Tagged: europe

August 28, 2022 @ 6:58 pm By Omar Faridi  |  

Fintech company DongPlus launched by Aventus Group in Vietnam in 2021 joins the PeerBerry platform. DongPlus will “offer PeerBerry investors to invest in short-term loans with a 12% annual return.” Vietnamese loans are “backed by a buyback and a group guarantee.” Arūnas Lekavičius, CEO of… Read More

August 27, 2022 @ 6:31 pm By Omar Faridi  |  

Infront AS has reportedly entered into an agreement for the acquisition of Assetmax AG. The acquisition represents a key milestone for Infront as the firm focuses on enhancing its product offering for wealth management clients across European markets. The transaction is expected to be finalized… Read More

August 27, 2022 @ 3:24 pm By Omar Faridi  |  

Fenergo, which claims to be the leading provider of digital solutions for client lifecycle management (CLM), released its half year annual findings on global financial institution enforcement actions which “show the total value of penalties have fallen by a quarter (25%).” In the first half… Read More

August 26, 2022 @ 8:48 am By Omar Faridi  |  

Nationwide Building Society has improved the process for new and existing members opening a savings account by now “allowing them to fund the account straight away as part of the application process.” Previously members would have to wait a few days “until the account was… Read More

August 26, 2022 @ 8:43 am By Omar Faridi  |  

Capital on Tap has secured a £200m funding facility with JP Morgan and Triple Point “to support UK small businesses.” The funding will help small businesses “access credit at a time when the UK is anticipating a recession and facing historic inflation rates.” Launched in… Read More

August 26, 2022 @ 8:39 am By Omar Faridi  |  

Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology, and market infrastructure, announced that it plans “to launch options on UK Carbon Emission Allowances (UKA Options) on October 10, 2022, subject to regulatory approval.” Gordon Bennett, Managing Director of Utility Markets at ICE,… Read More

August 25, 2022 @ 11:01 pm By Omar Faridi  |  

LianLian Global, a global cross-border payments service provider, and London-based lendtech Uncapped have announced a strategic partnership “to provide ecommerce entrepreneurs and online merchants in the US and UK with access to fast and flexible financing to grow their business through the LianLian Global platform.”… Read More

August 25, 2022 @ 8:56 am By Omar Faridi  |  

Transact365, a UK-based global payments platform powering merchants across the globe, has partnered with digital asset exchange FINECTUM. The partnership means that merchants using Transact365’s payments platform “can now accept and process crypto payments, including BTC, LTC, USDTE, USDTT, ETH and more, across five continents.”… Read More

August 24, 2022 @ 11:29 pm By Omar Faridi  |  

SEB (Skandinaviska Enskilda Banken AB) is recruiting Nicklas Lundh, from the Swedish Police, and Ravi Shankar Sharma, Head of Intelligence Development, Investigations and Analytics at Nordea, to jointly “lead a new Financial Intelligence unit within SEB’s Financial Crime Prevention unit (FCP).” Nicklas Lundh and Ravi… Read More

August 24, 2022 @ 8:45 am By Omar Faridi  |  

London-based Fintech Unlimint announced the launch of its Banking as a Service (BaaS) product, Unlimint Banking and Cards (UBC),”a one-stop payment accounts and card issuing and processing solution.” The new offering “allows companies globally to launch and embed digital payment products for their customers based… Read More

August 23, 2022 @ 11:19 pm By Omar Faridi  |  

Liquidnet, a technology-driven agency execution specialist, recently announced the appointment of Nichola Hunter as the firm’s Global Head of Sales for Fixed Income. In fast-evolving markets, Hunter will be tasked with growing customer relationships through the delivery of tailored and innovative solutions. Based in London,… Read More

August 23, 2022 @ 11:02 am By Omar Faridi  |  

We recently caught up with Huw Davies, Chief Commercial Officer, Ozone API, which has been involved in the development of Open Banking from the very beginning. Ozone API started by developing the sandbox and reference implementation for the UK Open Banking Implementation Entity (OBIE) –… Read More

August 23, 2022 @ 9:55 am By JD Alois  |  

Open Banking provider Plaid is continuing to expand its services around the world – focusing for now on Europe. According to a note from the company, Plaid is now live in 8 markets, having recently added Spain and Poland and offering data connectivity in Germany…. Read More

August 23, 2022 @ 8:42 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has fined Citigroup Global Markets Limited £12,553,800 “for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements relating to the detection of market abuse.” By failing to properly implement the MAR trade surveillance requirements, Citigroup Global… Read More

August 23, 2022 @ 8:37 am By Omar Faridi  |  

Beginning on August 22, 2022, everyone in the United Kingdom can reportedly use Atlantic Money in order to transfer from Euro to 9 different currencies across the globe. This means in addition to international transfers from British Pounds, customers can also transfer Euros – “for… Read More

August 23, 2022 @ 7:07 am By Omar Faridi  |  

Appital, the equity capital markets technology solution, and Turquoise, the pan-European MTF, majority owned by London Stock Exchange Group, “have launched Appital Turquoise BookBuilder.” This is reportedly the first buy-side to buy-side book building platform “to give institutional investors the opportunity to proactively source liquidity.”… Read More

August 22, 2022 @ 8:43 am By Omar Faridi  |  

The past 12 months have seen phishing attacks rise 29% globally to reach a new record of 873.9M attacks, with the highest uptake of over 400% in the retail and wholesale industries, according to the 2022 ThreatLabz Phishing Report by ZscalerTM. The United States, Singapore,… Read More

August 22, 2022 @ 1:07 am By Omar Faridi  |  

Vyzer, an Israeli-based Fintech consumer-focused startup, joined forces with Salt Edge, a key player in offering open banking solutions, “to enable high net worth investors to instantly connect and sync their European bank accounts, offering a comprehensive analysis of investment performance and fully digital cashflow… Read More

August 21, 2022 @ 10:51 pm By Omar Faridi  |  

EstateGuru notes that summer is in full swing, which is also evident in their loan volumes. During July 2022, their investors financed €11.8M worth of loans “with Estonia contributing the most with €4.0M, followed by Latvia (€2.3M) and Lithuania (€2.2M).” EstateGuru further noted that they… Read More

August 21, 2022 @ 9:39 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for large businesses, is pleased to announce “the launch of its first in-house designed terminals.” Innovated to facilitate diverse payment use cases, the terminal range “marks the latest step forward in Adyen’s growing unified commerce… Read More