Temenos (SIX: TEMN), the banking software company, today announced that Temenos Infinity now offers a real-time, end-to end account opening and onboarding digital experience in just seconds. The account is fully funded and ready for customer use. The simplicity and unparalleled speed of the Temenos onboarding process combined with KYC and AML checks helps banks and credit unions increase conversion rates and drastically reduce operating costs.

Digital banks and other FinTechs are emerging as more nimble competitors to established legacy banks. The digital banks that are on their way to becoming fully chartered have the opportunity to setup fully automated processes and systems without legacy systems getting in the way.

SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.

Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, announces record first half results, with income up 14% and net profit up 103%, while pursuing an offensive investment strategy.

Olivier Novasque, chief executive officer of Sidetrade, had this to say:

BSO, the lead

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, has been awarded “Best Enterprise Payments Solution” for Payment Galaxy (Finzly’s Payment Hub) at the 2020 Finovate Awards.

Kroll, a division of Duff & Phelps, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has elevated its managed detection and response (MDR) capabilities with Kroll Responder. Responder is a turnkey solution delivering 24x7 MDR, merging robust monitoring, proactive threat hunting and superior incident response by Kroll’s seasoned investigators to provide unrivaled visibility and augment organizations’ security operations.

Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new growth investor – Odysseus Investments. The  business will be headed up by Adam Battersby, formerly Head of Global Principal Investments at BofA Merrill Lynch.