Managers of Wealth Fintech

Amazon to cut 9,000 more jobs in second round of layoffs

Company will cut roles in the next few weeks, mostly in Amazon Web Services, PXT, advertising and Twitch

Broadridge and Apex Silver Team Up to Launch New Integrated Cost Basis and Tax Reporting Offering

Leading financial technology providers join forces to offer comprehensive, one-stop solution for regulatory tax information reporting

WeWork Announces Comprehensive Agreement To Significantly Deleverage Capital Structure and Bolster Liquidity

Results in total funding and capital commitments of over $1.0 billion to support WeWork’s business plan for continued growth

Irish FinTech Regulation Focus 2023 - Six Key Areas

This sector continues to see significant growth

Crypto firm Copper makes job cuts

It recently announced new exchanges joining the network, and has experienced significant increases in trading volumes and clients onboarding since the end of 2022.

UK Fintech Tintra Selects Temenos to Power AI-Led Inclusive Banking for Emerging Markets

Temenos core banking platform will deliver a single, end-to-end solution for onboarding, transaction management, monitoring and forex services

Compliance will be make or break for bank-fintech partnerships

Regulators need to be mindful of not blocking collaboration, writes Harsh Sinha, chief technology officer at Wise.

Cloud scaling and the challenges seen by IBM

The key focus of the report is not to discourage modernisation and innovation, but to ensure risk is minimised and high levels of security and data privacy are maintained.

Zilch partners with Yapily to harness open banking technology for BNPL

The BNPL aims to maximise the consumer benefits of open banking to help those struggling with the cost of living crisis.

American Banking Giant JPMorgan Is Cutting Ties with Gemini

Over the years, the exchange has broadened its operational reach and expanded its service offerings.

Nigeria's central bank releases PSD2-style open banking legislation

The PSD2-style legislation is expected to enhance access to local financial services and deepen financial inclusion for millions of people, including the many unbanked people in Nigeria.

After laying off 40% of workforce, Till Payments lands $70 million funding round

The company has since revised its strategy with a fresh focus on sustainable growth and fast-tracking profitability.

Payroll and benefits fintech Catch shuts down

Over the last six years, it has raised about $18 million in funding and secure insurance licenses in 47 states and the District of Columbia.

HMBradley inks deal with Thought Machine for digital banking services

HMBradley also announced that its customers will have the opportunity to set their annual percentage yield (APY) on their accounts each month

Fintech fraud and compliance concerns lift selfie biometrics, ID verification providers

The company has developed algorithms to determine if a presented ID document is physically present, or being presented as an image on a screen.

LSEG and Mastercard partner on open banking-enabled account verification

With Mastercard's tech, LSEG's open banking product will be able to address more than 95 per cent of US deposit accounts.

FCA takes further action against unregistered crypto ATMs in East London

Crypto ATMs allow people to buy or convert money into cryptoassets.

Senators urge regulators to take action on Zelle fraud

Regulators should "closely review and examine the customer reimbursement and anti-money laundering (AML) practices of depository institutions that participate in the Zelle network," says the letter.

Intesa Sanpaolo Bank Romania joins Ibos network

Throughout 2023, the IBOS network will continue to grow and is motivated to expand its international alliance across the globe. Through IBOS, global corporate business can work locally.

Intesa Sanpaolo signs digital infrastructure deal with IBM

IBM has been researching and developing quantum-safe technology

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