New Look, a fashion retailer in the UK, last week completed its second Company Voluntary Agreement (CVA) and, by doing so, sparked a ground-breaking change to the retail rental model. New Look persuaded some 400+ landlords (c. 90% of its estate) to agree to rents based on shop turnover in order to better align store costs with trading conditions: a radical demand in a sector where the rental model is traditionally built on fixed rents that only go up year on year.

Adyen (AMS:ADYEN), the payments platform of choice for many of the world’s leading companies, has today announced the rollout of Giving - a product feature that enables Adyen’s merchants to accept charitable donations during the online and in-store checkout process, and allows them to strengthen their bond with their shoppers by providing a platform for their preferred charitable causes. By doing so, Giving converts shoppers’ good intentions into additional revenue streams for charitable causes. 

Gresham Technologies Plc (Gresham), the leading global fintech that specialises in providing real-time solutions for data integrity and control, banking integration and payments and cash management, has appointed Jenny Knott and Dr. Ruth Wandhöfer as Non-Executive Directors.

Among the founding ideas for Ripple is to expand global financial inclusion for everyone—not just those in wealthy nations. The existing financial system is antiquated, broken and poorly designed to serve the needs of those in emerging markets, which are too often overlooked by financial service providers.

Causality Link, an advanced, AI-driven financial information technology provider, announced significant updates to its groundbreaking Research Assistant platform. The upgrades include an increased number of content providers and languages ingested, the creation of custom ESG indexes and the launch of additional services targeted towards parsing the internal documents of customers.

The agreement will see the Taiwanese bank implement Avaloq’s market-leading wealth management software across its private banking division in Taiwan, Hong Kong and Singapore.

Avaloq’s new client is one of Taiwan’s largest commercial banks with more than 150 branches throughout the country. Besides its home market, the bank also offers private banking services in Hong Kong and Singapore.

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, highlights the latest technologies in digital payment innovation through its internal community event, the Worldline TeX Show, throughout the month of October.  In a series of webinars and video presentations, Worldline’s technical community share and exchange information on the latest achievements, discoveries and innovations in fields such as Artificial Intelligence (AI), Blockchain, quantum computing, face recognition, mobile authentication and many othe

The tech industry needs nurture

Finastra has opened registration for its annual hackathon: Hack to the Future 2020. This year the global event is entirely virtual and its themes reaffirm the company’s mantra to help redefine finance for good.

FinecoBank today announces the expansion of its investment offerings with a suite of funds from J.P. Morgan Asset Management.