Avaloq, a leader in private banking, wealth management and investment management technology, has inaugurated its new regional office in the Dubai International Financial Centre (DIFC). This strategic expansion follows the signing of InvestGB, the wealth and investment management arm of Gulf Bank, and the recent addition of another major client in the Gulf Cooperation Council (GCC) area.

Embedded finance specialist Weavr expands its capabilities by integrating B4B Payments, the globally recognised provider of card issuing and integrated payment services, into its embeddable financial solutions platform. The partnership marks a significant step in Weavr’s evolution into a multi-financial institution provider model, reinforcing its leadership in embedded finance and enhancing the choice and flexibility offered to customers.

Looking to meet banks? Money20/20 Asia 2025 is set to bring together more than 75 Asian and global banks, from traditional powerhouses to disruptive neobanks, private and investment giants, to Bangkok this month.

Lloyds Banking Group has taken a significant step in its strategic transformation, leveraging the artificial intelligence (AI) and data science capabilities of Google Cloud to transform customer and colleague experience. This transition is unlocking new opportunities to innovate, enhancing the Group’s ability to provide cutting-edge, personalised financial services. 

Embracing cloud technology  

Baselight, the decentralized data platform built for the future of analytics, will officially go live on April 15, 2025, opening access to a continuously growing universal data catalog with over 13,000 datasets, 100,000+ tables, and more than 22 billion rows of structured data. 

Mphasis, a leading Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced the award of a U.S. patent on “System and method for optimized processing of information on quantum systems”.

Affirm, the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced the acceleration of their global expansion plans. Shopify merchants in Canada with early access can now offer Shop Pay Installments, exclusively powered by Affirm, to shoppers, marking the product’s first availability outside the U.S.