Professional Wealth Management, a publication of the Financial Times, will be hosting the Innovation in Wealth Management Summit on 8 June 2023, at Glaziers Hall in London.

The Summit will discuss the need for digital literacy among wealth managers, investors and technology experts. Topics will include emerging technologies, from crypto and cleantech to machine learning.

Vienna-based IXOLIT Group and its subsidiary IXOPAY have been merged to form a single company, IXOPAY. Daily operations and the ownership structure of IXOPAY will remain unaffected, and there will be no changes to the teams working on IXOPAY. The goal is to simplify operations and eliminate administrative overheads while maximizing the potential of the IXOPAY platform.

Clearpay, a leader in Buy Now, Pay Later (BNPL), has announced partnerships with household and garden retailer wilko, parenting favourite Online4Baby and one of Europe’s fastest-growing ecommerce businesses OnBuy - allowing these retailers to offer online customers more flexible payment options.

Avivatech LLC, an innovative software business specializing in cash and check automation solutions for branch banking and retail payment environments, today announced the availability of the CashWare Advisor^® dashboard, reporting and analytics solution, an appli

Trulioo, a leading global identity verification platform, announced the appointment of Erika Rottenberg to its board of directors. Rottenberg brings extensive technology and business expertise to the Trulioo board and reinforces the company’s position as the platform global businesses turn to for growth, innovation and compliance.

Continued inflation, rising interest rates and the ensuing cost-of-living crisis will inevitably lead to increasing numbers of customers falling into arrears. Lenders will face the dual pressures of increasing provisions on the balance sheet and the rising operational expense of supporting their customers through this period.

Moss, the award-winning software solution for holistic expense management, is today announcing a new partnership with Deutsche Bank. The development comes after Moss was granted a European E-Money Institute (EMI) license last year by one of the EU’s most rigorous financial regulators, BaFin.

Tipalti, the leading global payables automation platform, announced today it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. Coming on the heels of a $270 million Series F in 2021 that brought the company’s total funding to over $550 million, this latest raise will enable Tipalti to further invest in product innovation and supporting its customers.

Zip, the world’s only intake-to-pay platform, today announced its $100 million Series C funding round at a $1.5 billion post-money valuation, with investment from Y Combinator, CRV and Tiger Global.

TS Imagine, the leading global, cross-asset class provider of trading, portfolio, and risk management solutions for financial institutions, today announces the appointment of Simarjit (Sim) Johal to Head of Asia Pacific (APAC), reporting to Rob Flatley, Chief Executive Officer. Sim will join TS Imagine’s Executive Leadership Committee and relocate to Hong Kong when he assumes the role in September 2023.