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Motive Partners - Sunday Brainfood

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This week, Finantix, Motive Partners' portfolio company and leading supplier of transformational soft
 
July 14 · Issue #152 · View online
Brainfood
This week, Finantix, Motive Partners’ portfolio company and leading supplier of transformational software to the private banking, wealth management and insurance industries globally, announced that Deutsche Bank Wealth Management has chosen its AI-powered Finantix KYC Solution to help enhance the bank’s client onboarding and know-your-client (KYC) processes.
Alessandro Tonchia, Co-Founder and Director of Finantix, said:
“The KYC process is becoming increasingly costly, repetitive and laborious, especially in the world of private banking where customer service needs to be outstanding. We are delighted to be supporting the team at Deutsche Bank Wealth Management where this project will deliver an enhanced experience for both the bank’s clients and its KYC teams.” 

Motive Podcasts
Last week on the Future of Finance podcast series, we chatted to the Guy Harrington, Founder of Glenhawk. Next week, we bring you Assylbek Davletov, Chief FinTech Officer of Astana Financial Services Authority on building an International Financial Centre in Kazakhstan.
Our favourite moment?
04:50 - Assylbek tells us about AIFC’s FinTech regulatory sandbox and how it has supported innovation in Financial Services in Kazakhstan.
All episodes are on Apple PodcastsSpotify or Google Podcasts.
FinTech of the Week
Our FinTech of the Week is Finantix, a Motive Partners portfolio company and a leading supplier of transformational software to the wealth management, insurance and banking industries globally.
Why Finantix?
Financial institutions are complex organisations. With layers of legacy technology acquired over decades of operation; a need to meet the ever-changing requirements and needs of consumers; and an opportunity to differentiate by providing a unique customer experience. That’s where Finantix comes in.
Offering Sales and Advice insight through technology foresight, Finantix provides flexible component-based solutions that slot into an institution’s existing infrastructure and digital strategy. The Finantix offering is based on a library of modules and components, which promote innovation, re-usability across business channels and devices, and helps Financial Services leverage existing legacy architectures and data facilitating the integration and re-use into new digital services initiatives.
Finantix supports leading financial institutions around the world to digitize at pace and to create a best-in-class customer experience.
How can I find out more?
They say that “good things come to those who wait,” but why be good, when you could be great?
If you are looking to transform your organisation in a way that truly moves the digital dial, act now and partner with Finantix. You can follow and find them on LinkedIn or Twitter.
Upcoming Industry Events
Select M&A Activity
RBC acquires fintech startup WayPay
Mastercard Closes On Transfast Acquisition
IBM Bets $34 Billion That Red Hat Can Help It Catch Amazon and Microsoft
Pico to acquire Corvil
Funding Activity
DeCurret, a “Main Bank of Digital Currency,” obtains Funds to increase its Capital through a Private Placement worth 3.4 billion yen
Signavio raises $177M at a $400M valuation for its business process automation solutions
Bezos-backed Remitly raises $135m for expansion in remittances
UK fintech Soldo raises €54m for Dublin move
OPay Raises $50M To Grow Mobile Payments Ecosystem In Nigeria
Citi Ventures invests in Car IQ
P2P currency exchange app WeSwap bids for £2.3 million crowdfund raise
What We're Reading
Deutsche Bank Wealth Management selects Finantix to empower KYC processes with AI tools
Finantix components deployed by HSBC private bank
Migrants drive UK's fastest-growing companies, study finds
Cashierless Innovation In Retail Gets A Fresh Boost In The UK
Astana International Exchange and Nasdaq Dubai form alliance
YES Bank brings blockchain efficiency to Indian corporate debt market
Deutsche Bank to spend €13bn on tech amid massive job cuts
German fintech challenger bank N26 launches in the US
Wirecard strikes deal with YES Bank
South African microfinance institution Barko selects Temenos to replace legacy core
European InsurTech trends: Shift from disruptive to enabling InsurTech
Monzo integrates with Xero and Free Agent for business accounts
Mastercard Launches V-Card Acceptance Tool
GoCardless signs with DocuSign to automate recurring payments for European customers
Trump weighs in on cryptocurrencies
Domino’s Pizza to trial cashless ‘tap-and-take only’ stores
Bill.com Boosts Support for International Payments Offering
Silicon Valley Bank and First Data pick latest class for Commerce.Innovated
JPMorgan rolls out robo-advisor
UK challenger bank Revolut to open new tech hub in Berlin, creating 80+ additional jobs
Regulation
Compliance in the cloud for a demanding regulatory environment
EU Central Bank Says Crypto Isn’t Currency
PSD2: The real RTS deadline is closer than banks think
EU rule-makers probe supervision of cross-border digital financial services
The Future Of Compliance: Using Data Better
VibePay secures FCA approval
British Airways faces a £183m fine over data breach
Key Hires & Talent
Sponsored by JBM Consulting.
WorldPay And ClearBank Founder Nick Ogden Joins Funding Options Board
Revolut to hire former Goldman Sachs powerbroker
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