QuantaVerse, which uses AI and machine learning to automate financial crime investigations, has enhanced its Financial Crime Investigation Report (FCIR), so AML cases can be accurately adjudicatedmore efficiently than ever before.

Integral, a leading FX technology provider, announced today that it has launched the latest version of its next generation trading platform.

Available through HTML5 browser and mobile device, FX Inside 7.0 is a web-based trading solution for banks and institutional brokers wanting to serve corporate and institutional customers in a fully branded single dealer environment.

Vietnam’s Tien Phong Commercial Joint Stock Bank (TPBank) accelerated their digital transformation with Backbase, a digital-first banking platform, to transform the bank’s traditional products, services and core banking system. Backbase drove the digitization to enable TPBank to operate on a secure, efficient, and sustainable omni-channel digital platform that is agile and scalable as the bank prepares for strong future growth and expansion.

Ohpen, the first fintech platform to bring a bank to the cloud, today announces its acquisition of cross-border loan and mortgages Software as a Service (SaaS) provider Davinci. The combination of these two growing companies will allow Ohpen to address the $300 billion global bank IT spending market as it targets international expansion.
 

Open banking fundamentally changes the landscape of the modern financial sector, stimulating all types of companies to release new services and making traditional banking products simpler, and more convenient, while removing additional costs. Open banking became a global trend that triggers a price-competitive response to innovations across the financial sector.