Temenos, the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast as its nearest competitor. It received 150,000 new sign-ups in one week with peaks of 30,000 new customers per day.
 

Yapily announces it has signed an agreement with SCHUFA to acquire finAPI, the leading provider of open banking solutions in Germany.

By partnering with the London Stock Exchange, TreasurySpring can now offer investment corporations a unique opportunity to access short-term sustainable funding from its fast-growing client base of 100+ cash rich investors.

 Today Finastra announces the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS) to enable banks and financial institutions to access FMS in the AWS cloud. FMS being available in the AWS cloud has already demonstrated its benefits, helping a large multi-national U.S. bank on the West Coast roll out its lending solution.

SME funding provider Accelerated Payments today announced the appointment of Steven Conrad as Vice President of Business Development for North America.  Conrad brings over 20 years of experience to the role and will be instrumental in managing the regional growth of the company. He will be based out of Toronto.  

New Partnership Steps Up Cyber Resilience for Critical Systems

Kroll, the leading provider of data, technology and insights related to risk, governance and growth, today announced its partnership with Armis, to expand Kroll’s cyber preparedness and response services for operational technology (OT) and industrial control systems (ICS) to secure clients far beyond the traditional endpoint.

HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies (HCL), a leading global technology company, has signed a definitive agreement for the acquisition of Confinale AG, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Through this strategic acquisition, HCL will increase its footprint in the global wealth management market with emphasis on Avaloq consulting, implementation and management capabilities.

Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans

Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans