Managers of Wealth - Fintech https://fintech.managersofwealth.com/ Sat, 27 Jul 2024 09:29:41 BST part of MediaG8way Group https://fintech.managersofwealth.com/ https://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Risk Management in Consulting and Wealth Management: Adequacy and Portfolio Analysis News Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79433/risk-management-in-consulting-and-wealth-management-adequacy-and-portfolio-analysis One of the most impacted aspects is portfolio risk management . Regulation requires rigorous monitoring of market, credit and liquidity risks for the assets of private clients advised. Wealth & Asset Management Franklin Templeton and SBI Form JV For Digital Assets News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79439/franklin-templeton-and-sbi-form-jv-for-digital-assets Franklin Templeton and SBI Holdings have signed a Memorandum of Understanding to establish a joint venture in Japan Wealth & Asset Management Sygnum Posts Profit and Sets Stage for MiCA-compliant expanded EU Market Entry News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79419/sygnum-posts-profit-and-sets-stage-for-mica-compliant-expanded-eu-market-entry Business performance is enabled by expanded trading features and platform, strategic partnerships with leading digital asset and TradFi financial institutions, and a diverse, international team now over 250-strong. Wealth & Asset Management SEI Reports Second-Quarter 2024 Financial Results News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79420/sei-reports-second-quarter-2024-financial-results Diluted earnings per share were $1.05 in second-quarter 2024 compared to $0.89 in second-quarter 2023. Wealth & Asset Management Alternative Assets: Objectway Client Portal Debuts with Sagitta Sgr News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79428/alternative-assets-objectway-client-portal-debuts-with-sagitta-sgr The new tool developed by Objectway Wealth & Asset Management Generative AI in organizations 2024 News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79386/generative-ai-in-organizations-2024 Report from the Capgemini Research Institute Wealth & Asset Management 5 FinTechs boosting Wealth Management in the USA News Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79378/5-fintechs-boosting-wealth-management-in-the-usa Due to evolving FinTechs, the masses are better equipped to make informed financial investment decisions and be aware of the trends within the wealth allocation and management industry. Wealth & Asset Management FCA's Crackdown on Wealth Management Non-Compliance with Consumer Duty: How to avoid this…! News Team Thursday, July 18, 2024 1:00 am https://fintech.managersofwealth.com/article/79347/fcaamp039s-crackdown-on-wealth-management-non-compliance-with-consumer-duty-how-to-avoid-thisamphellip FCA: “We expect you to have implemented the Consumer Duty in full, which requires you to put the needs of your consumers first. Wealth & Asset Management Thought Machine and Quantifeed join forces for private banking drive News Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79320/thought-machine-and-quantifeed-join-forces-for-private-banking-drive Quantifeed’s QEngine platform and Thought Machine’s Vault Core offer a comprehensive solution for private banks. Wealth & Asset Management Citi to Take Wealth Management to Next Level with the Market-First Launch of Wealth 360 News Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79328/citi-to-take-wealth-management-to-next-level-with-the-market-first-launch-of-wealth-360 The feature is now rolling out to selected customer segments and will be gradually expanded to the entire customer base. Wealth & Asset Management Simona Covaliu appointed new CRO of PayU GPO News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79436/simona-covaliu-appointed-new-cro-of-payu-gpo Covaliu joins PayU GPO with a notable resume, having worked at several industry-leading companies Executive Moves Acrisure names NYSE vice chairman John Tuttle as new president News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79437/acrisure-names-nyse-vice-chairman-john-tuttle-as-new-president Tuttle has spent the last 17 years at the NYSE and its parent, Intercontinental Exchange (ICE), during which time he held a variety of leadership positions. Executive Moves Wealthify appoints new CEO News Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79438/wealthify-appoints-new-ceo Ambrose joins with over 25 years’ digital and fintech experience Executive Moves SEI Attracts New Executive Vice President News Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79440/sei-attracts-new-executive-vice-president Financial Services Leader’s Diverse Experience to Bolster Strategic Growth Executive Moves Goldman Sachs' top female strat is leaving. This might be why News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79446/goldman-sachsamp039-top-female-strat-is-leaving-this-might-be-why Chryssikou's exit may also be related to Goldman's "rule of 60." Executive Moves Broadridge Appoints David Runacres as President of APAC News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79418/broadridge-appoints-david-runacres-as-president-of-apac He will also assume the role of Senior Country Officer, Japan, overseeing all activities in a market that is a key part of Broadridge investment and growth strategy. Executive Moves Temenos strengthens commitment to SaaS and the US with key executive appointments News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79426/temenos-strengthens-commitment-to-saas-and-the-us-with-key-executive-appointments Isabelle Guis has joined as Chief Marketing Officer and member of the Executive Committee and Monty Bhatia as EVP of Global Alliances and Partner Ecosystem Executive Moves Yubi Group boosts leadership team with key appointments News Aggregation Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79414/yubi-group-boosts-leadership-team-with-key-appointments These strategic leadership changes and promotions reflect our unwavering commitment to fostering talent and driving innovation across our business units. Executive Moves Dave Miller joins SimplyBiz parent company Fintel News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79396/dave-miller-joins-simplybiz-parent-company-fintel Miller joins Fintel from Iress, where he was executive general manager. Executive Moves Pennsylvania’s Sagent appoints Jaime Gow as new CFO News Aggregation Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79384/pennsylvaniaamprsquos-sagent-appoints-jaime-gow-as-new-cfo He will also work to secure long-term investments for Sagent’s mortgage loan servicing software platforms Dara, LoanServ, CARE, Loanboard and Datascape, and its mortgage default management software Tempo. Executive Moves Irish data protection commission highlights GDPR risks in developing and using AI News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79410/irish-data-protection-commission-highlights-gdpr-risks-in-developing-and-using-ai The guidance provides a high level, easy to follow summary of AI tools in the market and outlines the risks and considerations in using AI for individuals, organisations and product designers, developers and providers. Legal,Regulation,Tax & Compliance Dechert Advises 21Shares on Launch of Inaugural Ethereum ETP News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79412/dechert-advises-21shares-on-launch-of-inaugural-ethereum-etp CETH allows investors the ability to gain exposure to Ether through their existing bank or brokerage rather than by holding Ether directly. Legal,Regulation,Tax & Compliance Revolut finally wins UK banking licence News Aggregation Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79429/revolut-finally-wins-uk-banking-licence Revolut now enters the ‘mobilisation’ stage, sometimes referred to as ‘Authorisation with Restrictions’, a common step for many new banks in the United Kingdom. Legal,Regulation,Tax & Compliance FSB: Emerging markets face regulatory challenges from stablecoin circulation News Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79406/fsb-emerging-markets-face-regulatory-challenges-from-stablecoin-circulation Stablecoins also present concerns related to financial integrity, illicit finance, data privacy, cyber-security, consumer and investor protections, market integrity, fiscal stability, and macroeconomic stability. Legal,Regulation,Tax & Compliance UK paytech RC365 acquires Money Lenders Licence to provide digital lending services in Hong Kong News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79387/uk-paytech-rc365-acquires-money-lenders-licence-to-provide-digital-lending-services-in-hong-kong “A key element of our growth strategy is the expansion into virtual banking, and this licence represents important progress towards achieving that goal,” Law adds. Legal,Regulation,Tax & Compliance Essential guide to the EU Artificial Intelligence Act and what it means for Guernsey News Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79397/essential-guide-to-the-eu-artificial-intelligence-act-and-what-it-means-for-guernsey The regulation of high risk / unacceptable risk AI systems is to be welcomed to the extent that it safeguards the consumer and leads to greater transparency concerning its use. Legal,Regulation,Tax & Compliance FCA lifts partner onboarding restrictions on UK fintech Modulr News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79401/fca-lifts-partner-onboarding-restrictions-on-uk-fintech-modulr This development means that Modulr can once again enlist A&D partners to issue electronic money on its behalf to expand the reach of its payment services. Legal,Regulation,Tax & Compliance Warning after firms caught by bank scam News Aggregation Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79370/warning-after-firms-caught-by-bank-scam The authority said islanders should be "particularly cautious" of scammers trying to trick people using the the worldwide IT outage as part of their cover story. Legal,Regulation,Tax & Compliance HKMA unveils latest additions to stablecoin issuer sandbox News Aggregation Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79382/hkma-unveils-latest-additions-to-stablecoin-issuer-sandbox The regulator goes on to clarify that participants are “expected to comply with the sandbox requirements” Legal,Regulation,Tax & Compliance Bitzlato founder won’t get more jail over $700M dark web clearing house News Aggregation Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79357/bitzlato-founder-wonamprsquot-get-more-jail-over-700m-dark-web-clearing-house The judge said the 18 months Anatoly Legkodymoc had already served in Brooklyn’s “terrible” MDC was enough punishment. Legal,Regulation,Tax & Compliance Number of ‘Tikkie Zakelijk’ transactions up 25% News Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79431/number-of-amplsquotikkie-zakelijkamprsquo-transactions-up-25 The accessibility and convenience of the made-for-business app are key to its success. Retail Banking The Power Of Instant Payments And Data News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79435/the-power-of-instant-payments-and-data The key for corporate treasurers is to stay informed of market expectations, and review and adjust forecast and stress scenarios frequently. Retail Banking Fortis buys NetSuite payments division of MerchantE News Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79441/fortis-buys-netsuite-payments-division-of-merchante The MerchantE division has provided payment processing solutions specifically integrated with the NetSuite system since 2004. Retail Banking Morgan Stanley Expansion Capital acquires stake in global payments fintech Sokin News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79417/morgan-stanley-expansion-capital-acquires-stake-in-global-payments-fintech-sokin Whilst Morgan Stanley Expansion Capital has led the transaction, it also includes investment from prominent US investors Retail Banking Seven out of 10 in Malta use Revolut, company says News Aggregation Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79422/seven-out-of-10-in-malta-use-revolut-company-says Malta is one of fintech giant’s top five markets Retail Banking CMA sends letter to TSB about breaches of the Retail Banking Order News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79427/cma-sends-letter-to-tsb-about-breaches-of-the-retail-banking-order TSB became aware of the breach related to the Spend and Save Plus customers’ monthly statements on 1 August 2023. Retail Banking Thredd signs US processing agreement with Spendbase News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79430/thredd-signs-us-processing-agreement-with-spendbase Spendbase has selected Thredd to power their U.S. expansion Retail Banking Bank of Clark adopts greenlight family finance app News Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79404/bank-of-clark-adopts-greenlight-family-finance-app Bank of Clarke customers will receive free access to the award-winning Greenlight family finance app as part of the Greenlight for Banks program. Retail Banking GoCardless integrates with OMS for faster, more efficient broker payments News Aggregation Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79407/gocardless-integrates-with-oms-for-faster-more-efficient-broker-payments OMS provides a single-input enquiry to completion processing platform that supports a variety of financial services products Retail Banking BSP Reports Philippines Exceeds 50% Digital Payment Transactions Target News Aggregation Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79416/bsp-reports-philippines-exceeds-50-digital-payment-transactions-target This growth in digital transactions aligns with the BSP goal of digitalising 50% of payment volumes under its Digital Payments Transformation Roadmap 2018-2023. Retail Banking IntelePeer bags $140m to advance AI automation in customer service News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79444/intelepeer-bags-140m-to-advance-ai-automation-in-customer-service IntelePeer specialises in providing AI-driven solutions for automating communications across various channels. Bitcoin, Blockchain & AI Trump raises more than $4 million in bitcoin, other digital coins as crypto support pays off News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79445/trump-raises-more-than-4-million-in-bitcoin-other-digital-coins-as-crypto-support-pays-off Trump is keynoting a major bitcoin conference in Nashville, Tennessee, on Saturday. Bitcoin, Blockchain & AI 55 Million Users and Counting: Binance Reveals What is Needed to Improve Crypto Adoption in LatAm News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79447/55-million-users-and-counting-binance-reveals-what-is-needed-to-improve-crypto-adoption-in-latam For this first edition of the survey, Binance collected responses from 10,000 users, addressing questions ranging from investment behaviour to market expectations, pricing and adoption. Bitcoin, Blockchain & AI OECD launches pilot to monitor application of G7 code of conduct on advanced AI development News Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79403/oecd-launches-pilot-to-monitor-application-of-g7-code-of-conduct-on-advanced-ai-development Under Italy’s current G7 Presidency, G7 members have focused on advancing these outcomes. Bitcoin, Blockchain & AI Klarna combines Sofortüberweisung with Pay Now service in Germany News Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79388/klarna-combines-sofortampuumlberweisung-with-pay-now-service-in-germany To access these functions, customers must now create a Klarna account. 95% of Sofort customers have already taken this step. Bitcoin, Blockchain & AI BTC price 8% off all-time high — 5 things to know in Bitcoin this week News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79391/btc-price-8-off-all-time-high-ampmdash-5-things-to-know-in-bitcoin-this-week Bitcoin traders dare to dream of BTC price discovery this week as markets enjoy a late-week surge to six-week highs. Bitcoin, Blockchain & AI Hackers steal $230m from Indian crypto exchange WazirX News Aggregation Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79360/hackers-steal-230m-from-indian-crypto-exchange-wazirx The multisig wallet provider, Liminal says in a statement that the wallet was "created outside of the Liminal ecosystem" Bitcoin, Blockchain & AI Standard Chartered joins Hong Kong stablecoin sandbox News Aggregation Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79361/standard-chartered-joins-hong-kong-stablecoin-sandbox Standard Chartered and other members can now carry out testing on their operational plans, benefiting from two-way communication on the proposed regulatory requirements. Bitcoin, Blockchain & AI Knowledge Graphs Improve Gen AI News Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79365/knowledge-graphs-improve-gen-ai Validating Results Builds Trust for Organizations Bitcoin, Blockchain & AI Basel Committee publishes final disclosure framework for banks' cryptoasset exposures News Team Thursday, July 18, 2024 1:00 am https://fintech.managersofwealth.com/article/79335/basel-committee-publishes-final-disclosure-framework-for-banksamp039-cryptoasset-exposures The final disclosure framework includes a set of standardised tables and templates covering banks' cryptoasset exposures. Bitcoin, Blockchain & AI Kenya’s Diamond Trust Bank taps Network International for digital payment solutions News Aggregation Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79413/kenyaamprsquos-diamond-trust-bank-taps-network-international-for-digital-payment-solutions Founded in 1994, Network International provides its merchant clients with various online and offline payment acceptance methods Mobile Banking Third of Brits now use mobile contactless payments News Aggregation Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79408/third-of-brits-now-use-mobile-contactless-payments Cash accounted for just 12% of all payments last year, with almost four out of ten UK adults were living largely cashless lives. Mobile Banking Monzo launches pensions product News Aggregation Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79415/monzo-launches-pensions-product To get on board, customers share a few details and names of former employers and Monzo does the rest - tracking down and combining all old pensions into a BlackRock-managed retirement fund. Mobile Banking Bank Audi launches new digital bank Neo in Lebanon powered by Codebase Technologies News Aggregation Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79356/bank-audi-launches-new-digital-bank-neo-in-lebanon-powered-by-codebase-technologies While these services are available within Neo’s dedicated app, they are also supported through Bank Audi’s ATM network throughout Lebanon. Mobile Banking Payset partners with ClearBank News Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79290/payset-partners-with-clearbank Payset will also now be able to offer instant FX services, improving its clients’ currency exchange service. Mobile Banking Millenials Most Active Banking App Generation as Importance of Banking Apps Revealed News Aggregation Team Friday, July 12, 2024 1:00 am https://fintech.managersofwealth.com/article/79275/millenials-most-active-banking-app-generation-as-importance-of-banking-apps-revealed Interestingly, when it comes to selecting a banking provider, 74 per cent of respondents stated that the presence of a banking app plays a vital role in their decision. Mobile Banking Supply chain fintech TASConnect snaps up Solv Malaysia and Solv Vietnam News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79258/supply-chain-fintech-tasconnect-snaps-up-solv-malaysia-and-solv-vietnam The company says it will leverage its latest purchases Mobile Banking Mastercard inks deal with UAE-based LuLu Group News Team Monday, July 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79205/mastercard-inks-deal-with-uae-based-lulu-group The partnership will introduce revamped features and benefits Mobile Banking GCash Unveils In-App Plans to Double Down on AI News Aggregation Team Friday, July 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79192/gcash-unveils-in-app-plans-to-double-down-on-ai GCash also introduced two new payment innovations. Mobile Banking Mobile Payments: Transforming Transactions and Security News Aggregation Team Friday, July 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79194/mobile-payments-transforming-transactions-and-security Mobile payments have become integral to global finance, transforming how consumers and businesses handle transactions. Mobile Banking Study reveals support from institutional investors and wealth managers for tokenisation is building but distribution remains a concern News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79394/study-reveals-support-from-institutional-investors-and-wealth-managers-for-tokenisation-is-building-but-distribution-remains-a-concern The study with organisations invested in the digital assets sector found 75% expect more fund managers to look at the potential for tokenisation Comment & Analysis US fintech Coast bags $40m Series B for product, partnership and team expansion News Aggregation Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79383/us-fintech-coast-bags-40m-series-b-for-product-partnership-and-team-expansion The fintech says it seeks to mitigate the “major challenge” of expense management for the nearly one million businesses in the US that operate vehicle fleets. Comment & Analysis Banks and payments hit by global Microsoft outage News Aggregation Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79368/banks-and-payments-hit-by-global-microsoft-outage The outage has hit banks, with Lloyds in the UK and South Africa's Capitec among those reporting issues. Comment & Analysis Trending: Earnings Season Set to Spotlight Digital Banking News Aggregation Team Tuesday, July 09, 2024 1:00 am https://fintech.managersofwealth.com/article/79226/trending-earnings-season-set-to-spotlight-digital-banking Drilling down a bit, the total average days tied to those activities stood at more than 10 days for online banking and more than 11 days for mobile banking. Comment & Analysis ‘Enhanced Transparency and Money Management’ will define banks of the Future says JN Bank Executive News Aggregation Team Tuesday, July 09, 2024 1:00 am https://fintech.managersofwealth.com/article/79235/amplsquoenhanced-transparency-and-money-managementamprsquo-will-define-banks-of-the-future-says-jn-bank-executive He said banks are focusing on being adaptive to customer needs, which means traditional branches may still exist years from now, even with the push towards remote accessibility for products and services. Comment & Analysis The Next Phase of the Fintech Revolution: Inside the Disruption and the Challenges Facing Banking News Aggregation Team Tuesday, June 18, 2024 1:00 am https://fintech.managersofwealth.com/article/78966/the-next-phase-of-the-fintech-revolution-inside-the-disruption-and-the-challenges-facing-banking The most important theme right now is the implications of generative AI for financial services and, not least of all, retail banking. Comment & Analysis Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA News Aggregation Team Tuesday, June 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78874/interview-agata-strzelecka-velobank-ampndash-a-modern-bank-with-fintech-dna She graduated from AGH University of Science and Technology and IESE Business School. Comment & Analysis Now is the time for banks to embrace Corporate Digital Identity to tackle application abandonment News Aggregation Team Monday, June 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78856/now-is-the-time-for-banks-to-embrace-corporate-digital-identity-to-tackle-application-abandonment C-suite executives are becoming increasingly dissatisfied with their current banks KYC process. Comment & Analysis Majority of UAE Residents Confident in Finances, Visa Finds Knowledge Gaps News Aggregation Team Thursday, June 06, 2024 1:00 am https://fintech.managersofwealth.com/article/78825/majority-of-uae-residents-confident-in-finances-visa-finds-knowledge-gaps More than half of respondents across all age groups report confidence in their financial situation, with a significant majority actively monitoring their finances and setting long-term financial goals. Comment & Analysis How Are Evolving FinTech and Bank Partnerships Recapturing the $530 Billion MSME Credit Market News Aggregation Team Tuesday, June 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78791/how-are-evolving-fintech-and-bank-partnerships-recapturing-the-530-billion-msme-credit-market This new era of collaboration between FinTech and banks has shifted from competition to cooperation, with over 65% of FinTech CEOs prioritising partnerships. Comment & Analysis Spring data breaches affect 14,019 people News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79432/spring-data-breaches-affect-14019-people The latest personal data breach statistics have been published with the ODPA offering advice on "what can be learned from them". Cyber Security Cybersecurity is “major threat” for financial services firms, according to new Mayer Brown study News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79411/cybersecurity-is-ampldquomajor-threatamprdquo-for-financial-services-firms-according-to-new-mayer-brown-study The Next Organization, a global survey of 197 leaders from the financial services sector, identifies cybersecurity as a key factor in building an organization fit for the future. Cyber Security ACDT warns Ghanaian banks of cyberattack risks amid global IT failure News Aggregation Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79425/acdt-warns-ghanaian-banks-of-cyberattack-risks-amid-global-it-failure The malicious package advises banks to install it to avoid connectivity issues with their internal network. Cyber Security Warning after spike in cyber-attacks News Aggregation Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79421/warning-after-spike-in-cyber-attacks Organisations were advised to adopt a layered approach to security to reduce the risk of attacks. Cyber Security Linx Security secures $33m to enhance identity security and governance News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79390/linx-security-secures-33m-to-enhance-identity-security-and-governance Linx Security is dedicated to revolutionizing how organizations handle identity security Cyber Security CrowdStrike stock falls another 13% on Monday, days after global IT outage News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79392/crowdstrike-stock-falls-another-13-on-monday-days-after-global-it-outage “We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage. Cyber Security BBVA opens global cybersecurity centre in Mexico News Aggregation Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79385/bbva-opens-global-cybersecurity-centre-in-mexico The two hubs in the Americas and Spain will be staffed by around 200 Telefónica Tech cybersecurity professionals Cyber Security Three technologies banks will invest more in this year News Aggregation Team Friday, July 19, 2024 1:00 am https://fintech.managersofwealth.com/article/79355/three-technologies-banks-will-invest-more-in-this-year Consumers also stand to benefit from the extra technology spend on compliance-related technologies. Cyber Security Relm partners with cybersecurity provider News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79315/relm-partners-with-cybersecurity-provider It said the CyVers platform was built to address complex security challenges such as scams, fraud and compliance threats unique to Web3. Cyber Security ANZ and Westpac are two New Zealand banks that get to know their customers better with behavioural biometrics to stop scams News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79268/anz-and-westpac-are-two-new-zealand-banks-that-get-to-know-their-customers-better-with-behavioural-biometrics-to-stop-scams Other information that is collected includes customers’ device models, and the operating system on them, along with their Internet Protocol (IP) address. Cyber Security Visa reveals SME megatrends in the UAE News Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79381/visa-reveals-sme-megatrends-in-the-uae Visa recognizes the pivotal role of SMEs in driving economic growth Research Digital infrastructure top challenge to real world asset tokenisation News Aggregation Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79329/digital-infrastructure-top-challenge-to-real-world-asset-tokenisation Cybersecurity, decentralised finance and digital identity were also recognised as critical elements Research May crypto investments hit $1B driven by Notcoin launch — KuCoin News Aggregation Team Thursday, June 13, 2024 1:00 am https://fintech.managersofwealth.com/article/78919/may-crypto-investments-hit-1b-driven-by-notcoin-launch-ampmdash-kucoin KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch. Research How AI Can Help Asset Managers Do Their Jobs News Aggregation Team Thursday, May 30, 2024 1:00 am https://fintech.managersofwealth.com/article/78742/how-ai-can-help-asset-managers-do-their-jobs Digging up data, boosting productivity, divining client needs—these are among the benefits artificial intelligence can bring, per a BCG report. Research Investing in Fintech: How Technology is Reshaping the Financial Services Landscape News Aggregation Team Friday, May 17, 2024 1:00 am https://fintech.managersofwealth.com/article/78598/investing-in-fintech-how-technology-is-reshaping-the-financial-services-landscape Recent quarters have seen a slowing in the rate of deals being done but fintech innovation remains a very powerful economic driver across the global economy. Research Time to ditch your wallet for good. Are you in? News Aggregation Team Monday, May 13, 2024 1:00 am https://fintech.managersofwealth.com/article/78523/time-to-ditch-your-wallet-for-good-are-you-in Bank of Valletta has rolled out an extensive digital wallet service Research Fintech pro launches green banking startup News Aggregation Team Wednesday, May 01, 2024 1:00 am https://fintech.managersofwealth.com/article/78411/fintech-pro-launches-green-banking-startup While keeping its original brand, this startup will extend offerings like environmentally-sustainable checking, savings, and investment accounts. Research UK Finance and Addleshaw Goddard Set Groundwork to Develop VRPs for Commercial Use News Aggregation Team Friday, April 26, 2024 1:00 am https://fintech.managersofwealth.com/article/78362/uk-finance-and-addleshaw-goddard-set-groundwork-to-develop-vrps-for-commercial-use This is a positive step forward to help unlock the potential for open banking payments. Research Digital wealth: Balancing digital capabilities and the personal touch News Team Thursday, March 28, 2024 12:00 am https://fintech.managersofwealth.com/article/78033/digital-wealth-balancing-digital-capabilities-and-the-personal-touch The wealth space continues to undergo a period of profound and accelerating digital transformation Research The top 3 challenges for financial companies News Team Tuesday, February 27, 2024 12:00 am https://fintech.managersofwealth.com/article/77672/the-top-3-challenges-for-financial-companies The development and use of innovative technologies are increasingly becoming a key differentiator for banks. Research Transforming central government services - Redesigning central government technology to deliver real improvements for UK citizens News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79434/transforming-central-government-services-redesigning-central-government-technology-to-deliver-real-improvements-for-uk-citizens Processes will need to be reinvented. Innovation & Startups Pensions fintech startup Jarvis raises £1.8 million seed funding News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79442/pensions-fintech-startup-jarvis-raises-amppound18-million-seed-funding Jarvis is an auto-enrolment workplace pension provider that integrates with payroll systems through an API, providing straightforward reconciliation of payroll data. Innovation & Startups ZestyAI launches AI-powered storm risk products following state approval News Aggregation Team Friday, July 26, 2024 1:00 am https://fintech.managersofwealth.com/article/79443/zestyai-launches-ai-powered-storm-risk-products-following-state-approval This high incidence of severe storms is a key reason ZestyAI chose Texas as one of the first states to file its Severe Convective Storm product suite as a licensed Advisory Organisation. Innovation & Startups Flexera Named a Leader in Cloud Cost Management and Optimization by Independent Research Firm News Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79423/flexera-named-a-leader-in-cloud-cost-management-and-optimization-by-independent-research-firm Flexera’s combination of FinOps and IT Asset Management capabilities recognized Innovation & Startups Rabobank taps Zafin platform to digitise product, pricing and billing capabilities News Aggregation Team Thursday, July 25, 2024 1:00 am https://fintech.managersofwealth.com/article/79424/rabobank-taps-zafin-platform-to-digitise-product-pricing-and-billing-capabilities This supports Rabobank’s strategy to deepen client relationships and offer seamless digital client and employee experiences. Innovation & Startups WNS Recognized as a ‘Leader’ in Wealth and Asset Management Services by NelsonHall News Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79402/wns-recognized-as-a-amplsquoleaderamprsquo-in-wealth-and-asset-management-services-by-nelsonhall WNS’ expanding capabilities in hyperautomation, platform-based research and analytics, data consulting, data management, and AI were highlighted as key investments over the past three years. Innovation & Startups Temenos Announces Q2-24 Results and Revised FY-24 Guidance News Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79405/temenos-announces-q2-24-results-and-revised-fy-24-guidance Issued revised FY-24 guidance due to H1 performance, assumes return to growth while de-risking the second half of the year Innovation & Startups Banking Circle to speed up account opening for fundcraft News Team Wednesday, July 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79409/banking-circle-to-speed-up-account-opening-for-fundcraft The partnership means fund managers will be connected as closely as possible to national clearing schemes, enabling faster account opening and delivering low operating costs and fees. Innovation & Startups Rabobank signs with Zafin News Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79389/rabobank-signs-with-zafin By implementing Zafin platform capabilities, Rabobank’s internal teams will benefit from a consistent view of product, billing, and invoicing information across all channels. Innovation & Startups Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globally News Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79395/finastra-partners-with-credable-to-deliver-a-holistic-supply-chain-finance-offering-to-banks-globally Finastra Trade Innovation, integrated with CredAble's supply chain finance platform, enables banks to grow their trade and supply chain finance business and deliver enhanced customer experiences Innovation & Startups Trading app gamification can increase risk taking - FCA News Aggregation Team Monday, June 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79032/trading-app-gamification-can-increase-risk-taking-fca In addition, DEPs have a larger impact on people with low financial literacy, women and younger Brits. Trading Platforms FintechOS bags $60m in Series B+ investment round News Aggregation Team Tuesday, June 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78795/fintechos-bags-60m-in-series-b-investment-round It says its low-code tech “simplifies and accelerates the launching, servicing, and expansion of financial products and services”. Trading Platforms HPS set to acquire digital banking and payment software provider CR2 News Aggregation Team Wednesday, May 29, 2024 1:00 am https://fintech.managersofwealth.com/article/78724/hps-set-to-acquire-digital-banking-and-payment-software-provider-cr2 The deal includes all of CR2’s assets and technology, including its flagship BankWorld platform. Trading Platforms Citi fined $79M by UK regulators for trading control failures News Aggregation Team Friday, May 24, 2024 1:00 am https://fintech.managersofwealth.com/article/78699/citi-fined-79m-by-uk-regulators-for-trading-control-failures Citigroup Inc. has been slapped with a hefty $79 million fine by British regulators, marking one of the largest penalties ever issued in the UK for breaches in trading systems. Trading Platforms Citi fined over $444 billion fat finger error News Aggregation Team Thursday, May 23, 2024 1:00 am https://fintech.managersofwealth.com/article/78675/citi-fined-over-444-billion-fat-finger-error The algorithm selected was designed to place portions of this total order to be sold in the market over the rest of the day. Trading Platforms Suffolk BS advances digital mortgage origination with Finova News Aggregation Team Tuesday, May 14, 2024 1:00 am https://fintech.managersofwealth.com/article/78553/suffolk-bs-advances-digital-mortgage-origination-with-finova This alliance promises efficiency and improved customer experience. Trading Platforms HKMA establishes architecture comunity for digital dollar News Team Wednesday, May 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78465/hkma-establishes-architecture-comunity-for-digital-dollar It will make recommendations on specific topics, initially focusing on setting up a mechanism to support seamless interbank settlement of tokenised deposit through wCBDC for tokenised asset transactions. Trading Platforms N26 unveils revolutionary stocks and ETFs trading platform in Germany News Aggregation Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78097/n26-unveils-revolutionary-stocks-and-etfs-trading-platform-in-germany The company’s foundation on cutting-edge technology allows it to process transactions exceeding €100bn annually. Trading Platforms Digital ETP securities - 3 things you must know! News Team Tuesday, March 19, 2024 12:00 am https://fintech.managersofwealth.com/article/77926/digital-etp-securities-3-things-you-must-know These pioneering securities offer a fresh perspective for investors seeking cost-effective and efficient ways to diversify their portfolios. Trading Platforms Colombian payments orchestration platform Yuno raises $25m News Aggregation Team Thursday, March 07, 2024 12:00 am https://fintech.managersofwealth.com/article/77785/colombian-payments-orchestration-platform-yuno-raises-25m Clients get one-click checkout modifications, smart routing, and the integration of information from all payment processors and anti-fraud tools into a unified interface. Trading Platforms UK money management app Plum raises £16.1m investment News Aggregation Team Tuesday, July 23, 2024 1:00 am https://fintech.managersofwealth.com/article/79398/uk-money-management-app-plum-raises-amppound161m-investment This figure is larger than the £1 million raised through its last crowdfunding campaign in October 2022 Alternative Investments TILLIT adds five new funds to platform News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79311/tillit-adds-five-new-funds-to-platform The TILLIT Investment Committee has confirmed and onboarded five new funds to the TILLIT Universe. Alternative Investments Asset management reporting SaaS Instinct Digital closes £5M Series A News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79295/asset-management-reporting-saas-instinct-digital-closes-amppound5m-series-a Rising efficiency pressures coupled with new regulatory demands pose additional challenges for asset managers when it comes to reporting. Alternative Investments Sygnum launches Connect 24/7 Multi-Asset Instant Settlement Network News Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79261/sygnum-launches-connect-247-multi-asset-instant-settlement-network Sygnum Connect fills the current industry gap for a complete solution that delivers the capital efficiency, on-demand liquidity Alternative Investments Challenger bank Griffin certified as B Corporation following “rigorous verification process” News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79265/challenger-bank-griffin-certified-as-b-corporation-following-ampldquorigorous-verification-processamprdquo This development comes after it secured a full UK banking licence from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in March Alternative Investments Canoe Intelligence bags $36m Series C led by Goldman Sachs News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79250/canoe-intelligence-bags-36m-series-c-led-by-goldman-sachs Founded in 2017, Canoe currently services over 325 institutional investors, capital allocators, wealth managers and asset-servicing firms with its cloud-based alternative investments platform. Alternative Investments Key takeaways from the INREV North American Conference 2024 News Team Tuesday, July 09, 2024 1:00 am https://fintech.managersofwealth.com/article/79232/key-takeaways-from-the-inrev-north-american-conference-2024 Every market has been affected by the current shifting investment landscape rippling across the globe. Alternative Investments Why is tokenisation of trade finance transformative for investors? News Aggregation Team Monday, July 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79215/why-is-tokenisation-of-trade-finance-transformative-for-investors Standard Chartered and Synpulse paper explains why digital assets are critical to addressing financing requirements of companies Alternative Investments AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables News Aggregation Team Monday, July 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79216/autorek-and-jp-morgan-payments-partner-on-insurance-company-receivables The solution helps these firms enhance their cash allocation, matching and credit control. Alternative Investments Netevia secures up to $120m in debt financing from WhiteHorse Capital News Aggregation Team Monday, July 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79219/netevia-secures-up-to-120m-in-debt-financing-from-whitehorse-capital The company says the new funding “consists of various debt facilities designated to complete key acquisitions, rollout new products and execute on strategic initiatives”. Alternative Investments Data shows decrease in late-stage climate tech funding News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79246/data-shows-decrease-in-late-stage-climate-tech-funding This marked the first overall decrease in deal activity, with the total deal count dropping by 3% compared to last year. Planet SOS ING mobile app to show CO2 emissions of customer transactions News Aggregation Team Monday, June 17, 2024 1:00 am https://fintech.managersofwealth.com/article/78949/ing-mobile-app-to-show-co2-emissions-of-customer-transactions In addition to insight into their CO2 emissions, customers also receive tips to reduce their emissions and a comparison is made with the average CO2 emissions of the Dutch. Planet SOS ERM expands APAC presence with Energetics acquisition News Aggregation Team Friday, June 07, 2024 1:00 am https://fintech.managersofwealth.com/article/78849/erm-expands-apac-presence-with-energetics-acquisition With a workforce of around 100 professionals, Energetics offers tailored services Planet SOS ABN Amro invests in all-female founded climate-tech fund Blume Equity News Team Monday, June 03, 2024 1:00 am https://fintech.managersofwealth.com/article/78780/abn-amro-invests-in-all-female-founded-climate-tech-fund-blume-equity Blume Equity LLP is a London- and Amsterdam-based growth equity firm. Planet SOS SocGen promises sustainable transaction banking News Team Monday, June 03, 2024 1:00 am https://fintech.managersofwealth.com/article/78781/socgen-promises-sustainable-transaction-banking The Framework focuses on sustainable GTB solutions Planet SOS UK climate FinTech ekko raises $2.5m funding round News Aggregation Team Friday, May 17, 2024 1:00 am https://fintech.managersofwealth.com/article/78595/uk-climate-fintech-ekko-raises-25m-funding-round As part of this, ekko will be bringing leading industry experts to support international expansion and product development. Planet SOS XTCC pioneers first Shariah-compliant carbon credit investment ecosystem News Aggregation Team Thursday, May 16, 2024 1:00 am https://fintech.managersofwealth.com/article/78581/xtcc-pioneers-first-shariah-compliant-carbon-credit-investment-ecosystem The introduction of this Shariah-compliant investment option marks a significant step towards integrating traditional Islamic finance with global efforts to combat climate change. Planet SOS Fils forges alliance with Arab Financial Services News Team Monday, May 13, 2024 1:00 am https://fintech.managersofwealth.com/article/78534/fils-forges-alliance-with-arab-financial-services The collaboration marks a significant step towards fostering sustainable practices and driving climate action across industries in the region. Planet SOS Cloud mining offers opportunity to investors to make $1,000 a day News Aggregation Team Tuesday, May 07, 2024 1:00 am https://fintech.managersofwealth.com/article/78454/cloud-mining-offers-opportunity-to-investors-to-make-1000-a-day New opportunities in cloud mining present never-before-seen opportunities for investors. Planet SOS Cogo to use Bantonal network to market carbon tracking tech in the US News Team Tuesday, May 07, 2024 1:00 am https://fintech.managersofwealth.com/article/78466/cogo-to-use-bantonal-network-to-market-carbon-tracking-tech-in-the-us Bantotal currently works with 75 banking clients in the region, while Cogo has extensive experience integrating carbon management solutions into banks, working with 20 banks across Europe and APAC. Planet SOS