Latest news

Nordea Enters Into Referral Agreement With Citi for Sub-Custody Services

5 years 7 months ago
Banking

Nordea has decided to exit its Nordic sub-custody business and has entered into a strategic referral agreement with Citi. Nordea recommends that its sub-custody clients appoint Citi as their new provider. Nordea is committed to ensuring that clients who do not migrate to Citi will be assisted through an orderly transition of services to a provider of their choice.

65% of Business Leaders Believe Cybercrime Will Be a Bigger or Equal Threat to the Security of Their Business’s Finances Than a Coronavirus Lockdown

5 years 7 months ago
Security

ESET, a global leader in cybersecurity, reveals that over two thirds of UK business leaders (69%) expect their company’s investment in FinTech to increase in 2021/2022 and 80% are adopting a cybersecurity-first approach when investing in new technology solutions. This comes as 76% of senior managers surveyed in the UK agree that COVID-19 has increased the need for improved security of finances.

Saxo Bank Announces 2020 Results

5 years 7 months ago
Audit and Reporting

The Saxo Bank Group welcomed a record high number of 238,000 new active clients and saw a continued inflow of clients' assets in 2020. This brings the Group’s total to a record of more than 660,000 active clients. The total client base has grown more than 230% since 2018 with a strong acceleration of organic growth in 2020.

Fronted Becomes Second Fintech to Launch on Yobota’s Core Banking Platform

5 years 7 months ago
Banking, Cloud

Rental deposit fintech Fronted has launched this month, becoming the second company to be powered by Yobota’s core banking platform. Founded in 2016, London-based technology firm Yobota has built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products.

Wolters Kluwer eOriginal Technology Utilized by Ginnie Mae for First Fully Electronic Securitization

5 years 7 months ago
Data, Data Management

Wolters Kluwer Compliance Solutions’ newly acquired eOriginal technology platform is helping support a major U.S.

European Financial Institutions Lose Over €5Bn Every Year on Customer Acquisition

5 years 7 months ago
Digital Identity

Signicat, the Trusted Digital Identity™ company, today revealed new analysis by P.A.ID Strategies that shows financial institutions are wasting at least €5.7 billion every year due to poor customer onboarding and abandonment.

Maven Invests £1M in Fintech Platform Pockit

5 years 7 months ago
Fundraising News

Maven Capital Partners (“Maven”), one of the UK’s most active SME finance providers, has today announced it has invested £1m into Fintech platform, Pockit Ltd (“Pockit”) as part of Pockit’s £15m Series B funding round. The business has secured £1 million funding through the North East Development Fund, supported by the European Regional Development, and £1.3 million via private investors, Crowdcube and the Future Fund, a government scheme backed...

Copper Appointed as Official Custodian for NEM Symbol Token Launch

5 years 7 months ago
Digital Identity

Copper.co, the London-based digital asset infrastructure provider, today announced it will serve as an official custodian for the XYM tokens native to NEM Group’s new public blockchain, called Symbol, due to launch in March 2021. As custodian, Copper will be responsible for securely holding substantial amounts of XEM, stXEM and XYM – on behalf of NEM Entities before and after Symbol mainnet launch on Monday 15 March 2021.

VibePay Continues the March to Bring Open Banking to Consumers

5 years 7 months ago
Payments

VibePay has today announced it is bringing together AISP and PISP, leveraging its ability to practically apply Open Banking technology and take it to consumers. VibePay users can now connect all of their bank accounts to the app, giving them the power to view all of their balances, transactions and make payments in one place, regardless of who they bank with.

HPD Lendscape Continues to Expand Team in Response to Growing Global Demand for Its Software

5 years 7 months ago
Lending

HPD Lendscape, a leading international secured lending platform vendor, today announces ambitious expansion plans for its global workforce, building on 12% growth in personnel in 2020.

Shopbox to Become a Publicly Traded Company

5 years 7 months ago
E-Commerce

After seeing colleagues going public, the Danish Fintech Shopbox considers making the same move. Shopbox expects extensive growth in its turnover, and the company is striving to become the dominant player in the payments market in a few years time. “We have the numbers to back it up,” says Christian Zigler, Co-founder and Chairman of the Board at Shopbox.

Wolters Kluwer FRR Triumphs in Industry Awards

5 years 7 months ago
RegTech, Compliance, Risk Management

Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has won four prestigious industry awards, based on evidence of ongoing excellence and innovation in the regulatory reporting and RegTech space.

FundGuard Closes $12 Million Series A Funding Round to Accelerate Growth of First AI-Powered Investment Management Enterprise SaaS Platform

5 years 7 months ago
Investment Management

FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round.

WSO2 Expands Global Customer Base and Revenues in 2020

5 years 7 months ago
Cloud

WSO2, the leader in digital transformation technology, today announced that 139 enterprises joined as new customers in 2020. Now some 550 of the world’s largest corporations, top universities, and governments rely on WSO2’s open source, cloud-native solutions to drive their digital initiatives—executing over 6.2 trillion transactions annually.