Within the insurance industry, digital transformation is boosting productivity – improving the customer experience, creating efficiencies throughout organisations, and enabling actionable insights using analytics and big data. Yet so far, the focus has been on the technologies, instead of its impact on each company’s work culture. Digital transformation changes every aspect of an enterprise, meaning that while the company will need to implement new technologies, it will also have to alter its work procedures.

Modulr, the Payments as a Service API platform for digital businesses, has secured £10m from Pool C of the 

R3, the enterprise blockchain software firm, announces plans to open its second European office in Dublin in 2020, as part of its rapid expansion plans. The office will serve as another of R3’s tech hubs and will be primarily staffed by engineering specialists who will work closely with the existing Engineering team in London.

LBBW and Commerzbank have once again executed a trade transaction between Voith and KSB SE, via the Marco Polo trade finance network, built on R3’s distributed ledger technology (DLT) platform, Corda. This time, besides the two companies involved, logistics provider Logwin AG was incorporated into the digital process chain – directly, and in real time. This represents a milestone in the expansion of the digital trade finance ecosystem.  
 

Advanced has announced it has secured an investment from Funds advised by BC Partners (“BC Partners”), a leading international private equity firm. The funds from BC Partners will support Advanced’s rapid growth aspirations to become the number-one provider of business software solutions in the UK, whilst expanding its global footprint.

New research launched today by global payments provider Klarna reveals that online SME retailers in the UK might be small in size, but are increasingly open to new technologies and innovation to help drive growth over the next year.

Based on its recent analysis of the global banking platform market, Frost & Sullivan recognises Mambu with the 2019 Global Customer Value Leadership Award for enhancing client capabilities through its banking platform. The platform supports banks through their changing requirements with a mix of relevant products and services that are aligned to market demand.

Drawbridge Partners, a premier cybersecurity services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect™, an automated management platform which allows firms the ability to manage all aspects of their cybersecurity program.

NatWest customers will be able to bank from home using just their voice with the launch of a pilot using innovative voice technology enabling customers to do banking through the Google Assistant on their Google Home smart speaker or smartphone. The pilot of 500 customers will run for three months.