Managers of Wealth Fintech

CHF 11bn Geneva wealth manager rebrands

In April, the firm appointed a new COO to lead its digital transformation.

Bank of Mozambique Foresees Gradual Recovery of the Economy

At its ordinary session held on Friday in Maputo, the CPMO decided to maintain the monetary policy interest rate, MIMO rate, at 13.25 percent.

Absa Wants to Introduce a Digital ID in South Africa

An SSDI system uses secure electronic “credentials” that are issued by relevant authorities – such as Home Affairs,

European API availability for open banking has greatly improved

Last year it was mostly a one-way communication between third-party providers and banks, where banks’ APIs would receive the API calls but not reply to them

FintechOS Launches in US to Drive Digitalization in Underserved Financial Institutions

The FintechOS ecosystem allows its European members - banks, credit unions, community banks and insurers, to go to market with digital products faster than those outside of the ecosystem

Andes Wealth Technologies Named Winner in the Risk Tolerance/Client Profiling Category in the WealthManagement.com 2021 Industry Awards

In addition to winning the Risk Tolerance/Client Profiling category, Andes Wealth Technologies is also a finalist in the Portfolio Analytics category for its patent-pending deep analytics and visualizations.

Société Générale to tap into open factoring

The successful implementation also allows Société Générale Factoring to take further advantage of Lendscape’s capabilities that support supply chain finance on-boarding.

AppsFlyer Launches Conversion Studio

AppsFlyer Launches Conversion Studio to Enable Single Source Mapping for SKAdNetwork Post-install Measurement

SIX Digital Exchange gets regulatory approval from FINMA

This milestone has now been reached with the approval of both licenses and paves the way for the next stage in the development of a future ecosystem.

Moneyfarm reaches £1.6bn under management

The number of millennials investing with Moneyfarm increased by 37%.

Marshmallow announces Series B funding round

InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.

AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures

PolyAI builds and deploys voice assistants for automating customer services, which, claims the startup, sound like real humans.

Silicon Valley Bank is getting into tech investment banking

Auerbach is joining SVB from UBS, where he was its global co-head of technology, media and telecom investment banking and a member of the Swiss bank’s global management committee.

HSBC Global Wallet Expands Currency Offerings and Provides New Platform Capabilities

“Receive like a local” gives HSBC Global Wallet holders the ability to easily collect foreign currency into a US account, as if having an overseas account.

4 of the top FinTechs in Egypt that are flourishing in the financial sector

Much of this is accredited to a batch of policy level shifts. For example, last year, a new Egyptian Central Bank Law was put in place.

No phone zone: mobile phone bans to improve safeguarding and behaviour in UK

Although the majority of schools have policies in place limiting the use of phones in classrooms, rules and sanctions have not always been applied consistently.

4 German FinTech companies dominating the European market

Artificial intelligence and blockchain solutions, in particular, are being used much more frequently in this sector. Germany’s FinTech sector is geared to become number one in Europe.

Carey Olsen and Cavendish support Radix on Olympia mainnet launch

The Carey Olsen team advising Radix on the launch of both Olympia and Instapass was led by Chris Griffin

Financial Services & Banking News

The Parliament will consider the proposed Directive during its plenary session to be held from 18 to 21 October 2021.

Solana Hits All-Time High as Coin Rises 14% in 24H

Some people are starting to call this season "Solana Summer."

Innovation & Startups