Managers of Wealth Fintech

Trends in wealth management driving the industry's future

From disruption to transformation

Nigerian wealth management platform Cowrywise raises $3m funding

Cowrywise has been expanding its offering of late, and that process is set to continue after it secured US$3 million in pre-Series A funding

Scalable Capital latest robo to shut UK wealth business

The EU-headquartered robo-adviser is closing its UK wealth arm.

Tech Mahindra to expand in Gulf; localisation focus

The region is growing, and we do have a defined plan to increase local staff strength.

Arming Advisors for Success in a Post-2020 World

Well-defined plans and smarter tools ensure relevance in a rapidly changing financial landscape.

What European fintechs can learn from Africa

To survive, fintechs must ensure a path to profitability and create long-term sustainable business models.

SGX and Temasek JV ties up with Covalent to build end-to-end digital infrastructure

As part of the partnership, Marketnode will acquire a minority stake in Covalent.

CBA ups tech spending budget by a further $1 billion

CBA is also scouring the market for fintech investment opportunities via its x15ventures unit, which announced the addition of a fifth business to its portfolio in the form of hospitality startup Doshii.

China Urges International Cooperation on Financial Services, Technology Regulation

Authorities have also rolled out a slew of other financial regulations, including more stringent antitrust requirements on non-bank payment firms, and tighter data collection rules for personal credit scoring business.

How financial services providers can prepare for new AI regulation in Europe

Financial services providers should prepare for the changes forthcoming.

Praemium International and Allfunds ink distribution agreement

Users will benefit from multi-currency offerings and access to offshore funds

Blockpass Provides Powerful On-chain KYC(TM) Utility for EasyFi DeFi Lending Platform

Blockpass is a digital identity verification provider which offers a one-click compliance gateway to financial services and other regulated industries.

SocGen Private Bank outsources international back office IT to Azqore

The agreement would cover Societe Generale Private Banking in Luxembourg, Monaco and Switzerland and the Group Kleinwort Hambros, headquartered in London.

Banco Sabadell invests €2.5 million in inhouse startup Nomo

In addition, it offers an agent management service to file taxes, generate accounting books, as well as unlimited consultancy visits.

Intesa Sanpaolo opens Digital Corporate & Transaction Banking Academy

The five-week training programme, which will be offered in three separate sessions over the course of 2021, combines the academic expertise of Università Cattolica del Sacro Cuore and the practical experience of the managers of Intesa Sanpaolo.

BVI Regulatory Sandbox Launched to Support Innovative Fintech

The fee payable for making an application to participate in the Regulatory Sandbox is currently US$2,000.

GIC, other wealth funds caught in the crossre as US, China feud over technology

That prompted TIAA unit Nuveen to sell stakes in blacklisted firms including China Telecom, China Mobile and China Unicom, as well as microchip giant SMIC, state oil firm CNOOC and phone and gadget maker Xiaomi. Other U.S. public pension funds are expecte

Temenos Extends Partnership with Schroders for Wealth Front Office

Schroders Wealth Management has been a long-time Temenos client and Temenos Transact for its core banking technology has helped the bank to cut costs by a third, simplify its IT landscape by 63%, build customized services, and improve service quality.

Goldman sees US$200b opening from European tech unicorns

The number of tech unicorns in Europe has surged over the last three years to around 200, according to Mr Gutman, highlighting the importance of spotting these companies early in the battle for private fundraising mandates and more lucrative work on initi

Digital pension launches for self-employed savers

According to the firm, through this service savers can then consolidate these old plans into one pot if they wish.

Innovation & Startups