03/20/2018
RBS works up plans for standalone digital bank
How RBS might brand and position any digital bank is unclear.
Innovation & Startups
03/20/2018
Temenos reinforces presence in Belgium through partnership with Mainsys
Regulations, changing customer behaviors and the arrival of new fintech competitors are forcing banks to reinvent their business models.
03/20/2018
BNP Paribas leads $30 million round in AI firm Digital Reasoning
Founded in 2000, the firm moved into financial market in 2012, with clients including UBS and Point72 Asset Management, who use the company's Synthesys technology to scan internal e-mails in search of unfamiliar patterns between employees.
03/16/2018
Japan's megabanks all-in on automation to save labor, cut costs
MUFG's Bank of Tokyo-Mitsubishi UFJ introduced RPA systems starting in 2014.
03/15/2018
Open banking eases regulatory hurdles in fintech
As a small startup, we need to follow strict regulations. But established banks have resources that we can leverage on.
03/15/2018
ALM Intelligence Identifies Best Innovation Strategy Consultants
The most immediate repercussion is a ratcheting up of clients' prioritization of speed to measurable outcomes.
03/14/2018
Dublin-based insurance software company FRS opens in Hong Kong
"This marks a exciting time for the company as we expand further to service our clients in Asia’s thriving life insurance market”.
03/14/2018
The future of innovation is fintech – and long let the City’s dominance continue
Next week’s Innovate Finance Global Summit (IFGS), now in its fourth year, is a focal point for innovators to discuss the opportunities, challenges, and most importantly the new ideas for the fintech sector.
03/13/2018
MetLife invites insurtech startups to compete for $100,000 contract
The move follows two collab programmes in Singapore (2016) and Japan (2017), which attracted 250 applications from insurtechs in more than 35 different countries.
03/13/2018
Swarm launches first major update to Swarm Asset Management Network Alpha
Swarm, a blockchain for private equity and hedge fund investments, has launched the first major update to the Swarm Asset Management Network Alpha.
03/12/2018
Digital Disruptor Opens New Money Transfer Service To China
The expansion follows Azimo’s recent launch of fast weekend transfers to a number of countries including Nigeria, the Philippines, Bangladesh and Colombia, allowing money transfers to reach recipients in less than an hour even at weekends.
03/11/2018
Funding Circle Picks Goldman Sachs, Morgan Stanley for IPO
U.K. online lender’s share sale may spur IPOs from rivals
03/09/2018
SS&C shortlisted in four categories at Technology Innovation Awards 2018
These awards celebrate and recognize financial services professionals, technology vendors, service providers and regulators that have demonstrated operational excellence over the past year.
03/08/2018
Ignacio Galán opens 'Iberdrola Innovation Middle East', a technology hub in Qatar
Located at Qatar Science & Technology Park in Doha
03/07/2018
Finastra and Microsoft form strategic alliance to shape future of financial services software
Finastra has already moved its US payments line to Azure, and more business lines will follow over the next 12 months.
03/07/2018
Securities America Adds Two Groups and a Super OSJ to Its Platform
OPOC.us serves corporate- and association-sponsored retirement plans and retirement plan-focused advisors.
03/06/2018
A fintech that puts family-first policy into action
While other companies might have shied away from having someone in such an important position working off-site, Jacobsen said it was a no-brainer for Promontory.
03/05/2018
GFH-Bahrain FinTech Bay partnership launched
GFH will work closely with BFB to improve the acceleration of FinTech development in the Middle East along-side other top-tier regional and global financial institutions and technology industry leaders.
03/02/2018
Sound Practices: implications of fintech developments for banks and bank supervisors - BIS
Various future potential scenarios are considered, with their specific risks and opportunities.
02/27/2018
Nomura Launches Joint Research on Quantum Computing
Nomura will continue to investigate new technologies, and hire experienced people to implement them.