09/18/2019
Volante Technologies launches SWIFT message validation service on the cloud
As a result, users will enjoy increased straight-through processing rates, greater efficiency, and lower cost for their financial messaging operations.
Innovation & Startups
09/18/2019
Dubai Cultiv8 invests in FinTech startup Wahed Invest in a multi-million dollar deal
Wahed said: “Technology is redefining financial services, bringing new and innovative financial prospects to the largely underserved and marginalized populace.
09/18/2019
SC Ventures Invests in Artificial Intelligence Platform
SC Ventures has made a strategic investment in artificial intelligence services platform Digital Reasoning
09/18/2019
HKMA and the BIS sign operational agreement on the BIS Innovation Hub Centre in Hong Kong SAR
The Hub will identify and develop in-depth insights into critical trends in technology affecting central banking
09/17/2019
Taiwan pushes hard – and late – into digital banking
Regulators awarded the third licence to a consortium comprising Taiwan’s IBF Financial Holdings and Japan’s Rakuten International Commercial Bank, which is currently applying to open a bank in the US.
09/17/2019
SS&C Successfully Re-platforms Largest U.K. wealth manager onto Bluedoor
Largest U.K. wealth manager seamlessly migrates GBP69.1 billion AUM
09/17/2019
FinTech is revolutionising America, the impact on Africa will be 6 times bigger
The hot trend isn’t exclusive for startups and young companies: in the last years, we’ve witnessed some tech industry giants taking the lead with products like Apple Pay and AliPay, with others are expected to reveal more services soon.
09/17/2019
Tech Start-Ups to Swipe $280BN in Banking Payments by 2025
Growing numbers of free and instant alternatives to bank payments threaten profits, says a new report
09/16/2019
Tel Aviv-Based Media-Tech Fund Remagine Raises $31 Million
In September 2018, London-headquartered media and telecommunications company Sky announced a $4 million commitment to the fund
09/16/2019
Red Hat Announces Enterprise Linux 8 for SAP Solutions
Red Hat Enterprise Linux 8 for SAP Solutions is an intelligent OS designed to provide a solid foundation that spans the hybrid cloud and one that fuels mission-critical workloads.
09/16/2019
BTG Takes Cue From Blankfein With Digital Bank to Weather Storms
Both BTG and Goldman have learned the benefits of drawing low-cost, diversified funding from individuals.
09/15/2019
Bangko Sentral’s chatbot, reporting system bag prizes
The central bank won in the Artificial Intelligence Initiative category for developing a prototype chatbot to provide the public with a more accessible and efficient way to engage the regulator on financial consumer concerns.
09/13/2019
Accion Venture Lab launches new fund for fintech startups
Accion Venture Lab has added $33m to its initial capital pool, with the launch of a new $23m fund and an additional, separate $10m investment from nonpofit Accion.
09/13/2019
Meet Prosus, Europe's new $138bn tech giant and answer to Softbank
Prosus comprises Naspers' global empire of consumer internet assets including food delivery companies, payment systems and classified ad businesses.
09/12/2019
NTT rolls out SD-WAN in Indonesian banking overhaul
Contract designed to optimise existing network bandwidth utilisation
09/12/2019
Danish bank chooses Nets
The bank plans to take its recently acquired banking license to Sweden and Norway to deliver a better banking experience and its innovative products and services to Swedish and Norwegian users too.
09/12/2019
NdcTech bags Best Implementation of the Year Award
This award is especially dedicated for the excellence of implementation of the 'Khushhali Bank Project'
09/12/2019
ComplyAdvantage Marks Asia Expansion with New Singapore Office
With digitalisation being a cornerstone of the modern economy, compliance cannot be viewed as a business option, but a strategic necessity.
09/11/2019
Malaysian Banks Don’t Spend Enough on Tech — At Risk of Disrupted by Virtual Banks
With Malaysia’s virtual banking framework anticipated to be released by the end of 2019, the same report by S&P cited that Chinese bigtechs like Alibaba and Tencent could pose a challenge to Malaysian bankers.
09/11/2019
Say and Sixteen Securities Ink Multi-Year Commercial Agreement
Additionally, Sixteen Securities’ customers will have access to Say’s unique Q&A platform for annual meetings, earnings calls and advanced polling, offering an important differentiator.