Managers of Wealth Fintech

Dubai Startup Hub and Dtec select winners for phase one of EDP

30 Emirati entrepreneurs took part; the top 5 winners received one-on-one mentorship support

InvestSuite joins Avaloq.one ecosystem

The company provides distinct automated investment products for private banks and wealth managers.

One fifth of Middle East bank holders now use FinTech solutions

So the market is ripe for a FinTech boom, but penetration and maturity remain remarkably low.

The Peoples Community Bank uses Finastra to enhance digital offerings

The bank will also use Finastra solutions including Fusion Phoenix core and Fusion Digital Banking to provide a seamless user experience and increase efficiencies.

Paymentology eyes digital banking expansion in the Middle East

This calls for opportunities to size up quality payment processors for bringing new technology to the new and existing digital banks in the region.

TechCentral’s CxO Insights: Meet Standard Bank’s Emmerentia du Plooy

In addition, business is notorious for circumventing governance because it is inconvenient or introduces a bottleneck – and this is a problem.

CommerzVentures invests $6m into Concirrus

The deal was supported by Royal Park Partners who acted as exclusive financial advisors to Concirrus and its board of directors.

Penta raised more than 4 Mio Euro and welcomes new investors

The financing round is the second closing of the former 18,5 Mio round raised in March. Therefore, the total amount of Pentas Series B is over 23 Mio Euro

COVID-19 lockdowns driven robo-advice use?

GlobalDate Wealth Management analyst, Sergel Woldemichael said the COVID-19 pandemic had put the spotlight on all things digital.

FICO Survey: Banking Passwords Are Problematic! Filipinos Want Biometrics

72 percent of Filipinos are happy to provide their bank with a biometric

IDEMIA Ramps up Its Japanese Office and Moves It to Tokyo’s Shibuya District

The new experience center will showcase IDEMIA technologies ranging from contactless biometric readers, facial recognition technology, smart banking cards, video investigation technologies, digital payment solutions and SIM Cards, to its latest 5G demo.

The Eight Virtual Banks of Hong Kong

To advance the banking industry, in 2017 Hong Kong announced its intent to “bring Hong Kong into a New Era of Smart Banking.”

DFSA’s 2020 Summer Innovation Testing Licence Programme accepts largest number of innovative firms to date

Many of these business models are focused on facilitating financial inclusion and literacy by serving low-income migrant workers.

Regional Fintech Startups Open HQ in Singapore

The firm is backed by venture capital firms Wavemaker Partners, Golden Gate Ventures, and 500 StartUps, as well as several large family offices across Asia.

Trend Micro brings AWS-powered banking solution to Australia

Trend Micro Cloud One is a platform designed to help businesses meet cloud security needs including providing regular updates.

Canopius launches cyber property products to help manage silent cyber exposures

The products available from Canopius deliver bespoke coverage to clients that provide clarity and tackle the complexities created by the removal of cyber coverage from their traditional property insurance policies.

Consumer Data Right for banking sector arrives

By providing a secure and convenient way to transfer data to an accredited provider of their choice, it will allow consumers to access a new service or find a better deal.

VTB integrates financial management platform into Yandex

The platform on Yandex has been designed to be accessible for all users, from experienced investors right through to those just starting out with managing their finances.

Covid-19 accelerates digital transformation at private banks

The pandemic has sparked dramatic changes in the wealth management industry

Philippine tech newcomer eyes $726m IPO

Converge challenges PLDT and Globe Telecom duopoly

Innovation & Startups