Finantix, the leading global provider of trusted technology to the wealth management, insurance, and banking industries, and in collaboration with WealthBriefing, published “Together, we can make it!

Monese, the popular pan-European banking service that provides instant and localised mobile money accounts in 31 countries, today announces it will adopt Thought Machine’s cloud native core banking platform Vault. Monese, which provides accounts to both consumers and businesses, will migrate its existing customer base onto Thought Machine’s cloud native platform, as it focusses on strengthening the company's core technology platform and its banking infrastructure.

As part of its long-term business strategy to provide solutions for customers of all sizes, from established tier 1 financial institutions to small fintech enterprises, Compass Plus has added support for Oracle Standard Edition to its cloud-native open development payments platform, TranzAxis. 

OakNorth Bank, a leading UK bank that provides fast, flexible and accessible debt financing to growth businesses, today announced its partnership with ComplyAdvantage, the global technology company transforming financial crime det

FNA, a deep technology firm specializing in advanced network analytics and simulations, today announces it has won the G20 TechSprint in the ‘Dynamic Information sharing for Supervisors and Regulators in Response to Crises’ category.
 

Broadridge Financial Solutions, Inc.  (NYSE:BR), a global Fintech leader, today announced that it selected 7 Chord, an independent predictive pricing and analytics provider, as the source for intraday corporate bond prices on its new artificial intelligence (AI)-driven, digital corporate bond trading platform, LTX®.  Advanced analytics sit at the core of LTX, and the integration with BondDroid®, 7 Chord’s award-winning predictive pricing engine for bonds, provides buy-side firms and dealers with an independent assessment of current market value to inform

Onfido, the global identity verification and authentication company, today announced a strategic partnership with leading online food delivery company, Deliveroo, expanding the roll-out of Onfido’s AI-powered identity verification technology to support the food delivery giant’s global expansion. 
 

Africa is on the verge of realising its economic potential, as IT investment explodes across the continent and with South Africa alone, seeing IT infrastructure spending passing the $26-billion mark in 2020. The massive continental capital development is driving the continent’s digital revolution as it looks to fulfil its economic potential.

Wealth managers must urgently increase their use of technology in offering private market investments or they risk being left behind by their competitors in less than five years.