In the dynamic evolution of banking, digital transformation isn't a concluded journey but a continuous pursuit. As DKK Partners' Chief Technology Officer, I see this moment as pivotal, demanding our focused attention and proactive exploration. The financial industry is undergoing a profound shift, integrating digital technologies seamlessly. Beyond a transient trend, this transformation is a strategic imperative for institutions like DKK Partners to stay competitive.

Virgin Money has chosen mental health charities Mind and SAMH (Scottish Action for Mental Health) as new corporate charity partners.

Given the intrinsic link between money and mental health, Virgin Money will work alongside Mind and SAMH to support anyone affected by mental health problems and money worries and direct them to the vital services the charities provide - regardless of whether they are a Virgin Money customer or not.

European employee benefits platform, Club Employés, has partnered with embedded finance specialists, Weavr, to power a debit card solution for employee benefits, which gives employees the power to pick the perks they prefer. By expanding access to relevant benefits through the capabilities of embedded finance, employees are more likely to engage with the benefits provided by their employers.

Paystand, the only feeless B2B blockchain-enabled payment platform, today brings its automated payment solution to Acumatica, an all-in-one cloud-based ERP system

As investor demand for private debt and direct lending investments grows, Silverview Credit Partners has optimized its technology capabilities to support this asset class with global Fintech leader Broadridge Financial Solutions Inc’s. Sentry Portfolio Management solution.

Kore.ai, a leader in enterprise conversational and generative AI platform technology, today announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a successful 25+ year track record investing across enterprise technology, along with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola and Beedie.

The UK’s first Sharia-compliant bridge finance provider, Offa, has partnered with cloud-based mortgage and savings provider finova to develop an innovative end-to-end digital platform to support its growing portfolio of property finance products. Offa’s new origination platform will be delivered by finova and its implementation partner Hexaware in the first half of 2024.

Conferma Pay has partnered with ConnexPay to allow businesses to simplify their payment processes by issuing virtual cards for improved cash flow management. The partnership brings together Conferma Pay’s leading virtual card ecosystem and ConnexPay’s world-class virtual card issuing engine and real-time funding processes to create a seamless and secure all-in-one payment experience.

Dynatrace, the leader in unified observability and security, today announced that it is working with Lloyds Banking Group, one of the UK’s largest financial services providers, to measure the environmental carbon impact of its IT ecosystem, contributing to the organization’s sustainability goals.