Fintech News http://fintech-news.net/ Mon, 24 Sep 2018 09:12:05 BST part of MediaG8way Group http://fintech-news.net/ http://fintech-news.net/assets/images/logo.png Fintech News KohanaPHP Digital wealth manager launches partnership with venture capital firm News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50686/digital-wealth-manager-launches-partnership-with-venture-capital-firm Tiller Investments, the online wealth manager, has struck an agreement with West Hill Capital. Wealth Technology Wealth Intelligence platform launched News Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50688/wealth-intelligence-platform-launched We are excited to officially announce the complete launch of our Wealth Intelligence (WIN) platform, a truly unique, cost-effective, fully-featured wealth management solution for wealth managers and financial institutions Wealth Technology IRESS announces integration between XPLAN and moneyinfo News Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50666/iress-announces-integration-between-xplan-and-moneyinfo We continue to expand our integration partnerships and we will be adding further integrations in the coming weeks and months Wealth Technology Emotomy To Provide Wealth-Management Platform To Transatlantique Private Wealth News Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50648/emotomy-to-provide-wealth-management-platform-to-transatlantique-private-wealth Digital platform to serve worldwide private bank Wealth Technology Standard Chartered Private Bank integrates tech and tradition for new UK Resident non-Domiciled service News Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50637/standard-chartered-private-bank-integrates-tech-and-tradition-for-new-uk-resident-non-domiciled-service Standard Chartered’s UK RND service uses technology based safeguards to automatically segregate cashflows. Wealth Technology Avaloq upgrades open software architecture designed to make banks more agile News Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50639/avaloq-upgrades-open-software-architecture-designed-to-make-banks-more-agile The upgrade to Avaloq’s open software architecture allows financial institutions to consolidate IT operations onto a single platform. Wealth Technology Oranj Named 2018 WealthManagement.com Industry Awards Finalist News Team Friday, September 14, 2018 1:00 am http://fintech-news.net/article/50621/oranj-named-2018-wealthmanagementcom-industry-awards-finalist Winners are selected by a panel of independent judges made up of top names in the industry. Wealth Technology Profile Software at the Annual Middle East Banking Innovation Summit in Dubai News Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50592/profile-software-at-the-annual-middle-east-banking-innovation-summit-in-dubai It supports banking in the digital era through online and powerful features for client onboarding, transactions, loans, mortgages, automated credit scoring and payments. Wealth Technology A ballsy effort by Avaloq News Aggregation Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50573/a-ballsy-effort-by-avaloq Well, after Money Management's recent and highly successful Future of Wealth Management Conference, the answer is arguably Avaloq. Wealth Technology Jersey based asset manager selects wealth platform News Team Monday, September 10, 2018 1:00 am http://fintech-news.net/article/50563/jersey-based-asset-manager-selects-wealth-platform The Wealth Intelligence platform is hosted on Amazon Web Services Wealth Technology Technology investment bank Qatalyst hires Zweig from JPMorgan News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50689/technology-investment-bank-qatalyst-hires-zweig-from-jpmorgan At JPMorgan, Zweig was focused on executing mergers and acquisitions in the technology sector. Executive Moves Avaloq hires from Credit Suisse News Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50673/avaloq-hires-from-credit-suisse Avaloq’s front and back office products and its SaaS and BPaaS solutions continue to win new customers and deliver significant value for established customers as the digital transformation of the financial services sector continues. Executive Moves Brooks boss joins IA board alongside three fund heavyweights. News Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50674/brooks-boss-joins-ia-board-alongside-three-fund-heavyweights The appointments near-double the number of women at the top of the UK's asset management trade body to 40%. Executive Moves Citigroup appoints three software investment bankers News Aggregation Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50651/citigroup-appoints-three-software-investment-bankers Marshall will be the bank’s co-head of software, alongside Sam Kumar, who joined the bank in 2015 and covers Softbank Group. Executive Moves Union Bank Appoints Head of Digital Banking News Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50654/union-bank-appoints-head-of-digital-banking She will work closely with the bank's technology team to deliver interactive digital experiences for both existing and prospective clients across all client touchpoints, including online and mobile applications. Executive Moves BRG Capital Advisors Expands LA Office with Technology Investment Banker News Team Friday, September 14, 2018 1:00 am http://fintech-news.net/article/50625/brg-capital-advisors-expands-la-office-with-technology-investment-banker He will be responsible for the expansion of BRG Capital Advisors' M&A capabilities. Executive Moves Liquidnet Appoints General Counsel News Team Friday, September 14, 2018 1:00 am http://fintech-news.net/article/50629/liquidnet-appoints-general-counsel Knopp has served on the Investment Committee of the Liquidnet for Good Fund since 2006 Executive Moves Sterling Global Financial Appoints Leading Fin-tech lawyer as MD News Team Thursday, September 13, 2018 1:00 am http://fintech-news.net/article/50610/sterling-global-financial-appoints-leading-fin-tech-lawyer-as-md Mr. Macculloch has a breadth of experience and legal knowledge with international initial coin offerings, and has acted as Cayman counsel for several high-profile funds and decentralized blockchain projects. Executive Moves Broadridge names new CEO and executive chairman News Team Thursday, September 13, 2018 1:00 am http://fintech-news.net/article/50612/broadridge-names-new-ceo-and-executive-chairman All moves will be effective 2 January 2019. Executive Moves Former Visa exec joins Nomanini Board of Directors News Team Thursday, September 13, 2018 1:00 am http://fintech-news.net/article/50613/former-visa-exec-joins-nomanini-board-of-directors Nomanini is a FinTech company that provides banking, merchant and payment technology, primarily in emerging markets, to boost financial inclusion via digital platforms. Executive Moves ICO fines Equifax for data breach News Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50693/ico-fines-equifax-for-data-breach Credit reference agency Equifax fined for security breach Legal,Regulation,Tax & Compliance Switzerland and Israel share thoughts on ICO regulation News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50691/switzerland-and-israel-share-thoughts-on-ico-regulation Swiss officials visited Israel this week to open a dialogue on how best to regulate ICOs (initial coin offerings) and the wider blockchain and cryptocurrency spaces. Legal,Regulation,Tax & Compliance Outcome of BCBS meeting News Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50694/outcome-of-bcbs-meeting The Committee exchanged views on emerging conjunctural and structural risks. Legal,Regulation,Tax & Compliance CADE launches investigation into six Brazilian banks regarding cryptocurrency trading News Aggregation Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50671/cade-launches-investigation-into-six-brazilian-banks-regarding-cryptocurrency-trading Brazil’s anti-trust agency has launched an investigation into six of Brazil’s financial institutions as a result of potential illicit trading practices. Legal,Regulation,Tax & Compliance Singapore Introduces World’s First Unified Payment QR Code – SGQR News Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50646/singapore-introduces-worldamprsquos-first-unified-payment-qr-code-ampndash-sgqr Members of the task force include both Singapore and international payments providers, who will implement SGQR for their Singapore merchants. Legal,Regulation,Tax & Compliance Hong Kong Monetary Authority announces launch of Faster Payment System News Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50636/hong-kong-monetary-authority-announces-launch-of-faster-payment-system It enables the public to transfer funds anytime, anywhere, across different banks Legal,Regulation,Tax & Compliance Appleby acted as Cayman counsel to Carlyle on a landmark transaction awarded "Private Equity Deal of the Year" at the China Law and Practice Awards. News Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50640/appleby-acted-as-cayman-counsel-to-carlyle-on-a-landmark-transaction-awarded-ampquotprivate-equity-deal-of-the-yearampquot-at-the-china-law-and-practice-awards The transaction was led by Partner Nicholas Davies and Counsel Vincent Chan, both based in Appleby’s Hong Kong office. Legal,Regulation,Tax & Compliance World's First Cross-Border, Open-Architecture Platform to Improve Financial Inclusion News Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50645/worldamp039s-first-cross-border-open-architecture-platform-to-improve-financial-inclusion A global consortium led by Virtusa, which includes Fidor and Percipient, has been selected to develop and operate APIX. Legal,Regulation,Tax & Compliance Crypto Regulations Need a ‘Do No Harm’ Approach: CFTC Chairman News Aggregation Team Sunday, September 16, 2018 1:00 am http://fintech-news.net/article/50633/crypto-regulations-need-a-amplsquodo-no-harmamprsquo-approach-cftc-chairman US CFTC Chairman J. Christopher Giancarlo suggested a “do no harm” approach to cryptocurrency regulations, comparing it with the rise of the Internet. Legal,Regulation,Tax & Compliance U.S SEC. Penalizes Crypto Hedge Fund for Violating Securities Law News Aggregation Team Friday, September 14, 2018 1:00 am http://fintech-news.net/article/50622/us-sec-penalizes-crypto-hedge-fund-for-violating-securities-law Founder Timothy Enneking and his company illegally sold stakes in the hedge fund to U.S. investors. Legal,Regulation,Tax & Compliance Investree to be first P2P distributor of upcoming Indonesia gov’t sukuk issue - CEO News Aggregation Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50656/investree-to-be-first-p2p-distributor-of-upcoming-indonesia-govamprsquot-sukuk-issue-ceo Details of the upcoming sukuk have not been revealed but Gunadi is optimistic of its size based on the success of the conventional bond issuance. Retail Tech Access Bank to launch whatsApp Banking in Zambia News Aggregation Team Sunday, September 16, 2018 1:00 am http://fintech-news.net/article/50630/access-bank-to-launch-whatsapp-banking-in-zambia Access Bank quest for the whats app banking offering is to deepen its commitment towards providing easy banking experience to customers Retail Tech 21st Century banking challenges: A Fintech revolution News Aggregation Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50579/21st-century-banking-challenges-a-fintech-revolution The increasing popularity of FinTech companies is disrupting the way traditional banking has been done. Retail Tech Bank of China’s US branches goes live with Fenergo solutions News Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50584/bank-of-chinaamprsquos-us-branches-goes-live-with-fenergo-solutions Fenergo CLM provides BoC US Branches with an end-to-end client management solution Retail Tech First Hawaiian Bank Says “Aloha” to Voice Banking News Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50586/first-hawaiian-bank-says-ampldquoalohaamprdquo-to-voice-banking Bank will be first based on the Island to offer voice banking to its customers Retail Tech Philippine Veterans Bank taps Fiserv for digital transformation News Team Wednesday, September 05, 2018 1:00 am http://fintech-news.net/article/50520/philippine-veterans-bank-taps-fiserv-for-digital-transformation Bank will move to a Fiserv platform and add digital banking capabilities for the first time Retail Tech HSBC expands digital experience with new Customer Service Unit in Mirdiff City Centre News Aggregation Team Tuesday, September 04, 2018 1:00 am http://fintech-news.net/article/50507/hsbc-expands-digital-experience-with-new-customer-service-unit-in-mirdiff-city-centre Digital branch design is the first of its kind for HSBC globally Retail Tech Australian neobank Xinja taps IRESS to process home loans News Aggregation Team Thursday, August 30, 2018 1:00 am http://fintech-news.net/article/50484/australian-neobank-xinja-taps-iress-to-process-home-loans IRESS technology speaks to third parties, and manages the workflow quickly and smoothly. Retail Tech Robo-adviser sees 281% client growth as losses double News Aggregation Team Friday, August 24, 2018 1:00 am http://fintech-news.net/article/50430/robo-adviser-sees-281-client-growth-as-losses-double We’re looking at factoring in partner income, monthly savings, and expenditure to help make financial goals more attainable. Retail Tech Kenyan Banks Explore Blockchain Technology Use But Seek Authorization First News Aggregation Team Thursday, August 23, 2018 1:00 am http://fintech-news.net/article/50421/kenyan-banks-explore-blockchain-technology-use-but-seek-authorization-first The appeal to adopt the use of the distributed-ledger technology comes at a time when there is a fall in revenue in the financial sector Retail Tech Switzerland’s Crypto Valley gets blockchain incubator News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50690/switzerlandamprsquos-crypto-valley-gets-blockchain-incubator It will invest a fixed amount of seed funding ($125,000) in a large number of promising early stage blockchain companies in return for equity or tokens Bitcoin, Blockchain & AI This Company Is Using Bitcoin to Help Others Pay for Ransomware Attacks News Aggregation Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50670/this-company-is-using-bitcoin-to-help-others-pay-for-ransomware-attacks Many security experts advise victims of these attacks not to negotiate with hackers and avoid paying the requested ransom at all costs. Bitcoin, Blockchain & AI Blockchain-based tech to enrol bank customers extended to SMEs in Abu Dhabi News Aggregation Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50657/blockchain-based-tech-to-enrol-bank-customers-extended-to-smes-in-abu-dhabi ADGM chief tells Fintech Abu Dhabi that e-KYC, private financing and trade finance platforms should ease access to funding Bitcoin, Blockchain & AI LIC invests in crypto platform News Aggregation Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50658/lic-invests-in-crypto-platform FGF invests in companies across different industries and funding stages. Bitcoin, Blockchain & AI UK Treasury’s ‘proactive’ approach to cryptocurrencies welcomed by deVere News Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50665/uk-treasuryamprsquos-amplsquoproactiveamprsquo-approach-to-cryptocurrencies-welcomed-by-devere The report concludes: “Regulation [is] needed for…crypto-asset market” and that the “ambiguity of the UK Government and regulators’ position is clearly not sustainable.” Bitcoin, Blockchain & AI Ripple and its products are a fantastic opportunity for cryptocurrency enthusiasts says fintech officials News Aggregation Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50668/ripple-and-its-products-are-a-fantastic-opportunity-for-cryptocurrency-enthusiasts-says-fintech-officials The fintech official spoke about the regulations and the restrictions being placed on cryptocurrencies across sectors and gave his two cents on where the digital asset can go from here. Bitcoin, Blockchain & AI GNY launches new initial coin offering in Jersey News Aggregation Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50653/gny-launches-new-initial-coin-offering-in-jersey The JFSC released its final guidance note in relation to Initial Coin Offerings last July, following the wake of many high profile crypto ventures launching from Jersey, including several ICOs. Bitcoin, Blockchain & AI Treat Bitcoin Like Switzerland Does, Zimbabwe Finance Minister Tells Central Bank News Aggregation Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50655/treat-bitcoin-like-switzerland-does-zimbabwe-finance-minister-tells-central-bank The RBZ has meanwhile taken an increasingly risk-averse stance on cryptocurrency Bitcoin, Blockchain & AI Bitcoin Aiming for Trillion Dollar Market: More than 4 Reasons to be Bullish News Aggregation Team Sunday, September 16, 2018 1:00 am http://fintech-news.net/article/50631/bitcoin-aiming-for-trillion-dollar-market-more-than-4-reasons-to-be-bullish his further means, investors will be able to go long or short on the leading crypto. Bitcoin, Blockchain & AI Ripple Just Confirmed a Landmark Deal With a Banking Giant in the Middle East News Aggregation Team Sunday, September 16, 2018 1:00 am http://fintech-news.net/article/50632/ripple-just-confirmed-a-landmark-deal-with-a-banking-giant-in-the-middle-east Ripple scores big in the Middle East as the region’s second-largest bank agrees to come on board its blockchain-powered global payment network, RippleNet. Bitcoin, Blockchain & AI Nedbank’s MobiMoney brings accessible banking to all South Africans News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50692/nedbankamprsquos-mobimoney-brings-accessible-banking-to-all-south-africans Now all South Africans will have access to banking services. Mobile Banking South Africa's Jumo scores Goldman Sachs investment for Asian expansion News Aggregation Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50661/south-africaamp039s-jumo-scores-goldman-sachs-investment-for-asian-expansion Working with banks and mobile network operators, the firm has been used by more than nine million people across Africa to save or borrow, with nearly 70% of these being micro and small business owners. Mobile Banking Emerico highlights suite of digitisation technologies for the banking industry at the ME Banking Innovation Summit in Dubai News Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50652/emerico-highlights-suite-of-digitisation-technologies-for-the-banking-industry-at-the-me-banking-innovation-summit-in-dubai Innovative solutions include the V3 Cockpit Smart VTM that combines traditional ATM features with over-the-counter services Mobile Banking ASBB enhances mobile banking wxperience with Clayfin News Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50649/asbb-enhances-mobile-banking-wxperience-with-clayfin The new mobile banking app has also ensured a seamless omnichannel experience for customers across its digital channels Mobile Banking Ithmaar Bank and Eazy Financial Services announce plans to launch the region's first biometric payment network News Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50650/ithmaar-bank-and-eazy-financial-services-announce-plans-to-launch-the-regionamp039s-first-biometric-payment-network The Bahraini-created solution will provide consumers with a safer, more convenient and more secure way to bank Mobile Banking Instant EFT providers reply to bank disapproval News Aggregation Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50638/instant-eft-providers-reply-to-bank-disapproval Following the chorus of disapproval towards these services, MyBroadband reached out to major instant EFT providers for their perspective on the practice. Mobile Banking Robo-adviser drums up £3.8m funding News Aggregation Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50644/robo-adviser-drums-up-amppound38m-funding The funding round follows a seed funding round of £2.5m, which was completed in 2017, and almost a year of integration with GoCompare’s services. Mobile Banking TD Bank Group and The Hydrogen Technology announce North American agreement to bring automated, digital investing solutions to TD clients News Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50599/td-bank-group-and-the-hydrogen-technology-announce-north-american-agreement-to-bring-automated-digital-investing-solutions-to-td-clients The agreement makes TD the first Canadian bank to offer clients the ability to independently create financial plans and investment portfolios, all seamlessly integrated via an online brokerage account. Mobile Banking Barclays launches Open Banking feature on its app News Aggregation Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50605/barclays-launches-open-banking-feature-on-its-app The Barclays open banking feature will be rolled out to customers over the coming weeks. Mobile Banking DBS wealth clients can now use WhatsApp and WeChat for banking services News Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50582/dbs-wealth-clients-can-now-use-whatsapp-and-wechat-for-banking-services To access the service, RMs can register interested clients in a private chat group with the bank. Mobile Banking 7IM shows how technology can work for customers News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50679/7im-shows-how-technology-can-work-for-customers A good example of how this can work well is the most recent changes to the way the 7Imagine app from Seven Investment Management treats state pensions. Comment & Analysis World Retail Banking Report 2018: Banks must respond to soaring customer expectations as non-traditional competition looms News Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50672/world-retail-banking-report-2018-banks-must-respond-to-soaring-customer-expectations-as-non-traditional-competition-looms The report also surveyed banking executives about the main causes of industry disruption. Comment & Analysis Bitcoin will lose 50% of its market share to Ethereum in five years News Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50662/bitcoin-will-lose-50-of-its-market-share-to-ethereum-in-five-years “Ethereum is already light years ahead of Bitcoin in everything but price – and this gap will become increasingly apparent as more and more investors jump into crypto. ” Comment & Analysis FS firms admit spending £1m on wasted digital transformation News Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50664/fs-firms-admit-spending-amppound1m-on-wasted-digital-transformation These findings suggest that right now many organisations are failing to follow through on these important projects, leaving organisations heavily out of pocket and at a digital disadvantage. Comment & Analysis Robo boss predicts death of investment funds News Aggregation Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50598/robo-boss-predicts-death-of-investment-funds Earlier this year Scalable Capital passed through the €1bn (£890m) of assets threshold after launching in 2016. Comment & Analysis Australia Leads Blockchain Implementation News Aggregation Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50578/australia-leads-blockchain-implementation Randall Brugeaud, who was appointed to be the CEO of the DTA earlier this year, identified the Australian welfare system as a near-term target for blockchain implementation. Comment & Analysis Augmentum Fintech makes GBP5.3 million investment in Monese News Aggregation Team Friday, September 07, 2018 1:00 am http://fintech-news.net/article/50551/augmentum-fintech-makes-gbp53-million-investment-in-monese The new funds are being raised by Monese for product development and international expansion, including building-out both the London and Tallinn offices, as well as opening a new office in Portugal as a base for development across Southern Europe. Comment & Analysis Africa and its Antiquated Banking: Bitcoin The Solution? News Aggregation Team Wednesday, September 05, 2018 1:00 am http://fintech-news.net/article/50522/africa-and-its-antiquated-banking-bitcoin-the-solution South Africa demonstrates incredible potential to becoming a leader in blockchain development in Africa Comment & Analysis Technology is the 'most profound force bearing down' on big banks, ex-Barclays boss says News Aggregation Team Tuesday, September 04, 2018 1:00 am http://fintech-news.net/article/50511/technology-is-the-amp039most-profound-force-bearing-downamp039-on-big-banks-ex-barclays-boss-says "If you look at how the banks are capitalized today, the amount of liquidity they have inside them, they are way stronger today than they were before the crisis and that, of course, is a good thing," Jenkins said. Comment & Analysis Fintech companies: The ideal talent pool for banks? News Aggregation Team Tuesday, September 04, 2018 1:00 am http://fintech-news.net/article/50512/fintech-companies-the-ideal-talent-pool-for-banks In the study, Malaysia and Thailand were among the top countries to struggle to find tech talent, followed by Indonesia, Philippines, and Singapore. Comment & Analysis Hackers steal $60 million from Japanese Crypto exchange News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50682/hackers-steal-60-million-from-japanese-crypto-exchange Japanese digital currency exchange has been hacked for two hours Cyber Security China Cybersecurity and Data Protection: What you need to know about China's own GDPR News Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50663/china-cybersecurity-and-data-protection-what-you-need-to-know-about-chinaamp039s-own-gdpr The Standards are the first set of national standards on personal information protection and are a key step to implementing the personal information protection provisions in the Cyber Security Law. Cyber Security Nucleus boss blasts adviser attitudes to cyber security News Aggregation Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50667/nucleus-boss-blasts-adviser-attitudes-to-cyber-security The adviser was taking instructions from clients via email, and I don’t think advisers should ever accept instructions via email. Cyber Security Seven Tips to Protect Wealthy Families from Cybersecurity Threats News Aggregation Team Friday, September 14, 2018 1:00 am http://fintech-news.net/article/50624/seven-tips-to-protect-wealthy-families-from-cybersecurity-threats The more money a client has, the bigger the target on their back. Cyber Security Fredericton’s Beauceron Joins Leading U.K. Cybersecurity Accelerator News Aggregation Team Thursday, September 13, 2018 1:00 am http://fintech-news.net/article/50608/frederictonamprsquos-beauceron-joins-leading-uk-cybersecurity-accelerator Born at the University of New Brunswick, Beauceron offers a cloud-based risk management platform for organizations to measure and monitor human-centric cyber risk. Cyber Security German central bank warns of cyber risks to financial institutes News Aggregation Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50590/german-central-bank-warns-of-cyber-risks-to-financial-institutes All banks need to work towards adapting their business models to new digital realities Cyber Security UK and Israel forge closer links to foster fintech and cyber security innovation News Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50595/uk-and-israel-forge-closer-links-to-foster-fintech-and-cyber-security-innovation The partnership will strengthen support for innovation and encourage new global business opportunities by streamlining the exchange of technology and expertise between both markets. Cyber Security Commissioner reports on data breaches News Aggregation Team Tuesday, August 28, 2018 1:00 am http://fintech-news.net/article/50456/commissioner-reports-on-data-breaches The ODPC continues to be engaged with the data controller on these cases. Cyber Security Islands launch cyber security study News Team Friday, August 24, 2018 1:00 am http://fintech-news.net/article/50425/islands-launch-cyber-security-study The study is expected to deliver a final report by the end of the year that will provide a detailed business case for the recommended model. A separate project to set up the preferred solution will commence in 2019. Cyber Security Breaking — Australian Government releases draft decryption legislation News Aggregation Team Monday, August 20, 2018 1:00 am http://fintech-news.net/article/50381/breaking-ampmdash-australian-government-releases-draft-decryption-legislation The legislation is subject to public consultation until 10 September 2018. Cyber Security Mena's nascent fintech market to grow by $125m a year News Aggregation Team Friday, September 14, 2018 1:00 am http://fintech-news.net/article/50619/menaamp039s-nascent-fintech-market-to-grow-by-125m-a-year Number of start-ups in the sector is expected to top 250 by 2020 in the region Research Open banking expected to reduce cost of advice News Aggregation Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50600/open-banking-expected-to-reduce-cost-of-advice The group also said that this level of data analysis could also help empower investors so they have a better understanding of their spending habits, especially how it may change in retirement. Research SEI Earns HFMA Peer-Reviewed Designation for its Institutional Healthcare Solution News Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50581/sei-earns-hfma-peer-reviewed-designation-for-its-institutional-healthcare-solution This recognition differentiates SEI in the healthcare space, as it illustrates the value that we provide as a fiduciary to our healthcare clients through both our solutions and superior client service. Research A.I. could spur global growth as much as the steam engine did, study shows News Team Wednesday, September 05, 2018 1:00 am http://fintech-news.net/article/50529/ai-could-spur-global-growth-as-much-as-the-steam-engine-did-study-shows The analysis examines how economic gains and losses are likely to be distributed among firms Research Robo-advisor performance August 2018 News Aggregation Team Tuesday, September 04, 2018 1:00 am http://fintech-news.net/article/50514/robo-advisor-performance-august-2018 Discussion about the rise of robo-advisors has been theoretical – whether they will support or compete with wealth management or more generally disrupt the industry. Research Accenture tops in GCC client perception study News Team Tuesday, September 04, 2018 1:00 am http://fintech-news.net/article/50517/accenture-tops-in-gcc-client-perception-study “We’re pleased that our high rankings include a number of digital services." Research Robo-advice not dead: GlobalData News Aggregation Team Monday, September 03, 2018 1:00 am http://fintech-news.net/article/50504/robo-advice-not-dead-globaldata Woldemichael added the average account balances of the biggest UK robo platforms suggested robo-advice was "a mass market game," with excessive fees the reason investors didn't flock to UBS' robo offering. Research The Future Of Banking: Fintech Or Techfin? News Aggregation Team Tuesday, August 28, 2018 1:00 am http://fintech-news.net/article/50450/the-future-of-banking-fintech-or-techfin Alternatively, most banking institutions have scale, a stronger brand recognition and established trust. Research Who will be the winners in the robo game? News Aggregation Team Tuesday, August 28, 2018 1:00 am http://fintech-news.net/article/50452/who-will-be-the-winners-in-the-robo-game “The banks have clients already. The opportunity is to shift a lot of deposit, credit card or mortgage holders to a more digitised investment service,” he said. Research DBS named world's best bank in nod to its digital innovation News Aggregation Team Monday, August 27, 2018 1:00 am http://fintech-news.net/article/50447/dbs-named-worldamp039s-best-bank-in-nod-to-its-digital-innovation DBS chief executive officer Piyush Gupta said in a statement yesterday that the award shows how "Singapore punches above its weight". Research David and Goliath: On innovation in banking News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50687/david-and-goliath-on-innovation-in-banking Banks are under threat at many verticals, from current accounts to loans and foreign exchange. Innovation & Startups BlackRock launches fintech fund in thematic expansion News Aggregation Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50669/blackrock-launches-fintech-fund-in-thematic-expansion The launches come after the world’s largest asset manager recently highlighted five ‘megatrends’ in which in its view will ‘change the world’. Innovation & Startups BCGE goes digital with new '4.0' branch News Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50675/bcge-goes-digital-with-new-amp03940amp039-branch This was an opportunity to remind companies and individuals of the importance of the cantonal bank's role in the regional economy. Innovation & Startups Ex-Ascentric chief Thorman returns with white-label platform News Aggregation Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50677/ex-ascentric-chief-thorman-returns-with-white-label-platform It uses proprietary technology which was built 'API first', allowing integration with supporting systems such as adviser CRM, risk tools, portfolio analysis and cash flow modelling. Innovation & Startups Societe Generale Private Banking (SGPB): Embracing phygitalization News Aggregation Team Tuesday, September 18, 2018 1:00 am http://fintech-news.net/article/50647/societe-generale-private-banking-sgpb-embracing-phygitalization Over the last five decades, Societe Generale has been synonymous with innovation, says Jean-François Mazaud, Head of the group’s private banking unit (SGPB). Innovation & Startups Embracing digital disruption News Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50635/embracing-digital-disruption Consumer buying preferences and life insurance in a digital age Innovation & Startups Profile Software is sponsoring the UK Finance Digital Innovation Summit News Team Thursday, September 13, 2018 1:00 am http://fintech-news.net/article/50615/profile-software-is-sponsoring-the-uk-finance-digital-innovation-summit At its stand, Profile Software will be presenting amongst others its FMS.next Digital Banking solution that incorporates the entire spectrum of banking operations, on a single platform, with online and powerful features for client onboarding, transactions Innovation & Startups Bermuda-based Bank shifts to VSoft’s SaaS model News Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50601/bermuda-based-bank-shifts-to-vsoftamprsquos-saas-model We’re excited to continue supporting the bank’s development with SaaS delivery Innovation & Startups nCino Expands Presence to Sydney, Australia to Meet Increasing Demand in Asia Pacific for Advanced Technology and Digital Transformation in Banking News Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50576/ncino-expands-presence-to-sydney-australia-to-meet-increasing-demand-in-asia-pacific-for-advanced-technology-and-digital-transformation-in-banking Leading cloud banking provider hires General Manager for Asia Pacific Innovation & Startups Standard Chartered’s Saadiq embraces digital in a big way News Aggregation Team Monday, September 10, 2018 1:00 am http://fintech-news.net/article/50565/standard-charteredamprsquos-saadiq-embraces-digital-in-a-big-way According to the report, 38 per cent of conventional banking users surveyed used digital banking, in contrast to only 26 per cent of Islamic banking users. Innovation & Startups Abacus Group reports 20 per cent revenue growth News Aggregation Team Friday, September 21, 2018 1:00 am http://fintech-news.net/article/50685/abacus-group-reports-20-per-cent-revenue-growth Our continued growth and expansion demonstrates that we are investing in ourselves in order to provide even better services for our clients. Trading Platforms The Federal Home Loan Bank of Des Moines Selects SimCorp Dimension News Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50676/the-federal-home-loan-bank-of-des-moines-selects-simcorp-dimension SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announces that it has signed a license agreement with The Federal Home Loan Bank of Des Moines (the Bank or FHLB Des Moines) for use of Trading Platforms Asset Manager Completes Front to Back Consolidation Drive with SimCorp's Front Office and Fund Solutions News Team Thursday, September 20, 2018 1:00 am http://fintech-news.net/article/50678/asset-manager-completes-front-to-back-consolidation-drive-with-simcorpamp039s-front-office-and-fund-solutions SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announces today that Storebrand Asset Management, Norway’s largest private asset manager with EUR 71 billion in assets under manag Trading Platforms moneycorp expands US presence News Team Wednesday, September 19, 2018 1:00 am http://fintech-news.net/article/50659/moneycorp-expands-us-presence The US investment is an integral part of moneycorp’s international expansion strategy Trading Platforms Fintech firms to get access to Singapore's real-time payment system News Aggregation Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50641/fintech-firms-to-get-access-to-singaporeamp039s-real-time-payment-system Singapore will form a Direct FAST industry working group Trading Platforms SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan News Aggregation Team Monday, September 17, 2018 1:00 am http://fintech-news.net/article/50643/sbi-nears-launch-ripple-blockchain-payments-app-amplsquomoneytapamprsquo-in-japan MoneyTap’s website does not provide a specific launch date for the mobile app but does reveal the user interface (UI) while confirming the proposed launch, in fall this year (September-December). Trading Platforms DSB to create Technology Roadmap to evolve technology News Team Wednesday, September 12, 2018 1:00 am http://fintech-news.net/article/50594/dsb-to-create-technology-roadmap-to-evolve-technology The DSB is a fully automated generator of International Securities Identification Numbers (ISINs) for OTC derivatives. Trading Platforms Private Client Resources partners with FundCount News Aggregation Team Tuesday, September 11, 2018 1:00 am http://fintech-news.net/article/50583/private-client-resources-partners-with-fundcount Mike Slemmer, COO, Americas of FundCount, commented: “FundCount delivers efficiency and insight to clients—which comes from being able to account, manage, and report on complex holding structures and the full array of liquid and illiquid holdi Trading Platforms TISE home to world-first listing of digitised notes News Team Monday, September 10, 2018 1:00 am http://fintech-news.net/article/50566/tise-home-to-world-first-listing-of-digitised-notes Blockchain is the digital ledger system which underpins bitcoin and other cryptocurrencies Trading Platforms Augmentum Fintech joins £2.5 million raise in rent-to-own-outfit Unmortgage News Team Monday, September 10, 2018 1:00 am http://fintech-news.net/article/50570/augmentum-fintech-joins-amppound25-million-raise-in-rent-to-own-outfit-unmortgage Augmentum is participating in this fund raising alongside existing investor Exponential Ventures, and other investors. 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