Tagged: digital transformation

July 28, 2022 @ 7:56 am By Omar Faridi  |  

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced $20 million in new investments from Bank of America, BNY Mellon and Citi. These strategic investments “follow the firm’s $200 million Series C funding announced in February.” Stephen Murphy, CEO of Genesis,… Read More

July 27, 2022 @ 8:27 am By Omar Faridi  |  

Santander Corporate and Investment Banking (Santander CIB) and SAP Spain reached an strategic partnership with the aim “to boost digitalization across Global Transaction Banking services by co-innovating in solutions around the concept of invisible banking, improving client-to-bank connectivity, providing financial tools to help its clients… Read More

July 23, 2022 @ 11:17 am By Omar Faridi  |  

Arvest Bank, a community bank with over $26 billion in assets, announced a five-year partnership with Google Cloud to “enable and accelerate its multi-year digital transformation strategy.” The announcement “follows the bank’s partnership with technology leader Thought Machine, and comes on the heels of its… Read More

July 22, 2022 @ 4:31 pm By Omar Faridi  |  

FinTech North is announcing a partnership with digital sandbox provider NayaOne, which will see the two organizations build a marketplace for Northern Fintechs “to showcase their capabilities, access datasets and test ideas.” The platform, which is set to launch this summer, will “provide an exclusive… Read More

July 22, 2022 @ 8:44 am By Omar Faridi  |  

InvestCloud, which claims to be the international leader in digital transformation for the financial industry, recently announced that it is supporting Rabobank, one of the Netherlands’ largest banks, in order “to provide digital financial planning for all its customers, from private banking to retail clients.”… Read More

July 21, 2022 @ 12:49 pm By Omar Faridi  |  

Residently has secured £4.5 million of funding to finally “bring renting into the modern age.” By digitizing the end-to-end customer experience in a $2 trillion market, Residently will “streamline operations for property owners and renters, reducing costs and delays throughout the full 360 rental experience.”… Read More

July 18, 2022 @ 10:40 pm By Omar Faridi  |  

TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions, recently announced that it has served over 20 million customers in debt with “a digital-first experience.” TrueAccord’s customer-centric approach and commitment to creating a positive consumer experience is “reflected in its 4.7 Google… Read More

July 17, 2022 @ 4:16 pm By Omar Faridi  |  

Mandala, which claims to be a “unique” Metaverse experience that promotes the intersection of technology, spirituality, sustainability and entertainment, is teaming up with Immutable X’s Layer 2 scaling solution on Ethereum “to build a multi-platform interoperable metaverse, leveraging NFTs to combine gripping storytelling with immersive… Read More

July 15, 2022 @ 5:06 pm By Omar Faridi  |  

Moxo, which claims to be the industry’s “leading” client interaction workflow solution, has announced a partnership with Kasisto, creators of KAI, the financial services digital experience platform, “to offer digital assistant capabilities within Moxo’s OneStop Client Interaction Hub.” The integration will allow financial institutions “to… Read More

July 15, 2022 @ 2:59 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More

July 14, 2022 @ 5:07 pm By Omar Faridi  |  

Sygnum has strengthened its core tech leadership team and digital transformation capabilities with the addition of key executives to its Board of Directors, Fernando Luis Vázquez Cao, CEO of SBI Digital Asset Holdings, and Al-Noor Ramji, Tata Motors board member and former Prudential Chief Digital… Read More

July 13, 2022 @ 8:53 am By Omar Faridi  |  

Switzerland-based SIX Digital Exchange (SDX), which claims to be the “first” fully regulated digital asset exchange and Central Securities Depository (CSD), working in partnership with F10, an international Fintech and Insurtech Innovation Ecosystem and Aequitec, a digital share register and cap table firm, recently announced… Read More

July 12, 2022 @ 8:17 pm By Omar Faridi  |  

Ancileo, a Singapore-headquartered software as a service (SaaS) solution provider for the insurance sector, recently revealed that it acquired $3 million in seed funding from Fermion. As noted by Ancileo’s management, it will be able to gain access to around 230 banking institutions and 150… Read More

July 8, 2022 @ 7:17 pm By Omar Faridi  |  

FSS Technologies Singapore Pte Ltd., a provider of banking and payment tech solutions, announced a partnership with ACLEDA Bank, Cambodia’s largest commercial bank, in a multi-product deal “to consolidate and digitally transform its nation-wide merchant operations and automate its terminal monitoring, reconciliation and settlement processes.”… Read More

July 1, 2022 @ 12:14 pm By Omar Faridi  |  

Thrive, a provider of cybersecurity and digital transformation managed services, announced  that it has acquired Connecticut-based Edge Technology Group, a global technology advisory and fully-managed IT service provider for alternative investment managers. The acquisition of Edge Technology Group “adds new global offices and data centers… Read More

June 29, 2022 @ 7:54 am By Omar Faridi  |  

Taavet Hinrikus, the Co-founder of Fintech firm Wise, has launched Plural, a €250 million (appr. £216 million) investment platform aimed at supporting a new generation of technology startups and digital entrepreneurs. Other founders of the Group reportedly include Songkick businessman Ian Hogarth, tech investor Khaled… Read More

June 26, 2022 @ 3:15 pm By Omar Faridi  |  

Glia, the provider of Digital Customer Service, has acquired Finn AI, the AI-powered chatbot platform for banks and credit unions. The deal aims to mainstream virtual assistants for financial services companies “by making Finn AI’s proven conversational AI solutions an integral part of Glia’s …… Read More

June 23, 2022 @ 8:02 am By Omar Faridi  |  

Citi (NYSE: C) announced that it has selected METACO to develop and pilot digital asset custody capabilities. This collaboration “brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store and settle digital assets seamlessly… Read More

June 21, 2022 @ 6:18 pm By Omar Faridi  |  

Pure IT Credit Union Services, a technology CUSO, has received a $6.8 million investment from several credit unions and credit union service organizations (CUSO). These organizations decided to invest in Pure IT as an established partner to further the alignment of IT resources with financial… Read More

June 21, 2022 @ 12:37 am By Omar Faridi  |  

The phenomenon of digitalization is becoming a vital part of our daily life, according to an update from October. So, considering digitalization in European SMEs, the team at October looks into where we currently stand. While new digital solutions are increasingly being used in the… Read More