Fabrick, a leading Italian fintech company which operates internationally to promote Open Finance, and Prometeia, a consulting, software and research company that is a market leader in solutions for risk and wealth management, today announce the launch of Global Investment Portfolio, a unique digital wealth management solution that harnesses the power of artificial intelligence and open banking.

Monneo, virtual IBAN and eCommerce bank account provider, today announces the launch of its merchant settlement distribution service to enable acquirers to receive and distribute settlements to their merchants through the Monneo platform. The new service will help make transacting across currencies and borders easier and quicker, proving vital for acquirers operating in various verticals.

Nationwide is partnering with OpenWrks, a UK based provider of open banking applications, to help members facing financial difficulty.

OpenWrks, using Open Banking technology, helps people in financial difficulty quickly pull together information from different accounts and sources to easily built an accurate digital income and expenditure statement.

Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, today announced the launch of the Strategic Reporting Module as part of its Realiti® suite. The new module will open up Realiti’s comprehensive dataset to all customer queries, maximising the value of the strategic treasury data resource that accumulates in Realiti every minute of the day.

“Top US officials discussing issuing recommendations on stablecoins is part of a growing trend of global financial watchdogs clamping down on the digital assets sector after years of almost unrestrained growth. This trend is directly influencing the stability of cryptocurrencies such as Bitcoin, which dropped below $30,000, while Ether and Binance also came under selling pressure. The message to the market is clear - strengthen your infrastructure and risk management processes before it’s too late.

Open Banking has been in force for almost three years and is catalysing major changes in UK finance and fintech

A new force is blasting through the European financial system. Open Banking is forcing traditional banks to share customer data (with permission) with third-party service providers. Open Banking is changing the landscape of finance, and London is at the forefront.

The CISI’s latest annual member survey has shown that 55% of its women members surveyed have suffered from stress, anxiety or depression in the last year.

• Limina expands partnership with Bloomberg Enterprise to offer its investment management client base data spanning 11,500 companies 

Limina, provider of the world’s first and only customizable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, has bolstered its ESG capabilities for clients by integrating Bloomberg Enterprise’s industry-leading ESG datasets.

·         Concardis, part of Nets Group, will deliver acquiring for the newly-founded, OTTO Market, supporting OTTO’s desire to set up its own payment service for the platform.

·         The deal is an extension of the long-standing relationship between Otto.de and the Otto Group with Concardis.

·         Expanded services will support the national and European growth of Otto Group's brands.