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Raiffeisen Bank adapts to regulatory changes with Master Data Management overhaul

Raiffeisen Bank has partnered with Ataccama to implement a major upgrade to its Master Data Management (MDM) system to strengthen regulatory compliance and improve customer data accuracy.

/wealth

Nearly one in 10 Brits rely on YouTube for financial advice

Recent research by Aqua revealed that nearly one-third of Brits (30%) say that financial mistakes have caused increased stress, and that 41% of Brits feel negatively about their financial situation.

/markets

QuantHouse adds Saudi Exchange data

Iress today announced that its QuantHouse division can now deliver real-time market data from the Saudi Exchange.

/startups

Synthetic data platform Synthera raises $1.86 million pre-Seed investment

Synthera, a groundbreaking fintech company rethinking financial market analysis through synthetic data powered by generative AI, has closed a $1.86 million pre-seed funding round.

/retail

Wefox agrees to sell insurrance carrier

wefox has achieved another key milestone in the focusing of its business. wefox Holding AG has reached an agreement with a group of Swiss companies led by the independent Swiss pension service provider BERAG on the sale of Liechtenstein-based wefox Insurance AG.

/payments

Encision CU hands over running of ATM network to NCR Atleos

NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Tallahassee, Fla.-based Envision Credit Union (“Envision CU”) has deepened its relationship with Atleos, selecting Atleos’ ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) solution to streamline operations within the self-service banking channel.

/payments

Chips celebrates Black Friday by smashing payments record

The CHIPS network, the largest private-sector high-value clearing and settlement system in the world which is operated by The Clearing House, set a new record for transaction volume on Black Friday by clearing and settling 1,083,550 payments valued at $2.63 trillion.

/markets

Mapfre AM selects BlackRock Aladdin for digital transformation of investment platform

MAPFRE AM, MAPFRE Group’s asset management arm, will take a significant step forward in its digital transformation – a key pillar of the company’s growth strategy - by adopting BlackRock’s Aladdin platform, marking the first insurance company in Spain to implement the technology.

/wealth

Maestro upgrades wealth platform

Masttro, the global leader in wealth tech solutions for family offices, RIAs, wealth managers and wealth owners themselves, today announced the launch of its next-generation platform, setting a new standard for easier and more powerful wealth data management.

/ai

Shastic teams with MeridianLink to provide AI workflow automation for banks and credit unions

Shastic, the leading provider of AI-Automated Knowledge Workers for financial institutions, has announced that its platform will be integrated with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies.

/retail

Offa purchases Bank of Ireland’s Alburaq Islamic home finance portfolio

Offa, the UK’s leading Islamic property finance fintech, has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal, including more than 350 home purchase plans.

/crime

Themis launches AML firm in Saudi Arabia

Themis, a global leader in financial crime prevention, announces the official launch of Tathabbat.

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