Managers of Wealth - Fintech https://fintech.managersofwealth.com/ Wed, 17 Jul 2024 13:20:39 BST part of MediaG8way Group https://fintech.managersofwealth.com/ https://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP 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 Standard Chartered Bank Hong Kong transforms digital wealth management with myWealth Direct News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79303/standard-chartered-bank-hong-kong-transforms-digital-wealth-management-with-mywealth-direct At the beginning of 2020, the Wealth Management division of Standard Chartered Bank kickstarted an ambitious journey to scale up its digital advisory platform capabilities. Wealth & Asset Management Wealth managers grapple with long client onboarding times, study shows News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79310/wealth-managers-grapple-with-long-client-onboarding-times-study-shows The experience of wealth management professionals varies between the UK and the other markets included in the survey. Wealth & Asset Management Carmignac launches tech equity fund News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79312/carmignac-launches-tech-equity-fund Carmignac Portfolio Tech Solutions, as the new fund is known will use a blended investment approach, mixing a growth-focused investment strategy with value opportunities. Wealth & Asset Management Zug wealthtech firms merge to enhance AI offering News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79293/zug-wealthtech-firms-merge-to-enhance-ai-offering Etops Group has merged with sales intelligence firm Selli. Wealth & Asset Management Objectway scores a hat-trick in Private Banking and Investment Management from IBS Intelligence News Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79294/objectway-scores-a-hat-trick-in-private-banking-and-investment-management-from-ibs-intelligence Objectway maintains its leading position in the IBS Intelligence Sales League Table Wealth & Asset Management Thought Machine and Quantifeed partner to modernize banking News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79297/thought-machine-and-quantifeed-partner-to-modernize-banking Thought Machine is known for delivering modern, cloud-native core and payment technology to retail and commercial banks worldwide. Wealth & Asset Management What is all the noise about AI wealth managers? News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79299/what-is-all-the-noise-about-ai-wealth-managers This surge in AI adoption is not merely anecdotal. Wealth & Asset Management Envestnet 2024 Advisor Survey Highlights What's Top Of Mind For Advisors As They Future-proof Their Business News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79252/envestnet-2024-advisor-survey-highlights-whatamp039s-top-of-mind-for-advisors-as-they-future-proof-their-business Opportunities Include Offering Holistic Advice, A Fee-Based Future, All-In-One WealthTech, And Tackling The Organic Growth Imperative Wealth & Asset Management Bitcoin ETF launches transform crypto investing: Nickel Digital Asset Management News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79260/bitcoin-etf-launches-transform-crypto-investing-nickel-digital-asset-management Its study with organisations already invested in the sector found 77 per cent expect the flow of funds into bitcoin ETFs to increase over the next 12 months with 13 per cent predicting dramatic increases. Wealth & Asset Management UnionDigital President and CEO Henry Aguda Resigns; Danilo Mojica II to Succeed News Aggregation Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79323/uniondigital-president-and-ceo-henry-aguda-resigns-danilo-mojica-ii-to-succeed In addition to his role at UnionDigital, Henry has also resigned as senior executive vice president of Union Bank of the Philippines. Executive Moves Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO News Aggregation Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79326/digital-challenger-inter-promotes-svp-alexandre-riccio-to-brazil-ceo During his time at the company, Riccio has held several leadership roles, including SVP, where he was tasked with managing Inter’s Brazilian Retail Banking division prior to his recent promotion. Executive Moves Anne Boden quits Starling for new AI venture News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79316/anne-boden-quits-starling-for-new-ai-venture After spending a year sitting on the board as a non-executive director, Boden has now quit to form a new startup, AI by Boden, a company she registered last year. Executive Moves Capco names UK managing partner News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79317/capco-names-uk-managing-partner Prior to that role, Paul was Chief Commercial Officer and a member of the Executive Committee at Metro Bank. Executive Moves Skipify names former Airbnb Payments chief as new COO News Aggregation Team Friday, July 12, 2024 1:00 am https://fintech.managersofwealth.com/article/79269/skipify-names-former-airbnb-payments-chief-as-new-coo The new COO, based in San Francisco, will be expected to leverage his “two decade long celebrated track record driving product innovation in digital commerce and payments” to satisfy this remit, according to the paytech’s statement. Executive Moves Clear Street names former CBOE chief as new president News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79248/clear-street-names-former-cboe-chief-as-new-president “The time is right for us to welcome Ed to the executive team as we continue to super-charge our growth plans and take Clear Street to the next level,” he comments. Executive Moves BIS announces Secretary General and Innovation Hub leadership appointments News Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79249/bis-announces-secretary-general-and-innovation-hub-leadership-appointments In her new role, Ms Sani will head the General Secretariat, one of the Bank's four main departments. Executive Moves Iress appoints Executive Managing Director UK News Team Tuesday, July 09, 2024 1:00 am https://fintech.managersofwealth.com/article/79221/iress-appoints-executive-managing-director-uk In his new role as Executive Managing Director - UK he assumes day-to-day leadership and oversight of Iress’ UK business strategy and financial outcomes. Executive Moves Saffery Trust announces six promotions in Guernsey News Team Tuesday, July 09, 2024 1:00 am https://fintech.managersofwealth.com/article/79230/saffery-trust-announces-six-promotions-in-guernsey The promotions include Guernsey’s Rory Jones appointed as Manager in the Digital Asset and Cryptocurrency team, which has more than doubled in size since its formation. Executive Moves AWS Singapore tech head joins bank spending $5bn on technology News Aggregation Team Tuesday, July 09, 2024 1:00 am https://fintech.managersofwealth.com/article/79233/aws-singapore-tech-head-joins-bank-spending-5bn-on-technology Mulligan was part of a wave of banking technologists who left for AWS amidst the boom of cloud technology. Executive Moves UK regulators seek feedback on Big Tech digital wallets News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79304/uk-regulators-seek-feedback-on-big-tech-digital-wallets Nikhil Rathi, chief executive, FCA, says: "The UK is seeing a seismic shift in how people pay, as digital wallets become a part of everyday life for many people. Legal,Regulation,Tax & Compliance Expedia releases new credit cards in collaboration with Wells Fargo and Mastercard News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79309/expedia-releases-new-credit-cards-in-collaboration-with-wells-fargo-and-mastercard The new credit cards will enhance our unique travel rewards program that lets members earn and redeem OneKeyCash across eligible Expedia, Hotels.com, and Vrbo bookings. Legal,Regulation,Tax & Compliance PayPoint issues warning over unauthorised cheque fraud News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79319/paypoint-issues-warning-over-unauthorised-cheque-fraud For added security the service performs a Confirmation of Payee (CoP) check requiring the recipient’s name to match that on the name on the bank account holder before the payment is transferred. Legal,Regulation,Tax & Compliance AI Act written into EU law as compliance clock ticks News Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79285/ai-act-written-into-eu-law-as-compliance-clock-ticks The AI Act cleared the legislative process in May, ahead of the European Parliament elections, and has now been published in the Official Journal of the EU. Legal,Regulation,Tax & Compliance BSP Cautions Public About AI-Driven Crypto Scams on Social Media News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79289/bsp-cautions-public-about-ai-driven-crypto-scams-on-social-media The public is also encouraged to verify the authenticity of social media posts and report any suspicious activities. Legal,Regulation,Tax & Compliance European Council prepares for debate on copyright under AI Act News Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79296/european-council-prepares-for-debate-on-copyright-under-ai-act The meeting took place last week was intended to offer the chance to exchange views on copyright and AI and the possible need for regulatory action. Legal,Regulation,Tax & Compliance Germany Threatens Fintech Solaris With Fines Over Slow Fixes News Aggregation Team Friday, July 12, 2024 1:00 am https://fintech.managersofwealth.com/article/79277/germany-threatens-fintech-solaris-with-fines-over-slow-fixes While the regulator relaxed measures this year for some of the firms, it has warned that the pressure won’t let up for those that don’t improve controls. Legal,Regulation,Tax & Compliance Lithuania fines crypto firm EUR9.3m for Russia sanctions violations News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79253/lithuania-fines-crypto-firm-eur93m-for-russia-sanctions-violations In a statement, the FNTT says "the identities of the company's customers were not properly determined and checked intentionally, in order not to lose a significant part of the income". Legal,Regulation,Tax & Compliance Dubai Chambers and VFS Global Sign MoU to Accelerate Trade and Investment Opportunities News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79256/dubai-chambers-and-vfs-global-sign-mou-to-accelerate-trade-and-investment-opportunities Our cooperation with VFS Global will enhance the competitiveness of Dubai’s private sector by facilitating smoother entry into global markets. Legal,Regulation,Tax & Compliance Crypto payment service Payeer hit with record $10M fine in Lithuania News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79267/crypto-payment-service-payeer-hit-with-record-10m-fine-in-lithuania Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks. Legal,Regulation,Tax & Compliance Tiger Global explores $500m Revolut share deal - Sky News News Aggregation Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79324/tiger-global-explores-500m-revolut-share-deal-sky-news Last month it emerged that Revolut is working with Morgan Stanley to sell about $500 million worth of existing shares, including those held by employees, to reach the $40 billion valuation. Retail Banking GoCardless and ICE InsureTech Deliver Improved Digital Payment Experiences for Insurance Sector News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79306/gocardless-and-ice-insuretech-deliver-improved-digital-payment-experiences-for-insurance-sector The new partnership will allow ICE customers to benefit from automated payment collection and reconciliation. Retail Banking Payit by NatWest comes to JD Wetherspoon News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79307/payit-by-natwest-comes-to-jd-wetherspoon This new payment option enables customers to complete in-app orders quickly Retail Banking Real-Time Payments Surge in the Philippines News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79308/real-time-payments-surge-in-the-philippines It highlights continued growth in the Philippines, with 777 million real-time transactions 2023 and a forecasted 1.5 billion instant transactions by 2028. Retail Banking Temenos and Visa team up to bring Visa money movement solutions to banks via Temenos Exchange News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79313/temenos-and-visa-team-up-to-bring-visa-money-movement-solutions-to-banks-via-temenos-exchange Integration with Temenos Payments Hub will enable banks to incorporate Visa’s payment capabilities and consolidate them with other payment services on the single Temenos platform Retail Banking Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79318/jordan-kuwait-bank-partners-mastercard-and-foo-to-launch-multicurrency-prepaid-wallet-offering JKB says the new offering will enable its customers to “gain the opportunity to transfer money swiftly across borders”. Retail Banking Financial Inclusion and the Rise of QR Payments in Asia News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79291/financial-inclusion-and-the-rise-of-qr-payments-in-asia These developments significantly boosted the popularity of QR code payments in China Retail Banking OpenPayd Enables Clients in Brazil to Use Pix Creating a More Agile Payments Experience News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79292/openpayd-enables-clients-in-brazil-to-use-pix-creating-a-more-agile-payments-experience It’s now one of the most used real-time electronic transfer systems in the world, second only to India’s United Payments Interface. Retail Banking Tonik Financial Customer Deposits Decline as Interest Income Triples News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79300/tonik-financial-customer-deposits-decline-as-interest-income-triples CEO and founder Greg Krasnov told DealStreetAsia that the firm does not need to expand its deposit portfolio and expects it to remain stable this year as the loan portfolio catches up with deposits. Retail Banking BNP Paribas signs wide-ranging payments deal with Ant International News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79301/bnp-paribas-signs-wide-ranging-payments-deal-with-ant-international The two sides also agreed to work together to strengthen WorldFirst’s participation in the Single Euro Payments Area (Sepa) scheme. Retail Banking A decade of decentralisation: Lessons from the last 10 years as digital assets prepare to go mainstream News Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79322/a-decade-of-decentralisation-lessons-from-the-last-10-years-as-digital-assets-prepare-to-go-mainstream 2024 marks 10 years since decentralisation was first developed. Bitcoin, Blockchain & AI Gesa Credit Union Joins Metal Blockchain's Banking Innovation Program News Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79327/gesa-credit-union-joins-metal-blockchainamp039s-banking-innovation-program The Banking Innovation Program by Metal Blockchain enables institutions like Gesa Credit Union to navigate and adopt customized blockchain solutions Bitcoin, Blockchain & AI Blockchain-powered clearing and settlement fintech Partior raises more than $60m in Series B funding News Aggregation Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79305/blockchain-powered-clearing-and-settlement-fintech-partior-raises-more-than-60m-in-series-b-funding The fresh funding will be used to add support for additional currencies Bitcoin, Blockchain & AI Dentons partners with Intanify to offer innovative AI-powered IP risk analysis service News Team Tuesday, July 16, 2024 1:00 am https://fintech.managersofwealth.com/article/79314/dentons-partners-with-intanify-to-offer-innovative-ai-powered-ip-risk-analysis-service The platform now supports accelerated IP audit and due diligence processes for companies and IP professionals. Bitcoin, Blockchain & AI Bank-backed DLT-based payments network Partior raises $60m News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79286/bank-backed-dlt-based-payments-network-partior-raises-60m Partior, has its roots in project Ubin, a blockchain-based prototype for multi-currency payments developed by the Monetary Authority of Singapore in partnership with JPMorgan and Temasek. Bitcoin, Blockchain & AI Bitcoin Retakes $62K as 'Trump Trades' Back In Vogue After Weekend Attack News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79287/bitcoin-retakes-62k-as-amp039trump-tradesamp039-back-in-vogue-after-weekend-attack The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said. Bitcoin, Blockchain & AI Harnessing the power of AI in asset management News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79298/harnessing-the-power-of-ai-in-asset-management UOBAM has for some years shown a commitment to technology-driven customer services and business initiatives. Bitcoin, Blockchain & AI Wirex and Visa expand partnership to drive Web3 payments adoption News Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79302/wirex-and-visa-expand-partnership-to-drive-web3-payments-adoption This collaboration will explore new opportunities to leverage and integrate innovative Visa cards and reduce friction in payment experiences. Bitcoin, Blockchain & AI Immersive technology, blockchain and AI are converging — and reshaping our world News Aggregation Team Friday, July 12, 2024 1:00 am https://fintech.managersofwealth.com/article/79270/immersive-technology-blockchain-and-ai-are-converging-ampmdash-and-reshaping-our-world Achieving seamless integration of this technology trio requires collaboration among businesses, technologists, policymakers and the public to ensure positive societal and economic impact. Bitcoin, Blockchain & AI UAE’s Artificial Intelligence Office, Mastercard and First Abu Dhabi Bank launch joint AI Challenge News Team Friday, July 12, 2024 1:00 am https://fintech.managersofwealth.com/article/79276/uaeamprsquos-artificial-intelligence-office-mastercard-and-first-abu-dhabi-bank-launch-joint-ai-challenge The competition will culminate in a pitch day, where finalists will be assessed by a panel of experts from the three partners. Bitcoin, Blockchain & AI 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 EPI launches wero wallet in Germany News Aggregation Team Wednesday, July 03, 2024 1:00 am https://fintech.managersofwealth.com/article/79152/epi-launches-wero-wallet-in-germany The wallet will be available in Belgium by the end of July for KBC customers before arriving in France this Autumn and coming to all EPI bank members within the next six months. Mobile Banking Swiss4 leverages Marqeta’s tech to launch a unique financial application in Switzerland News Aggregation Team Wednesday, July 03, 2024 1:00 am https://fintech.managersofwealth.com/article/79156/swiss4-leverages-marqetaamprsquos-tech-to-launch-a-unique-financial-application-in-switzerland The newly introduced application by Swiss4 integrates a range of services Mobile Banking NAB suffers internet banking outage News Aggregation Team Tuesday, July 02, 2024 1:00 am https://fintech.managersofwealth.com/article/79133/nab-suffers-internet-banking-outage NAB said at 10pm on Monday that the issues had been resolved. Mobile Banking Major Banks Suffer Online Banking Outages News Aggregation Team Tuesday, July 02, 2024 1:00 am https://fintech.managersofwealth.com/article/79136/major-banks-suffer-online-banking-outages According to Nationwide, there were also some delays with salary and pension payments being processed and paid into accounts. Mobile Banking 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 Why fintech upstarts have failed to unseat UK banks News Aggregation Team Friday, May 31, 2024 1:00 am https://fintech.managersofwealth.com/article/78757/why-fintech-upstarts-have-failed-to-unseat-uk-banks The company, barely three years old at the time, also set a “long-term goal” of reaching a billion customers worldwide. Comment & Analysis One year in: Lessons learned in scaling up generative AI for financial services News Team Thursday, May 30, 2024 1:00 am https://fintech.managersofwealth.com/article/78743/one-year-in-lessons-learned-in-scaling-up-generative-ai-for-financial-services The arrival of gen AI has been an intense ride. With a year of experimentation by financial institutions in hand, two of McKinsey’s experts on gen AI in banking share key learnings to scale and deploy programs more effectively. Comment & Analysis Tech theme will broaden in last half of 2024 News Aggregation Team Thursday, May 30, 2024 1:00 am https://fintech.managersofwealth.com/article/78748/tech-theme-will-broaden-in-last-half-of-2024 Payment services and networks are also essential parts of the technology stack for e-commerce and omnichannel retail. Comment & Analysis 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 Five ways banks can mitigate a catastrophic cybersecurity event News Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79243/five-ways-banks-can-mitigate-a-catastrophic-cybersecurity-event This is at least partly due to the pandemic, which spurred a rapid transition to remote work and accelerated the move towards digital transformation. Cyber Security TrustID and IDVerse forge partnership to enhance digital identity security News Aggregation Team Monday, July 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79207/trustid-and-idverse-forge-partnership-to-enhance-digital-identity-security Through this partnership, TrustID will incorporate IDVerse’s technology to improve the security features of its services Cyber Security NatWest takes digital ID to the Nordics News Aggregation Team Monday, July 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79218/natwest-takes-digital-id-to-the-nordics NatWest first introduced OneID to streamline its Customer Attribute Sharing service for business in the UK last year. Cyber Security Jersey Cyber Security Centre launches new website to help Islanders protect against cyber security threats News Aggregation Team Friday, July 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79196/jersey-cyber-security-centre-launches-new-website-to-help-islanders-protect-against-cyber-security-threats JCSC was originally named CERT.JE: the organisation name was changed to reflect the organisation’s role in preventing – as well as responding to – cyber attacks. Cyber Security Jersey Cyber Security Centre launches new website to help Islanders protect against cyber security threats News Aggregation Team Friday, July 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79197/jersey-cyber-security-centre-launches-new-website-to-help-islanders-protect-against-cyber-security-threats JCSC was originally named CERT.JE: the organisation name was changed to reflect the organisation’s role in preventing – as well as responding to – cyber attacks. Cyber Security Cyberattacks to increase as technology aids criminals News Aggregation Team Friday, July 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79198/cyberattacks-to-increase-as-technology-aids-criminals Mr Benevides said the digitised economy had increased the “attack surface” for cybercriminals. Cyber Security GovSky unveils revolutionary platform to enhance cybersecurity compliance News Aggregation Team Wednesday, July 03, 2024 1:00 am https://fintech.managersofwealth.com/article/79154/govsky-unveils-revolutionary-platform-to-enhance-cybersecurity-compliance The company’s expertise is deeply rooted in its founding team, comprised of seasoned compliance and security experts who are dedicated to reducing the compliance burden on businesses. Cyber Security Relm joins forces with cybersecurity provider News Aggregation Team Tuesday, July 02, 2024 1:00 am https://fintech.managersofwealth.com/article/79145/relm-joins-forces-with-cybersecurity-provider Relm's insureds can now tap into SideChannel's deep cybersecurity consulting and risk management services, eliminating the need for a full-time employee Cyber Security Risks of AI-enabled academic misconduct flagged in new study News Team Monday, July 01, 2024 1:00 am https://fintech.managersofwealth.com/article/79129/risks-of-ai-enabled-academic-misconduct-flagged-in-new-study The study, described by the institution as “the largest and most robust blind study of its kind, to date” 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 Global Class Action Mega-Settlements Smash Four-Year Average by Over 87% New Broadridge Report Shows News Team Friday, February 16, 2024 12:00 am https://fintech.managersofwealth.com/article/77558/global-class-action-mega-settlements-smash-four-year-average-by-over-87-new-broadridge-report-shows Expansion of Opt-in Jurisdictions and Increasing Prevalence of Collective Investor Global Actions Among Top 2023 Trends Research Bermuda’s Relm announces venture with Israel’s CyVers News Aggregation Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79321/bermudaamprsquos-relm-announces-venture-with-israelamprsquos-cyvers Relm said the CyVers platform was built to address complex security challenges such as scams, fraud and compliance threats unique to Web3. Innovation & Startups Global Finance Names The World’s Best Financial Innovation Labs 2024 News Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79325/global-finance-names-the-worldamprsquos-best-financial-innovation-labs-2024 The Innovators 2024 is Global Finance’s twelfth annual awards competition Innovation & Startups TBC Bank Uzbekistan lands $38.2m equity investment News Aggregation Team Monday, July 15, 2024 1:00 am https://fintech.managersofwealth.com/article/79288/tbc-bank-uzbekistan-lands-382m-equity-investment In addition, Group CEO Vakhtang Butskhrikidze says that a portion of the funds have been earmarked to launch new “AI-enabled capabilities” to help the bank deliver an enhanced customer experience. Innovation & Startups Brokerage-as-a-service platform lemon.markets raises €12m News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79257/brokerage-as-a-service-platform-lemonmarkets-raises-ampeuro12m In March the startup went live in cooperation with Deutsche Bank, BNP Paribas, and Tradegate. Financial education app beatvest signed on as a customer to offer ETF investments for its B2C customers. Innovation & Startups America First Credit Union taps Loquat for small business onboarding solution News Aggregation Team Thursday, July 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79259/america-first-credit-union-taps-loquat-for-small-business-onboarding-solution These include virtual debit and credit card offerings, as well as payment and lending solutions. Innovation & Startups Cyemptive Technologies Announces Liaison Partnership with Netherlands-based Partnership for Cyber Security Innovation News Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79237/cyemptive-technologies-announces-liaison-partnership-with-netherlands-based-partnership-for-cyber-security-innovation PCSI is an open innovation platform that aims to make Dutch society more secure and resilient against future cyber-attacks. Innovation & Startups Stillman Digital Bermuda sold News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79238/stillman-digital-bermuda-sold The parties said they intend to enter into a definitive agreement in respect of the acquisition by July 31. Innovation & Startups Transforming banks for the digital age – Navigating the evolution from brick-and-mortar to digital News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79239/transforming-banks-for-the-digital-age-ampndash-navigating-the-evolution-from-brick-and-mortar-to-digital In this composition, we’ll claw into the complications of this transition, exploring the provocations behind it, the benefits it brings, and the challenges it entails. Innovation & Startups Pioneering genius and the ongoing quest for inclusive innovation News Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79247/pioneering-genius-and-the-ongoing-quest-for-inclusive-innovation Even after the war, he made lasting contributions to the fields of mathematics, biology and what would eventually be called Artificial Intelligence. Innovation & Startups Phos partners with Shift4 to bolster merchant acquiring in Europe News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79251/phos-partners-with-shift4-to-bolster-merchant-acquiring-in-europe “Shift4 is at the forefront of streamlined digital payments innovation in Europe 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 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 Fintel snaps up Threesixty from Abrdn in £14.6m deal News Aggregation Team Friday, July 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79201/fintel-snaps-up-threesixty-from-abrdn-in-amppound146m-deal Threesixty is the latest addition to Fintel’s expanding portfolio. 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