Managers of Wealth Fintech

World Bank arm pumps Sh600m into tech firms

“IFC is considering an equity investment of up to $6 million (Sh600 million) in TIDE Africa Fund,” the international financier said in disclosures.

Facial recognition for e-KYC nears debut

After the launch of passbook accounts opened through mobile banking apps, banks are expected to offer both physical and digital passbooks to customers initially, Ms Siritida said.

Global Financial Innovation Network Update

The launch of GFIN follows a successful year for the “sandbox” initiative that the Financial Conduct Authority in the UK brought to market around a year ago.

SEI adds USD1.1bn in new OCIO assets in Q4 2018

SEI's non-profit OCIO business now consists of 185 clients and over USD25 billion in assets under management.

Suncorp CEO demands proof from Oracle that frozen core banking system actually works

“Not a great situation.”

Local Funding Slows As Tech Startups Raise $95m Offshore

Nigeria’s place at the top of the pile was driven by investments in fintech companies

AXA IM offers fintech exposure with cross-border fund launch

The fund forms part of the "Evolving Economy" fund range which is comprised of five key themes: Automation, the Connected Consumer, Ageing and Lifestyle, Cleantech, and Transitioning Societies, which AXA IM believes will shape the way companies

Sectigo Helps Middle East Companies Combat Phishing, BEC, and Other Web Security Threats

Organizations throughout the Gulf States and Jordan are eager for email encryption and digital signing solutions that minimize these and other risks.

The Middle East's Startup Hub: Making Dubai A Launchpad For Innovation

Early-stage startups make up nearly 50% of all companies registered in Dubai, validating the Emirate's appeal as a global center for entrepreneurship, knowledge transfer, and innovation.

Fintech: Offshore regulations and trends in Asia

Article first appeared in Asia Business Law Journal

Making fund administration simple for private equity funds with real property investments BY JAMES FACOMPRE AND PILAR MACHA

A number of funds are also involved in real estate and infrastructure development projects.

Thai startup Jitta raises US$6.5 million to empower wealth management

The money will be used for national and regional expansion plus hiring developers

How Absa plans to lead on digital banking and innovation in SA

One of the key leverage points of this new strategy is building a scalable and digital-led organisation

Bank Leumi's Ran Gavriel Zivan On Creatively Solving Problems In A New Way

Around five years ago, Bank Leumi established a new organizational structure, in which the Digital Banking Division was born, to implement its new innovation strategy.

Swiss start-ups to benefit from multi-million fund

The two banks are responsible for sales and portfolio management.

Why Digitalization is the way forward for Private Banking & Wealth Management

This high caliber of service starts with the onboarding process.The Relationship Manager has done his/her job and that’s when the work of opening up accounts begins.

Emirates NBD plays matchmaker for start-ups and investors

The inaugural edition of The LaunchPad saw a race between 25 start-ups and early stage companies, with five businesses shortlisted to pitch their ideas to three international investors at an event in Dubai, attended by Emirates NBD Private Banking’s

Kofax to Acquire Top Image Systems

Acquisition to Strengthen and Enhance Digital Capture and SaaS-based Capabilities for Kofax’s Intelligent Automation Platform

Swedish startup lands €56m from big banks to take advantage of 'open banking'

The technology is made possible by so-called open banking legislation that came into force across the UK and Europe last year.

MAS-backed Platinum Analytics to set up FX liquidity platform

In the last quarter of 2018, Platinum Analytics announced it had officially launched its platform in Singapore and is already in progress to onboard its first batch of trial clients.

Innovation & Startups