07/28/2023
Mark Zuckerberg’s Wealth Surges by $4.6 Billion as Meta Shares Jump
Facebook parent reported revenue that beat analysts’ estimates
Innovation & Startups
07/28/2023
Allfunds to acquire BCC Iccrea Group's local paying agent business
With this transaction, Allfunds will build upon its position in the Banca Corrispondente or local paying agent business in Italy to better serve customers, while strengthening the partnership with an important financial institution in the country.
07/28/2023
UK fintechs Bloom Money and SuperFi close seed rounds
The round was led by Zinal Growth, and joined by January Ventures and Pact VC.
07/28/2023
Socium Fund Services Optimizes Private Credit Fund Administration with Broadridge Technology
Besides managing day-to-day loan administration, Sentry allows users to monitor compliance issues and reconcile and aggregate data.
07/27/2023
SS&C, U.K.'s National Health Service Shared Business Services Team Up to Deliver Digital Transformation to NHS
NHS SBS signs resale agreement with SS&C Blue Prism to drive efficiencies across NHS HR, procurement and finance processes
07/27/2023
Standard Custody partners with L1 Advisors for new era of digital asset management
The collaboration ushers in a new era of digital asset management, providing financial advisors with a hybrid approach to digital asset custody, management, and advisory for the first time.
07/27/2023
Tech innovation financing alternative
Entrepreneurs and established corporations alike share the burden of having to find a constant flow of R&D investment to feed the hungry beast of innovation.
07/27/2023
Securities Commission of The Bahamas Relaunches Inaugural D3 FinTech Festival
The Securities Commission of The Bahamas today invites FinTech and Web3 builders to Nassau for the inaugural D3 Bahamas Festival – 10-12 October
07/27/2023
CloudPay picks Nuvei for fast, flexible payroll offering
These expanded capabilities generated through the partnership are currently live in the U.S.
07/26/2023
Vietnam’s OCB to Fully Digitise Customer Journeys with Backbase and SmartOSC
SmartOSC will assist OCB in integrating the EBP, also referred to as the digital banking omnichannel platform, into its existing records systems while also addressing the bank’s initial localisation requirements.
07/26/2023
Amundi Intermédiation Selects FlexTrade for Multi-Asset Execution Management
The firm will deploy FlexTRADER EMS to provide sophisticated automation capabilities across equities, derivatives, and fixed income.
07/25/2023
Italy’s Mediobanca Group Launches new Fintech Venture Studio Alongside London-based Founders Factory
Mediobanca Group and Founders Factory’s plan is to build and invest in 35 fintech businesses over the next five years.
07/25/2023
Bank of India opens startup-focused branches
The bank says it plans to add another nine branches as it backs the government's Start-Up India initiative.
07/25/2023
Bank of India opens startup-focused branches
The bank says it plans to add another nine branches as it backs the government's Start-Up India initiative.
07/25/2023
The Family Office opens fintech lab
The Fintech Lab serves as a dedicated space where experts, visionaries, and emerging talents collaborate to conceptualize, develop, and implement groundbreaking fintech solutions.
07/25/2023
Vontobel strengthens the use of AI through cooperation with Microsoft
Vontobel will evaluate the first experiences in order to define further areas of application for Azure Open AI Service
07/25/2023
GBST further expands adviser solutions with the acquisition of leading market disruptor Advice Intelligence
It supports the industry’s evolution toward efficient and cost-effective advice via digitisation, bridging the gap between advice providers and the wider mass market.
07/25/2023
UK business confidence remains strong as firms boost AI investment
But confidence has still declined over the first half of the year – amid global uncertainty as economic growth remains sluggish around the world.
07/24/2023
How ChatGPT can be used as a lending tool
Breaking down the complex process of loan origination into increasingly automated components is one important area AI can help with, writes Nucleus Commercial Finance's CEO Chirag Shah.
07/24/2023
Transforming FinTech: The 7-fold Benefit of Automating KYC Processes
A significant challenge banks face in financial crime compliance is the soaring operational costs, which have risen by about 25% from 2020 to 2022.