Managers of Wealth Fintech

India sees spike in AI driven ransomware attacks

The findings come at a pivotal time for India’s rapidly digitising economy, where generative AI is transforming operations and productivity.

Nasdaq Verafin unveils agentic AI AML workers

Nasdaq's anti-financial crime unit Verafin has launched a suite of agentic AI digital workers built to help banks with anti-money laundering compliance by automating low-value, high-volume processes.

Research Reveals More Than 75% of UK Wealth Managers Planning Acquisitions

As M&A Activity Grows, Nearly 20% of Consolidators Pause Initiatives Due to Integration Issues

66% of Zillennials Use Their Phones as Bank Branch

Despite their digital proclivities, zillennials are 23% more likely than the average consumer to primarily bank at national banks.

Capgemini: Banks Face Loyalty Crisis Over Card Services

The research found that 88% of industry executives globally consider an expanding reward ecosystem

Paytech start-up Mimo raises $8.5m equity investment, inks embedded funding partnership with Froda

This planned product development will include an invoice capture and bookkeeping automation tool called Fetch

Barclays’ £7.5 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

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.

LSEG releases research and insights app

This app provides a seamless, efficient way to access LSEG’s extensive range of research and insights

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.

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.

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’.

Family guys focus on the Fed, tech and succession plans

Family offices are becoming increasingly professionalised and global.

Visa reveals SME megatrends in the UAE

Visa recognizes the pivotal role of SMEs in driving economic growth

Digital infrastructure top challenge to real world asset tokenisation

Cybersecurity, decentralised finance and digital identity were also recognised as critical elements

May crypto investments hit $1B driven by Notcoin launch — KuCoin

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

How AI Can Help Asset Managers Do Their Jobs

Digging up data, boosting productivity, divining client needs—these are among the benefits artificial intelligence can bring, per a BCG report.

Investing in Fintech: How Technology is Reshaping the Financial Services Landscape

Recent quarters have seen a slowing in the rate of deals being done but fintech innovation remains a very powerful economic driver across the global economy.

Time to ditch your wallet for good. Are you in?

Bank of Valletta has rolled out an extensive digital wallet service

Fintech pro launches green banking startup

While keeping its original brand, this startup will extend offerings like environmentally-sustainable checking, savings, and investment accounts.