Managers of Wealth Fintech

Germany to toughen financial regulation after Wirecard scandal

BaFin, the financial regulator, is to be equipped with “sovereign powers” to intervene “directly and immediately” in public companies

The need for open platforms between banks and FinTechs

FinTech is one of the fastest-growing sectors in the UK

Morgan Stanley blocks remote network access for China interns

Bank to host programme in its offices as concern grows over Beijing’s cyber security rules

Bank of America-IBM cloud collaboration lands BNP Paribas

IBM has more than 30 partners operating as independent software vendors, adhering to the security and risk requirements for financial services, in its effort to implement the financial services cloud.

National Bank of Pakistan modernises Pool Management with Codebase Technologies

Islamic banking industry in Pakistan has witnessed an impressive growth recently with its assets reaching 12.9% of banking sector and deposits accounting for 14.8% of the total banking industry deposits.

Latin American banking giant Nubank snaps up US software company

Nubank, which is backed by Tencent, is looking to tap into the US talent market and will sponsor Cognitect’s Clojure programming language.

Apple tax ruling for Ireland shines light on global tax avoidance

The first company ever to be valued at $1 trillion had rearranged its tax affairs substantially in 2015 in response to changes in Irish tax law.

Excellence in Regtech, Product Solution: FRTB Service, DTCC

DTCC’s FRTB Service is a comprehensive “real” price observation data solution. Including over 100 million transactions in its data pool, the FRTB Service leverages DTCC’s unsurpassed data collection capabilities as the premier post

The top Microsoft partners in the Middle East & North Africa

The company is now able to improve the efficiency of incident-handling activities, which in turn unburdens SecOps from IT tasks and saves time and resources for incident handlers while focusing on security.

Singapore’s Percipient, an AI enhanced Digital Banking Tech Firm, Secures $5 Million in Capital from Silicon Valley’s Stat Zero

A bank based in the United Arab Emirates (UAE) will reportedly be the first to test out the TWINNTM software, which should be ready for a production environment by October 2020.

MX Launches Data Connectivity API To Power Modern Banking Experiences

Path by MX improves data access and connectivity for financial institutions and fintechs by connecting core systems with consumer finance providers and enterprise tools like Dell Boomi, MuleSoft, and Salesforce

UBP partners with AI firm and launches fund

This is why UBP has signed an exclusive partnership with QuantCube; its unique mix of fintech, data science and investment experience will allow us to develop innovative solutions for investors.’

Nigerian banks want fintech collaborations, but for specific and unique needs

Fintechs are taking up the role of financial intermediation, even as banks fortify their technology architecture.

Standard Chartered to Pilot Crypto Custody Solution

Complementing its custodial initiative, SC Ventures participated in an oversubscribed $17 million Series A funding round for Metaco, which runs an institutional operating system for digital assets.

Rising Stars: Thailand law firms

Asia Business Law Journal’s inaugural Rising Stars series turns to Thailand’s legal market to shine a light on the challenger firms that are carving out a name for themselves.

5th UK-Singapore Financial Dialogue discusses financial markets developments and future areas for bilateral cooperation

The Dialogue enabled a useful exchange of views and of stronger financial and economic cooperation between the two countries in a number of key areas.

Class completes Xplan integration

The feed would include all investments held within Class, including unlisted assets, which would allow customers maintain a consistent portfolio position and would reduce double-data entry.

Tanzania: Digital Technology Vital in Bolstering Banking Sector

This investment in digital technology is one of the factors that made the bank to excel in scooping the international award in the 8th consecutive time by the London based Euromoney.

IBM and Bank of America Advance IBM Cloud for Financial Services, BNP Paribas Joins as Anchor Client in Europe

IBM continues investment in security with new capabilities; Launches IBM Research Cloud Innovation Lab

HUB24 wins out over Netwealth: Ord Minnett

Ord Minnett has held HUB24 on a buy while moving Netwealth to a sell (previously hold).

Innovation & Startups