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Innovation & Startups

09/11/2023

Fintech faces its reckoning: It’s only a matter of time until the house of cards collapses

In an attempt to reboot the global economy, central banks slashed interest rates to almost zero, resulting in an era of cheap money.

09/11/2023

A balanced asset allocation is still the best way investors can prepare themselves for any uncertainty – Exclusive Interview with Marc Van de Walle, Global Head, Wealth Management, Deposits and Mortgages, Standard Chartered Bank

To enable end-to-end digitization, we are investing in a single wealth platform to drive technology convergence across segments and markets, harness scale and cost efficiency, automate operations, and increase the speed of deployment.

09/11/2023

Consumer fintech Salmon chooses Oradian as its technology partner

Salmon’s early success also speaks to the strength and health of the Philippines’ financial technology market

09/08/2023

Two startups merge into $1.2 billion digital family office

Compound, a financial and tax advisory service for tech executives, is joining Alternativ Wealth, a digital RIA, to form Compound Planning.

09/08/2023

CLS enrols Barclays and Danske Bank to its settlement platform

"We are delighted to welcome the latest additions to our CCS service

09/08/2023

Conquest Planning Inc. and Aviso Join Forces to Enhance Financial Planning for Canadian Investors

This partnership will further empower our credit union partners and their advisors to provide the expert financial planning their members expect

09/08/2023

How New Tools Are Changing Bank Balance Sheet Management

This approach allows multiple banks to share the rewards and, crucially, the risks associated with loans, creating an environment conducive to mutual growth.

09/07/2023

Tofu launches its services to help the self-employed

This platform addresses the administrative challenges of the extensive 9.8m self-employed demographic by refining their invoicing, expense management, and tax calculations.

09/06/2023

In Latin America, Brazilian fintech firms rule

Alas, they ended up founding a company that US credit card giant Visa acquired this year for a cool $1 billion.

09/06/2023

Saxo Bank completes sale of FinTech joint venture to Geely Group

As part of this transaction, Saxo Bank will receive its own shares in return – equivalent to approximately 2% of the outstanding bank shares.

09/05/2023

Fed reportedly warns Goldman Sachs over fintech compliance risk

US regulators have raised issues over a lack of due diligence and monitoring process for high-risk clients at the bank

09/05/2023

BIS and Reserve Bank of India announce winners of G20 TechSprint 2023

This year's TechSprint was launched last May by the RBI and BIS to promote innovative solutions aimed at improving cross-border payments, under India's G20 presidency.

09/05/2023

Swiss B2B fintech GenTwo raises $15 million

Alternative investments like private equity, as well as asset classes like real estate, fine art and digital assets are popular on the platform

09/05/2023

Businesses using biometric recognition systems get data protection guidance

Biometric recognition systems are increasingly popular tools being used by businesses to verify customers’ identity in the digital world.

09/04/2023

Kuwaiti fintech Kem raises $1 million pre-Seed round

The new funding will enable Kem to develop its app and expand its footprint across the Gulf region.

09/04/2023

Banking Circle joins Spanish fintech association

The decision to join the AEFI underpins the company’s commitment to supporting the Spanish financial ecosystem.

09/04/2023

Digitalisation and Sustainablity: The Two Pillars Driving Zenith Bank's Success in a Post-Covid World

Today, the bank is globally celebrated as a relentlessly forward-thinking institution

09/01/2023

The Bank of London amasses £300 million in client deposits in first five months

The Bank of London is Britain’s safest bank.

09/01/2023

OneID raises £1m for bank-verified digital identification

Eliminating the need for physical identification, OneID allows businesses and individuals to digitally prove their identity instantly

09/01/2023

X (Twitter) scores licence to launch payments

X now has a total of seven currency transmitter licences across the US

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