Managers of Wealth Fintech

OFSI imposes monetary penalty on fintech company for breach of financial sanctions

TransferGo is a UK company which carries out payment transfers.

JPMorgan Launches In-House Bitcoin Fund for Private Bank Clients

The mega-bank has started pitching Private Bank clients on a passive bitcoin fund in partnership with NYDIG.

World Bank's IFC invests $10m in FintechOS to boost financial inclusion

IFC — a member of the World Bank Group — has invested $10 million in FintechOS, backing the European startup's low-code approach as a way to boost financial inclusion around the world.

Development of new European digital currency has begun

These digital euros will be housed in a virtual wallet with which the same transactions that are carried out with coins and banknotes can be carried out, but right now it is only a pilot project, nothing is yet in circulation.

InvestSuite’s StoryTeller solution wins “Most Engaging Digital WealthManagement Solution” in Wealth & Finance’s 2021 Fintech awards

Using a series of proprietary algorithms and narrative storytelling techniques, StoryTeller takes

DBS clinches global accolade for innovation in digital banking

The bank was also recognised as the Asia-Pacific winner, and won in the Cyber Security category for its Secure Access and Remote Working Solution.

Philippines’ securities regulator launches fintech innovation office

The SEC fosters innovation and supports new and emerging business concepts but is “cognisant of the risks that come with innovation”, he adds.

UAE’s Payit partners with Platx for WhatsApp payments in the region

Merchants who enroll for this service can simply provide their WhatsApp enabled mobile numbers to their customers

The Key to Designing Inclusive Tech

Building a brighter future for everyone with inclusive tech

FinecoBank continues to drive the next wave of integrated UK banking

FinecoBank entered the UK market three years ago with a unique offering combining brokerage, banking and investment services.

Element Ventures bags $130 million for B2B fintech fund

Element intends to invest in around 15 portfolio companies in areas including banking-as-a-service, payments, insurtech, asset management and infrastructure.

NBK Named Best Bank in “Innovation in Digital Banking” in the Middle East

The “Innovation in Digital Banking” Award recognizes the outstanding efforts made by institutions in the area of innovation and digital technology

Fast-growing BankTech Software Provider Abrigo Announces Strategic Growth Investment from Carlyle

Abrigo will use the investment to accelerate its commitment to helping financial institutions manage risk and drive growth.

Iress rejects bid by private equity firm

This information has been shared with EQT following EQT entering into a confidentiality and standstill agreement.

Digital Transformation: A Necessary Disruption

A number of banks in the economy have branches although off late banks have reduced the reliance on these branches and are attempting to replace expensive branches with inexpensive technologies.

MUFG launches second fintech VC fund

Japan's Mitsubishi UFJ Financial Group (MUFG) has set up its second venture capital fund to invest a $182 pot in fintech startups.

Data sharing masters

How smart organizations use data ecosystems to gain an unbeatable competitive edge

PROJECTS: Saudi to launch $15bln fund for tech investment

It will invest $3-4bln abroad

Apex Group provides strategic compliance advisory to Thndr

Apex Group’s Global Compliance Solutions team will provide strategic compliance advisory and cross-jurisdictional licensing to Thndr to support the mobile equities trading platform as it expands its new digital solutions.

Lloyds buys platform business for £390m

The sale presents a significant opportunity for the Embark business to continue its rapid expansion, as a wholly owned subsidiary of Lloyds Banking Group.

Innovation & Startups