UK payments firm Helixion is liquidated

It’s not only the end of the working week but the end of the line for Edinburgh-based payments firm Helixion. The company has gone into liquidation and intellectual property (IP) firm Metis Partners has been appointed to support the marketing and sale of its assets. On Metis’ website, it says the deadline for offers has […]

Top fintech stories this week – 24 March 2016

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! As it’s Easter holidays in the UK, this time it’s published on Thursday. Deutsche Bank reduces branch network in Germany Rise of digital banking drives change. Polymer notes pose £45m problem for UK cash machines Slippery when plastic. […]

Digital banking software vendor QTS goes bust

QTS, a UK-based digital banking systems provider, has gone bust. Based on Companies House data (the UK’s registrar of companies), QTS’s accounts are long overdue and it has entered liquidation. Yesterday (21 March), Companies House announced an “extraordinary resolution to wind up on 26 February 2016” and the appointment of a voluntary liquidator. Calls and […]