Managers of Wealth Fintech

Kema, UAE FinTech startup, revolutionises B2B payments with $2m pre-seed fund

The company’s innovative approach focuses on digitising, automating, and streamlining the invoice-to-cash process, also known as accounts receivable.

Cornerstone FS Secures License to Provide Payment Services to Businesses in Canada

The Cornerstone FS group intends to develop a full-service office in Canada, which will enable it to provide customers with the high-touch service-led approach that is core to the Cornerstone offering.

Facephi identity verification now available on Temenos Exchange

As financial services continue to digitise and fraud becomes more prevalent, businesses face a growing demand for secure and efficient KYC and AML processes that prioritise the customer experience.

Wealthify and ClearBank unite for groundbreaking instant access savings account launch

Currently, it offers a 4.91% AER (Annual Equivalent Rate)/4.80% gross*, catering to the evolving needs of modern savers.

Ushur reveals new launch module for enhanced customer experience automation

This feature reduces redundancy and enhances efficiency by preventing customers from repeatedly inputting the same data across multiple workflows.

VENCORA UK Limited publishes definitive notice of the end result of the public tender offer for all publicly held registered shares in CREALOGIX Holding AG

Ad hoc announcement pursuant to Art. 53 LR

Sibli raises $4.5m for AI-powered investment research

The new funding will be used acquire talent, expanded access to new data sets, and boosted computing power.

Fintech exodus continues as family finance app Nosso winds down

Writing on LinkedIn, Darwich says the firm will be winding the business down and closing all Nosso accounts over the next couple of months.

Empowering Startups with the Visa Africa Fintech Accelerator: In Conversation With Floatpays

The benefits of the program have been exponential to the startups involved

Hong Kong Government Pledges Fintech Innovation Following Digital Green Bonds Issuance

This is the second digital bond issuance, following the government’s first tokenised green bond issued in February 2023.

Older Americans demonstrate more digital financial literacy than younger peers

These people understand a combination of basic financial knowledge and can protect themselves online from phishing attacks and other scams.

Citi Explores Quantum Computing for Portfolio Optimisation

In exploring the perks of quantum computing on bank portfolio optimisation, Citi Innovation Labs partnered with Classiq for their specific quantum computing expertise and support.

Abu Dhabi Global Market announces ‘innovative’ online dispute resolution platform

The new platform aims to provide a self-driven solution for parties, including by offering a template settlement agreement to parties if a settlement offer is accepted.

Bloomberg automates workflow for EUR Swaps vs. Futures

The offering will, in due course, extend to cover spreads versus cash instruments, and additional exchange connectivity.

Deutsche Bank executes XTransfer’s first onshore Thai Baht trade in Thailand

From there, XTransfer can efficiently distribute the funds to its export clients, ensuring smooth cross-border transactions.

RF Group selects OLYMPIC Banking System as its new core-banking platform

OLYMPIC Banking System will be installed for RF Group’s three main banking entities in the Bahamas, Barbados and the Cayman Islands.

Rising Fintech LoanStar Secures US$28m in Growth Equity

The company expects to close on the remaining amount, which will be used to repurchase shares from early investors, in the next two months.

Simcorp and Venn by Two Sigma form partnership

Under the new partnership, Venn’s clients will benefit from equity risk factors derived from the latest version of the Axioma US Equity Factor Risk Models

Tokenisation is Set to Continue to be a Focus For 2024

Law firms are establishing digital funds groups, administrators are establishing digital leads or innovation committees and managers are establishing digital funds, for instance.

Tookitaki rebrands AML suite to FinCense

This move aims to address the convergence of fraud and AML challenges more effectively, providing a unified solution to financial institutions grappling with these intertwined risks.

Innovation & Startups