Fintech News http://fintech-news.net/ Sat, 21 Jul 2018 22:13:11 BST part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Fintech News KohanaPHP Catalyst Development adds partner in asset and wealth management practice News Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50158/catalyst-development-adds-partner-in-asset-and-wealth-management-practice Catalyst has announced the appointment of Clare Vincent-Silk as a Partner within its asset and wealth management practice. Wealth Technology Profile Software upgrades Axia 2.0 News Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50159/profile-software-upgrades-axia-20 Through the long standing partnership with Microsoft, Axia, the upgraded investment management platform has gone live using Microsoft Azure PaaS and IaaS resources. Wealth Technology Cognizant Helps Swiss private bank transform next generation of core banking capabilities News Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50162/cognizant-helps-swiss-private-bank-transform-next-generation-of-core-banking-capabilities We are witnessing a fundamental shift in how our customers prefer to engage with us Wealth Technology Taking a hedge fund mentality to online wealth management News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50128/taking-a-hedge-fund-mentality-to-online-wealth-management Negativity around robo and investment technology a few years ago prompted former hedge fund executives Ian Cadby and Jonathan Wauton to get into the online wealth management space, culminating in the launch of platform Tiller on Monday. Wealth Technology Online wealth manager Tiller launches News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50133/online-wealth-manager-tiller-launches The platform is powered by SEI investments’ comprehensive operating platform designed to support sophisticated wealth managers and private banks. Wealth Technology Hedgie robo targets institutional and private client cash News Aggregation Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50121/hedgie-robo-targets-institutional-and-private-client-cash The minimum investment for private clients is £10,000. Wealth Technology Temenos extends contract with Northern Trust News Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50127/temenos-extends-contract-with-northern-trust At Northern Trust we are committed to evolving our services and solutions to best support our clients’ requirements Wealth Technology 10 tips for banks bridging the digital divide in wealth management News Aggregation Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50130/10-tips-for-banks-bridging-the-digital-divide-in-wealth-management The following are 10 tips for bringing together digital banking and financial advice to make banks more competitive. Wealth Technology Comdirect offloads ebase to FNZ for EUR151 million News Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50099/comdirect-offloads-ebase-to-fnz-for-eur151-million Significant transaction to accelerate FNZ’s goal of being the leading provider of B2B wealth management platforms in Europe Wealth Technology Smith & Williamson to overhaul technology before float News Aggregation Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50105/smith-ampamp-williamson-to-overhaul-technology-before-float The financial resources are certainly there for us to do the technology upgrade properly Wealth Technology trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk News Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50167/tradeio-appoints-banking-veteran-david-hannigan-to-run-otc-desk trade.io’s CEO Jim Preissler said, “We’re very lucky to have someone with David’s experience lead the risk management team and spearhead our OTC Desk." Executive Moves Calmejane quits Lloyds Bank to join SocGen News Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50155/calmejane-quits-lloyds-bank-to-join-socgen At SocGen, Calmejane's mission will be to foster the innovation culture and identify new business developments and services for customers. Executive Moves Ex-Pensions Minister Altmann to chair fintech firm News Aggregation Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50156/ex-pensions-minister-altmann-to-chair-fintech-firm Baroness Altmann said: “When I first met pensionsync it was clear they have developed something unique and valuable, yet too few people are aware of it." Executive Moves Oppenheimer Expands Its Financial Technology Expertise With New Managing Director News Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50147/oppenheimer-expands-its-financial-technology-expertise-with-new-managing-director Oppenheimer's continued investment in areas of significant new company formation such as FinTech demonstrates our commitment to connecting the emerging cohorts of value-creating private companies to durable sources of growth capital and strategic par Executive Moves Santander appoints blockchain head Whelan to new 'Digital Invesment Banking' team News Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50137/santander-appoints-blockchain-head-whelan-to-new-amp039digital-invesment-bankingamp039-team The team’s aim is to ensure Santander is utilizing the latest technologies to bring the best possible bespoke solutions to clients, including exploring the use of tokenized securities in debt capital markets, derivatives and other products. Executive Moves Fonetic appoints investment banking stalwarts to new advisory board News Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50139/fonetic-appoints-investment-banking-stalwarts-to-new-advisory-board The purpose of the advisory board is to ensure each solution that Fonetic develops has industry relevance and leverages each board member´s market exposure and regulatory and trading floor expertise. Executive Moves Synechron strengthens UK team News Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50124/synechron-strengthens-uk-team The announcement follows Synechron being named as one of the Best Places to Work in 2018 as well as the launch of its Social Awareness Campaign #ItTakesAllTypes which promotes diversity and inclusion in the workplace. Executive Moves Ripple has announced two big changes News Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50101/ripple-has-announced-two-big-changes Separately, Kahina Van Dyke has joined Ripple as our senior vice president, Business and Corporate Development. Executive Moves Equisoft appoints Business Development Manager for Wealth Management Solutions, USA News Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50063/equisoft-appoints-business-development-manager-for-wealth-management-solutions-usa Shawn will be responsible for driving growth of Equisoft's WealthElementsTM solutions in the USA through the pursuit of new business opportunities with prospective clients and strategic partners. Executive Moves Bitcoin exchange brings on NYSE technology chief News Aggregation Team Monday, July 09, 2018 1:00 am http://fintech-news.net/article/50057/bitcoin-exchange-brings-on-nyse-technology-chief "Rob is a tremendous addition to our team," Gemini chief executive and co-founder Tyler Winklevoss said in a release. Executive Moves Blockchain Investment Funds: A Cayman Perspective by Higgs & Johnson News Aggregation Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50157/blockchain-investment-funds-a-cayman-perspective-by-higgs-ampamp-johnson The flexible legal framework in Cayman means that fund vehicle can be tailored to meet onshore tax requirements Legal,Regulation,Tax & Compliance Bank of Asia to host official BVI launch News Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50142/bank-of-asia-to-host-official-bvi-launch The British Virgin Islands is the appropriate home for Bank of Asia because the BVI is at the forefront of delivering high quality technological and innovative offshore services. Legal,Regulation,Tax & Compliance deVere CEO: Crypto is ‘undeniably’ mainstream as watchdog backs Bitcoin News Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50146/devere-ceo-crypto-is-amplsquoundeniablyamprsquo-mainstream-as-watchdog-backs-bitcoin Mr Green comments: “Cryptocurrencies are the future of money and they are already undeniably part of mainstream finance. Legal,Regulation,Tax & Compliance A Framework for Initial Coin Offerings in Bermuda News Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50134/a-framework-for-initial-coin-offerings-in-bermuda Appleby can assist with additional support services in relation to requirements surrounding the compliance regime. Legal,Regulation,Tax & Compliance Hong Kong regulator, banks launch blockchain-based trade finance platform News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50140/hong-kong-regulator-banks-launch-blockchain-based-trade-finance-platform The sector is often described as one of the most manual and paper-orientated parts of the financial services industry. Legal,Regulation,Tax & Compliance French central bank investigates UK fintech Brexit contigency plans News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50141/french-central-bank-investigates-uk-fintech-brexit-contigency-plans Many fintechs have already taken steps to achieve European authorisation, including star banking challenger Revolut which chose to apply for a licence in Lithuania before attempting an application in the UK. Legal,Regulation,Tax & Compliance Bermuda Government to Introduce New Regulations on ICOs, Address ‘Legal Ambiguity’ News Aggregation Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50120/bermuda-government-to-introduce-new-regulations-on-icos-address-amplsquolegal-ambiguityamprsquo The Premier stated that, in response to “market demand,” the Bermuda government set out to develop a legal framework for distributed ledger technology (DLT) firms Legal,Regulation,Tax & Compliance Mifid II and the fight against financial crime News Team Friday, July 13, 2018 1:00 am http://fintech-news.net/article/50109/mifid-ii-and-the-fight-against-financial-crime Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Duff & Phelps Global Enforcement Review 2018. Legal,Regulation,Tax & Compliance Cryptocurrency laws and regulations in Taiwan News Aggregation Team Friday, July 13, 2018 1:00 am http://fintech-news.net/article/50114/cryptocurrency-laws-and-regulations-in-taiwan The Taiwan government is also discussing, but has not concluded, developing further regulations for ICOs, and it is the hope of industry proponents that the need for government oversight will be minimized through the industry’s self-regulation. Legal,Regulation,Tax & Compliance Cryptocurrency laws and regulations in UAE News Aggregation Team Friday, July 13, 2018 1:00 am http://fintech-news.net/article/50115/cryptocurrency-laws-and-regulations-in-uae Blockchain technology is a decentralized public or private ledger that records transactions between two or more parties. Legal,Regulation,Tax & Compliance CIBC FirstCaribbean wins “Most Innovative Bank” award News Aggregation Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50171/cibc-firstcaribbean-wins-ampldquomost-innovative-bankamprdquo-award The bank is the only Caribbean-based Bank to have been recognized at this year’s event Retail Tech Commercial Bank of Dubai signs acquiring porcessing deal with Network International News Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50123/commercial-bank-of-dubai-signs-acquiring-porcessing-deal-with-network-international We are delighted to have been chosen by CBD, one of the leading commercial banks in the country, to boost their acquiring processing capabilities Retail Tech Accenture to implement new core banking system for Coventry Building Society News Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50131/accenture-to-implement-new-core-banking-system-for-coventry-building-society Accenture is delighted to work with Coventry Building Society Retail Tech UBA emerges best institution in Digital Banking across Africa News Aggregation Team Friday, July 13, 2018 1:00 am http://fintech-news.net/article/50111/uba-emerges-best-institution-in-digital-banking-across-africa UBA beat other nominees taking away the prize for best institution in Digital banking across Africa Retail Tech Digitizing the bank for a better customer experience News Aggregation Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50082/digitizing-the-bank-for-a-better-customer-experience In order to create a better banking experience for customers, many financial institutions are experimenting with emerging technology such as AI and chatbots, facial recognition, robotics, and blockchain. Retail Tech StanChart wins Digital Bank of the Year News Aggregation Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50071/stanchart-wins-digital-bank-of-the-year There has been relentless focus on continuously investing and innovating ways Retail Tech Citizens Alliance Bank signs for CSI core platform News Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50077/citizens-alliance-bank-signs-for-csi-core-platform The second factor is the technology provider’s ability to deliver a fully integrated solution that will help the bank offer more seamless channel experiences for today’s banking customers, especially millennials. Retail Tech NBB completes first phase of AWS Cloud adoption News Team Monday, July 09, 2018 1:00 am http://fintech-news.net/article/50056/nbb-completes-first-phase-of-aws-cloud-adoption This comes as NBB accelerates its digital transformation, with plans underway to migrate the bank’s intranet and online banking platform to the cloud. Infonas, an AWS Standard Consulting Partner, undertook the migration of the website. Retail Tech Santander iGTB Payments Hub Implementation Sets Standard in Europe News Team Thursday, July 05, 2018 1:00 am http://fintech-news.net/article/50023/santander-igtb-payments-hub-implementation-sets-standard-in-europe The bank's clients will benefit from accessing its services via a state-of-the-art new single platform - available through multiple channels - from which they can initiate and track all of their incoming and outgoing payments. Retail Tech How to manage transformation to achieve a sustainable advantage in challenging times News Aggregation Team Thursday, July 05, 2018 1:00 am http://fintech-news.net/article/50026/how-to-manage-transformation-to-achieve-a-sustainable-advantage-in-challenging-times Efma Retail Banking Summit in Lebanon Retail Tech D1 Mint brings investment grade diamond crypto token to market News Aggregation Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50164/d1-mint-brings-investment-grade-diamond-crypto-token-to-market It was a challenge and, from a fund management point of view, it is quite a fun challenge to see how you can make diamonds an investable asset class. Bitcoin, Blockchain & AI Japanese Tech Conglomerate GMO Launches New Blockchain-based Banking Business News Aggregation Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50153/japanese-tech-conglomerate-gmo-launches-new-blockchain-based-banking-business The reported raise equals around $387.5 million in revenue. Bitcoin, Blockchain & AI JLT snaps up robo-adviser News Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50161/jlt-snaps-up-robo-adviser Moola will become a core offering on Benpal, JLT’s rewards and benefits platform, as well as continuing to be accessible through the www.moo.la website and other channels. Bitcoin, Blockchain & AI Phore Blockchain Partners With Global Assets and Wealth Initiative News Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50163/phore-blockchain-partners-with-global-assets-and-wealth-initiative We are delighted to have Phore Blockchain as a partner Bitcoin, Blockchain & AI Cryptocurrency Custodian Services Find Huge Demand in Australia News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50143/cryptocurrency-custodian-services-find-huge-demand-in-australia To fill this gap, Custodian Vaults has partnered with Decentralised Capital, a Sydney-based blockchain advisory firm, to exclusively produce cold storage vaults for digital assets. Bitcoin, Blockchain & AI Blockchain Evolutions in Switzerland: Voting and Banking News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50150/blockchain-evolutions-in-switzerland-voting-and-banking The investing market is developing its offers by including trading of crypto assets among the products offered to their clients. Bitcoin, Blockchain & AI RBS’s NatWest joins blockchain project for trade finance News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50151/rbsamprsquos-natwest-joins-blockchain-project-for-trade-finance Banks that offer trade finance have been among the first to adopt blockchain in the day-to-day running of their business Bitcoin, Blockchain & AI BlackRock begins exploration of bitcoin News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50135/blackrock-begins-exploration-of-bitcoin The asset manager has set up a working group to investigate ways it can take advantage of the fast-growing cryptocurrency market Bitcoin, Blockchain & AI Bitcoin billionaires translate digital wealth into real-world assets News Aggregation Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50117/bitcoin-billionaires-translate-digital-wealth-into-real-world-assets Eleesa Dadiani and other pioneers have established platforms that accept cryptocurrency in exchange for luxury goods Bitcoin, Blockchain & AI Binance, Crypto Investors to Launch a Bank in Malta News Aggregation Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50119/binance-crypto-investors-to-launch-a-bank-in-malta The future Founders Bank will be based in Malta, the island nation that has established itself as a crypto-friendly destination. Bitcoin, Blockchain & AI CBA outstrips Big Four rivals in mobile apps according to Forrester Research analysis News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50132/cba-outstrips-big-four-rivals-in-mobile-apps-according-to-forrester-research-analysis It found CBA and NAB were strong in both areas, whereas Westpac was good in functionality but not UX and ANZ lagged in both. Mobile Banking JMR Infotech successfully delivers Internet and Mobile Banking Project for Shwe Bank, Myanmar News Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50125/jmr-infotech-successfully-delivers-internet-and-mobile-banking-project-for-shwe-bank-myanmar The engagement has helped Shwe Bank to further enhance the customer experience and raise operational efficiency. Mobile Banking Maybank Singapore bolsters customer engagement with mobile app News Aggregation Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50095/maybank-singapore-bolsters-customer-engagement-with-mobile-app Alvin Lee, head of community financial services at Maybank Singapore explained that the launch of Maybank TREATS SG Lifestyle app aligns with the Bank’s digital strategy to create “seamless and real-time communications” with customers. Mobile Banking Raiffeisen Bank Bosnia and Herzegovina, launches tokenized digital wallet app News Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50076/raiffeisen-bank-bosnia-and-herzegovina-launches-tokenized-digital-wallet-app A modern technology-packed smartphone fast becomes the main payment tool that also solves all the security issues. Mobile Banking Commerzbank’s head of corporate finance puts his faith in Schuldschein News Aggregation Team Wednesday, July 04, 2018 1:00 am http://fintech-news.net/article/50016/commerzbankamprsquos-head-of-corporate-finance-puts-his-faith-in-schuldschein Commerzbank’s head of corporate finance, Roman Schmidt, speaks to Danielle Myles about the bank’s new approach to coverage, blockchain’s investment banking potential and the Schuldschein market’s ability to reinvent itself. Mobile Banking Bank Of America Deploys Biometrics For Enterprise Mobile Banking News Aggregation Team Tuesday, July 03, 2018 1:00 am http://fintech-news.net/article/49990/bank-of-america-deploys-biometrics-for-enterprise-mobile-banking According to Tom Durkin, Bank of America‘s head of digital channels, financial institutions have a new opportunity to embrace this development. Mobile Banking Banque Libano-Française, Iraq, completes Temenos T24 Core Banking upgrade News Team Monday, July 02, 2018 1:00 am http://fintech-news.net/article/49975/banque-libano-franampccedilaise-iraq-completes-temenos-t24-core-banking-upgrade This is the first step in rolling out Temenos T24 Core Banking version R17 across the group, as the bank positions itself to drive growth across its business segments. Mobile Banking German banks invest in digitisation to boost revenue News Aggregation Team Thursday, June 28, 2018 1:00 am http://fintech-news.net/article/49948/german-banks-invest-in-digitisation-to-boost-revenue But some moves have been criticised as one-dimensional and poorly thought through Mobile Banking Australia's newest digital bank does a number on name News Aggregation Team Thursday, June 28, 2018 1:00 am http://fintech-news.net/article/49951/australiaamp039s-newest-digital-bank-does-a-number-on-name Built for New Payments Platform. Mobile Banking The 'world’s best digital bank' is future proofing itself by becoming even more digital News Aggregation Team Thursday, June 28, 2018 1:00 am http://fintech-news.net/article/49953/the-amp039worldamprsquos-best-digital-bankamp039-is-future-proofing-itself-by-becoming-even-more-digital The new brand positioning aims is expected to cost the bank in the region of up to SG$30 million as it spreads the word throughout Asia with native and branded content through the form of videos and campaigns. Mobile Banking Baidu's fintech spinoff pitches aggressive expansion plan News Aggregation Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50166/baiduamp039s-fintech-spinoff-pitches-aggressive-expansion-plan Financial arms of China's internet kings push back as Beijing tightens rules Comment & Analysis Wealth managers call for clampdown on cryptocurrencies News Aggregation Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50154/wealth-managers-call-for-clampdown-on-cryptocurrencies The leaders among the UK's new breed of digital wealth managers are worried about retail punters trading bitcoin Comment & Analysis Guernsey: A laboratory of innovation News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50136/guernsey-a-laboratory-of-innovation One of the requirements has been to innovate and to develop new products in new markets Comment & Analysis Ascentric hit by payment problems after upgrade News Aggregation Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50113/ascentric-hit-by-payment-problems-after-upgrade The issue at Ascentric is just the latest to afflict the platform industry Comment & Analysis Jersey's balanced approach to ICO activity News Team Monday, July 16, 2018 1:00 am http://fintech-news.net/article/50118/jerseyamp039s-balanced-approach-to-ico-activity Hawksford’s existing policy on providing services to ICO issuers is very much focused on quality, and we welcome the emphasis placed on this within the guidance note from the JFSC. Comment & Analysis Lack of Custodial Services Prevents Institutional Investors from Diversifying into Cryptocurrencies News Aggregation Team Friday, July 13, 2018 1:00 am http://fintech-news.net/article/50112/lack-of-custodial-services-prevents-institutional-investors-from-diversifying-into-cryptocurrencies Lore stated that custodians may have to cash out cryptocurrencies for their clients when asked Comment & Analysis Advisor retirements may spur the next big digital transformation News Aggregation Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50079/advisor-retirements-may-spur-the-next-big-digital-transformation The industry's future, Thompson says, may be more defined by adjusting business models, rather than adding digital layers onto existing services. Comment & Analysis How can we ensure that Big Data does not make us prisoners of technology? News Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50090/how-can-we-ensure-that-big-data-does-not-make-us-prisoners-of-technology Speech by Charles Randell, Chair, Financial Conduct Authority and Payment Systems Regulator, delivered at Reuters Newsmaker event, London. Comment & Analysis Robo-advice users in for the long haul News Aggregation Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50086/robo-advice-users-in-for-the-long-haul The top reasons driving use of automated investment and advice platforms were lower fees and investment diversification, highlighted by 18.3% and 16.7% of users respectively. Comment & Analysis Should we trust the Swiss with shaping global crypto policy? News Aggregation Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50089/should-we-trust-the-swiss-with-shaping-global-crypto-policy The centre says it engages with “governments, leading companies, civil society, and experts from around the world to co-design and pilot innovative new approaches to policy and governance in the Fourth Industrial Revolution.” Comment & Analysis Hackers Breach Russian Bank and Steal $1 Million Due to Outdated Router News Aggregation Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50172/hackers-breach-russian-bank-and-steal-1-million-due-to-outdated-router The router had tunnels that allowed the attackers to gain direct access to the bank’s local network Cyber Security Sextortion: beware the new form of cyber blackmail News Aggregation Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50126/sextortion-beware-the-new-form-of-cyber-blackmail Honey traps and blackmail are nothing new, but as technology gets more sophisticated Cyber Security Banks to be subjected to ‘cyber stress tests’ to see if they could withstand a major hacking attack News Aggregation Team Wednesday, June 27, 2018 1:00 am http://fintech-news.net/article/49938/banks-to-be-subjected-to-amplsquocyber-stress-testsamprsquo-to-see-if-they-could-withstand-a-major-hacking-attack It described this period as the “impact tolerance” and said its goal was to mitigate “systemic risk’ to the financial system. Cyber Security Chubb announces enhanced Cyber incident response capabilities globally News Team Monday, June 25, 2018 1:00 am http://fintech-news.net/article/49906/chubb-announces-enhanced-cyber-incident-response-capabilities-globally Using the newly-expanded incident response network, managers are assigned based on the location of the incident, meaning Chubb cyber policyholders have access to local expertise around the world, 24 hours a day. Cyber Security Deloitte and ForgeRock Announce Alliance to Provide Advanced, Global Customer Identity and Access Management Solutions News Team Friday, June 22, 2018 1:00 am http://fintech-news.net/article/49894/deloitte-and-forgerock-announce-alliance-to-provide-advanced-global-customer-identity-and-access-management-solutions ForgeRock's customer identity and access management solutions enable organizations to securely identify, protect and respect the preferences of each customer on whatever device, app or service they're using. Cyber Security Why regulator wants answers from South African insurer Liberty following cyber attack News Aggregation Team Tuesday, June 19, 2018 1:00 am http://fintech-news.net/article/49858/why-regulator-wants-answers-from-south-african-insurer-liberty-following-cyber-attack Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack. Cyber Security Tessian, a tech startup using machine intelligence to transform email security, lands $13m series A from Balderton and Accel News Aggregation Team Monday, June 18, 2018 1:00 am http://fintech-news.net/article/49829/tessian-a-tech-startup-using-machine-intelligence-to-transform-email-security-lands-13m-series-a-from-balderton-and-accel “Banks have enormous amounts of money to spend on email security, so we thought ‘why is this still a problem?’” Cyber Security FS-ISAC sets up global cyber forum for central banks and regulatory authorities News Aggregation Team Tuesday, June 12, 2018 1:00 am http://fintech-news.net/article/49776/fs-isac-sets-up-global-cyber-forum-for-central-banks-and-regulatory-authorities The initiative was conceptualised by the Monetary Authority of Singapore, which collaborated with FS-ISAC to establish an Asia Pacific Regional Intelligence and Analysis Centre in 2017. Cyber Security Billions in cryptocurrency wealth wiped out after hack News Aggregation Team Tuesday, June 12, 2018 1:00 am http://fintech-news.net/article/49782/billions-in-cryptocurrency-wealth-wiped-out-after-hack The exchange did not disclose the value of tokens stolen. The theft was of less well-known cryptocurrencies rather than bitcoin itself. Cyber Security Leading Companies Join Forces to Identify Cybersecurity Best Practices News Team Wednesday, June 06, 2018 1:00 am http://fintech-news.net/article/49711/leading-companies-join-forces-to-identify-cybersecurity-best-practices Cybersecurity has become a top management priority for companies, which must embrace technological innovation to meet changing market needs. Cyber Security Report: Fintech Firms in France Raise Record €200 Million Since January News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50148/report-fintech-firms-in-france-raise-record-ampeuro200-million-since-january Lendix has experienced rapid growth as it has successfully expanded its operations across Europe. Research SS&C Finds Asset Managers' Operating Margins Fall as AUM Declines For the First Time in Five Quarters News Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50097/ssampampc-finds-asset-managersamp039-operating-margins-fall-as-aum-declines-for-the-first-time-in-five-quarters Analysis indicates market volatility impacted asset managers in Q1 2018 Research Intelligent automation could add $512 billion to the global revenues of financial services firms by 2020 News Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50098/intelligent-automation-could-add-512-billion-to-the-global-revenues-of-financial-services-firms-by-2020 Only 10 percent of companies have implemented the technology to scale, with the majority of firms struggling with business, technology, and people challenges. Research 2018 global blockchain survey News Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50102/2018-global-blockchain-survey Deloitte’s new global survey of more than 1,000 global blockchain-savvy executives from seven countries and nine industries is a leading indicator of where blockchain is headed. Research Tiger Global Management builds $1bn stake in Japan's SoftBank News Aggregation Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50106/tiger-global-management-builds-1bn-stake-in-japanamp039s-softbank The Tiger Global Investments hedge fund and the Global Long Opportunities fund built the stake over the past few months. Research IRESS sees continued increase in protection new business applications in H1 2018 News Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50087/iress-sees-continued-increase-in-protection-new-business-applications-in-h1-2018 This growing popularity reflects the positive steps taken by providers in the market to make products more innovative and introducing new initiatives that are engaging more people with the benefits of protection. Research Robo and platforms to grow UK assets £100bn by 2023 News Aggregation Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50094/robo-and-platforms-to-grow-uk-assets-amppound100bn-by-2023 The focus will shift from the provision of online decision trees leading consumers to a pre-packaged portfolio, and move more towards advice. Research Forty per cent of financial firms at risk of MiFID II penalties, research reveals News Team Friday, July 06, 2018 1:00 am http://fintech-news.net/article/50045/forty-per-cent-of-financial-firms-at-risk-of-mifid-ii-penalties-research-reveals Employees in the survey agreed that if they could record and recall information more effectively Research Evolution not Revolution: Financial Services of the Future News Aggregation Team Thursday, July 05, 2018 1:00 am http://fintech-news.net/article/50021/evolution-not-revolution-financial-services-of-the-future It’s an example of how banks can transform and make their trusted brands stronger. Banking experience and innovation as key, rather than a full-on collision with large technology companies. Research Asset managers fear technology-driven new entrants - RESEARCH News Team Thursday, July 05, 2018 1:00 am http://fintech-news.net/article/50025/asset-managers-fear-technology-driven-new-entrants-research Nearly Two-Thirds of Asset Managers Plan to Launch Cross-Border Products Research NOON Capital Launches Southeast Asia's First Blockchain-Backed Real Estate Project News Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50169/noon-capital-launches-southeast-asiaamp039s-first-blockchain-backed-real-estate-project The Company's first properties have an accumulated value of US$20 million. Innovation & Startups Silicon Valley Bank hits $100m investment target in Ireland News Aggregation Team Thursday, July 19, 2018 1:00 am http://fintech-news.net/article/50160/silicon-valley-bank-hits-100m-investment-target-in-ireland Bank has committed $200m to Republic’s innovation sector since 2012 Innovation & Startups This Industrial Chinese City Is Looking To Israel To Help Transform Into An Innovation Hub News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50144/this-industrial-chinese-city-is-looking-to-israel-to-help-transform-into-an-innovation-hub Relations are set to deepen further as China undertakes its “Belt And Road Initiative,” an ambitious project unveiled in 2013 Innovation & Startups Temasek expanding footprint in US despite trade tensions News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50145/temasek-expanding-footprint-in-us-despite-trade-tensions The proportion trails Singaporean and Chinese investments, which make up 27 per cent and 26 per cent of the portfolio, respectively. Innovation & Startups British Airways’ new electric robot has slashed pushback delays by 54% at one of the world's busiest airports — we used it to move a 130-ton airplane News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50152/british-airwaysamprsquo-new-electric-robot-has-slashed-pushback-delays-by-54-at-one-of-the-worldamp039s-busiest-airports-ampmdash-we-used-it-to-move-a-130-ton-airplane We tested British Airways' new mototok robot, which is able to push back airplanes weighing up to 130 tons. Innovation & Startups ANZ Bank introduces new digital assistant News Aggregation Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50083/anz-bank-introduces-new-digital-assistant ANZ partnered with New Zealand tech company Soul Machines to develop Jamie Innovation & Startups P2P property platform Lendy wins FCA authorisation News Team Wednesday, July 11, 2018 1:00 am http://fintech-news.net/article/50092/p2p-property-platform-lendy-wins-fca-authorisation This is a validation of our efforts to move from a young start-up to an established mainstream lender, with the ability to disrupt the banking model for the benefit of clients, and design new investment products and services. Innovation & Startups Agenor Technology in ‘strategic’ UAE deal News Aggregation Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50067/agenor-technology-in-amplsquostrategicamprsquo-uae-deal Agenor chief executive Andy Smith said: “This breakthrough agreement represents a vital precedent for ICEFLO’s adoption by financial sector clients." Innovation & Startups Visible Alpha Recognized as ‘FinTech Innovation of the Year’ News Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50070/visible-alpha-recognized-as-amplsquofintech-innovation-of-the-yearamprsquo In early 2018, the company announced a $38 million round of capital raising led by Goldman Sachs Principal Strategic Investments. Innovation & Startups German Fintechs Secure Asian Foothold News Team Tuesday, July 10, 2018 1:00 am http://fintech-news.net/article/50073/german-fintechs-secure-asian-foothold This will be done through accelerator programmes for curated startups. Innovation & Startups Tradeteq lands $6.3m to develop trade finance marketplace News Aggregation Team Friday, July 20, 2018 1:00 am http://fintech-news.net/article/50168/tradeteq-lands-63m-to-develop-trade-finance-marketplace Tradeteq provides the collaborative network for investors and originators to connect, interact, and transact. Trading Platforms Real reason advisers don't switch platforms revealed News Aggregation Team Wednesday, July 18, 2018 1:00 am http://fintech-news.net/article/50149/real-reason-advisers-donamp039t-switch-platforms-revealed Mr Huddart suggested the regulator should look at forcing platforms to work along the same lines as banks, where a customer can switch their account instantly. Trading Platforms Montanaro Asset Management Live on Charles River’s IBOR News Team Tuesday, July 17, 2018 1:00 am http://fintech-news.net/article/50138/montanaro-asset-management-live-on-charles-riveramprsquos-ibor Real-time position and cash updates support front office and eliminate manual reconciliation Trading Platforms Nasdaq to provide clearing technology to SIX News Aggregation Team Thursday, July 12, 2018 1:00 am http://fintech-news.net/article/50107/nasdaq-to-provide-clearing-technology-to-six Nasdaq's market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces Trading Platforms Nordea Life & Pension and SimCorp partner News Team Wednesday, July 04, 2018 1:00 am http://fintech-news.net/article/50007/nordea-life-ampamp-pension-and-simcorp-partner Committing to SimCorp Dimension is a significant step towards our goal of delivering increased value to our clients Trading Platforms Murex Wins Software Solution of the Year News Team Tuesday, July 03, 2018 1:00 am http://fintech-news.net/article/49995/murex-wins-software-solution-of-the-year This agile platform helps businesses streamline their IT infrastructure, reducing operational risk and cost, while also providing greater control over margins and profitability. Trading Platforms Coventry Building Society selects IRESS News Team Friday, June 29, 2018 1:00 am http://fintech-news.net/article/49964/coventry-building-society-selects-iress IRESS’ MSO product provides Coventry Building Society with the ability to offer a superior digital experience to all its customers, including the intermediary community. Trading Platforms How platforms can keep ahead of technology News Aggregation Team Tuesday, June 26, 2018 1:00 am http://fintech-news.net/article/49926/how-platforms-can-keep-ahead-of-technology With the restrictions on South Africans taking money offshore easing, the head of platform proposition and marketing sees platforms providing an important offering to locals looking to invest overseas. Trading Platforms Robinhood CEO: Schwab, Fidelity ”Not Really Technology Companies“ News Aggregation Team Thursday, June 21, 2018 1:00 am http://fintech-news.net/article/49880/robinhood-ceo-schwab-fidelity-amprdquonot-really-technology-companiesampldquo Vlad Tenev, co-CEO of the trade-for-free investment app Robinhood, said at CB Insight’s Future of Fintech conference that he doesn’t view discount brokerages like Schwab or Fidelity a threat. Trading Platforms Financial technology firm and Altegris Complete Merger News Team Wednesday, June 20, 2018 1:00 am http://fintech-news.net/article/49875/financial-technology-firm-and-altegris-complete-merger The Altegris family of private and public alternative funds retains the Altegris name, as previously announced, and will operate as the asset management division of Artivest. Trading Platforms