Managers of Wealth - Fintech http://fintech.managersofwealth.com/ Fri, 18 Apr 2025 18:23:23 BST part of MediaG8way Group http://fintech.managersofwealth.com/ http://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Quilter Cheviot and Quilter WealthSelect Managed Portfolio Services now available on AJ Bell’s Platform News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82349/quilter-cheviot-and-quilter-wealthselect-managed-portfolio-services-now-available-on-aj-bellamprsquos-platform By making these services available on AJ Bell’s platform, Quilter aims to enhance the accessibility of its managed portfolio services to more advisers and clients. Wealth & Asset Management Wealthsimple acquires wealth management platform, Plenty News Team Thursday, April 10, 2025 1:00 am http://fintech.managersofwealth.com/article/82295/wealthsimple-acquires-wealth-management-platform-plenty Their expertise complements Wealthsimple’s expansion of products for couples and families, including householding for Premium and Generation status, joint accounts, spousal RRSPs and RESPs. Wealth & Asset Management ‘Evolving demand and demographics are weighing on wealth manager tech’ News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82286/amplsquoevolving-demand-and-demographics-are-weighing-on-wealth-manager-techamprsquo While an opportunity, this impending avalanche has the potential to shake the foundations of the wealth industry, but also to consume private banks and wealth managers unable to adapt. Wealth & Asset Management Simon Gomez: «GenAI and LGT Will Evolve Together» News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82287/simon-gomez-amplaquogenai-and-lgt-will-evolve-togetherampraquo All of LGT's employees were recently given access to a secure internal chatbot, based on ChatGPT. Wealth & Asset Management Digital Wealth Management Platforms (DWMP) Market Disruptions: The $18.59 Billion Opportunity Vendors Can't Afford to Miss News Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82264/digital-wealth-management-platforms-dwmp-market-disruptions-the-1859-billion-opportunity-vendors-canamp039t-afford-to-miss Digital Wealth Management Platforms Market Set for Explosive Growth, Projected to Reach $18.59 Billion by 2030 Wealth & Asset Management FNZ raises $500m to drive long-term WealthTech innovation News Aggregation Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82276/fnz-raises-500m-to-drive-long-term-wealthtech-innovation FNZ intends to continue investing in its business while driving efficiencies and sharpening the company’s strategic focus to best position FNZ for long-term success. Wealth & Asset Management IRALOGIX Named to 2025 WealthTech100; Recognized as Wealth Management Technology Innovator for Third Successive Year News Team Thursday, April 03, 2025 1:00 am http://fintech.managersofwealth.com/article/82225/iralogix-named-to-2025-wealthtech100-recognized-as-wealth-management-technology-innovator-for-third-successive-year IRALOGIX’s technology enables banks, recordkeepers, and advisory firms to offer a wider range of IRA products Wealth & Asset Management Jupiter Asset Management signs revenue analytics contract with Room Zero News Team Wednesday, April 02, 2025 1:00 am http://fintech.managersofwealth.com/article/82196/jupiter-asset-management-signs-revenue-analytics-contract-with-room-zero The module also assists with operational oversight through early identification of product ‘outliers’ and reducing the risk of over or underpaying rebates, for example. Wealth & Asset Management Tietoevry Banking achieves recognition in the 2025 WealthTech100 list News Team Wednesday, April 02, 2025 1:00 am http://fintech.managersofwealth.com/article/82211/tietoevry-banking-achieves-recognition-in-the-2025-wealthtech100-list Tietoevry Banking proudly stands among the world’s top wealth technology providers, securing a place in the prestigious 2025 WealthTech100 list. Wealth & Asset Management Luxembourg wants to modernise tools to account for digital assets News Aggregation Team Friday, March 28, 2025 12:00 am http://fintech.managersofwealth.com/article/82156/luxembourg-wants-to-modernise-tools-to-account-for-digital-assets Wealth management in Luxembourg has six key dimensions, he said, presenting what the country has done in each of those dimensions and how the grand duchy plans to move forward. Wealth & Asset Management LSEG appoints Gianluca Biagini and Ron Lefferts as co-heads of data and analytics News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82378/lseg-appoints-gianluca-biagini-and-ron-lefferts-as-co-heads-of-data-and-analytics Gianluca brings more than 25 years of experience in financial information services. Executive Moves GoCardless names former Worldpay exec Shaun Puckrin as new CPO News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82363/gocardless-names-former-worldpay-exec-shaun-puckrin-as-new-cpo Puckrin will look to drive new payment flows, open banking, and collection upgrades at GoCardless. Executive Moves Pikl expands leadership team to scale InsurTech growth News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82364/pikl-expands-leadership-team-to-scale-insurtech-growth Based in the UK, Pikl provides tailored insurance products for the vacation rental and sharing economy sectors. Executive Moves Currency.com appoints CEO following acquisition News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82370/currencycom-appoints-ceo-following-acquisition Anissimov acted as an investor representative during CXNEST's acquisition of the exchange from VP Capital in March. Executive Moves InvestCloud Taps New COO of APL to Help with its Private Markets Push News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82371/investcloud-taps-new-coo-of-apl-to-help-with-its-private-markets-push Josh Mayer, the former COO at Envestnet, is charged with overseeing the growth and expansion of APL, InvestCloud's $3T managed accounts platform. Executive Moves Personetics Appoints Puneet Malhotra as Chief Revenue Officer News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82348/personetics-appoints-puneet-malhotra-as-chief-revenue-officer In his new role, Malhotra will oversee the company’s global sales operations, managing relationships with banking clients across 30 countries. Executive Moves LSEG appoints co-heads of data and analytics division News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82350/lseg-appoints-co-heads-of-data-and-analytics-division They will also spearhead the continued growth of LSEG’s flagship Workspace product. Executive Moves Leading data privacy partner Lei Shen rejoins Mayer Brown in Chicago News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82351/leading-data-privacy-partner-lei-shen-rejoins-mayer-brown-in-chicago Her expertise extends to emerging technologies such as biometrics and facial recognition technologies, artificial intelligence, and connected products and services Executive Moves AU10TIX appoints Yair Tal as CEO News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82355/au10tix-appoints-yair-tal-as-ceo Prior to joining AU10TIX in April 2025, Tal served as CEO of BLEND, a global AI localization firm. Executive Moves Fifth Third hires ex-M&T chief Darren King to lead Southeast expansion News Aggregation Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82330/fifth-third-hires-ex-mampampt-chief-darren-king-to-lead-southeast-expansion He joins from M&T Bank, where he spent 24 years, before leaving as senior EVP in August last year. Executive Moves US Judge throws out CFPB's cap on credit card late fees News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82380/us-judge-throws-out-cfpbamp039s-cap-on-credit-card-late-fees The rule applied to issuers worth more than a million open accounts unless they could prove high fees were needed to cover costs. Legal,Regulation,Tax & Compliance Bunq files for US licence News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82358/bunq-files-for-us-licence It plans to resubmit later this year but is taking a two-step approach, first targeting a broker-dealer licence. Legal,Regulation,Tax & Compliance New York sues DailyPay and MoneyLion over 'illegal loans' News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82362/new-york-sues-dailypay-and-moneylion-over-amp039illegal-loansamp039 The New York attorney general has sued DailyPay and MoneyLion, accusing the earned wage access providers of charging workers fees that amount to interest rates of up to 750%. Legal,Regulation,Tax & Compliance Nate founder charged with fraud over 'AI' shopping app secretly powered by humans News Aggregation Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82331/nate-founder-charged-with-fraud-over-amp039aiamp039-shopping-app-secretly-powered-by-humans According to the DoJ, it ran out of funds and was forced to sell its assets in early 2023, leaving investors with "near total" losses. Legal,Regulation,Tax & Compliance Ofcom to issue guidance to help online platforms better protect women and girls online News Team Thursday, April 10, 2025 1:00 am http://fintech.managersofwealth.com/article/82303/ofcom-to-issue-guidance-to-help-online-platforms-better-protect-women-and-girls-online Online services in scope of the Online Safety Act were required to have completed their Illegal Content Risk Assessment and Children’s Access Assessment by March 2025 Legal,Regulation,Tax & Compliance DBS Bank and Bank of China customer records compromised in ransomware attack News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82294/dbs-bank-and-bank-of-china-customer-records-compromised-in-ransomware-attack Customer data that could have been compromised Legal,Regulation,Tax & Compliance Six banks select Luxhub's Payee Verification Platform ahead of EU VOP deadline News Aggregation Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82271/six-banks-select-luxhubamp039s-payee-verification-platform-ahead-of-eu-vop-deadline PSPs offering SEPA credit transfers in Europe must implement a name and account matching service by 9 October 2025. Legal,Regulation,Tax & Compliance Cryptocurrency exchange hit with €1 million fine by FIAU News Aggregation Team Monday, April 07, 2025 1:00 am http://fintech.managersofwealth.com/article/82256/cryptocurrency-exchange-hit-with-ampeuro1-million-fine-by-fiau Regulator commends OKCoin for 'proactive approach' in remedying issues Legal,Regulation,Tax & Compliance Hong Kong bolsters banking security with new information-sharing Bill News Aggregation Team Friday, April 04, 2025 1:00 am http://fintech.managersofwealth.com/article/82232/hong-kong-bolsters-banking-security-with-new-information-sharing-bill It also promises to fortify public protection against fraud and money laundering, aligning with international practices to maintain Hong Kong’s stature as a leading international financial center. Legal,Regulation,Tax & Compliance 70% Of Bank IT Budgets Go to Maintaining Legacy Tech News Aggregation Team Friday, April 04, 2025 1:00 am http://fintech.managersofwealth.com/article/82243/70-of-bank-it-budgets-go-to-maintaining-legacy-tech The firm’s report found that banks are spending 70% of their budgets on maintaining these legacy systems, often employing a costly ‘path and upgrade’ strategy to their systems. Legal,Regulation,Tax & Compliance WorldFirst Rolls Out Mastercard-Enabled Virtual Card for SME Global Payments News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82388/worldfirst-rolls-out-mastercard-enabled-virtual-card-for-sme-global-payments Mobile payment support via Apple Pay and Google Pay is expected soon, followed by a physical card version planned for release in 2025. Retail Banking Corpay introduces virtual card for accounts payable News Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82359/corpay-introduces-virtual-card-for-accounts-payable Customers also have the option to let Corpay handle the entire process, managing all payments and expenses on their behalf. Retail Banking Apple Pay Now Available in Vietnam News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82360/apple-pay-now-available-in-vietnam Cardholders can now add their domestic debit, credit, prepaid, or dual cards to Apple Pay Retail Banking eBay Announces Global Payment Acquiring Partnership With Checkout.com News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82368/ebay-announces-global-payment-acquiring-partnership-with-checkoutcom Through this partnership, eBay expands its global payment platform to deliver seamless commerce experiences for its customers. Retail Banking Stripe Supports Weixin Pay for Physical Payment Terminals in 20 Countries News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82369/stripe-supports-weixin-pay-for-physical-payment-terminals-in-20-countries This addition will help merchants tap into the global Chinese diaspora—over 50 million people—many of whom live, work, or study outside China. Retail Banking US Bank launches spend management platform for business owners News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82344/us-bank-launches-spend-management-platform-for-business-owners The bank is rolling out the digital platform across its full portfolio of business banking credit cards in a move it says will give users an alternative to relying on multiple tools. Retail Banking Digital pound offline payments 'challenging' - BofE News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82345/digital-pound-offline-payments-amp039challengingamp039-bofe Offline payments occur while neither payer nor payee has access to the central bank digital currency network, usually due to the lack of an internet connection. Retail Banking Signature Bank in Chicago deploys Q2 Digital Banking platform News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82346/signature-bank-in-chicago-deploys-q2-digital-banking-platform The platform will support both Signature's retail and commercial channels. Retail Banking Banked acquires VibePay News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82356/banked-acquires-vibepay Banked says the acquisition will address a gap in the market by rewarding debit users who have been overlooked by traditional credit card programmes. Retail Banking What is Driving the Rapid Adoption of Embedded Finance? News Aggregation Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82328/what-is-driving-the-rapid-adoption-of-embedded-finance Customers increasingly expect financial services embedded seamlessly into platforms they already use Retail Banking How Oracle embeds Gen AI across product offerings News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82374/how-oracle-embeds-gen-ai-across-product-offerings AI adoption surges as tools reshape APAC industries. Bitcoin, Blockchain & AI How to leverage AI in wealth management: a guide for SMBs News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82373/how-to-leverage-ai-in-wealth-management-a-guide-for-smbs This guide shows you how to leverage AI in wealth management practice. Bitcoin, Blockchain & AI Panama City to accept crypto for taxes, permits and fines via bank conversion News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82383/panama-city-to-accept-crypto-for-taxes-permits-and-fines-via-bank-conversion Panama City now joins other cities across the globe in permitting cryptocurrencies for municipal payments. Bitcoin, Blockchain & AI Zocks Announces Strategic Partnership with Practifi to Enhance Wealth Management Workflows News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82385/zocks-announces-strategic-partnership-with-practifi-to-enhance-wealth-management-workflows The partnership also facilitates automatic updates to client records and workflow progression within Practifi. Bitcoin, Blockchain & AI EU AI Act rules on GPAI models under DeepSeek review News Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82361/eu-ai-act-rules-on-gpai-models-under-deepseek-review Rules specific to providers of GPAI models are set out in Chapter V of the AI Act and take effect on 2 August 2025. Bitcoin, Blockchain & AI Bitcoin Suisse: New Deal with Wealth Manager News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82365/bitcoin-suisse-new-deal-with-wealth-manager Bitcoin Suisse and SSI Wealth Management have established a reciprocal partnership. Bitcoin, Blockchain & AI Bitcoin’s wide price range to continue, no longer a ‘long only’ bet — Analyst News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82367/bitcoinamprsquos-wide-price-range-to-continue-no-longer-a-amplsquolong-onlyamprsquo-bet-ampmdash-analyst Bitcoin is no longer a parabolic ‘Long-Only’ retail-driven market Bitcoin, Blockchain & AI Silver Scott Announces Crypto Wealth Management Division and Strategic XRP Reserve Initiative News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82341/silver-scott-announces-crypto-wealth-management-division-and-strategic-xrp-reserve-initiative The service will initially focus on wealth managers, private banks, and qualified individual investors across North America, Europe, and select Asian markets. Bitcoin, Blockchain & AI Standard Chartered and OKX launch world-leading collateral mirroring programme News Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82326/standard-chartered-and-okx-launch-world-leading-collateral-mirroring-programme The programme will see leading institutions, such as Brevan Howard Digital, onboard onto this pioneering programme. Bitcoin, Blockchain & AI The Legal Implications of Open-Sourcing AI: The DeepSeek Case News Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82327/the-legal-implications-of-open-sourcing-ai-the-deepseek-case This article will explore potential legal implications of leveraging open-source AI models, particularly in relation to intellectual property (IP), trade secrets, and data privacy. Bitcoin, Blockchain & AI Wise Rolls Out ‘Spend with Others’ for Joint Expenses News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82376/wise-rolls-out-amplsquospend-with-othersamprsquo-for-joint-expenses The feature was designed to make shared spending more flexible, particularly for scenarios like group travel, household expenses, or supporting loved ones remotely. Mobile Banking NAPAS Taps IDEMIA’s Tech to Support Growing Demand for Digital Payments in Vietnam News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82377/napas-taps-idemiaamprsquos-tech-to-support-growing-demand-for-digital-payments-in-vietnam The move supports Vietnam’s growing demand for digital and contactless payments, particularly among younger, tech-savvy users. Mobile Banking Revolut App in Singapore Now Supports 39 Currencies After Adding 5 More News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82357/revolut-app-in-singapore-now-supports-39-currencies-after-adding-5-more The addition of CNY and VND is especially timely, as there are notable fluctuations in SGD-CNY and SGD-VND rates recently Mobile Banking Central Registry digitises services for greater operational efficiency News Aggregation Team Friday, April 11, 2025 1:00 am http://fintech.managersofwealth.com/article/82312/central-registry-digitises-services-for-greater-operational-efficiency The Registry will continue to evolve its services to ensure they meet the changing needs of customers and international expectations, while enabling a more sustainable and efficient environment for its operations. Mobile Banking Santander “first” UK bank to launch voice banking technology News Aggregation Team Friday, April 11, 2025 1:00 am http://fintech.managersofwealth.com/article/82318/santander-ampldquofirstamprdquo-uk-bank-to-launch-voice-banking-technology This project is also being carried out with Nuance. Mobile Banking OneVest Transforms Mobile Wealth Management for Advisors & Clients with a Customizable Mobile App for Today’s Modern Investor News Team Thursday, April 10, 2025 1:00 am http://fintech.managersofwealth.com/article/82296/onevest-transforms-mobile-wealth-management-for-advisors-ampamp-clients-with-a-customizable-mobile-app-for-todayamprsquos-modern-investor Designed with simplicity, the mobile app enables businesses to deliver a modern, fully branded wealth management experience, driving engagement and innovation. Mobile Banking Wise to Open Hyderabad Hub, Launches New Payment Feature for Indian Firms News Aggregation Team Thursday, April 10, 2025 1:00 am http://fintech.managersofwealth.com/article/82304/wise-to-open-hyderabad-hub-launches-new-payment-feature-for-indian-firms The hub is expected to play a role in global product development and operations as hiring ramps up. Mobile Banking Cambodia Joins Regional Payment Connectivity Initiative News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82292/cambodia-joins-regional-payment-connectivity-initiative The NBC’s inclusion boosts ASEAN cross-border payment integration and economic collaboration Mobile Banking GCash to Launch Government GBonds in First Half of 2025 News Aggregation Team Monday, April 07, 2025 1:00 am http://fintech.managersofwealth.com/article/82259/gcash-to-launch-government-gbonds-in-first-half-of-2025 This initiative aims to enhance financial inclusion by allowing GCash's over 94 million users to easily invest in government bonds, which typically have a minimum investment of P5,000. Mobile Banking Standard Life experiences ‘rampant growth’ in digital engagement News Aggregation Team Friday, April 04, 2025 1:00 am http://fintech.managersofwealth.com/article/82240/standard-life-experiences-amplsquorampant-growthamprsquo-in-digital-engagement Standard Life made over 260 releases to digital experience in 2024. Mobile Banking Digital-first, high-street loyal: Gen Z’s unique banking preferences News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82354/digital-first-high-street-loyal-gen-zamprsquos-unique-banking-preferences This generation is also increasingly investment-savvy. Comment & Analysis What’s holding wealth firms back from hybrid? News Aggregation Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82335/whatamprsquos-holding-wealth-firms-back-from-hybrid Cost concerns are stalling hybrid strategies in wealth firms. Comment & Analysis Northern Trust: 21% of private market investors allocate to crypto and digital assets News Aggregation Team Friday, April 11, 2025 1:00 am http://fintech.managersofwealth.com/article/82319/northern-trust-21-of-private-market-investors-allocate-to-crypto-and-digital-assets A noteworthy statistic that was unearthed is that cryptocurrencies and other digital assets are invested in by 21% of those that allocate to private markets. Comment & Analysis Advisor-friendly tech developments not limited to AI News Team Friday, April 11, 2025 1:00 am http://fintech.managersofwealth.com/article/82320/advisor-friendly-tech-developments-not-limited-to-ai But while AI has rapidly become an invaluable tool for advisors, a wide range of tech development, such as low-code development and all-in-one advisor desktops have largely flown under the radar. Comment & Analysis The SAP Finance Transformation Expert Leading Digital Advancement in Banking News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82280/the-sap-finance-transformation-expert-leading-digital-advancement-in-banking By leveraging SAP Finance solutions, he has driven innovation, enhanced operational efficiency and helped create a more agile, data-driven financial ecosystem for the banking sector. Comment & Analysis From niche to mainstream: Rothschild & Co redefines GP-Led Secondaries News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82288/from-niche-to-mainstream-rothschild-ampamp-co-redefines-gp-led-secondaries What next for GP Solutions? Comment & Analysis 6 challenges building societies face in the age of digital challengers News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82293/6-challenges-building-societies-face-in-the-age-of-digital-challengers For building societies, heritage is both an asset and a potential stumbling block. Comment & Analysis Contactless dominates UK spending News Aggregation Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82272/contactless-dominates-uk-spending The cost of the average purchase increased from £15.69 to £16.10, meaning the average person spent £3,803 via contactless in 2024, up from £3,623 in 2023. Comment & Analysis Temenos survey finds three quarters of banks are exploring GenAI deployment News Team Thursday, April 03, 2025 1:00 am http://fintech.managersofwealth.com/article/82226/temenos-survey-finds-three-quarters-of-banks-are-exploring-genai-deployment Banks are increasing their investment in GenAI but remain concerned about data privacy, legal requirements and accuracy Comment & Analysis How community financial institutions can bring investing inside to win News Aggregation Team Wednesday, April 02, 2025 1:00 am http://fintech.managersofwealth.com/article/82198/how-community-financial-institutions-can-bring-investing-inside-to-win A quarter of investors using an app never transfer their money back into their bank accounts. What if banks and credit unions can capitalize on this opportunity? Comment & Analysis Australian companies face new ransomware reporting requirements News Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82384/australian-companies-face-new-ransomware-reporting-requirements The Australian government’s annual cyberthreat report found that there was a 3% increase in ransomware attacks on businesses in 2023-24 when compared to the previous year and new ransomware groups continue to emerge. Cyber Security 'Scammers used fake app to steal from me in person' News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82387/amp039scammers-used-fake-app-to-steal-from-me-in-personamp039 About 500 reports of crimes involving fake banking apps have been made to Action Fraud in the past three years. Cyber Security Cyberthreats in Malta: shared threats must be met with a unified mindset News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82342/cyberthreats-in-malta-shared-threats-must-be-met-with-a-unified-mindset People, mindset and shared responsibility Cyber Security Cyberthreats are Causing the Most Tension in Fintechs Across the World Find FIS and Oxford Economics News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82347/cyberthreats-are-causing-the-most-tension-in-fintechs-across-the-world-find-fis-and-oxford-economics Other tensions identified by respondents were operational inefficiencies, payment friction, human errors, illiquidity, financial technology skills gaps, and reputational damage. Cyber Security Cyberthreats, fraud, regulatory complexities and financial inefficiencies cost firms £70m annually News Team Friday, April 11, 2025 1:00 am http://fintech.managersofwealth.com/article/82317/cyberthreats-fraud-regulatory-complexities-and-financial-inefficiencies-cost-firms-amppound70m-annually For the banks and fintech firms surveyed, money movement can be particularly vulnerable due to cybersecurity threats, fraud and compliance challenges, which can contribute to rising costs. Cyber Security Coalition launches Active Cyber Policy with enhanced coverage News Aggregation Team Thursday, April 10, 2025 1:00 am http://fintech.managersofwealth.com/article/82306/coalition-launches-active-cyber-policy-with-enhanced-coverage The Active Cyber Policy introduces a range of new and enhanced coverage features. Cyber Security Identity fraud and identity theft News Aggregation Team Wednesday, April 09, 2025 1:00 am http://fintech.managersofwealth.com/article/82289/identity-fraud-and-identity-theft How to help prevent them Cyber Security Over 11,000 DBS and Bank of China Customers Affected by Ransomware Attack on Vendor News Aggregation Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82268/over-11000-dbs-and-bank-of-china-customers-affected-by-ransomware-attack-on-vendor While names and addresses were potentially exposed via vendor Toppan Next Tech, both banks confirmed that sensitive login credentials and account balances were not compromised. Cyber Security CyberCube tools to boost Maury Donnelly & Parr sales enablement process News Aggregation Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82269/cybercube-tools-to-boost-maury-donnelly-ampamp-parr-sales-enablement-process Broking Manager assists brokers in clearly communicating cyber risk to their clients. Cyber Security Hawk raises $56m for AI-powered fraud prevention News Aggregation Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82274/hawk-raises-56m-for-ai-powered-fraud-prevention AI is in our DNA at Hawk. Cyber Security Capgemini: Banks Face Loyalty Crisis Over Card Services News Aggregation Team Friday, March 14, 2025 12:00 am http://fintech.managersofwealth.com/article/82007/capgemini-banks-face-loyalty-crisis-over-card-services The research found that 88% of industry executives globally consider an expanding reward ecosystem Research Paytech start-up Mimo raises $8.5m equity investment, inks embedded funding partnership with Froda News Aggregation Team Thursday, March 13, 2025 12:00 am http://fintech.managersofwealth.com/article/81974/paytech-start-up-mimo-raises-85m-equity-investment-inks-embedded-funding-partnership-with-froda This planned product development will include an invoice capture and bookkeeping automation tool called Fetch Research Barclays’ £7.5 million bill joins growing list of bank IT issues News Aggregation Team Friday, March 07, 2025 12:00 am http://fintech.managersofwealth.com/article/81916/barclaysamprsquo-amppound75-million-bill-joins-growing-list-of-bank-it-issues The Barclays incident alone will result in customers getting as much as £7.5 million ($9.7 million) in compensation Research Mastercard joins with Tamara to scale split payments in the UAE News Team Thursday, February 20, 2025 12:00 am http://fintech.managersofwealth.com/article/81743/mastercard-joins-with-tamara-to-scale-split-payments-in-the-uae Mastercard and Tamara, one of the leading fintech platform in the GCC for shopping, payments, and banking, are collaborating to launch a new virtual card in the UAE to strengthen the split payment ecosystem. Research LSEG releases research and insights app News Team Tuesday, January 28, 2025 12:00 am http://fintech.managersofwealth.com/article/81488/lseg-releases-research-and-insights-app This app provides a seamless, efficient way to access LSEG’s extensive range of research and insights Research Cyber attack fears pile further pressure on business owners reeling from Budget cost hikes News Team Thursday, November 28, 2024 12:00 am http://fintech.managersofwealth.com/article/80864/cyber-attack-fears-pile-further-pressure-on-business-owners-reeling-from-budget-cost-hikes Businesses already face a number of headwinds from rising employer National Insurance contributions, a hike in the minimum wage and more demanding employee rights, and it seems technological worries are adding to the burden. Research Two-Thirds of Banks Losing Clients Due to Poor Onboarding, Warns Fenergo News Aggregation Team Thursday, November 21, 2024 12:00 am http://fintech.managersofwealth.com/article/80784/two-thirds-of-banks-losing-clients-due-to-poor-onboarding-warns-fenergo It’s more important than ever for financial institutions to improve their KYC procedures. Research Majority of banks and insurers struggle to maximize the value from their cloud investments News Team Friday, November 15, 2024 12:00 am http://fintech.managersofwealth.com/article/80718/majority-of-banks-and-insurers-struggle-to-maximize-the-value-from-their-cloud-investments The analysis further suggests only 12% of financial services organizations can be considered ‘cloud innovators’. Research Family guys focus on the Fed, tech and succession plans News Aggregation Team Wednesday, September 25, 2024 1:00 am http://fintech.managersofwealth.com/article/80111/family-guys-focus-on-the-fed-tech-and-succession-plans Family offices are becoming increasingly professionalised and global. Research Visa reveals SME megatrends in the UAE News Team Monday, July 22, 2024 1:00 am http://fintech.managersofwealth.com/article/79381/visa-reveals-sme-megatrends-in-the-uae Visa recognizes the pivotal role of SMEs in driving economic growth Research Former HSBC exec talks career switch to fintech News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82375/former-hsbc-exec-talks-career-switch-to-fintech HSBC was Episode Six’s second client. Innovation & Startups Latin American open finance platform Belvo raises $15m News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82379/latin-american-open-finance-platform-belvo-raises-15m Belvo’s platform enables financial institutions and large enterprises to access and interpret end-user financial data and initiate account-to-account payments in Latin America. Innovation & Startups The upheaval in the financial sector News Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82382/the-upheaval-in-the-financial-sector At the heart of these changes are the challenges of digitalization, the growing importance of cybersecurity, and the pressure to remain competitive. Innovation & Startups Use of AI increases accuracy in predictions of ECB moves, DIW says News Aggregation Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82386/use-of-ai-increases-accuracy-in-predictions-of-ecb-moves-diw-says Researchers analysed the ECB's communications from January 2019 to March 2025 using a specially trained text analysis model based on AI. Innovation & Startups An offshore guide to fintech (Chambers) News Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82366/an-offshore-guide-to-fintech-chambers It is expected that the trends of AI, Embedded Finance and Super Apps will continue to dominate the fintech scene Innovation & Startups Allica Bank nearly doubles profits News Aggregation Team Wednesday, April 16, 2025 1:00 am http://fintech.managersofwealth.com/article/82372/allica-bank-nearly-doubles-profits The growth was driven by significant investment in digital infrastructure Innovation & Startups German coalition agreement marks shift towards more innovative approach to data protection News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82343/german-coalition-agreement-marks-shift-towards-more-innovative-approach-to-data-protection For instance, the coalition agreement proposes making data protection laws less bureaucratic and more innovation friendly. Innovation & Startups Wio Bank Unveils New Banking Plan to Automate Wealth Building While Prioritising Wellness News Aggregation Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82352/wio-bank-unveils-new-banking-plan-to-automate-wealth-building-while-prioritising-wellness Salaried individuals are increasingly seeking banking solutions that do more than just store their income. Innovation & Startups Valletta Credit Finance goes live with Profile Software’s Finuevo Core solution News Team Tuesday, April 15, 2025 1:00 am http://fintech.managersofwealth.com/article/82353/valletta-credit-finance-goes-live-with-profile-softwareamprsquos-finuevo-core-solution The implementation is set to streamline VCFC’s payment infrastructure, automate back-office functions, and future-proof the institution’s banking technology stack. Innovation & Startups BNP Paribas Securities Services taps Confluence for reporting automation News Aggregation Team Monday, April 14, 2025 1:00 am http://fintech.managersofwealth.com/article/82329/bnp-paribas-securities-services-taps-confluence-for-reporting-automation The global custodian is set to deploy Confluence's Unity Financial Reporting solution. Innovation & Startups Archax acquires Globacap as bridgehead to the US News Team Monday, March 31, 2025 1:00 am http://fintech.managersofwealth.com/article/82175/archax-acquires-globacap-as-bridgehead-to-the-us Through this acquisition, Archax will leverage these permissions and capabilities to offer its relevant core real-world asset (RWA) products and services in the US. Trading Platforms Moody's unveils unified platform to help businesses identify counterparty risk News Team Monday, February 10, 2025 12:00 am http://fintech.managersofwealth.com/article/81623/moodyamp039s-unveils-unified-platform-to-help-businesses-identify-counterparty-risk Understanding and managing counterparty data is not just about identifying threats but also about seizing opportunity. Trading Platforms Standard Chartered Has Introduced SC PrismFX News Aggregation Team Wednesday, January 22, 2025 12:00 am http://fintech.managersofwealth.com/article/81416/standard-chartered-has-introduced-sc-prismfx For Corporate clients, SC PrismFX provides a consistent transactional FX payments experience across Standard Chartered’s markets globally Trading Platforms India's Fyers launches options trading platform News Team Thursday, November 28, 2024 12:00 am http://fintech.managersofwealth.com/article/80860/indiaamp039s-fyers-launches-options-trading-platform Scalpers seek quick profits from minor price fluctuations, typically holding positions for extremely short periods, sometimes just seconds. Trading Platforms TD Bank Joins LTX, A Broadridge Company, As a Liquidity Provider News Team Tuesday, October 22, 2024 1:00 am http://fintech.managersofwealth.com/article/80421/td-bank-joins-ltx-a-broadridge-company-as-a-liquidity-provider TD Bank will contribute axes, or pre-trade indications of interest, to LTX’s Liquidity Cloud and utilize LTX’s RFQ+ protocol to provide Investment Grade and High Yield bond liquidity to its institutional clients. Trading Platforms ETFs Utilize Integrated Management Approach, Provide Allocations to All Core Equity Asset Classes News Team Friday, October 11, 2024 1:00 am http://fintech.managersofwealth.com/article/80305/etfs-utilize-integrated-management-approach-provide-allocations-to-all-core-equity-asset-classes The new equity-based ETFs now provide building block solutions for investor portfolios across all core equity asset classes. Trading Platforms Broadridge Launches Tradeverse, Transforms the Way Global Financial Firms Manage Their Trading Data News Aggregation Team Wednesday, September 04, 2024 1:00 am http://fintech.managersofwealth.com/article/79880/broadridge-launches-tradeverse-transforms-the-way-global-financial-firms-manage-their-trading-data Cloud-native platform reinvents the data lake by capturing and harmonizing the full transaction lifecycle, enabling firms to unlock opportunities through advanced data analytics and AI capabilities Trading Platforms Newgen launches trade finance platform in the Middle East News Team Monday, September 02, 2024 1:00 am http://fintech.managersofwealth.com/article/79845/newgen-launches-trade-finance-platform-in-the-middle-east The Middle East launch of Newgen’s trade finance platform follows a strong year of growth for the company Trading Platforms Payoneer acquires payroll start-up Skuad in Singapore for $61m News Aggregation Team Thursday, August 08, 2024 1:00 am http://fintech.managersofwealth.com/article/79588/payoneer-acquires-payroll-start-up-skuad-in-singapore-for-61m It currently operates in 160 countries worldwide with support for 100 currencies. Trading Platforms Trading app gamification can increase risk taking - FCA News Aggregation Team Monday, June 24, 2024 1:00 am http://fintech.managersofwealth.com/article/79032/trading-app-gamification-can-increase-risk-taking-fca In addition, DEPs have a larger impact on people with low financial literacy, women and younger Brits. Trading Platforms Zoe Financial Incorporates Morningstar Indexes Into the Zoe Wealth Platform News Team Thursday, April 17, 2025 1:00 am http://fintech.managersofwealth.com/article/82381/zoe-financial-incorporates-morningstar-indexes-into-the-zoe-wealth-platform RIAs and investors using the Zoe Wealth Platform will now have access to the Morningstar Indexes, which will first add Morningstar's Core US equity indexes with the potential to expand the offerings over time. Alternative Investments Syz outlines alternative assets revolution News Aggregation Team Friday, April 11, 2025 1:00 am http://fintech.managersofwealth.com/article/82325/syz-outlines-alternative-assets-revolution Alternative investments have long been viewed as a crucial component of any diversified portfolio, offering returns that not directly correlated with traditional equities and bonds. Alternative Investments Investment bank Teniz Capital ventures into fintech, stakes 49% in Tabys News Team Tuesday, April 08, 2025 1:00 am http://fintech.managersofwealth.com/article/82277/investment-bank-teniz-capital-ventures-into-fintech-stakes-49-in-tabys The platform boasts more than 21,000 active clients, and is one of the most important fintech players in the Central Asian market. Alternative Investments Finastra Teams Up with SmartStream to Enhance Collateral Workflows for Banks News Aggregation Team Monday, April 07, 2025 1:00 am http://fintech.managersofwealth.com/article/82258/finastra-teams-up-with-smartstream-to-enhance-collateral-workflows-for-banks The partnership aims to support banks in managing collateral workflows and navigating increasingly complex regulatory requirements Alternative Investments Iress and Standard Life join forces to launch online annuity applications News Aggregation Team Friday, April 04, 2025 1:00 am http://fintech.managersofwealth.com/article/82242/iress-and-standard-life-join-forces-to-launch-online-annuity-applications “It is a win-win and we are grateful to Standard Life for sharing our vision of going ‘beyond compare’.” Alternative Investments Endowus expands credit offerings with global alternative investment manager Man Group News Aggregation Team Wednesday, April 02, 2025 1:00 am http://fintech.managersofwealth.com/article/82204/endowus-expands-credit-offerings-with-global-alternative-investment-manager-man-group The firm has been adding more tailored options as the firm aims to introduce holistic investment solutions to help clients diversify portfolios. Alternative Investments HSBC joins FIA Tech ownership consortium News Team Tuesday, April 01, 2025 1:00 am http://fintech.managersofwealth.com/article/82187/hsbc-joins-fia-tech-ownership-consortium HSBC is the 13th global clearing firm to invest in FIA Tech and will also serve on its board of directors. Alternative Investments J Safra Sarasin's portfolio manager Godziek is digging beyond AI News Aggregation Team Monday, March 31, 2025 1:00 am http://fintech.managersofwealth.com/article/82170/j-safra-sarasinamp039s-portfolio-manager-godziek-is-digging-beyond-ai As AI hype ebbs, portfolio manager Tomasz Godziek is zeroing in on the deeptech enablers, from quantum computing to next-gen semiconductors. Alternative Investments SpaceX allowed Chinese investments via offshore hubs News Aggregation Team Monday, March 31, 2025 1:00 am http://fintech.managersofwealth.com/article/82171/spacex-allowed-chinese-investments-via-offshore-hubs Executives terminated the transaction after media coverage raised concerns about US national security scrutiny. Alternative Investments Spain’s fintech firm Wannme raises €7M to speed up payments for marketplace sellers News Aggregation Team Monday, March 31, 2025 1:00 am http://fintech.managersofwealth.com/article/82172/spainamprsquos-fintech-firm-wannme-raises-ampeuro7m-to-speed-up-payments-for-marketplace-sellers This funding will support Wannme in offering instant payment advances to marketplace sellers, enabling them to receive earnings daily instead of after more than 14 days due to marketplace rules. Alternative Investments Temenos continues to top ESG ratings from Dow Jones, S&P Global, Sustainalytics and CDP News Team Wednesday, March 26, 2025 12:00 am http://fintech.managersofwealth.com/article/82123/temenos-continues-to-top-esg-ratings-from-dow-jones-sampampp-global-sustainalytics-and-cdp Consistently strong ESG ratings reflect Temenos’ leadership in sustainability for the banking industry Planet SOS ESG in Action: The Role of Fintech Companies in Belgium’s Sustainable Financial Future News Aggregation Team Tuesday, February 18, 2025 12:00 am http://fintech.managersofwealth.com/article/81709/esg-in-action-the-role-of-fintech-companies-in-belgiumamprsquos-sustainable-financial-future Belgian fintech firms are also actively fostering collaboration with traditional financial institutions Planet SOS Cynergy Bank issues debit cards made from Parley Ocean plastic News Team Monday, February 17, 2025 12:00 am http://fintech.managersofwealth.com/article/81700/cynergy-bank-issues-debit-cards-made-from-parley-ocean-plastic This innovative launch aligns with Cynergy Bank’s commitment to sustainability and its Environmental, Social, and Governance (ESG) agenda. Planet SOS Modern Bankers in an age of sustainable banking: Three take-aways News Team Wednesday, January 22, 2025 12:00 am http://fintech.managersofwealth.com/article/81409/modern-bankers-in-an-age-of-sustainable-banking-three-take-aways Capgemini offers expertise in ESG data management and sector-specific sustainability trends to make banks and bankers future ready. Planet SOS Evolving Attitudes: Zumo Reveals Even Traditional Investors are Turning to Sustainable Investments News Aggregation Team Thursday, January 02, 2025 12:00 am http://fintech.managersofwealth.com/article/81184/evolving-attitudes-zumo-reveals-even-traditional-investors-are-turning-to-sustainable-investments Sitting down with Nick Jones, we learnt how his company Zumo, the digital-assets-as-a-service platform is creating a more sustainable world. Planet SOS Northern Trust signs MoU with University of Singapore to advance green finance innovation News Team Tuesday, December 17, 2024 12:00 am http://fintech.managersofwealth.com/article/81065/northern-trust-signs-mou-with-university-of-singapore-to-advance-green-finance-innovation The partnership will also contribute to academic engagements through Northern Trust’s partnership with the Singapore Blockchain Innovation Programme Planet SOS BlackRock, MAS Unveil Blended Finance Initiative for SE Asia Decarbonisation News Aggregation Team Tuesday, November 12, 2024 12:00 am http://fintech.managersofwealth.com/article/80674/blackrock-mas-unveil-blended-finance-initiative-for-se-asia-decarbonisation The programme aims to mobilise capital for decarbonisation projects in Southeast Asia Planet SOS Is Sustainability the New Priority in Digital Banking? News Aggregation Team Monday, October 21, 2024 1:00 am http://fintech.managersofwealth.com/article/80403/is-sustainability-the-new-priority-in-digital-banking Regulatory pressures and growing consumer demand for responsible practices are driving the strategic direction of digital banking, with sustainability and ESG commitments playing a central role. Planet SOS ESG Data & Solutions introduces ESGSure to transform ESG research News Aggregation Team Wednesday, September 11, 2024 1:00 am http://fintech.managersofwealth.com/article/79964/esg-data-ampamp-solutions-introduces-esgsure-to-transform-esg-research ESG Data & Solutions is dedicated to enhancing the accessibility and reliability of ESG data. Planet SOS Carbon Capture Gets Boost from Major Bank of America Investment News Aggregation Team Thursday, September 05, 2024 1:00 am http://fintech.managersofwealth.com/article/79904/carbon-capture-gets-boost-from-major-bank-of-america-investment This investment represents a significant vote of confidence in carbon capture technology Planet SOS