Managers of Wealth - Fintech http://fintech-news.net/ Sat, 11 Jul 2020 22:05:15 BST part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP ICS Financial Systems: data-driven solutions are key to adapting to a new world News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59462/ics-financial-systems-data-driven-solutions-are-key-to-adapting-to-a-new-world The wealth management industry has had to rapidly evolve as customers demand the latest digital solutions. Wealth Technology Would ‘Google Wealth Management’ be a threat to the industry? News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59466/would-amplsquogoogle-wealth-managementamprsquo-be-a-threat-to-the-industry HNWIs in Asia-Pacific are most likely to adopt wealth management offerings from big tech firms. Wealth Technology SS&C Algorithmics wins Risk Technology Awards 2020 Bank ALM system of the year News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59445/ssampampc-algorithmics-wins-risk-technology-awards-2020-bank-alm-system-of-the-year The judges were impressed with the “rich and comprehensive integrated functionality…It makes good use of technology Wealth Technology Digital Wealth Maanagement: Automation And Cost Reduction To Create Value News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59446/digital-wealth-maanagement-automation-and-cost-reduction-to-create-value One of the implications for financial institutions is the need for greater attention to the strategy of creating value: in a world where the speed of change is dizzying, operating as usual is no longer enough. Wealth Technology Al Ain Finance to replace inhouse legacy tech with Temenos SaaS News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59450/al-ain-finance-to-replace-inhouse-legacy-tech-with-temenos-saas Al Ain Finance is a Private Joint Stock Company licensed and regulated by the UAE Central Bank. Wealth Technology Vietnam's Military Commercial Joint Stock Bank signs with Temenos News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59423/vietnamamp039s-military-commercial-joint-stock-bank-signs-with-temenos Temenos Infinity Wealth delivers the broadest functionality from back-office processing to front-office portfolio management. Wealth Technology JBWere to continue using Praemium News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59397/jbwere-to-continue-using-praemium The two initially partnered on client reporting and administration solution on JBWere's wealth management portfolios on in 2016. Wealth Technology Financial Services Firms Accelerating Technology Transformation to Navigate the Pandemic, New Broadridge Study Finds News Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59406/financial-services-firms-accelerating-technology-transformation-to-navigate-the-pandemic-new-broadridge-study-finds 38% of financial services executives expect the business recovery from COVID-19 to take one- to -two years Wealth Technology Forte Securities selects Axia for investment and custody operations News Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59412/forte-securities-selects-axia-for-investment-and-custody-operations Forte Securities selected Axia platform as the core system for its custody services offering Wealth Technology FNZ and State Street Collaborate On New Wealth Management Servicing Venture News Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59414/fnz-and-state-street-collaborate-on-new-wealth-management-servicing-venture State Street will serve as sub custodian to the custody assets belonging to Wealth Manager Services clients. Wealth Technology Broadridge Announces CFO Transition News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59444/broadridge-announces-cfo-transition Broadridge has initiated a search process for a permanent successor that will include both internal and external candidates and has engaged a leading executive recruitment firm to lead this process. Executive Moves Advisers leave Tenet over new back-office system News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59449/advisers-leave-tenet-over-new-back-office-system While Ms Ash said she had now “got to grips” with the system, she described it as “not straightforward” and said she would be leaving the network at the end of the month. Executive Moves Pi Labs names advisory panel News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59455/pi-labs-names-advisory-panel The five venture partners join over 75 mentors, 70+ portfolio company founders, and over 100 co-investors in what has evolved into the largest proptech ecosystem in Europe. Executive Moves Highvern creates new finance and tech role News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59434/highvern-creates-new-finance-and-tech-role Joseph will report to Highvern Managing Director, Martin Hall, who adds “these are very exciting times at Highvern and with Joseph’s arrival we can look forward to accelerating towards the next phase of our development. Executive Moves True Potential distribution head Napier leaves for Bravura News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59399/true-potential-distribution-head-napier-leaves-for-bravura True Potential head of distribution Emma Napier has left for Bravura. Executive Moves Iress executive moves to non-executive roles News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59400/iress-executive-moves-to-non-executive-roles He will return to the role in 2021, Executive Moves First Derivatives appoints MD of managed services and consulting News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59407/first-derivatives-appoints-md-of-managed-services-and-consulting David Collins joins First Derivatives from GFT Group to lead its managed services and consulting operations. Executive Moves Infoblox Appoints Vice President of Sales to Accelerate Growth in the Asia-Pacific Region News Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59375/infoblox-appoints-vice-president-of-sales-to-accelerate-growth-in-the-asia-pacific-region The company doubles down on senior hires in the region to drive customer growth Executive Moves VP Bank appoints fintech CEO as head of new business unit News Aggregation Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59388/vp-bank-appoints-fintech-ceo-as-head-of-new-business-unit His arrival is the latest in a string of changes for VP Bank, which is also replacing its Luxembourg CEO and appointed a new private banking head recently. Executive Moves Digital bank Quontic names new CFO News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59366/digital-bank-quontic-names-new-cfo Wood is a graduate of Mt. St. Mary’s College, a certified management accountant, certified in strategy and competitive analysis, and holds accreditation from COSO in internal controls integrated framework and enterprise risk management. Executive Moves FCA statement on EIOPA guidelines on outsourcing to cloud service providers News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59448/fca-statement-on-eiopa-guidelines-on-outsourcing-to-cloud-service-providers We will keep this guidance under review and, where appropriate, consult to update this to ensure it remains consistent with relevant international standards. Legal,Regulation,Tax & Compliance BSP ready to work with German regulators News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59456/bsp-ready-to-work-with-german-regulators Diokno has assured the local markets previously that the two local banks tagged in the Wirecard scandal Legal,Regulation,Tax & Compliance KWM empowers graduates to lead tech transformation News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59457/kwm-empowers-graduates-to-lead-tech-transformation The firm's 2020 graduates attend "digital boot camps" to learn of new legal technologies and then advise senior staff in their practice groups on their adoption. Legal,Regulation,Tax & Compliance Appleby Offshore Data Protection Guide News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59424/appleby-offshore-data-protection-guide The team works frequently with local government, regulators and industry bodies to develop responses to the challenges of globalisation and regulation, with a focus on producing effective solutions for clients. Legal,Regulation,Tax & Compliance HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59429/hsbc-glitch-causes-wrong-names-on-thousands-of-smb-loans The bank has been writing to customers who accepted the loans in their own names in order to make changes. Legal,Regulation,Tax & Compliance corfinancial inks partnership with technology consultancy News Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59391/corfinancial-inks-partnership-with-technology-consultancy the software gives managers freedom within a framework to construct and manage portfolios in the context of risk, policy and mandate, so they achieve suitability whilst delivering control and transparency to management. Legal,Regulation,Tax & Compliance 16 Banks Announce Initiative to Digitalise Payments Across EU News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59403/16-banks-announce-initiative-to-digitalise-payments-across-eu The implementation phase is expected to begin in the coming weeks through the creation of an interim company in Brussels. Legal,Regulation,Tax & Compliance Wirecard Probe Expands with Arrest of Head of Dubai-Based Subsidiary News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59405/wirecard-probe-expands-with-arrest-of-head-of-dubai-based-subsidiary Wirecard filed for insolvency last month owing creditors 4 billion euros ($4.5 billion) after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud. Legal,Regulation,Tax & Compliance 'We must bow out with pride' - VBS boss Tshifhiwa Matodzi News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59413/amp039we-must-bow-out-with-prideamp039-vbs-boss-tshifhiwa-matodzi It took more than two years for the first identifiably suspicious transactions to emerge before VBS devolved into a Ponzi scheme and ultimately collapsed in March 2018. Legal,Regulation,Tax & Compliance Banking.Systems partners with PaymentComponents for Open Banking News Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59377/bankingsystems-partners-with-paymentcomponents-for-open-banking This partnership allows for NexorONE®, the online banking software solution provided by Banking.Systems®, to integrate with PaymentComponents’s pioneering Open Banking API Management platform, aplonAPI™. Legal,Regulation,Tax & Compliance COVID-19 Impact on Commercial Banking Technology News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59461/covid-19-impact-on-commercial-banking-technology As technology providers to the banking industry, we can make a significant impact on mitigating the freeze through our products and services. Retail Tech Digital bank for 'mass affluent' set to launch later this year News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59472/digital-bank-for-amp039mass-affluentamp039-set-to-launch-later-this-year Monument estimates that there are around 3.5 million “mass affluent” people in Britain with a combined £200bn in cash between them. Retail Tech NRI Selects Oracle Dedicated Region Cloud@Customer News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59439/nri-selects-oracle-dedicated-region-cloudcustomer First customer to adopt new Oracle Cloud offering Retail Tech Warba Bank's customer experience formula: placing customers at the heart of every journey News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59426/warba-bankamp039s-customer-experience-formula-placing-customers-at-the-heart-of-every-journey Kuwait has witnessed its own share of foreign-born CX invasions which have made their way onto our shores, whether it be customer onboarding, financial health insights, or in-app ecosystems. Retail Tech World Finance Reveals the Winners of its Annual Banking Awards News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59430/world-finance-reveals-the-winners-of-its-annual-banking-awards News provided by World News Media Retail Tech Revolut launches rainbow card to mark Pride celebrations News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59353/revolut-launches-rainbow-card-to-mark-pride-celebrations Last year, Revolut made 30,000 rainbow cards available to customers in the UK and Europe, which sold out in less than 24 hours. Retail Tech SoftBank-Backed OPay Pauses Ride-Hailing, Logistics Services In Nigeria News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59355/softbank-backed-opay-pauses-ride-hailing-logistics-services-in-nigeria OPay is backed by SoftBank and China’s Meituan Dianping. Retail Tech Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payment Initiative (EPI) News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59357/major-eurozone-banks-start-the-implementation-phase-of-a-new-unified-payment-scheme-and-solution-the-european-payment-initiative-epi EPI’s objective is to offer a digital payment solution that can be used anywhere in Europe and to supersede the fragmented landscape that currently still exists. Retail Tech TSB and Quilter live with Iress’ platform to connect brokers with lenders News Aggregation Team Thursday, July 02, 2020 1:00 am http://fintech-news.net/article/59343/tsb-and-quilter-live-with-iressamprsquo-platform-to-connect-brokers-with-lenders In bringing on board both sides of the value equation, we’re a huge step closer to achieving this goal. Retail Tech Wirecard Complies with MAS Directions to Keep Customer Funds in Banks in Singapore News Team Wednesday, July 01, 2020 1:00 am http://fintech-news.net/article/59310/wirecard-complies-with-mas-directions-to-keep-customer-funds-in-banks-in-singapore Wirecard has informed MAS that it is assessing its ability to continue providing its services in Singapore in light of the filing for insolvency in Germany by its parent company Wirecard AG. Retail Tech AI in financial services: addressing the risk of bias News Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59459/ai-in-financial-services-addressing-the-risk-of-bias Businesses should also consider engaging with collaborative industry initiatives to share best practice and knowledge on the development of AI. Bitcoin, Blockchain & AI ING joins Global Digital Finance News Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59465/ing-joins-global-digital-finance As Custody Working Group Co-chair ING will steer the development of Code of Conduct principles for Custody and Custodians, in partnership with fellow Co-Chair Onchain Custodian and the working group members. Bitcoin, Blockchain & AI Real estate payments using Bitcoin on the rise in Dubai News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59471/real-estate-payments-using-bitcoin-on-the-rise-in-dubai Therefore, a workaround was created by Huobi, a Singaporean crypto exchange in collaboration with fan Properties. Bitcoin, Blockchain & AI Opinion: Is Africa ready for cryptocurrency? News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59453/opinion-is-africa-ready-for-cryptocurrency Africa may well define the future of bitcoin, but is this vibrant continent ready just yet? Bitcoin, Blockchain & AI IOHK Invests Six-Figure Sum Into Crypto Asset Manager Wave Financial News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59415/iohk-invests-six-figure-sum-into-crypto-asset-manager-wave-financial Wave Financial, a private company based in Los Angeles and London, said it would raise the other $10 million from external investors. Bitcoin, Blockchain & AI Web 3.0 and the return of privacy News Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59386/web-30-and-the-return-of-privacy Anyone old enough to remember life before the Internet became ubiquitous will be well aware of the many benefits it has brought. Bitcoin, Blockchain & AI First Swiss bank integrates with Europe’s largest crypto exchange News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59360/first-swiss-bank-integrates-with-europeamprsquos-largest-crypto-exchange The bank announced a strategy to focus more on digital assets in June. Bitcoin, Blockchain & AI If encryption keys are vulnerable, so is the point of sale News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59363/if-encryption-keys-are-vulnerable-so-is-the-point-of-sale This issue is a longstanding concern for the PCI council and other security experts. Bitcoin, Blockchain & AI Tax Agency to Use AI, Big Data Technology for Audits News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59365/tax-agency-to-use-ai-big-data-technology-for-audits The center’s financial transaction analysis system is already being used as surveillance for tax evasion, identifying highly suspected cases of offshore tax evasion Bitcoin, Blockchain & AI Investors lose £1.5m to scam cryptocurrency firm News Aggregation Team Thursday, July 02, 2020 1:00 am http://fintech-news.net/article/59332/investors-lose-amppound15m-to-scam-cryptocurrency-firm As UK regulator reveals 1.1 million spike in digital asset purchases in a year Bitcoin, Blockchain & AI Apiture raises $20mn funding to enhance Digital Banking offerings News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59467/apiture-raises-20mn-funding-to-enhance-digital-banking-offerings Financial institutions are increasingly focused on effective customer engagement in a digital-centric and constantly evolving marketplace. Mobile Banking Mastercard partners with tonik, Philippines' first digital-only neobank, to accelerate financial inclusion News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59437/mastercard-partners-with-tonik-philippinesamp039-first-digital-only-neobank-to-accelerate-financial-inclusion The partnership reinforces Mastercard's leadership position as a fintech accelerator, with tonik officially licensed as a Mastercard issuer and integrated into Mastercard's global payment network. Mobile Banking Schwab Announces Action on Google Integration News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59420/schwab-announces-action-on-google-integration New Capability Makes it Even Easier for Schwab Clients to Monitor Accounts and Portfolio Across Google Assistant-Enabled Devices Mobile Banking Wilmington startup Apiture lands $20M to scale digital banking tech News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59422/wilmington-startup-apiture-lands-20m-to-scale-digital-banking-tech Apiture’s products, Apiture Xpress and Apiture Open, already serve over 400 financial institutions in the United States. Mobile Banking Advanzia brings Apple Pay to customers in Germany News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59428/advanzia-brings-apple-pay-to-customers-in-germany Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Mobile Banking Hong Kong’s Second Digital Bank Enters the Market News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59435/hong-kongamprsquos-second-digital-bank-enters-the-market Airstar joins ZA Bank – backed by mainland insurer ZhongAn Online P&C Insurance and industrial firm Sinolink Group – as the two out of eight licensed virtual banks that have launched. Mobile Banking Cloudike releases business-use cloud service in Southeast Asia News Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59402/cloudike-releases-business-use-cloud-service-in-southeast-asia Support for digital, "untact" smart work system for companies via collaboration with NBP Mobile Banking Investment app Evarvest is teaching users the tricks of the trade News Aggregation Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59387/investment-app-evarvest-is-teaching-users-the-tricks-of-the-trade The investment space is attractive to many, but is also full of pitfalls and unexpected financial costs. Mobile Banking ADIB records surge in demand for digital banking services News Team Sunday, July 05, 2020 1:00 am http://fintech-news.net/article/59371/adib-records-surge-in-demand-for-digital-banking-services These statistics indicate a fundamental shift in customer behavior, and an increase in demand for a convenient and contactless banking experience Mobile Banking Google Pay added to mobile payment offering News Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59349/google-pay-added-to-mobile-payment-offering Credit Suisse will offer Google Pay to its private clients with a Mastercard or Visa credit card issued by Swisscard. Mobile Banking Coronavirus lockdown spurs widespread adoption of digital ID tech in Canada News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59468/coronavirus-lockdown-spurs-widespread-adoption-of-digital-id-tech-in-canada In the first weeks of the pandemic, we saw millions of new Concierge users,” said Greg Wolfond, SecureKey’s CEO. Comment & Analysis FinTech can help the Islamic finance sector to innovate and grow News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59470/fintech-can-help-the-islamic-finance-sector-to-innovate-and-grow The wider adoption of technology could simplify the Islamic finance sector and help it attract more digital-savvy millennials Comment & Analysis Where are we with Open Banking? News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59474/where-are-we-with-open-banking https://www.finextra.com/blogposting/18986/where-are-we-with-open-banking Comment & Analysis What Banking For The Unbanked Means For You News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59477/what-banking-for-the-unbanked-means-for-you By definition, the unbanked are individuals that have no checking or savings accounts. Comment & Analysis Remote work is not enough to increase workplace productivity in Africa’s major tech cities News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59451/remote-work-is-not-enough-to-increase-workplace-productivity-in-africaamprsquos-major-tech-cities Briter Bridges released a report (PDF) for the last quarter of 2019 revealing that the frequency of tech hubs in Africa has increased to 643 with South Africa, Nigeria, Kenya, and Egypt making up 42.6%. Comment & Analysis THE Broadridge Next-Gen Technology Pulse Survey News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59417/the-broadridge-next-gen-technology-pulse-survey How financial services firms globally are adapting to the new digital-first environment. Comment & Analysis Refinitiv debuts ESG scores News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59418/refinitiv-debuts-esg-scores The Fund ESG scores are available on Refinitiv Workspace, Eikon or API Feed. Comment & Analysis Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59436/institutions-will-drive-mass-adoption-of-blockchain-in-finance-says-expert Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure. Comment & Analysis Digital Financial Inclusion in the Times of COVID-19 News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59394/digital-financial-inclusion-in-the-times-of-covid-19 Pandemic covid-19 really affects society. Comment & Analysis Tech start-ups lay off thousands of employees amid COVID-19 pandemic News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59398/tech-start-ups-lay-off-thousands-of-employees-amid-covid-19-pandemic Lot of employees loss there jobs due to pandemic covid -19 Comment & Analysis Banks' cyber risks rise as Covid spurs digital trends: Moody's News Aggregation Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59432/banksamp039-cyber-risks-rise-as-covid-spurs-digital-trends-moodyamp039s Cyber-attacks are mostly financially motivated and seek easily monetised data stored by the victim organisations. Cyber Security Over 100,000 cyber-attacks foiled in UAE last month, says TRA report News Aggregation Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59374/over-100000-cyber-attacks-foiled-in-uae-last-month-says-tra-report In terms of raising awareness and building capabilities, the report indicated that 2,085 awareness sessions and 105 training courses were held in June. Cyber Security How fintech in finance has developed during lockdown, and what’s in store for the future By Saka Nuru, Intuit Quickbooks News Team Monday, July 06, 2020 1:00 am http://fintech-news.net/article/59392/how-fintech-in-finance-has-developed-during-lockdown-and-whatamprsquos-in-store-for-the-future-by-saka-nuru-intuit-quickbooks A recent survey from Encompass Corporation even revealed that as many as four in 10 businesses were actually planning to scrap their banking provider due to slow services during Covid-19. Cyber Security How will cybersecurity help your business comply with the POPI Act? News Aggregation Team Friday, July 03, 2020 1:00 am http://fintech-news.net/article/59356/how-will-cybersecurity-help-your-business-comply-with-the-popi-act But for businesses this is a completely different story, dealing with people’s sensitive information requires a company to have proper security measures in place to protect that data Cyber Security Corporate cyber attacks in East Africa on the rise News Aggregation Team Tuesday, June 30, 2020 1:00 am http://fintech-news.net/article/59306/corporate-cyber-attacks-in-east-africa-on-the-rise Current attacks within East Africa are being linked to hackers employing smarter methods to distribute their server networks and occasionally purchasing command and control systems in other countries, with traffic being routed through myriad systems makin Cyber Security The “mobius strip” of cyber security News Aggregation Team Monday, June 29, 2020 1:00 am http://fintech-news.net/article/59287/the-ampldquomobius-stripamprdquo-of-cyber-security Awareness of digital threats is rapidly accelerating among businesses, but many aren’t prepared to tackle the mounting threats they now face. Cyber Security Guernsey data protection authority announces extension to exemption registration News Aggregation Team Thursday, June 25, 2020 1:00 am http://fintech-news.net/article/59223/guernsey-data-protection-authority-announces-extension-to-exemption-registration The ODPA has explained that the extensions have been granted due to the fact that it has taken longer than expected for the States of Guernsey and the ODPA to reach agreement on the method of funding the ODPA . Cyber Security Hacker made big money selling access to dozens of corporate networks News Team Thursday, June 25, 2020 1:00 am http://fintech-news.net/article/59228/hacker-made-big-money-selling-access-to-dozens-of-corporate-networks In October last year, security firm Recorded Future provided us the first comprehensive peek into Fxmsp's activities. Cyber Security DFSA publishes Cyber Thematic Review Report News Team Wednesday, June 24, 2020 1:00 am http://fintech-news.net/article/59211/dfsa-publishes-cyber-thematic-review-report The Review found that a significant number of firms had either not implemented a comprehensive cyber risk management framework or performed only a limited cyber risk assessment. Cyber Security Cybercrooks on the prowl News Aggregation Team Tuesday, June 23, 2020 1:00 am http://fintech-news.net/article/59195/cybercrooks-on-the-prowl Many bank customers continue to lose cash to cyber crooks who seemed to have turned to mobile phones to perpetrate their nefarious trade, reports LUCAS AJANAKU. Cyber Security Advisers’ DFM use set to increase by 20%, Nucleus census finds News Team Monday, June 29, 2020 1:00 am http://fintech-news.net/article/59279/advisersamprsquo-dfm-use-set-to-increase-by-20-nucleus-census-finds This year’s census suggests advisers are looking to outsource investment decision-making in a variety of ways. Research Brits set to accumulate £75bn in lockdown as new ‘money revolution’ begins News Team Monday, June 29, 2020 1:00 am http://fintech-news.net/article/59281/brits-set-to-accumulate-amppound75bn-in-lockdown-as-new-amplsquomoney-revolutionamprsquo-begins Lockdown has also led to an explosion in the use of digital banking platforms, the research shows. Research Global Cloud IT infrastructure spending will touch $70bn this year News Aggregation Team Tuesday, May 26, 2020 1:00 am http://fintech-news.net/article/58768/global-cloud-it-infrastructure-spending-will-touch-70bn-this-year Today, billions of people use personal cloud storage to manage and store private data. Research Gartner Says COVID-19 Related Cost Cuts Could Damage Long-Term Growth Prospects for CFOs News Team Wednesday, May 06, 2020 1:00 am http://fintech-news.net/article/58479/gartner-says-covid-19-related-cost-cuts-could-damage-long-term-growth-prospects-for-cfos CFO Success in Navigating Previous Crises Started with Differentiated View of Cost Management Research MEA Retail Banks are the Strongest Believers in a Cashless Society, Prioritizing Digitalization to Drive Financial Inclusion: Study News Team Tuesday, May 05, 2020 1:00 am http://fintech-news.net/article/58449/mea-retail-banks-are-the-strongest-believers-in-a-cashless-society-prioritizing-digitalization-to-drive-financial-inclusion-study Middle East and Africa (MEA) retail banks believe delaying digitalization poses genuine threats to their business models Research 9.5m Nigerians Use Our USSD Banking Service, Says FirstBank News Aggregation Team Friday, May 01, 2020 1:00 am http://fintech-news.net/article/58413/95m-nigerians-use-our-ussd-banking-service-says-firstbank At FirstBank, we are excited about the impact our innovative solutions are making in the Nigerian payment landscape. Research Fintech sector poised for long-term gain from the Coronavirus pandemic News Aggregation Team Tuesday, April 28, 2020 1:00 am http://fintech-news.net/article/58346/fintech-sector-poised-for-long-term-gain-from-the-coronavirus-pandemic The forced exposure of consumers to digital products and services due to the lockdown will give a fillip to the fintech sector in the long-run Research SS&C GlobeOp Hedge Fund Performance Index: March News Team Wednesday, April 15, 2020 1:00 am http://fintech-news.net/article/58137/ssampampc-globeop-hedge-fund-performance-index-march Published on the ninth business day of each month, the SS&C GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds Research Saudi banks should embrace fintech strategies and collaborate News Aggregation Team Monday, March 23, 2020 12:00 am http://fintech-news.net/article/57815/saudi-banks-should-embrace-fintech-strategies-and-collaborate The swift evolution of fintech has forced traditional banks to face a new reality wherein products, services and business models that have worked in the past are no longer relevant or considered as a viable option in the digital world. Research Coronavirus breakthrough: Australian researchers find ‘cure’ News Aggregation Team Monday, March 16, 2020 12:00 am http://fintech-news.net/article/57713/coronavirus-breakthrough-australian-researchers-find-amplsquocureamprsquo He said one of the medications, given to some of the first people to test positive for COVID-19 in Australia, had already resulted in ‘disappearance of the virus’ and complete recovery from the infection. Research Sanlam Banking On Tech, Partnerships To Boost Its Post-COVID Business Recovery News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59460/sanlam-banking-on-tech-partnerships-to-boost-its-post-covid-business-recovery This digital transformation is opening up alternative distribution channels while revolutionizing the customer experience.” Innovation & Startups New Singapore bank ADBC inks MoU with Tencent Cloud News Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59464/new-singapore-bank-adbc-inks-mou-with-tencent-cloud The recent spread of COVID-19 has exposed the need for updated banking services to complement traditional banking processes. Innovation & Startups Improving Banking Experiences with Biometrics News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59475/improving-banking-experiences-with-biometrics There is also behavioral biometrics that includes dynamic signature verification, keystroke dynamics, and voice recognition. Innovation & Startups IPC Wins Best Artificial Intelligence Based Solution at the WatersTechnology Asia Awards 2020 News Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59438/ipc-wins-best-artificial-intelligence-based-solution-at-the-waterstechnology-asia-awards-2020 It is a prime example of how IPC is unlocking the value in voice communications and developing highly accurate language models to serve the financial markets both in Asia and around the world. Innovation & Startups Praemium, Powerwrap merger follows decade-long courtship News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59440/praemium-powerwrap-merger-follows-decade-long-courtship Powerwrap's board has unanimously recommended shareholders approve an offer from minority shareholder Praemium to acquire the remaining 85 per cent of shares in a transaction first reported by The Australian Financial Review's Street Talk column Innovation & Startups US Ecommerce Companies Ask Govt To Defer Payment Of Digital Tax News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59441/us-ecommerce-companies-ask-govt-to-defer-payment-of-digital-tax Digital tax mandates foreign companies to pay 2% of every digital transaction as tax. Innovation & Startups African organisations ready to drive innovation: Standard Bank News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59442/african-organisations-ready-to-drive-innovation-standard-bank The paper, launched digitally, was authored by Choudary and Standard Bank CIB Digital’s Jonathan Lamb and Kent Marais. Innovation & Startups Halal angel network teams up with UK Fintech News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59443/halal-angel-network-teams-up-with-uk-fintech When looking at the $5 trillion halal market, we want to make sure our business is global, which means picking a global partner. That’s why we chose Delio. Innovation & Startups Aubrey Capital Management launches AIM Model Portfolio Service on Ascentric platform News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59447/aubrey-capital-management-launches-aim-model-portfolio-service-on-ascentric-platform The bespoke option will be particularly useful for advisors with larger clients who, for example, may need more specific management of CGT considerations Innovation & Startups Open Banking Presents New Opportunities For Banks In Kenya And The Africa region News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59452/open-banking-presents-new-opportunities-for-banks-in-kenya-and-the-africa-region The account holder will have the ownership of the data and allow them to share with other third parties at their discretion. Innovation & Startups Lemnisk Unveils Significant Platform Enhancements News Team Wednesday, July 08, 2020 1:00 am http://fintech-news.net/article/59419/lemnisk-unveils-significant-platform-enhancements Earlier this year, Lemnisk also expanded its support for verticals outside Banking, Insurance, and Financial Services. Customers in Retail, E-Commerce, Travel and Hospitality, and other verticals can also sign up for their acclaimed and proven Customer Da Trading Platforms Swiss Bank Joins With Major Crypto Exchange News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59395/swiss-bank-joins-with-major-crypto-exchange Support for these major currencies will ensure that traders and investors can start trading against Kraken’s listed crypto assets. Trading Platforms Treasury best practice: Pushing digitalization News Aggregation Team Tuesday, July 07, 2020 1:00 am http://fintech-news.net/article/59396/treasury-best-practice-pushing-digitalization The Hong Kong Jockey Club is enhancing the customer experience Trading Platforms Amazon-like future awaits banks as virus hastens online push News Aggregation Team Sunday, July 05, 2020 1:00 am http://fintech-news.net/article/59369/amazon-like-future-awaits-banks-as-virus-hastens-online-push European lenders may adopt a model similar to that of the e-commerce company, with online shop fronts for financial products Trading Platforms RiskFirst Enhances PFaroe™DB with GMP Equalisation Capabilities News Team Thursday, July 02, 2020 1:00 am http://fintech-news.net/article/59345/riskfirst-enhances-pfaroeamptradedb-with-gmp-equalisation-capabilities Adding this new feature to its award-winning solution allows RiskFirst to help clients address the requirements of GMP equalisation. Trading Platforms BBVA Banking as a Service investment solarisBank announces significant new funding to accelerate its growth News Aggregation Team Wednesday, July 01, 2020 1:00 am http://fintech-news.net/article/59319/bbva-banking-as-a-service-investment-solarisbank-announces-significant-new-funding-to-accelerate-its-growth solarisBank is continuing its impressive growth and the current financing round will help us to accelerate building a pan-European platform. Trading Platforms NetCents Technology Engages Investment Bank News Team Tuesday, June 30, 2020 1:00 am http://fintech-news.net/article/59298/netcents-technology-engages-investment-bank The Company looks forward to updating investors on the outcomes of the future collaboration with Boustead's excellent team. Trading Platforms Leonteq and Blackrock launch partnership News Aggregation Team Tuesday, June 30, 2020 1:00 am http://fintech-news.net/article/59303/leonteq-and-blackrock-launch-partnership Leonteq CEO Lukas Ruflin (pictured) said: ‘We are proud to be partnering with BlackRock and excited that our fund derivates capabilities have convinced the largest investment manager worldwide." Trading Platforms Pure Retirement partners with Iress to streamline application process News Aggregation Team Tuesday, June 30, 2020 1:00 am http://fintech-news.net/article/59308/pure-retirement-partners-with-iress-to-streamline-application-process These include additional property information and details such as advisory fees and mortgage club criteria. Trading Platforms Murex and Duco Join Forces to Offer and End-to-End Reconciliation Solution to Capital Markets News Team Wednesday, June 24, 2020 1:00 am http://fintech-news.net/article/59203/murex-and-duco-join-forces-to-offer-and-end-to-end-reconciliation-solution-to-capital-markets Murex is committed to bringing innovative solutions to its 50,000 users who rely on MX.3, Murex’s platform, to support their daily business activities. Trading Platforms Rampant technology sector offers growth in a low yield environment News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59473/rampant-technology-sector-offers-growth-in-a-low-yield-environment Meanwhile, Spaceship, a boutique fund with high exposure to tech stocks, has delivered a return of 14.77 per cent for the year ending May 31. Hedge Fund Technology Charles River Wins Best Front-Office Platform in WatersTechnology Asia Awards 2020 News Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59476/charles-river-wins-best-front-office-platform-in-waterstechnology-asia-awards-2020 These awards aim to recognize achievement in the deployment and management of financial information and technology across Asia’s capital markets. Hedge Fund Technology Islamic banks ‘way ahead in adopting financial technology’ News Aggregation Team Thursday, July 02, 2020 1:00 am http://fintech-news.net/article/59336/islamic-banks-amplsquoway-ahead-in-adopting-financial-technologyamprsquo The scope and speed of evolution in the way consumers interact with their banking institutions, business practices and financial technologies form the main areas of competition between Islamic financial institutions and their conventional counterparts Hedge Fund Technology Union Investment Group signs with BearingPoint for tax reporting News Team Thursday, July 02, 2020 1:00 am http://fintech-news.net/article/59347/union-investment-group-signs-with-bearingpoint-for-tax-reporting BearingPoint RegTech has more than 20 years of experience in the automation of tax reports Hedge Fund Technology Santander Brasil calls for banks to share tech infrastructure News Aggregation Team Wednesday, June 24, 2020 1:00 am http://fintech-news.net/article/59210/santander-brasil-calls-for-banks-to-share-tech-infrastructure Rial said that Brazilian banks must rethink and redesign their infrastructure if the segment is to remain competitive. Hedge Fund Technology Truss Edge launches outsourced technology service for family office market News Team Thursday, June 11, 2020 1:00 am http://fintech-news.net/article/59023/truss-edge-launches-outsourced-technology-service-for-family-office-market Truss Edge delivers front to back investing in private investments Hedge Fund Technology Trustly announces strategic minority investment by a consortium of investors to support further expansion News Aggregation Team Wednesday, June 10, 2020 1:00 am http://fintech-news.net/article/58994/trustly-announces-strategic-minority-investment-by-a-consortium-of-investors-to-support-further-expansion Citigroup Global Markets Limited acted as financial advisor in connection with this transaction. Hedge Fund Technology Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion News Team Tuesday, June 02, 2020 1:00 am http://fintech-news.net/article/58875/appway-announces-37-million-investment-from-summit-partners-to-fuel-global-expansion Funding will be used to accelerate international growth, product development and technology innovation to help empower financial services in a new era of digital connectedness. Hedge Fund Technology HESTA awards investment data mandate News Aggregation Team Thursday, May 14, 2020 1:00 am http://fintech-news.net/article/58591/hesta-awards-investment-data-mandate The software company underwent a rigorous selection process, it said, to beat out its competitors for the mandate. Hedge Fund Technology SS&C GlobeOp Hedge Fund Performance Index at 4.21% per cent in April News Team Wednesday, May 13, 2020 1:00 am http://fintech-news.net/article/58578/ssampampc-globeop-hedge-fund-performance-index-at-421-per-cent-in-april Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.10% in May. Hedge Fund Technology Covid-19 sparks digital banking rush in Nigeria News Aggregation Team Friday, July 10, 2020 1:00 am http://fintech-news.net/article/59463/covid-19-sparks-digital-banking-rush-in-nigeria Many customers who previously avoided e-payment services are being converted following the Covid-19 induced lockdown. Michael Nwadike reports from Lagos Festus Charles, a 45-year old factory worker based in Lagos, used to have nothing but disdain for e-b Covid-19 What Will COVID-19 Do To Banking? News Aggregation Team Thursday, July 09, 2020 1:00 am http://fintech-news.net/article/59458/what-will-covid-19-do-to-banking Medium-size banks will suffer because they will find it difficult to generate the cost efficiencies and IT investment needed in the new environment. Covid-19 Managing credit risk during a global pandemic—key considerations and best practices News Team Sunday, June 28, 2020 1:00 am http://fintech-news.net/article/59269/managing-credit-risk-during-a-global-pandemicampmdashkey-considerations-and-best-practices Perhaps this reflects the more sobering realities of the severe impacts the economic shutdown has had on global output and employment, and expected levels of bad debt and credit losses likely to accrue to existing bank balance sheets. Covid-19 Openwork gains 100 advisers in lockdown boost News Aggregation Team Tuesday, June 23, 2020 1:00 am http://fintech-news.net/article/59194/openwork-gains-100-advisers-in-lockdown-boost "The threat remains but as lockdown measures are slowly eased across the UK, it is important that we not only reflect on the past 100 days but also begin to look forward. Covid-19 The COVID-19 pandemic: How it’s impacting asset management sales teams News Team Monday, June 22, 2020 1:00 am http://fintech-news.net/article/59160/the-covid-19-pandemic-how-itamprsquos-impacting-asset-management-sales-teams Prospecting has been more challenging. Covid-19 How to avoid the virus as the world reopens | Free to read News Aggregation Team Sunday, June 14, 2020 1:00 am http://fintech-news.net/article/59043/how-to-avoid-the-virus-as-the-world-reopens-free-to-read A guide to where the biggest risks lie as lockdowns ease Covid-19 The Covid crisis and the Oceans News Team Monday, June 08, 2020 1:00 am http://fintech-news.net/article/58952/the-covid-crisis-and-the-oceans The crisis we are going through, and more particularly the widespread lockdown episode imposed on nearly half of humanity, has shown how much human activity weighs on our planet and the oceans in particular. On the occasion of World Oceans Day, on 8 June, Covid-19 How is the COVID-19 pandemic impacting on the global economy? News Team Monday, June 08, 2020 1:00 am http://fintech-news.net/article/58954/how-is-the-covid-19-pandemic-impacting-on-the-global-economy Will the economic reality reflect the gloomy picture painted by numerous surveys? Early data suggests that the decline in activity has indeed been sharp. Covid-19 World Federation of Exchanges publishes update on industry cyber efforts during the pandemic News Team Thursday, May 28, 2020 1:00 am http://fintech-news.net/article/58812/world-federation-of-exchanges-publishes-update-on-industry-cyber-efforts-during-the-pandemic WFE members have all benefited from the use of established practices operating under dedicated teams and, where appropriate, standing up additional resources to facilitate the continued delivery of a safe and efficient marketplace. Covid-19 The Future Of Fintech: The New Normal After The Covid-19 Crisis News Aggregation Team Wednesday, May 27, 2020 1:00 am http://fintech-news.net/article/58780/the-future-of-fintech-the-new-normal-after-the-covid-19-crisis There’s a misguided notion held by many that fintech startups are somehow more ethical than legacy banks Covid-19