08/12/2019
IT wrap: Future-readiness key for information technology companies
The only way an IT company can stay a step ahead, is to invest in technology and create products and solutions that clients would need in the future
Innovation & Startups
08/12/2019
Russian robots to work in Oman’s National Bank
Russian robot manufacturer Promobot has announced that its robots will be employed at an Oman bank.
08/12/2019
Northern Trust launches pricing engine for securities lending
Northern Trust continues to invest in emerging technologies to bring enhanced value to our clients,” says Pete Cherecwich,
08/12/2019
Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor
Ventureburn sought comment from the company on its expansion plans, among other questions, but had not received a response at the time of publication.
08/12/2019
Unleashing the Potenal of Fintech in Banking
The relationship between banks and fintech has developed from skepticism to collaboration as users are already enjoying the enhanced customer experience.
08/11/2019
InfoTrack named a top 10 leading innovator in technology
The award measured top innovation initiatives implemented in the last 12 months.
08/09/2019
Singapore's Digital Banks: Davids vs Goliaths?
The country's easily accessible digital infrastructure has also enabled traditional banks to deploy sophisticated solutions that are often the strength of digital banks elsewhere.
08/08/2019
Technology firms eye sweet spot in Indian digital payment market
Buoyed by the big opportunities, investors from China and the US are making a beeline for India, with companies like Alibaba-backed Paytm looking to take on US retail giant Walmart-owned PhonePe.
08/08/2019
Sweden's Klarna becomes biggest fintech firm in Europe
‘Shop now, pay later’ payments operator valued at $5.5bn after fresh round of investor funding
08/08/2019
How does MiFID II and FinTech work?
It did achieve some of those aims – BATS Trading now runs a quarter of equities investments in some European markets and high frequency trading is now standard – but it also left a bit to be desired.
08/07/2019
London is now home to the world’s first A.I bar that serves drinks using facial recognition
With the help of a facial recognition system developed by DataSparQ that puts customers in an ‘intelligently virtual’ queue, customers can now get their order served to them based on when they arrived versus how loud they can shout.
08/07/2019
Northern Trust launches new investment performance reporting tool
The introduction of persona-based set up enables speed of implementation while delivering the most relevant information to each user.
08/07/2019
MAS Launches Sandbox Express for Faster Market Testing of Innovative Financial Services
Eligible applicants can begin market testing in the pre-defined environment of Sandbox Express within 21 days of applying to MAS instead of taking a longer time to customise their sandboxes under the existing FinTech Regulatory Sandbox.
08/06/2019
Regtech start-up doubles staff, opens London and New York offices
The group, founded in 2014, said it was expanding into “two top financial services markets, London and New York, to service the growing demand for modern compliance solutions”.
08/06/2019
Banking in 2030
The banking industry of 2030 will look radically different from what it is today with more competition, efficiency and innovation according to a new report.
08/06/2019
Stratifyd receives $10 million in growth capital funding from CIBC
CIBC Innovation Banking is excited to work with the Stratifyd team,” said Amy Olah, Executive Director, CIBC Innovation Banking.
08/05/2019
KKR to acquire majority stake in German fintech heidelpay from AnaCap
KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.
08/05/2019
FinTech disruption of financial services real, says FITC CEO
She said FinTech would help in cross-boarder payment and help bring in more funds from the Diaspora into the economy.
08/05/2019
moneycorp acquires the Rochford Group in Australia
Rochford’s specialist treasury services offer bespoke solutions to clients, allowing them to manage the impact of treasury risks on cash, profitability and their balance sheets.
08/01/2019
Saudi Arabia's new robo-advisory services set to attract millennial, women investors
The kingdom's drive to lead and innovate in the fintech space can potentially attract new segments of investors