Recent months have brought momentous change for businesses across the globe. Needless to say, the pandemic has had a colossal impact on the retail sector in particular. For certain industries, the crisis has catapulted society further into the digital world; technology that was predicted to be adopted  over the coming years is now on track to be embraced in mere months.

One of the most challenging and complex elements of operating a financial services institution is compliance. Managing risk, security and privacy to earn customers’ trust has long been at the core of financial services, but this foundation has been shaken over recent years. A series of major incidences of fraud and compliance violations – such as the Nordic Laundromat scandal, which exposed several Nordic banks as part of billion-dollar Russian money laundering schemes – have eroded trust in the industry.

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world’s most complex data-driven challenges. Today, TIBCO announced that its global TIBCO4Good™ initiative continues to leave a lasting impact through work with key partners and customers.

Swarm Technology today announces the launch of its unique managed futures trading platform, Swarm XVI.  

Using artificial intelligence (AI), Swarm XVI applies a form of biomimicry to trade a portfolio of 16 liquid futures markets in a way that extracts information more efficiently than many existing methods. 

Provenir, a leader in risk decisioning and data analytics software, today announced a new partnership with Istanbul-based consultancy firm, Gini Finance, to support further market expansion in Turkey.

The partnership will empower Turkish banks, fintechs and financial services organizations to incorporate industry-leading decisioning software in a bid to propel their move to digitize customer onboarding and enhance their credit risk processes.

Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced that specialist research firm RegTech Analyst today named the company to its global 2021 RegTech100 List. The honor marks the third consecutive year Eventus earned a place on the selective list of the world’s most innovative solution providers that address the challenges of regulatory pressures within financial services.

Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, has appointed Fabrice Bensimon as Sales Manager for Switzerland, France, Luxembourg and Belgium.

Global fintech leader Avaloq has launched the Avaloq Data Synthesizer, a cutting-edge solution that allows financial institutions to simulate real client data in the development of software products. The innovative application can be deployed in the Avaloq.one ecosystem’s sandbox, ensuring a controlled and cloud-based setting.

Fast Budget, an Italy-based PFM app, teamed up with Salt Edge, a leader in offering open banking solutions, to enable its end-customers to connect and access all bank accounts in one place and eliminate the need to insert the financial data manually.

Continuing its efforts to empower businesses with easy access to digital payment technologies, Razorpay, India’s leading full-stack financial solutions company, today announced a partnership with PayPal, a global leader in digital payments to enable seamless international payments for MSMEs and Freelancers.