Managers of Wealth Fintech

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

Investment Firms Prudential Regime (“IFPR”) UK implementation – will you be ready ?

Firms should consider how prudential consolidation will apply and the way in which to meet any new requirements.

Spain: Digital services tax enacted

The DST is an indirect tax that will apply to the provision of certain digital services to users located in Spain.

Delta Financial Systems acquired by Bravura Solutions

Delta Financial Systems has joined large global group which specialises in products for financial institutions

40 Innovative Solutions Shortlisted for MAS FinTech Awards

The theme for this year’s Awards is “Building Resilience, Seizing Opportunities, Emerging Stronger”.

Record £7.1BN Flows into Responsible Investment Funds in 2020 So Far

Gross retail sales through Other UK Intermediaries including IFAs were £6.8 billion, representing a market share of 29%.

Spanish banks lead development of blockchain-based digital ID model

The project is based on the Alastria digital identity model, which uses Ethereum and Quorum blockcain infrastructure to handle the transfer of user IDs between the participating organisations.

Innovation & Startups