Managers of Wealth Fintech

Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

Bitcoin Wallet founder Sphelele “Sgumza” Mbatha admitted to the Ladysmith Gazette on Saturday that he doesn’t have any more cash to pay out to clients.

White paper calls for hedge funds to spend more on automation

Truss Edge has been operating in the hedge fund market for 20 years.

Banque Française Mutualiste selects SAB AT as its new core banking system

The SAB AT platform, which is widely used in France, will support the bank’s customer management

Allfunds acquires Zurich-based fund research business

This transaction is part of the Allfunds’ strategic plan to consolidate its position as a leading fund research provider for institutional investors.

Broadridge to develop blockchain technology

Proponents of blockchain say that it has the potential to improve transparency, streamline business processes and reduce costs for the finance industry – and Broadridge will take forward development work and build on other initiatives.

The state of investments in Southeast Asia

Cento Ventures’ Mark Suckling responds to the age-old question: are we in a bubble?

Bicameral Ventures Unveils a Strategic Investment in Fintech Startup Balance

Bicameral Ventures continues to execute its “Interconnected Investing” model with a highly strategic investment in fintech startup Balance, and new integration of the Aion blockchain.

Bamboo Capital to Invest $112m in Bloc Fund

The announcement follows the establishment of an agreement between Smart Africa and Bamboo Capital whereby Smart Africa will shortlist businesses in which Bloc may choose to invest.

ADB launches digital financial inclusion fund

The grant will create an interoperable digital payment system that will allow consumers to send and receive money between mobile wallets, and from these wallets to other digital and bank accounts.

Korean government institution selects SimCorp Dimension

The solution will be used for the institution’s entire range of assets, including alternatives

Pershing Deepens Technology Consulting Capabilities

Pershing's advisory assets reached $665 billion at the end of the first quarter of 2019, marking eight percent year-over-year growth.

Banks and tech stocks drag market to a modest loss

Investors are worried that the dispute will drag on much longer than previously expected

Tencent, Temasek invest US$35m in UK open-banking startup

The company said it would use the funding to expand across Europe

Majority of Brits now using fintech

The UK scored better than countries including France, Germany, Japan and the US.

Insuring the way forward has plenty of byte

Taking place at the Gulf Hotel Convention Centre from June 12 - 13, the event promises to feature inspiring talks, engaging workshops and networking with key players in the insurance space, and InsurTech community.

Digital transformation – a disruptive force for all sectors of the economy

The definition of digital transformation strategies will be as disparate as the companies that employ them.

JPMorgan says it's poaching Google tech whizzes for its new equity-trading bot as Wall Street ramps up its automation revolution

The product, developed earlier this year, is being rolled out in the bank's asset-management division, where the firm says the technology is among is the first of its kind among fund managers.

Alternative Investments