Managers of Wealth Fintech

FCA poured £5 million into laptops for hybrid working

The FCA also purchased 307 Samsung phones and 39 iPhones with an indicative range of the spend of £0- £100,000.

One year of CSX: Best-known Swiss brand for digital banking in Switzerland – user figures testify to successful establishment in the market

The total volume of assets held with CSX now amounts to more than CHF 1 billion.

Pandemic makes 75% of consumers more likely to use digital banking in the future

Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic, according to a new report from SaaS cloud banking platform Mambu.

Wall Street Plans Large Job Cuts As Remote Work And Tech Take Over

It's not just the big banks. About 13% of Big Apple employers expect to reduce their workforces in coming years, and around 33% responded that their need for real estate and office space will decline.

Qatar Islamic Bank launches video banking

The Video Banking service currently allows existing QIB customers to place a video call with a QIB service agent to get real-time guidance while applying for Instant Finance digitally via the QIB Mobile App.

Open Banking Forecast for Heavy Adoption Amongst UK Credit Providers in 2021

55% of lenders plan to adopt Open Banking technology by the end of 2021, with 93% of those businesses expecting to adopt the data-sharing initiative in the next 12 months; according to the recent data of Know-it.

Fintech Companies: Are They a Threat to Banks?

The financial industry is changing rapidly, with new innovations forcing legacy banks and fintech challengers to be more competitive. Which will survive?

InvestCloud launches InvestCloud X

Next-generation product suite revolutionizes wealth management communication, planning and financial product distribution

Cloud computing in banking

Everyone has realized the massive potential Cloud Computing has, and banks and other financial institutions are migrating to it.

Accenture acquires BCS Consulting

The acquisition builds on some of Accenture’s most recent financial services acquisitions

Stripe partners Klarna to offer businesses BNPL options

Millions of online businesses running on Stripe will soon be able to offer Klarna’s buy now, pay later options to their customers.

FirstBank partners NIBSS to drive digital payment convenience with Nigerian Quick Response

The initiative is accessible on the Bank’s payment infrastructure as the NQR code can be used to make payments through one’s FirstMobile App.

Emerging Africa Group acquires majority stake in Fundall to build Africa’s first financial super app

Fundall is building Africa’s first financial super app, to help individuals and businesses spend smartly, manage money and grow money – from living their best lives every day to planning for the future.

Wells Fargo Announces Rebuilt Mobile App and All-New Virtual Assistant, Fargo

Enhancements to launch starting in early 2022

Volt and Worldline team up to launch enterprise-level open payments solution

Open banking payments are real-time and are inherently more secure as the danger of card fraud is eliminated.

Small banks, big challenges: How can community banks better serve customers?

People in the US and around the world still rely on community banks

Raisin DS signs Germany’s second-largest direct bank, Deutsche Kreditbank

An additional 4.8m Europeans will be exposed to Raisin DS’s deposit marketplace.

Payroll API Atomic raises $22 million

Atomic's payroll APIs are the leading way for consumers to securely connect their payroll accounts to a third-party banking app

Divi releases mobile wallet to drive mainstream adoption of cryptocurrencies

The Divi Project was established in 2017 to accelerate crypto’s mainstream adoption

Technology & Innovation: Recent Developments in Africa

The roll-out of 5G is commencing in Nigeria, and is continuing to be rolled out in other countries like South Africa and Kenya.

Mobile Banking