Fintech News http://fintech-news.net/ Mon, 21 May 2018 19:56:05 BST part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Fintech News KohanaPHP SS&C Vision FI awarded Best Client Communications Solution News Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49534/ssampampc-vision-fi-awarded-best-client-communications-solution The WealthBriefing awards showcase ‘best of breed’ providers that have clearly demonstrated innovation and excellence in the global private banking, wealth management and advisor communities. Wealth Technology Canadian £1.2bn robo targets UK pension wealth News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49535/canadian-amppound12bn-robo-targets-uk-pension-wealth The robo-adviser has raised £122 million in funding from investment firm Power Financial Group. Wealth Technology Wealth Wizards developing talking robo-adviser News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49521/wealth-wizards-developing-talking-robo-adviser "Speech is not there yet but it is getting there and we are preparing for when it has arrived." Wealth Technology The Big Interview: Bravura tech boss on avoiding the darker side of AI News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49497/the-big-interview-bravura-tech-boss-on-avoiding-the-darker-side-of-ai Bravura chief technology officer on how the sci-fi of his teenage years has come to pass Wealth Technology WealthTech investments reached 80% of last year’s total in Q1 alone News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49509/wealthtech-investments-reached-80-of-last-yearamprsquos-total-in-q1-alone Global WealthTech funding is on track to surpass 2017’s record with over $2bn invested in Q1 2018 Wealth Technology Bremer Bank Adopts SEI Wealth Platform News Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49477/bremer-bank-adopts-sei-wealth-platform Strategic Win Supports Unified Platform's Increased Momentum Over Past Six Months Wealth Technology Clients’ digital ways have advisers jumping headfirst into fintech News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49482/clientsamprsquo-digital-ways-have-advisers-jumping-headfirst-into-fintech Startup financial-technology companies, commonly referred to as “fintech” providers, typically offer clients financial-service products that are more cost effective and easier to access than traditional bank offerings. Wealth Technology Crossbridge Capital Expands Platform News Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49464/crossbridge-capital-expands-platform It is complemented by the firm's existing wealth management and advisory services for high net worth and ultra high net worth investors. Wealth Technology A Crypto Tycoon, Banking Heir and the Mysterious Fight for Gold News Aggregation Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49471/a-crypto-tycoon-banking-heir-and-the-mysterious-fight-for-gold Petropavlovsk cut gold output in recent years to focus on more profitable ounces, and so far it seems to be working. Wealth Technology Profile Software unveils Axia Robo Advisor News Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49479/profile-software-unveils-axia-robo-advisor The firms benefit, among others, from the sheer automation and flexibility of the platform to manage the full advisory process, its low operating cost and fast client acquisition while delivering “independent” advice with transparency. Wealth Technology FinTech Australia appoints former Uber policy head News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49541/fintech-australia-appoints-former-uber-policy-head Commenting on his new role, he said: "It is a tremendous honour to be able to lead an organisation which has been able to achieve so much to advance the fintech cause in a relatively short period." Executive Moves Wolters Kluwer Appoints New Managing Director for APAC Finance, Risk & Reporting Business News Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49525/wolters-kluwer-appoints-new-managing-director-for-apac-finance-risk-ampamp-reporting-business With 15 years of experience in financial services, Fuchsluger joins Wolters Kluwer from SS&C Technologies Executive Moves UBS moves 80 staff into artificial intelligence unit News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49504/ubs-moves-80-staff-into-artificial-intelligence-unit Swiss bank switches its co-head of fixed income trading Chris Purves to head the operation Executive Moves Commonwealth Bank CFO leaving to run Cayman cryptocurrency firm News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49474/commonwealth-bank-cfo-leaving-to-run-cayman-cryptocurrency-firm Block.one CEO Brendan Blumer, said of his appointment: “Rob has a proven track record of success in global financial services. Executive Moves UBS head of group operations resigns News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49487/ubs-head-of-group-operations-resigns He was one of the bank’s most important managers over the past years. Executive Moves Arbitrade Appoints Three New Independent Directors News Team Friday, May 11, 2018 1:00 am http://fintech-news.net/article/49455/arbitrade-appoints-three-new-independent-directors Makes two key senior management appointments – a new Chief Financial Officer and Senior Vice President of Technology and President of its subsidiary, ArbiPay Executive Moves Bitcoin trading comes to Goldman Sachs after investment bank hires first cryptocurrency trader News Aggregation Team Friday, May 04, 2018 1:00 am http://fintech-news.net/article/49386/bitcoin-trading-comes-to-goldman-sachs-after-investment-bank-hires-first-cryptocurrency-trader The operation, led by the firm's first ever "digital assets" trader Justin Schmidt, is expected to begin within the next few weeks, though an exact date has not been set. Executive Moves Capgemini plans to appoint Carole Ferrand as Group Chief Financial Officer News Team Friday, May 04, 2018 1:00 am http://fintech-news.net/article/49391/capgemini-plans-to-appoint-carole-ferrand-as-group-chief-financial-officer Carole started her career at PriceWaterhouseCoopers in 1992, where she was an auditor and later a financial advisor in the Transaction Services Division. Executive Moves FNZ chief operating officer exits after Aviva re-platforming woes News Aggregation Team Friday, May 04, 2018 1:00 am http://fintech-news.net/article/49394/fnz-chief-operating-officer-exits-after-aviva-re-platforming-woes Platform's three months of pain Executive Moves Smart Appointment of Special Adviser News Team Thursday, May 03, 2018 1:00 am http://fintech-news.net/article/49380/smart-appointment-of-special-adviser Digital Jersey has appointed Smart Cities expert, Joe Dignan as a Special Adviser and, last week, he was flying the flag for the island at the Smart Island World Congress in Mallorca. Executive Moves Technology Firms Will Be Regulated Like Banks in Future News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49538/technology-firms-will-be-regulated-like-banks-in-future It’s not good for us and, according to Pew Research, is responsible for more and more suicides, particularly amongst the young. Legal,Regulation,Tax & Compliance AxiomSL solution goes live at European operations of mystery US bank News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49545/axiomsl-solution-goes-live-at-european-operations-of-mystery-us-bank AxiomSL claims that the implementation was fast, efficient and cost-effective due to its use of a single platform that can be used “for all regulatory calculations and reporting requirements. Legal,Regulation,Tax & Compliance Tax on cryptocurrency transactions: SARS should come to the aid of taxpayers News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49532/tax-on-cryptocurrency-transactions-sars-should-come-to-the-aid-of-taxpayers Though SARS' announcement on the tax status of cryptocurrencies has been anticipated, at this late stage it may come as a shock to many to learn that, not only will their cryptocurrency transactions be taxable going forward, but that tax legislation Legal,Regulation,Tax & Compliance Investigation of South Korea’s Largest Crypto Exchange Upbit Continues News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49502/investigation-of-south-koreaamprsquos-largest-crypto-exchange-upbit-continues However, the prosecutors have confiscated the exchange’s computers and records as part of the investigation. Legal,Regulation,Tax & Compliance Regulators have blown up bitcoin trade in Africa’s most active crypto currency market News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49503/regulators-have-blown-up-bitcoin-trade-in-africaamprsquos-most-active-crypto-currency-market It has halted its planned token sale to raise $32 million under an initial coin offering (ICO) aimed at generating funds to expand across Africa. Legal,Regulation,Tax & Compliance Tax agency cracks down on illegal wealth transfers News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49505/tax-agency-cracks-down-on-illegal-wealth-transfers Last year, the tax agency collected 2.81 trillion won (US$2.6 billion) in additional taxes from such illegal wealth transfer. Legal,Regulation,Tax & Compliance Finance without frontiers News Aggregation Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49463/finance-without-frontiers Technology is prevalent in most industries so the topics of fintech and regtech are of utmost importance to those working in financial services. Legal,Regulation,Tax & Compliance Will Lawyers Become Extinct in the Age of Automation? News Aggregation Team Wednesday, May 09, 2018 1:00 am http://fintech-news.net/article/49425/will-lawyers-become-extinct-in-the-age-of-automation The most enduring relationships in the legal profession are the ones where the client feels and believes the lawyer has their back. Legal,Regulation,Tax & Compliance Hong Kong group aims to curb money laundering around Asia News Aggregation Team Wednesday, May 09, 2018 1:00 am http://fintech-news.net/article/49430/hong-kong-group-aims-to-curb-money-laundering-around-asia China has battled to curb capital outflows for years. Legal,Regulation,Tax & Compliance Bermuda's InsurTech revolution News Team Tuesday, May 08, 2018 1:00 am http://fintech-news.net/article/49409/bermudaamp039s-insurtech-revolution The InsurTech Sandbox has a continued role in this evolution and will allow insurers to test new initiatives, gain valuable market data, and reduce their time to market at a lower cost. Legal,Regulation,Tax & Compliance Robots Challenge Banks in Sweden's $524 Billion Savings Market News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49486/robots-challenge-banks-in-swedenamp039s-524-billion-savings-market That could be problematic for Sweden’s major banks, because advisory services and private banking have emerged as increasingly important revenue streams in recent years. Retail Tech UAE digital bank attracts 10,000 new customers per month News Aggregation Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49469/uae-digital-bank-attracts-10000-new-customers-per-month Liv., the lifestyle digital bank launched by Emirates NBD, said to be fastest growing bank in the UAE Retail Tech Santander Readies Digital-Banking Platform for U.K. Businesses News Aggregation Team Sunday, May 13, 2018 1:00 am http://fintech-news.net/article/49459/santander-readies-digital-banking-platform-for-uk-businesses The Telegraph earlier reported Santander’s plans for a U.K. business banking service. Retail Tech Thailand's oldest lender's mantra: Go digital News Aggregation Team Friday, May 11, 2018 1:00 am http://fintech-news.net/article/49452/thailandamp039s-oldest-lenderamp039s-mantra-go-digital Siam Commercial Bank braces for competition against China's Alipay and WeChat Pay Retail Tech UAB calls upon banks, Arab financial institutions to exert greater efforts to spread fintech, curb risks News Aggregation Team Thursday, May 03, 2018 1:00 am http://fintech-news.net/article/49374/uab-calls-upon-banks-arab-financial-institutions-to-exert-greater-efforts-to-spread-fintech-curb-risks It is necessary to utilise modern technologies to develop electronic financial services and reduce the use of cash, according to the union. Retail Tech ‘It is easier to start a new bank from scratch than move an old one to new technology’ News Aggregation Team Monday, April 30, 2018 1:00 am http://fintech-news.net/article/49331/amplsquoit-is-easier-to-start-a-new-bank-from-scratch-than-move-an-old-one-to-new-technologyamprsquo Creaking systems struggle to keep up with mergers and regulation Retail Tech DBS Bank invests in analytics to get to know its customers News Aggregation Team Friday, April 27, 2018 1:00 am http://fintech-news.net/article/49320/dbs-bank-invests-in-analytics-to-get-to-know-its-customers The state of digital transformation so far and future plans for data-led change at the Singapore-based bank. Retail Tech CIMB’s digital push News Aggregation Team Saturday, March 31, 2018 1:00 am http://fintech-news.net/article/49111/cimbamprsquos-digital-push Banking group banks on data as it embarks on regional ambition Retail Tech Leading Processor in Bulgaria Starts Digital Transformation on WAY4 News Team Tuesday, March 20, 2018 12:00 am http://fintech-news.net/article/49005/leading-processor-in-bulgaria-starts-digital-transformation-on-way4 OpenWay managed to cover all our requirements for flexibility, security and business expectations. Retail Tech Wirecard Expands its Business in Asia and Gains Mizuho Bank as a New Customer for Acquiring and Issuing Services News Team Wednesday, March 14, 2018 12:00 am http://fintech-news.net/article/48961/wirecard-expands-its-business-in-asia-and-gains-mizuho-bank-as-a-new-customer-for-acquiring-and-issuing-services Jeffry Ho, Regional Managing Director at Wirecard, says: "It is a great pleasure for us to work with one of the largest financial institutions in the world and support them with our infrastructure and expertise." Retail Tech Robot at $390 Billion Nordea Wealth Unit Has Big Plans News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49536/robot-at-390-billion-nordea-wealth-unit-has-big-plans Nordea wants to use Nora to help expand that figure to about 2 million people in the next 2-3 years. Bitcoin, Blockchain & AI Artificial intelligence to become commonplace at instos News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49540/artificial-intelligence-to-become-commonplace-at-instos The findings come from surveys conducted at Northern Trust client events in the first quarter of 2018. Bitcoin, Blockchain & AI The World’s Second-Largest Maker of Bitcoin Mining Rigs Seeks $1 Billion Crypto IPO News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49522/the-worldamprsquos-second-largest-maker-of-bitcoin-mining-rigs-seeks-1-billion-crypto-ipo A top China Securities Regulatory Commission official visited the company’s headquarters last month and ‘welcomed’ them to list domestically. Bitcoin, Blockchain & AI Infosys Partners with 7 Banks for Blockchain Trade Finance Network News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49533/infosys-partners-with-7-banks-for-blockchain-trade-finance-network ITC is currently being used by the banks for a pilot project, using the blockchain-based solution to, a release states, increase automation and transparency, and help manage risks in trade and supply chain financing. Bitcoin, Blockchain & AI SoftBank Is Said to Eye Another $100 Billion for Fund 2.0 News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49512/softbank-is-said-to-eye-another-100-billion-for-fund-20 The people said the planned fund would likely draw a wider pool of investors than the first one, in which most of the contributions came from sovereign wealth funds in Saudi Arabia and the United Arab Emirates. Bitcoin, Blockchain & AI Santander and Broadridge Complete a First Practical Use of Blockchain News Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49517/santander-and-broadridge-complete-a-first-practical-use-of-blockchain The participation for the new platform amounted to 21% of the total that participated in the AGM. Bitcoin, Blockchain & AI Crypto Wars Take Asia News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49494/crypto-wars-take-asia Some nations have embraced the cryptocurrencies sweeping across the eastern continent. Others are doing everything they can to block them. Bitcoin, Blockchain & AI Stellar and Monero added to deVere Crypto exchange due to public demand News Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49495/stellar-and-monero-added-to-devere-crypto-exchange-due-to-public-demand Nigel Green, founder and CEO of deVere Group, comments: “We’ve further expanded our offering on deVere Crypto to include Stellar and Monero due to clients demanding an even more extensive crypto portfolio. Bitcoin, Blockchain & AI Crypto Investment Bank Debuts in Hong Kong News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49485/crypto-investment-bank-debuts-in-hong-kong As the crypto market transitions from a wild casino to an emerging market, it represents a significant opportunity for financial intermediaries. Bitcoin, Blockchain & AI HSBC claims first trade-finance deal with blockchain News Aggregation Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49465/hsbc-claims-first-trade-finance-deal-with-blockchain Bank says letter of credit for Cargill opens door for technology in $9tn market Bitcoin, Blockchain & AI Clydesdale owner puts faith in digital banking for the future News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49537/clydesdale-owner-puts-faith-in-digital-banking-for-the-future CYBG’s digital brand B has already secured more than 170,000 customers and £1.6 billion in deposits. Mobile Banking Investing app enters Sipp market News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49529/investing-app-enters-sipp-market The pension product, however, will only accept transfers from defined contribution schemes. Mobile Banking Emirates NBD partners with top fintech platform News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49510/emirates-nbd-partners-with-top-fintech-platform Launched in 2017, CCRManager is a digital trade finance platform that connects various banks and financial institutions to originate and distribute trade assets. Mobile Banking HKMA to waive proof of income and address for online, mobile loans News Aggregation Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49443/hkma-to-waive-proof-of-income-and-address-for-online-mobile-loans Under a new guideline, banks can now collect other big data or information to fully access the credit risk of internet and phone applications Mobile Banking HSBC rolls out facial recognition for mobile News Aggregation Team Wednesday, May 09, 2018 1:00 am http://fintech-news.net/article/49421/hsbc-rolls-out-facial-recognition-for-mobile Customers in 24 countries who have an iPhone X can use feature to log into HSBCnet Mobile Banking HSBC launches Connected Money app News Aggregation Team Wednesday, May 09, 2018 1:00 am http://fintech-news.net/article/49424/hsbc-launches-connected-money-app Connected Money also has a spending analysis feature, shows customers how much money they will have after bills, and in-app messaging for insight into finances. Mobile Banking Samsung Pay launches UAE online payments option News Aggregation Team Tuesday, May 08, 2018 1:00 am http://fintech-news.net/article/49416/samsung-pay-launches-uae-online-payments-option UAE is the first country in the Middle East where Samsung Pay has been enabled Mobile Banking Digital wallet industry offers a blueprint for Digital wallet industry offers a blueprint for the future of bankinghe future of banking News Aggregation Team Sunday, April 29, 2018 1:00 am http://fintech-news.net/article/49340/digital-wallet-industry-offers-a-blueprint-for-digital-wallet-industry-offers-a-blueprint-for-the-future-of-bankinghe-future-of-banking Among emerging markets, China and India are leading the digital wallet revolution Mobile Banking Gruppo Banca Sella unit to acquire Vipera News Aggregation Team Monday, April 23, 2018 1:00 am http://fintech-news.net/article/49268/gruppo-banca-sella-unit-to-acquire-vipera SOFP was recently set up by Sella to act as a holding company for its fintech business, taking on the family-owned bank's POS, ecommerce and credit card acceptance business. Mobile Banking Ping An Good Doctor Starts Preparing $1.1 Billion Hong Kong IPO News Aggregation Team Sunday, April 22, 2018 1:00 am http://fintech-news.net/article/49258/ping-an-good-doctor-starts-preparing-11-billion-hong-kong-ipo Ping An Insurance’s technology units, including the OneConnect financial management portal, have been raising capital ahead of planned listings this year. Mobile Banking Funds fight to focus on Iris in UK's biggest software buyout deal News Aggregation Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49539/funds-fight-to-focus-on-iris-in-ukamp039s-biggest-software-buyout-deal Omers and ICG are vying to invest alongside Hg's Saturn fund in the UK's biggest-ever software sector buyout, Sky News learns. Comment & Analysis Private Equity’s Plan to Beat the Low-Cost Investing Robots News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49492/private-equityamprsquos-plan-to-beat-the-low-cost-investing-robots Under threat from automated rivals, financial advisers are getting bigger, and guess who’s there to profit from it all. Comment & Analysis What's better: robo-advisors or good old fashioned human beings? News Aggregation Team Sunday, May 13, 2018 1:00 am http://fintech-news.net/article/49458/whatamp039s-better-robo-advisors-or-good-old-fashioned-human-beings They go through a client’s risk assessment and then provide the client with access to a diversified investment program that’s quick to set up and done so at a low cost, generally lower than those associated with mutual funds. Comment & Analysis Robocalypse now? Don’t buy the panic over job-stealing AI News Aggregation Team Friday, May 11, 2018 1:00 am http://fintech-news.net/article/49450/robocalypse-now-donamprsquot-buy-the-panic-over-job-stealing-ai This concern over new technology has many of the classic characteristics of a moral panic. Comment & Analysis Former Goldman Sachs president predicts global cryptocurrency in the future, but not bitcoin News Aggregation Team Friday, May 11, 2018 1:00 am http://fintech-news.net/article/49451/former-goldman-sachs-president-predicts-global-cryptocurrency-in-the-future-but-not-bitcoin Bitcoin has been heavily criticised for its volatility, previously shady connections and sudden changes in value, something that has made many people oppose it. Comment & Analysis ‘Flipkart’s critical moment was when Binny became group CEO’ News Aggregation Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49444/amplsquoflipkartamprsquos-critical-moment-was-when-binny-became-group-ceoamprsquo Having pumped $616 million over a period of six years the conglomerate Comment & Analysis Andrew Thorburn explains the fintech forces reshaping NAB News Aggregation Team Monday, May 07, 2018 1:00 am http://fintech-news.net/article/49399/andrew-thorburn-explains-the-fintech-forces-reshaping-nab Like the tech giants themselves, NAB is pumping up technology spending with sums that would make wannabe disrupters salivate. Comment & Analysis Impact of technological advances highlighted at record breaking London conferences News Team Friday, April 27, 2018 1:00 am http://fintech-news.net/article/49326/impact-of-technological-advances-highlighted-at-record-breaking-london-conferences Concern was also voiced in the sessions that ultra-high-net-worth families were overwhelmed by the march of regulation and the increasing need for transparency at the expense of privacy. Comment & Analysis World Bank says service sector growth, digital investment could boost job growth in MENA region News Aggregation Team Thursday, April 26, 2018 1:00 am http://fintech-news.net/article/49311/world-bank-says-service-sector-growth-digital-investment-could-boost-job-growth-in-mena-region Countries in the region, which have an abundance of oil reserves, have long relied on oil revenues for economic growth. Comment & Analysis Robots will steal your wages but not your job, Barclays predicts News Aggregation Team Sunday, April 15, 2018 1:00 am http://fintech-news.net/article/49211/robots-will-steal-your-wages-but-not-your-job-barclays-predicts It will squash pay packets severely for years or even decades to come, a new report from Barclays has warned. Comment & Analysis The SEC created a fake ICO website to show just how easy it is to scam investors News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49518/the-sec-created-a-fake-ico-website-to-show-just-how-easy-it-is-to-scam-investors When users press the “Buy Coins Now” button, they are instead directed to page at another SEC site -- this one with investor education tools and tips. Cyber Security AdNovum: Partnership with NetGuardians News Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49508/adnovum-partnership-with-netguardians The sophisticated analyses allow NetGuardians' platform to identify potential fraud already while it is being prepared. Cyber Security Nomura, Ledger and Global Advisors Partner to Explore Building a Secure Digital Asset Custody Solution News Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49488/nomura-ledger-and-global-advisors-partner-to-explore-building-a-secure-digital-asset-custody-solution The custody offering will address challenges faced by investors entering the sector. Cyber Security Africa must be wary of a blockchain brain drain News Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49446/africa-must-be-wary-of-a-blockchain-brain-drain Africa set to benefit significantly from blockchain initiatives Cyber Security 'Machine on Machine War' the Future of Cybercrime News Aggregation Team Friday, May 04, 2018 1:00 am http://fintech-news.net/article/49393/amp039machine-on-machine-waramp039-the-future-of-cybercrime “Many defences are to stop unauthorised persons, if the person is in fact authorised, that gets them over the first two or three hurdles.” Cyber Security Australia's biggest bank admits data loss of 19m accounts News Aggregation Team Thursday, May 03, 2018 1:00 am http://fintech-news.net/article/49382/australiaamp039s-biggest-bank-admits-data-loss-of-19m-accounts PM Malcolm Turnbull called it ‘an extraordinary blunder’ Cyber Security Standard Bank leverages RiskIQ product suite to automate the defence of its digital presence News Aggregation Team Thursday, May 03, 2018 1:00 am http://fintech-news.net/article/49383/standard-bank-leverages-riskiq-product-suite-to-automate-the-defence-of-its-digital-presence RiskIQ now provides Standard Bank in-depth information about its digital assets and highlights potential risks Cyber Security Investment Association calls on money managers to collaborate on cybersecurity threats News Aggregation Team Wednesday, May 02, 2018 1:00 am http://fintech-news.net/article/49361/investment-association-calls-on-money-managers-to-collaborate-on-cybersecurity-threats The IA has also launched a cybersecurity committee, which will work with firms, regulators and public authorities to develop cybersecurity guidance. Cyber Security United States: Cybersecurity For Retirement Plans News Aggregation Team Tuesday, May 01, 2018 1:00 am http://fintech-news.net/article/49356/united-states-cybersecurity-for-retirement-plans The main areas of concern include the unauthorized exposure of participants' personal information, the theft of money from retirement accounts, and the infiltration of service provider systems. Cyber Security Humans Only: Cyborgs Sidelined For America's Cup News Team Monday, April 30, 2018 1:00 am http://fintech-news.net/article/49339/humans-only-cyborgs-sidelined-for-americaamp039s-cup Artificial Intelligence will, however, play a vital role in Emirates Team NZ’s defence bid. Cyber Security Soaring profits push global dividends to a first-quarter record News Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49542/soaring-profits-push-global-dividends-to-a-first-quarter-record The Janus Henderson Global Dividend Index ended the quarter at a record 174.2, meaning that global payouts last year were almost three-quarters higher than in 2009. Research The Economist Intelligence Unit launched a report on Global Retail Banking News Team Monday, May 21, 2018 1:00 am http://fintech-news.net/article/49550/the-economist-intelligence-unit-launched-a-report-on-global-retail-banking Retail bank executives are reviewing their digital strategies, with 61% developing niche propositions and others, to varying degrees, opening up and giving access to new third parties Research Bank to the future: how customer engagement technology is helping financial services seize competitive advantage News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49530/bank-to-the-future-how-customer-engagement-technology-is-helping-financial-services-seize-competitive-advantage Within such a highly competitive market, it is imperative that banks prioritise investing in a powerful digital communications platform that can efficiently resolve customer enquiries and provide additional product or service support. Research Online retail continues upward trajectory in April News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49531/online-retail-continues-upward-trajectory-in-april As shoppers have started to find themselves with a bit more disposable income in 2018, we are possibly witnessing an acceleration in the shift of shopper behaviour over to online. " Research IBM and Keio University Announce Collaborations with JSR, MUFG Bank, Mizuho Financial Group and Mitsubishi Chemical to Accelerate Quantum Computing in Japan News Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49514/ibm-and-keio-university-announce-collaborations-with-jsr-mufg-bank-mizuho-financial-group-and-mitsubishi-chemical-to-accelerate-quantum-computing-in-japan The combination of IBM Q's quantum hardware, software, and scientific expertise with Keio University's 20 years of quantum computing research is why JSR, MUFG Bank, Mizuho Financial Group, and Mitsubishi Chemical joined our IBM Q Hub. Research Asia Is Shifting Toward Digital Banking: McKinsey Survey News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49500/asia-is-shifting-toward-digital-banking-mckinsey-survey Customers prefer to use digital channels for simple transactions such as checking their bank account balance, peer-to-peer transfers or paying bills. Research As Digitization Raises the Stakes, Investment Banks Must Raise Their Games News Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49501/as-digitization-raises-the-stakes-investment-banks-must-raise-their-games Despite Recent Revenue Uptick, Continuing Migration to Digital Services and Business Models Is Pressuring Banks to Be More Client Centric, Attract Fresh Talent, and Become More Agile, Says Report by The Boston Consulting Group Research HNW investors favour fintech News Aggregation Team Tuesday, May 15, 2018 1:00 am http://fintech-news.net/article/49472/hnw-investors-favour-fintech “Our data shows that investors see real value in the companies operating in this space, and that they see a strong future for the UK fintech scene despite Brexit.” Research Automation in financial services News Aggregation Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49462/automation-in-financial-services Automation brings tangible benefits and a fast return on the investment made, says Ascent Software CEO Joseph Sultana. Research New research reveals the top contact centre technology trends over the next 12 months News Team Monday, May 14, 2018 1:00 am http://fintech-news.net/article/49468/new-research-reveals-the-top-contact-centre-technology-trends-over-the-next-12-months This was closely followed by chatbots and automation with 76 per cent and 55 per cent respectively stating that these technologies would experience the greatest growth in the next year. Research The innovation wave for banks by Profile Software News Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49527/the-innovation-wave-for-banks-by-profile-software Latest technology and methodologies are utilised in its digital banking offering with a number of successful implementations around the world. Innovation & Startups Aquila Heywood adopts Sunrise Software News Aggregation Team Friday, May 18, 2018 1:00 am http://fintech-news.net/article/49528/aquila-heywood-adopts-sunrise-software Moving forward, Sunrise ITSM is enabling service management to become more proactive, helping Aquila Heywood to differentiate itself in the market. Innovation & Startups Dubai Financial Services Authority Announces Fintech Innovation Testing Program Expansion News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49513/dubai-financial-services-authority-announces-fintech-innovation-testing-program-expansion The restricted financial services license allows qualifying FinTech firms to develop and test innovative concepts from within the DIFC, without being subject to the full regulatory requirements that normally apply to regulated firms. Innovation & Startups DFSA expands fintech innovation testing programme News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49511/dfsa-expands-fintech-innovation-testing-programme Over the next few weeks, the DFSA will work with the applicants to navigate the on-boarding process. Innovation & Startups Kuwait’s investment firm seeks SBP’s approval to sell its holdings in Meezan Bank News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49515/kuwaitamprsquos-investment-firm-seeks-sbpamprsquos-approval-to-sell-its-holdings-in-meezan-bank In this regard, Noor has requested Meezan Bank to approach the SBP for the unblocking of the Sale Shares to enable it to consummate the proposed transaction. Innovation & Startups PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49516/paypal-alpha-jwc-team-up-to-invest-in-southeast-asia-fintechs The company is in the process of raising $100 million for a second fund that will continue to invest in FinTechs in Southeast Asia as well as consumer-facing companies in the region. Innovation & Startups “Riding the Waves of Technology Innovation – The Nexus between Payments and Cybersecurity” News Aggregation Team Thursday, May 17, 2018 1:00 am http://fintech-news.net/article/49523/ampldquoriding-the-waves-of-technology-innovation-ampndash-the-nexus-between-payments-and-cybersecurityamprdquo There’s a shake-out happening in the fintech world. Innovation & Startups Avaloq opens state-of-the-art office and service facilities in Singapore News Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49499/avaloq-opens-state-of-the-art-office-and-service-facilities-in-singapore The pace of growth and the significant opportunities have fuelled the need for new facilities and an expansion of Avaloq’s local infrastructure. While Avaloq’s existing services premises in the Innovation & Startups Schwab ramps up RIA tech and digital innovation News Aggregation Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49433/schwab-ramps-up-ria-tech-and-digital-innovation Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs. Innovation & Startups Nomura and Hitotsubashi University Business School to Develop Financial Data Science Platform News Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49437/nomura-and-hitotsubashi-university-business-school-to-develop-financial-data-science-platform NAM’s Innovation Lab, established on October 1, 2017, to conduct research into innovative asset management technologies, will work together with HUB on the project. Innovation & Startups Deutsche Bank acquires Indian fintech company to help expand Open Banking News Aggregation Team Wednesday, May 16, 2018 1:00 am http://fintech-news.net/article/49498/deutsche-bank-acquires-indian-fintech-company-to-help-expand-open-banking The bank says theacquisition significantly ups the game for Deutsche Bank’s Open Banking strategy. Trading Platforms Jack Ma’s Ant Financial to snag Carlyle for $10bn fund-raising News Aggregation Team Sunday, May 13, 2018 1:00 am http://fintech-news.net/article/49460/jack-maamprsquos-ant-financial-to-snag-carlyle-for-10bn-fund-raising The funding will be mostly used for overseas expansion, the people said. Trading Platforms Future FinTech Announces Engagement with Dragon Gate Investment Partners News Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49436/future-fintech-announces-engagement-with-dragon-gate-investment-partners We believe that Dragon Gate will help us build and maintain an interactive and healthy investor relations. Trading Platforms Broadridge Acquires FundAssist News Team Thursday, May 10, 2018 1:00 am http://fintech-news.net/article/49442/broadridge-acquires-fundassist Arma Partners acted as financial and strategic advisor to FundAssist. Trading Platforms PwC Invests in Crypto Start-up News Team Tuesday, May 08, 2018 1:00 am http://fintech-news.net/article/49412/pwc-invests-in-crypto-start-up PwC Hong Kong is now in discussions with VeChain to provide trust based services on the VeChain platform. Trading Platforms WH Trading leverages QuantHouse for global market access News Team Tuesday, May 08, 2018 1:00 am http://fintech-news.net/article/49414/wh-trading-leverages-quanthouse-for-global-market-access Mike Madigan, CTO, WH Trading LLC, said, “We look to only deploy technology excellence and believe that trading performance can be mapped to the quality of trading infrastructures in place." Trading Platforms Thomson Reuters Moves to Enable Global Diversification for North American Wealth Management Firms News Team Friday, May 04, 2018 1:00 am http://fintech-news.net/article/49390/thomson-reuters-moves-to-enable-global-diversification-for-north-american-wealth-management-firms The fully integrated solution also provides real-time updates of intra-day transaction status changes throughout the lifecycle of the settlement, along with straight-through-processing enabled communication with global and local custodians. Trading Platforms Kina expands IRESS relationship News Aggregation Team Monday, April 30, 2018 1:00 am http://fintech-news.net/article/49337/kina-expands-iress-relationship Members will be able to conduct basic administration of their super fund such as viewing statements and accessing balance and transaction history. Trading Platforms Capgemini growth accelerates in Q1 2018 News Team Friday, April 27, 2018 1:00 am http://fintech-news.net/article/49328/capgemini-growth-accelerates-in-q1-2018 With more than 40% of our revenues coming from Digital and Cloud, we are committed to expanding our service offering in these areas. Trading Platforms Crown Agents Bank partners with online trading platform 360T News Aggregation Team Wednesday, April 25, 2018 1:00 am http://fintech-news.net/article/49304/crown-agents-bank-partners-with-online-trading-platform-360t Automated pricing helps clients save time in managing their currency hedging and risk exposures, and gain access to competitive prices on both major traded and emerging market currencies. Trading Platforms