Temenos (SIX: TEMN), the banking software company, today announced that it won three awards at the IBS Intelligence Global FinTech Innovation Awards, 2020. The prestigious awards recognize technology players and banks for their excellence in driving impact through banking technology implementations and innovations using emerging technologies, such as cloud, open APIs, artificial intelligence and machine learning.

Banks in the U.K.

Image: : https://pixabay.com/vectors/credit-report-bank-score-loan-40671/

Adding tradelines to your credit is a simple but effective way to improve your creditworthiness and increase your loan eligibility. Unfortunately, some businesses play into the hands of dubious characters and end up wasting their money. Read on for some of the most common mistakes tradeline buyers make and how to avoid them.

Banks and the Italian Banking Association, in cooperation with ABI Lab, the banking research and innovation centre of the Italian Banking Association (ABI), have started experimentation with the digital euro. The aim of the initiative is to proactively contribute to public debate and support banks operating in Italy as they prepare for the future.  

Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation today announced the closing of NEC’s acquisition of Avaloq. Each being a market leader in their own field, the combination of their shared vision, technological strengths, and global presence, will accelerate both companies’ long-term growth, global expansion and value creation strategy.

CoinDCX, India’s largest cryptocurrency exchange, raised Rs 100 crore ($13.9 million) from eminent investors, including returning investors from previous rounds. The series B round was led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack.

An international fintech holding Robocash Group has expanded the product line with the launch of its first Buy Now Pay Later service UnaPay in the Philippines.

Liberis, a leading global embedded business finance platform, has secured £70m in financing from long-term partners British Business Investments, Paragon Bank, BCI Europe, as well as financing and venture debt from new partner Silicon Valley Bank (SVB).

Decimal Technologies, one of India’s leading fintech firms, has announced the launch of Saarathi, a pioneering, one-of-a-kind lending marketplace, specializing in digital transformation of loan files. The AI-based product enables hassle-free, paperless digitalization of multiple financial products such as loans, credit cards and insurance on one platform.