Managers of Wealth Fintech

New Bermuda Bank Taps Anchorage for Crypto Custody

Digital asset custody platform Anchorage is adding proposed Bermuda bank Jewel as a client. That may help crypto companies globally access traditional banking.

UK banks sign Fintech Pledge

Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms.

Smith & Williamson Selects Broadridge's Industry Leading Shareholder Rights Directive II Compliance Solution

SRD II proxy solution will help Smith & Williamson to meet new EU regulatory requirements commencing September 2020

European Central Banks Demand Strict Cryptocurrency Regulations

Stablecoins, a type of cryptocurrency backed by traditional assets, have become a front burner topic since last year by the emergence of cryptocurrencies and as Facebook introduced its Libra coin.

Hong Kong crime family arrested in HK$3 billion money-laundering investigation

Parents and three children had over 100 personal bank accounts between them, with officials looking into 6,000 suspicious transactions

Treasury-backed initiative launches to boost collaboration between fintechs and banks

Building partnerships with established institutions is a fantastic route for fintechs to drive positive change in finance

Corruption imposes additional barrier to digital identity in South Africa

The key challenge remains not if we have the best tools to fight fraud, but if we have the best tools to fight the roots of corruption, and how to tackle social engineering with the best technology that can prevent this immorality and fraud from re-occurr

China's expanded export controls pose fresh challenge to global tech industry

In addition to recommendation algorithms such as those used by ByteDance-owned TikTok, the new list of “partially restricted exports” includes drone and cybersecurity technology, voice recognition software, and handwriting scanning software.

Mawer Investment Management signs for SimCorp Dimension

The agreement is the latest in a series of North American front-to-back deals, which see buy-side firms choosing SimCorp’s front office.

Personal Data Transfers to the US and other non-EEA countries

If such measures ensure that foreign domestic law in the relevant third country does not impinge on the adequate level of protection the SCCs guarantee, a data transfer can be permissible.

Crealogix and IBM collaborate to help banks accelerate digital transformation

With a total of 150 years of experience between them, two industry leaders in the banking industry are helping their customers take advantage of the latest developments in user experience design, innovation and cloud technologies.

CAD finds 'reasonable grounds' of offence by AGV director

In July, the company said it had received notices from the CAD and MAS asking for information and documents in relation to an alleged offence under the SFA.

UAE rolls out new system to monitor and curb financial crimes

'Fawri Tick' will allow the country to respond effectively to financial crimes and eliminate them in a timely manner

Milestone Group appoints MD of Asia Pacific

Milestone Group, a global investment fintech firm, best known for innovation in fund processing, asset allocation and oversight automation, has appointed Marian Azer as Managing Director for Asia Pacific (APAC) based in Sydney, Australia.

Santander UK implements ACTICO’s credit risk management platform

A wholly-owned subsidiary of Banco Santander, Santander UK has partnered with several FinTechs for starting a multi-year transformation program and implement an end-to-end customer onboarding, credit risk, and fulfillment solution.

PayThink Fintech and digital pay are pushing banks to accelerate tech adoption

In some ways, the impacts of the pandemic will accelerate this shift, and five years from now, our financial services industry will look very different from the one we’ve known.

The Financial “Plumbing” Committee: from Plumbing to Policy

Pre-crisis, no single authority had the mandate or tools to look after the stability of the financial system as a whole.

Regulations should allow mobile networks to become your next bank: commission

This means that regulatory design for the inevitable competition arising from the entry of tech players must be ‘appropriate’, it said.

LPA Group takes over RegTech Aracada

The addition of Acarda will enable the LPA Group to enter the attractive digitalization and transformation business in asset management

Banks work with fintechs to counter ‘deepfake’ fraud

Crimes involving manipulated video and audio to impersonate customers cause concern

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