The DIAS platform, built by a Finnish technology startup Tomorrow Tech, and audited by cybersecurity company Nixu, enables digitalization of the housing market in Finland. Currently, up to 96% of the Finnish housing loan market is included in the service.

Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced immediate support for SWIFT Standards Release 2020 MT messages.

Neyva Bank will now be able to offer instant money transfers via mobile phones after joining Bank of Russia’s new Faster Payments Service (FPS).

The project to introduce the use of phone numbers as a token to perform transfers between recognised contacts of Neyva Bank’s account holders and other FPS member banks was completed with support from Compass Plus.

Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to start its Islamic operations in Baghdad, Iraq.

News stories of late have pointed to the need to compile and verify vital data on listed companies. The London Stock Exchange-listed company Lekoil, for example, fell afoul of an alleged fraudulent financing deal, while FTSE 100 firm NMC Health found itself embroiled in an investigation into incorrect shareholder reporting.

For private equity firms, accessing current and precise information about potential targets is a necessity when carrying out due diligence and to inform speculative buyout offers.

Smartlands is excited to announce that Smartlands has received the “Best Crowdfunding Platform” Award from the FinTech Breakthrough Awards that recognises the top companies and products in the financial services and technology industry today. 

“Eigen provides a strategic capability in use cases across both retail and wholesale banking.” - Benoît Legrand

As the biggest bank in the Nordics, Nordea has a special responsibility to our customers and the societies during tough times. Nordea has decided to offer instalment-free periods to those personal and business customers in all Nordic countries who are in need of help because of the corona outbreak.

As financial services organizations look ahead to the new decade, they will be aware the next ten years are set to bring about dramatic changes in how they go to market and their service offerings and how they engage with customers.

Digital transformation and increasing consumer expectations will place heightened pressure on banks and insurance companies to deliver intuitive and personalized customer experience, far beyond what we currently see in the market.