Deutsche Bank, UBS asset management merger can create ‘European champion’
DWS has assets worth $662 billion under management and UBS $700 billion...
Category : Finance
Ad hoc requests from regulators to force financial firms to implement right data strategies
A report says that there will be 373 new legislative initiatives targeting financial firms in Europe and the North America by 2021...
InstaReM partners with First Data for digital payments and card issuance
The partnership, combining InstaReM’s digital payments and remittance solution with First Data’s debit processing solution, delivers a powerful proposition for businesses like corporates and fintechs with a need to issue cards to employees, vendors, or consumers...
Litigation funding to double in five years
Litigation funding takes place when a third party, with no direct interest in the proceedings, finances the cost of litigation in return for a share of the claim proceeds if the litigation is successful...
Up to three million self-employed workers neglect building pension
Study finds the number opting to avoid pension scheme payments has risen 12% in a single year, as the Taylor Review calls for a new auto-enrollment option for self-employed workers...
Sage hits $1 million fundraising for grassroots charities around the world
Celebrating the achievement at the Sage Reading Half Marathon, CEO Steve Hare announced plans to double the target...
EBA Clearing’s RT1 expands presence in Germany
The real-time payments system RT1 has welcomed three additional major German payment market players—Deutsche Bank, DZ BANK and Commerzbank—since November 2018...
Creditinfo Group expands Middle Eastern presence with new regional office
Following a recent strategic partnership with the Central Bank of Oman and the creation of the Oman Credit Bureau, Creditinfo continues its commitment to increasing financial inclusion, through further investment into the Middle East to support the national economy...
Adyen launches new payment method powered by open banking
Payments powered by open banking also offer real-time credit transfers, guaranteeing the payment and enabling merchants to ship the product immediately—something that was previously impossible with traditional direct debits...
iwoca raises £150mn in equity and debt capital
iwoca’s most recent fundraising included a Series D equity round led by Augmentum Fintech, the specialist fintech venture capital investor...