WealthOS, the cloud-native wealth management infrastructure platform provider, has announced the successful closure of its seed round led by Barclays Bank. In addition to Barclays, WealthOS also attracted investment from Main Set, part of international investment firm Capricorn Capital Partners UK.

The rate of climate change since the mid-20th century is unprecedented. This rate of change is even more rapid recently, with the decade between 2011-2020 being the hottest on record. However, as many of the world's largest banks meet at Money2020 in Europe this week, it is questionable whether banks are responding at the same necessary pace.

Fenergo – the leading provider of digital solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring – has today launched AI Powered CLM, a new set of AI capabilities which further boost operational efficiencies, accelerate onboarding and improve end-user experiences while reducing costs associated with KYC and AML compliance.  

Finastra announced today that its technology is powering ORO Bank. The new cloud-first institution serves individuals and businesses in Bhutan, and around the world, with a specific focus on providing safe, innovative and sustainable banking.

Transact Payments today unveils its new brand name and identity: TransactPay. The departure from the company’s existing name and branding reflects the next phase of its growth and expansion, and its evolution into the truly international business that TransactPay is today.

Elavon, a global provider of payments, has supported the growth of cashless transactions in Czech Republic, Slovakia, and Hungary through its successful implementation of unattended payments infrastructure in the region.

Moneyhub, the market-leading data and payments platform today announces its partnership with Teradata, the global analytics and trusted data platform for AI with the aim of opening up more opportunities for consumer-facing organisations across the UK and EMEA. 

PPRO, the leading local payments platform, has announced its partnership with Nordic challenger bank Lunar and Swedish local payment method Swish. This collaboration will enhance PPRO’s instant payment capabilities in Sweden through seamless integration with Lunar’s payment infrastructure and will allow Swedish consumers to use local payment method Swish for payments at more of their favourite global merchant brands.

Numeral, the payments technology provider, and BNP Paribas, Europe’s leading bank, today announced a partnership to enable payment companies, including WorldFirst, Alma, Swile and Floa, to embed SEPA and local payments into their products seamlessly, become SEPA participants, and optimise their payment operations at scale.