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Battery Breakthroughs…And Other Small Business Tech News

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

Technology & Innovation Update Q4 2020

In each quarterly issue of the Appleby Asia Alert, we bring you the latest offshore legislative and regulatory updates in the technology and innovation sector.

Selectapension bought by Canadian software company

Founded in 2004, Selectapension offers software for pensions and investments planning to the financial advice profession.

QUODD Financial partners with SS&C Technologies to offer enhanced data service for retirement clients

QUODD sources data directly from the fund company or their transfer agent.

SS&C GlobeOp Hedge Fund Performance Index

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.05% in December.

Saudi NWC launches Makkah sewage plant operations

With a production capacity of 15,000 cu m per day, the new plant caters to the needs of more than 75,000 residents in the area.

Deutsche Bank gets better engineer job applicants after Google tie-up

This appears to have pushed Deutsche Bank up the list of desirable destinations for ambitious engineers.

Conversant Technology Links up with Softcat

With 1,300 employees, Softcat provides organisations with workplace, datacentre, networking, and security services.

SA’s FinTech Group Capital Appreciation To List On A2X

In recent times, the Company has also successfully diversified into the Retail, Telecoms and Healthcare sectors. Capital Appreciation has a market capitalisation of R1.5 billion.

Vestwell Partners with Envestnet to Offer Turnkey Retirement Plan Solutions to Industry Advisors

New offering leverages technology to help advisors deliver efficient 401(k) plan investment-management solutions across diverse client needs

NeoXam expands longstanding relationship with Raiffeisen Capital Management

Financial software provider NeoXam has extended its relationship with Raiffeisen Capital Management, one of Austria’s largest asset managers, for a further five years.

MAS Announces Winners of the 2020 Global FinTech Innovation Challenge

We are pleased to see this year’s winners demonstrate strong potential in helping the industry tackle these critical issues. MAS would also like to thank KPMG Digital Village and PwC Singapore for their continued support.

GLEIF Advances Digital Trust and Identity for Legal Entities Globally

By embedding new and existing LEIs in Verifiable Credentials[1], the vLEI will create a cryptographically secure chain of trust that replaces today’s manual processes required to access and confirm an entity’s LEI data.

West African startup partners with Coris Bank International Togo

The strategic partnership will enable the ride-hailing startup’s driver-partners to access performance-based financing and is a step towards large-scale, data-based financing in the informal sector.

DBS launches digital banking service for SMEs

With the unprecedented challenges facing SMEs, which account for more than 98% of Hong Kong’s businesses, DBS Hong Kong is supporting SMEs with the digital tools needed to build operational resilience.

SunTec signs Bancolombia

Bancolombia chose SunTec after an extensive evaluation for their strategic pricing program.

Four in five FinTech firms in ASEAN set on expanding despite the COVID-19 pandemic: UOB, PwC and SFA report

The optimism comes on the back of the accelerated trend in digital adoption across ASEAN amid the pandemic

SEI Declares Dividend of $0.37 per Share

The cash dividend will be payable to shareholders of record on Dec. 21, 2020, with a payment date of Jan. 7, 2021.

Hiring rapidly, U.S fintech startup Stripe plots Asia expansion

U.S. digital payments company Stripe plans to expand across Asia, including in Southeast Asia, Japan, China and India

Investcorp portfolio company ABAX acquires Automile

Transaction represents ABAX's third and largest add-on acquisition since Investcorp's investment in 2017

Innovation & Startups