Tagged: europe

December 27, 2023 @ 8:56 am By Omar Faridi  |  

Bitcoin Suisse, which claims to be the “trusted” Swiss crypto investment partner, today announced the release of a suite of robust Application Programming Interfaces (APIs). These APIs provide access “to trading and staking services, enabling institutional clients to use and create customized crypto offerings, simplify… Read More

December 27, 2023 @ 6:21 am By Omar Faridi  |  

Accenture (NYSE: ACN) has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus “on helping Italian public service organizations build… Read More

December 26, 2023 @ 11:11 am By Omar Faridi  |  

Tuum is pleased to announce that Foke Burmeister has joined as the new Sales Director for the DACH (Germany, Austria, and Switzerland) and CEE (Central and Eastern Europe) regions. With an extensive track record in core banking and payments at EY and Accenture, Foke is… Read More

December 24, 2023 @ 7:58 pm By Omar Faridi  |  

TaxBit, the provider of compliance solutions for digital assets, announced the launch of its CESOP Compliance Platform, catering to crypto exchanges operating in the EU. This solution addresses the upcoming CESOP compliance requirements set “to commence in Q1 2024, underscoring TaxBit‘s dedication to upholding tax… Read More

December 23, 2023 @ 5:11 pm By Omar Faridi  |  

ABN AMRO is reportedly investing in SET Fund IV, a fund focused on data and digital technology companies that help accelerate the energy transition to a zero-carbon society. As noted in a blog post, the fund is managed by SET Ventures, an investment company “that… Read More

December 23, 2023 @ 11:16 am By Omar Faridi  |  

Bondora reveals that November showed signs of slightly less activity for loan originations. Bondora noted that Finland remains “the most robust loan market, with over €10M in loan originations in November alone.” Due to strategic risk policy changes, “the Spanish market is also temporarily closed… Read More

December 23, 2023 @ 11:09 am By Omar Faridi  |  

Rabobank is pleased to announce that Carlo van Kemenade will join the Managing Board as Director of Retail Netherlands “as of 1 April 2024.” As a member of the Managing Board, he will be “responsible for the entire Retail domain in the Netherlands for a… Read More

December 23, 2023 @ 3:24 am By Omar Faridi  |  

Lloyds Bank has continued to strengthen its support for corporate businesses “across the North West by further investing in its Corporate and Institutional Banking team in the region.” The Manchester-based team, which “provides strategic funding solutions across both corporate and private equity backed businesses, has… Read More

December 22, 2023 @ 11:30 am By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced receipt of a conditional registration as “a Digital Asset Service Provider (‘DASP’, or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the French Financial Markets Authority (‘Autorité des Marchés… Read More

December 22, 2023 @ 10:27 am By Omar Faridi  |  

Amdax‘s vault is reportedly among the first crypto service providers in the EU to achieve the  ISAE-3000 Type-1 audit, conducted by accountancy firm Grant Thornton and assisted by Big-Four consultancy firm Deloitte. Amdax, the crypto-asset custodian and asset manager, is confirming that it is “the… Read More

December 22, 2023 @ 6:17 am By Omar Faridi  |  

Leonteq AG (SIX: LEON) has reportedly acquired a 10% stake in the Swiss stock exchange BX Swiss. Leonteq thus becomes a shareholder of BX Swiss and “expands its ecosystem with an important player in the Swiss financial market.” With the acquisition of a 10% stake… Read More

December 21, 2023 @ 12:15 pm By Omar Faridi  |  

iCapital, a global fintech platform enabling access to alternative investments for the wealth management industry, has partnered with investor services group IQ-EQ to establish a new series of French domiciled funds, which will “increase access for individual investors resident in France to global alternative investment… Read More

December 21, 2023 @ 8:06 am By Omar Faridi  |  

Over a quarter (27%) of British small and medium-sized businesses have “admitted to being owed between £5,000 and £20,000 in unpaid invoices” according to research by Payit, NatWest’s open banking payments solution. The impact of late payments has been felt “across the country, with SMEs… Read More

December 21, 2023 @ 7:37 am By Omar Faridi  |  

Yonder, the modern rewards credit card, has extended its relationship with GoCardless, the bank payment company, by “adding Variable Recurring Payments (VRPs) alongside the Direct Debit functionality it uses already.” Via GoCardless’ Instant Bank Pay, Yonder cardholders, or ‘members’, can now use VRPs to instantly… Read More

December 21, 2023 @ 7:11 am By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that the Central Bank of Ireland (CBI) has added its Irish subsidiary Ripple Markets Ireland Limited to its list of registered Virtual Asset Service Providers (VASPs). The decision will support Ripple’s business since, “as a… Read More

December 21, 2023 @ 5:07 am By Omar Faridi  |  

Virgin Money has announced the launch of a new pension offering, enhancing its digital platform and further extending its partnership with FNZ. The digital investment solution was initially “launched in April 2023, and aimed to make investments more accessible, straightforward and transparent for UK retail… Read More

December 21, 2023 @ 2:25 am By Omar Faridi  |  

Digital bank Revolut is reportedly expecting to make $1.9 billion in revenue for 2023, almost twice the $1 billion it made in the last 12 months. This, according to an update from Bloomberg. The Fintech firm’s monthly revenue has averaged around $158 million during H1… Read More

December 21, 2023 @ 1:50 am By Omar Faridi  |  

Updraft, a UK-based consumer lending fintech has announced the closing of a £250M forward flow arrangement with Jefferies and Santander Corporate and Investment Banking, allowing the business to build on its mission “to help UK households move away from expensive credit cards and overdrafts.” The… Read More

December 20, 2023 @ 2:08 pm By Omar Faridi  |  

On December 4th 2023, SIX introduced a novel service extension to its Exchange Traded Funds (ETF) franchise, called Quote-on-Demand Europe (QOD Europe). In addition to over 1,700 tradable products listed at SIX Swiss Exchange, clients are now able to trade ETFs listed “on other primary… Read More

December 20, 2023 @ 11:12 am By Omar Faridi  |  

In the 2023 edition of its report on corporate governance and executive compensation in listed companies, the Autorite des Marches Financiers (AMF) reviews “the regulatory developments of recent months and assesses the quality of the information published.” The AMF makes recommendations to “improve the information… Read More