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Digital business account Qonto opens in Germany

Qonto, a neo-bank for business accounts that was launched in France two years ago, has expanded to Germany, following previous openings in Italy and Spain. Qonto was the recipient of the first investment by Peter Thiel's Valar Ventures in France...

Standard Chartered enhances cross-border payment experience

Standard Chartered has launched SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments cleared through the bank’s major clearing centres to its clients, as well as its corporate and retail clients. As part...

BNP Paribas Securities extends Temenos contract

BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor until 2028. Temenos’ software platform and integrated operating model will deliver localised accounting and reporting to underpin the management of BNP Paribas...

AssuredPartners snaps up Star & Shield Insurance in Florida

Insurance brokerage firm AssuredPartners has acquired Star & Shield Insurance Services to expand its presence in the US state of Florida. Based in Tallahassee, Florida, the acquired firm offers low-cost insurance for first responders, their families, friends, and neighbours. It...

OneConnect, SBI Holdings launch joint venture in Japan

The joint venture will provide cloud-based and AI technological services to regional banks in Japan. China-based fintech company OneConnect, a subsidiary of insurance group Ping An Insurance and Japanese financial service group SBI Holdings have announced the launch of...

ING spins out its advanced analytics portfolio tool into Katana Labs

ING Ventures will invest a further £1.5 million alongside other investors, as part of a £3 million funding round in Katana. ING has spun out Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper...

Blucora agrees to acquire HK Financial Services for $160m

Blucora expects the acquisition of HK Financial Services to add around $4.4bn to its total client assets, taking its total to over $72bn S-based tax-smart financial solutions provider Blucora signed an agreement to acquire HK Financial Services (HKFS), a privately-held...

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