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Wealth Managers Are Confusing Themselves With Too Much Technology

Wealth managers are confusing themselves by relying on too many technology systems, according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.

Friday, November 21, 2025 - 12:46
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Financial IT
Mollie Ready for AI Payments Before OpenAI Launches in Europe

Mollie has become one of the first European payment providers to build a fully functional payment integration with ChatGPT. During a hackathon in Lisbon, the product and engineering team demonstrated a complete purchase through an AI assistant, from product discovery to payment using Apple Pay. The breakthrough lies in the successful development of a delegated payments API, making Mollie's infrastructure compatible with OpenAI's Agentic Commerce Protocol (ACP).

Friday, November 21, 2025 - 12:43
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Financial IT
Aviva Secures US$50 Million Credit Facility From Community Investment Management Ahead of Series A

Aviva, a startup using natural language processing to transform conversations into structured data to offer microloans, has secured a USD 50 million credit line from Community Investment Management (CIM), an institutional impact investment manager that provides strategic debt capital to demonstrate and scale responsible innovation in lending for underserved communities. 

Friday, November 21, 2025 - 12:38
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Financial IT
Monzo Races Past 14 Million Customers Amid Record Growth and Standout Engagement

Monzo has raced past 14 million customers, after a record 2 million individuals and businesses joined the UK’s largest digital bank in the six months to September 2025 - around a 40% uplift year-on-year. 

Friday, November 21, 2025 - 10:51
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/news/banking/monzo-races-past-14-million-customers-amid-record-growth-and-standout-engagement
Financial IT
Zopa Bank partners with Upvest to launch Investments in the UK

 Zopa Group PLC, the digital bank pioneer trusted by 1.6 million customers, is today announcing a landmark partnership with Upvest, Europe’s leading investment infrastructure provider. 

Friday, November 21, 2025 - 10:48
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/news/investment/zopa-bank-partners-upvest-launch-investments-uk
Financial IT
ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

ID-Pal, a leading provider of AI-powered identity verification, has announced a major enhancement to its multi-award-winning document-fraud detection feature, ID-Detect, delivering even more powerful defences against digital manipulation generated by AI. This form of manipulation is one of the fastest-growing threats facing financially regulated enterprises and payments providers.

Friday, November 21, 2025 - 09:42
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Financial IT
NEXT Biometrics Enters Vietnamese Market, Secures First Mass Production Order for Payments Authentication & KYC

NEXT Biometrics, the world leader in advanced high-security fingerprint sensor technology, has secured its first mass production order in Vietnam. The order, for NEXT NB-2033-U2, has been placed by a Vietnamese System Integrator and the sensors will be used to support payments authentication and know-your-customer (KYC) use cases for stronger, more convenient transactions.

Friday, November 21, 2025 - 09:38
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/news/aml-and-kyc/next-biometrics-enters-vietnamese-market-secures-first-mass-production-order
Financial IT
Zilch Becomes Official Way to Pay for Arsenal Football Club

Zilch, the consumer payments platform powering the future of commerce, today announced a multi-year agreement with Arsenal, becoming the club’s Official Way To Pay.

The global partnership, which marks Zilch’s first foray into sports, spans both men’s and women’s teams, and will make available Zilch’s range of flexible payment options to Arsenal supporters.

Friday, November 21, 2025 - 09:33
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Financial IT
Worth Expands Leadership Team to Accelerate AI Innovation and Enterprise Growth

Worth, the fintech platform modernizing onboarding and underwriting for financial institutions, today announces a series of leadership transitions and key executive hires to support the company’s accelerating growth following its impressive seed round earlier this year.

Friday, November 21, 2025 - 09:28
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/news/people-moves/worth-expands-leadership-team-accelerate-ai-innovation-and-enterprise-growth
Financial IT
Klarna Deepens Partnership With Blackhawk Network to Tap $447B U.S. Gift Card Market

Klarna, the global digital bank and flexible payments provider, has expanded its partnership with Blackhawk Network (BHN), a leading global provider of branded payment solutions, to give consumers even more choice and flexibility for purchasing gift cards, just in time for the holidays.

Friday, November 21, 2025 - 09:24
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Financial IT

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