Managers of Wealth Fintech

Google invests $1 billion in CME Group as market moves to the Cloud

Google has invested $1 billion in global derivatives exchange CME Group and struck a separate ten-year deal to move the market to the Cloud.

Fintech has a systemic gender diversity problem

Of all fintech CEOs globally, just 5.6% are women, while less than four percent of women globally hold the title of chief innovation or technology officer.

Mastercard and Partners Advance the Future of Sustainable Commerce

Mastercard accelerates its decarbonization timeline, committing to reach net zero by 2040; Carbon Calculator gains strong adoption throughout Europe and in Latin America

DBS to launch tool on banking app that allows clients to track their carbon footprint

Bank also sees growing adoption of green retail financial solutions across home renovation, car loans and investments

Artificial Intelligence Will Fuel Future Banking, Data Suggests

AI and analytics will form a major part of this next stage the data suggested, helping to drive significant growth opportunities as customers further desire speed, convenience and instant access to information, goods and services.

Facebook changes name to Meta as it refocuses on virtual reality

CEO Mark Zuckerberg said the new name reflected its work investing in the metaverse, rather than its namesake social media service, which will continue to be called Facebook

South Africa's Stitch raises $2m; moves into Nigeria

Stitch will initially offer a seamless, tokenized pay-by-bank product to help businesses and fintechs in Nigeria improve their user experience, eliminate fraud and reduce fees associated with other payment methods.

Indonesian financial regulator releases blueprint for digital banking

By defining a set of guidelines for digital banks, the OJK is attempting to make online financial services competitive and safer for consumers.

How Brazil’s Nubank became a $30bn fintech

Proposed New York listing of online lender and darling of country’s booming start-up scene will bring greater scrutiny

Visa invests in card tech startup Deserve

In June, Mastercard co-led a $50 million Series D funding round for the startup with Mission Holdings and Ally Ventures.

World Bank Provides $150M for Governance and Digital Economy Project

The World Bank justifies the measure with the fact that “60% of the Mozambican population does not have official civil identification (identity card).”

Deutsche Bank and HSBC Asset Management join funding round in Taina Technology

The latest funding round proves the quality and robustness of TAINA's solution

BofA Launches Account Validation To Assist Clients With Fraud Prevention

Solution Supports Corporate and Public Sector Clients Making Payments In The U.S.

UBS Starts Digital Wealth Bank in U.S. to Rival Wall Street

UBS currently has about 2 million customers in the U.S. that it calls workplace wealth clients -- people with large pension funds and stock options -- and plans to use the new digital wealth manager to do more business with those clients as well as captur

Innovation & Startups