Smith & Williamson adopts Avaloq’s SaaS solution
- 6 years 2 weeks ago
- Investment Management, Wealth Management, Banking
Smith & Williamson, the UK-based financial and professional services firm, has further enhanced its relationship with international fintech leader Avaloq by adopting its comprehensive Software as a Service (SaaS) solution. The move comes six months after Smith & Williamson selected Avaloq to help enhance the delivery of investment management services to its clients and support the continued growth of the business through the Avaloq... more
Making Gains? Klarna’s Pay later service now available to Gymshark customers in the UK & Nordics
- 6 years 2 weeks ago
- Payments, Online Banking
Gymshark and Klarna have today announced the launch of Klarna’s Pay later service in the UK, Sweden, Norway, Finland and Denmark. Enabling Gymshark’s loyal community of shoppers to order the latest fitness apparel and pay after delivery.
Omnio Group to Unveil New Brand at the Tower of London
Omnio Group, a banking and payment services provider formed from the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, will host its exclusive launch celebration on 26th February at the Tower of London. Since the successful merger of the two predecessor companies in August 2018, Omnio Group has been refining its suite of innovative financial services as well as developing its all-new brand identity and is now ready to... more
Over half of Brits borrowing from family instead of banks
- 6 years 2 weeks ago
- Alternative Finance, Infrastructure
New data from the UK’s leading price comparison site, MoneySuperMarket, reveals the true extent to which Brits rely on immediate family for financial help. The data shows that over half (55 per cent) of Brits have borrowed over £100 from a family member, with the average loan reaching as high as £2,2271, meaning the UK’s total family debt runs into the billions.
Sberbank and 500 Startups select seven start-ups for Silicon Valley
- 6 years 2 weeks ago
- Banking
Sberbank has selected thirty start-ups that completed the acceleration at the joint Russian-American accelerator of Sberbank and 500 Startups. Sberbank also decided to invest up to RUB 120 mln in them. More than half of start-ups received offers on cooperation from major Russian companies that took part in the Demo Day of the accelerator. As a result of the acceleration, seven teams were selected. Their products were recognised as having foreign... more
AccountScore and The Insolvency Panel announce first ever open banking solution for free-to-client debt advisors
- 6 years 2 weeks ago
- Banking
AccountScore, together with The Insolvency Panel, today announced the launch of the first ever Open Banking solution for the debt advice and debt solutions sector
FreeAgent launches first accounting software feed through Open Banking
- 6 years 2 weeks ago
- Banking, Infrastructure
Pioneering fintech company becomes the first UK accounting software to provide bank feeds via new Open Banking infrastructure Innovative fintech company FreeAgent has become the first UK accounting software to offer direct bank feeds via the Open Banking platform - giving customers even greater security and visibility over their business finances.
Nomination Board’s proposals to Nordea’s Annual General Meeting 2019
- 6 years 2 weeks ago
- Banking, Infrastructure
Björn Wahlroos has informed the Nomination Board of his intention to step down from the Board of Directors of Nordea Bank Abp. Torbjörn Magnusson is proposed to replace him as Chair of the Board of Directors. The Nomination Board of Nordea Bank Abp announces today its proposals to Nordea’s Annual General Meeting on 28 March 2019. The Nordea Bank Abp Board of Directors will include the proposals in the notice to the Annual General Meeting to be... more
NatWest and FreeAgent to offer UK accountancy software first
- 6 years 3 weeks ago
- Banking
NatWest and innovative fintech company FreeAgent are to offer direct bank feeds of NatWest and Royal Bank accounts via the Open Banking platform, exclusively to its SME customers - a UK accounting software first. The improvement will give customers greater security and visibility of the finances they hold with the bank’s NatWest and Royal Bank brands, using the industry’s new Open Banking platform. This will initially be open to a select group... more
Mansfield Bank selects CSI core platform
- 6 years 3 weeks ago
- Banking
Mansfield Bank ($519 million in assets) has selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its new core provider. The Massachusetts-based bank will implement CSI’s robust product suite, including its NuPoint® core processing solution, digital banking platform and CSI CRM, in order to provide its customers with an enhanced digital banking experience and more efficient back-... more
Singapore offers banks more time to implement e-payment protection rules
The Monetary Authority of Singapore (MAS) will give banks and credit card issuers more time to adopt the E-Payments User Protection Guidelines (“Guidelines”).
CREALOGIX research: one new bank account opened every 6 seconds in the
- 6 years 3 weeks ago
- Banking
Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past 5 years. The research, commissioned by digital banking software provider CREALOGIX, found consumers are attracted by mobile features that improve convenience, functionality and control.
Danske Bank and Nets sign new five-year Dankort agreement
- 6 years 3 weeks ago
- Banking
Danske Bank and Nets have entered into a five-year agreement to issue and develop the Dankort card. This means that Danske Bank’s customers will still be able to use the Dankort card for payments as they do today. Furthermore, the parties will cooperate to develop the payment infrastructure in Denmark. Danske Bank’s customers must also in future be able to pay with the Dankort card, thus using one of the most popular payment solutions in... more
Banking Competition Remedies Ltd (BCR) announces the opening of the application window for Pool B of the Capability and Innovation Fund
- 6 years 3 weeks ago
- Banking
Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package, today announces the opening of the application window for Pool B of the Capability and Innovation Fund. The Capability and Innovation Fund is designed to support the development of wider capabilities and competition in the SME banking markets. The fund comprises of four pools... more
Absa Innovation Lab to host World Bank's Mission Billion Challenge
- 6 years 3 weeks ago
- Banking, IT Innovations, Infrastructure
The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge.
