Global fintech leader Avaloq has become a member of the Fintech Alliance, the fast-growing London-based hub of UK and global technology firms, investors and financial services institutions. The membership reflects the strong growth of Avaloq’s UK presence and client base, and comes at a time when London has become one of the world’s leading fintech and investment centres. Through being a member, Avaloq expects to further increase its footprint in the UK as well as identify additional fintechs to co-innovate with.

Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that almost three quarters (74%) of UK businesses have encountered some type of supply chain risk in the last 12 months. The most common threats organisations faced include supplier failure (48%), supply shortage (46%) and environmental impact, such as pollution or waste (33%).

“A recent McKinsey survey found that the CFO’s role has become broader and more complex than even 2 years ago.  Today’s CFO has an average of 6.2 reporting functional areas with a corresponding increase in responsibilities including board engagement and taking the lead in digital transformation initiatives.” In order to adapt to the constant changes within the role, a modern CFO must be passionate about innovation and value creation.

Today, leading provider of digital Client Lifecycle Management (CLM) solutions Fenergo, has announced the results of new research which reveals that slow and manual onboarding processes could lead to commercial and business banks individually losing $4.5bn in revenue if they don’t bring their technology and systems up to date.

Quadient, the award-winning leader in Customer Communications Management (CCM), today announced a reseller partnership with digital and customer experience transformation experts Espire. The deal builds on Espire’s experience providing Quadient’s professional services, and will allow it to resell and support Quadient’s cutting-edge customer experience solutions to banking, insurance, travel, education, telecoms and utilities sectors across the UK & Ireland, Nordics and Benelux.

Couchbase today announced accelerated adoption of its enterprise-class, multicloud to edge NoSQL database as the company closed a record total of new logo bookings during the first half of fiscal 2020. Product innovation and strategic partnerships, together with a growing number of enterprises with specific requirements for their business-critical applications, were behind the strong customer interest and adoption. 

Keesing Technologies, global leader in identity verification, is proud to announce that the beta version of its new ID verification solution for remote customer onboarding is about to hit the market. The positive reviews of the testing group confirm the high degree of accuracy and reliability that the new solution stands for.

Temenos (SIX: TEMN), the banking software company, today announced that Lunar has selected Temenos’ award-winning Financial Crime Mitigation (FCM) to deliver the most complete protection and an enhanced digital customer experience. Temenos’ pre-packaged FCM will be quickly deployed and run on Temenos SaaS to provide a highly scalable and cost-efficient financial crime prevention solution spanning watch-list screening, anti-money laundering (AML), fraud prevention, and know-your-customer (KYC).

Banking Circle has been nominated for two Banking Technology Awards: Best use of IT in Lending and Best FinTech Partnership. The Banking Technology Awards, now in their 20^th year, recognise excellence and innovation in the use of IT in financial services worldwide. Winners will be announced at a ceremony and gala dinner at the 5-star London Marriott Hotel Grosvenor Square on 5th December 2019.