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Tidal Eergy Manufacturer Secures £6.4m Investment from Scottish National Investment Bank

Tidal energy pioneer Nova Innovation has secured £6.4 million from the Scottish National Investment Bank to fund manufacturing and distribution of its innovative subsea tidal turbines. The investment will see Nova increase its presence across the UK and expand into new global markets.

Wednesday, September 8, 2021 - 12:42
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Financial IT
Value of Top Five Tech Companies Trading on the London Stock Exchange hit $173.6B, a $21B Jump YTD

The year 2020 was probably one of the most challenging years for the London Stock Exchange, as the total number and the value of companies listed in London plunged to an all-time low.

Although their combined market value is still below pre-COVID-19 levels, the last few months have witnessed a significant recovery, and tech companies have had a huge role in that.

Wednesday, September 8, 2021 - 12:35
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/news/trading-systems/value-top-five-tech-companies-trading-london-stock-exchange-hit-1736b-21b-jump
Financial IT
Lgt Vestra Partners with Wealthify to Offer Clients Low-fee Digital Investment Option

Wealthify, the multi-award-winning online investment service, today announces its latest partnership with leading wealth management firm, LGT Vestra. The deal will enable advisers to offer a low-fee investment alternative to clients whose capital does not warrant its standard advice fees. 

By directing these clients to Wealthify’s digital platform via a co-branded user journey, advisers can service a whole new segment of clients.

Wednesday, September 8, 2021 - 12:31
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Financial IT
Nokian Tyres Plc Announces its Mid-term Growth Strategy to Reach Eur 2 Billion In Net Sales – Financial And Non-financial Targets Updated

Nokian Tyres plc Stock Exchange Release September 8, 2021 at 12:00 a.m.

Nokian Tyres’ Board of Directors has approved the company’s revised mid-term strategy and updated financial and non-financial targets. Nokian Tyres aims for organic growth ahead of the market, and increasing market share in all key markets.

The Board of Directors has approved the following mid-term financial targets:

Wednesday, September 8, 2021 - 12:21
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/news/payments/nokian-tyres-plc-announces-its-mid-term-growth-strategy-reach-eur-2-billion-net-sales
Financial IT
Growing Cyber Threat in the Context of COVID-19: Payments Industry Comes Together to Recommend a Combined Approach to Tackle the Problem

 Payments 20 (P20), the leading voice of the global payments industry, has collaborated with some of the largest payment firms and law enforcement organisations to develop a standard approach which will help firms defend themselves against the growing, global cyber threat.

Wednesday, September 8, 2021 - 12:17
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/news/covid-19/growing-cyber-threat-context-covid-19-payments-industry-comes-together-recommend
Financial IT
BT Helps Financial Services Industry Set Course for the Cloud

Portfolio of industry-tailored solutions helps financial services firms navigate their cloud journey; balances risk and reward to boost colleague and customer experience

Wednesday, September 8, 2021 - 12:08
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/news/payments/bt-helps-financial-services-industry-set-course-cloud
Financial IT
Squared Financial and Lusis Partner up to Provide AI Based Forex trading Strategies

SquaredFinancial, the FinTech brokerage firm, has announced today, a strategic partnership with Lusis AI Lab to offer AI-based Forex trading strategies to its customers. This is part of SquaredFinancial’s ambitious expansion program to bring together the best technology and people to deliver world-class global service to clients. SquaredFinancial has seen a 400 per cent increase in clients on their platform in the 12 months to June.

Wednesday, September 8, 2021 - 12:02
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/news/artificial-intelligence/squared-financial-and-lusis-partner-provide-ai-based-forex-trading
Financial IT
A Third of Suspicious Emails Reported by Employees are Phishing

Facilitating employee reporting of phishing attempts is an effective security control when teams use automation to handle increased workload.

33% of emails employees report as phishing are either malicious or highly suspect, according to new research. The finding comes from an analysis of emails reported by employees from organizations across the globe during the first half of 2021, and highlights the efficacy of employee-led efforts in preventing cyber attacks.

Wednesday, September 8, 2021 - 11:45
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/news/security/third-suspicious-emails-reported-employees-are-phishing
Financial IT
Goal Group appoints Daron Pearce as Brand Ambassador, EMEA

 Goal Group, the global fintech leader in withholding tax reclaims and securities class actions recoveries, has announced the appointment of prominent industry figure Daron Pearce as Brand Ambassador for its EMEA region.

Wednesday, September 8, 2021 - 11:32
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/news/fintech-startups/goal-group-appoints-daron-pearce-brand-ambassador-emea
Financial IT
Seamless Middle East to Welcome Thousands of Payments and E-commerce in-dustry Heavy-weights to Dubai World Trade Centre as Dubai Opens Up to the World

Seamless Middle East will reunite global industry leaders at a critical time to discuss the future of payments, fintech, identity, retail and e-commerce.

Wednesday, September 8, 2021 - 11:25
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Financial IT

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