Avaloq has won the Best Transaction Processing Solution award at the WealthBriefing European Awards 2020. The awards programme, now in its eighth year, recognizes companies, teams and individuals at the forefront of the wealth management sector.

The award is the eighth accolade or industry citation that Avaloq has garnered in 2020, having recently been named Outstanding Wealth Management Technology Implementation – Back Office partner at the Global Private Banking Innovation Awards 2020.

Signicat, the Trusted Digital Identity™ company, today revealed new research that shows 63% of consumers in Europe have abandoned financial applications in the past year. The survey results—conducted in May and June 2020 during Europe-wide COVID-19 restrictions—are the worst since the report debuted in 2016 and show a sharp increase of 23 points from the 40% abandonment rate in 2019.

SEON, the fraud fighters, today announces it has partnered with Unikrn, the global leaders in esports betting, to help in identifying potential bonus abusers as well as users who attempt to open multiple accounts.

Ziglu, the challenger and fully FCA authorised Electronic Money Institution, has announced the appointment of James Sullivan as its Chief Legal Officer.

James joins Ziglu from Monzo where he was Head of Legal and Acting Company Secretary. At Ziglu, his key responsibilities will include growing the team, supporting and protecting the business as it continues on its trajectory of product growth and international expansion.

A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020.