12/21/2020
What makes a future-ready firm?
There are various goals which can be allocated to digital solutions
Innovation & Startups
12/20/2020
The UK is the perfect “sandbox” for Fintech companies
Coupled with the fact that such technologies are rarely fully formed when first introduced to a marketplace, it can be exceptionally time consuming for new entrants to the industry to secure approval from the relevant regulators.
12/18/2020
Diebold Nixdorf named Best Banking Technology Solutions Provider Europe 2020
The winning award for Diebold Nixdorf's Banking Technology solution is a combination of the DN SeriesTM self-service ATM systems, powered by DN Vynamic™ Software and DN AllConnect ServicesSM.
12/18/2020
Mental wellness platform Lyra Health is raising up to $175M at a $2.25B valuation
Right now it’s available in Kenya and Nigeria, which have a combined population of over a quarter of a billion people.
12/18/2020
The AltFi team’s alternative lending predictions for 2021
Looking ahead over the next 12 months, the AltFi editorial team predict what could be in store for alternative lenders.
12/18/2020
Zurich Invest AG chooses FA Solutions as its asset management technology partner
The FA Solutions team has worked with Zurich Invest AG over the last year to launch new business processes with their platform.
12/18/2020
CBA to merge Aussie Home Loans with Lendi
Upon completion, CBA will retain a 45% shareholding in the combined business, with existing Lendi shareholders holding the remaining 55% shareholding.
12/17/2020
Kenya, Tanzania and Rwanda rank top for rapid digital growth, demand
This adds to other cables serving Kenya such as Seacom, East African Marine System (Teams), Eastern African Submarine Cable System (EASsy) and Lion2 systems.
12/17/2020
Digital transformation in investment management: Adapt or adopt?
There are two fundamental approaches organisations often consider when they are facing the challenges of an underperforming system.
12/17/2020
Central State Bank goes live on Finastra’s Fusion Phoenix core
With the Fusion Phoenix core operating system’s tight integration with the bank’s other technologies for digital banking and lending
12/17/2020
Bitpanda to create 300 jobs at Polish tech hub
Austrian-based cryptocurrency investment platform Bitpanda is committing €10 million to a technology and innovation hub in Poland that will employ 300 people.
12/17/2020
Islamic fintech Wahed Invest to buy UK digital banking app Niya
The deal will allow Wahed to provide its customer base with more interest-free financial products, such as digital bank accounts and debit cards in the UK and elsewhere globally.
12/17/2020
Razer Fintech to offer BNPL services
This strategic partnership follows a recent announcement by Rely to expand its services in Singapore, Malaysia and South Korea after securing capital from Goldbell Financial Services to process up to S$100 million in Buy Now Pay Later transactions.
12/16/2020
CSOP Hang Seng TECH Index daily (2X) leveraged product and CSOP Hang Seng Tech Index daily (-2x) inverse product to List on the HKEX
In light of more and more Chinese technology giants choosing Hong Kong as the secondary listing place, Hang Seng TECH Index was launched on 27 July 2020 to track the 30 largest technology companies listed in Hong Kong.
12/16/2020
Australian domestic payment schemes to merge
The amalgamation, agreed by an industry committee representing all stakeholders, will aim to address current inefficiencies in the system, by creating a NewCo that provides multi-service infrastructure, broad capability, low cost of acceptance and a unifi
12/16/2020
EMTECH Debuts Tech To Streamline Central Banking
EMTECH's technology aims to give banks an "action-ready toolset for new and inclusive monetary policy, and the guardrails for efficient transfer of an estimated $90 trillion in cash payments," per the release.
12/16/2020
Jyske Capital extends SimCorp deployment in the front office
The decision to onboard SimCorp’s Order Manager, follows the established front-to back foundation provided by SimCorp across the fund manager’s operations.
12/16/2020
Standard Bank: Accelerating towards Africa’s digital future
In South Africa, the government granted temporary emergency wireless spectrum to operators to allow them to add network capacity and implement upgrades to deal with the crisis and manage for the increased demand.
12/15/2020
Irish financial tech firm wins big deal with Czech Republic's largest bank
The deal will see a true market leader with banking expertise dating back to 1825 partner with a fast-growing technology company that helps financial institutions embrace the future of banking.
12/15/2020
Central Bank of Oman opens fintech regulatory sandbox
A Fintech Regulatory Sandbox is a common and worldwide-used approach to achieve the objective of harnessing opportunities for innovation in the financial sector while mitigating the accompanying risks.