09/15/2021
A never before opportunity to transform the world’s oldest and most relevant banking system
Real test for banks going forward, is to listen, learn and create deeper customer trust
Innovation & Startups
09/15/2021
The Future is Virtual
Alfred Wu, a partner at Norton Rose Fulbright in Hong Kong who specialises in dispute resolution, says increasingly COVID-19-related disputes are being heard, including insolvency or contract-related disputes in hard-hit industries.
09/15/2021
Yolt to shut down smart money app and focus on Yolt Technology Services
This reflects the growing demand for B2B open banking services.
09/15/2021
Northern Trust Automates Data Extraction from Alternative Asset Documentation
The solution leverages Microsoft Azure Applied AI Services to extract unstructured data from investment documents, providing investors with actionable insights
09/14/2021
Broadridge Named to IDC Fintech Rankings for Seventh Consecutive Year
Broadridge earns recognition as IDC Rising Star, moves up 3 places in ranking
09/14/2021
Revealed: The fintech startups backed by the UK government Future Fund
The British Business Bank has published a list of the 158 companies in which the Future Fund holds an equity stake. A large number are fintech firms.
09/14/2021
Grayscale Investments and iCapital Network Partner to Provide Advisors with Access to Digital Currency Investing
Partnership will meet growing investor demand for burgeoning asset class
09/14/2021
CHF 11bn Geneva wealth manager rebrands
In April, the firm appointed a new COO to lead its digital transformation.
09/14/2021
Bank of Mozambique Foresees Gradual Recovery of the Economy
At its ordinary session held on Friday in Maputo, the CPMO decided to maintain the monetary policy interest rate, MIMO rate, at 13.25 percent.
09/14/2021
Absa Wants to Introduce a Digital ID in South Africa
An SSDI system uses secure electronic “credentials” that are issued by relevant authorities – such as Home Affairs,
09/14/2021
European API availability for open banking has greatly improved
Last year it was mostly a one-way communication between third-party providers and banks, where banks’ APIs would receive the API calls but not reply to them
09/14/2021
FintechOS Launches in US to Drive Digitalization in Underserved Financial Institutions
The FintechOS ecosystem allows its European members - banks, credit unions, community banks and insurers, to go to market with digital products faster than those outside of the ecosystem
09/13/2021
Andes Wealth Technologies Named Winner in the Risk Tolerance/Client Profiling Category in the WealthManagement.com 2021 Industry Awards
In addition to winning the Risk Tolerance/Client Profiling category, Andes Wealth Technologies is also a finalist in the Portfolio Analytics category for its patent-pending deep analytics and visualizations.
09/10/2021
Société Générale to tap into open factoring
The successful implementation also allows Société Générale Factoring to take further advantage of Lendscape’s capabilities that support supply chain finance on-boarding.
09/10/2021
AppsFlyer Launches Conversion Studio
AppsFlyer Launches Conversion Studio to Enable Single Source Mapping for SKAdNetwork Post-install Measurement
09/10/2021
SIX Digital Exchange gets regulatory approval from FINMA
This milestone has now been reached with the approval of both licenses and paves the way for the next stage in the development of a future ecosystem.
09/10/2021
Moneyfarm reaches £1.6bn under management
The number of millennials investing with Moneyfarm increased by 37%.
09/09/2021
Marshmallow announces Series B funding round
InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.
09/09/2021
AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures
PolyAI builds and deploys voice assistants for automating customer services, which, claims the startup, sound like real humans.
09/09/2021
Silicon Valley Bank is getting into tech investment banking
Auerbach is joining SVB from UBS, where he was its global co-head of technology, media and telecom investment banking and a member of the Swiss bank’s global management committee.