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Innovation & Startups

12/23/2020

Ghanaian fintech startup Zeepay raises $940k seed funding round

It has now raised a US$940,000 seed round from GOODsoil VC, an Africa-focused early-stage venture capital firm founded in 2017, which will enable Zeepay to continue to scale.

12/23/2020

Microfin Rural Bank targets aggressive digitisation for growth

The bank is committed to leveraging technology to promote operational efficiency and to enhance financial inclusion.

12/23/2020

10x Future Technologies looking at $100 million fund raise

More than 100 new employees have joined 10x over the past several months, predominantly in technology roles focused on product and engineering.

12/23/2020

Banks in German-Speaking Countries Turn to Technology Providers to Improve Customer Experience

ISG Provider Lens™ report finds a growing interest in contactless payments, driven in part by the COVID-19 pandemic

12/23/2020

Italian Banks Start Experiments With Digital Euro Built on Blockchain Tech

Along with other central banks, the ECB is actively working on how the digital euro might be designed and how it might function if launched.

12/23/2020

Singaporean Startup Ushers In Digital 4.0 Leveraging Data

Azendian Solutions uses machine learning to develop solutions that enhance the performance of educational institutions and real estates

12/23/2020

Fintech has Become a Growth Catalyst for Ping An’s Tech Division OneConnect, According to Company CEO Ye Wangchun

Ye noted that it’s now “widely” recognized in the industry that banking institutions should accelerate their digital transformation and Fintech adoption strategies.

12/23/2020

Robo-Advisors: The Middle Ground Between DIY Investing And Traditional Advisory Services

CEO of Fortu Wealth, which envisions private banks offering clients digital wallets designed for payments and alternative investments.

12/23/2020

FOCUS: Japan prepares for digital currency, in line with China and others

Different from credit cards and cashless payment services, digital currencies are expected to provide retailers commission-free payment systems while end-users are able to not only settle payments at stores but also quickly send money to others via their

12/22/2020

After a two-year project with Tookitaki, UOB rolls out AML solution based on AI

The tests, carried out in a real banking environment using Tookitaki’s Anti-Money Laundering Suite on sample transactions, verified that the AI processes were effective and were applied responsibly and ethically.

12/22/2020

Refinitiv builds out ESG Research Offering. MSCI ESG Research now available on Refinitiv Eikon and Workspace

MSCI ESG Ratings help institutional investors identify environmental, social and governance (ESG) risks and opportunities within their portfolio.

12/22/2020

Personalizing Advice from a Digital Distance

Surprising findings from a Broadridge investor survey show how Covid-19 is deepening the bond between financial advisors and their clients.

12/22/2020

Riyadh labeled a top fintech ecosystem to watch by 2020 report

The report highlighted some factors as to why the Saudi capital enjoys a strong fintech ecosystem and is one of the top cities to watch within the sector.

12/22/2020

Swiss fintech NetGuardians raises €15.7M to help banks fight fraud; here’s how

Increasing fraud typologies globally from 2015 to 2018 include identity theft and account takeover, cyber-attack, card not present fraud and authorised push payments scams.

12/22/2020

Global Digital Bank, FV Bank Receives Regulator Permission to Provide Digital Asset Custodial Services

FV Bank account holders will be provided cryptocurrency deposit addresses for each digital asset they wish to hold in their accounts.

12/21/2020

The fintechs that quit the UK in 2020

Plenty of fintechs have continued to expand their operations into new countries in 2020

12/21/2020

New fintech startup offers chance to jump on property ladder from $544

The entry level for investors is 2,000 dirham, all the way up to a third of the value of an individual property.

12/21/2020

Allianz chief urges stricter fintech rules after Wirecard scandal

Oliver Bäte says regulation is ‘major problem’ and similar high-profile cases are likely

12/21/2020

How are functions in the financial industry changing?

More than just uncovering how things look like today, these experts shared their profound understanding of how processes and the client experience of banking will change in the years to come.

12/21/2020

Why tech will change our economy forever

Combined with data-driven business, it is the single leading economic component and by far its fastest growing item for the foreseeable future.

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