Managers of Wealth - Fintech http://fintech-news.net/ Sun, 20 Sep 2020 15:53:10 BST part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP New Wealth to Grow Distribution in Indonesia News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60548/new-wealth-to-grow-distribution-in-indonesia CEO Löic Pitrou said the company is currently expanding its ability to deliver multiple digital finance projects in Indonesia to support the fast-growing digital savings and wealth management sector there. Wealth Technology Iress wins ‘Best Adviser Solution’ at the Goodacre virtual awards News Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60556/iress-wins-amplsquobest-adviser-solutionamprsquo-at-the-goodacre-virtual-awards The awards ceremony was held virtually for the first time in its 18-year history. Wealth Technology Wealth Managers need to ‘Democratize’ their Service to Thrive in the Hyper Personalized, Digital Banking ERA,Warns Avaloq News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60532/wealth-managers-need-to-amplsquodemocratizeamprsquo-their-service-to-thrive-in-the-hyper-personalized-digital-banking-erawarns-avaloq For Avaloq, these challenges can be traced back to four megatrends: wealth shifts, socio-behavioural changes, technological evolution and economic & monetary turmoil. Wealth Technology Brooks pledges to transform adviser experience News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60533/brooks-pledges-to-transform-adviser-experience “Our digital experience for advisers and clients - complementing our face-to-face relationships - will be market-leading.” Wealth Technology Fidelity Now Offers Even More Flexibility to Intermediary Clients News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60535/fidelity-now-offers-even-more-flexibility-to-intermediary-clients Fidelity invests billions of dollars annually in its technology enterprise-wide, leveraging its scale to develop new capabilities that help meet the distinct needs of each of its customers. Wealth Technology Crealogix recognised for “Best Client Self Service System” at Goodacre Financial Technology Awards 2020 News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60538/crealogix-recognised-for-ampldquobest-client-self-service-systemamprdquo-at-goodacre-financial-technology-awards-2020 The judging panel awarded CREALOGIX with the “Best Client Self Service System” award for its innovative digital wealth management products. Wealth Technology Refinitiv expands its digital capabilities for Wealth Managers News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60501/refinitiv-expands-its-digital-capabilities-for-wealth-managers Refinitiv continues its commitment to the Wealth Management industry with the launch of Refinitiv Digital Investor. Wealth Technology Tegra118 Partners With Wealth Access to Amplify Digital Experiences for Advisors and Investors News Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60509/tegra118-partners-with-wealth-access-to-amplify-digital-experiences-for-advisors-and-investors Through a new partnership with Wealth Access, Tegra118 is complementing its RetireUp solution with a new mobile-enabled digital client experience Wealth Technology TD Ameritrade Institutional’s Veo One® Wins 2020 Wealth Management Industry Award for Custodian Technology News Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60521/td-ameritrade-institutionalamprsquos-veo-oneampreg-wins-2020-wealth-management-industry-award-for-custodian-technology Model Market Center® secures its second Wealth Management Industry Award for outstanding achievement among investment-model marketplaces Wealth Technology Contemi Solutions Wins Best Corporate Actions Module Award for Second Year in a Row News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60482/contemi-solutions-wins-best-corporate-actions-module-award-for-second-year-in-a-row An examination of the key features of the preferred investment vehicle for many Japanese investors. Wealth Technology Backed by billionaire Simons, former bank CEO shifts to fintech News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60544/backed-by-billionaire-simons-former-bank-ceo-shifts-to-fintech “There’s an exceptional imbalance in the financial industry,” Russak-Aminoach said in an interview in Tel Aviv. Executive Moves Equinix appoints new managing director to lead Middle East and North Africa business News Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60497/equinix-appoints-new-managing-director-to-lead-middle-east-and-north-africa-business IT veteran Kamel Al-Tawil joins as MENA businesses seek to accelerate digital transformation and shift to the cloud Executive Moves SimCorp hires Jakob Højland as Commercial Director for Cloud Services News Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60513/simcorp-hires-jakob-hamposlashjland-as-commercial-director-for-cloud-services In this newly created role, Jakob will oversee the commercial aspect of SimCorp’s cloud transformation, which aims to complement the client experience and deliver global buy-side institutions with a complete offer, for their operational needs. Executive Moves Financial Technology Industry Veteran Signs up to Advise Fast-growing Consultancy News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60485/financial-technology-industry-veteran-signs-up-to-advise-fast-growing-consultancy Jeff has over 30 years’ experience in the financial services industry and has spent his career building and scaling up businesses, particularly in the financial technology space. Executive Moves Mediolanum Asset Management appoints Barry Noonan as CIO News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60487/mediolanum-asset-management-appoints-barry-noonan-as-cio The European asset management platform of Mediolanum Banking Group, Mediolanum International Funds Ltd (MIFL), has announced the appointment of Barry Noonan as its new Chief Information Officer. Executive Moves FTI Capital Advisors Strengthens Investment Banking Practice and Telecom, Media & Technology Expertise News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60493/fti-capital-advisors-strengthens-investment-banking-practice-and-telecom-media-ampamp-technology-expertise Mr. McCafferty works with clients on financial advisory, strategic consulting services, M&A (both sell-side and buy-side), private placements, valuation and restructuring assignments. Executive Moves Scalable Capital hires industry veteran as new CFO News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60494/scalable-capital-hires-industry-veteran-as-new-cfo The incoming CFO said: “For me, Scalable Capital is one of the most exciting fintechs in Europe.” Executive Moves Arcesium appoints new head of business development for Europe News Aggregation Team Friday, September 11, 2020 1:00 am http://fintech-news.net/article/60445/arcesium-appoints-new-head-of-business-development-for-europe "As we continue to grow and diversify our client base, we have seen a significant uptick of interest from the European market," says Gaurav Suri, chief executive officer of Arcesium. Executive Moves Hebron Announces Appointment of Chief Executive Officer News Team Thursday, September 10, 2020 1:00 am http://fintech-news.net/article/60407/hebron-announces-appointment-of-chief-executive-officer Previously, he served as Chairman and General Manager of Beijing Hengtai Puhui Information Services Executive Moves Piper Sandler Expands Technology Investment Banking With the Hiring of Prashanth Cherukuri News Team Thursday, September 10, 2020 1:00 am http://fintech-news.net/article/60411/piper-sandler-expands-technology-investment-banking-with-the-hiring-of-prashanth-cherukuri Prior to that, he was a vice president within the TMT investment banking group at Barclays, where he focused on semiconductors and adjacent emerging technologies (AI/robotics). Executive Moves Leaked EU draft proposes all-encompassing laws for crypto assets News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60551/leaked-eu-draft-proposes-all-encompassing-laws-for-crypto-assets The unknown is whether that may stifle this nascent and fast-moving space. Legal,Regulation,Tax & Compliance Scams and FSCS issues are symptomatic of supervisory failings says PIMFA at Select Committee inquiry News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60527/scams-and-fscs-issues-are-symptomatic-of-supervisory-failings-says-pimfa-at-select-committee-inquiry Mr Fassam said: “Every customer who finds themselves in need of the FSCS has had a poor outcome and an incredibly stressful experience; it is best for all if this can be avoided”. Legal,Regulation,Tax & Compliance Sesame launches tech solution to FCA mortgage rule News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60540/sesame-launches-tech-solution-to-fca-mortgage-rule The bespoke tech solution is available exclusively to the network’s advisers. Legal,Regulation,Tax & Compliance Japanese crypto exchange accuses Binance of helping launder $9M from 2018 hack News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60503/japanese-crypto-exchange-accuses-binance-of-helping-launder-9m-from-2018-hack Fisco alleged that since Binance was notified and had “actual knowledge” that the stolen funds were sent to its platform Legal,Regulation,Tax & Compliance Handelsbanken cuts jobs as almost half its branches to close News Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60505/handelsbanken-cuts-jobs-as-almost-half-its-branches-to-close This will be achieved through the granting of an even greater degree of decision-making authority and increased accessibility to specialist expertise, although in fewer locations. Legal,Regulation,Tax & Compliance NCR integrates Kasisto’s conversational AI into its digital banking technology News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60511/ncr-integrates-kasistoamprsquos-conversational-ai-into-its-digital-banking-technology Together, Kasisto and NCR’s technology intends to deliver a digital experience to all segments of the financial services industry that will assist customers, no matter where they are, what they need, or when they need it. Legal,Regulation,Tax & Compliance SEC Begins Regulation of Crypto-Currency Assets to Protect Investors News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60515/sec-begins-regulation-of-crypto-currency-assets-to-protect-investors Thus, the burden of proving that the crypto assets proposed to be offered are not securities and therefore not under the jurisdiction of the SEC, is placed on the issuer or sponsor of the said assets," it said. Legal,Regulation,Tax & Compliance New Bermuda Bank Taps Anchorage for Crypto Custody News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60520/new-bermuda-bank-taps-anchorage-for-crypto-custody Digital asset custody platform Anchorage is adding proposed Bermuda bank Jewel as a client. That may help crypto companies globally access traditional banking. Legal,Regulation,Tax & Compliance UK banks sign Fintech Pledge News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60474/uk-banks-sign-fintech-pledge Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms. Legal,Regulation,Tax & Compliance Smith & Williamson Selects Broadridge's Industry Leading Shareholder Rights Directive II Compliance Solution News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60477/smith-ampamp-williamson-selects-broadridgeamp039s-industry-leading-shareholder-rights-directive-ii-compliance-solution SRD II proxy solution will help Smith & Williamson to meet new EU regulatory requirements commencing September 2020 Legal,Regulation,Tax & Compliance Iris CRM and Conformance pair up for CRM integration News Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60560/iris-crm-and-conformance-pair-up-for-crm-integration Iris CRM customers will benefit tremendously from PreComm ToolKit in terms of operational efficiencies, reduced risk and enhanced revenues Retail Tech Absa commits to growing African trade with award-winning online platform News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60542/absa-commits-to-growing-african-trade-with-award-winning-online-platform The bank also won the regional award forBest Trade Finance Services. Retail Tech GTBank’s fintech ambitions could lead to a future billion-dollar IPO News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60476/gtbankamprsquos-fintech-ambitions-could-lead-to-a-future-billion-dollar-ipo It will operate Guaranty Trust Bank East Africa which will house the bank’s operations in Kenya, Rwanda, Uganda and Tanzania. Retail Tech London based money transfer app, PassTo, teams up with TrueLayer to offer seamless international payments News Team Monday, September 14, 2020 1:00 am http://fintech-news.net/article/60466/london-based-money-transfer-app-passto-teams-up-with-truelayer-to-offer-seamless-international-payments Powered by TrueLayer's Payments API, PassTo can now offer an improved user experience, streamlining the end to end process of depositing and transferring money. Retail Tech FNB’s digital platforms show resilience amid COVID-19 News Aggregation Team Friday, September 11, 2020 1:00 am http://fintech-news.net/article/60443/fnbamprsquos-digital-platforms-show-resilience-amid-covid-19 It is against this backdrop that the bank’s pre-tax profit declined 30%, mainly driven by a significant increase in credit impairments, says the bank. Retail Tech Qatar- Commercial Bank receives two awards from International Finance Magazine News Aggregation Team Thursday, September 10, 2020 1:00 am http://fintech-news.net/article/60414/qatar-commercial-bank-receives-two-awards-from-international-finance-magazine These two awards reflect the investment we have made in innovative digital technologies and our strategic focus on client experience. Retail Tech Revolut Rolls Out Core App Services in Japanese Market News Aggregation Team Wednesday, September 09, 2020 1:00 am http://fintech-news.net/article/60390/revolut-rolls-out-core-app-services-in-japanese-market Japan users are not allowed yet to make cryptocurrencies transaction or invest in the stock market. Retail Tech Boubyan Bank Commemorates 15th Anniversary with IDEMIA’s Exclusive Metal Cards News Team Tuesday, September 08, 2020 1:00 am http://fintech-news.net/article/60363/boubyan-bank-commemorates-15th-anniversary-with-idemiaamprsquos-exclusive-metal-cards Boubyan Bank chose IDEMIA, the industry leader for innovative metal card technology, to join forces and come up with their commemorative metal credit card. Retail Tech Mastercard, QDB partner to accelerate innovation among Qatar fintech community News Aggregation Team Tuesday, September 08, 2020 1:00 am http://fintech-news.net/article/60364/mastercard-qdb-partner-to-accelerate-innovation-among-qatar-fintech-community The partnership will also identify relevant companies for Mastercard’s start-up engagement programme, Start Path, opening market access for QFTH’s start-ups and Start Path companies – for mutual benefit. Retail Tech Finastra named a leader among Digital Banking Processing Platforms News Aggregation Team Monday, September 07, 2020 1:00 am http://fintech-news.net/article/60358/finastra-named-a-leader-among-digital-banking-processing-platforms Fusion Essence, Finastra’s retail banking solution, evaluated for its current offering, strategy and market presence Retail Tech Bermuda-Based Digital Asset Bank, Jewel, Partners With Crypto Custodian Anchorage News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60553/bermuda-based-digital-asset-bank-jewel-partners-with-crypto-custodian-anchorage Interestingly, Bermuda’s government is also one of the few authorities that accept tax payments in crypto, the USDC coin, to be specific. Bitcoin, Blockchain & AI The Bahamas Central Bank to Launch Its Digital Currency, the Sand Dollar, Next Month News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60554/the-bahamas-central-bank-to-launch-its-digital-currency-the-sand-dollar-next-month The Sand Dollar transfers will be made using a mobile-based wallet app on users' phones which will be much easier since more than 90% of the citizens use a mobile phone. Bitcoin, Blockchain & AI Decentralized Finance: evolving to optimize investment and maximize returns News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60555/decentralized-finance-evolving-to-optimize-investment-and-maximize-returns Decentralized finance uses smart contracts and blockchains to provide financial services previously only available from centralized regulated businesses. Bitcoin, Blockchain & AI New WealthTech Views Report: How Distributed Ledger Technology & Blockchain are shaping the future of wealth & asset management News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60557/new-wealthtech-views-report-how-distributed-ledger-technology-ampamp-blockchain-are-shaping-the-future-of-wealth-ampamp-asset-management The report was created because the wealth and asset management sector continues to face challenges due to the unstoppable digitalization that is threatening traditional business models in finance. Bitcoin, Blockchain & AI Bitcoin on its Solution to Turning into Credible Protected-Haven Asset, Says Investor News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60562/bitcoin-on-its-solution-to-turning-into-credible-protected-haven-asset-says-investor Inexperienced believes it’s only a matter of time earlier than bitcoin, the most important digital forex by market value, turns into a safe-haven. Bitcoin, Blockchain & AI Klarna becomes Europe’s biggest fintech unicorn at over $10 billion valuation after mega-round News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60498/klarna-becomes-europeamprsquos-biggest-fintech-unicorn-at-over-10-billion-valuation-after-mega-round Klarna nearly doubled its prior valuation in the new $650 million round, led by Silver Lake Partners, from $5.5 billion to $10.6 billion. Bitcoin, Blockchain & AI What Family Offices Should Consider When Investing In Digital Assets Such As Cryptocurrencies News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60506/what-family-offices-should-consider-when-investing-in-digital-assets-such-as-cryptocurrencies Bitcoin, whose value increased from zero to $10,000 in the last 10 years, along with other cryptocurrencies, can generate yields between 7% to 12% through open finance products Bitcoin, Blockchain & AI How Much Institutional Money Is In Bitcoin? News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60522/how-much-institutional-money-is-in-bitcoin The state of the market, however, has changed in recent times. Bitcoin, Blockchain & AI Citigroup Partners With Wayfair to Offer 2 Credit Cards News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60475/citigroup-partners-with-wayfair-to-offer-2-credit-cards Notably, these cards have no annual fee or expiration for rewards earned. Also, cardholders will receive $40 off their first qualifying Wayfair purchase of $250 or more. Bitcoin, Blockchain & AI Blockchain proposals presented to US Congress with consumer tech bill News Aggregation Team Monday, September 14, 2020 1:00 am http://fintech-news.net/article/60457/blockchain-proposals-presented-to-us-congress-with-consumer-tech-bill In particular, the law will look to identify and tackle “deceptive practices” in digital currency, including the sale of misleading or valueless digital tokens. Bitcoin, Blockchain & AI OPay and WorldRemit partner to offer International Mobile Money Transfer Service News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60549/opay-and-worldremit-partner-to-offer-international-mobile-money-transfer-service Partnership ensures customers continue to make affordable money transfers to family and friends. Mobile Banking How Covid-19 is catalysing race for e-banking News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60541/how-covid-19-is-catalysing-race-for-e-banking Nairobi County registered the highest decrease with the number of physical banking outlets dropping by 11 branches. Mobile Banking StanChart: Cashless World by 2030? News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60502/stanchart-cashless-world-by-2030 According to 64 percent of respondents, the coronavirus has made them more positive about online shopping. Mobile Banking Nedbank launches updated Money App Lite News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60514/nedbank-launches-updated-money-app-lite The Nedbank Money App Lite is a progressive web app, which means it never has to be updated. Mobile Banking BEA UnionPay Debit Cards Linked to UnionPay App News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60472/bea-unionpay-debit-cards-linked-to-unionpay-app Greater convenience in mobile payments across the GBA Mobile Banking Australia Ranks 18th on 'Cheapest Tech' List News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60473/australia-ranks-18th-on-amp039cheapest-techamp039-list CommSec has maintained its iPod, iPad and iPhone indexes since January 2007 Mobile Banking Just Wallet Launches Its Debut Challenger Bank Technology Update News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60492/just-wallet-launches-its-debut-challenger-bank-technology-update As a convenient and accessible finance service, Just Wallet provides users an effortless experience with prime navigational features and capability tools. Mobile Banking Switzerland’s Credit Suisse to Introduce App-only Banking Services to Compete with Fintech Challengers News Aggregation Team Monday, September 14, 2020 1:00 am http://fintech-news.net/article/60454/switzerlandamprsquos-credit-suisse-to-introduce-app-only-banking-services-to-compete-with-fintech-challengers Credit Suisse Plans New “CSX” Digital Banking Offering Mobile Banking HSBC Life, AIA, BOC Life among Hong Kong insurers expanding online sales channels, medical products as pandemic causes worst slump on record News Aggregation Team Sunday, September 13, 2020 1:00 am http://fintech-news.net/article/60448/hsbc-life-aia-boc-life-among-hong-kong-insurers-expanding-online-sales-channels-medical-products-as-pandemic-causes-worst-slump-on-record Coronavirus travel restrictions have prevented mainlanders visiting Hong Kong to buy the policies. Mobile Banking S&P to PH banks: Step up digitally News Team Sunday, September 13, 2020 1:00 am http://fintech-news.net/article/60449/sampampp-to-ph-banks-step-up-digitally S&P also believes digital banks would compete for the mass-affluent market if they provide better and cheaper products and services. Mobile Banking Benefit from Open Banking – it’s all a question of APIs News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60546/benefit-from-open-banking-ampndash-itamprsquos-all-a-question-of-apis In the European Union, PSD2 mandates that banks allow third party providers access to accounts at the customer’s request. Comment & Analysis The future of tech is female News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60499/the-future-of-tech-is-female Artificial intelligence and game technology are advancing by the day – and women are at the forefront of this progress Comment & Analysis It’s all about the data: how to prepare for the future of banking News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60512/itamprsquos-all-about-the-data-how-to-prepare-for-the-future-of-banking The first lesson learned is that legacy systems and thinking can create barriers, both because data needs to be exchanged between open networks and closed banking systems and because institutions have leaned towards caution and protectiveness in the past. Comment & Analysis UK banks outperform Europe in reducing card fraud News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60518/uk-banks-outperform-europe-in-reducing-card-fraud UK banks saw the largest single reduction of card fraud losses last year, down eight percent from 2018, according to a recent report. Comment & Analysis The CEOs of Chewy and Honeywell talk digital transformation News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60478/the-ceos-of-chewy-and-honeywell-talk-digital-transformation For Honeywell, that looks like new office automation tools and a gamble on quantum computing, while for Chewy, it's the company's first fully-automated factory. Comment & Analysis German fintech Monedo files for bankruptcy News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60479/german-fintech-monedo-files-for-bankruptcy A German fintech once backed by PayPal investor Peter Thiel, has filed for bankruptcy after failing to recover from the economic effects of the Coronavirus pandemic. Comment & Analysis How young African tech entrepreneurs can accelerate development across continent News Aggregation Team Sunday, September 13, 2020 1:00 am http://fintech-news.net/article/60452/how-young-african-tech-entrepreneurs-can-accelerate-development-across-continent With such widespread interest, effort must be invested into unleashing Africa’s true potential, with its young entrepreneurs at the forefront of creating this transformation. Comment & Analysis Fintech funding in Asia-Pacific saw spike in 2Q, led by Southeast Asia News Aggregation Team Friday, September 11, 2020 1:00 am http://fintech-news.net/article/60436/fintech-funding-in-asia-pacific-saw-spike-in-2q-led-by-southeast-asia Fintech investments in India declined 38% to US$339 million in the second quarter as the government continued to scrutinise and clamp down on foreign investments. Comment & Analysis 75% of businesses are more likely to join a fully digital bank News Team Thursday, September 10, 2020 1:00 am http://fintech-news.net/article/60410/75-of-businesses-are-more-likely-to-join-a-fully-digital-bank The data, which was obtained via a survey of 200 senior business decision-makers in large and medium sized UK companies conducted by independent polling company Censuswide Comment & Analysis Banking is on the cusp of an explainable AI revolution News Aggregation Team Thursday, September 10, 2020 1:00 am http://fintech-news.net/article/60412/banking-is-on-the-cusp-of-an-explainable-ai-revolution The latest survey on AI from Microsoft and EY found that an unsurprising “65% of organisations in Europe expect AI to have a high or a very high impact on the core business.” Comment & Analysis Cyber threat to disrupt start of university term News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60531/cyber-threat-to-disrupt-start-of-university-term The cyber-security body, part of the GCHQ intelligence agency, says such attacks can have a "devastating impact" and take weeks or months to put right. Cyber Security Hackers target business owners with Covid-19 VAT deferral scam News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60536/hackers-target-business-owners-with-covid-19-vat-deferral-scam In fact, we recently observed a 667% spike in coronavirus-related spear-phishing attacks from February compared to March, during the start of the UK’s lockdown. Cyber Security Combating Fraud in Banking Industry News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60504/combating-fraud-in-banking-industry In recent times, the activities of fraudsters have increased and the banking sector is grappling with efforts to tackle this menace headlong. Cyber Security Concerns and anxieties over financial scams increase due to impact of pandemic News Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60486/concerns-and-anxieties-over-financial-scams-increase-due-to-impact-of-pandemic The data reveals the situation is getting worse as the pandemic continues Cyber Security Banks and fintech firms using tech firms to fight deepfake fraud News Aggregation Team Tuesday, September 08, 2020 1:00 am http://fintech-news.net/article/60370/banks-and-fintech-firms-using-tech-firms-to-fight-deepfake-fraud Mitek and iProov technology is being used by a number of banking firms as concern grows over online fraud Cyber Security Working-from-home lessons: employees 'confidently' make 90% of all security awareness mistakes News Team Tuesday, September 08, 2020 1:00 am http://fintech-news.net/article/60379/working-from-home-lessons-employees-amp039confidentlyamp039-make-90-of-all-security-awareness-mistakes However, even when learners were wrong, they mostly remained confident in their competences Cyber Security Preventing cybercrimes News Aggregation Team Monday, September 07, 2020 1:00 am http://fintech-news.net/article/60359/preventing-cybercrimes Since theft is mostly about money, banks are among the favorite targets of crack international syndicates employing the latest technology for their crimes. Cyber Security Fintech Partners Plan Cybersecurity Platform News Aggregation Team Friday, September 04, 2020 1:00 am http://fintech-news.net/article/60321/fintech-partners-plan-cybersecurity-platform the @-WISE Cybersecurity Centre of Excellence in Singapore aims to grow and groom cybersecurity talents. Cyber Security SWIFT Details How Cyber Criminals Encash Stolen Funds News Aggregation Team Friday, September 04, 2020 1:00 am http://fintech-news.net/article/60320/swift-details-how-cyber-criminals-encash-stolen-funds In a new report, SWIFT and BAE Systems reveal how cyber attackers launder money and ‘cash out’ following large-scale heists. Cyber Security Kenya Is Africa’s Easiest Target For Cyber Attackers News Aggregation Team Friday, September 04, 2020 1:00 am http://fintech-news.net/article/60329/kenya-is-africaamprsquos-easiest-target-for-cyber-attackers Nevertheless, a new study by Kaspersky suggests that Kenya is now Africa’s easiest target for cyber gangs. Cyber Security Five Digital Banking Challenges that can be Solved with Customer-Centricity News Aggregation Team Tuesday, September 08, 2020 1:00 am http://fintech-news.net/article/60376/five-digital-banking-challenges-that-can-be-solved-with-customer-centricity Only 19% of companies have a team of customer experience specialists that would help to bridge this gap between the customer expectations and the businesses. Research First Bank tops as Nigerian banks record lower E-business income News Aggregation Team Tuesday, September 08, 2020 1:00 am http://fintech-news.net/article/60377/first-bank-tops-as-nigerian-banks-record-lower-e-business-income The FUGAZ generated a sum of N67.3 billion from electronic business during their half-year 2020. Research SS&C GlobeOp Forward Redemption Indicator: August notifications 3.08% News Team Sunday, August 23, 2020 1:00 am http://fintech-news.net/article/60133/ssampampc-globeop-forward-redemption-indicator-august-notifications-308 The next publication date is September 22, 2020. Research Advisers’ DFM use set to increase by 20%, Nucleus census finds News Team Monday, June 29, 2020 1:00 am http://fintech-news.net/article/59279/advisersamprsquo-dfm-use-set-to-increase-by-20-nucleus-census-finds This year’s census suggests advisers are looking to outsource investment decision-making in a variety of ways. Research Brits set to accumulate £75bn in lockdown as new ‘money revolution’ begins News Team Monday, June 29, 2020 1:00 am http://fintech-news.net/article/59281/brits-set-to-accumulate-amppound75bn-in-lockdown-as-new-amplsquomoney-revolutionamprsquo-begins Lockdown has also led to an explosion in the use of digital banking platforms, the research shows. Research Global Cloud IT infrastructure spending will touch $70bn this year News Aggregation Team Tuesday, May 26, 2020 1:00 am http://fintech-news.net/article/58768/global-cloud-it-infrastructure-spending-will-touch-70bn-this-year Today, billions of people use personal cloud storage to manage and store private data. Research Gartner Says COVID-19 Related Cost Cuts Could Damage Long-Term Growth Prospects for CFOs News Team Wednesday, May 06, 2020 1:00 am http://fintech-news.net/article/58479/gartner-says-covid-19-related-cost-cuts-could-damage-long-term-growth-prospects-for-cfos CFO Success in Navigating Previous Crises Started with Differentiated View of Cost Management Research MEA Retail Banks are the Strongest Believers in a Cashless Society, Prioritizing Digitalization to Drive Financial Inclusion: Study News Team Tuesday, May 05, 2020 1:00 am http://fintech-news.net/article/58449/mea-retail-banks-are-the-strongest-believers-in-a-cashless-society-prioritizing-digitalization-to-drive-financial-inclusion-study Middle East and Africa (MEA) retail banks believe delaying digitalization poses genuine threats to their business models Research 9.5m Nigerians Use Our USSD Banking Service, Says FirstBank News Aggregation Team Friday, May 01, 2020 1:00 am http://fintech-news.net/article/58413/95m-nigerians-use-our-ussd-banking-service-says-firstbank At FirstBank, we are excited about the impact our innovative solutions are making in the Nigerian payment landscape. Research Fintech sector poised for long-term gain from the Coronavirus pandemic News Aggregation Team Tuesday, April 28, 2020 1:00 am http://fintech-news.net/article/58346/fintech-sector-poised-for-long-term-gain-from-the-coronavirus-pandemic The forced exposure of consumers to digital products and services due to the lockdown will give a fillip to the fintech sector in the long-run Research Wirecard: The Biggest FinTech Success and Failure Story of All Time News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60547/wirecard-the-biggest-fintech-success-and-failure-story-of-all-time As early as 2015, a Financial Times blog questioned Wirecard’s business model and accounting practices. Innovation & Startups The fintech barbarians are no longer at the gate - they’ve been invited inside News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60559/the-fintech-barbarians-are-no-longer-at-the-gate-theyamprsquove-been-invited-inside The success of fintech has made banking better. Innovation & Startups Hong Kong virtual bank Za implements Accuity screening tech News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60561/hong-kong-virtual-bank-za-implements-accuity-screening-tech More importantly, the bank needs to maintain a high level of efficiency when handling account openings, loan applications and payments. Innovation & Startups Netwealth partners with Xeppo News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60524/netwealth-partners-with-xeppo The aim of the investment was to enable key initiatives Netwealth had previously announced and was expected to create a unique and market-leading proposition for multi-disciplinary and integrated wealth practices. Innovation & Startups Investor appetite in Middle East’s FinTech sector remains strong News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60525/investor-appetite-in-middle-eastamprsquos-fintech-sector-remains-strong An upshot from the crisis and the resultant lockdown has been that consumers across the world have developed a preference for mobile-based transactions, as most things had to be done from within the confines of their home. Innovation & Startups How Dubai is shaping up to be the new Silicon Valley for Indian techies News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60526/how-dubai-is-shaping-up-to-be-the-new-silicon-valley-for-indian-techies Growing trend of Indian firms working for UAE companies is reflected in the changing working week from Sunday to Thursday Innovation & Startups Hong Kong's Blue Creek Selects SS&C Technologies News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60528/hong-kongamp039s-blue-creek-selects-ssampampc-technologies When we set out to launch our fund, we sought an all-in-one, easy-to-use solution that we could access from anywhere in the world," said Joseph Zhang Innovation & Startups Clarien and BE Solar team up on financing News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60529/clarien-and-be-solar-team-up-on-financing The people of Bermuda now have a simple and straightforward way to invest in high-quality and reliable systems that are designed to create long term energy savings for decades. Innovation & Startups Myanmar plans to launch second exchange or pre-listing board, report says News Aggregation Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60530/myanmar-plans-to-launch-second-exchange-or-pre-listing-board-report-says “Most public companies do not meet the criteria for listing on the Yangon Stock Exchange. So, a pre-listing board will be established to fill this gap,” Mr. Win says in a report by the Myanmar Times on September 15. Innovation & Startups SS&C Launches Accredited Financial Services Education Library News Team Thursday, September 17, 2020 1:00 am http://fintech-news.net/article/60534/ssampampc-launches-accredited-financial-services-education-library SS&C Learning Institute’s new digital library, GAMMA, powers continuing education remotely for clients Innovation & Startups Leeds BS launches new intermediary mortgage platform News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60552/leeds-bs-launches-new-intermediary-mortgage-platform The platform is being rolled out to the market over the coming weeks in a phased approach. Trading Platforms TAMM launches second phase of ‘Abu Dhabi Pay’ platform News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60507/tamm-launches-second-phase-of-amplsquoabu-dhabi-payamprsquo-platform Residents and citizens now able to use ‘payit’, the popular digital wallet application Trading Platforms Iress appointed mandate News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60508/iress-appointed-mandate We have had a great experience working with Iress to get the right software and systems in place to make this a success. Trading Platforms Standard Chartered introduces Amazon instalment payment programme News Aggregation Team Friday, September 11, 2020 1:00 am http://fintech-news.net/article/60431/standard-chartered-introduces-amazon-instalment-payment-programme Standard Chartered has launched a new instalment payment offering for customers shopping on Amazon in the UAE. Trading Platforms Chubb Launches Chubb Studio(SM), Simplifying Digital Partner Integration News Team Wednesday, September 09, 2020 1:00 am http://fintech-news.net/article/60389/chubb-launches-chubb-studiosm-simplifying-digital-partner-integration Chubb Studio provides significant speed-to-market for our partners and offers a secure and scalable platform with multiple APIs to simplify the process. Trading Platforms Finastra named a leader among Digital Banking Processing Platforms by independent research firm News Team Friday, September 04, 2020 1:00 am http://fintech-news.net/article/60328/finastra-named-a-leader-among-digital-banking-processing-platforms-by-independent-research-firm Fusion Essence, Finastra's retail banking solution, evaluated for its current offering, strategy and market presence Trading Platforms Saudi Stock Exchange taps Nasdaq tech for derivatives market and clearinghouse News Aggregation Team Tuesday, September 01, 2020 1:00 am http://fintech-news.net/article/60257/saudi-stock-exchange-taps-nasdaq-tech-for-derivatives-market-and-clearinghouse This new market offering provides regional and international investors the necessary hedging tools to manage risk, and to expand exposure opportunities to one of the largest and most liquid markets in the world, the Saudi market. Trading Platforms Digital commodities exchange Emirex introduces Bitcoin SV trading pairs News Team Friday, August 28, 2020 1:00 am http://fintech-news.net/article/60230/digital-commodities-exchange-emirex-introduces-bitcoin-sv-trading-pairs While strategically based out of the Middle East, the Emirex platform is truly global, offering investors and traders alike an easy avenue to acquire and trade digital commodities – including Bitcoin SV - within a regulatory compliant environment. Trading Platforms Standard Bank acquires 35% stake in South African Fintech TradeSafe News Aggregation Team Wednesday, August 26, 2020 1:00 am http://fintech-news.net/article/60193/standard-bank-acquires-35-stake-in-south-african-fintech-tradesafe TradeSafe Escrow received an undisclosed amount of funding in return for 35% stake Trading Platforms Ezi-Web Bundaberg launches new datacentre News Aggregation Team Monday, August 24, 2020 1:00 am http://fintech-news.net/article/60153/ezi-web-bundaberg-launches-new-datacentre This service is on offer to all businesses, not just the bigger ones, but the smaller ones also that have critical information on their databases. Trading Platforms JPMorgan and the "electronification of everything" News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60550/jpmorgan-and-the-ampquotelectronification-of-everythingampquot “We have always thought it was vital to invest in technology infrastructure – and that will be even more of a priority in future.” Hedge Fund Technology Pru and FNZ back legacy platform Legado News Aggregation Team Friday, September 18, 2020 1:00 am http://fintech-news.net/article/60558/pru-and-fnz-back-legacy-platform-legado “Legado will be available on the FNZ App Store we have developed for platform customers.” Hedge Fund Technology In a bid to cut costs and emissions, a multi-billion pound infrastructure project pilots artificial intelligence tech News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60500/in-a-bid-to-cut-costs-and-emissions-a-multi-billion-pound-infrastructure-project-pilots-artificial-intelligence-tech As technology develops and construction projects attempt to become more efficient and sustainable, the use of technological innovations looks set to become increasingly important. Hedge Fund Technology Kenya Bankers Association, Huawei ink partnership to promote tech-driven financial inclusion News Aggregation Team Wednesday, September 16, 2020 1:00 am http://fintech-news.net/article/60516/kenya-bankers-association-huawei-ink-partnership-to-promote-tech-driven-financial-inclusion Kenya Bankers Association CEO Dr. Habil Olaka and Huawei Kenya Chief Executive Officer Mr. Will Meng during the signing a memorandum of understanding. Under the agreement, the two organizations will organize financial ICT-related activities. Hedge Fund Technology Upstart fintech company looks to strengthen female entrepreneurship in ASEAN News Aggregation Team Tuesday, September 15, 2020 1:00 am http://fintech-news.net/article/60480/upstart-fintech-company-looks-to-strengthen-female-entrepreneurship-in-asean In Southeast Asia, gendered disparities exist throughout the private sector, including within larger corporations and small and medium-sized enterprises (SMEs). Hedge Fund Technology ECB explores digital euro: state backing essential for trust in payments, money News Aggregation Team Monday, September 14, 2020 1:00 am http://fintech-news.net/article/60470/ecb-explores-digital-euro-state-backing-essential-for-trust-in-payments-money Lagarde acknowledged that digital wholesale money is not new, but the technology to be used to make financial transactions more efficient will be. Hedge Fund Technology European fintechs are dipping their toes into Asia — but it’s not for the faint hearted News Aggregation Team Friday, September 11, 2020 1:00 am http://fintech-news.net/article/60434/european-fintechs-are-dipping-their-toes-into-asia-ampmdash-but-itamprsquos-not-for-the-faint-hearted European fintechs are now eyeing central and south-east Asia as their global hubs. Can they crack it? Hedge Fund Technology Zudy, the Leader in Rapid Digital Transformation, Announces Asian Expansion News Aggregation Team Friday, September 11, 2020 1:00 am http://fintech-news.net/article/60435/zudy-the-leader-in-rapid-digital-transformation-announces-asian-expansion Lim leads the expansion of Zudy’s presence in Asia; helping businesses of all sizes seize the opportunity of using a low-code development platform to unlock their business potential and stay competitive in the market. Hedge Fund Technology Singapore robo adviser Syfe eyes regional expansion News Aggregation Team Wednesday, September 02, 2020 1:00 am http://fintech-news.net/article/60279/singapore-robo-adviser-syfe-eyes-regional-expansion The national savings rate in many Asian countries is well over 25%, and nearly double that in China, Singapore and Philippines. That’s in sharp contrast to Western nations; the savings rate in the US and many European countries is less than 20%. Hedge Fund Technology Digital bank ‘mafia’: Monzo and Revolut employees who have become founders News Aggregation Team Wednesday, September 02, 2020 1:00 am http://fintech-news.net/article/60280/digital-bank-amplsquomafiaamprsquo-monzo-and-revolut-employees-who-have-become-founders Meet the former employees from Monzo and Revolut who are now founders themselves Hedge Fund Technology Government of Bermuda Pilots Stimulus Token in Response to COVID Crisis News Aggregation Team Tuesday, September 01, 2020 1:00 am http://fintech-news.net/article/60273/government-of-bermuda-pilots-stimulus-token-in-response-to-covid-crisis “Our ultimate goal is to get a wallet on every phone in Bermuda,” Denis Pitcher, chief fintech advisor to the Premier of Bermuda, told CoinDesk. Covid-19 New Paradigm for Business of Data News Team Thursday, July 30, 2020 1:00 am http://fintech-news.net/article/59786/new-paradigm-for-business-of-data And it seems clear that our future will be increasingly digital. Covid-19 US advisers consider platform consolidation amid covid-19 correction News Aggregation Team Friday, July 24, 2020 1:00 am http://fintech-news.net/article/59690/us-advisers-consider-platform-consolidation-amid-covid-19-correction In 2020, the percentage of firms planning to integrate all of their managed account platforms onto a single architecture dropped from 57% to 50%. Covid-19 Leonteq Hit by Corona News Aggregation Team Thursday, July 23, 2020 1:00 am http://fintech-news.net/article/59661/leonteq-hit-by-corona Leonteq said it will keep investing strategically, and reiterated that it expects to spend roughly 200 million francs this year. Covid-19 COVID-19 will result in a permanent increase in compliance risk News Team Monday, July 20, 2020 1:00 am http://fintech-news.net/article/59600/covid-19-will-result-in-a-permanent-increase-in-compliance-risk COVID-19 will have a lasting impact on the way businesses approach compliance. Covid-19 Covid-19 sparks digital banking rush in Nigeria News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59463/covid-19-sparks-digital-banking-rush-in-nigeria Many customers who previously avoided e-payment services are being converted following the Covid-19 induced lockdown. Michael Nwadike reports from Lagos Festus Charles, a 45-year old factory worker based in Lagos, used to have nothing but disdain for e-b Covid-19 What Will COVID-19 Do To Banking? News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59458/what-will-covid-19-do-to-banking Medium-size banks will suffer because they will find it difficult to generate the cost efficiencies and IT investment needed in the new environment. Covid-19 Managing credit risk during a global pandemic—key considerations and best practices News Team Sunday, June 28, 2020 1:00 am http://fintech-news.net/article/59269/managing-credit-risk-during-a-global-pandemicampmdashkey-considerations-and-best-practices Perhaps this reflects the more sobering realities of the severe impacts the economic shutdown has had on global output and employment, and expected levels of bad debt and credit losses likely to accrue to existing bank balance sheets. Covid-19 Openwork gains 100 advisers in lockdown boost News Aggregation Team Tuesday, June 23, 2020 1:00 am http://fintech-news.net/article/59194/openwork-gains-100-advisers-in-lockdown-boost "The threat remains but as lockdown measures are slowly eased across the UK, it is important that we not only reflect on the past 100 days but also begin to look forward. Covid-19 The COVID-19 pandemic: How it’s impacting asset management sales teams News Team Monday, June 22, 2020 1:00 am http://fintech-news.net/article/59160/the-covid-19-pandemic-how-itamprsquos-impacting-asset-management-sales-teams Prospecting has been more challenging. Covid-19