One of the HR issues that the banks have been wrestling with as part of their Brexit insulation and response strategies is the contrast in labour laws in other EU jurisdictions. Put simply, it is harder and more expensive to terminate employees in Frankfurt or Paris than the UK, other than in exceptional circumstances. The news that Frankfurt is offering banks an exemption for “risk takers” from some of these strong protective rules is an incentive to the banks.

NEX Group plc, a financial technology company at the centre of global markets, announces today that its Swap Execution Facility (“SEF”), NEX SEF Limited (“NEX SEF”), went live on 3 July 2017.

Finastra today announced that its UK-based service bureau (formerly part of D+H) has been awarded the SWIFT Shared Infrastructure Program (SIP) version 2 for 2016 label. 

Masabi, the global leader in transport mobile ticketing and innovative fare collection, today announced that it has deployed mobile ticketing on trams and buses to HTM Personenvervoer NV, the public transport company for The Hague, in The Netherlands. 

Now in its second operational year, the Payment Systems Regulator (PSR) has today published its annual report for 2016/17, which reviews its work over the past year.

Following Mobey Forum’s recent quarterly member meeting in Edinburgh, Executive Director, Maikki Frisk, caught up with Douglas Kinloch, VP Software Protection & HCE and host member, Inside Secure, to get his take on the future of digital security in today’s banks.

Everyone is talking about the digital user experience. For banks, is a security trade-off necessary to deliver the optimal UX?

An impressive 120,000 transactions in a single minute – that’s the new record set by Bacs Payment Schemes Limited (Bacs), the organisation behind Direct Debit and Bacs Direct Credit in the UK. 

Equiniti Group plc, the FTSE listed FinTech and regulatory services business, today announces the acquisition of the Nostrum Group Limited (Nostrum). 

AxiomSL, the global leader for risk data management and regulatory reporting technology for the financial services industry, today announced that growth equity firm TCV has made a strategic investment in the company. This investment represents AxiomSL’s first institutional financing, having bootstrapped to scale since its founding in 1991. TCV’s investment will enable the company to accelerate growth and cement its position as the financial industry standard for risk and regulatory compliance data management.

Working in close collaboration with Innotribe, over one hundred judges from across the financial, technology, and investment communities evaluated over 40 applications received for the first edition of the Startup Challenge for Russia.