12/08/2020
Investcorp portfolio company ABAX acquires Automile
Transaction represents ABAX's third and largest add-on acquisition since Investcorp's investment in 2017
Innovation & Startups
12/08/2020
Fintech and Insurtech Industry Bodies Unite
Both associations will also collaborate on establishing industry-specific reports, market research and whitepaper publications focussed on life insurance and insurtech, the announcement said.
12/08/2020
Snowdrop Solutions extends Visa partnership throughout Asia Pacific
This announcement follows a similar partnership announced by Visa and Snowdrop in Europe several months ago.
12/08/2020
UBS CEO: Innovation is not 2020’s trend, it's here to stay
Hamers continues that the more digital society becomes, the more important digital services become and therefore the more interesting services become - and this isn’t only relevant to financial services.
12/08/2020
Fortlake Selects SS&C to Support Fixed Income Operations
Australian start-up will leverage Eze Investment Suite to trade fixed-income strategies
12/08/2020
Digitizing Europe’s railways: A call to action
Despite the strength of European rail, the industry is partly built on antiquated legacy systems that are becoming more difficult—in some cases, nearly impossible—to maintain.
12/08/2020
Bank Hapoalim CEO optimistic about Israel UAE technological future
"We are learning quickly, we are thinking globally," Dov Kotler, Bank Hapoalim's CEO said, referring to to the mutual investments born out of the Abraham Accords.
12/08/2020
Sberbank (Switzerland) AG Goes Live with Avaloq to Support its Continued Growth
The deal with Sberbank builds on a strong year of client successes for Avaloq, including a number of Swiss-based institutions.
12/08/2020
Iress supports FYG to adopt data-driven advice compliance
FYG is a privately owned network with over 70 advisers located across Australia.
12/08/2020
Revolut Business comes to PrestaShop merchants
Our partnership with PrestaShop is an exciting milestone as we roll out the opportunity for Revolut customers to start accepting online payments.
12/08/2020
Moody’s Acquires ZM Financial Systems, Bolstering Risk Assessment Capabilities for U.S. Banks
The transaction advances Moody’s position as a leader in integrated risk assessment by broadening Moody’s Analytics’ suite of enterprise risk solutions, which help financial institutions make informed decisions.
12/08/2020
Six to launch Singapore based digital issuance platform
It intends to target growing demand for public and private institutional digital assets, including regulated digital asset securities and cryptocurrency assets.
12/07/2020
Wealthtech startup Fisdom raises $ 7 million in latest round led by PayU
Fisdom, in a statement, said that during the pandemic, it recorded a growth of more than 80 percent in AUM(Assets Under Management), which portrays the trust the customers are showing in its platform. The company was also able to sign new partners like I
12/07/2020
Ant, Grab become first tech firms to run banks in Singapore
The permits are coveted given the city’s status as a rapidly growing wealth management center and a gateway to Southeast Asia, where the digital lending market is expected to quadruple in five years.
12/07/2020
Ayeyemi: Digital Platforms Now Preferred Banking Method
The first one was the question of the goodwill that we are holding in the book of the holding company, relating to the acquisition of Oceanic Bank that ETI did in 2011, which is almost nine years.
12/07/2020
Scottish Government to put £2bn into creating ‘globally-competitive high-tech economy’
New national investment bank will support sustainable technology to support drive for net zero emissions target
12/07/2020
Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East
The bank improved their loan processing time by 42% with Newgen's retail lending solution
12/07/2020
AxiomSL Named Most Innovative Third-Party Technology Vendor at American Financial Technology Awards
Cloud-Based Regulatory Reporting Solutions Leverage AWS to Deliver Scalability, Security and Automation Globally
12/07/2020
Codebase and AMF publish Mena open banking report
It combines insights from the Open Banking Working Group of the MFTA and the Arab Regional Fintech Working Group.
12/06/2020
EU Exit: New FCA webpage on MiFID reporting after TP
We provide details on how we’re moving MiFID reference data and transparency systems away from ESMA as part of the MiFID onshoring process.