News Centre

UK Financial Conduct Authority Publishes The Swift Review Into The Supervisory Intervention On Interest Rate Hedging Products

Date 14/12/2021

The FCA has accepted recommendations made by John Swift QC, who was commissioned to review the design, implementation and operation of the redress scheme set up for customers who were missold interest rate hedging products (IRHPs) from 2001.

Deloitte And AccessFintech Announce New Strategic Alliance To Help Financial Institutions Digitally Transform

Date 14/12/2021

Deloitte and AccessFintech, a leading fintech company evolving the financial industry operating model through collaborative workflow, have formed a strategic alliance to assist large financial services organizations seeking to digitally transform their operations. 

Japan Financial Services Agency - Updated : International Financial Center Website

Date 14/12/2021

Japan is the third wealthiest economy and third largest pension market in the world. However, it has yet to perform at its full potential as a financial center. Over 18 trillion dollars of cash equivalent assets on household’s balance sheet is waiting to be mobilized by talented asset managers.

Zonda Appoints New Chief Technology Officer

Date 14/12/2021

Zonda, one of Europe’s largest cryptocurrency exchanges, is today announcing the appointment of Jakob Lundqvist as Chief Technology Officer (CTO); the company’s first senior hire since the company appointed a new CEO last month. Jakob will assume his new role from January 1, 2022.

Zelig Advises Troy On Strategic Investment From Transaction Capital

Date 14/12/2021

Wilshire Announces Blythe Masters As Chair Of New Digital Assets Advisory Group - Wilshire Digital Assets Advisory Group’s First Initiative: Develop A Standard Transparent Digital Asset Taxonomy System To Categorize The Top 1,000 Digital Asset Technologies By Market Capitalization

Date 14/12/2021

Wilshire, a global investment technology and advisory company, today announced the formation of the Wilshire Digital Asset Advisory Group (Advisory Group) with Blythe Masters, Founding Partner at Motive Partners and an expert in financial services, technology and digital assets, as Chair. The Advisory Group brings together the top digital asset practitioners in the world to capture their collective perspectives and insights. A crucial next step is to deliver an industry standard Digital Assets Taxonomy System (DATS).

Tokenise Reveals Plans To Launch Regulated Stock Exchange For Security Tokens - Tokenise Opens Waitlist For Early Access To Tokenised Fractional Ownership And Royalties

Date 14/12/2021

Tokenise, set to become among the world’s first stock exchanges for tokenised securities, will launch in Q1, 2022. From today, the public can join the Tokenise community and register for an account to become one of the first to own a piece (or token) of an iconic asset.

Worldline And Bexs Pay Announce Partnership For Cross-Border Remittance In Brazil To Bolster Online Payments - Card-Not-Present Transactions Hit $48.5 Billion In The First Half Of 2021 In Brazil, Where Internet Penetration Rate Rockets To 82.7%

Date 14/12/2021

Worldline [Euronext: WLN], a global leader in the payments and transactional services industry, is partnering with Bexs Pay, a leading Brazil-based payment provider, to launch a cross-border remittance product for online payments from Brazil, South America’s most vibrant economy. The product combines Bexs Pay’s wide range of payment methods with Worldline’s ability to process payments without the need for a local entity, making it a powerful solution for international online businesses.

Dr. Hönle AG: BaFin Imposes Administrative Fine

Date 14/12/2021

On 6 December 2021, BaFin imposed an administrative fine amounting to 156,000 euros on Dr. Hönle AG.

Malaysia’s KAF To Launch Digital Lending On The Temenos Banking Cloud - Temenos Enables KAF To Offer Conventional And Islamic Financing On A Single Platform And Extend To Full Digital Banking In The Future

Date 14/12/2021

Temenos (SIX: TEMN), the banking software company, today announced that KAF, a well-diversified financial services conglomerate in Malaysia, has selected the Temenos Banking Cloud to launch a digital lending business. KAF will use Temenos Banking Services for retail loans and Islamic financing delivered on the Temenos Banking Cloud to offer conventional and Islamic products.