Managers of Wealth Fintech

South Africa's Discovery launches 'behavioural bank'

The launch of Discovery Bank comes at a critical time in South Africa and is highly relevant in the context of our current technical recession.

FINCA Impact Finance goes live with Finastra

Implemented in partnership with Neoflex, a leading Russian IT services company, Fusion Risk is also expected to optimize the bank’s day-to-day operations and make its lending business more efficient and profitable.

BCS Global Markets goes live on Calypso

The final configuration set up was validated through independent health check for both technical and performance aspects using Calypso consultants.

CivilisedBank Ready To Reapply For Banking License

As part of its plan, the company has resubmitted its banking license to regulators, according to CEO Mark Stephens.

Westpac launches new Asia tech push with Singapore hub

Instead of abandoning its high-rise headquarters in Singapore where staff numbers have been whittled down during the past two years, the bank this week opened its doors to a new generation of bankers in the region.

First Bank launches chat banking on WhatsApp platform

With the rising need for customers to easily carry out transactions anywhere

UOB’s Digital Bank advances customer-centric data solutions with Meniga

It will also enable UOB’s Digital Bank to understand customer needs better and to prompt them to make smarter decisions in managing their finances.

Future Digital Bank & P2P Lender Zopa Raises £60 Million, Plans for Expansion [u]

Since Zopa launched in 2005, more than 76,000 investors and institutions have lent over £3.78 billion via the Fintech.

Orient Bank selected Acumen-net for their Treasury Management operations

The solution also supports risk management functions for counterparty risk, market risk and offers a comprehensive approach to handling risk related issues so as to safeguard the bank’s operations.

Nigeria's Fidelity Bank to Boost Profit by Spending on Tech

Bank has already increased tech spend by around 40% this year

Dubai bank Emirates NBD launches API sandbox for fintechs

The platform consists of over 200 APIs and 900 end points covering retail, corporate and SMEs

Temenos further strengthens relationship with Arab Bank

with signing of digital change management and training platform, TLC Engine

Lloyds shakes up workforce as it goes digital

It is understood the bank will not be announcing any further branch closures.

Noor Bank to accelerate digital transformation with the power of Microsoft Dynamics 365

Bank to boost customer engagement by empowering sales, marketing and service employees with rich visualizations of prospects, leads and scheduled tasks

Bank Hapoalim Partners With Local Startup to Give Biometric Access to Bank Accounts

Using AnyVision’s facial recognition technologies, the bank can let customers open a bank account online without having to come to the bank personally, Ronen Yochpaz, a vice president at the bank said

REBEL secures new investment from XP Asset Management

XP Asset Management portfolio manager and partner André Masetti said: “Investing in venture capital is within our investment scope and disruption is in our DNA.

Nutmeg to start financial advice pilot

Nutmeg revealed its plans to enter the advice market in 2015, with founder and then-chief executive Nick Hungerford saying this was the next logical step for the business.

UOB Asset Management launches Singapore’s first robo-advisory service for corporate investors

Using the new digital service, UOB's commercial banking clients can now submit their financial information, obtain their risk profile and receive an investment portfolio proposal in minutes.

Michael Jordaan’s hi-tech Bank Zero gets going

SA’s newest bank has integrated its systems with the Reserve Bank’s, and now starts its first trial runs for staff

Bank Zero – SA’s first digital only bank starts trial run

Driven by smartphones and associated digital technologies, it’s a disruptor in the traditional banking industry.

Retail Banking