Managers of Wealth Fintech

FSB: Outsourcing Banking Technology Could Pose 'Systemic Risk'

The financial board noted that FIs have been outsourcing certain work to third parties for decades.

Win or lose? Winning banks break through the Big Tech Nash equilibrium.

Silicon Valley investor Marc Andreessen phrased it like this “Software is eating the world”, and now AI is eating software.

Channel Islands financial software firms merge

Fusion Acusoft offers software solutions to a broad range of financial services organisations encompassing trust and company administration, fund administration and pension administration.

How Technology is Reshaping Wine Industry

Wine is a US$300 billion industry, and only a few startups have been making big waves in this niche.

Put your business strategy first and the technology will follow

Asking what technology strategy is right for your business is the wrong question. It’s the business strategy that matters

Improved battery technology vital to renewables market

The majority of national grids are designed in a way that requires a consistent and equal balance between electricity supply and demand to function properly.

Pandemic is accelerating asset managers' use of social media: research

The firm's research shows that managers plan to bolster their digital presence in the coming 12 to 24 months.

Carey Olsen advises Kape Technologies on cash box placing to raise US$115 million

The funds will allow Kape to consolidate previous acquisitions in the digital privacy market and enable it to exploit other potential acquisition opportunities which may arise as a result of current market conditions.

HSBC and Young Money develop financial education portal

The Money Heroes online hub includes family-friendly games to play at home, a parent guide and teach audit tool and a regular podcast featuring experts in financial education, parenting and wellbeing

FSB highlights risks arising from bank outsourcing and third party relationships

The concentration of risk arising from reliance on a small number of key technology partners is another bugbear.

Britain’s fintech industry braces for a no-deal Brexit as transition deadline looms

Fintech industry body Innovate Finance said a no-deal Brexit could affect the U.K.’s standing “as a leading financial services hub.”

Fintech and financial inclusion

The core of Fintech is about using new technology-based solutions for financial services.

CISI offers new e-learning course on vulnerable customers

This e-learning assessment will help identify vulnerable customers and explain the necessary practices and guidance which are necessary for finance professionals to demonstrate their duty of care.

Switzerland launches Green Fintech Network

Members will identify areas in which the conditions for green fintech in Switzerland could be improved, offering concrete proposals to both the government and the private sector.

Unqork and TransferWise join Finxact Marketplace’s to modernize banking technology

Finxact Marketplace aims to keep banks up to date with the latest tech, including cloud technology

Shawbrook extends partnership with Quinnox

“Quinnox are a key scale partner as we look to deliver enhanced cloud services for our clients in the UK as well as driving operational effectiveness across the bank.”

South Africa’s digital economy can unlock 66 000 jobs in 2021

The study points out that as SA’s economy continues to take a knock, digital services can help fuel economic recovery and growth through digital and ICT skills training particularly focused on South African youth.

Africa Fintech Summit 2020 and APO Group Announce Partnership to Drive Opportunities in Africa Tech

The partnership is intended to catapult the growth of Africa’s tech ecosystem, one that received over US$2B in VC funding in 2019, to a global audience

Digital banking is yet to throw up clear winners, and that means opportunity

Pure banks may have an edge, but tech giants will not shy away from an entry

Biometrics present banks with opportunity amid need for better identity verification integration

BioCatch provides examples of behavioral biometrics value, iiDENTIFii wins bank customer

Innovation & Startups