management platform, providing a seamless customer onboarding experience while achieving regulatory compliance. 

Deloitte announced today that Monica O’Reilly has been named the new leader of its financial services industry practice, which serves 94% of the financial services companies on the Fortune 500 list last year. In addition, Mark Shilling has been named as Deloitte’s banking and capital markets sector leader.