07/01/2020
BIS Innovation Hub to expand to new locations in Europe and North America
The BIS will also form a strategic partnership with the Federal Reserve System
Innovation & Startups
07/01/2020
Provider offers advised clients free access to wellbeing apps
Policyholders can access physiotherapy advice via the app, as well as personalised exercises for injuries and conditions.
07/01/2020
Leveris brings digital banking platform to Dutch market
Banking technology company Leveris has broken new ground in the drive to unlock the benefits of truly digital banking.
07/01/2020
Australia to spend nearly $1 billion to boost cyber security
Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defences, Prime Minister Scott Morrison said on Tuesday, as Canberra seeks to combat a wave of attacks.
07/01/2020
Standard Bank taps Salesforce to enhance digital banking experience
The company will also allow the clients to use the bank’s platform to create such solutions for themselves.
06/30/2020
Nomura Launches New Asset Management App
The app will also enable clients to easily see the assets they have at different financial institutions such as banks and securities companies, and manage them together.
06/30/2020
Auto-enrolment reaps rewards as contributions hit £20bn
“This must include encouraging people to take responsibility and save over-and-above the auto-enrolment minimum where they can afford to.”
06/30/2020
Blockpass Identity Lab Publishes Leading-Edge Research Papers in Blockchain & AI Tech for Healthcare, Human Resources & IoT Sectors
Blockpass Identity Lab members also played a significant role in the research on "Privacy-Preserving Passive DNS" where they utilized Hyperledger Fabric as a permissioned blockchain for storing and retrieving data to support the use of a passive
06/30/2020
Empower Pushes into Wealth Management with Acquisition of Personal Capital
The combination will give Empower and Personal Capital the ability to offer retirement plan sponsors’ employees a singular view of their entire financial picture.
06/30/2020
Fraudsters use WhatsApp to offer 100% return on investments
Claim they are affiliated with or represent Allan Gray
06/30/2020
Allica Bank does business banking with a personal touch on Microsoft Azure
The whole lifecycle with Azure made the choice to work with Microsoft much easier.”
06/29/2020
Insurtech Picking up Steam in Asia
But with governments across APAC launching supportive initiatives and passing favorable policies to support fintech, insurtech has somewhat followed that ascending trajectory with several big moves being played out over the past year or so.
06/29/2020
Picture Wealth closes AUD12 million late seed round
Picture Wealth, a profitable FinTech company, now has its sights firmly set on reinventing the financial advisory and superannuation landscape in Australia.
06/28/2020
ICO outlines six data protection steps which organisations should take on the road to coronavirus recovery
These include identifying a lawful basis for collecting and using the information collected and, if they are processing health data on a large scale, conducting a data protection impact assessment.
06/26/2020
Great Eastern Invests in Fintech Unit
Axiata Digital has expressed interest in Malaysia's upcoming digital banking regime and is preparing an application, the company said.
06/26/2020
Singapore’s GIC invests again in UK fintech startup Checkout.com
The wealth fund has been an active investor in fintech firms, leading a number of fundraising this year including in Israeli-US startup Pagaya Investments and US startup Apeel Sciences.
06/26/2020
Deutsche rolls out compliant WhatsApp feature for client comms
This latest development, co-innovated with Symphony, expands Deutsche Bank’s diversification of its client interaction platforms, in addition to traditional methods such as email and telephone calls.
06/26/2020
Indonesia Focused East Ventures Raises New Seed Fund for Tech Startups in Aftermath of Pandemic
The new vehicle will be East Ventures' eighth fund, as the firm remains bullish on the ASEAN's digital economy and predicts that innovative startups will transform the region's post-lockdown landscape for the better.
06/26/2020
Pagaya Announces $102 Million Series D Funding Round
Closing a round of this magnitude, with such a high-quality group of investors, is a testament to the hard work of the Pagaya team.
06/26/2020
SE Asia’s East Ventures Looks To Back Startups With $88M Fund
As in the U.S. and other countries, this resulted in cut jobs and shifting business models to help accommodate the downturn in the economy.