Managers of Wealth Fintech

Fintech firms want to keep their golden shares. London may be forced to agree

Watering-down stock market rules might sound outrageous, but the success of these companies matters to the market

Lloyds Bank to step up fintech partnerships

The proportion of products originated via digital channels also increased significantly in 2020, up 10 percentage points to 85%.

Deutsche Börse seals 81% majority takeover of ISS

Together, both partners will support market participants in making well-informed investment decisions with a particular view on sustainability criteria.

DFI and Canonical offer risk-free system updates and reduced software lead times for the IoT ecosystem

The online update mechanism and the authorized DFI application store reduce development time to deploy new services.

Finablr owners set for merger with Bahrain payments firm

The deal will be subject to regulatory approval in India, Bahrain and Kuwait.

PayThink Open banking's not just for Europe anymore

This can involve the use of artificial intelligence (AI) or machine learning, for example.

Taking The On-Ramp To Financial Modernization

Many of the tools now being used to accelerate modernization initiatives were already available, though perhaps not widely adopted.

Cognizant steps up its hiring process; expects to bring in more new hires in Q1 2021 than ever before

There are reports that the company has set up a USD 30-million “retention fund” to hold back top performers and digitally-skilled employees.

Fronted becomes second fintech to launch on Yobota’s core banking platform

Fronted is aiming to help renters afford deposits when signing new tenancy agreements, with many UK adults lacking savings to front-up potentially thousands of pounds when moving rental property.

South African bank challenger Tyme to launch in Asia

Lender launched by billionaire Patrice Motsepe will set up in the Philippines as part of deal

European banks seek technical partners to help build rival to Visa and Mastercard

The European Payments Initiative, a bank-backed joint venture that aims to build a rival to Mastercard and Visa, has put out a Request for Information for 'qualified technical partners' to help build its central infrastructure.

Standard Bank Group establishes Africa’s first Hedera network node

Standard Bank Group has been a pioneer in leveraging blockchain and distributed ledger technologies to bring speed and transparency to its large and growing customer base across Africa.

PE considers a trip back to Bravura

The group makes most of its income implementing its market-leading Sonata wealth management software, which is deeply integrated into clients’ IT systems.

UK fintechs seek ‘cure for Brexit’ in Lithuania

Some two dozen have links to Britain.

$9bn by 2024

Yousuf Mohamed Al Jaida, Chief Executive Officer, Qatar Financial Centre, said: “The outbreak of the COVID-19 pandemic created new opportunities for financial innovation, which has attracted an influx of tech and FinTech companies seeking to set up

Access Bank Commences Accelerator Program, to Empower Startups

The accelerator program which opened its entries last month, received 306 registrations and after rigorous assessments was later shortlisted to 30 participants.

Saudi-based fintech Tweeq signs partnership deals with Mastercard and Paymentology

The partnership with Mastercard and Paymentology are in line with Vision 2030 which aims to develop the FinTech environment and provide financial inclusion for all sections of society.

EBA calls on national authorities to take supervisory actions for the removal of obstacles to account access under the Payment Services Directive

The Opinion sets out the EBA’s expectations on the actions NCAs should take to ensure that remaining obstacles are removed from the interfaces of account servicing payment service providers (ASPSPs).

SMEs can now use facial recognition to apply for DBS online banking accounts

Customers will be able to access their corporate account online in about 20 minutes from the point of application, said DBS.

Putting customers at the heart of digital change

Mashreq Bank may be the oldest privately owned bank in the UAE, but it has always been a leader in the pioneering use of technology to improve the customer experience

Innovation & Startups