SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project, Banking4U, designed to provide quick and easy access to bank loans. 

Leading mortgage technology provider, Twenty7Tec, today announces that all users of the company’s CloudTwenty7 platform will now have access to the APPLY integration with Aldermore, for the submission of mortgage applications.

This move follows a successful pilot of the integration, so advisers at both Mortgage Advice Bureau and Connells were able to submit applications to Aldermore from within APPLY.

Link Fund Solutions, part of Link Group (ASX: LNK), a leading global provider of financial administration services, and Confluence Technologies, Inc. (“Confluence”) have partnered to launch a portfolio compliance solution across 283 funds in the UK and Europe.

Previse, the AI fintech that gets suppliers paid instantly, has made two new hires to its London team.

Niv Subramaniam joins Previse as Commercial Lead and Steve Dempsey as Sales Director.

Previse is growing its team in response to increased demand for its InstantPay technology, which has been spurred on by the need for SMEs to receive faster payments to be able to survive the Covid-19 storm. 

To help businesses meet customer needs and provide greater support for the financially vulnerable, PayPoint is stepping up the benefits for its digital solution, PayByLink. 

The Bitcoin price nears $50,000 and will continue to reach new highs in this first quarter of 2021 – but investors should also expect volatility due to increasing regulatory scrutiny.

This is the warning from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory and fintech organizations. 

It comes after the cryptocurrency hit more than $49,700 for the first time in history on Sunday.

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has responded to the EU’s proposals for a Digital Operational Resilience Act (DORA) for Financial Sectors.

The WFE welcomes the ambitions of the EU Commission in seeking to improve and harmonise operational resilience requirements across the financial ecosystem – especially those purely operating in digital-based environments.

Post Office is expanding its presence in the identity services market with the roll-out of a suite of online and in-branch products in a new partnership with digital identity company Yoti. The rollout includes a free-to use app that will combine customers’ personal data and biometrics to create a secure, reusable ID on their phone, and in-branch services for those customers who do not have access to a smartphone or who prefer face-to-face contact when asked to confirm their identity.