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Alphera gives supercar specialist a financial boost
Tuesday, 27 June 2017
The award-winning independent finance provider, ALPHERA Financial Services, has helped supercar specialist, Vanrooyen Elite Prestige Supercars, expand its operations, with a brand-new Chester site now capable of housing 150 cars. This has been made possible thanks to a cash injection from Alphera and other partners.
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MLD4; smaller firms risk nasty shocks from the regulator
Tuesday, 27 June 2017
Today is the implementation date for the fourth EU Money Laundering Directive (MLD4); time to see if preparations are up to scratch or whether a flurry of FCA fines will be issued. John Marsden, Head of ID and Fraud at Equifax comments:  “The rise in high profile fines for failing to maintain money laundering defences proves that this issue is a key regulatory priority. Financial penalties for big players have pushed other industry giants to get their anti-money laundering procedures in shape. Aware that they’ll be in the FCA’s firing line, many big financial institutions will be ready to face a regulatory assessment of their MLD4 compliance processes.
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Organisations set sights on affordability and unstructured data
Tuesday, 27 June 2017
A large majority of risk leaders (86%) are eyeing high-quality affordability data as an opportunity to improve overall customer experience.
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Meniga deploys new CLO with Islandsbanki
Tuesday, 27 June 2017
Today at Money2020, Meniga announces that Íslandsbanki, one of Iceland’s leading banks, has deployed Meniga’s Card Linked Offer (CLO) program to provide their digital banking customers with personalized and relevant discounts from local merchants.
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PayU Launches PayU Hub: accessing 2.3 billion potential new customers
Tuesday, 27 June 2017
PayU, the global online payment service provider, today announces the launch of its PayU Hub platform. PayU Hub, which conforms to API design principles, aims to use technology to solve the cross-border commerce challenges currently facing merchants looking to grow and scale in high growth markets.
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Finastra to support Banco de Mexico with FusionRisk as it safeguards the country’s financial syste
Tuesday, 27 June 2017
Mexico’s central bank, Banco de Mexico, has selected Finastra to transform its legacy risk management platform. The central bank expects to deploy FusionRisk with the goal of enabling faster, more sophisticated risk analysis as ever-changing and volatile markets add new layers of complexity to effective risk management for Mexico’s financial system.
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Commenting on the anniversary of Brexit and Sterling's devaluation
Friday, 23 June 2017
Commenting on the anniversary of Brexit, Graham Bishop, Investment Director at Heartwood Investment Management, said: “Sterling’s devaluation in response to the shock UK referendum result has been the most significant market event in recent years. It has yet to materially recover from its post-referendum low and now remains vulnerable to even more political and economic uncertainty. However, this year’s General Election result seems, at least, to have mollified some of the UK Government’s hard Brexit rhetoric, which has shifted to being more pragmatic and conciliatory. Uncertain domestic politics, economic cloudiness and more ambiguities around Bank of England policy lead us to maintain an underweight allocation to UK assets.” 
 
On the anniversary of the historic Brexit vote - Comment
Friday, 23 June 2017
Commenting on the anniversary of Brexit and the vote’s impact on the real estate sector, Emmanuel Lumineau, CEO at BrickVest, said: “In the last 12 months we’ve doubled our investor base across Europe, which now represents more than €10 billion in AUM. We have seen increased investor interest from the UK, continental Europe and the US for both EU and UK commercial real estate investment opportunities. At the same time, our deal sponsor base doubled, which shows that the complexity and volatility induced by Brexit has become a major concern for both investors and sponsors, and thus an opportunity for an investment platform like BrickVest. 
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Amicus paves the way for high-profile Liverpool developments
Friday, 23 June 2017
Property firm Primesite Developments has enlisted specialist finance company Amicus to enable the advancement of its two flagship Liverpool projects, The Rise & Strand Plaza. The two residential developments are set to be two of the most sought-after schemes in the city.   
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UL’s EMV Personalization Validation Tool receives Discover® Global Network qualification
Thursday, 22 June 2017
UL is pleased to announce that its EMV Personalization Validation Tool has received a qualification by Discover® Global Network to test personalization validation of Discover and Diners Club chip cards.
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IFRS 9 Solutions: FICO named a category leader by Chartis
Thursday, 22 June 2017
Analytic software firm FICO today announced that it has been named a Category Leader in IFRS 9 solutions by research firm Chartis. The Chartis Research report IFRS 9 Technology Solutions: Market Update 2017 cites the steep challenges financial institutions face in meeting the accounting regulation, which will cause banks to hold more capital in the form of provisions against possible credit losses.
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