Managers of Wealth Fintech

UBS Faces Fine Over Messaging App Misuse

The settlement is expected to be announced by the end of September.

Hong Kong Fintech Statrys Named as Latest SWIFT Member

When making an international wire transfer, a BIC code (also called a SWIFT code) is used to authenticate the identity of the banks or financial institutions, ensuring that money is transferred to the right account.

Bank of Queensland Goes Live on Temenos Banking Cloud

BOQ Group completes the next phase of its multi-year transformation which will enable it to create outstanding digital experiences and help customers reach their financial goals

Tsys partners Extend

After initially working with TSYS to enable mobile wallet tokenization, Extend now brings the first issuer-agnostic virtual card and spend management platform to TSYS.

Asset managers on alert after 'WhatsApp' crackdown on banks

But fund firms with billions of dollars in assets are also increasing their scrutiny of how staff and clients interact.

Revolut rebrands kids' account

With over 1.6 million customers globally, Revolut Junior had over 350,000 customers in Britain alone, all of whom are now Revolut <18 customers.

Trustfolio teams up with Equifax for open banking-powered debt advisory solution

The data will be viewable alongside client credit reports already available through the platform

Vyne and Wix partner to streamline merchant payments

This is an exciting step on our journey to create an ecosystem that redefines the payment experience for merchants and consumers.

FinTech Automation recognized as a Top 100 Financial Technology Company by The Financial Technology Report

The Financial Technology Report have named FinTech Automation as one of the Top 100 Financial Technology Companies of 2022 in recognition of its innovation in open banking technology.

LifeSG App Had Close to a Million Transactions Valued at S$41 Million Since Nov 2021

Singaporeans and its permanent residents can receive government payments via the app, instead of cheques and paper vouchers.

PayPal Ventures invests in Forage

One in eight Americans receive government assistance to buy groceries.

Fintech firms ramp up investments in Kenya’s microfinance space

UMBA obtained a 66.06% stake in Daraja Microfinance Bank Ltd effective 1 July, after approval by the Central Bank of Kenya on 23 May.

Practifi Launches New Business Development App for Wealth Management Industry

Cloud-Based Solution Provider's Deal Pipeline Management App Meets Industry Demand For All-In-One Platform That Tracks, Manages M&A Activity

Scotiabank's new digital payments platform provides real-time services and cash management APIs

Scotia TranXact and the launch of APIs is another in a series of investments by Scotiabank designed to improve the experience of business banking clients in the evolving digital ecosystem.

ANZ New Zealand taps FIS for core banking

ANZ New Zealand’s current Systematics core banking technology is also supplied by FIS.

German neobank and crypto exchange Nuri files for insolvency

The company claims its 500,000 customers will have “guaranteed access” to their funds during the process.

OCBC Customers Can Now Make Direct CPF Top-Ups

Customers can also reap tax benefits through tax relief of up to S$16,000 for cash top-ups made to theirs and their family members’ CPF accounts.

Fintech challenger Dozens shuts up shop

The company informed customers of the decision to shut up shop in June, giving them two months to transfer their cash to an altenative provider.

Barclays rolls out Microsoft Teams worldwide

As part of its efforts to better connect employees across its business units and functions, Barclays and Microsoft jointly executed a deployment plan for the use of Teams across the company.

South Africa’s top banks are warning about these banking scams

These messages typically contain hyperlinks to malicious websites.

Mobile Banking