Digital transformation is a natural progression from traditional business, one better suited to today’s world. The analytic difference is the playfield for innovation, ascendable and agility that are possible in the transformation process, now that digital is a part of the mix. Digital transformation has the ability to deal with uncertainty and respond quickly to change, rather than setting long term goals and moving steadily towards them. Digital transformation is not a close-ended program, once it has begun, it opens up endless effective evolution.

JDX, the global financial services firm, announced today that it has hired senior financial services executive Lucy Dorr to spearhead its global consulting business. Lucy has 20+ years of leadership experience in the global markets and is a proven leader in business process, and technical design and execution.

SETL Ltd, the London-based institutional payment and settlement infrastructure provider using blockchain technology, today announced the completion of its corporate restructuring programme.

At the beginning of March this year, the previous entity, SETL Development Ltd (in administration), announced that it had appointed Quantuma LLP as its administrators.  

Most people have a full-time job, a family and a fairly full schedule of extracurriculars and they simply do not have the time to go to a bank within the standard work week. Futurum author Daniel Newman says, “I can’t remember the last time I’ve been to a bank. Come to think of it, I can’t remember the last time I’ve mailed a bill payment, either.”[1]

Couchbase today announced the latest version of Couchbase Mobile, the industry’s first embedded NoSQL database. Couchbase Mobile 2.5 enables developers to create mobile applications and manage data with secure embedded local device storage, advanced sync capabilities, and Machine Learning (ML) queries.  

Jumio today announced a new multi-year agreement with Monzo, further strengthening a long-standing partnership of hypergrowth between the leading AI-powered trusted identity as a service provider and one of the UK’s top digital banks.

Experts from Wolters Kluwer’s Compliance Program Management (CPM) business and Chartis Research will discuss ways in which financial services firms can tap the power of Artificial Intelligence (AI) to more effectively manage their regulatory compliance obligations in a webinar, “Leveraging AI for Regulatory Change,” on Tuesday, June 4, 2019 from 10-11 a.m. EDT.

FIS™, a global leader in financial services technology, and The Venture Center have announced the 10 portfolio companies selected to participate in the fourth annual FIS Fintech Accelerator program.

Executives from FIS and The Venture Center, as well as community leaders, were in attendance to meet this year’s participants at the kickoff event held yesterday at The Venture Center. The 2019 program received 225 applications from fintech companies across the U.S. and 31 other countries.

The 10 selected portfolio companies are:

Behavox, an enterprise People Analytics software company that provides holistic employee supervision solutions, today announced that Jefferies Group LLC (“Jefferies”), the world's largest independent full-service global investment banking firm headquartered in the U.S. focused on serving clients for over 55 years, has selected Behavox to supply a premier Compliance Supervision platform for its global operations.

Baker Hill, a leading provider of technology solutions for common loan origination, risk and relationship management, CECL compliance, and smart data analytics, announced that Prosper 2019 was yet another successful client conference, with a record 124 attendees represented across 54 financial institutions throughout the U.S.