Welcome to Today’s FinTech Daily Roundup your go-to source for the latest developments in financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance.
ANDRITZ Adopts Komgo’s GTK to Digitize Trade Finance
ANDRITZ, a global leader serving the pulp and paper, metals, hydropower, and environment and energy sectors, has selected GTK (Global Trade Konnect) from Komgo as its new multi-bank trade finance platform. Known internally as “Global Trade by Komgo,” the solution is designed to accelerate ANDRITZ’s digital transformation and harmonize trade finance processes across the entire organization. With this new system, the company is centralizing the management of guarantees, letters of credit, and credit risk insurance into one secure, digital environment that connects seamlessly with financial institutions around the world.
Australia Builds National AI Platform to Fight Insurance Fraud
The Insurance Council of Australia (ICA), together with Shift Technology and EXL, has announced a major new collaboration aimed at transforming how the Australian insurance industry fights fraud. The three organizations will build a national data analytics–driven fraud detection and investigation platform designed to allow insurers to securely share intelligence, detect fraud patterns, and respond to emerging threats more effectively. The platform is being developed with the support of ICINA, the ICA’s dedicated division for counter-fraud initiatives, and will initially focus on motor insurance claims.
ZKB Completes ISO 20022 Migration with Smartstream
Smartstream, a trusted provider of data and reconciliation solutions for global financial institutions, has announced that Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has successfully completed its ISO 20022 migration for reporting messages. The bank is now fully live with Smartstream’s Corona MX, part of the Smart Reconciliations suite marking a major milestone in its ongoing digital transformation.
Genesis Wealth Management Surpasses $2 Billion in Assets
Genesis Wealth Management, LLC has reached a major milestone in its journey, surpassing $2 billion in assets under control (AUC). This achievement highlights the trust and confidence that clients place in the firm’s personalized financial strategies and long-term planning approach. Many clients continue to recommend Genesis Wealth Management to their families and friends, reflecting the strong relationships and satisfaction the firm has built over the years.
Broadridge Partners with Xceptor to Automate Global Tax Ops
Broadridge Financial Solutions, a leading global Fintech provider, has announced a strategic partnership with Xceptor, a recognized leader in data automation for financial institutions. Together, the two companies will deliver a unified digital platform designed to automate the entire global tax relief and tax reclaim lifecycle. The partnership integrates Xceptor Tax with Broadridge’s Global Tax & Client Reporting Solution, creating a seamless, end-to-end system for multi-jurisdictional tax relief-at-source, tax reclaims, and digital regulatory filings.
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