03/24/2021
Mogo enters into the Canadian wealth management industry with acquisition of Moka
“This acquisition represents another significant milestone for Mogo on our journey to building the leading digital wallet for Canadians.
Innovation & Startups
03/23/2021
From Relationships to Platforms – the Shift in Corporate Banking
In order to meet clients’ requirements for value-added services, real-time execution, and self-service, digital transformation has been elevated to an immediate-term priority for many banks.
03/23/2021
Hong Kong-based fintech Apoidea Group eyes on regional expansion with plans to double headcounts two years in a row
With technology being the firm's DNA, Apoidea plans to strengthen the team by bringing in candidates with outstanding technical capabilities, such as front/back-end engineers, DevOps engineers and data scientists.
03/23/2021
Canadian Wealth Management Falling Behind Global Digitalization Trends
Fast forward to the last year of remote-first operations and the pandemic has put a defibrillator on the heart of digital transformation in finance.
03/23/2021
EBRD to invest in Turkish fintech firm DgPays
The EBRD’s Venture Capital Investment Programme aims to support fast-growing, innovative technology companies
03/23/2021
TD Bank Group to acquire electronic fixed income trading business
Acquisition expands TD Securities' automated trading infrastructure and capabilities
03/22/2021
The best ideas win: 35 years of SS&C Technologies
Among the organizations relying on SS&C are: nine of the top ten prime brokers, 75 of the top 100 hedge funds, and all 20 of the largest asset managers.
03/22/2021
Plug and Play To Expand its Global Innovation Alliance Program to The Philippines
This initiative looks to boost the innovation and transformation efforts of both the Singaporean startup participants and participating Philippine corporates.
03/22/2021
FT Partners closes $500m Spac
It is looking for a "merger, capital stock exchange, asset acquisition, stock purchase, reorganisation or similar business combination with one or more businesses," says a statement.
03/22/2021
JTC Adopts New Solution from XRM to Streamline Digital Interaction with Jersey Regulator
The JFSC has committed to a digital transformation programme that will support the long-term success of Jersey’s world-class finance industry.
03/22/2021
How Digital Adoption Across Africa Supersedes the World
This creates the opportunity to unlock enormous economic potential, according to a new report by Boston Consulting Group (BCG) in partnership with Casablanca Finance City.
03/22/2021
Profile Software acquires leading financial software company in the Nordics
The agreement was signed in Stockholm
03/22/2021
Broadridge Expands European Fund Regulatory Reporting Capability, Launches Portfolio Transaction Cost Calculation Service
The Broadridge and Virtu offering will provide a more efficient and comprehensive solution for asset managers to disclose transaction costs as they fulfil MiFID II and PRIIPs fund reporting requirements
03/22/2021
Global demand for UK technology drives recovery in February
Firms within the sector also cited new orders from global technology companies diversifying their supply chains and investing in research and development to improve resilience following Covid-19.
03/22/2021
Standard Chartered and Bloomberg to introduce Electronic Trading Workflow for Korea Treasury Bonds
To mark this launch, the first fully electronic trade was successfully performed on Bloomberg between two major international participants in Korea Treasury Bonds - Standard Chartered and a global buy-side investor.
03/21/2021
The Recent Fintech Funding Rounds in the Middle East
Open Banking Platform Tarabut Gateway has raised $13 million, in what it claims to be the largest fintech seed round in MENA history.
03/19/2021
Embrace technology: Why AI is an opportunity and not a threat in the wealth management space
Technology does not change the primary tenet of either who is a manager, or what are they supposed to do.
03/19/2021
Global fintech Railsbank launches in Australia
Railsbank plans to develop embedded finance market opportunity in Australia
03/19/2021
US$1.2 million Innovation Fund launched to unearth emerging technologies
Fund seeks to support entrepreneurs using renewable energy to start or diversify existing businesses
03/19/2021
Digital identity for online govt services expanding with launches and new plans on four continents
Delaware launches Idemia mobile driver's licenses, Bluink's eID-Me now available across Canada