08/08/2019
Sweden's Klarna becomes biggest fintech firm in Europe
‘Shop now, pay later’ payments operator valued at $5.5bn after fresh round of investor funding
Innovation & Startups
08/08/2019
How does MiFID II and FinTech work?
It did achieve some of those aims – BATS Trading now runs a quarter of equities investments in some European markets and high frequency trading is now standard – but it also left a bit to be desired.
08/07/2019
London is now home to the world’s first A.I bar that serves drinks using facial recognition
With the help of a facial recognition system developed by DataSparQ that puts customers in an ‘intelligently virtual’ queue, customers can now get their order served to them based on when they arrived versus how loud they can shout.
08/07/2019
Northern Trust launches new investment performance reporting tool
The introduction of persona-based set up enables speed of implementation while delivering the most relevant information to each user.
08/07/2019
MAS Launches Sandbox Express for Faster Market Testing of Innovative Financial Services
Eligible applicants can begin market testing in the pre-defined environment of Sandbox Express within 21 days of applying to MAS instead of taking a longer time to customise their sandboxes under the existing FinTech Regulatory Sandbox.
08/06/2019
Regtech start-up doubles staff, opens London and New York offices
The group, founded in 2014, said it was expanding into “two top financial services markets, London and New York, to service the growing demand for modern compliance solutions”.
08/06/2019
Banking in 2030
The banking industry of 2030 will look radically different from what it is today with more competition, efficiency and innovation according to a new report.
08/06/2019
Stratifyd receives $10 million in growth capital funding from CIBC
CIBC Innovation Banking is excited to work with the Stratifyd team,” said Amy Olah, Executive Director, CIBC Innovation Banking.
08/05/2019
KKR to acquire majority stake in German fintech heidelpay from AnaCap
KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.
08/05/2019
FinTech disruption of financial services real, says FITC CEO
She said FinTech would help in cross-boarder payment and help bring in more funds from the Diaspora into the economy.
08/05/2019
moneycorp acquires the Rochford Group in Australia
Rochford’s specialist treasury services offer bespoke solutions to clients, allowing them to manage the impact of treasury risks on cash, profitability and their balance sheets.
08/01/2019
Saudi Arabia's new robo-advisory services set to attract millennial, women investors
The kingdom's drive to lead and innovate in the fintech space can potentially attract new segments of investors
08/01/2019
Capital One Hack Hits the Reputation of a Tech-Savvy Bank
The lender is known for diving into new technology ahead of its peers. But that could become a liability.
07/31/2019
Microsoft and Publicis Sapient build digital trade finance bank in six months
Trade finance, unlike consumer banking, has not been reimagined in the context of a digital world.
07/31/2019
Iress announces changes to Xplan
The upgrades include organising menus and screens so users can find what they need more quickly and efficiently.
07/31/2019
Fintech and bank partnerships can grow SMEs
“While some SMEs are hesitant to make the shift towards digital, the reality is that they no longer have a choice.
07/31/2019
The Fintech Revolution: Who Are The New Competitors In Banking?
The massive use of mobile phones has allowed great successes, such as that of M-Pesa in Kenya and ten other African countries, which over the past decade has enabled more than 30 million users to transfer money, take out loans and make deposits using mobi
07/31/2019
Singapore AI start-up Taiger targets Dubai for growth
Artificial intelligence start-up announces opening of new office in Dubai following $25m Series B funding
07/31/2019
IRESS as preferred provider for core advisory software
IRESS is a technology company providing software and services to the financial services sector across investment management, financial advice and trading and market data.
07/30/2019
Fintech gains grounds in UAE
Fintech has surged as the most successful sector as it eases the movement of finances seamless, without boundaries making payment gateways very crucial, with data and security being at the core.