Redwood Bank, which focuses on small and medium-sized businesses in the UK, has become the latest challenger bank to join Flagstone’s cash deposit platform. Flagstone’s SME clients will now be able access to Redwood Bank’s competitive rates with a 1.40% one-year fixed-term deposit account now live on the platform.

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Allegacy Federal Credit Union, a $1.43 billion in assets credit union based in Winston-Salem, North Carolina, will advance its member and business services capabilities and prepare for the next stage of its growth by enhancing its core platform with an integrated suite of solutions from Fiserv.

CryptoCompare, the leading provider of cryptocurrency data and indices, today released its April 2019 Exchange Review, offering investors, analysts and regulators analysis of key developments in the cryptocurrency exchange market.  

TransferMate, one of the world’s leading cross-border B2B payments providers, has today announced a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to deliver Global Invoice Connect^SM – the go-to platform for U.S.-based international businesses looking for a simpler, more cost-effective solution for receiving payments from their global customers.

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, is awarded “Best Technology Solution Provider to Islamic Finance in UK” during  CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE).

 Haltian Oy is the first vendor on the market to offer in

Simon Merchant

Currently Partner at Flagstone with responsibility for technology and operations.

Triple Point Venture Fund has led a £1.3m investment in UK-based messaging company Augnet Limited (“Augnet”). Triple Point invests alongside a number of industry experts. The funds will be used by Augnet to further develop the platform, support the testing stage and invest in its sales and marketing channels.

 Chelmsford City Council today announced a new partnership with leading enterprise software provider TechnologyOne, signing a two-year Software as a Service (SaaS) deal to implement its fully integrated OneCouncil solution.

TechnologyOne’s SaaS solution will replace the council’s on-premise Totalmobile system, streamlining its financial and procurement operations under one platform, with information accessible from any device, anywhere and at any time.

Businesses have invested £22bn less in the last two and a half years as a result of the uncertainty caused by Brexit, according to data from the Office of National Statistics, While this may make financial sense, it could negatively impact the business’ ability to operate as usual and maintain a competitive edge within a global market.