Managers of Wealth - Fintech http://fintech-news.net/ Sun, 29 Nov 2020 11:02:31 GMT part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Goldman Sachs bankers are using flying drones to help clinch billion-dollar M&A deals News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61688/goldman-sachs-bankers-are-using-flying-drones-to-help-clinch-billion-dollar-mampampa-deals Goldman Sachs has been using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. Wealth Technology Brewin Dolphin implements Objectway client management software News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61694/brewin-dolphin-implements-objectway-client-management-software During recent months, resilient and natively equipped for digital and remote work, Objectway successfully completed comprehensive training of Brewin Dolphin personnel Wealth Technology Unprecedented Doesn't Mean Impossible by Albert Chiaradonna, SEI News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61665/unprecedented-doesnamp039t-mean-impossible-by-albert-chiaradonna-sei Perhaps we succumbed to the pressure of “it’s good enough because we have always done it this way,” or the comfort of sticking with what we know. Wealth Technology How Smart Technology Turned the Covid-19 Crisis into a Means for Digital Transformation News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61680/how-smart-technology-turned-the-covid-19-crisis-into-a-means-for-digital-transformation The digital assistant has determined what your week looks like by checking a variety of sources. Wealth Technology Double Win For Objectway Wealthtech Suite At Xcelent 2020 Awards News Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61631/double-win-for-objectway-wealthtech-suite-at-xcelent-2020-awards The augmented intelligence component and overall scalability of the Optimiser solution is a distinguishing point. Wealth Technology Capgemini highlighted nine key trends that wealth managers will have to contend with in 2021 News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61641/capgemini-highlighted-nine-key-trends-that-wealth-managers-will-have-to-contend-with-in-2021 Enhancing digital capabilities and offering more personalized services will be key wealth management trends for 2021, per Capge Wealth Technology Client Stories: WH Ireland News Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61635/client-stories-wh-ireland SEI’s partnership with WH Ireland helped them to deliver change at pace and under pressure. Wealth Technology Recalibrating wealth management through 4 Ps - products, platforms, participants, principles News Aggregation Team Thursday, November 19, 2020 12:00 am http://fintech-news.net/article/61596/recalibrating-wealth-management-through-4-ps-products-platforms-participants-principles With customers seeking to place a premium on all things digital / omnichannel, it has become an existential necessity for the industry to move away from archaic business models and explore the immersive realms. Wealth Technology Quodd and IHS Markit form wealth management partnership News Team Wednesday, November 18, 2020 12:00 am http://fintech-news.net/article/61454/quodd-and-ihs-markit-form-wealth-management-partnership The partnership with IHS Markit has been instrumental for QUODD’s bank trust, RIAs, and brokerage customers. Wealth Technology Singapore Robo-Advisor Expands to UAE News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61525/singapore-robo-advisor-expands-to-uae The company said its launch is a «natural path to expand the firm into a thriving region. Wealth Technology Former JPMorgan MD joins D2 Legal Technology as strategic netting lead News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61711/former-jpmorgan-md-joins-d2-legal-technology-as-strategic-netting-lead Prior to his role at JP Morgan Chase, Mueller was the Chief Operating Officer (COO) for Equity Derivatives at Bank of America, Head of Corporate Planning for Merrill Lynch and a Principal in the financial services consulting practice at Booz Allen & H Executive Moves Scottish fintech firm appoints new chief financial officer News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61686/scottish-fintech-firm-appoints-new-chief-financial-officer Prior to this, Mr. Bain held a variety of senior roles during his 14-year tenure at Graham Technology, Executive Moves Ascend promotes Leverich to SVP News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61689/ascend-promotes-leverich-to-svp Leverich graduated from Bellevue University in Omaha, Nebraska with a degree in management information systems. Executive Moves Libra Poaches Another Credit Suisse Banker News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61695/libra-poaches-another-credit-suisse-banker Ms. Bhavsar brings two decades of leadership experience in financial services and deep expertise in legal, regulatory, and compliance matters to Libra Networks. Executive Moves Former Goldman Sachs Exec Elisha Wiesel Joins Tel Aviv based Fintech The Floor as New CIO News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61668/former-goldman-sachs-exec-elisha-wiesel-joins-tel-aviv-based-fintech-the-floor-as-new-cio While working at Goldman Sachs, Wiesel held senior Wall Street banking executive roles for more than 2 decades. Executive Moves JPMorgan Chase moves closer to UK digital bank launch with CEO hire News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61675/jpmorgan-chase-moves-closer-to-uk-digital-bank-launch-with-ceo-hire This could carve out an audience in the crowded market by building out its feature set with in-demand but rarely supported capabilities. Executive Moves Reshuffle at Wealthify as new chairman appointed News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61683/reshuffle-at-wealthify-as-new-chairman-appointed Aviva first took a majority stake in Wealthify in 2017, but in June completed a full takeover of the company. Executive Moves Finantix further strengthens APAC capabilities with senior staffing appointments News Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61658/finantix-further-strengthens-apac-capabilities-with-senior-staffing-appointments Latest appointments show firm’s ongoing commitment to building regional talent and strengthen APAC teams Executive Moves HSBC veteran hired to head Singapore operations of China's CreditEase News Aggregation Team Friday, November 20, 2020 12:00 am http://fintech-news.net/article/61604/hsbc-veteran-hired-to-head-singapore-operations-of-chinaamp039s-creditease Prior to joining the firm, Mr Yeo held senior roles at HSBC for nearly 15 years. Executive Moves PNC Promotes Senior Technology Executives News Team Friday, November 20, 2020 12:00 am http://fintech-news.net/article/61616/pnc-promotes-senior-technology-executives Both appointed to PNC's Executive Committee Executive Moves New UK tech regulator to limit power of Google and Facebook News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61717/new-uk-tech-regulator-to-limit-power-of-google-and-facebook Alok Sharma says dominance of a few big companies hurts innovation and curtails customer choice Legal,Regulation,Tax & Compliance Digitisation, COVID-19 prompt reduced headcount at Absa News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61690/digitisation-covid-19-prompt-reduced-headcount-at-absa The economic upheaval caused by the COVID-19 crisis, combined with the group’s digital transformation strategy, resulted in the bank reducing its headcount to 38 472 in 2020 – down from 41 703 in 2017. Legal,Regulation,Tax & Compliance Tax administrations around the world were already going digital. The pandemic has only accelerated the trend. News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61704/tax-administrations-around-the-world-were-already-going-digital-the-pandemic-has-only-accelerated-the-trend For tax authorities, the challenge is the lack of information about the users and the amount of payments made for the activities facilitated by the online platforms. Without such data, identifying the place of consumption is very challenging Legal,Regulation,Tax & Compliance Platform launches with 0.1% fee News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61682/platform-launches-with-01-fee The Digi product is paperless, can be completely branded and offers a client portal within which firms can share valuations, messages and documents with their clients. Legal,Regulation,Tax & Compliance Google faces UK scrutiny over new advertising data revamp News Aggregation Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61650/google-faces-uk-scrutiny-over-new-advertising-data-revamp That means login, advertising and other features would be taken off the open web and placed under Google’s control, the group said. Legal,Regulation,Tax & Compliance Ireland Update - Virtual Assets / Proposed AML Requirements News Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61659/ireland-update-virtual-assets-proposed-aml-requirements Virtual Asset Service Providers ("VASPs") to be 'designated persons': AML/CFT requirements will apply to a range of VASPs businesses for the first time. Legal,Regulation,Tax & Compliance China drafts new antitrust guideline for internet companies News Team Friday, November 20, 2020 12:00 am http://fintech-news.net/article/61612/china-drafts-new-antitrust-guideline-for-internet-companies China proposed an amendment to this law in January, including internet companies. Legal,Regulation,Tax & Compliance FCA register set for 62-hour blackout News Aggregation Team Wednesday, November 18, 2020 12:00 am http://fintech-news.net/article/61568/fca-register-set-for-62-hour-blackout Under the Senior Managers and Certification Regime firms are required to submit data to be published as part of a directory of certified and assessed persons on the register. Legal,Regulation,Tax & Compliance South Africa ditches paper cheques News Team Wednesday, November 18, 2020 12:00 am http://fintech-news.net/article/61571/south-africa-ditches-paper-cheques This decision was taken due to the numerous challenges associated with the usage of cheques. Legal,Regulation,Tax & Compliance Santander buys Wirecard’s core European business for €100m News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61550/santander-buys-wirecardamprsquos-core-european-business-for-ampeuro100m Spanish bank beats UK’s Lycamobile for continental payment-processing operations Legal,Regulation,Tax & Compliance EPI: The European Payments Initiative News Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61707/epi-the-european-payments-initiative The solution aims to become a new standard in payments for European consumers and merchants across all types of retail transactions including in-store, online, cash withdrawal and “peer-to-peer”, as an alternative to existing international pay Retail Tech The evolving European payments landscape News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61709/the-evolving-european-payments-landscape As a result, the overall payments landscape now looks dramatically different to times gone by. Retail Tech Revolut Singapore Looks to Fill Ranks News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61684/revolut-singapore-looks-to-fill-ranks The company is also seeking interns, to join its compliance, growth and operations teams for a 10-week program. Applications close on November 30. Retail Tech YES Bank implements SMS Pay functionality on POS terminals News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61700/yes-bank-implements-sms-pay-functionality-on-pos-terminals SMS Pay is a step towards facilitating merchants to accept remote payments on their POS machines and enabling their customers to transact safely from the comfort of their homes. Retail Tech SA Reserve Bank warns consumers about using EFT online payments News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61702/sa-reserve-bank-warns-consumers-about-using-eft-online-payments Instant EFT payments use a method called ‘screen scraping’, which makes it possible for third parties to access bank account data and automate actions on behalf of a consumer using that consumer’s online banking access credentials. Retail Tech Entersekt and Cellulant Partner to Deliver Safer Mobile Banking Solutions News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61669/entersekt-and-cellulant-partner-to-deliver-safer-mobile-banking-solutions Pan-African fintech giant already working on deployments with institutional customers Retail Tech Standard Bank Instant Money extends cash out points to 15,000 retail locations News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61670/standard-bank-instant-money-extends-cash-out-points-to-15000-retail-locations This sought-after service is particularly in demand at month-end, during long weekends, school breaks and holiday periods. Retail Tech Advanzia Bank taps Backbase to release three new mobile apps News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61674/advanzia-bank-taps-backbase-to-release-three-new-mobile-apps This provides the foundation to design and create mobile and web-based solutions through unified APIs. Retail Tech QIB wins 3 awards at ‘The Digital Banker’s Global Retail Banking Innovation Awards 2020’ News Aggregation Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61645/qib-wins-3-awards-at-amplsquothe-digital-bankeramprsquos-global-retail-banking-innovation-awards-2020amprsquo QIB has recently announced the results for the nine months’ period ended September 30, 2020. Retail Tech Regtech Identitii taps BW Equities for placement News Aggregation Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61651/regtech-identitii-taps-bw-equities-for-placement Identitii had BW Equities at hand to help in its effort to snare about $4 million in fresh equity via a placement of new shares. Retail Tech Sygnum: the world's first bank to offer end-to-end tokenization with launch of Desygnate solution News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61706/sygnum-the-worldamp039s-first-bank-to-offer-end-to-end-tokenization-with-launch-of-desygnate-solution This enables issuers to create unique investment opportunities for investors by connecting them seamlessly in one platform, and represents a landmark in the convergence of global public and private markets. Bitcoin, Blockchain & AI German’s finance minister does not support private digital currencies. News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61708/germanamprsquos-finance-minister-does-not-support-private-digital-currencies The German finance minister didn’t disclose whether he was against the centralized tokens, such as Facebook’s Libra and JPMorgan’s JPM Coin or if he is opposed to decentralized digital currencies as well. Bitcoin, Blockchain & AI Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61714/asset-manager-vaneck-launches-physically-backed-bitcoin-exchange-traded-note The novel ETN is issued by the asset manager Vaneck, an investment management firm with an estimated U.S. $49 billion assets under management (AUM). Bitcoin, Blockchain & AI BNP Paribas, Credit Agricole in new interbank digital currency project News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61715/bnp-paribas-credit-agricole-in-new-interbank-digital-currency-project The groups say it plans to comply with applicable regulations. Bitcoin, Blockchain & AI Bitcoin Fights Back With Power, Speed and Millions of Users News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61718/bitcoin-fights-back-with-power-speed-and-millions-of-users “The main concern and turning point for Bitcoin are trust, adoption and regulation.” Bitcoin, Blockchain & AI Crypto investment platform CoinSwitch Kuber launches iOS app News Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61719/crypto-investment-platform-coinswitch-kuber-launches-ios-app iPhone users can sign up on Kuber’s iOS app Bitcoin, Blockchain & AI ECB warns the future of money is at stake as Facebook preps January crypto launch News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61720/ecb-warns-the-future-of-money-is-at-stake-as-facebook-preps-january-crypto-launch The news has alarmed central banks, which are currently at a minimum of two years out from creating their own digital alternatives. Bitcoin, Blockchain & AI Blockchain-based remittance firm Lightnet forges partnership with Siam Commercial Bank News Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61721/blockchain-based-remittance-firm-lightnet-forges-partnership-with-siam-commercial-bank This will also further expand the Lightnet Group’s money transfer network that connects to several trusted partners not only in South Korea, but throughout Southeast Asia. Bitcoin, Blockchain & AI Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitc News Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61722/mike-novogratz-everyone-should-put-2-to-3-of-their-net-worth-in-bitc The participation by these players along with increased regulation “should smooth out some of bitcoin’s volatility. Bitcoin, Blockchain & AI Windward’s AI solution optimises Danske Bank’s compliance News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61693/windwardamprsquos-ai-solution-optimises-danske-bankamprsquos-compliance Danske Bank has brought Windward on board as a tech partner in order to fulfil its mission for enhanced financial crime compliance controls Bitcoin, Blockchain & AI FIS’ treasury management solution to power Lunar’s mobile-only digital bank News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61713/fisamprsquo-treasury-management-solution-to-power-lunaramprsquos-mobile-only-digital-bank The challenger bank explained it was looking for a leading-edge treasury management solution that provides rich functionality while leveraging open application programming (API) interfaces to ensure simple integration with cloud-based applications. Mobile Banking Wealth management apps see higher uptake, but satisfaction lags News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61685/wealth-management-apps-see-higher-uptake-but-satisfaction-lags That’s the conclusion from the J.D. Power 2020 U.S. Wealth Management Mobile App Satisfaction Study, which found that customer satisfaction with wealth mobile apps is still behind those provided by other types of financial institutions. Mobile Banking Kenyan bank launches mobile payments service News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61691/kenyan-bank-launches-mobile-payments-service Africa has been among the most prominet regions for fintech development as users, banks and technology companies have bypassed traditional banking to embrace mobile banking and payment services. Mobile Banking The FNB app is now available on Huawei’s AppGallery News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61692/the-fnb-app-is-now-available-on-huaweiamprsquos-appgallery The issue came in with local apps, mostly in the realm of mobile banking . Mobile Banking Ecommpay takes Open Banking tech to Europe News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61696/ecommpay-takes-open-banking-tech-to-europe The solution allows consumers to initiate online payments to merchants. Mobile Banking Mobile banking app Current raises $131M Series C, tops 2 million members News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61667/mobile-banking-app-current-raises-131m-series-c-tops-2-million-members Current began as a teen debit card controlled by parents, but expanded to offer personal checking accounts last year, using the same underlying banking technology. Mobile Banking Emirates NBD unveils global digital transaction banking ecosystem News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61673/emirates-nbd-unveils-global-digital-transaction-banking-ecosystem The platform to simplify working capital management and streamline complex operations Mobile Banking Capitec’s app now features QR code-based Scan To Pay News Aggregation Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61661/capitecamprsquos-app-now-features-qr-code-based-scan-to-pay Another reason for the rollout of this new tool is the recent issues surrounding the interoperability of Masterpass, which has seen its agreements with local QR payment platforms falter. Mobile Banking La Community Bank to introduce mobile banking services News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61627/la-community-bank-to-introduce-mobile-banking-services Dr Sowa said the year 2019 was a very eventful year for the banking industry adding that it saw the final resolution of the banking reforms initiated by the Bank of Ghana, which directed all banks to increase their minimum capital. Mobile Banking JP Morgan pushes ahead with UK digital bank plans News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61633/jp-morgan-pushes-ahead-with-uk-digital-bank-plans The company secured regulatory approval to launch its UK digital banking venue in the UK. Mobile Banking Breaking Down The Impact Of Covid-19 On Financial Services News Team Tuesday, November 24, 2020 12:00 am http://fintech-news.net/article/61649/breaking-down-the-impact-of-covid-19-on-financial-services To that point, we’re going to explore the specific effects COVID-19 has had on some important sectors and functions within the financial world. Comment & Analysis Deutsche Bank Eyes Growing Payments Unit With Takeovers, JV’s News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61632/deutsche-bank-eyes-growing-payments-unit-with-takeovers-jvamprsquos Deutsche Bank's renewed interest in the payments sector Comment & Analysis Buying fintech? Here’s what banks must consider News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61544/buying-fintech-hereamprsquos-what-banks-must-consider It makes the ‘build or buy’ question a pressing one. And the correct answer can only be determined on a case-by-case basis; the resources, capabilities and needs of a business will shape the approach it takes. Comment & Analysis Making banking better for billions with next-gen technology News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61546/making-banking-better-for-billions-with-next-gen-technology Digital transformation lets the boldest banks reimagine themselves – and Temenos is powering the changemakers by enabling customer-centric services and lasting relationships Comment & Analysis Celent study—Singularity and the future of investment accounting operations News Team Friday, November 13, 2020 12:00 am http://fintech-news.net/article/61489/celent-studyampmdashsingularity-and-the-future-of-investment-accounting-operations These firms are often encumbered with dated technology and legacy applications that hinder product development and geographical expansion efforts. Comment & Analysis How Fintech Is Tackling Access, Infrastructure: 'You Have To Keep Innovating' News Aggregation Team Thursday, November 12, 2020 12:00 am http://fintech-news.net/article/61463/how-fintech-is-tackling-access-infrastructure-amp039you-have-to-keep-innovatingamp039 The big thing in fintech is access Comment & Analysis Swiss Re CEO Sees Global Risks Increasing: Future of Finance News Team Wednesday, November 11, 2020 12:00 am http://fintech-news.net/article/61446/swiss-re-ceo-sees-global-risks-increasing-future-of-finance Another risk is the surge in borrowing as government’s seek to prop up pandemic-hit economies, even with many balance sheets already stretched. Comment & Analysis The next frontier in Asia payments News Aggregation Team Wednesday, November 11, 2020 12:00 am http://fintech-news.net/article/61457/the-next-frontier-in-asia-payments The impact of COVID-19 also accelerated several ongoing trends in Asia’s payments landscape Comment & Analysis Iress extends relationship with In Partnership through Xplan Mortgage News Team Thursday, November 05, 2020 12:00 am http://fintech-news.net/article/61339/iress-extends-relationship-with-in-partnership-through-xplan-mortgage Xplan Mortgage provides brokers with a simple and streamlined way to research, recommend and apply for mortgages and protection on behalf of their clients. Comment & Analysis Tech can help banks address money and mental health risks News Team Thursday, November 05, 2020 12:00 am http://fintech-news.net/article/61340/tech-can-help-banks-address-money-and-mental-health-risks Cognitive challenges can impact an individual's finances in many ways, from making it more difficult to manage money on a day-to-day basis, to impulsive spending or gambling addictions. Comment & Analysis Barbados and Scotland launch three-day cyber event News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61716/barbados-and-scotland-launch-three-day-cyber-event Scotland is recognised globally as a highly competitive international destination and an attractive place for companies to do business. Cyber Security Chubb Cyber Index(SM) Highlights Importance of Professional Services Industry Taking More Protective Steps Against Cyber Attacks News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61672/chubb-cyber-indexsm-highlights-importance-of-professional-services-industry-taking-more-protective-steps-against-cyber-attacks Businesses can take extra steps to protect their remote workforce against cyber threats Cyber Security Fake Zoom invite cripples Aussie hedge fund with $8m hit News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61634/fake-zoom-invite-cripples-aussie-hedge-fund-with-8m-hit NSW police are investigating the matter as digital crime experts report a spike in attacks on hedge funds and private equity firms this year, as informal checks were weakened due to staff working at home as a result of the pandemic. Cyber Security UK unveils National Cyber Force of hackers to target foes digitally News Aggregation Team Friday, November 20, 2020 12:00 am http://fintech-news.net/article/61603/uk-unveils-national-cyber-force-of-hackers-to-target-foes-digitally New unit aims to disrupt online activities of hostile states, terror groups and paedophiles Cyber Security China Cybersecurity and Data Protection: What you need to know about China’s draft Personal Information Protection Law News Aggregation Team Thursday, November 19, 2020 12:00 am http://fintech-news.net/article/61575/china-cybersecurity-and-data-protection-what-you-need-to-know-about-chinaamprsquos-draft-personal-information-protection-law The draft PIPL also lays down obligations on processors when sharing and transferring personal information to third parties. Cyber Security Philippines, Singapore central banks address cybersecurity risks News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61524/philippines-singapore-central-banks-address-cybersecurity-risks BSP and MAS are committed to working together and with other countries and authorities to promote an environment in financial services that fosters the development of the global economy. Cyber Security How Standard Chartered approaches cyber security News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61529/how-standard-chartered-approaches-cyber-security Bank uses security-by-design principles and conducts red-teaming exercises among other measures to fend off cyber breaches Cyber Security Banks Reinforce Protections As Cybercriminals’ Tactics Evolve News Aggregation Team Tuesday, November 17, 2020 12:00 am http://fintech-news.net/article/61543/banks-reinforce-protections-as-cybercriminalsamprsquo-tactics-evolve Pre-pandemic, many banks were already headed on a path toward digital migration. Cyber Security Saudis targeted in new wave of financial scams News Aggregation Team Monday, November 09, 2020 12:00 am http://fintech-news.net/article/61402/saudis-targeted-in-new-wave-of-financial-scams Fraudsters claim to be from trusted institutions such as central bank or Public Investment Fund Cyber Security The Dynamic Duo: Cyber-security and Due Diligence during the COVID-19 Pandemic News Team Sunday, November 08, 2020 12:00 am http://fintech-news.net/article/61386/the-dynamic-duo-cyber-security-and-due-diligence-during-the-covid-19-pandemic Of particular importance is how information is communicated during the life of a transaction. Cyber Security The Future Of Banking Is Digital News Aggregation Team Tuesday, November 03, 2020 12:00 am http://fintech-news.net/article/61304/the-future-of-banking-is-digital Chief Product Officer at nCino, leading the team responsible for the design, development and roadmap of the nCino Bank Operating System. Research Connecting people with finance: new digital core in banks News Aggregation Team Thursday, October 08, 2020 1:00 am http://fintech-news.net/article/60895/connecting-people-with-finance-new-digital-core-in-banks In this environment, traditional bank services – from deposits and loans to remittances – are quickly evolving to include payment and investment services. Research SS&C Intralinks 2021 LP Survey Highlights Alternative Investments amid Pandemic News Team Thursday, October 01, 2020 1:00 am http://fintech-news.net/article/60772/ssampampc-intralinks-2021-lp-survey-highlights-alternative-investments-amid-pandemic Fifth annual survey explores limited partners' alternative investment strategies and plans for 2021 Research How SA’s Yellow plans to expand beyond energy provision after banking funding round News Aggregation Team Friday, September 25, 2020 1:00 am http://fintech-news.net/article/60680/how-saamprsquos-yellow-plans-to-expand-beyond-energy-provision-after-banking-funding-round South African startup Yellow, which enables low income, rural households in Malawi and Uganda to access electricity through solar home systems on a financed basis, plans to move into other verticals after raising a US$3.3 million Series A funding round. Research Kaspersky finds risky password trends in South Africa News Aggregation Team Tuesday, September 22, 2020 1:00 am http://fintech-news.net/article/60607/kaspersky-finds-risky-password-trends-in-south-africa South African users are also using unreliable and unsafe methods to store or remember passwords. Research 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 Switzerland Takes Part in Singapore Fintech Festival News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61705/switzerland-takes-part-in-singapore-fintech-festival The Singapore Fintech Festival will be held in Singapore from 7-11 December Innovation & Startups Fenergo named Irish technology company of the year News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61710/fenergo-named-irish-technology-company-of-the-year Fintech takes top prize with other winners including City Swift, NearForm and Fineos Innovation & Startups Guest Viewpoint: Five reasons to invest in pensions technology News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61712/guest-viewpoint-five-reasons-to-invest-in-pensions-technology They are seeking to harness new technology to understand how they can drive value across the membership and the wider organisation. Innovation & Startups My Digital and Ecospend open up banking services for the Quantum Workforce News Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61723/my-digital-and-ecospend-open-up-banking-services-for-the-quantum-workforce Accounting and payroll services for the temporary labour market transformed by Open Finance Innovation & Startups Cynergy Bank Partners With Google Cloud and Wipro Limited to Provide New Digitial Banking Model News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61724/cynergy-bank-partners-with-google-cloud-and-wipro-limited-to-provide-new-digitial-banking-model The Cynergy Bank human and digital model will transform banking for those customers who value a seamless blend of a face-to-face relationship that is enabled by the latest digital technology. Innovation & Startups London-based fintech company Vauban bags £1.6M to harness the potential of digital funds News Aggregation Team Friday, November 27, 2020 12:00 am http://fintech-news.net/article/61725/london-based-fintech-company-vauban-bags-amppound16m-to-harness-the-potential-of-digital-funds The company has raised £1.6 million in Seed funding from leading tech investors including Pi Labs, Kima Ventures, Westloop Ventures, Argonautic Ventures, and UFP Fintech. Innovation & Startups AutoRek announces US partnership with iSoftware4Banks News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61687/autorek-announces-us-partnership-with-isoftware4banks The partnership stemmed from the unprecedented events of 2020. Innovation & Startups PagoFX launches international money transfer app in Belgium News Aggregation Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61697/pagofx-launches-international-money-transfer-app-in-belgium PagoFX, the international money transfer app from Santander, has gone live in Belgium, marking its first expansion since launching in the UK in April. Innovation & Startups Multi-Agency Collaboration Launched to Bolster Jersey’s Fintech Proposition News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61698/multi-agency-collaboration-launched-to-bolster-jerseyamprsquos-fintech-proposition The initiative aims to bring new tech business to the Island Innovation & Startups Leading International B2B technology intelligence now available on Marketing Automation and CRM platforms News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61701/leading-international-b2b-technology-intelligence-now-available-on-marketing-automation-and-crm-platforms NetFinder+ integrations now enable B2B technology marketers to access decision-makers across Europe from their existing desktop interface Innovation & Startups Emirates NBD unveils next-generation global corporate banking platform, ‘businessONLINE’ News Team Thursday, November 26, 2020 12:00 am http://fintech-news.net/article/61699/emirates-nbd-unveils-next-generation-global-corporate-banking-platform-amplsquobusinessonlineamprsquo Clients can undertake cross-border transactions seamlessly, access a consolidated view of their balances across regions and currencies, and make the most of tailor-made advice for their business needs. Trading Platforms Platform launches to help advisers serve ‘more clients’ News Aggregation Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61666/platform-launches-to-help-advisers-serve-amplsquomore-clientsamprsquo The firm says it wants to make financial advice affordable to the client and adviser to help provide “advice for all”. Trading Platforms Geneva digital bank to launch investment platform with fractional shares News Team Wednesday, November 25, 2020 12:00 am http://fintech-news.net/article/61679/geneva-digital-bank-to-launch-investment-platform-with-fractional-shares FlowBank’s pipeline is filled: In the coming weeks and months, the bank’s clients will be able to benefit from many more services Trading Platforms UAE Investment platform Sarwa launches new product offerings through SARWA X News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61636/uae-investment-platform-sarwa-launches-new-product-offerings-through-sarwa-x It allows for free local transfers from AED bank accounts to the Sarwa X account with no international transfer fees, which helps to increase user’s long-term returns. Trading Platforms U.S. Bank Adopts SEI Wealth Platform News Team Thursday, November 19, 2020 12:00 am http://fintech-news.net/article/61579/us-bank-adopts-sei-wealth-platform This news was first shared on SEI’s third-quarter 2020 earnings call. Trading Platforms R.J. O’Brien Selects Broadridge to Transform its Exchange-Traded Derivatives Operations Globally News Team Friday, November 13, 2020 12:00 am http://fintech-news.net/article/61497/rj-oamprsquobrien-selects-broadridge-to-transform-its-exchange-traded-derivatives-operations-globally Broadridge’s advanced, integrated processing platform for global derivatives will provide RJO with a scalable, agile platform to support its strategic growth plans and adapt to market change. Trading Platforms R.J. O'Brien Selects Broadridge to Transform its Exchange-Traded Derivatives Operations Globally News Team Thursday, November 12, 2020 12:00 am http://fintech-news.net/article/61475/rj-oamp039brien-selects-broadridge-to-transform-its-exchange-traded-derivatives-operations-globally The new platform will reduce the complexity and cost of running two separate back-office systems, without the need to maintain the technology and hardware. Trading Platforms Life Insurance Company Chooses Loan Servicing Platform News Aggregation Team Thursday, November 05, 2020 12:00 am http://fintech-news.net/article/61348/life-insurance-company-chooses-loan-servicing-platform National Western Life was looking for a solution to support bespoke loan terms and provide key portfolio analytics. Trading Platforms FCA gives go ahead to adviser platform buyout News Aggregation Team Wednesday, November 04, 2020 12:00 am http://fintech-news.net/article/61336/fca-gives-go-ahead-to-adviser-platform-buyout The deal will facilitate the development of Wealthtime’s proprietary platform technology to improve the adviser experience and upgrade its functionality. Trading Platforms Bankmed embarked on digital transformation with Acumennet News Team Thursday, October 29, 2020 12:00 am http://fintech-news.net/article/61239/bankmed-embarked-on-digital-transformation-with-acumennet Acumennet has been deployed as a Front-Middle-Risk Treasury system across a comprehensive spectrum of asset classes Trading Platforms OCBC to list tech-focused ETF on SGX News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61625/ocbc-to-list-tech-focused-etf-on-sgx The index returned 36.25 per cent in 2019 and 35.30 per cent in the first half of this year. Hedge Fund Technology Tech firm Factor AI receives funding to support AI development News Aggregation Team Monday, November 23, 2020 12:00 am http://fintech-news.net/article/61628/tech-firm-factor-ai-receives-funding-to-support-ai-development Tech firm FactorAI has been awarded funding to support further product development of its artificial intelligence (AI) enabled real time sensor which aims to make the formulated products industry more sustainable. Hedge Fund Technology How is AI being used in finance and stock markets? News Aggregation Team Wednesday, November 18, 2020 12:00 am http://fintech-news.net/article/61553/how-is-ai-being-used-in-finance-and-stock-markets There are three major areas of asset management in which AI plays a role: portfolio management, trading and portfolio risk management. Hedge Fund Technology SS&C Leading Fund Administrator in Asia-Pacific-Focused for Private Capital Funds News Team Friday, November 13, 2020 12:00 am http://fintech-news.net/article/61490/ssampampc-leading-fund-administrator-in-asia-pacific-focused-for-private-capital-funds Our commitment to and continued presence in the region along with the expansion of our service offices since 2007, has allowed us to grow our business to this #1 standing. Hedge Fund Technology Standard Chartered Signs Deal With AWS News Team Thursday, November 12, 2020 12:00 am http://fintech-news.net/article/61459/standard-chartered-signs-deal-with-aws Standard Chartered Bank is collaborating with AWS to drive its digital transformation and deliver new personalised banking services in the bank’s 60 markets worldwide. Hedge Fund Technology SS&C GlobeOp Hedge Fund Performance Index: October performance -0.11%; Capital Movement Index: November net flows advance 0.31% News Team Thursday, November 12, 2020 12:00 am http://fintech-news.net/article/61474/ssampampc-globeop-hedge-fund-performance-index-october-performance-011-capital-movement-index-november-net-flows-advance-031 Cumulatively, the SS&C GlobeOp Capital Movement Index for November 2020 stands at 130.52 points, an increase of 0.31 points over October 2020. Hedge Fund Technology BBVA USA offers Heloc loans with Prosper News Team Wednesday, November 11, 2020 12:00 am http://fintech-news.net/article/61450/bbva-usa-offers-heloc-loans-with-prosper The announcement comes a year after the two collaborated on and launched a digital HELOC solution Hedge Fund Technology China’s fintech sector fails to secure any funding from venture capital firms in 2020 News Aggregation Team Monday, November 09, 2020 12:00 am http://fintech-news.net/article/61412/chinaamprsquos-fintech-sector-fails-to-secure-any-funding-from-venture-capital-firms-in-2020 China is usually ranked among the world’s top hubs for fintech investment, alongside the US and UK Hedge Fund Technology Harford Mutual Insurance Group Goes Live with Sapiens PolicyPro Platform News Team Friday, October 30, 2020 12:00 am http://fintech-news.net/article/61263/harford-mutual-insurance-group-goes-live-with-sapiens-policypro-platform The modernized, fully configurable solution enables Harford Mutual Insurance Group to quickly roll out new, innovative products, automate business processes and enhance operational efficiencies Hedge Fund Technology Berlin Group starts new openFinance API Framework News Aggregation Team Wednesday, October 28, 2020 12:00 am http://fintech-news.net/article/61220/berlin-group-starts-new-openfinance-api-framework By expanding the access of customers’ financial data to broader data sources and additional account types, enhanced views on customers’ finances are offered which will empower bank customers to actively choose the best value products and servi Hedge Fund Technology The Digital Nomads Did Not Prepare for This News Aggregation Team Monday, November 09, 2020 12:00 am http://fintech-news.net/article/61407/the-digital-nomads-did-not-prepare-for-this They moved to exotic locales to work through the pandemic in style. But now tax trouble, breakups and Covid guilt are setting in. Covid-19 Pandemic drives financial advisers to speed tech change News Aggregation Team Friday, November 06, 2020 12:00 am http://fintech-news.net/article/61383/pandemic-drives-financial-advisers-to-speed-tech-change Digital shift could cut costs and open sector for broader range of clients Covid-19 The post COVID war has started: the leading group of digital banks against Big tech and Fintech News Aggregation Team Wednesday, October 28, 2020 12:00 am http://fintech-news.net/article/61225/the-post-covid-war-has-started-the-leading-group-of-digital-banks-against-big-tech-and-fintech Digital sales, a dangerous unseized opportunity for banks Covid-19 M&A Opportunities in the COVID-19 Digital Transformation News Aggregation Team Sunday, October 25, 2020 1:00 am http://fintech-news.net/article/61148/mampampa-opportunities-in-the-covid-19-digital-transformation This period of transformation provides opportunity for those investors and businesses who are able to efficiently adapt and take advantage of the new trends. Covid-19 Investors backing tech in a pandemic must balance risk and reward News Aggregation Team Friday, October 16, 2020 1:00 am http://fintech-news.net/article/61031/investors-backing-tech-in-a-pandemic-must-balance-risk-and-reward When it comes to assessing the mood of ultra-high-net-worth families, though, this is far from the whole story. Covid-19 Thriving in the pandemic: technology News Aggregation Team Thursday, September 24, 2020 1:00 am http://fintech-news.net/article/60644/thriving-in-the-pandemic-technology There are no companies that aren’t being affected by technology Covid-19 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