Fintech
Find out the latest developments of the week
By Gloria Mathias
June 28, 2024
- ACI in the world
- Asia-Pacific
- Avaloq
FinTechs continue to play a critical role in transforming and reshaping the traditional contours of the financial sector. As technology becomes increasingly intertwined with financial services, FinTech innovations are not simply incremental, but rather revolutionary, paving the way for greater efficiency, accessibility and new business models.
This week’s FinTech Focus presents a hand-picked selection of the most significant developments that highlight the dynamic nature of this sector.
Let’s take a look at the top five announcements made by Financial technology This week’s big shots:
ACI Worldwide is pleased to join forces with RS2 to bring a sophisticated end-to-end issuance and acquisition solution to Brazil for the first time. Our new combined solution will be a game changer for the Brazilian market, enabling customers to drive business growth and capitalize on new revenue opportunities by launching new products and services.
Avaloq is pleased to announce that we have successfully implemented OpenWealth at our long-standing client, LGT Private Bankin collaboration with Synpulse8. OpenWealth ensures standardized connectivity between LGT and its financial intermediaries and provides them with near real-time access to the bank’s investment positions and transaction data. This, in turn, reduces operational risks and allows financial intermediaries to update their platforms with more timely and accurate data.
Thanks to the Synpulse8 standard adapter, the entire Avaloq community can now seamlessly integrate OpenWealth into their core banking systems for better data exchange with their network of financial intermediaries.
Azenzio is excited to announce it People’s Bank of Mauritania went live with iMAL Business Intelligence. The bank, one of the largest financial institutions in Mauritania, chose to implement iMAL Business Intelligence to streamline its data management processes and extract valuable and relevant insights for data-driven business outcomes.
After five years of successful cooperation and a successful launch of the bank, the bank is fully regulated and approved by BaFin. Bank C24 GmbH and Mambu have announced an extension of their ongoing partnership.
Exciting news! Tuum is thrilled to announce the expansion of our partnership with Amazon Web Services (AWS)! Tuum is taking its partnership to the next level by introducing our next-generation core banking platform to AWS Marketplace. This move is set to revolutionize the way financial institutions adopt and deploy our cloud-native banking solutions.
Read also: IBSi FinTech Journal March 2024 Edition