07/27/2020
Emirates NBD completes customer migration to Smart Pass
Strong two-factor authentication for safer digital transactions
Innovation & Startups
07/27/2020
Davies expands captive management portfolio with third acquisition of 2020
Once re-branded, the newly purchased business will become part of Davies’s insurance services practice
07/27/2020
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
07/27/2020
The need for open platforms between banks and FinTechs
FinTech is one of the fastest-growing sectors in the UK
07/24/2020
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
07/24/2020
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.
07/24/2020
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.
07/24/2020
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.
07/24/2020
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.
07/24/2020
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
07/23/2020
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.
07/23/2020
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.
07/23/2020
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
07/23/2020
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.’
07/23/2020
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.
07/23/2020
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.
07/22/2020
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.
07/22/2020
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.
07/22/2020
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.
07/22/2020
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.