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
Innovation & Startups
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.
12/01/2020
DIFC FinTech Hive to showcase 17 innovative startups
Since its launch in 2017, DIFC FinTech Hive has nurtured FinTech innovation with a total of 1,400 applications received for its signature programme.