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Wealth Managers Grapple with Long Client Onboarding Times – Avaloq Research

Wealth management clients worldwide experience significant waiting times in the onboarding process according to research from Avaloq, a global leader in digital banking solutions and wealth management technology.

Tuesday, July 16, 2024 - 09:49
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Financial IT
Jordan Kuwait Bank Partners with Mastercard and FOO to Unveil eliWallet

Jordan Kuwait Bank (JKB) is pleased to announce its strategic collaboration with Mastercard and FOO to introduce eliWallet, a groundbreaking multicurrency payment.

Tuesday, July 16, 2024 - 09:46
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/news/e-wallets/jordan-kuwait-bank-partners-mastercard-and-foo-unveil-eliwallet
Financial IT
OCN - The Fintech for Gig Workers Across the Americas - Completes $86 Million Series A Fund Raise

OCN (formerly “OneCarNow”), the leading Fintech for gig workers across the Americas, announces an $86 million Series A fund raise - comprising equity and debt - in a major endorsement for the Company’s business model and track record.

Participating institutions include lead investors for the equity element: Caravela Capital (Brazil); Collide Capital (US); and Great North Ventures (US) with the debt element provided by new investor - i80 Group - a New York-headquartered investment firm.

Tuesday, July 16, 2024 - 09:37
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/news/fundraising-news/ocn-fintech-gig-workers-across-americas-completes-86-million-series-fund-raise
Financial IT
Temenos and Visa Team Up to Bring Visa Money Movement Solutions to Banks via Temenos Exchange

Temenos, the banking software company, today announced a collaboration with Visa, a world leader in digital payments, to integrate Visa Direct, a Visa money movement solution, with Temenos Payments Hub and make available to banks via Temenos Exchange, the Temenos ecosystem of partner solutions.

Tuesday, July 16, 2024 - 09:33
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/news/money-transfers/temenos-and-visa-team-bring-visa-money-movement-solutions-banks-temenos
Financial IT
CUBE Bolsters Board with Experienced Appointments

CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today announced a series of experienced additions to its board as it continues to extend its leading position and continue its transformational growth.

Tuesday, July 16, 2024 - 09:30
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/news/people-moves/cube-bolsters-board-experienced-appointments
Financial IT
PIMFA Sets Out 5-Year Agenda for Government to Create a UK Culture of Thriving Financial Health

PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has set out its agenda for government over the course of this Parliament. 

Tuesday, July 16, 2024 - 09:26
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/news/consultancy/pimfa-sets-out-5-year-agenda-government-create-uk-culture-thriving-financial-health
Financial IT
Wolters Kluwer Launches CCH Tagetik Tax Provision & Reporting Solution

Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that it has launched CCH® Tagetik Tax Provision & Reporting. This new solution supports companies that are seeking to streamline group tax provision and accounting processes by integrating and bridging the gap between financial and tax reporting.

Monday, July 15, 2024 - 16:49
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/news/tax-authorities/wolters-kluwer-launches-cch-tagetik-tax-provision-reporting-solution
Financial IT
Newland NPT and Neoleap Forge Strategic Partnership to Pioneer Digital Payment Solutions

Newland NPT, a leading global provider of smart payment devices and associated infrastructure solutions, and Neoleap, a trailblazing Saudi fintech company, renowned for its innovative financial solution, are pleased to announce the signing of a strategic cooperative partnership agreement. This landmark agreement marks the beginning of a collaborative effort aimed at integrating industry resources with cutting-edge digital payment technologies to unlock new market potentials and deliver advanced, secure payment solutions.

Monday, July 15, 2024 - 16:32
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/news/payments/newland-npt-and-neoleap-forge-strategic-partnership-pioneer-digital-payment-solutions
Financial IT
GFT AI Impact 1.0: Time Savings of Up to 90 Percent in the Software Development Life Cycle

The journey of creating software is long, complex, fragmented, and involves dozens of separate tools. Embedded Artificial Intelligence solutions can streamline this process. In pilot projects with Latin American tier 1 banks GFT's AI Impact has demonstrated significant efficiency improvements in software development:

Monday, July 15, 2024 - 16:26
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/news/artificial-intelligence/gft-ai-impact-10-time-savings-90-percent-software-development-life
Financial IT
Pelago Partners with Primer to Deliver Payments Innovation for the Global Traveler

Primer, the United Kingdom-based payment firm, and Pelago, the travel experiences arm of Singapore Airlines Group, have forged a partnership allowing Pelago to elevate its payments strategy and meet the payment preferences of travelers worldwide.

Monday, July 15, 2024 - 15:57
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/news/payments/pelago-partners-primer-deliver-payments-innovation-global-traveler
Financial IT

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