Managers of Wealth - Fintech http://fintech-news.net/ Sun, 26 Jan 2020 19:25:21 GMT part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP LLB (Österreich) completes migration to the LLB Group core banking system News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57009/llb-ampoumlsterreich-completes-migration-to-the-llb-group-core-banking-system Liechtensteinische Landesbank AG and Bank Linth LLB AG have been using Avaloq as their core banking system software for a number of years Wealth Technology Advice firm offers to buy closed robo-adviser News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57022/advice-firm-offers-to-buy-closed-robo-adviser The company was founded by Gemma Godfrey in 2015, who sold the business to JLT in 2018 and left in 2019. Wealth Technology This Software Technology Firm is Reshaping the Asset Management Industry News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56980/this-software-technology-firm-is-reshaping-the-asset-management-industry Wealth, using artificial intelligence and machine learning, is resolving market issues through high-tech applications Wealth Technology London based wealth management fintech to launch in Ireland News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56981/london-based-wealth-management-fintech-to-launch-in-ireland Republic “one of the fasting growing wealth management sectors in Europe” Wealth Technology Turn Inside Out to Deliver Exceptional Client Servicing. The 2020 Must-Win Battle News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56982/turn-inside-out-to-deliver-exceptional-client-servicing-the-2020-must-win-battle Many wealth management firms have embraced digital transformation in an attempt to improve client experience at lower cost to the firm, while others have been slower to respond. Wealth Technology 2020 outlook for asset & wealth management industry News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56983/2020-outlook-for-asset-ampamp-wealth-management-industry The topics of consolidation, regulation and innovation are front and center Wealth Technology Adox Research awards SS&C Singularity highest status in five portfolio management & accounting solution categories News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56985/adox-research-awards-ssampampc-singularity-highest-status-in-five-portfolio-management-ampamp-accounting-solution-categories Adox Research 8x8 surveys assess a specific fintech domain comparing up to eight vendor solutions across eight metrics. Wealth Technology Geneva-based bank selects Avaloq News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56995/geneva-based-bank-selects-avaloq Over the prior eight years, Avaloq has helped Banque Cramer to simplify and upgrade its IT systems, allowing the bank to focus on customer service and growing the business both organically and through acquisitions. Wealth Technology Transact adds new platform features as prices cut News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/57000/transact-adds-new-platform-features-as-prices-cut Transact has also released ‘Investment Search’, a tool which allows users to search the wide range of over 13,000 assets available on the platform. Wealth Technology Robo-adviser has £900 turnover in final year News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56967/robo-adviser-has-amppound900-turnover-in-final-year This led to a loss for the year of £1.3m. Wealth Technology Lincoln Financial Group Hires Industry Veteran News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56992/lincoln-financial-group-hires-industry-veteran Joseph Weider brings 25 years of experience to role as senior vice president of IT Infrastructure Executive Moves U.S. fintech Tipalti opening Vancouver office with plans to hire 50 workers News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56968/us-fintech-tipalti-opening-vancouver-office-with-plans-to-hire-50-workers Tipalti Inc. plans to build up a roster of more than 50 employees for a new office set to launch February 1 in the city’s downtown. Executive Moves Samsung Electronics names new mobile business chief News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56938/samsung-electronics-names-new-mobile-business-chief Samsung's mobile business has been led by Koh Dong-jin, president and CEO of the IT & Mobile Communications (IM) business division. Executive Moves Facebook backs British tech sector with 1,000 new jobs News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56954/facebook-backs-british-tech-sector-with-1000-new-jobs British universities produce about 165,000 science graduates a year, and “we’ll keep hiring them”, a senior insider said. Executive Moves Calypso appointment APAC Managing Director News Aggregation Team Friday, January 17, 2020 12:00 am http://fintech-news.net/article/56916/calypso-appointment-apac-managing-director R.G. joins from Eze Software where he spent more than 16 years. Executive Moves SEI Names Director of Investment Strategy in Canada News Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56898/sei-names-director-of-investment-strategy-in-canada She was responsible for providing advisory and investment management services to institutional clients in Canada and U.S. Executive Moves Julian Sawyer will help to accelerate Volt’s plans down under. News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56881/julian-sawyer-will-help-to-accelerate-voltamprsquos-plans-down-under Sawyer will also split his time with being the recently-appointed European Managing Director of crypto exchange Gemini. Executive Moves Chief Information, Data and Digital Officer Joins Ally Financial News Team Tuesday, January 14, 2020 12:00 am http://fintech-news.net/article/56844/chief-information-data-and-digital-officer-joins-ally-financial Muthukrishnan to Lead Technology, Data Analytics and Digital Transformation Teams Executive Moves Refinitiv appoints Chief Customer Proposition Officer News Team Tuesday, January 14, 2020 12:00 am http://fintech-news.net/article/56846/refinitiv-appoints-chief-customer-proposition-officer Remyn Stone will work with customers to develop breakthrough solutions in open platform technology collaboration. Executive Moves Finantix makes senior appointments in Singapore and the UK News Aggregation Team Tuesday, January 14, 2020 12:00 am http://fintech-news.net/article/56851/finantix-makes-senior-appointments-in-singapore-and-the-uk “Our approach over the last twenty years has always been to combine technology with personalised client service." Executive Moves European Commission seeks public consultation on an EU framework for cryptoassets News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57011/european-commission-seeks-public-consultation-on-an-eu-framework-for-cryptoassets The European Commission (EC) published a consultation document in search of opinions on a regulatory framework for markets in cryptoassets. Legal,Regulation,Tax & Compliance State Street partners with alts fintech platform iCapital Network News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57015/state-street-partners-with-alts-fintech-platform-icapital-network A strong partner with a solution that addresses the needs of the investor, fund manager and investment advisors and distributors is critical. Legal,Regulation,Tax & Compliance UK Opens $130,000 Contract to Catch Crypto Tax Evaders News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56958/uk-opens-130000-contract-to-catch-crypto-tax-evaders HMRC is one of the UK’s largest organizations, with 60,000 full-time equivalent staff working to collect taxes. Legal,Regulation,Tax & Compliance Developments in online-only bank licensing in Asia News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56976/developments-in-online-only-bank-licensing-in-asia The Financial Services Commission has also issued a third preliminary digital licence to a consortium led by Toss Legal,Regulation,Tax & Compliance British Prime Minister, African Leaders urge Investors to accelerate Economic Role on the Continent News Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56942/british-prime-minister-african-leaders-urge-investors-to-accelerate-economic-role-on-the-continent African Development Bank President Akinwumi Adesina announced a new $80 million Bank-DFID infrastructure financing partnership . Legal,Regulation,Tax & Compliance Cayman Islands: FinTech Comparative Guide News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56946/cayman-islands-fintech-comparative-guide The sectors which CIMA regulates are banking services, insurance, trust, securities, mutual funds, cooperative and building societies, corporate services, and money services business. Legal,Regulation,Tax & Compliance Broadridge to Acquire FundsLibrary News Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56947/broadridge-to-acquire-fundslibrary Acquisition to help asset managers meet UK and EU regulatory requirements Legal,Regulation,Tax & Compliance UBS sells B2B fund distribution platform to Clearstream News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56948/ubs-sells-b2b-fund-distribution-platform-to-clearstream As part of the transaction, UBS and Clearstream will enter into long-term commercial cooperation arrangements for the provision of services to UBS's Global Wealth Management and Asset Management business divisions Legal,Regulation,Tax & Compliance FINRA 2.0 News Aggregation Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56897/finra-20 FINRA will also continue to focus on the challenges that the increasingly broad array of digital communications Legal,Regulation,Tax & Compliance Consumer warning of 'profiling for profit' by fintechs News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56882/consumer-warning-of-amp039profiling-for-profitamp039-by-fintechs The Financial Rights Legal Centre and Consumer Action Law Centre says the enhanced privacy protections in the government's consumer data right legislation are crucial to protect customers Legal,Regulation,Tax & Compliance RAKBANK launches full product suite of Corporate Payment Solutions in partnership with Mastercard News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57018/rakbank-launches-full-product-suite-of-corporate-payment-solutions-in-partnership-with-mastercard RAKBANK Corporate Purchase Card, Corporate Executive T&E Card and B2B Virtual Card payment solution unveiled for the UAE Market Retail Tech MoneyGram taps Suez Canal Bank for remittances in Egypt News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57019/moneygram-taps-suez-canal-bank-for-remittances-in-egypt “We’re excited about how this partnership with Suez Canal Bank will provide our customers in Egypt with cutting-edge capabilities that offer the industry’s best service.” Retail Tech Samsung Pay Expands in the UAE With New Bank Partnerships News Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56960/samsung-pay-expands-in-the-uae-with-new-bank-partnerships Samsung Pay is a simple and intuitive mobile payment service, which ensures swift and secure transactions for customers who can just swipe or tap their credit or debit cards to make purchases almost anywhere. Retail Tech Mastercard taps Marqeta for fast fintech card issuing in Europe News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56966/mastercard-taps-marqeta-for-fast-fintech-card-issuing-in-europe Visa led a $25 million Series D round for Marqeta in July 2017, and participated in the firm's $250 million Series E in May last year. Retail Tech WorldPay and Visa back African payments firm Flutterwave News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56973/worldpay-and-visa-back-african-payments-firm-flutterwave Last year Visa made a $200 million stake in another Nigerian payments player, Interswitch. Retail Tech HSBC launches “FlexInvest” News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56936/hsbc-launches-ampldquoflexinvestamprdquo FlexInvest is designed to encourage our increasingly digital-savvy customers to build their wealth. Retail Tech American Express holds off launching Pay with Bank Transfer service in Australia News Aggregation Team Monday, January 20, 2020 12:00 am http://fintech-news.net/article/56929/american-express-holds-off-launching-pay-with-bank-transfer-service-in-australia The financial service said it would not do so unless changes to the Consumer Data Right are made. Retail Tech Managed IT infrastructure a trend to watch during 2020 News Aggregation Team Friday, January 17, 2020 12:00 am http://fintech-news.net/article/56906/managed-it-infrastructure-a-trend-to-watch-during-2020 The share of spending on enterprise software, on the other hand, has not grown fast. Retail Tech TSB to open new IT centre in Edinburgh News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56871/tsb-to-open-new-it-centre-in-edinburgh A new services agreement will see IBM build and manage TSB’s private cloud environment, running services across TSB’s core banking platforms with all of the infrastructure being operated and managed by IBM under supervision by TSB. Retail Tech Euronet Worldwide will work with Visa in bolstering the Visa Fintech Fast Track program in CEMEA News Team Thursday, January 09, 2020 12:00 am http://fintech-news.net/article/56778/euronet-worldwide-will-work-with-visa-in-bolstering-the-visa-fintech-fast-track-program-in-cemea Both companies will work together to deliver geographically tailored payment experiences and quick go-to-market solutions for fintechs Retail Tech Financial Services AI Public Private Forum News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57005/financial-services-ai-public-private-forum The pursuit of artificial intelligence (AI) and use of machine learning (ML) are increasingly important fields of innovation in the financial services sector. Bitcoin, Blockchain & AI Liechtenstein Regulators Approve Ethereum-Based Real Estate Fund News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57007/liechtenstein-regulators-approve-ethereum-based-real-estate-fund A fully regulated tokenized real estate fund has been approved by officials in Liechtenstein. Bitcoin, Blockchain & AI DMCC Announces Crypto Valley in Dubai at Davos 2020, Boosting Blockchain Ecosystem News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57013/dmcc-announces-crypto-valley-in-dubai-at-davos-2020-boosting-blockchain-ecosystem World's largest ecosystem for cryptographic, blockchain and distributed ledger technologies to launch in Dubai Bitcoin, Blockchain & AI ABSA’s Peter Matlare on #WEF20, blockchain, challenger banks and the Davos ‘watering hole’ News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57017/absaamprsquos-peter-matlare-on-wef20-blockchain-challenger-banks-and-the-davos-amplsquowatering-holeamprsquo The analogy I’ve been using over the last couple of days is I really find this very similar to a watering hole. Bitcoin, Blockchain & AI Billionaire investor advises people to stay away from Bitcoin News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57021/billionaire-investor-advises-people-to-stay-away-from-bitcoin What has been tried and true? Are they going to hold digital Bitcoin? Bitcoin, Blockchain & AI Is There Such Thing As Bitcoin Insurance? News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57024/is-there-such-thing-as-bitcoin-insurance This digital currency can be used to buy or sell items online from people and companies that utilize Bitcoin as payment. Bitcoin, Blockchain & AI Luno launches automated withdrawals after requests from customers News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57025/luno-launches-automated-withdrawals-after-requests-from-customers Luno launches automated withdrawals after requests from customers Bitcoin, Blockchain & AI Global Talent in the Age of Artificial Intelligence News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56987/global-talent-in-the-age-of-artificial-intelligence Countries are competing globally to grow better talent; attract the talent they need; and retain those workers who contribute to competitiveness, innovation, and growth. Bitcoin, Blockchain & AI UK FCA becomes AML/CFT crypto supervisor News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56990/uk-fca-becomes-amlcft-crypto-supervisor The development comes under the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) Bitcoin, Blockchain & AI Belgium’s main banks will start sharing personal data using blockchain News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56997/belgiumamprsquos-main-banks-will-start-sharing-personal-data-using-blockchain In order to avoid money laundering and fraud, banks are required to verify, on a regular basis, the identities of the leaders and main shareholders of a company when it opens an account with them. Bitcoin, Blockchain & AI iFlip Launches Unprecedented Mobile AI Wealth Management Experience News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57014/iflip-launches-unprecedented-mobile-ai-wealth-management-experience iFlip's portfolios have a long track record of outperforming index funds and robo-advisers. Mobile Banking Joint Hong Kong Thailand DLT payments to power economy News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56979/joint-hong-kong-thailand-dlt-payments-to-power-economy This report covers an exhaustive summary of potential CBDC risks, advantages, regulatory compliance, exchange, liquidity management, and other vital elements of the proposed CBDC. Mobile Banking Zall Smart Commerce Joins Singapore Digital Bank License Race News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56940/zall-smart-commerce-joins-singapore-digital-bank-license-race Marubeni and Global eTrade Services are consortium partners Mobile Banking Four technological advances to benefit South Africans in 2020 News Aggregation Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56888/four-technological-advances-to-benefit-south-africans-in-2020 Technology continues moving at break-neck speed. Mobile Banking Orange Liberia ties up with United Bank for Africa to start money transfers News Aggregation Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56890/orange-liberia-ties-up-with-united-bank-for-africa-to-start-money-transfers For the first three months, the service will be free of charges for all customers with a minimum fee of LRD 0.50 per transaction after that period. Mobile Banking IBM wins $1.1 bn deal from Spain’s Banco Sabadell News Aggregation Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56896/ibm-wins-11-bn-deal-from-spainamprsquos-banco-sabadell Spain’s Banco Sabadell has selected IBM for a 1 billion euro ($1.11 billion) overhaul of its IT systems over the next ten years. Mobile Banking Digital payment gains should be used to acquire merchants, says Nirmala Sitharaman News Aggregation Team Monday, January 13, 2020 12:00 am http://fintech-news.net/article/56821/digital-payment-gains-should-be-used-to-acquire-merchants-says-nirmala-sitharaman The prebudget meeting on Friday was necessitated after the government waived off MDR for merchants on digital payments made through RuPay debit cards and Unified Payments Interface (UPI) devices from January 2020. Mobile Banking Open Banking year two: Insights from the CMA9 News Aggregation Team Monday, January 13, 2020 12:00 am http://fintech-news.net/article/56832/open-banking-year-two-insights-from-the-cma9 In February 2019, the Open Banking Implementation Entity published operational guidelines to provide clarity and recommendations to financial institutions – Account Servicing Payment Service Provider – on the regulatory requirements for a dedi Mobile Banking Goldman Sachs finally launches app for online bank Marcus, will offer loan payment News Aggregation Team Sunday, January 12, 2020 12:00 am http://fintech-news.net/article/56812/goldman-sachs-finally-launches-app-for-online-bank-marcus-will-offer-loan-payment In point of fact, a mobile application for Goldman Sachs’ Marcus was long-awaited since a lack of mobile app had been frustrating its large customer-base Mobile Banking Calligo Expands European Cloud Reach With Ireland Acquisition News Aggregation Team Friday, January 10, 2020 12:00 am http://fintech-news.net/article/56796/calligo-expands-european-cloud-reach-with-ireland-acquisition Calligo’s portfolio of services includes public and hybrid clouds, IT managed services and data analytics and artificial intelligence services, all supported by specific customer assistance with national, international and industry-specific data pro Mobile Banking Silicon Vine News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57006/silicon-vine Billionaire entrepreneur Michael Baum is on a mission to digitally detox; in a Burgundy vineyard. Comment & Analysis Inside RBC’s efforts to improve corporate governance News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57020/inside-rbcamprsquos-efforts-to-improve-corporate-governance Why Royal Bank of Canada took home the 2019 Corporate Governance Award for best overall governance – international Comment & Analysis Future of African payments based on pragmatism News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/57002/future-of-african-payments-based-on-pragmatism Cash is here to stay – for now Comment & Analysis How to Change Course on Climate News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56986/how-to-change-course-on-climate The situation is dire, but it’s not too late. Comment & Analysis What Happened When a Customer Rebuilt a Wealth Platform News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56991/what-happened-when-a-customer-rebuilt-a-wealth-platform Powerwrap CEO Will Davidson reveals the restrictive nature of traditional wealth platforms and why people, systems and processes are far more important than technology. Comment & Analysis Responding to leaps in payments: from unbundling to stablecoins by Christina Segal-Knowles News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56999/responding-to-leaps-in-payments-from-unbundling-to-stablecoins-by-christina-segal-knowles The current regulatory framework was designed in a world in which banks and a small number of systemic payment systems made up the entire payments chain. Comment & Analysis Meet the next digital decade: Middle East experts' tech predictions for 2020 News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56953/meet-the-next-digital-decade-middle-east-expertsamp039-tech-predictions-for-2020 The tech that will shape the Middle East, from 5G and 4G adoption, upheaval in finance, to shifts in retail and AI. Comment & Analysis What’s really powering Australian wealth platforms? News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56956/whatamprsquos-really-powering-australian-wealth-platforms Platform providers are quick to showcase their savvy tech credentials and marketing prowess. Comment & Analysis What Do Human-machine Partnerships Mean For Workers? News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56959/what-do-human-machine-partnerships-mean-for-workers Be aware that the traditional job classifications that we all grew up with will begin to change fairly radically towards the end of the next decade. Comment & Analysis Three Top Trends In Wealth Management For 2020 News Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56939/three-top-trends-in-wealth-management-for-2020 The most visible trends are the rise of intergenerational wealth, and the growing number of high-net worth women. Comment & Analysis Data Protection Commissioner calls for a culture of improvement News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56998/data-protection-commissioner-calls-for-a-culture-of-improvement The Bailiwick’s Data Protection Commissioner, Emma Martins, notes that changing attitudes and behaviour is key to reducing data breaches and preventing harm. Cyber Security DFSA supports National Cybersecurity Strategy by Launching a Cyber Threat Intelligence Platform News Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56962/dfsa-supports-national-cybersecurity-strategy-by-launching-a-cyber-threat-intelligence-platform The platform will facilitate the development of a community of information sharing for regulated and non-regulated companies operating in or from the Dubai International Financial Centre (DIFC). Cyber Security Security is not a single product solution – and other issues to consider in 2020 News Aggregation Team Friday, January 17, 2020 12:00 am http://fintech-news.net/article/56917/security-is-not-a-single-product-solution-ampndash-and-other-issues-to-consider-in-2020 And thus, there is no surprise that throughout 2019, organisations across all industries globally were targeted by cyber attackers. Cyber Security SA banks unaffected by Silence malware threat News Aggregation Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56889/sa-banks-unaffected-by-silence-malware-threat It's business as usual for South African banks, despite a warning of potential malware attacks on major institutions in sub-Saharan Africa. Cyber Security Kaspersky forecasts cyberthreats to financial institutions News Aggregation Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56894/kaspersky-forecasts-cyberthreats-to-financial-institutions Given the serious surge in cybercriminal activity during the rapid growth of Bitcoin and altcoins in 2018, we predict that a similar situation will most likely unfold around Gram and Libra. Cyber Security Helping HNW clients understand their personal cyber risk News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56866/helping-hnw-clients-understand-their-personal-cyber-risk The growth of technology in our daily lives, especially for those who can afford the best of the best Internet of Things-connected devices, has sparked new methods for cyber criminals to obtain personal data and exploit HNW individuals. Cyber Security Despite threats, it’s business as usual for SA banks News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56879/despite-threats-itamprsquos-business-as-usual-for-sa-banks “Nevertheless, the banking industry takes cybersecurity very seriously and has robust risk mitigation strategies in place,” SABRIC states. Cyber Security Cybersecurity Threats Call for a Global Response News Team Tuesday, January 14, 2020 12:00 am http://fintech-news.net/article/56847/cybersecurity-threats-call-for-a-global-response Different public agencies within a country need to communicate seamlessly. And most challenging, information sharing between countries must improve. Cyber Security SA banks not impacted by Russian hacking group News Aggregation Team Tuesday, January 14, 2020 12:00 am http://fintech-news.net/article/56858/sa-banks-not-impacted-by-russian-hacking-group They note the attacks have been attributed to this group because the malware used in this latest incident was previously used solely in its operations. Cyber Security Appleby Acted as Bermuda Counsel to Akinova Leading up to the Completion of a First of its Kind' Parametric Cyber Risk Transfer News Team Monday, January 13, 2020 12:00 am http://fintech-news.net/article/56820/appleby-acted-as-bermuda-counsel-to-akinova-leading-up-to-the-completion-of-a-first-of-its-kindamp039-parametric-cyber-risk-transfer Appleby’s insurance team acted as Bermuda counsel to AkinovA on all matters leading up to the completion of a first of its kind parametric cyber risk transfer. Cyber Security Davos 2020 and climate change: How investment risks have shifted over a decade News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57023/davos-2020-and-climate-change-how-investment-risks-have-shifted-over-a-decade As recently as ten years ago the environment didn’t register in the top risks for discussion at the World Economic Forum. Now it dominates. This has important implications for investors. Research Understanding climate risk - McKinsey Global Institute News Team Friday, January 17, 2020 12:00 am http://fintech-news.net/article/56907/understanding-climate-risk-mckinsey-global-institute How could Earth’s changing climate impact socioeconomic systems across the world in the next three decades? A yearlong, cross-disciplinary research effort at McKinsey & Company provides some answers. Research The Tokenisation of Assets and Potential Implications for Financial Markets News Team Friday, January 17, 2020 12:00 am http://fintech-news.net/article/56909/the-tokenisation-of-assets-and-potential-implications-for-financial-markets Asset tokenisation has become one of the most prominent use-cases of distributed ledger technologies in financial markets Research Global Risks Report 2020 News Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56892/global-risks-report-2020 Economic and political polarization will intensify, as collaboration is needed more than ever to respond to severe threats to climate, public health, and technology systems Research Tech Trends 2020 News Team Thursday, January 16, 2020 12:00 am http://fintech-news.net/article/56899/tech-trends-2020 Deloitte’s 11th annual Tech Trends report provides insights and inspiration you will need for the digital journey ahead. Several of this year’s trends are responses to persistent IT challenges. Others represent technology-specific dimensions o Research Wells Fargo Scores Highest in Wealth Management Mobile App Satisfaction News Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56880/wells-fargo-scores-highest-in-wealth-management-mobile-app-satisfaction Mobile app recognized by J.D. Power for ease of navigation Research 73% of Financial Advisors to Accelerate Asset Allocation to ETFs in 2020, According to New Broadridge Survey News Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56874/73-of-financial-advisors-to-accelerate-asset-allocation-to-etfs-in-2020-according-to-new-broadridge-survey Variations in ETF Usage Reveal Opportunities for Asset Managers to Rethink Distribution Models Research Demands for greater information pose most significance impact on global private equity industry News Team Monday, January 13, 2020 12:00 am http://fintech-news.net/article/56838/demands-for-greater-information-pose-most-significance-impact-on-global-private-equity-industry Where Challenges Meet Opportunities’, conducted by Vistra, a leading global fund administration, trust and corporate service provider. Research 8 out of 10 millennials now prioritise responsible investing News Team Thursday, January 02, 2020 12:00 am http://fintech-news.net/article/56686/8-out-of-10-millennials-now-prioritise-responsible-investing Indeed, Environmental Social and Governance considerations now sit at the heart of that process. Research Castle Hall launches free ADV monitoring of 19,000 asset managers News Team Monday, December 30, 2019 12:00 am http://fintech-news.net/article/56652/castle-hall-launches-free-adv-monitoring-of-19000-asset-managers Fintech and Regtech solutions are now a must Research Netwealth to tap growing HNW demand News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57008/netwealth-to-tap-growing-hnw-demand A number of Netwealth's product solutions have been offered on an ad-hoc basis in the past, with different clients taking single aspects to suit their needs. Innovation & Startups Firms need more help to innovate and go green: KPMG News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57010/firms-need-more-help-to-innovate-and-go-green-kpmg Its Budget wish list includes incentives to spur tech adoption, make buildings greener Innovation & Startups Is South Africa bracing for a fintech revolution? News Aggregation Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57012/is-south-africa-bracing-for-a-fintech-revolution Lack of financial literacy could pose a problem for the development of the sector Innovation & Startups Purpose Advisor Solutions and Wealthsimple for Advisors ink tie up News Team Friday, January 24, 2020 12:00 am http://fintech-news.net/article/57016/purpose-advisor-solutions-and-wealthsimple-for-advisors-ink-tie-up Agreement unites two experienced teams and technology to further strengthen leadership in advisor services in Canada Innovation & Startups DIFC’s FinTech Hive launches new start-up ‘Scale Up Programme’ News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56993/difcamprsquos-fintech-hive-launches-new-start-up-amplsquoscale-up-programmeamprsquo DIFC's FinTech Hive Scale Up programme benefits scaleups by helping them grow through strategic partnerships Innovation & Startups Middle East, Turkey and Africa to spend top dollar on innovation, digital transformation News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56994/middle-east-turkey-and-africa-to-spend-top-dollar-on-innovation-digital-transformation Additionally, spending on artificial intelligence will top US$600-million in 2023, doubling from 2018 levels, while IOT spending will reach US$17-billion in 2023, six times the value seen in 2018. Innovation & Startups Microsoft Announces Plan To Launch Cloud Data Centre Region In Israel News Aggregation Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/56996/microsoft-announces-plan-to-launch-cloud-data-centre-region-in-israel This investment expands the company’s global cloud infrastructure to 56 cloud regions in 21 countries with the new Israel region anticipated to be available by 2021. Innovation & Startups Improving digital access offers greatest private-sector investment opportunities - Standard Chartered News Team Thursday, January 23, 2020 12:00 am http://fintech-news.net/article/57004/improving-digital-access-offers-greatest-private-sector-investment-opportunities-standard-chartered With Standard Chartered’s experience and reach into Africa, the Bank uses banking knowledge, products and its unique footprint to fund sustainable development Innovation & Startups Coinstreet Partners Awarded Asia Futurist Leadership Award News Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56952/coinstreet-partners-awarded-asia-futurist-leadership-award The Association of Family Offices in Asia, principal organizer of AFLA, is a professional society that distinctively connects single, multi and virtual family offices as well as the industry societies in the region. Innovation & Startups Zall Enters Crowded Competition For Singapore Digital Banking License News Aggregation Team Wednesday, January 22, 2020 12:00 am http://fintech-news.net/article/56955/zall-enters-crowded-competition-for-singapore-digital-banking-license The Monetary Authority of Singapore said earlier in January that 14 groups have made digital wholesale permit bids Innovation & Startups Open banking platform Tink raises €90M at a post-money valuation of €415M News Aggregation Team Monday, January 20, 2020 12:00 am http://fintech-news.net/article/56926/open-banking-platform-tink-raises-ampeuro90m-at-a-post-money-valuation-of-ampeuro415m These can be used by third parties to roll their own standalone apps or integrated into existing banking applications. Trading Platforms SA fintech startup Pago launches payment platform Tuma News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56873/sa-fintech-startup-pago-launches-payment-platform-tuma The startup, which charges a ZAR10 fee per transfer, is focused on South Africa in 2020 as it integrates with instant money services provided by banks, but does plan to expand. Trading Platforms Broadridge accelerates hybrid cloud strategy News Team Tuesday, January 14, 2020 12:00 am http://fintech-news.net/article/56857/broadridge-accelerates-hybrid-cloud-strategy Accelerating its shift to a hybrid cloud model will enable Broadridge to further deliver next-generation SaaS solutions to its clients Trading Platforms NORD/LB migrates New York, Singapore and Shanghai branches to Avaloq Banking Suite News Team Thursday, January 09, 2020 12:00 am http://fintech-news.net/article/56784/nordlb-migrates-new-york-singapore-and-shanghai-branches-to-avaloq-banking-suite NORD/LB Luxembourg Covered Bond Bank generates competitive refinancing for NORD/LB group's core lending business through the issuance of high-quality covered bonds. Trading Platforms Japan FSA Grants Client Clearing Licence to HKEX News Team Thursday, January 09, 2020 12:00 am http://fintech-news.net/article/56787/japan-fsa-grants-client-clearing-licence-to-hkex Apart from Japan, OTC Clear is also recognised by authorities in the US, European Union, and Australia to offer clearing services to their financial institutions. Trading Platforms Singapore Fintech Eyes Middle East News Aggregation Team Friday, January 03, 2020 12:00 am http://fintech-news.net/article/56702/singapore-fintech-eyes-middle-east Our Dubai office will serve as a bridge between the Middle East and Asia Pacific Trading Platforms S. Korea picks 11 local, foreign banks for won-yuan FX trading in 2020 News Aggregation Team Sunday, December 29, 2019 12:00 am http://fintech-news.net/article/56636/s-korea-picks-11-local-foreign-banks-for-won-yuan-fx-trading-in-2020 In 2014, South Korea launched the won-yuan direct market to boost trade payments in both currencies and reduce exchange rate-related risks. Trading Platforms OneConnect Opens Joint Venture in Japan News Team Wednesday, December 25, 2019 12:00 am http://fintech-news.net/article/56601/oneconnect-opens-joint-venture-in-japan "We have the world's leading technology!" said Ye Wangchun, Chairman and CEO of OneConnect. Trading Platforms Allied Wallet Asia and Founder Andy Khawaja Announce New Asia Headquarters News Team Wednesday, December 25, 2019 12:00 am http://fintech-news.net/article/56603/allied-wallet-asia-and-founder-andy-khawaja-announce-new-asia-headquarters Not only can we facilitate the payments, but we can support the preferred payment methods of the region, Andy Khawaja added, ¦we do more than support e-commerce – we stimulate growth and entrepreneurship. Trading Platforms Credit Suisse Names Confluent a Disruptive Technology Award Winner News Team Friday, December 20, 2019 12:00 am http://fintech-news.net/article/56565/credit-suisse-names-confluent-a-disruptive-technology-award-winner Event streaming pioneer honored as “Game Changer” that is disrupting traditional enterprise IT in Credit Suisse’s 2nd annual award Trading Platforms Billionaire Icap founder Michael Spencer backs £100m fintech fund News Aggregation Team Tuesday, January 21, 2020 12:00 am http://fintech-news.net/article/56937/billionaire-icap-founder-michael-spencer-backs-amppound100m-fintech-fund The investment is one of the largest made by former Conservative Party treasurer Spencer since he sold his trading technology firm Nex to the Chicago Mercantile Exchange for £3.9bn in 2018. Hedge Fund Technology KKR Closes $2.2 Billion Next Generation Technology Growth Fund II News Aggregation Team Wednesday, January 15, 2020 12:00 am http://fintech-news.net/article/56878/kkr-closes-22-billion-next-generation-technology-growth-fund-ii KKR has established a strong track record of supporting technology-focused growth companies Hedge Fund Technology DataBank Closes $185m Of New Investment For Growing Edge Play News Aggregation Team Tuesday, January 07, 2020 12:00 am http://fintech-news.net/article/56748/databank-closes-185m-of-new-investment-for-growing-edge-play DataBank operates 20 data centres in nine US markets Hedge Fund Technology Silicon Valley giant behind Spotify eyes bumper investment in Revolut News Aggregation Team Monday, December 23, 2019 12:00 am http://fintech-news.net/article/56575/silicon-valley-giant-behind-spotify-eyes-bumper-investment-in-revolut TCV, which has also invested in UK money transfer group World Remit, is reportedly looking to commit Hedge Fund Technology Investing in digital infrastructure News Aggregation Team Friday, December 20, 2019 12:00 am http://fintech-news.net/article/56552/investing-in-digital-infrastructure Dubai will also host one of the most iconic events in the world, Expo 2020, which will showcase some of the biggest technological achievements, particularly the UAE’s innovations in various fields, through its sub-themes of opportunity, mobility and Hedge Fund Technology SS&C GlobeOp helps Elan Capital transition to a standalone firm News Team Tuesday, December 17, 2019 12:00 am http://fintech-news.net/article/56505/ssampampc-globeop-helps-elan-capital-transition-to-a-standalone-firm “This lets us draw on the experience of other firms who have already expanded, or broadened the products they offer—or simply found a better way to do things,” said Tiplady. Hedge Fund Technology Bank Muscat announces new $100 million Fintech investment programme News Aggregation Team Sunday, December 15, 2019 12:00 am http://fintech-news.net/article/56467/bank-muscat-announces-new-100-million-fintech-investment-programme The bank’s long-term commitment to innovation reflecting the latest technological trends in banking is endorsed with prestigious regional and global awards like Best Consumer Digital Bank in Oman award by Global Finance. Hedge Fund Technology TIG Advisors Selects SS&C for Portfolio Accounting News Team Thursday, December 05, 2019 12:00 am http://fintech-news.net/article/56332/tig-advisors-selects-ssampampc-for-portfolio-accounting “The integration of Eze OMS and Geneva optimizes our daily workflows and provides the opportunity to leverage the best expertise across the front-, middle- and back-office.” Hedge Fund Technology MiddleGame Ventures Sets Up $165 Million FinTech Fund News Aggregation Team Friday, November 29, 2019 12:00 am http://fintech-news.net/article/56229/middlegame-ventures-sets-up-165-million-fintech-fund MiddleGame Ventures was launched by FinTech investment veteran Pascal Bouvier, Patrick Pinschmidt, and L. Michael Meyer, CFA. Hedge Fund Technology CITIC Launches Robo-Advisor in Hong Kong News Aggregation Team Friday, November 29, 2019 12:00 am http://fintech-news.net/article/56235/citic-launches-robo-advisor-in-hong-kong The launch makes CITIC the first bank in Hong Kong to offer a goals-based robo-investment advisory solution. Hedge Fund Technology