10/30/2020
Revolut's billionaire founder has a plan to transform banking
Nikolay Storonsky is plotting a major expansion to the US and believes arch rival Monzo has 'given up' in recent months
Innovation & Startups
10/30/2020
BDO acts for Channel Islands Media Group’s acquisition of TPA Creative Digital Agency
CIMG, which also owns the Guernsey Press, is a joint venture between Bailiwick Investments Limited and MXC Guernsey Limited.
10/30/2020
Banks roll out robots as pandemic shakes up IT plans
It is a pattern that has played out across banks globally, where technology changes that would usually take months were done in a matter of days.
10/30/2020
Sionic and Funds Europe announce the FundTech 2020 Award Winners
Funds Europe will be publishing an Awards Supplement to record the achievement and promote the winners to our readers and wider industry.
10/30/2020
CoreCard® expands into Middle East and APAC regions - Opening of new office in Dubai, U
Staffed with Former Wirecard employees
10/30/2020
Alliance Data Signs Definitive Agreement to Acquire Bread®
Acquired technology and products appeal to millennials and younger demographic favoring the ease and convenience of digital payments
10/29/2020
Rabobank outsources parts of regulatory reporting to consultancy
Currently, most banks perform the activities in-house, but with complexities mounting and technologies becoming more advanced, outsourcing to specialised firms is emerging as an increasingly attractive option.
10/29/2020
Embracing Digital Transformation in UK Workplace Pensions
Processes that supported lower volumes well enough may quickly come apart at the seams when put under pressure.
10/29/2020
Northern Trust Front Office Solutions Delivers Advanced Research Management and Investment Analysis Features for Asset Owners
New modules arm complex asset allocators with centralized investment research and analytics capabilities.
10/29/2020
Banking leaders share digital transformation fears
Speed of technological change and the ethical conundrums it raises top concerns of more than 300 senior executives in new survey.
10/29/2020
Anti-Money Laundering Technology Partner: Exiger Tech
Central banks and other financial regulators now expect those they supervise to take the necessary steps to prevent their systems from being used to facilitate financial crime.
10/29/2020
LendInvest Engages SS&C for Fund Administration
European property finance platform converts operations to SS&C’s full-service platform
10/28/2020
Hong Kong has a huge role to play in supporting China’s fintech juggernaut, financial secretary Paul Chan says
Hong Kong, as the gateway to China and a rising regional fintech power, has much to offer and is poised to reap the rewards, says Paul Chan
10/28/2020
Endowus launches Fund Smart for Singapore Investors
Endowus, a leading Singaporean digital wealth management platform, has announced the launch of their new investment solution — Fund Smart.
10/28/2020
TORA launches new generation Portfolio Management System
The real time general ledger (GL) will deliver trial balances, a full balance sheet and income statements.
10/28/2020
FinTech Policy of the Year: South African Reserve Bank
The body was formed in 2016; its initial mission was to understand the role of fintech within South Africa’s financial sector and adapt the regulatory landscape.
10/28/2020
Danske Bank: The right fit - a big bank with local expertise
Danske Bank has been working to assist customers through the crisis, as well as lending around £450m here over the last few months as part of key UK Government initiatives to support companies through this difficult period.
10/27/2020
'AIZEN' AI banking-as-a-Service, Empowering data platform to launch lending services
These companies tend to partner with existing financial institutions and resell their financial products, but many fails to offer a seamless onboarding experience mainly due to partner banks' legacy processes.
10/27/2020
Jack Ma's Ant Group set for record $34bn market debut
Mr Ma's Ant shares are reportedly worth about $17bn, taking his net worth to close to $80bn and confirming him as China's richest man.
10/27/2020
Catch-up with Jersey’s TechWeek: Big themes shaping fintech
Catch-up for a hybrid mix of physical and virtual speakers.