A Brief Summary

The global financial crisis highlighted the need for sound and comprehensive risk governance. Ever since, the risk landscape has undergone many significant changes. While many of these measures have been new financial regulations designed to avoid another crisis, the difficulty of keeping pace with these changes as well as technological advancements have created new risks.

What do the terms efficiency, transparency and respect mean in RegTech? That’s what the latest episode of the RegTech 20:20 podcast, from Encompass, asks.

Brief Summary

Path Solutions’ Internet Banking solution is an intuitive, interactive, modern, and fully responsive web-based application with customer-centric, simple, and easy to use digital banking services that meet retail, SME, and corporate banking needs. The solution enables banks to build and maintain a strong digital presence by providing a relevant, simplified, and personalized user experience designed around real-life customer journeys, allowing banks to decrease operational costs, increase profitability, and drive revenue and business growth.

Moneyfarm, Europe’s leading digital wealth manager, today reports steady year-on-year growth in revenues, up from £1.61 million in 2018 to £2.72 million in 2019, while pre-tax losses have fallen.

Bolstered by the financial backing from Allianz Asset Management and Poste Italiane in its latest series C funding round last year, Moneyfarm has invested heavily in its advice offering and has continued to expand its customer base through innovative partnerships and improvements to its digital platform.

Brief Summary

Path Solutions’ CRMPlus is a powerful unified, highly customizable, customer-focused platform based on Microsoft Dynamics 365. The solution empowers banks to provide frictionless Omnichannel customer experience, helping them to increase revenue, profitability, and customer loyalty.

Singapore Exchange (SGX) is collaborating with UK-based cryptocurrency market data provider CryptoCompare, to launch crypto indices under the SGX iEdge index suite, namely the iEdge Bitcoin Index and iEdge Ethereum Index, as the first batch of such indices.

Provider of cloud-based business software Deskera partners with Salt Edge, leader in offering open banking solutions, to automate financial data aggregation for its SME customers.

IDnow a leading provider of Identity Verification-as-a-Service solutions and Wirecard Communication Services GmbH announce the signing of an agreement for the acquisition of Wirecard Communication Services by IDnow. IDnow will retain the Leipzig location preserving the majority of the 150 employees.

additiv, a global SaaS provider to the wealth management industry, today announces the opening of a new office in Dubai as well as the appointment of a Managing Director for UAE, as it seeks to expand its footprint in the Middle East.

Temenos (SIX: TEMN), the banking software company, today announced that its cloud-native technology platform has gone live with Varo Bank, N.A. (“Varo”). Varo, the first consumer fintech granted a national bank charter in the US, is using Temenos Transact as its core banking technology.