The majority of wealth managers are either dissatisfied with or indifferent to their current technology systems according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.

Quant, the blockchain for finance pioneer, has secured a new patent from the United States Patent and Trademark Office. The patent, titled ‘Blockchain Communications and Ordering’, recognises that Quant has invented a unique method for chronologically ordering transactions from different blockchains. 

Basware, a global leader in AP automation and invoice processing, has appointed Markus Hornburg as its Senior Vice President, Global Compliance. It strengthens the company’s compliance offering to help customers through upcoming e-invoicing requirements.

British Patient Capital announces today a £20m commitment to the third fund by Episode 1, a specialist early-stage technology investor. The £76m fund will back a new generation of B2B innovators at the pre-seed and seed stages, as well as deepen their reputation as an innovative early-stage investor.

Temenos today announced that Puerto Rico-headquartered Segura Bank International, Corp. (“SBI”) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high-earners in Latin America.

Kin, the pioneering digital, direct-to-consumer home insurance company, today announced the closing of $15 million in financing from new investor 

AffiniPay, a leading provider of professional technology solutions, announced today the launch of next-generation In-Person-Payment options for professionals.

Tookitaki, a trusted leader in the financial crime space, announced the rebranding of its flagship Anti Money Laundering Suite (AMLS) to FinCense. This strategic move is aimed at better representing the enhanced capabilities of its compliance platform, which now seamlessly addresses both fraud and AML risks.

BNY Mellon and Microsoft are joining forces to transform capital markets and the broader financial services industry. Using Microsoft Azure cloud and BNY Mellon's extensive financial data and analytics capabilities the platform will provide BNY Mellon's buy side and sell side clients with a leading data management solution.

Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, and Binah.ai, the number one health and wellness check software provider, today announced a partnership to empower more insurance companies worldwide to use client-provided health data for improved risk management and value-added services at reduced costs.