Deposit automation and recycling terminals are revolutionising the way banks operate across the globe, allowing routine transactions to be migrated from the teller to self-service, significantly reducing cash management costs

Brazilian banks look to recyclers to reduce CIT costs

DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced today that the firm has partnered with INDmoney, an artificial intelligence (AI) and machine-learning based wealth management platform in India, to bring U.S. stock investing technology and capability to INDmoney clients.

West African Development Bank (BOAD) has selected Wolters Kluwer’s OneSumX solution for Risk Management with the aim of implementing an integrated approach to risk management and financial planning in order to strengthen its financial governance.

Asset Control, a leading solutions provider of managed data services for data mastering and analytics, has won ‘Best Data Management Solution for Regulatory Compliance’ as part of the A-Team Group’s RegTech Insight Awards 2020.  This is the third time Asset- Control has won this award in the last four years.

Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database, today announced that it has completed a $105 million all-equity Series G round of fundraising.  The latest funding round, led by GPI Capital, also included oversubscribed participation from existing investors Accel, Sorenson Capital, North Bridge Venture Partners, Glynn Capital, Adams Street Partners, and Mayfield.  Proceeds from this financing will be used to expand product development and global go-to-market capabilities.

Stress-testing has become a common tool of regulators and central banks to assess the readiness of banks to deal with sudden volatility in global markets. With Wall Street suffering its worst day since the 1980’s in March, and Covid-driven volatility set to grip the global economy for the months to come, banks will be expected to run stress tests to examine their resilience. However, why should this be limited to banks? To ensure the best levels of preparedness for future volatility, stress testing needs to be expanded to other market participants.

W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with neobanking group Jingle Pay to power a new digital solution for the unbanked and underbanked in the U.A.E. 

Wirecard, the global innovation leader for digital financial technology, and websms, a pioneer in mobile messaging, have come together to set new standards in mobile marketing. With this cooperation websms and Wirecard aim to make it possible to handle payment transactions in a simple way via SMS or directly in the chat messenger for the first time.

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Redburn (Europe) Ltd, the independent equity research and execution firm, today announced that they completed a successfu

Profile Software, a leading financial solutions provider, announced today that 3K Investment Partners, a Mutual Funds Company based in Athens, selected Axia, Profile’s leading omni-channel and web-based investment management system, to efficiently address its fund and wealth management operations on a single platform supporting all of its investment activities in an fully automated environment.