05/17/2018
DFSA expands fintech innovation testing programme
Over the next few weeks, the DFSA will work with the applicants to navigate the on-boarding process.
Innovation & Startups
05/17/2018
Kuwait’s investment firm seeks SBP’s approval to sell its holdings in Meezan Bank
In this regard, Noor has requested Meezan Bank to approach the SBP for the unblocking of the Sale Shares to enable it to consummate the proposed transaction.
05/17/2018
PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs
The company is in the process of raising $100 million for a second fund that will continue to invest in FinTechs in Southeast Asia as well as consumer-facing companies in the region.
05/17/2018
“Riding the Waves of Technology Innovation – The Nexus between Payments and Cybersecurity”
There’s a shake-out happening in the fintech world.
05/16/2018
Avaloq opens state-of-the-art office and service facilities in Singapore
The pace of growth and the significant opportunities have fuelled the need for new facilities and an expansion of Avaloq’s local infrastructure. While Avaloq’s existing services premises in the
05/10/2018
Schwab ramps up RIA tech and digital innovation
Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs.
05/10/2018
Nomura and Hitotsubashi University Business School to Develop Financial Data Science Platform
NAM’s Innovation Lab, established on October 1, 2017, to conduct research into innovative asset management technologies, will work together with HUB on the project.
05/10/2018
Punter Southall Aspire makes strategic investment in digital executor company
Established in 2015, Lexikin’s mission is to become the world’s number one digital executor.
05/10/2018
Wealth Wizards builds pension transfer robo-paraplanner
"We are committed to improving the financial well-being of the UK workforce by making all areas of advice accessible and affordable through effective and highly efficient digital advice solutions."
05/08/2018
Emparion Offers Free Retirement Plan Consultation
These initial consulting services are free for any business who is wants to determine the proper plan that suites their needs.
05/08/2018
Dubai Holding to launch region’s first digital bank
Dubai Holding’s Digital Bank aims to provide a state-of-the-art platform to facilitate digital transactions and accelerate the drive towards a cashless society
05/08/2018
Investments & Wealth Institute Releases 50 States of Gray: An Innovative Solution to the Defined Contribution Retirement Crisis
Arun Muralidhar, Ph.D., outlines four-step reform process to address looming retirement crisis in U.S.
05/08/2018
STEP2018's new format saw attendance boosted and increased investor interest in MENA tech startups
STEP2018 attracted 6,000 attendees.
05/08/2018
Schroders announces Qwil Messenger as first fintech to join start-up programme
The Cobalt programme has been designed to help financial services-focused start-ups collaborate with Schroders to support their development.
05/07/2018
Stanchart opens Uganda’s first digital bank
Saltson said the new branch is in line with the bank’s response to new technologies that are aimed at serving the customers faster and efficiently.
05/07/2018
WeLab joins fintech race to become Hong Kong’s first licensed virtual bank
In the coming weeks, the HKMA is due to issue guidelines for virtual banking regulation based on a consultation in February.
05/07/2018
Volt bank lands digital licence to operate in Australia
First start-up granted approval by APRA.
05/07/2018
Malaysia's Soft Space to help Japan go cashless
SMCC had last month invested an undisclosed amount into Soft Space through the latter’s Series B fundraising.
05/07/2018
UK’s oldest bank taps 32-year-old as new partner
C Hoare & Co looks to inject ‘millennial thinking’ into venerable institution
05/04/2018
Brazilian digital bank Neon aims for 1 million customers in 2018
The fintech raised a new funding round and plans to make further investments in technology to improve its customer experience.