Managers of Wealth Fintech

US Ecommerce Companies Ask Govt To Defer Payment Of Digital Tax

Digital tax mandates foreign companies to pay 2% of every digital transaction as tax.

African organisations ready to drive innovation: Standard Bank

The paper, launched digitally, was authored by Choudary and Standard Bank CIB Digital’s Jonathan Lamb and Kent Marais.

Halal angel network teams up with UK Fintech

When looking at the $5 trillion halal market, we want to make sure our business is global, which means picking a global partner. That’s why we chose Delio.

Aubrey Capital Management launches AIM Model Portfolio Service on Ascentric platform

The bespoke option will be particularly useful for advisors with larger clients who, for example, may need more specific management of CGT considerations

Open Banking Presents New Opportunities For Banks In Kenya And The Africa region

The account holder will have the ownership of the data and allow them to share with other third parties at their discretion.

Red Swan Risk teams up with Asset Control

Red Swan’s RiskON platform provides seamless aggregation of portfolio holdings data with security level risk and reference data using a unified data model.

Canoe Intelligence and SS&C team up

Canoe leverages a combination of industry expertise and advanced AI and machine learning techniques to eliminate the operational inefficiencies associated with alternative investment workflows.

Xplan integrates with FE Analytics

This includes both standard integrations that facilitate the transfer of data with third-party applications and custom integrations where Iress works with providers to develop and embed functionality within Iress software.

Dubai Startup Hub and Dtec select winners for phase one of EDP

30 Emirati entrepreneurs took part; the top 5 winners received one-on-one mentorship support

InvestSuite joins Avaloq.one ecosystem

The company provides distinct automated investment products for private banks and wealth managers.

One fifth of Middle East bank holders now use FinTech solutions

So the market is ripe for a FinTech boom, but penetration and maturity remain remarkably low.

The Peoples Community Bank uses Finastra to enhance digital offerings

The bank will also use Finastra solutions including Fusion Phoenix core and Fusion Digital Banking to provide a seamless user experience and increase efficiencies.

Paymentology eyes digital banking expansion in the Middle East

This calls for opportunities to size up quality payment processors for bringing new technology to the new and existing digital banks in the region.

TechCentral’s CxO Insights: Meet Standard Bank’s Emmerentia du Plooy

In addition, business is notorious for circumventing governance because it is inconvenient or introduces a bottleneck – and this is a problem.

CommerzVentures invests $6m into Concirrus

The deal was supported by Royal Park Partners who acted as exclusive financial advisors to Concirrus and its board of directors.

Penta raised more than 4 Mio Euro and welcomes new investors

The financing round is the second closing of the former 18,5 Mio round raised in March. Therefore, the total amount of Pentas Series B is over 23 Mio Euro

COVID-19 lockdowns driven robo-advice use?

GlobalDate Wealth Management analyst, Sergel Woldemichael said the COVID-19 pandemic had put the spotlight on all things digital.

FICO Survey: Banking Passwords Are Problematic! Filipinos Want Biometrics

72 percent of Filipinos are happy to provide their bank with a biometric

IDEMIA Ramps up Its Japanese Office and Moves It to Tokyo’s Shibuya District

The new experience center will showcase IDEMIA technologies ranging from contactless biometric readers, facial recognition technology, smart banking cards, video investigation technologies, digital payment solutions and SIM Cards, to its latest 5G demo.

The Eight Virtual Banks of Hong Kong

To advance the banking industry, in 2017 Hong Kong announced its intent to “bring Hong Kong into a New Era of Smart Banking.”

Innovation & Startups