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Innovation & Startups

12/04/2020

More tech companies likely to list in Hong Kong in next decade, Alibaba’s Joe Tsai says

“Think about that huge capital base coming to Asia, and a lot of that is focused on Hong Kong, because Hong Kong already has a critical mass of high-quality technology companies listed here. Hong Kong is the place to be, because global capital is al

12/04/2020

J.P. Morgan Asset Management agrees to acquire 55ip

Acquisition signifies accelerating investment in and development of advanced technology for financial advisors

12/04/2020

Bank of Queensland picks Fiserv for card issuing

The solution will initially be utilised by Virgin Money to support a new debit card program that will form part of the Bank’s comprehensive new digital offering.

12/04/2020

Where JPMorgan Chase and Snap See Innovation’s Next Steps

Further fleshing out its scale, JPMorgan Chase has relationships with 50% of US households

12/03/2020

Reimagining human connections: Technology and innovation in education at the World Bank

The World Bank supports the appropriate, cost-effective use of EdTech at all levels of education and supports countries in expanding access and improving quality, both inside and out of the classroom — so that education reaches all students.

12/03/2020

Finland's ReceiptHero snags €2 million in seed funding

Finland-based digital receipt startup ReceiptHero has raised €2 million in seed funding from local VC Lifeline Ventures, with participation from Superhero Capital and Sweden's Vidici Ventures.

12/03/2020

Broker launches online platform for specialist mortgages

According to Haysto, more than half of its customers have been turned down for a mortgage elsewhere.

12/03/2020

Kedaara Capital Chooses SS&C for Fund Administration

SS&C enters India market with private capital fund accounting services

12/02/2020

Saudi central bank governor expects more competition, growth in fintech

SAMA issued several regulations and systems related to fintech, as part of its efforts to promote the sector

12/02/2020

HSBC reaps environmental benefits of pandemic switch to remote advice

Since then, it has trained 640 advisors and relationship managers on remote interviews, carried out almost 11,000 Zoom appointments, and saved almost 900,000 sheets of paper.

12/02/2020

Digitisation wave set to continue in UAE banking

UAE banking sector is now witnessing a strong consumer preference for digital options

12/02/2020

DIFC Fintech Hive Signs Landmark Agreement with Israel’s Fintech-Aviv

Both parties will work together on events, knowledge sharing, talent development and facilitating mutual introductions and referrals for firms keen to expand in each respective jurisdictions.

12/02/2020

What PNC has in mind for BBVA's technology

It’s normal for an acquirer to fold a seller’s technology into its infrastructure, said Sam Kilmer, senior director at Cornerstone Advisors.

12/02/2020

Avaloq launches the Avaloq Data Synthesizer

The new solution derives information from real data, but it is free of any client-identifying data.

12/02/2020

FNB customers can now own shares in Berkshire Hathaway, Goldman Sachs, JP Morgan, PayPal and Visa

Mkhize said that, while investment levels in the first 10 global companies have been good across the board, the clear winners in terms of popularity among South African investors have been Tesla, Amazon and Microsoft (in that order).

12/02/2020

F10 accelerator partners with PwC Singapore for fintech accreditation program

F10 is looking to support fintech, regtech, and insurtech startups for three months through a set of workshops.

12/02/2020

Financial services brands foster a community spirit to drive innovation (By Nikolai Stankau)

Open source enables organizations to innovate faster and offers a level of flexibility and agility that would have been difficult to achieve if they were solely reliant on proprietary software

12/02/2020

Apra takes action against Westpac over breaches of liquidity standards

As a result, APRA will now require comprehensive reviews by independent third parties of Westpac’s compliance with APRA’s liquidity reporting requirements and the remediation of its control framework for liquidity risk management.

12/02/2020

Less than One-Third of Wealth Managers in North America are Scaling AI Across Their Businesses, Accenture Report Finds

Most believe AI will transform their industry but are underestimating the long-term value it can create by helping to reimagine the client experience

12/02/2020

Defined Contribution Plan Advisors Get Investment Expertise and Operational Efficiency as Wilmington Trust and Neuberger Berman Partner on Collective Investment Trusts

Through this alliance, plan advisors may also benefit from greater operational efficiencies so they can more effectively work across their entire book of business.

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