02/14/2023
Understand ransomware payment risks before incidents happen, says expert
Businesses can apply to the OFSI for a licence that enables them to undertake activity that would otherwise constitute a breach of financial sanctions.
FinTech
02/14/2023
Omnio completes €9 million equity funding round
Omnio supports other financial institutions and non-regulated enterprises with its Banking-as-a-Service model, which manages the complexity of offering retail financial products for leading consumer brands and financial institutions.
02/14/2023
NatWest pays £144mn for stake in savings fintech Cushon
Cushon’s main products include a workplace ISA, master trust pension, and junior and lifetime ISAs as well as a general investment account.
02/10/2023
Meet the winners of Deltek’s Global Partner of the Year Awards
In its annual ‘Global Partner of the Year Awards’, Deltek recognises its partners – accounting firms, consulting firms, systems integrators, software specialists and more – that have provided outstanding accomplishments to both Del
02/10/2023
German DekaBank plans to launch tokenization platform by 2024
DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks.
02/09/2023
SNB Capital Begins Saudi Securities Lending Journey with Broadridge
Global markets are increasingly complex with greater numbers of potential revenue streams across the business.
02/09/2023
Leeds Building Society partners with FinTech North
Leeds Building Society operates to ensure that more people have the home they want
02/08/2023
Digital pound strengthens case for Bitcoin and crypto
The central bank digital currency (CBDC) would use blockchain technology currently used by cryptocurrencies to record transfers on a central digital ledger.
02/08/2023
Iress powers pricing and trading data APIs for Centroid Solutions
The collaboration means Centroid’s online broker clients can gain real-time market data from global markets, integrated into their trading platforms in a fast, efficient and cost-effective way, via Iress.
02/08/2023
Robo adviser Exo Investing shuttered after Abrdn scraps acquisition plan
Just six months since Abrdn said it would not acquire Exo Investing, and instead make an investment into its parent company Nucoro, the platform is set to close.
02/08/2023
FNZ to acquire ifsam to strengthen global client proposition for asset managers and distributors
Ifsam serves as a leading business-to-business (B2B) fund platform that supports the efficient trading of funds, leveraging its direct relationships with around 300 fund management companies
02/08/2023
Mazepay raises €4m to simplify B2B payments
It has developed SaaS technology that automates B2B financial transactions making them as simple and seamless as possible.
02/07/2023
UK kicks off consultation on digital pound
The central bank in December sought applications for a five month project to build a prototype wallet for a future digital pound.
02/07/2023
Cryptoasset firms marketing to UK consumers must get ready for financial promotions regime
This regime will apply to all firms marketing cryptoassets to UK consumers regardless of whether the firm is based overseas or what technology is used to make the promotion.
02/07/2023
UK to design ‘digital pound’ that could fend off future private tech rival
Central bank virtual currency under BoE and Treasury could supplant cash by end of decade
02/07/2023
EBA clarifies the application of strong customer authentication requirements to digital wallets
They also clarify the requirements applicable to the outsourcing of the application of SCA to digital wallet providers.
02/07/2023
Manchester tech companies raised £500m+ in 2022 to take top Northern spot
Manchester produced eight ‘futurecorns’ and six unicorns last year across the tech sector.
02/06/2023
BBVA ports investment banking platform to AWS
BBVA says the pay-per-use platform will significantly reduce service costs.
02/06/2023
SBF-Owned Emergent Fidelity Technologies Filed for Bankruptcy
The only other sizable asset owned by Emergent Fidelity Technologies was US$ 20.7 million in cash.
02/03/2023
Sustainable smartphones firm Fairphone attracts €49m from impact investors
The funding came from an investor consortium led by Invest-NL, ABN Amro Sustainable Impact Fund and Quadia and will help the Dutch company to expand its business, finance product development and scale up impact