Millennials are the new target audience for the wealth-management industry. They require special services compared to common practice, as they are typically ignored by the financial services industry. Nevertheless, the younger gen has more financial concerns than ever and need advice desperately. What features should companies provide millennials to solve their financial problems and win their loyalty?

BNY Mellon released its "Overcoming the Trade Finance Gap: Root Causes and Remedies" report, which finds that the trade finance gap remains a significant issue for global trade, according to 100 global, regional, and domestic banks, specialist trade providers and other market participants responding to its survey.

NICE Actimize  announces the launch of CDD-X, the next-generation Know Your Customer/Customer Due Diligence (KYC/CDD) solution. NICE Actimize CDD-X is the latest addition to the Actimize Autonomous AML solution set that leverages the power of artificial intelligence and machine learning to provide more accurate detection and customer risk scoring to reduce compliance risk. Significant reduction in operational costs are realized through the innovative use of visualization and purpose-built intelligent automation to streamline customer review times by up to 70 percent.

Vision Blue, the leading provider of compliant software solutions for the Credit and Debt Recovery sectors, has acquired Cardiff-based fast growth fintech company SamePage Group, a pioneer in fully-digital Loan Origination software platforms, for an undisclosed sum.

Standard Chartered announced the expansion of Straight2Bank Pay, its award-winning digital collections gateway for corporate clients, to additional markets in Asia to further support its clients’ growing e-Commerce and m-Commerce aspirations.

AIDA Technologies, the AI and predictive analytics provider, today announces that Mastercard, Kuok Ventures and SGInnovate have invested in the company in a Series A funding round.

Money may be recognised as a universal language, but new research has found seven in 10 Brits (70 per cent) aren’t sure what the different slang terms for it actually mean. The research from money-sharing app Pingit revealed a further 59 per cent become confused over the denomination each slang term refers to, perhaps thanks to the more than 80 different words used to describe currency.

Fintech solution provider, Path Solutions, today announced that it has successfully deployed and tested its latest iMAL R14.1 technology on Azure, Microsoft’s trusted and intelligent cloud. Currently used by over 100 Islamic banks, iMAL is a multi-award-winning core banking and investment platform.

Senior claims officers from two leading insurance carriers, USAA and Esurance, will participate in a live, free webinar, hosted by Insurance Nexus, on the transformative effect of Connected Claims. These leading executives will explore how they expect the new era of connected claims to deliver unprecedented business efficiency and superior customer experience.

Portabl, the insurtech startup designed for freelance, gig and self-employed workers around the world, has been picked by the Plug and Play innovation platform to join its Insurtech Batch of innovative companies.

The accelerator identifies high-potential startups and supports their growth and success through introductions to mentors, potential business partners and investors.

Portabl is designed to provide a new wave of insurance, benefits and savings products for the fast-growing number of freelance, gig and self-employed workers around the world.