Managers of Wealth - Fintech http://fintech.managersofwealth.com/ Tue, 30 Nov 2021 21:29:33 GMT part of MediaG8way Group http://fintech.managersofwealth.com/ http://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Digital Wealth Platform Secures Funding for Growth News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67333/digital-wealth-platform-secures-funding-for-growth Launched in Singapore in 2019, the platform currently has over S$1.5 billion in assets under advice. Wealth Technology Do you have the right approach to building a risk-aware investment process? News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67314/do-you-have-the-right-approach-to-building-a-risk-aware-investment-process Organisations that proactively manage risk are more risk-aware and be¬tter at tailoring risk to get a higher return on their portfolios. Wealth Technology The path forward for Wealth Managers: explainable ESG and hyper-personalisation News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67258/the-path-forward-for-wealth-managers-explainable-esg-and-hyper-personalisation This yearly conference is one of the must-attend event in the space of the Canadian Wealth Management Wealth Technology The future of wealth management: Hybrid advice, hyper-personalisation, and holistic services News Aggregation Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67235/the-future-of-wealth-management-hybrid-advice-hyper-personalisation-and-holistic-services Robo-advisors are increasingly offered to clients, and in some cases are used exclusively by clients for self-service advice. Wealth Technology HSBC collaborates with Saxo to enhance its digital investment offerings in Singapore News Aggregation Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67238/hsbc-collaborates-with-saxo-to-enhance-its-digital-investment-offerings-in-singapore "Through this collaboration, we’ll be able to accelerate the delivery of a market leading trading platform for our Singapore customers, opening up a world of opportunity and helping them grow their wealth.” Wealth Technology Delio launches Ventures initiative News Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67239/delio-launches-ventures-initiative The highly configurable way in which Delio’s technology has been engineered means that we are able to deploy it in diverse and exciting ways. Wealth Technology Just Wealth launches digital mark4ting support for advisers News Team Thursday, November 18, 2021 12:00 am http://fintech.managersofwealth.com/article/67137/just-wealth-launches-digital-mark4ting-support-for-advisers The digital marketing package includes branded social media profiles, Google My Business profiles and compliance approved social media content. Wealth Technology Transparency and data management for family offices News Team Thursday, November 18, 2021 12:00 am http://fintech.managersofwealth.com/article/67139/transparency-and-data-management-for-family-offices A golden data set is created by aggregating data from multiple sources and cleansing and normalizing it into a single source. Everything in the office should use this single source of data. Wealth Technology InvestorCOM Recognized as Best Wealth Management Regulatory Solution for the Client Focused Reforms News Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67118/investorcom-recognized-as-best-wealth-management-regulatory-solution-for-the-client-focused-reforms Eleven judges, with expertise in regulations, technology, and financial services, evaluated the nominations to arrive at this year’s list. Wealth Technology Praemium enters ‘final stage’ in sale of UK platform News Aggregation Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67124/praemium-enters-amplsquofinal-stageamprsquo-in-sale-of-uk-platform Praemium’s international business includes the Praemium UK platform as well as businesses in Jersey, Dubai and Hong Kong and its investment management company Smart IM, and the customer relationship management systems Wealthcraft and Plum. Wealth Technology Allfunds makes strategic hire to lead Hong Kong office News Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67336/allfunds-makes-strategic-hire-to-lead-hong-kong-office In his new role, Sebastien Chaker will focus on managing the HK relationships with over 50 distributors Allfunds currently has across the region. Executive Moves KPMG Appoints a Partner in its Financial Services Technology practice News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67316/kpmg-appoints-a-partner-in-its-financial-services-technology-practice He joins KPMG from IBM where he has worked since 2007. Executive Moves C8 Technologies makes senior hires in the US and UK News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67277/c8-technologies-makes-senior-hires-in-the-us-and-uk Mackin joins to support C8’s client team, across sales and marketing, based in London. Executive Moves Citigroup to split Institutional Clients Group's ops, tech units News Aggregation Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67242/citigroup-to-split-institutional-clients-groupamp039s-ops-tech-units Stuart Riley, who currently heads the operations and technology units at ICG, will now only manage the technology team. Executive Moves WealthO2 appoints to newly created role News Aggregation Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67246/wealtho2-appoints-to-newly-created-role Whelan added that Rutty joins the company during a strong period of growth for the company. Executive Moves Euroclear appoints group chief information officer News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67249/euroclear-appoints-group-chief-information-officer Michal was previously acting as interim Co CIO with Marc De Rycke. Executive Moves HSBC Hires Two Senior Tech-focused Investment Bankers From UBS News Aggregation Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67230/hsbc-hires-two-senior-tech-focused-investment-bankers-from-ubs He is based in Singapore. Executive Moves Canstar appoints chief product and technology officer News Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67232/canstar-appoints-chief-product-and-technology-officer Demasi will lead the company’s digital innovation strategy, advancing Canstar’s technology capabilities and delivering improved customer and client experiences on site. Executive Moves Citi appoints head of the new ICG Crypto Team News Aggregation Team Tuesday, November 23, 2021 12:00 am http://fintech.managersofwealth.com/article/67195/citi-appoints-head-of-the-new-icg-crypto-team Citigroup appointed a new head of digital assets in its institutional client group (ICG) on Monday, a reflection of how Wall Street banks are increasingly dipping their toes into the exploding crypto market. Executive Moves Integral boosts cloud technology offering globally with two bold new hires News Aggregation Team Tuesday, November 23, 2021 12:00 am http://fintech.managersofwealth.com/article/67201/integral-boosts-cloud-technology-offering-globally-with-two-bold-new-hires The hires come as Integral continues to expand its product and sales teams to support the accelerating shift to cloud technology by financial institutions. Executive Moves HKEx Announces Rule Changes To Attract Overseas Issuers - Especially Greater China Issuers News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67304/hkex-announces-rule-changes-to-attract-overseas-issuers-especially-greater-china-issuers These amendments are detailed in the 'Consultation Conclusions on Listing Regime for Overseas Issuers' (Conclusions) – and this Update explains some of the key changes. Legal,Regulation,Tax & Compliance US banking regulators are looking to clarify crypto rules in 2022 News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67313/us-banking-regulators-are-looking-to-clarify-crypto-rules-in-2022 The regulators also say it’s an attempt to make sure the financial industry isn’t used to launder ill-gotten currency, something the Treasury Department has been focusing on recently. Legal,Regulation,Tax & Compliance U.S. Federal Bank Regulators Require Notifications For Material Cybersecurity Incidents News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67271/us-federal-bank-regulators-require-notifications-for-material-cybersecurity-incidents Unlike some of those regulations, this rule is not linked to compromised consumer data. Legal,Regulation,Tax & Compliance Leaked emails reveal how Macquarie Bank became entangled in an $80 billion scandal News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67276/leaked-emails-reveal-how-macquarie-bank-became-entangled-in-an-80-billion-scandal A memo submitted ahead of the board meeting noted: "The risk of reputational damage remains should the German authorities take action against the funds." Legal,Regulation,Tax & Compliance Landsbankinn selects Salt Edge to reach PSD2 compliance News Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67285/landsbankinn-selects-salt-edge-to-reach-psd2-compliance The new Act on Payment Services, which transposes the European PSD2 into Icelandic law, entered into force on November 1, 2021 Legal,Regulation,Tax & Compliance Islamic bank selects CapitalCompliance News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67250/islamic-bank-selects-capitalcompliance Capital Banking Solutions has been awarded the contract for the deployment of its integrated Anti-money laundering and tax evasion solution named CapitalCompliance Legal,Regulation,Tax & Compliance Basel Committee publishes more details on global systemically important banks News Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67218/basel-committee-publishes-more-details-on-global-systemically-important-banks The final scores are mapped to corresponding buckets that determine the higher loss absorbency requirement for each G-SIB. Legal,Regulation,Tax & Compliance Russian cybersecurity executive appeals to Putin as detention for treason extended News Aggregation Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67221/russian-cybersecurity-executive-appeals-to-putin-as-detention-for-treason-extended Sachkov, 35, who founded Group-IB, one of Russia's most prominent cybersecurity firms, was arrested in September and charged with divulging state secrets, allegations he denies. Legal,Regulation,Tax & Compliance Infrastructure Legislation Expands US Tax Information Reporting to Cryptocurrency and Other Digital Assets News Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67223/infrastructure-legislation-expands-us-tax-information-reporting-to-cryptocurrency-and-other-digital-assets Congress sought to address this issue in the Infrastructure Investment and Jobs Act (the “Act”), which was signed into law by President Biden on November 15, 2021. Legal,Regulation,Tax & Compliance US banking regulators plan to publish crypto guidance throug News Aggregation Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67236/us-banking-regulators-plan-to-publish-crypto-guidance-throug The agency's work focused on bolstering internal understanding and defining the regulatory parameters for each agency in the context of crypto activities. Legal,Regulation,Tax & Compliance Saudi Arabia to allow more digital banks, central bank governor says News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67272/saudi-arabia-to-allow-more-digital-banks-central-bank-governor-says The kingdom this year issued licences for its first digital banks, STC Bank and Saudi Digital Bank Retail Tech Saigon Commercial Bank picks BCB as tech partner in Vietnam News Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67225/saigon-commercial-bank-picks-bcb-as-tech-partner-in-vietnam The bank has selected the SmartVista ATM switching and card management system for its peerless, user experience design and the flexibility to configure products to suit the bank’s specific requirement - without the need for coding or additional inve Retail Tech Italy's Banca Carige rolls out first of its fully digital branches with Auriga News Team Tuesday, November 23, 2021 12:00 am http://fintech.managersofwealth.com/article/67207/italyamp039s-banca-carige-rolls-out-first-of-its-fully-digital-branches-with-auriga To guide customers, branch staff perform Meeter and Greeter roles to help users familiarise themselves with digital devices, as well as authenticate them. Retail Tech Expanding digital strategy, Scotiabank Cayman launches cashless branch News Aggregation Team Thursday, November 18, 2021 12:00 am http://fintech.managersofwealth.com/article/67140/expanding-digital-strategy-scotiabank-cayman-launches-cashless-branch The move, Hobbs said, represents the continuation of a wider objective of the bank of ensuring that all customers can access and benefit from its electronic and digital channels across its Caribbean-wide operations. Retail Tech Bank of Queensland shifts debit cards to Fiserv FirstVision platform News Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67115/bank-of-queensland-shifts-debit-cards-to-fiserv-firstvision-platform Bank of Queensland (BOQ) is bringing an enhanced set of capabilities to debit card holders as part of the bank’s comprehensive new digital offering. Retail Tech Wyoming Bank & Trust opts for CSI core platform News Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67117/wyoming-bank-ampamp-trust-opts-for-csi-core-platform Wyoming Bank & Trust began searching for a new core platform after experiencing reliability issues and excessive downtimes with its previous core provider. Retail Tech Fusion Credit Union Chooses BankBI and Celero to Automate Financial Performance Management and Regulatory Reporting News Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67127/fusion-credit-union-chooses-bankbi-and-celero-to-automate-financial-performance-management-and-regulatory-reporting For Fusion, this solution will enable their executives and finance and risk teams to better understand and drive performance through balance sheet growth Retail Tech Al Baraka Islamic Bank taps Layer for digital banking transformation News Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67129/al-baraka-islamic-bank-taps-layer-for-digital-banking-transformation This new partnership will see the Dublin-based company add an additional 80,000 users to its platform. Retail Tech Newt to operate SaaS payment platform for BBVA in Mexico News Aggregation Team Tuesday, November 16, 2021 12:00 am http://fintech.managersofwealth.com/article/67093/newt-to-operate-saas-payment-platform-for-bbva-in-mexico Collaborating jointly with Blackhawk to deliver their digital stored value and prepaid cards to the Hispanic market extends the reach of BBVA’s money solutions to the underbanked population and provides more alternatives to all of BBVA’s custo Retail Tech Visa has a Neat strategy for B2B payments News Aggregation Team Tuesday, November 16, 2021 12:00 am http://fintech.managersofwealth.com/article/67095/visa-has-a-neat-strategy-for-b2b-payments Neat is one of several business-focused fintechs that Visa is working with to accelerate digital payments. Retail Tech VP Bank is the first Liechtenstein bank to successfully tokenise a work of art News Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67324/vp-bank-is-the-first-liechtenstein-bank-to-successfully-tokenise-a-work-of-art Tokenisation makes it much more straightforward to access paintings, along with other works of art Bitcoin, Blockchain & AI China Crypto Leader Huobi Selects Singapore for Asia HQ News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67338/china-crypto-leader-huobi-selects-singapore-for-asia-hq Earlier this month, Huobi advised Singapore-based customers to close out all active positions and withdraw all digital assets from the platform, as it would be gradually phasing out services for them, ahead of the launch of its local entity. Bitcoin, Blockchain & AI Jos Dijsselhof: Lot of Support to Build a Digital Exchange in Singapore News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67294/jos-dijsselhof-lot-of-support-to-build-a-digital-exchange-in-singapore "The digital asset space is where a lot of the growth of the future will be coming from." Bitcoin, Blockchain & AI Martin Lewis: Cryptocurrencies are changing the financial world and people's lives News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67303/martin-lewis-cryptocurrencies-are-changing-the-financial-world-and-peopleamp039s-lives So if you can't afford to lose the money that you put in, then do not invest in it. Bitcoin, Blockchain & AI Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67310/tanzanian-central-bank-preparing-for-cbdc-to-ensure-country-is-not-left-behind As previously reported by Bitcoin.com News, the Bank of Ghana is the only other West African central bank that said it is close to launching its CBDC. Bitcoin, Blockchain & AI Swissquote CEO on Swiss Banks' Crypto Panic News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67317/swissquote-ceo-on-swiss-banksamp039-crypto-panic He concedes that the proportion of regular bank customers who invest in cryptocurrencies is still relatively small. Bitcoin, Blockchain & AI Invesco unveils physically backed bitcoin ETP News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67318/invesco-unveils-physically-backed-bitcoin-etp Fixed 0.99% annual fee Bitcoin, Blockchain & AI Dozens of companies in Japan will test a digital currency to launch in 2022 News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67322/dozens-of-companies-in-japan-will-test-a-digital-currency-to-launch-in-2022 The project will be carried out outside the yuan digital, which is currently being developed by the central bank of Japan. Bitcoin, Blockchain & AI Mexico's Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67275/mexicoamp039s-third-richest-man-advises-buy-bitcoin-now-ampmdash-says-us-looking-increasingly-like-third-world-country Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Bitcoin, Blockchain & AI One in four hedge fund managers to increase crypto exposure, says EY survey News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67279/one-in-four-hedge-fund-managers-to-increase-crypto-exposure-says-ey-survey Despite an increase in activity in 2021 though, crypto allocations remain low though with many managers cautious to enter the space. Bitcoin, Blockchain & AI Standard Bank Sees Contactless Payments Boom During SA’s Black Friday News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67328/standard-bank-sees-contactless-payments-boom-during-saamprsquos-black-friday While many retailers have chosen to extend their value deals over a few days before and after the traditional Black Friday trading date Mobile Banking AJ Bell to offer 0.15% fees with new Dodl app News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67302/aj-bell-to-offer-015-fees-with-new-dodl-app Pricing pressure has been increasing across the market, with recent moves by firms hoping to challenge incumbents by offering fee-free trades, low-cost fixed fees and family discounts. Mobile Banking Arab Bank Launches the New Version of Arabi Mobile App in Bahrain News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67312/arab-bank-launches-the-new-version-of-arabi-mobile-app-in-bahrain The launch of the new version of the application comes as part of Arab Bank’s constant efforts to deploy the latest digital banking solutions, offering its customers a seamless banking experience. Mobile Banking PPRO Grows in Indonesia News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67270/ppro-grows-in-indonesia The addition of Kredivo to our platform is a milestone in our Indonesia expansion Mobile Banking FCA poured £5 million into laptops for hybrid working News Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67284/fca-poured-amppound5-million-into-laptops-for-hybrid-working The FCA also purchased 307 Samsung phones and 39 iPhones with an indicative range of the spend of £0- £100,000. Mobile Banking One year of CSX: Best-known Swiss brand for digital banking in Switzerland – user figures testify to successful establishment in the market News Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67287/one-year-of-csx-best-known-swiss-brand-for-digital-banking-in-switzerland-ampndash-user-figures-testify-to-successful-establishment-in-the-market The total volume of assets held with CSX now amounts to more than CHF 1 billion. Mobile Banking Pandemic makes 75% of consumers more likely to use digital banking in the future News Team Friday, November 12, 2021 12:00 am http://fintech.managersofwealth.com/article/67057/pandemic-makes-75-of-consumers-more-likely-to-use-digital-banking-in-the-future Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic, according to a new report from SaaS cloud banking platform Mambu. Mobile Banking Wall Street Plans Large Job Cuts As Remote Work And Tech Take Over News Aggregation Team Friday, November 12, 2021 12:00 am http://fintech.managersofwealth.com/article/67064/wall-street-plans-large-job-cuts-as-remote-work-and-tech-take-over It's not just the big banks. About 13% of Big Apple employers expect to reduce their workforces in coming years, and around 33% responded that their need for real estate and office space will decline. Mobile Banking Qatar Islamic Bank launches video banking News Aggregation Team Wednesday, November 10, 2021 12:00 am http://fintech.managersofwealth.com/article/67015/qatar-islamic-bank-launches-video-banking The Video Banking service currently allows existing QIB customers to place a video call with a QIB service agent to get real-time guidance while applying for Instant Finance digitally via the QIB Mobile App. Mobile Banking Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021 News Aggregation Team Tuesday, November 09, 2021 12:00 am http://fintech.managersofwealth.com/article/66999/open-banking-forecast-for-heavy-adoption-amongst-uk-credit-providers-in-2021 55% of lenders plan to adopt Open Banking technology by the end of 2021, with 93% of those businesses expecting to adopt the data-sharing initiative in the next 12 months; according to the recent data of Know-it. Mobile Banking Maltese businesses are embracing Internet of Things, survey suggests News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67330/maltese-businesses-are-embracing-internet-of-things-survey-suggests The report aims to shed light on how IoT is paving the way for businesses to redefine the way they manufacture or design products, optimise processes and enable enhanced sales while, at the same time, increase awareness of its adoption among Maltese busin Comment & Analysis Mark Harrison, CTO, Killik & Co, Talks About Digital Transformation News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67325/mark-harrison-cto-killik-ampamp-co-talks-about-digital-transformation Mark is a highly experienced business leader with an outstanding track record in promoting, overseeing, and delivering business transformation programmes. Comment & Analysis Ransomware attacks surge across UK, new report finds News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67291/ransomware-attacks-surge-across-uk-new-report-finds The report also warned that the high levels of home working prompted by the Covid-19 pandemic meant criminals were increasingly able to use ’off-the-shelf‘ malware to exploit unpatched software and weaknesses in VPNs to access organisations&am Comment & Analysis MAS assesses economic case for retail CBDC News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67306/mas-assesses-economic-case-for-retail-cbdc MAS’ strategic approach towards a retail CBDC for Singapore acknowledges the dynamic nature of the payment landscape, evolving public preferences and the potential of nascent technology solutions. Comment & Analysis Banking’s shift to cloud gathers steam as pandemic and fintechs spur faster adoption News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67320/bankingamprsquos-shift-to-cloud-gathers-steam-as-pandemic-and-fintechs-spur-faster-adoption Move had begun before pandemic but going virtual expedited it Comment & Analysis Bitcoin prices likely to double over the next 12 months News Aggregation Team Sunday, November 28, 2021 12:00 am http://fintech.managersofwealth.com/article/67288/bitcoin-prices-likely-to-double-over-the-next-12-months Fall in largest digital currency is a ‘major buying opportunity’ Comment & Analysis Cryptocurrency for diamonds in $20mln auction News Team Sunday, November 28, 2021 12:00 am http://fintech.managersofwealth.com/article/67289/cryptocurrency-for-diamonds-in-20mln-auction Auction includes a collection of diamonds consigned by the former Chief Diamond Polisher at the Argyle diamond mine Comment & Analysis It’s Time to Get Rid of the IT Department News Team Sunday, November 28, 2021 12:00 am http://fintech.managersofwealth.com/article/67290/itamprsquos-time-to-get-rid-of-the-it-department It made sense in a bygone era, when technology was separate from the business. Now it just hurts both. Comment & Analysis 2022 tech trends for private wealth firms News Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67268/2022-tech-trends-for-private-wealth-firms This technology is also being used to ease the burden of new regulation around advice fee consent and design & distribution obligations (DDO). Comment & Analysis How Credit Suisse gets over 100,000 digital customers News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67280/how-credit-suisse-gets-over-100000-digital-customers The meanwhile more than 100,000 CSX customers make an average of around one transaction per day. Comment & Analysis Who will bear the cost of cybercrimes? Banks soon to issue rules News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67297/who-will-bear-the-cost-of-cybercrimes-banks-soon-to-issue-rules It would be similar to the guidelines issued by the Monetary Authority of Singapore in 2020 Cyber Security Jersey’s public and private sectors work together to combat cyber risk News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67278/jerseyamprsquos-public-and-private-sectors-work-together-to-combat-cyber-risk This will help local organisations to prepare for a cyber incident, and enable them to test their cyber incident response capabilities effectively. Cyber Security Hackers Target Phones of Small Crypto Investors News Aggregation Team Monday, November 22, 2021 12:00 am http://fintech.managersofwealth.com/article/67177/hackers-target-phones-of-small-crypto-investors As that goes on, law enforcement is trying to foster team-ups to address the wider pool of potential victims. Cyber Security IRS Criminal Investigation releases annual report highlighting 2,500+ investigations, law enforcement partnerships News Team Monday, November 22, 2021 12:00 am http://fintech.managersofwealth.com/article/67186/irs-criminal-investigation-releases-annual-report-highlighting-2500-investigations-law-enforcement-partnerships Enforcement actions focused on tax and COVID-related fraud, money laundering, cybercrimes Cyber Security One Of The World's Largest Investment Management Firms Signs Major Contract With Darktrace News Team Monday, November 22, 2021 12:00 am http://fintech.managersofwealth.com/article/67187/one-of-the-worldamp039s-largest-investment-management-firms-signs-major-contract-with-darktrace This latest customer win follows hot on the heels of a multi-million-dollar upsell with another major US investment management company. Cyber Security Ex-Japan PM Abe calls for Tokyo's cooperation with AUKUS in AI, cyber News Aggregation Team Friday, November 19, 2021 12:00 am http://fintech.managersofwealth.com/article/67162/ex-japan-pm-abe-calls-for-tokyoamp039s-cooperation-with-aukus-in-ai-cyber Quad leaders in September held their first in-person summit, which presented a united front amid shared concerns about China. Cyber Security Banks ordered to promptly flag cybersecurity incidents under new rule News Aggregation Team Friday, November 19, 2021 12:00 am http://fintech.managersofwealth.com/article/67169/banks-ordered-to-promptly-flag-cybersecurity-incidents-under-new-rule Banks also must notify customers as soon as possible of a cybersecurity incident if it results in problems lasting more than four hours. Cyber Security China proposes further clarifications to its data security and management regime: businesses to take note News Team Tuesday, November 16, 2021 12:00 am http://fintech.managersofwealth.com/article/67099/china-proposes-further-clarifications-to-its-data-security-and-management-regime-businesses-to-take-note Public consultation and, for large platforms, regulatory approvals, are required to implement certain rules and policies, which could significantly slow the ability of platforms to adjust data practices to new competitive and regulatory developments. Cyber Security Home Affairs launches new principles for critical technology supply chain security News Aggregation Team Monday, November 15, 2021 12:00 am http://fintech.managersofwealth.com/article/67074/home-affairs-launches-new-principles-for-critical-technology-supply-chain-security The federal government's Critical Technology Supply Chain Principles are designed to sit alongside laws that are currently under consideration in Parliament. Cyber Security Cyber Security Breaches Are Greatest Staff-Related Risk News Team Friday, November 12, 2021 12:00 am http://fintech.managersofwealth.com/article/67056/cyber-security-breaches-are-greatest-staff-related-risk Employers surveyed also revealed that over three-quarters of businesses had "significantly" or "moderately" changed their employment policies as a result of the impact of Covid-19. Cyber Security Alternative Investment Predictions for 2022 News Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67327/alternative-investment-predictions-for-2022 Of those surveyed, 80% were located in the US and Europe, with family offices representing the largest category (32%), followed by fund of funds at 21% and investment consultants at 19%. Research Changing Fund Administrators Can Be Painless News Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67329/changing-fund-administrators-can-be-painless There are several areas of concern where technology can be especially helpful. For instance, conversion of historical data into new formats. Research Investment in UK impact technology firms jumped to £2bn in the past year News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67299/investment-in-uk-impact-technology-firms-jumped-to-amppound2bn-in-the-past-year Climate tech firms led the hike in investment, with green energy provider Octopus Energy raising the biggest round of the past year Research Buy Now, Pay Later is a big deal for Black Friday and Cyber Monday News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67263/buy-now-pay-later-is-a-big-deal-for-black-friday-and-cyber-monday Find out why BNPL will play a huge role in the annual shopping event and what banks can learn from retailers Research Billionaires Own 4% Of All Cryptocurrency Through Discrete Family Offices News Aggregation Team Thursday, November 18, 2021 12:00 am http://fintech.managersofwealth.com/article/67144/billionaires-own-4-of-all-cryptocurrency-through-discrete-family-offices According to CoinMarketCap, $1.9 trillion has been invested in cryptocurrency as of August this year. Research Schroder UK Public Private trust makes third PE investment News Team Thursday, November 18, 2021 12:00 am http://fintech.managersofwealth.com/article/67146/schroder-uk-public-private-trust-makes-third-pe-investment Schroder BSC Social Impact raises £10.8m Research Human error undermines benefits of cloud adoption, finds research from Veritas News Team Wednesday, November 17, 2021 12:00 am http://fintech.managersofwealth.com/article/67122/human-error-undermines-benefits-of-cloud-adoption-finds-research-from-veritas 72% of office workers in the UAE have accidentally deleted shared data such as Word documents, presentations, or spreadsheets Research SS&C Intralinks Report Reveals M&A Dealmakers Forecast Increased Activity in 2022 News Team Tuesday, November 16, 2021 12:00 am http://fintech.managersofwealth.com/article/67089/ssampampc-intralinks-report-reveals-mampampa-dealmakers-forecast-increased-activity-in-2022 A survey of 300 global M&A dealmakers shows positive sentiment, insights on COVID-19’s impact on the future deal environment Research Big banks are raising cyber defences News Aggregation Team Tuesday, November 16, 2021 12:00 am http://fintech.managersofwealth.com/article/67108/big-banks-are-raising-cyber-defences A Moody’s survey finds global banks are increasing their cybersecurity investment Research IT Spending in EMEA to Grow 4.7% in 2022 News Team Monday, November 15, 2021 12:00 am http://fintech.managersofwealth.com/article/67076/it-spending-in-emea-to-grow-47-in-2022 Analysts Discuss EMEA IT Spending Outlook at Gartner IT Symposium/Xpo 2021 EMEA, November 8-11 Research Beijing Mulls Digital Asset Exchange News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67331/beijing-mulls-digital-asset-exchange Earlier this month, the Beijing Stock Exchange – a bourse that focuses on small to medium-sized enterprises in mainland China – made its market debut with the trading of more than 80 listed firms. Innovation & Startups 16 more fintech firms enter Saudi market in Q3 of 2021 News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67332/16-more-fintech-firms-enter-saudi-market-in-q3-of-2021 Saudi Arabia witnessed a 37% rise in the number of fintech firms entering the market and also recorded an increase in venture capital investments that exceeded $181mln Innovation & Startups The Bank of London Launches Today as the World's First Purpose-built Global Clearing, Agency & Transaction Bank News Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67335/the-bank-of-london-launches-today-as-the-worldamp039s-first-purpose-built-global-clearing-agency-ampamp-transaction-bank The First Pre-revenue Bank in History to Attain a $1.1bn Valuation Innovation & Startups SimCorp’s sustainability-related solutions, developed in partnership with leading asset manager, resonates in market News Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67337/simcorpamprsquos-sustainability-related-solutions-developed-in-partnership-with-leading-asset-manager-resonates-in-market The partnership with Danske Bank Asset Management together with the input of the broader SimCorp client community, enabled standard SFDR and EU taxonomy solutions with future-proof infrastructure. Innovation & Startups The launch of Fintech tour activities in the participation of SAMA, CMA and MCIT News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67292/the-launch-of-fintech-tour-activities-in-the-participation-of-sama-cma-and-mcit In the welcome address, Fahad Almubarak expressed the importance of collaboration between entities and the need for a concerted effort to develop the fintech industry in Saudi Innovation & Startups The rise of the Central Bank Digital Currency (CBDC) and what it means for Singaporeans News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67296/the-rise-of-the-central-bank-digital-currency-cbdc-and-what-it-means-for-singaporeans Central Bank-Digital Currency explained Innovation & Startups Thought Machine now a cloud banking unicorn thanks to JP Morgan, Standard Chartered and ING News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67298/thought-machine-now-a-cloud-banking-unicorn-thanks-to-jp-morgan-standard-chartered-and-ing The $200m raise puts Thought Machine’s price tag well over the $1bn mark. Innovation & Startups Westpac rolls out new banking app News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67300/westpac-rolls-out-new-banking-app Westpac is bringing its new and improved mobile app to Android customers, as the pandemic continues to accelerate the uptake of digital banking services. Innovation & Startups Digital Banking Start-up DNBC Weighs on Safety of Every Transaction News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67301/digital-banking-start-up-dnbc-weighs-on-safety-of-every-transaction Global access to data may raise concerns about how to respond to privacy breach and anti-cybercrime. Data security presents challenges in terms of stability with respect to many kinds of industry. Financial regulations should be focused on stability, inte Innovation & Startups Investment holdings data Included in SGFinDex News Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67305/investment-holdings-data-included-in-sgfindex SGFinDex was designed with data protection and privacy controls in place for personal information. Innovation & Startups Africa Data Centres Announces 2 Further Facilities in Nairobi News Aggregation Team Tuesday, November 30, 2021 12:00 am http://fintech.managersofwealth.com/article/67326/africa-data-centres-announces-2-further-facilities-in-nairobi The announcement follows hot on the heels of the company’s announcement that it is embarking on the greatest-ever data centre expansion plan the continent has ever seen. Trading Platforms Secure Trust Bank agrees techonology platform deal News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67273/secure-trust-bank-agrees-techonology-platform-deal "We have no doubt that this market will continue to grow rapidly, and that STB is very well-placed to capitalise on the opportunity." Trading Platforms Spanish broker Ninety Nine implements instant payments with TrueLayer News Aggregation Team Friday, November 26, 2021 12:00 am http://fintech.managersofwealth.com/article/67269/spanish-broker-ninety-nine-implements-instant-payments-with-truelayer With rising investor interest and a growing customer base, Ninety Nine recognised that existing payment methods such as cards were slow, costly to the business, and did not match the overall user experience of its app. Trading Platforms MAS and BSP Pursuing Cross-border Payment Linkages News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67252/mas-and-bsp-pursuing-cross-border-payment-linkages The CA will facilitate the linkage of both countries’ real-time and QR payment systems, to provide instant, seamless and low-cost cross-border payments. Trading Platforms Temenos opens fintech marketplace News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67261/temenos-opens-fintech-marketplace Over the next few years, Temenos expects the number of fintechs on Temenos Exchange to increase from around 50 today to more than 200 Trading Platforms EBRD and partners explore digitalisation in green trade finance News Team Thursday, November 25, 2021 12:00 am http://fintech.managersofwealth.com/article/67262/ebrd-and-partners-explore-digitalisation-in-green-trade-finance These banks also receive extensive operational, information technology, sales and marketing, and legal and compliance consultancy services, tailored to their level of digitalisation. Trading Platforms CSS names DBSI as design-build, CFM as banking technology preferred providers News Team Tuesday, November 23, 2021 12:00 am http://fintech.managersofwealth.com/article/67197/css-names-dbsi-as-design-build-cfm-as-banking-technology-preferred-providers “Financial institutions invest millions of dollars into technology yet can only use a handful of the features because the integration with their core solution doesn’t support all the capabilities." Trading Platforms KeyCorp buys fintech partner to streamline payments business News Team Tuesday, November 23, 2021 12:00 am http://fintech.managersofwealth.com/article/67199/keycorp-buys-fintech-partner-to-streamline-payments-business The $187 billion-asset Key said Monday that it had acquired XUP, a software developer that builds digital infrastructure for business-to-business payments. Key did not disclose the price it paid for XUP. Trading Platforms WSO2 Secures $90 Million in Growth Capital from Goldman Sachs Asset Management News Team Friday, November 19, 2021 12:00 am http://fintech.managersofwealth.com/article/67154/wso2-secures-90-million-in-growth-capital-from-goldman-sachs-asset-management WSO2 will use the funds to accelerate global expansion and invest in its next-generation, cloud-native solutions for securely delivering APIs, applications, and digital services Trading Platforms Saudi FinTech, InsurTech Rasan Secures $24M News Aggregation Team Thursday, November 18, 2021 12:00 am http://fintech.managersofwealth.com/article/67149/saudi-fintech-insurtech-rasan-secures-24m The investment will enable Rasan to build and scale multi-sided platforms and expand into new geographical regions. Trading Platforms Battle for hottest talent in finance threatens to increase pay News Aggregation Team Wednesday, November 24, 2021 12:00 am http://fintech.managersofwealth.com/article/67233/battle-for-hottest-talent-in-finance-threatens-to-increase-pay Banks themselves are building out crypto and blockchain divisions: Citi is hiring 100 people Hedge Fund Technology SEI’s Advisors’ Inner Circle Fund Celebrates 30 Years News Team Friday, November 05, 2021 12:00 am http://fintech.managersofwealth.com/article/66956/seiamprsquos-advisorsamprsquo-inner-circle-fund-celebrates-30-years Servicing 111 funds on behalf of 45 investment advisors, this milestone reinforces AIC’s stature as one of the fund industry’s leading and oldest turnkey platforms for ’40 Act vehicles. Hedge Fund Technology Douugh to go global through BaaS partnership with Railsbank News Aggregation Team Thursday, November 04, 2021 12:00 am http://fintech.managersofwealth.com/article/66939/douugh-to-go-global-through-baas-partnership-with-railsbank The app went live in the US in November last year through a BaaS partnership with Choice Bank. Hedge Fund Technology SeaFort Capital Chooses SS&C for New Fund Launch News Team Wednesday, November 03, 2021 12:00 am http://fintech.managersofwealth.com/article/66924/seafort-capital-chooses-ssampampc-for-new-fund-launch Canadian private equity firm SeaFort Capital will leverage SS&C’s front-to-back solution to support SeaFort Capital Fund II Hedge Fund Technology The Swiss Stock Exchange Welcomes Global Market Leader in High-Quality Isolator Systems SKAN AG News Team Thursday, October 28, 2021 1:00 am http://fintech.managersofwealth.com/article/66850/the-swiss-stock-exchange-welcomes-global-market-leader-in-high-quality-isolator-systems-skan-ag With its successful listing, SKAN AG becomes the fourth company to join SIX Swiss Exchange this year and further enlarges its peer group of companies in the life science sector. Hedge Fund Technology Profile Software sponsors the 7th International Funds Summit, in Cyprus News Team Thursday, October 28, 2021 1:00 am http://fintech.managersofwealth.com/article/66851/profile-software-sponsors-the-7th-international-funds-summit-in-cyprus Profile Software sponsors the 7th International Funds Summit, in Cyprus Hedge Fund Technology Australian Catholic Superannuation and Retirement Fund Adopts SS&C’s New Mobile App News Team Wednesday, October 27, 2021 1:00 am http://fintech.managersofwealth.com/article/66832/australian-catholic-superannuation-and-retirement-fund-adopts-ssampampcamprsquos-new-mobile-app SS&C Bluedoor’s new app gives superannuation members real-time access to their accounts Hedge Fund Technology Gordian Capital Chooses SS&C News Team Monday, October 25, 2021 1:00 am http://fintech.managersofwealth.com/article/66766/gordian-capital-chooses-ssampampc SS&C’s integrated solution powers operations in Singapore and Japan Hedge Fund Technology Exeter tech firm Distil.ai receives £400k investment from asset manager News Aggregation Team Monday, October 25, 2021 1:00 am http://fintech.managersofwealth.com/article/66790/exeter-tech-firm-distilai-receives-amppound400k-investment-from-asset-manager AIM-listed Mercia supports growth and product-development plans of firm which already has high-profile clients Hedge Fund Technology Ex-Google executive raising $1 billion middle east tech fund News Aggregation Team Friday, October 22, 2021 1:00 am http://fintech.managersofwealth.com/article/66751/ex-google-executive-raising-1-billion-middle-east-tech-fund IPOs in the region have also recently taken prominence with Adnoc Drilling coming to the market as the largest IPO on the Abu Dhabi stock market. Hedge Fund Technology Vaccination status and flexible workstyle influence consumer optimism News Aggregation Team Monday, November 29, 2021 12:00 am http://fintech.managersofwealth.com/article/67323/vaccination-status-and-flexible-workstyle-influence-consumer-optimism Overall, 61% of respondents are optimistic about the future, and only 18% are not. Covid-19 The dangers of digital payments growing popular after Covid-19 News Aggregation Team Wednesday, June 09, 2021 1:00 am http://fintech.managersofwealth.com/article/64644/the-dangers-of-digital-payments-growing-popular-after-covid-19 However, the coronavirus crisis has arguably been a key driver behind the new take-up of digital payments. Covid-19 Technology after the coronavirus pandemic News Aggregation Team Monday, April 05, 2021 1:00 am http://fintech.managersofwealth.com/article/63775/technology-after-the-coronavirus-pandemic One major concern among tech giants is the rollout of so-called digital services taxes throughout Europe Covid-19 Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being News Team Tuesday, January 26, 2021 12:00 am http://fintech.managersofwealth.com/article/62613/workplace-stress-during-covid-19-5-ways-to-support-your-employeesamprsquo-mental-well-being Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward. Covid-19 How Covid-19 changed online trading and what 2021 has in store News Aggregation Team Tuesday, December 15, 2020 12:00 am http://fintech.managersofwealth.com/article/61957/how-covid-19-changed-online-trading-and-what-2021-has-in-store We will continue to see those from diverse backgrounds becoming interested in short term speculating and long-term investing. Covid-19 The Digital Nomads Did Not Prepare for This News Aggregation Team Monday, November 09, 2020 12:00 am http://fintech.managersofwealth.com/article/61407/the-digital-nomads-did-not-prepare-for-this They moved to exotic locales to work through the pandemic in style. But now tax trouble, breakups and Covid guilt are setting in. Covid-19 Pandemic drives financial advisers to speed tech change News Aggregation Team Friday, November 06, 2020 12:00 am http://fintech.managersofwealth.com/article/61383/pandemic-drives-financial-advisers-to-speed-tech-change Digital shift could cut costs and open sector for broader range of clients Covid-19 The post COVID war has started: the leading group of digital banks against Big tech and Fintech News Aggregation Team Wednesday, October 28, 2020 12:00 am http://fintech.managersofwealth.com/article/61225/the-post-covid-war-has-started-the-leading-group-of-digital-banks-against-big-tech-and-fintech Digital sales, a dangerous unseized opportunity for banks Covid-19 M&A Opportunities in the COVID-19 Digital Transformation News Aggregation Team Sunday, October 25, 2020 1:00 am http://fintech.managersofwealth.com/article/61148/mampampa-opportunities-in-the-covid-19-digital-transformation This period of transformation provides opportunity for those investors and businesses who are able to efficiently adapt and take advantage of the new trends. Covid-19 Investors backing tech in a pandemic must balance risk and reward News Aggregation Team Friday, October 16, 2020 1:00 am http://fintech.managersofwealth.com/article/61031/investors-backing-tech-in-a-pandemic-must-balance-risk-and-reward When it comes to assessing the mood of ultra-high-net-worth families, though, this is far from the whole story. Covid-19