Managers of Wealth - Fintech https://fintech.managersofwealth.com/ Sun, 14 Apr 2024 01:35:08 BST part of MediaG8way Group https://fintech.managersofwealth.com/ https://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Wealth Management tech solution wins at WealthBriefing European Awards News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78170/wealth-management-tech-solution-wins-at-wealthbriefing-european-awards Laserfiche enables organisations to digitalise their business processes and manage their files effectively Wealth & Asset Management Evolving Trends in Outsourcing Models for Wealth and Asset Management Firms: Objectway’s Response to Growing Client Interest News Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78171/evolving-trends-in-outsourcing-models-for-wealth-and-asset-management-firms-objectwayamprsquos-response-to-growing-client-interest Firms must consider their operational capacity, skills, return on investment, and the desired level of client engagement. Wealth & Asset Management London-based Avenir secures €487k pre-seed to disrupt wealth management with personalisation News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78151/london-based-avenir-secures-ampeuro487k-pre-seed-to-disrupt-wealth-management-with-personalisation With this funding, we’re poised to disrupt the £1.2 trillion in assets under management within the wealth management sector in the UK Wealth & Asset Management Wealth apps: improving the digital experience for your wealth management clients News Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78126/wealth-apps-improving-the-digital-experience-for-your-wealth-management-clients Our own results demonstrate that enhanced client-facing texting and messaging services can increase front office productivity by 25% while boosting client-facing time by 5–10% through enhanced collaboration. Wealth & Asset Management Technology And Private Markets: The Changing Family Office Approach News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78127/technology-and-private-markets-the-changing-family-office-approach With the growth of family offices worldwide, technologies enabling access to private markets as an asset class have been quick to capitalise on an emerging opportunity. Wealth & Asset Management How ByAllAccounts is empowering wealthtechs News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78131/how-byallaccounts-is-empowering-wealthtechs Costello pointed out that the absence of such connectors leads to bottlenecks impeding the efficiency of operations and innovation efforts. Wealth & Asset Management Objectway continues its streak in the WealthTech100 for the sixth consecutive year News Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78118/objectway-continues-its-streak-in-the-wealthtech100-for-the-sixth-consecutive-year Chosen by a distinguished panel of analysts and industry experts Wealth & Asset Management Wealth managers predict tokenisation adoption of funds over next five years News Aggregation Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78104/wealth-managers-predict-tokenisation-adoption-of-funds-over-next-five-years Both wealth managers and institutional investors showed similar strong predictions about the impact of decentralised finance (DeFi) solutions on traditional finance institutions. Wealth & Asset Management The top three challenges for German financial companies in 2024 News Team Wednesday, April 03, 2024 1:00 am https://fintech.managersofwealth.com/article/78088/the-top-three-challenges-for-german-financial-companies-in-2024 Banks must quickly reinvent wealth management to avoid remaining at today's low profitability levels Wealth & Asset Management 6th annual WealthTech100 names the companies you can’t afford to miss News Aggregation Team Wednesday, April 03, 2024 1:00 am https://fintech.managersofwealth.com/article/78089/6th-annual-wealthtech100-names-the-companies-you-canamprsquot-afford-to-miss The rise of digital services has revolutionised individuals’ preferences in managing finances Wealth & Asset Management Insurtech bolt appoints CFO, North America News Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78198/insurtech-bolt-appoints-cfo-north-america More joins from ThoughtSpot Executive Moves Broadridge Names Chief Legal Officer News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78184/broadridge-names-chief-legal-officer Additionally, she will serve on the Broadridge Foundation Board, Risk Committee, and Environmental, Social, and Governance (ESG) Committee. Executive Moves Abacus Group appoints CEO News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78183/abacus-group-appoints-ceo Anthony’s track record in developing and executing a plan for growth is exceptional Executive Moves Pomelo names Steve Vickers CEO News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78188/pomelo-names-steve-vickers-ceo Vickers succeeds Vincent Choi, Pomelo Group’s co-founder, who is stepping down as CEO and joins Pomelo’s strategic advisory board. Executive Moves Ex-PayPal CEO joins Valor Capital News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78189/ex-paypal-ceo-joins-valor-capital Schulman will bring his experience and expertise to the fund and its portfolio of companies Executive Moves Georgio Anastasi appointed as chief financial officer of FullCircl News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78166/georgio-anastasi-appointed-as-chief-financial-officer-of-fullcircl His career is decorated with senior financial roles across several dynamic organisations. Executive Moves UAE’s GTN names former Saxo Bank exec Damian Bunce as new Middle East CEO News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78148/uaeamprsquos-gtn-names-former-saxo-bank-exec-damian-bunce-as-new-middle-east-ceo Its new regional CEO brings more than three decades of experience in forex and online securities trading within the brokerage and investment banking sectors. Executive Moves Frank Troise Joins Broadridge to Lead Trading and Connectivity Solutions Business News Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78135/frank-troise-joins-broadridge-to-lead-trading-and-connectivity-solutions-business His appointment comes on the heels of recent Broadridge milestones, including the launch of its Futures and Options platform. Executive Moves Provenir name senior sales exec, Middle East, Africa, and Turkey News Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78102/provenir-name-senior-sales-exec-middle-east-africa-and-turkey This appointment reflects the company's growing success and rising demand for its products and services across the region. Executive Moves Oppenheimer & Co names director of equity research News Aggregation Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78109/oppenheimer-ampamp-co-names-director-of-equity-research Oppenheimer & Co welcomes a new director of equity research to their team. Executive Moves Hong Kong set to approve first crypto ETF News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78185/hong-kong-set-to-approve-first-crypto-etf The SFC has already granted approval to Harvest and CAM to provide virtual-asset related fund management services. Legal,Regulation,Tax & Compliance Encompass, Innovate Finance and City of London launch new RegTech initiative News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78186/encompass-innovate-finance-and-city-of-london-launch-new-regtech-initiative The formation of this platform and the introduction of the RegTech Test were timed to coincide with the UK FinTech Week Legal,Regulation,Tax & Compliance Fintech Revolut receives Mexican banking authorization, eyes expansion News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78160/fintech-revolut-receives-mexican-banking-authorization-eyes-expansion The company aims to facilitate cross-border remittances for Mexican customers. Legal,Regulation,Tax & Compliance Nuvei receives Singapore MPI license News Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78163/nuvei-receives-singapore-mpi-license The MPI license complements Nuvei’s expansion across APAC Legal,Regulation,Tax & Compliance What Regulatory Challenges Should Banks and Fintechs be Aware of When Leveraging BaaS? News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78146/what-regulatory-challenges-should-banks-and-fintechs-be-aware-of-when-leveraging-baas Fintech companies using BaaS need to ensure that their services comply with these regulations to prevent legal and financial repercussions. Legal,Regulation,Tax & Compliance China central bank launches $70bn tech lending programme News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78140/china-central-bank-launches-70bn-tech-lending-programme Under the terms of the programme, loans will last for one year and can be extended twice for a a year at a time. Legal,Regulation,Tax & Compliance Microsoft faces CompCom complaint as cloud probes grow News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78113/microsoft-faces-compcom-complaint-as-cloud-probes-grow Regulator to raise concerns over Azure’s switching costs. Legal,Regulation,Tax & Compliance Google sues crypto scammers using Play Store to lure victims News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78121/google-sues-crypto-scammers-using-play-store-to-lure-victims Once on the investment apps, fraudsters would convince users that they could gain money through investments Legal,Regulation,Tax & Compliance South Korea implements tougher rules for crypto exchange listings News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78124/south-korea-implements-tougher-rules-for-crypto-exchange-listings However, tokens listed on a licensed exchange for over two years may not need to meet these new criteria. Legal,Regulation,Tax & Compliance EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78125/eu-watchdog-says-reordering-blockchain-transactions-might-be-market-abuse-industry-says-itamp039s-not MEV is often called an "invisible tax" on users Legal,Regulation,Tax & Compliance SurePay joins Temenos Exchange partner ecosystem News Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78197/surepay-joins-temenos-exchange-partner-ecosystem The integration with Temenos and availability on Temenos Exchange allows banks to easily deploy SurePay solutions on top of their Temenos core banking system. Retail Banking Mastercard to realign organisational structure with three new divisions News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78201/mastercard-to-realign-organisational-structure-with-three-new-divisions The division will encompass core payments, associated products and platforms, and the enterprise’s full suite of real-time payments services. Retail Banking Payments Providers: Delivering Flexibility to Customers News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78144/payments-providers-delivering-flexibility-to-customers By providing seamless integration, not only do payments providers boost their prospects of growing their customer base, but they can also help drive the development of all-in-one operational ecosystems. Retail Banking CAB Payments to expand into the EEA after securing European PSP licence News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78132/cab-payments-to-expand-into-the-eea-after-securing-european-psp-licence With the new licence, CAB Payments Europe will be able to provide services in the Netherlands and also utilise passporting rights to expand its solutions throughout the EEA. Retail Banking MoneyGram and Tencent partner on remittances to Weixin Pay wallet users across China News Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78133/moneygram-and-tencent-partner-on-remittances-to-weixin-pay-wallet-users-across-china The partnership enables consumers to send funds through MoneyGram Online Retail Banking Crédit Agricole and Worldline Aspire to Dominate Payment Services for French Merchants With CAWL News Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78137/crampeacutedit-agricole-and-worldline-aspire-to-dominate-payment-services-for-french-merchants-with-cawl CAWL’s solutions will enable merchants to focus on their growth, effectively manage their commercial performance, optimise their sales, and mitigate fraud risks, thus fostering the development of their business activities. Retail Banking Afreximbank Joins Forces With Sterling Bank to Launch Supply Chain Finance Product in Nigeria News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78138/afreximbank-joins-forces-with-sterling-bank-to-launch-supply-chain-finance-product-in-nigeria Under this arrangement, Afreximbank will provide financing to corporates and banks in US Dollars and Euros, while Sterling Bank will manage financing in Nigeria. Retail Banking Network International and Souhoola Enable BNPL Payments at networkpay POS Terminals in Egypt News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78110/network-international-and-souhoola-enable-bnpl-payments-at-networkpay-pos-terminals-in-egypt Network International launched networkpay, it’s direct-to-merchant service in Egypt last year to offer various channels of acceptance including face-to-face payments, digital payments and online payment. Retail Banking Klarna launches data hub with facts on how Brits use its credit products News Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78114/klarna-launches-data-hub-with-facts-on-how-brits-use-its-credit-products UK outstanding credit card debt increased by 9.2% in 2023, reaching an all-time high of almost £70 billion. Retail Banking Ecommpay Capitalises on Direct Debit Popularity: Launches Offering in Partnership With GoCardless News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78120/ecommpay-capitalises-on-direct-debit-popularity-launches-offering-in-partnership-with-gocardless The strategic partnership with GoCardless opens access for Ecommpay merchants to offer subscription-based payments across the UK and Europe. Retail Banking Hong Kong Eyes Potential Crypto Boom Via ETFs News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78193/hong-kong-eyes-potential-crypto-boom-via-etfs As of late, there has been increasing momentum about news related to the green-lighting of spot Bitcoin exchange-traded funds (ETF) in Hong Kong. Bitcoin, Blockchain & AI How high can Ethereum go in the next five years? News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78194/how-high-can-ethereum-go-in-the-next-five-years Several factors can affect its price, like demand, development, competition, and market sentiment Bitcoin, Blockchain & AI GBTC fees will drop when Bitcoin ETFs ‘start to mature’ — Grayscale CEO News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78195/gbtc-fees-will-drop-when-bitcoin-etfs-amplsquostart-to-matureamprsquo-ampmdash-grayscale-ceo Grayscale’s Bitcoin ETF may have the highest fees and outflows compared to the competition, but chief Michael Sonnenshein said he’s happy to wait. Bitcoin, Blockchain & AI Artificial intelligence – The new wave of innovation News Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78200/artificial-intelligence-ampndash-the-new-wave-of-innovation The latest generation of technology has been sweeping headlines for the past year and grabbing investors’ attention. Bitcoin, Blockchain & AI Harnessing GenAI: Strategies for integrating transformative technology in business News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78203/harnessing-genai-strategies-for-integrating-transformative-technology-in-business Despite the prominence of OpenAI’s ChatGPT, the landscape of GenAI models is vast and varied, posing significant selection challenges. Bitcoin, Blockchain & AI Elon Musk Predicts AI Will Surpass Human Intelligence by 2026, Sparking Debate News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78204/elon-musk-predicts-ai-will-surpass-human-intelligence-by-2026-sparking-debate AI is already smarter in some areas and will be smarter than us in more — but not all areas. Bitcoin, Blockchain & AI Solana the ‘most popular Blockchain ecosystem’ in 2024 so far News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78206/solana-the-amplsquomost-popular-blockchain-ecosystemamprsquo-in-2024-so-far Ethereum ranks as the second most popular blockchain with 12.73% of investor interest share. Bitcoin, Blockchain & AI Redefining Payments: Digital Assets and the Future News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78207/redefining-payments-digital-assets-and-the-future Payments providers need to start looking into the future and experimenting with new stores of value. Bitcoin, Blockchain & AI Insurers target crypto market News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78175/insurers-target-crypto-market It is designed to support companies with digital assets held offline in cold storage and other custody services such as multiparty computation. Bitcoin, Blockchain & AI AMINA Bank and Taurus strengthen their partnership News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78178/amina-bank-and-taurus-strengthen-their-partnership At the centre of the collaboration between AMINA and Taurus is the security of digital assets. Bitcoin, Blockchain & AI Kueski Launches In-Store Mobile Payments to Support Underserved Banking Customers in Mexico News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78181/kueski-launches-in-store-mobile-payments-to-support-underserved-banking-customers-in-mexico Kueski explained that the launch could have a significant impact in Mexico, as many locals remain unable to access banking services or a reliable internet connection when shopping in person. Mobile Banking Nubank Partners With Wise; Enters Global Account Market News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78164/nubank-partners-with-wise-enters-global-account-market This comes as part of Nubank’s wider strategy to expand its customer base to include more high-income segments of society. Mobile Banking Firm launches ‘unique’ WhatsApp tool News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78172/firm-launches-amplsquouniqueamprsquo-whatsapp-tool They launched the service after recognising the “difficulty professionals and financial services organisations have with communicating with their clients”. Mobile Banking Embracing Mobile Technology for Success News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78130/embracing-mobile-technology-for-success True enough, mobile devices have metamorphosed into indispensable tools that redefine how markets operate and interact. Mobile Banking Bank of Ireland blames latest glitch on "technical issue" News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78141/bank-of-ireland-blames-latest-glitch-on-ampquottechnical-issueampquot The bank has been hit by a number of technical issues in recent years. Mobile Banking Russia targets Apple over banking apps News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78117/russia-targets-apple-over-banking-apps Earlier this year, the company moved to head off European Commission antitrust charges by offering third-party providers access to the NFC chip technology in iOS devices. Mobile Banking Online shopping surges in Middle East during Ramadan News Team Tuesday, April 02, 2024 1:00 am https://fintech.managersofwealth.com/article/78076/online-shopping-surges-in-middle-east-during-ramadan Overall, in 2023, Checkout.com saw processing volumes of online transactions during Ramadan swell in the region year-on-year by 69%. Between 2021 to 2023, the volume rose by an astounding 143%. Mobile Banking Despite Desires for Digital Tech, Adoption Faces Challenges in Africa News Aggregation Team Monday, April 01, 2024 1:00 am https://fintech.managersofwealth.com/article/78055/despite-desires-for-digital-tech-adoption-faces-challenges-in-africa The adoption of technology by Africa’s SMEs presents unique challenges. Mobile Banking Santander enlists HID for mobile banking security News Team Thursday, March 28, 2024 12:00 am https://fintech.managersofwealth.com/article/78040/santander-enlists-hid-for-mobile-banking-security Santander International, like all modern financial institutions, faces unique challenges in its digital transformation journey. Mobile Banking Western Union launches eSIM mobile data service News Team Wednesday, March 27, 2024 12:00 am https://fintech.managersofwealth.com/article/78030/western-union-launches-esim-mobile-data-service Western Union eSIMs give customers hassle-free access to wallet-friendly data roaming, either to use on their next foreign trip or to effortlessly send to family and friends living abroad. Mobile Banking 74% of Employees Falling Victim to Phishing Attacks Hit With Disciplinary Actions; Egress Reveals News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78187/74-of-employees-falling-victim-to-phishing-attacks-hit-with-disciplinary-actions-egress-reveals The main phishing attacks identified in the report include malicious URLs, malware or ransomware attachments, and compromised account infiltrations. Comment & Analysis How is Banking-as-a-Service Driving Financial Inclusion Across the Globe? News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78162/how-is-banking-as-a-service-driving-financial-inclusion-across-the-globe As a result, BaaS can improve access to digital banking in new markets, and communities that have historically been underserved by the traditional sector Comment & Analysis How wealth firms can find the right AI for the job News Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78167/how-wealth-firms-can-find-the-right-ai-for-the-job FinTech Global spoke to several WealthTech leaders to offer some guidance on what to look for. Comment & Analysis A more bankless society is on the horizon — and it's a good thing News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78155/a-more-bankless-society-is-on-the-horizon-ampmdash-and-itamp039s-a-good-thing This approach overlooks a critical historical lesson Comment & Analysis Bank marketing and AI: Here today, gone tomorrow? News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78156/bank-marketing-and-ai-here-today-gone-tomorrow Lack of expertise, data privacy and ethical concerns are inhibiting adoption. Comment & Analysis Fintech funding slows to the lowest level since 2017 News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78115/fintech-funding-slows-to-the-lowest-level-since-2017 On the plus side, there was a 15% uptick in equity deal making last quarter Comment & Analysis Some big questions about the future answered News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78119/some-big-questions-about-the-future-answered The problem regulators have is that they can only regulate what they can see. Comment & Analysis Why banks are increasing their RegTech spend year-on-year News Aggregation Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78099/why-banks-are-increasing-their-regtech-spend-year-on-year Quinn stressed that if such organisations are not considering boosting spend on RegTech, given its proven time and cost savings compared to traditional methods, then something is wrong, as the solutions are ‘far superior’. Comment & Analysis Revolut Bank CIO invests in change News Aggregation Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78105/revolut-bank-cio-invests-in-change Transforming banking is not easy, and as the CIO for Revolut Bank Europe explains, change is hard for banks and for CIOs - but is also eminently possible. Comment & Analysis AI causes cost shift from operations to tech and data; 63% of decision-makers in financial services firms believe AI will increase the cost of data in their organisation News Team Wednesday, April 03, 2024 1:00 am https://fintech.managersofwealth.com/article/78087/ai-causes-cost-shift-from-operations-to-tech-and-data-63-of-decision-makers-in-financial-services-firms-believe-ai-will-increase-the-cost-of-data-in-their-organisation This figure rises to 69% among firms in the UK; and 73% among asset owners more widely. Comment & Analysis From data breaches to economic crises: The growing cyber threat to global finance News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78202/from-data-breaches-to-economic-crises-the-growing-cyber-threat-to-global-finance This surge in cyber risks is compounded by indirect consequences such as reputational damage and the heightened costs associated with bolstering cybersecurity measures. Cyber Security Cyber attacks risk triggering bank runs, warns IMF News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78169/cyber-attacks-risk-triggering-bank-runs-warns-imf Research shows the number of malicious attacks has doubled since the pandemic Cyber Security Cayman confirms systems protected from cyberattack News Aggregation Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78174/cayman-confirms-systems-protected-from-cyberattack The September 2023 cyberhack on the Bermuda Government caused chaos, leaving ministers and civil servants unable to access their computers and putting many services offline. Cyber Security Experts conclude government foiled attempted cyber attack News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78154/experts-conclude-government-foiled-attempted-cyber-attack Deloitte brought in for a 'deep dive analysis' Cyber Security Data protection drop-in for Alderney residents News Aggregation Team Monday, April 08, 2024 1:00 am https://fintech.managersofwealth.com/article/78128/data-protection-drop-in-for-alderney-residents It will be the first time that Bailiwick Data Protection Commissioner Brent Homan has travelled to Alderney. Cyber Security CybSafe Reveals Importance and Use of Cyber Training for Customers News Aggregation Team Friday, April 05, 2024 1:00 am https://fintech.managersofwealth.com/article/78111/cybsafe-reveals-importance-and-use-of-cyber-training-for-customers The CybSafe study has revealed the prominence of cybersecurity in consumer decision-making in an increasingly digital landscape. Cyber Security CaixaBank explores use of AI to tackle cyber threats News Team Thursday, April 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78103/caixabank-explores-use-of-ai-to-tackle-cyber-threats CaixaBank is continuously involved in European research and analysis projects regarding the various issues and challenges that the financial industry is faced with Cyber Security Prisma Finance says $540K still at risk, hacker demands team reveal themselves News Aggregation Team Monday, April 01, 2024 1:00 am https://fintech.managersofwealth.com/article/78057/prisma-finance-says-540k-still-at-risk-hacker-demands-team-reveal-themselves The decentralized borrowing protocol said there were still 14 accounts that have yet to revoke the affected smart contract, which caused $11.6 million to be exploited last week. Cyber Security BMIT Technologies plc reports record revenues and solid performance News Aggregation Team Monday, March 25, 2024 12:00 am https://fintech.managersofwealth.com/article/77983/bmit-technologies-plc-reports-record-revenues-and-solid-performance 2023 results announced Cyber Security First Bank launches new digital experience center, assures users of data security News Aggregation Team Monday, March 25, 2024 12:00 am https://fintech.managersofwealth.com/article/77985/first-bank-launches-new-digital-experience-center-assures-users-of-data-security Beyond providing seamless banking services, First Bank’s Group Executive, Technology Digital Innovation and Services, Calistus Obetta highlighted the crucial importance of data security given DXC’s fully automated features. Cyber Security 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 Temenos response to recent research report News Team Friday, February 16, 2024 12:00 am https://fintech.managersofwealth.com/article/77560/temenos-response-to-recent-research-report The Company is confident in the strength of its business, financial performance and cash position. Research European Banks are Challenging Competitors With Cloud and AI Adoption News Aggregation Team Friday, February 16, 2024 12:00 am https://fintech.managersofwealth.com/article/77564/european-banks-are-challenging-competitors-with-cloud-and-ai-adoption This report presents insights from a global survey of 300 executives Research GitHub CoPilot gives ANZ engineers productivity boost News Aggregation Team Tuesday, February 13, 2024 12:00 am https://fintech.managersofwealth.com/article/77497/github-copilot-gives-anz-engineers-productivity-boost The group that had access to Copilot was able to complete their tasks 42% faster than the control group participants. Research GCC Bancassurance Market Predicted to Surge, with Technology and Partnerships Driving Growth News Team Monday, January 22, 2024 12:00 am https://fintech.managersofwealth.com/article/77223/gcc-bancassurance-market-predicted-to-surge-with-technology-and-partnerships-driving-growth The report encapsulates the latest developments and growth trajectories within the Middle East's aggressive financial landscape, offering a profound analysis for businesses, stakeholders, and investors focused on the bancassurance sector. Research Cost of living crisis prompts UK retail investors to cash in News Aggregation Team Friday, November 17, 2023 12:00 am https://fintech.managersofwealth.com/article/76516/cost-of-living-crisis-prompts-uk-retail-investors-to-cash-in The ‘set and forget’ investing of the pandemic has become a thing of the past as retail investors dip into their investment pots to top their income Research Currencycloud Established in Chinese Cross Border Payment Market as Customer Growth Triples News Aggregation Team Wednesday, September 27, 2023 1:00 am https://fintech.managersofwealth.com/article/75873/currencycloud-established-in-chinese-cross-border-payment-market-as-customer-growth-triples This enabled it to expand its Chinese client base from four to 12 across the region. Research Survey reveals age divide in use of AI for finances News Aggregation Team Tuesday, August 29, 2023 1:00 am https://fintech.managersofwealth.com/article/75505/survey-reveals-age-divide-in-use-of-ai-for-finances Many who remain skeptical may be using the technology already Research PE software startup raises £11m News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78192/pe-software-startup-raises-amppound11m The rise in interest rates and dwindling yields from the equities and fixed income markets have seen more investors turn to private and alternative asset classes, such as private equity, in search of higher returns. Innovation & Startups AND Global: bridging the fintech frontier for inclusive growth News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78196/and-global-bridging-the-fintech-frontier-for-inclusive-growth In a world rapidly transitioning to digital platforms, the fintech industry has not just adapted but thrived by simplifying technology for the common user. Innovation & Startups Barclays invests in Funding Xchange News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78199/barclays-invests-in-funding-xchange The company also offers SaaS solutions for credit decisioning and monitoring and works with over 80 banks, brokers and other financial institutions. Innovation & Startups Finastra launches small business data collection module for DFA 1071 compliance News Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78208/finastra-launches-small-business-data-collection-module-for-dfa-1071-compliance The data collection module is a cloud-native solution that integrates seamlessly with Finastra’s suite of retail lending products Innovation & Startups The digital frontier: how tech-driven wealth management is transforming multi family offices operations News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78177/the-digital-frontier-how-tech-driven-wealth-management-is-transforming-multi-family-offices-operations The adoption of these technologies signifies a departure from traditional methods, leading to more efficient, secure, and individualised financial strategies. Innovation & Startups FLX Networks Partners with GK3 Capital to Provide Premier Digital Sales and Marketing for Asset Managers and Wealth Management Firms News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78180/flx-networks-partners-with-gk3-capital-to-provide-premier-digital-sales-and-marketing-for-asset-managers-and-wealth-management-firms Leveraging their collective strengths and leading-edge technology, FLX and GK3 will provide an integrated solution to boost business development Innovation & Startups FinTech Scotland Takes Off for New York to Showcase Innovation and Strengthen US Relationships News Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78182/fintech-scotland-takes-off-for-new-york-to-showcase-innovation-and-strengthen-us-relationships The event looked to celebrate and strengthen the financial relationship between Scotland and the US. Innovation & Startups Noah Roworth has been shortlisted in the Jersey Finance Rising Stars awards 2024 News Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78159/noah-roworth-has-been-shortlisted-in-the-jersey-finance-rising-stars-awards-2024 Noah was put forward by Director of Information Technology Craig Hartley Innovation & Startups Kyriba teams up with JP Morgan's Onyx blockchain business News Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78165/kyriba-teams-up-with-jp-morganamp039s-onyx-blockchain-business Kyriba’s partner ecosystem is a key pillar for its growth and success for its customers. Innovation & Startups FICO Partners with Atto to Build Predictive Models with Real-Time Transactional Data News Team Wednesday, April 10, 2024 1:00 am https://fintech.managersofwealth.com/article/78168/fico-partners-with-atto-to-build-predictive-models-with-real-time-transactional-data Risk scores based on consumer-permissioned Open Banking data can enhance lenders’ risk management and improve customer service Innovation & Startups 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 Trading Technologies closes ATEO acquisition News Team Friday, March 01, 2024 12:00 am https://fintech.managersofwealth.com/article/77719/trading-technologies-closes-ateo-acquisition ATEO will operate as a global managed service hosted in TT's data centers. Trading Platforms Socure and Trustly Partner to Offer Industry-First Streamlined Onboarding and Open Banking Payments Process for Merchants and Fintechs News Team Thursday, February 29, 2024 12:00 am https://fintech.managersofwealth.com/article/77713/socure-and-trustly-partner-to-offer-industry-first-streamlined-onboarding-and-open-banking-payments-process-for-merchants-and-fintechs By combining Socure's accurate and inclusive identity verification and fraud prevention ID+ platform with Trustly's guaranteed Pay by Bank offering, merchants can onboard users and process payments in one integrated flow. Trading Platforms Finastra and Tesselate debut pre-packaged trade finance platform News Team Tuesday, February 13, 2024 12:00 am https://fintech.managersofwealth.com/article/77499/finastra-and-tesselate-debut-pre-packaged-trade-finance-platform Corporate Channels is a digital banking platform that provides banks with a single portal to unify trade, cash, supply-chain finance, lending, and treasury services for corporates. Trading Platforms Setpoint establishes relationship with Wells Fargo News Team Thursday, February 08, 2024 12:00 am https://fintech.managersofwealth.com/article/77453/setpoint-establishes-relationship-with-wells-fargo Setpoint will assume the crucial roles of Paying Agent and Calculation Agent for various clients, such as auto and real estate originators and lenders. Trading Platforms Amplifi Capital Secures £22.5m to Fuel Reevo Money Expansion News Aggregation Team Tuesday, February 06, 2024 12:00 am https://fintech.managersofwealth.com/article/77420/amplifi-capital-secures-amppound225m-to-fuel-reevo-money-expansion This gives us access to financing Reevo Money at an important time to enable us to continue offering customers access to credit when traditional lenders have turned them away. Trading Platforms Colt broadcasts SGX deriviatives data in the cloud News Team Wednesday, January 31, 2024 12:00 am https://fintech.managersofwealth.com/article/77353/colt-broadcasts-sgx-deriviatives-data-in-the-cloud More latency-dependent customers, such as HFT firms, are also able to quickly access real-time multicast raw market data for back testing and developing algos while building up their colocation sites. Trading Platforms Davy Capital Markets deploys Torstone post-trade platform News Team Wednesday, December 20, 2023 12:00 am https://fintech.managersofwealth.com/article/76917/davy-capital-markets-deploys-torstone-post-trade-platform The deployment marks a significant milestone in Davy Capital Markets' commitment to enhancing their post-trade capabilities. Trading Platforms EQT to sell data management tech firm Rimes to Five Arrows News Aggregation Team Friday, April 12, 2024 1:00 am https://fintech.managersofwealth.com/article/78205/eqt-to-sell-data-management-tech-firm-rimes-to-five-arrows Five Arrows, which currently has global assets under management of more than €26 billion, has leveraged its long-term fund FALT and principal investments division FAPI to action the purchase. Alternative Investments Three Technologies Banks Will Invest More in This Year News Aggregation Team Thursday, April 11, 2024 1:00 am https://fintech.managersofwealth.com/article/78191/three-technologies-banks-will-invest-more-in-this-year The banking industry is one of the most highly regulated verticals on the planet. Alternative Investments Tradeweb to pay $785m for investment tech firm ICD News Aggregation Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78149/tradeweb-to-pay-785m-for-investment-tech-firm-icd The deal, which will be funded with cash on hand, is expected to close in the second half of the year. Alternative Investments Accenture Acquires Axis Corporate to Help Spanish Financial Services Companies Reinvent their Businesses News Team Tuesday, April 09, 2024 1:00 am https://fintech.managersofwealth.com/article/78153/accenture-acquires-axis-corporate-to-help-spanish-financial-services-companies-reinvent-their-businesses The company provides a wide range of advisory services, including operating model and cost transformation, talent and culture, finance, and sustainability. Alternative Investments Lloyds bank invests £3m in proptech startup News Team Tuesday, April 02, 2024 1:00 am https://fintech.managersofwealth.com/article/78072/lloyds-bank-invests-amppound3m-in-proptech-startup Coadjute has also received funding from NatWest, Nationwide, and Rightmove. Alternative Investments iCapital to Acquire Reporting Platform Mirador News Aggregation Team Tuesday, April 02, 2024 1:00 am https://fintech.managersofwealth.com/article/78078/icapital-to-acquire-reporting-platform-mirador The acquisition expands iCapital’s data management and reporting capabilities. Alternative Investments NewRetirement completes $20m funding round News Team Thursday, March 28, 2024 12:00 am https://fintech.managersofwealth.com/article/78045/newretirement-completes-20m-funding-round The majority of Americans – as many as 65%, per Charles Schwab’s Modern Wealth Survey 2023 – have no formal financial plan. Alternative Investments Best-Performing Fund Brands Globally According to the 2024 Broadridge Fund Brand 50 Report News Team Wednesday, March 27, 2024 12:00 am https://fintech.managersofwealth.com/article/78016/best-performing-fund-brands-globally-according-to-the-2024-broadridge-fund-brand-50-report U.S. Fund Brand 50 Alternative Investments US investment management platform FundGuard bags $100m Series C funding News Aggregation Team Tuesday, March 26, 2024 12:00 am https://fintech.managersofwealth.com/article/78009/us-investment-management-platform-fundguard-bags-100m-series-c-funding The firm says it utilises AI and cloud-native tech “to modernise and streamline investment accounting operations and workflows”. Alternative Investments GSS secures $47m to help banks with sanctions screening News Aggregation Team Tuesday, March 26, 2024 12:00 am https://fintech.managersofwealth.com/article/78010/gss-secures-47m-to-help-banks-with-sanctions-screening As part of its investment in GSS, CBA will join the company’s main board as an observer. Alternative Investments Climate Impact X secures notable S$30m funding led by Mizuho for carbon credit exchange expansion News Aggregation Team Monday, February 26, 2024 12:00 am https://fintech.managersofwealth.com/article/77655/climate-impact-x-secures-notable-s30m-funding-led-by-mizuho-for-carbon-credit-exchange-expansion At the heart of CIX’s operations is its mission to promote market confidence in carbon credits. Planet SOS Understanding inclusion in marketing News Aggregation Team Monday, February 26, 2024 12:00 am https://fintech.managersofwealth.com/article/77659/understanding-inclusion-in-marketing Fast forward a few months, and guess which shop turned into the community’s beating heart? Planet SOS Digitisation is a priority for ESG initiatives – Paymentology News Aggregation Team Friday, February 23, 2024 12:00 am https://fintech.managersofwealth.com/article/77650/digitisation-is-a-priority-for-esg-initiatives-ampndash-paymentology Kirkman states that payments companies are prioritising digitisation, so ESG objectives must be met as part of new deployments. Planet SOS IBM enhances ESG Suite with Supply Chain Emissions Analysis News Aggregation Team Tuesday, February 20, 2024 12:00 am https://fintech.managersofwealth.com/article/77586/ibm-enhances-esg-suite-with-supply-chain-emissions-analysis Its dedication to sustainability has led to the development of the IBM Envizi ESG Suite Planet SOS Barclays revises climate policy to strengthen sustainability efforts News Aggregation Team Tuesday, February 13, 2024 12:00 am https://fintech.managersofwealth.com/article/77501/barclays-revises-climate-policy-to-strengthen-sustainability-efforts This framework aligns with the company’s goal of mobilising $1tn of Sustainable and Transition Finance by the end of 2030 Planet SOS HSBC partners with Google to hit $1 bln climate tech finance goal News Aggregation Team Friday, February 09, 2024 12:00 am https://fintech.managersofwealth.com/article/77473/hsbc-partners-with-google-to-hit-1-bln-climate-tech-finance-goal But finance to the sector fell sharply in 2023, PwC data shows, as investors and lenders fret about risk. Planet SOS Lloyds to measure carbon impact of IT stack with Dynatrace News Team Wednesday, January 31, 2024 12:00 am https://fintech.managersofwealth.com/article/77352/lloyds-to-measure-carbon-impact-of-it-stack-with-dynatrace Additionally, it details energy and CO2e consumption per source with filters to help narrow the focus to high-impact areas. Planet SOS CarbonPool closes $12m to underwrite the carbon credit markets News Team Monday, January 29, 2024 12:00 am https://fintech.managersofwealth.com/article/77319/carbonpool-closes-12m-to-underwrite-the-carbon-credit-markets CarbonPool’s insurance license application is underway in Switzerland Planet SOS Barclays launches climate tech hub in Cambridge News Team Friday, January 19, 2024 12:00 am https://fintech.managersofwealth.com/article/77214/barclays-launches-climate-tech-hub-in-cambridge The site has undergone a significant retrofit, with the goal of reducing its carbon emissions by 90 per cent compared to 2018. Planet SOS Barclays establishes new Energy Transition Group to support clients on the path to net zero News Team Wednesday, January 17, 2024 12:00 am https://fintech.managersofwealth.com/article/77183/barclays-establishes-new-energy-transition-group-to-support-clients-on-the-path-to-net-zero Mr. Cormier has over 20 years of experience supporting clients in the Power and Energy sectors and has been leading Barclays’ Energy business in the Americas since 2021.   Planet SOS