Avaloq, a global leader in innovative software solutions for banks and wealth managers, is expanding its existing partnership with ACTICO, a leading international provider of software for intelligent automation and digital decisioning. The two companies are integrating the ACTICO Compliance Suite into Avaloq's software solutions for banks and wealth managers, making it easy for Avaloq's clients to use the new compliance offering as a standardized solution to prevent financial crime.

Worldline [Euronext: WLN], the European market leader in payment and transaction services, signed a partnership agreement with Meniga, the London-headquartered fintech and provider of digital banking technology. The collaboration is aimed at increasing digital customer engagement through the creation of personalised banking features.

Countingup and nearly 250 accountancy firms have written to the Government to appeal for gaps in coronavirus support for small businesses to be bridged. Representing over 70,000 small businesses, the letter voices the concerns and questions posed by small businesses, which accountants are hearing day in day out.

Wolters Kluwer Compliance Solutions has added an important new feature to its widely used Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, which is designed to help U.S. banks, credit unions and other lenders support small businesses with payroll funding during the COVID-19 crisis.

Phos, the fintech that created the first-ever software PoS which allows merchants to accept payments directly on their phones, today announced that it has closed a fundraising round of €1.3M. The round was led by New Vision 3 and also saw new angel investment in the business. The new funding sees the total amount raised by the business increase to €2.5M, enabling phos to grow its development team to introduce new features like PIN on Phone, its Software Development Kit (SDK) and a new integrated loyalty system.

 State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.

A truly innovative claims process puts customers first.

Technology is an important enabler for innovative claims but understanding how, when, why and where the customer wants human interaction and having the skills to deliver it is often the critical last mile.

Profile Software, an international financial solutions provider announced today, that Login’s Acumen^net Treasury Management platform already accommodates the orderly transition away from LIBOR that is about to affect Treasury departments by 2021.

Through continuous investments in designing innovative solutions, Profile and Login have been proactive to accommodate the upcoming change by enriching Acumen^net with the functionality necessary for both existing and future requirements.

Electronic Money Institutions (EMIs) have a window of opportunity to show banks what they’re really made of. Stefano Paoletti, VP Sales, discusses why they should capitalise on it while they still can. 

EMIs make their living by throwing out the rulebook, moving fast and thinking freely. Innovative services based on eWallets and prepaid cards are commonplace and support a wide variety of use-cases, from state pension and benefit payments, to payroll, gift cards, loyalty, gaming, FX transfers, personal finance management solutions and more.