Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services.

The solution addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines complex data and reconciliation processes for both the bank and its clients.

ShieldIOT, a leading Internet of Things (IoT) cybersecurity software company, today announced that it had raised $3.6M in a Series Seed funding round.

The round was led by innogy Innovation Hub, the accelerator and venture capital arm of innogy SE, a leading German energy company. The round was joined by additional new and existing investors including Janvest Capital Partners, Danmar Capital, Minvest and private investors.

RBR’s industry-leading Branch Transformation 2019 conference and expo returns to London on 19^th and 20^th November for its tenth edition, offering an opportunity to learn from some of the world’s most innovative banks

Santander, Citibank, ING, Lloyds Banking Group, BNP Paribas and Sberbank will be among the institutions sharing their insights and expertise with delegates at the Branch Transformation 2019 conference in London this autumn.

How can the branch continue to serve customers – and banks?

Visma Connect, the leading Dutch critical payments services provider and FICO have launched a partnership to jointly deliver FICO’s best-in-class Anti-Financial Crime solutions for Know Your Customer (KYC), anti-money laundering (AML) and real-time sanctions screening to banks, FinTechs, payment institutions, PSD2 third-party providers and corporations. 

Feedzai has announced the availability of AI-powered Case Manager, a major upgrade that revolutionizes the way analysts and investigators review cases and alerts. By bringing the power of AI into Case Manager, Feedzai boosts the efficiency of financial crime prevention, while simultaneously improving the accuracy of detection.

Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, today announced a partnership with AccessPay, significantly enhancing its market-leading Clareti Multi-Bank cloud-based solution with connectivity to AccessPay’s enterprise-to-bank integration platform.

Juvo, a pioneer of financial identities for the underbanked, today unveils Financial Identity as a Service (FiDaaS). FiDaaS is a technology suite that builds financial identities by utilizing alternative data sources, along with incremental data generated from direct-to-consumer lending.

Swedish open banking platform Tink today announces a new partnership with Portugal’s leading bank, Caixa Geral de Depósitos (CGD).

CGD has integrated Tink’s products, with Aggregation, Payment Initiation, Data Enrichment and Personal Finance Management (PFM), in its newly-launched app — DABOX. DABOX is being launched to CGD’s 4 million strong customer base, and Tink’s platform will underpin the app to enable the bank’s customers to make smarter financial decisions.

As the global race for Artificial Intelligence (AI) leadership intensifies, India has begun to catch up with countries like United Arab Emirates, South Korea, the United States, Germany, Singapore and Japan in the mainstream adoption of AI-based technologies. The Indian BFSI & NBFC sectors are undergoing a dramatic change with the growing realization of AI’s importance among business leaders and have put them at the forefront of exploring the full enterprise potential of AI use-cases for their businesses.