Managers of Wealth - Fintech https://fintech.managersofwealth.com/ Sat, 01 Apr 2023 04:41:42 BST part of MediaG8way Group https://fintech.managersofwealth.com/ https://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Digital Customer Experience and Wealth Management: time to act News Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73674/digital-customer-experience-and-wealth-management-time-to-act Expansion and retention of the customer base, better data management and differentiation from competitors: these are the most important opportunities that the Digital Customer Experience can offer the wealth management industry. Wealth & Asset Management PATRIZIA and iCapital announce partnership to expand private wealth offering News Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73675/patrizia-and-icapital-announce-partnership-to-expand-private-wealth-offering It provides solutions to three specific societal challenges: affordable housing, green real estate as well as inclusion & connectivity. Wealth & Asset Management Is the future of the wealth management industry here? News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73659/is-the-future-of-the-wealth-management-industry-here Then almost exactly three years ago, when the government put the United Kingdom into lockdown in the wake of the coronavirus pandemic the future was brought forward. Wealth & Asset Management Kiatnakin Phatra Securities selects Temenos to enhance its wealth management platform News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73660/kiatnakin-phatra-securities-selects-temenos-to-enhance-its-wealth-management-platform The front-office capabilities of Temenos Wealth will enable Kiatnakin Phatra Securities to digitise more operational elements, broaden the range of products and increase front-office sales efficiency, helping it enhance client interactions and attract a n Wealth & Asset Management Linedata opens new Singapore office News Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73665/linedata-opens-new-singapore-office Linedata’s state-of-the-art technological solutions are well suited to the Singaporean financial market and can support its suite of investment fund structures, such as the Variable Capital Company. Wealth & Asset Management SS&C's Black Diamond Wealth Platform Expands Financial Planning Capabilities with RightCapital Collaboration News Team Tuesday, March 21, 2023 12:00 am https://fintech.managersofwealth.com/article/73584/ssampampcamp039s-black-diamond-wealth-platform-expands-financial-planning-capabilities-with-rightcapital-collaboration This two-way integration enhances one of the more popular integrations by natively pulling key financial planning data from RightCapital into Black Diamond's platform as account and portfolio information flow from Black Diamond to RightCapital. Wealth & Asset Management Morgan Stanley Wealth Management to create bespoke OpenAI model News Aggregation Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73565/morgan-stanley-wealth-management-to-create-bespoke-openai-model In addition, it was considering using OpenAI technology to enhance advisers’ notes and streamline client communication. Wealth & Asset Management Wealthy Investors, Family Offices Reallocate Funds Following SVB Collapse News Aggregation Team Friday, March 17, 2023 12:00 am https://fintech.managersofwealth.com/article/73548/wealthy-investors-family-offices-reallocate-funds-following-svb-collapse Experts say that SVB's collapse has been a wake-up call for wealthy individuals with cash reserves. Wealth & Asset Management Morgan Stanley Wealth Management Announces Key Milestone in Innovation Journey with OpenAI News Team Wednesday, March 15, 2023 12:00 am https://fintech.managersofwealth.com/article/73507/morgan-stanley-wealth-management-announces-key-milestone-in-innovation-journey-with-openai Morgan Stanley currently OpenAI’s only strategic client in wealth management Wealth & Asset Management Masttro Secures $43 Million Growth Equity Investment Led By FTV Capital News Team Friday, March 10, 2023 12:00 am https://fintech.managersofwealth.com/article/73464/masttro-secures-43-million-growth-equity-investment-led-by-ftv-capital Investment will expand Masttro’s global reach as leading software platform serving high-net worth ecosystem Wealth & Asset Management European Payments Council announces Giorgio Andreoli Director General News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73727/european-payments-council-announces-giorgio-andreoli-director-general He was also previously working in the telecommunications industry as director of strategic marketing at Ericsson South-East Europe. Executive Moves Communications professional joins digital marketing agency News Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73728/communications-professional-joins-digital-marketing-agency Megan is a Chartered Institute of Public Relations (CIPR) Professional PR Certificate holder Executive Moves Monica Tigleanu to future-proof cyber strategy at BMS News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73699/monica-tigleanu-to-future-proof-cyber-strategy-at-bms Ms Tigleanu has worked in the cyber insurance market for more than ten years as both an underwriter and broker. Executive Moves CTERA Expands Executive Team to Capitalize on Hybrid Cloud File Market Following a Record Year News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73705/ctera-expands-executive-team-to-capitalize-on-hybrid-cloud-file-market-following-a-record-year Oded Nagel was among CTERA’s original first employees Executive Moves Bud expands to the US with new exec team News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73709/bud-expands-to-the-us-with-new-exec-team The London-based open banking fintech is ready to take on North America with a new leadership team. Executive Moves Freemarket names Greg Sherwin CTO News Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73698/freemarket-names-greg-sherwin-cto Prior to joining Freemarket, Sherwin’s last role was with a full fiber network startup provider as their chief technology and information officer and was responsible for delivering strategic technology and ways of working in order to go from startup Executive Moves Envestnet Appoints Three New Independent Directors to Board News Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73681/envestnet-appoints-three-new-independent-directors-to-board Announces Cooperation Agreement with Impactive Capital Executive Moves Pirum appoints Graeme Perry as new business development rep News Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73664/pirum-appoints-graeme-perry-as-new-business-development-rep Based in London, ‘GP’ will report locally to Karl Wyborn, CCO. Executive Moves Provenir Appoints General Manager, Northern Europe News Team Thursday, March 23, 2023 12:00 am https://fintech.managersofwealth.com/article/73615/provenir-appoints-general-manager-northern-europe Industry veteran Kees-Jan Koppenaal joins Provenir’s team to accelerate the company’s commitment to providing digital-first decisioning solutions that drive business growth Executive Moves Amlyze hires former head of money laundering at the Bank of Lithuania News Team Thursday, March 23, 2023 12:00 am https://fintech.managersofwealth.com/article/73623/amlyze-hires-former-head-of-money-laundering-at-the-bank-of-lithuania E. KontautaitÄ— is already the third member of the team with a solid experience in financial market supervisory institutions. Executive Moves JPMorgan Chase paper investigates quantum deep hedging News Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73716/jpmorgan-chase-paper-investigates-quantum-deep-hedging The researchers first examined whether existing classical deep hedging frameworks could be improved using quantum deep learning. Legal,Regulation,Tax & Compliance CBUAE to Issue Central Bank Digital Currency Through FIT Programme News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73730/cbuae-to-issue-central-bank-digital-currency-through-fit-programme In its support of the financial services sector, the programme aims to promote digital transactions, innovation, collaboration and market competition. Legal,Regulation,Tax & Compliance MAS: DBS’ Service Disruption ‘Unacceptable’, Bank Fell Short of Expectations News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73704/mas-dbsamprsquo-service-disruption-amplsquounacceptableamprsquo-bank-fell-short-of-expectations DBS had notified MAS yesterday morning that its customers were experiencing difficulties logging in to its digital banking services. Legal,Regulation,Tax & Compliance New FDA electronic records guidance prioritizes Digital Health Technology oversight News Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73666/new-fda-electronic-records-guidance-prioritizes-digital-health-technology-oversight Earlier this month, FDA issued a revised version of the draft guidance, “Electronic Systems, Electronic Records, and Electronic Signatures in Clinical Investigations: Legal,Regulation,Tax & Compliance Equals Group expands into Europe through Oonex acquisition News Aggregation Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73671/equals-group-expands-into-europe-through-oonex-acquisition Equals will acquire the entire issued share capital Oonex for a total of up to £4.1 million Legal,Regulation,Tax & Compliance Encompass named founding member of Data and Technology for Compliance Alliance News Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73679/encompass-named-founding-member-of-data-and-technology-for-compliance-alliance Dr Balani is a veteran of the technology industry, with 30 years of experience in the sector. Legal,Regulation,Tax & Compliance The importance of AI and Biometrics in regulatory compliance in finance News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73653/the-importance-of-ai-and-biometrics-in-regulatory-compliance-in-finance The biggest challenge for fintechs in compliance is the cost of implementing Know Your Customer (KYC) Legal,Regulation,Tax & Compliance SEI Extends Relationship with Evelyn Partners News Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73658/sei-extends-relationship-with-evelyn-partners Five-Year Extension Reflects Strength and Longevity of Strategic Partnership Legal,Regulation,Tax & Compliance Pidgin boost fraud detection with Effectiv tie-up News Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73661/pidgin-boost-fraud-detection-with-effectiv-tie-up Effectiv complements Pidgin’s faster payment platform to help financial institutions of all sizes detect and flag threats in real-time across transaction types. Legal,Regulation,Tax & Compliance KlariVis and CLA team on enterprise data initiative for community banks News Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73633/klarivis-and-cla-team-on-enterprise-data-initiative-for-community-banks The KlariVis platform compiles and aggregates high-value actionable data across disparate systems into an intuitive, interactive dashboard that provides financial institutions of all sizes with timely insights that empower teams, drive profitability, and Legal,Regulation,Tax & Compliance KPMG launches new product to boost retail analytics News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73725/kpmg-launches-new-product-to-boost-retail-analytics Consumer spending power in the UK has hit historic lows over the last year, as employers refuse to raise salaries in line with the country’s record rates of inflation. Retail Banking Payment Security and Data Storage Among Top Concerns for UK E-Commerce Consumers News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73729/payment-security-and-data-storage-among-top-concerns-for-uk-e-commerce-consumers Additionally, 34 per cent of respondents consider data security and payment encryption as the most crucial aspect of a satisfying online payment experience. Retail Banking Greenlight launches tool to help banks provide youth financial literacy News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73701/greenlight-launches-tool-to-help-banks-provide-youth-financial-literacy Greenlight for Banks is a first-of-its-kind solution that enables partners to offer Greenlight’s suite of family banking and education products for free to their customers. Retail Banking Pinwheel Joins Visa Fintech Partner Connect Program News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73703/pinwheel-joins-visa-fintech-partner-connect-program As a participant of the Visa Fintech Partner Connect Program, Pinwheel will more easily allow customers the unique advantage of leveraging income and employment data for lending decisions, as well as an added layer of security and compliance. Retail Banking Wise: Big banks continue to hide fees on cross-border payments News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73707/wise-big-banks-continue-to-hide-fees-on-cross-border-payments This required that “all currency conversion charges are shown in a clear, neutral and comprehensible manner” ahead of making a transfer to another currency in Europe. Retail Banking Open banking payments more than doubled YoY in 2022 News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73708/open-banking-payments-more-than-doubled-yoy-in-2022 More than seven million customers and small businesses are using open banking-enabled products in the UK. Retail Banking Visa and Mastercard reportedly in talks to acquire Pismo News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73687/visa-and-mastercard-reportedly-in-talks-to-acquire-pismo News reports state that the firm is working with Goldman Sachs on a potential sale at a reported valuation of $1 billion. Retail Banking Apple Pay Later launches News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73689/apple-pay-later-launches Repayments are made in four equal instalments, spread over six weeks with no interest and no fees. Retail Banking NALA Receives Payment Service Provider License From Central Bank of Tanzania News Aggregation Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73673/nala-receives-payment-service-provider-license-from-central-bank-of-tanzania The company’s $1million investment comes after receiving the licence to power product innovation in Tanzania. Retail Banking Danish fintech Inpay to expand in UK market News Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73676/danish-fintech-inpay-to-expand-in-uk-market Inpay underwent a major transformation during 2022. Retail Banking LI.FI raises $17.5m to help traditional finance build on DeFi News Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73715/lifi-raises-175m-to-help-traditional-finance-build-on-defi The report went on to say that a "far more sustainable, scalable, transparent [business] with improving token economics," will see a revival of the industry.LI.FI is in prime position to lead this charge. Bitcoin, Blockchain & AI Cryptocurrency Prices And News: Bitcoin Price Briefly Eclipses $29,000 Before Retreating News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73721/cryptocurrency-prices-and-news-bitcoin-price-briefly-eclipses-29000-before-retreating The world's largest cryptocurrency is up 69% so far this year. Bitcoin, Blockchain & AI Why blockchain is the future of wealth management News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73724/why-blockchain-is-the-future-of-wealth-management A blockchain is a decentralised, distributed ledger that allows multiple parties to securely record and verify transactions without the need for a central authority or third party. Bitcoin, Blockchain & AI UK Releases AI Regulation White Paper Amid Call For Stall to ‘AI Arms Race’ News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73700/uk-releases-ai-regulation-white-paper-amid-call-for-stall-to-amplsquoai-arms-raceamprsquo Key figures in AI are also calling for the suspension of training powerful AI systems amid fears of a threat to humanity. Bitcoin, Blockchain & AI UK publishes first AI whitepaper News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73706/uk-publishes-first-ai-whitepaper When parliamentary time allows, legislation could be introduced to ensure regulators consider the principles consistently. Bitcoin, Blockchain & AI European Banking Federation shares its vision of digital euro, wCBDC, bank tokens News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73682/european-banking-federation-shares-its-vision-of-digital-euro-wcbdc-bank-tokens The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own. Bitcoin, Blockchain & AI Oxbridge Launches Offering of Tokenized Reinsurance Security: DeltaCat Re News Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73683/oxbridge-launches-offering-of-tokenized-reinsurance-security-deltacat-re The DeltaCat Re token will indirectly represent fractionalized interests in reinsurance contracts, with each token representing one preferred share of SurancePlus. Bitcoin, Blockchain & AI AI may affect 300mln full-time jobs: Goldman Sachs News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73685/ai-may-affect-300mln-full-time-jobs-goldman-sachs In the US, two-thirds of jobs are exposed to automation, the bank says in a report Bitcoin, Blockchain & AI ETC Group to launch the first digital asset ETP based on an MSCI index News Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73691/etc-group-to-launch-the-first-digital-asset-etp-based-on-an-msci-index The ETP will track the performance of the MSCI Global Digital Assets Select Top 20 Capped Index, with quarterly rebalancing Bitcoin, Blockchain & AI Swiss Bankers Association Makes Case for Digital Swiss Franc News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73692/swiss-bankers-association-makes-case-for-digital-swiss-franc Against this backdrop and considering developments such as the tokenization of assets and the emergence of decentralized finance (DeFi) applications Bitcoin, Blockchain & AI Nordnet signs five-year deal with Google Cloud News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73712/nordnet-signs-five-year-deal-with-google-cloud Google Cloud has played a key role in Nordnet’s digital transformation journey for several years Mobile Banking ING selects Salt Edge to expand open banking use cases News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73713/ing-selects-salt-edge-to-expand-open-banking-use-cases Salt Edge’s enterprise-level offering matches ING clients’ high requirements in flexibility and customisation options. Mobile Banking DBS Experiences digibank and PayLah! Service Disruption News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73686/dbs-experiences-digibank-and-paylah-service-disruption The 39 hours disruption was due to a malfunction of the bank’s access control servers. Mobile Banking CBA and Telstra test APP fraud detector News Aggregation Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73672/cba-and-telstra-test-app-fraud-detector This enables CBA to check if a customer is on a phone call - the prime indicator that a scam is occurring. Mobile Banking Klarna taps ChatGPT for shopping recommendations News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73650/klarna-taps-chatgpt-for-shopping-recommendations The technology will offer curated product recommendation, along with links to shop those products via Klarna’s search and compare tool. Mobile Banking Microsoft threatens to restrict data from rival AI search tools — Bloomberg News News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73651/microsoft-threatens-to-restrict-data-from-rival-ai-search-tools-ampmdash-bloomberg-news The company has told at least two customers that using its Bing search index to feed their AI chat tools violates the terms of their contract Mobile Banking UK Consumers Shift to Digital Wallets and BNPL as Costs Rise. News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73657/uk-consumers-shift-to-digital-wallets-and-bnpl-as-costs-rise The report attributes these differences to factors such as local culture, regulation, and technological innovation. Mobile Banking Standard Chartered adds lending capability to S2B online business platform News Team Thursday, March 23, 2023 12:00 am https://fintech.managersofwealth.com/article/73614/standard-chartered-adds-lending-capability-to-s2b-online-business-platform S2B Loans is a new module which allows clients to initiate and approve new loan drawdown and rollover requests. Mobile Banking Payer launches open banking payments for B2B News Team Wednesday, March 22, 2023 12:00 am https://fintech.managersofwealth.com/article/73611/payer-launches-open-banking-payments-for-b2b The announcement comes at a time when open banking has already disrupted the consumer space. Its adoption has significantly grown globally and reached critical mass in Europe. Mobile Banking Western Union money transfers now available on Vietnam's MoMo app News Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73568/western-union-money-transfers-now-available-on-vietnamamp039s-momo-app It is the first time a money transfer operator’s services have become available on a leading super app in Vietnam. Mobile Banking Neo Financial launches debit card alternative News Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73717/neo-financial-launches-debit-card-alternative With free everyday transactions, no monthly fees1, and cashback on spend, the Neo Money™ card gives Canadians a new way to put more in their pockets when they need it the most. Comment & Analysis Revolut not happy with how fintech deals with audit red flags News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73710/revolut-not-happy-with-how-fintech-deals-with-audit-red-flags Revolut reportedly issued a public statement and hired lawyers in March in order to prove the “misreporting” of the audit opinion by BDO. Comment & Analysis Overdue Bills: 60% of Americans Falling Behind on Bills Due to Non-Monetary Reasons; Lexop News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73688/overdue-bills-60-of-americans-falling-behind-on-bills-due-to-non-monetary-reasons-lexop Interestingly, 60 per cent of respondents reported that non-monetary reasons were the cause of them falling behind on bills. Comment & Analysis How financial firms can become leaders in digital transformation News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73654/how-financial-firms-can-become-leaders-in-digital-transformation Seventy-one percent of executives say artificial intelligence has significantly changed the way they work. Firms can expect more change as AI’s capabilities expand. Comment & Analysis “Big banks have bounced back”: An interview with Teo Blidarus, CEO of Fintech OS News Aggregation Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73634/ampldquobig-banks-have-bounced-backamprdquo-an-interview-with-teo-blidarus-ceo-of-fintech-os AltFi speaks to the CEO and co-founder of FintechOS on the future of financial technology innovation, ChatGPT and more. Comment & Analysis Tech Nation’s final report defines future progress for UK tech firms News Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73649/tech-nationamprsquos-final-report-defines-future-progress-for-uk-tech-firms The organisation announced its plans to cease operations after losing a £12.09 million Digital Growth Grant to Barclays Bank, citing that it could not continue without government funding. Comment & Analysis Nearly Half of Singapore Businesses Call for Improved Fintech Solutions to Offset Current Economic Headwinds, Shows Rapyd Report News Aggregation Team Thursday, March 23, 2023 12:00 am https://fintech.managersofwealth.com/article/73628/nearly-half-of-singapore-businesses-call-for-improved-fintech-solutions-to-offset-current-economic-headwinds-shows-rapyd-report 41% of cross-border organizations globally believe business expansion is essential to offset the challenges of inflation, high interest rates and market volatility. Comment & Analysis Study: 70% of European banks and fintechs to increase investment in financial technology over the next 18 months despite the downturn News Aggregation Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73562/study-70-of-european-banks-and-fintechs-to-increase-investment-in-financial-technology-over-the-next-18-months-despite-the-downturn Buyers attracted to tech providers that demonstrate values and ethics, high-levels of governance and oversight, and a strong reputation Comment & Analysis Do we need distinctions between digital, hybrid and full advice? News Aggregation Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73574/do-we-need-distinctions-between-digital-hybrid-and-full-advice For many industry commentators, having different terms for different types of advice is necessary to clearly set out the options available. Comment & Analysis Competing With Robots Is Making Work Worse News Aggregation Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73575/competing-with-robots-is-making-work-worse Interacting so often with computers may be fueling some amnesia in how to treat other humans. Comment & Analysis Mastercard acquires Swedish cyber-security firm Baffin Bay News Aggregation Team Tuesday, March 21, 2023 12:00 am https://fintech.managersofwealth.com/article/73580/mastercard-acquires-swedish-cyber-security-firm-baffin-bay The acquisition further strengthens Mastercard’s broader services offerings beyond the payment transaction as it moves to integrate its solutions into an all-ecompassing cyber service. Cyber Security FERC Approves New Cybersecurity Standards for Low-Impact Electric Assets News Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73569/ferc-approves-new-cybersecurity-standards-for-low-impact-electric-assets This directive expands upon, and replaces, a previous cybersecurity standard, Reliability Standard CIP-003-8, which applied only to high- and medium-impact BES assets. Cyber Security AXA XL backs new cyber-MGA Intangic News Aggregation Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73572/axa-xl-backs-new-cyber-mga-intangic Intangic MGA has worked with Axa XL for its cyber policy, CyFi, which is underwritten by Axa XL Insurance Company UK Ltd. Cyber Security Hashkey and Slowmist partner for digital assets play News Team Friday, March 17, 2023 12:00 am https://fintech.managersofwealth.com/article/73551/hashkey-and-slowmist-partner-for-digital-assets-play The goal of the partnership is to explore and develop comprehensive security standards and solutions that will safeguard HashKey Group's various business lines. Cyber Security Banks take action as more than $2bn is lost to crypto investment scams News Aggregation Team Thursday, March 16, 2023 12:00 am https://fintech.managersofwealth.com/article/73524/banks-take-action-as-more-than-2bn-is-lost-to-crypto-investment-scams As the FBI reveals scams are on the rise, banks are taking action to protect customers from fraud. Cyber Security SEC proposes tighter cybersecurity rules News Team Thursday, March 16, 2023 12:00 am https://fintech.managersofwealth.com/article/73536/sec-proposes-tighter-cybersecurity-rules Cybersecurity risk also can be caused by the errors of employees, service providers, or business partners. Cyber Security How is Cybersecurity Awareness in Africa Putting Companies in Danger? News Aggregation Team Monday, March 13, 2023 12:00 am https://fintech.managersofwealth.com/article/73486/how-is-cybersecurity-awareness-in-africa-putting-companies-in-danger Cybersecurity awareness company KnowBe4 revealed in its latest poll that significant work needs to be done before citizens of Africa can be considered safe against online threats. Cyber Security Westpac adds anti-scam feature News Aggregation Team Tuesday, March 07, 2023 12:00 am https://fintech.managersofwealth.com/article/73407/westpac-adds-anti-scam-feature Chris de Bruin, chief executive, consumer and business banking, Westpac, says: "Our latest customer scam data revealed customer losses reached a new record high in December, doubling from the year prior. Cyber Security What is Ransomware infection and Can ransomware be removed? News Aggregation Team Tuesday, March 07, 2023 12:00 am https://fintech.managersofwealth.com/article/73410/what-is-ransomware-infection-and-can-ransomware-be-removed Once the victim clicks on the link or downloads the attachment, the ransomware is downloaded onto the computer. Cyber Security Cyber Tec Security launch operations in Crown Dependencies News Aggregation Team Tuesday, March 07, 2023 12:00 am https://fintech.managersofwealth.com/article/73415/cyber-tec-security-launch-operations-in-crown-dependencies Louise Ralston, Director of Operations commented: “This is a great move for Cyber Tec Security for a number of reasons; we’ve got considerable experience and the knowledge that comes with it to offer something new and different across the crow Cyber Security Transfers and consolidation most in-demand feature for pensions dashboards, new research finds News Team Tuesday, February 28, 2023 12:00 am https://fintech.managersofwealth.com/article/73323/transfers-and-consolidation-most-in-demand-feature-for-pensions-dashboards-new-research-finds There were a host of features which platforms are interested in implementing once pensions dashboards are fully live, with transfers and consolidation ranked as the most popular. Research How to bridge the banking and wealth management gap with modern technology News Aggregation Team Friday, January 27, 2023 12:00 am https://fintech.managersofwealth.com/article/72939/how-to-bridge-the-banking-and-wealth-management-gap-with-modern-technology Many Americans have established banking relationships that can help them with financial planning. Research SME Growth Promoted Through Moss and Marqeta Partnership News Aggregation Team Tuesday, December 13, 2022 12:00 am https://fintech.managersofwealth.com/article/72433/sme-growth-promoted-through-moss-and-marqeta-partnership As a result of the partnership, the two fintech platforms are focused on breaking into new tech spaces to provide solutions to their customer bases, supporting growth and innovation among SMEs. Research FactSet and BMLL Technologies collaborate to provide cloud-based historical tick data News Team Tuesday, December 06, 2022 12:00 am https://fintech.managersofwealth.com/article/72348/factset-and-bmll-technologies-collaborate-to-provide-cloud-based-historical-tick-data The collaboration represents a continuation of FactSet’s strategy to provide innovative cloud solutions that help clients modernize Research Horizon Software invests in French financial research project News Team Monday, July 18, 2022 1:00 am https://fintech.managersofwealth.com/article/70537/horizon-software-invests-in-french-financial-research-project We also believe that this study will fruitfully assist Horizon in further developing innovative trading strategies for its clients. Research Private markets beat current inflation by 20% in 2021 and more investors can now access these investments News Team Thursday, April 21, 2022 1:00 am https://fintech.managersofwealth.com/article/69394/private-markets-beat-current-inflation-by-20-in-2021-and-more-investors-can-now-access-these-investments Delio Ventures is forming partnerships with new and scaling marketplaces that need proven private markets technology to connect investors with interesting opportunities. Research The 5 Pitfalls of Inhouse Reconciliation Systems News Team Monday, April 18, 2022 1:00 am https://fintech.managersofwealth.com/article/69342/the-5-pitfalls-of-inhouse-reconciliation-systems Many of these firms will follow the well-trodden route of developing their frontend application first, with some thought given to the complexities of the financial control mechanisms that lie behind the scenes. Research Finastra research shows Banking-as-a Service gains unstoppable momentum News Aggregation Team Thursday, April 07, 2022 1:00 am https://fintech.managersofwealth.com/article/69218/finastra-research-shows-banking-as-a-service-gains-unstoppable-momentum Financial institutions can reach a greater number of customers at significantly lower cost Research Buy Now Pay Later: a Gen Z fad or something bigger? News Team Thursday, April 07, 2022 1:00 am https://fintech.managersofwealth.com/article/69231/buy-now-pay-later-a-gen-z-fad-or-something-bigger Our research and analysis puts five BNPL myths to rest Research ECB publishes report on payment preferences as part of digital euro investigation phase News Aggregation Team Thursday, March 31, 2022 1:00 am https://fintech.managersofwealth.com/article/69113/ecb-publishes-report-on-payment-preferences-as-part-of-digital-euro-investigation-phase Safety and security were a concern among respondents, who sought guarantees against fraud and hacking Research Newgen Partners with Mambu to Streamline End-to-end Lending Processes News Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73714/newgen-partners-with-mambu-to-streamline-end-to-end-lending-processes Financial institutions to optimize Mambu's Core Banking Systems with Newgen's Lending Solutions Innovation & Startups UK unveils world leading approach to innovation in first artificial intelligence white paper to turbocharge growth News Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73718/uk-unveils-world-leading-approach-to-innovation-in-first-artificial-intelligence-white-paper-to-turbocharge-growth Government launches AI white paper to guide the use of artificial intelligence in the UK, to drive responsible innovation and maintain public trust in this revolutionary technology. Innovation & Startups How Venture Client Units Are Revolutionizing Corporate Innovation News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73719/how-venture-client-units-are-revolutionizing-corporate-innovation The venture client unit works with internal problem owners—the so-called venture clients—to identify problems that startups potentially solve best through their cutting-edge technologies or breakthrough business models. Innovation & Startups Lloyd’s Lab Selects 13 Insurtechs for Its Next Innovation Accelerator News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73720/lloydamprsquos-lab-selects-13-insurtechs-for-its-next-innovation-accelerator Throughout the 10-week program, teams will develop their products with the support of market experts and explore how their innovations can support the Lloyd’s market. Innovation & Startups An insider reveals top interview tips for fintech workers News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73722/an-insider-reveals-top-interview-tips-for-fintech-workers Interview etiquette has a whole new dynamic now that video is the norm, writes Jobbio's Aoibhinn McBride. Innovation & Startups LeapXpert raises $22m for finserv messaging platform News Aggregation Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73702/leapxpert-raises-22m-for-finserv-messaging-platform All employees’ business communication can be recorded while their personal messages remain private. Innovation & Startups Finverity raises $5m equity funding News Team Thursday, March 30, 2023 1:00 am https://fintech.managersofwealth.com/article/73711/finverity-raises-5m-equity-funding The funding round comes on the back of 15x revenue growth in 2022 across the Middle East and Africa and the recent expansion to Eastern Europe. Innovation & Startups BNP Paribas accelerates IT migration to atNorth’s data campus in Stockholm News Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73684/bnp-paribas-accelerates-it-migration-to-atnorthamprsquos-data-campus-in-stockholm The original move to Iceland in 2018 resulted in an increase of nearly 30% in total capacity, reduced energy consumption by more than 50 percent, and decreased CO2 output by 85 percent. Innovation & Startups Accenture set to axe 2% of global employees News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73693/accenture-set-to-axe-2-of-global-employees In particular, the global professional services company provides a range of services in strategy, consulting, digital, technology and operations. Innovation & Startups Asset Management Tech Provider Linedata Opens Office in Singapore News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73696/asset-management-tech-provider-linedata-opens-office-in-singapore Linedata plans “to recruit new talent and skills for the Singaporean office rapidly to support existing and new clients.” Innovation & Startups Freetrade to more than double FX fees amid profitability push News Aggregation Team Thursday, March 09, 2023 12:00 am https://fintech.managersofwealth.com/article/73449/freetrade-to-more-than-double-fx-fees-amid-profitability-push The UK’s first commission-free stock trading platform has been undergoing a shift in its strategy away from growth toward sustainable revenue generation. Trading Platforms Apex Group launches the first verified ESG benchmarking database for the private markets News Team Monday, February 27, 2023 12:00 am https://fintech.managersofwealth.com/article/73311/apex-group-launches-the-first-verified-esg-benchmarking-database-for-the-private-markets ESG data collection and reporting have become increasingly important in the private markets. Trading Platforms Vienna Stock Exchange quadruples speed of data feed News Team Wednesday, January 11, 2023 12:00 am https://fintech.managersofwealth.com/article/72724/vienna-stock-exchange-quadruples-speed-of-data-feed This enables us to meet the highest technical and functional requirements for transparent information on securities trading Trading Platforms Broadridge Leverages Glue42 Capabilities to Deliver a Seamless Trading Interface News Team Monday, January 09, 2023 12:00 am https://fintech.managersofwealth.com/article/72686/broadridge-leverages-glue42-capabilities-to-deliver-a-seamless-trading-interface This move brings clients of Broadridge and Glue42 an integrated framework across products, creating a single workspace for banks and broker-dealers. Trading Platforms Lloyds PE arm invests in Etrading Software News Aggregation Team Monday, December 12, 2022 12:00 am https://fintech.managersofwealth.com/article/72404/lloyds-pe-arm-invests-in-etrading-software The investment will support Etrading Software as it looks to grow it range of services and to expand its offering internationally. Trading Platforms Nasdaq MRX migrates to AWS News Team Tuesday, December 06, 2022 12:00 am https://fintech.managersofwealth.com/article/72336/nasdaq-mrx-migrates-to-aws Nasdaq and AWS co-designed the ultra-low latency edge computing system for capital markets. Trading Platforms London Chamber of Commerce and DKK Partners collaborate on FX services News Team Tuesday, November 08, 2022 12:00 am https://fintech.managersofwealth.com/article/71971/london-chamber-of-commerce-and-dkk-partners-collaborate-on-fx-services Founded by fintech duo Khalid Talukder, previously of UBS, Citi & Deutsche Bank, and Dominic Duru of RBS and Citi, DKK enables businesses to manage currency risk in frontier markets. Trading Platforms Avenue Securities taps Sterling Trading Tech to bring Brazilian investors access to US markets News Team Monday, October 31, 2022 12:00 am https://fintech.managersofwealth.com/article/71863/avenue-securities-taps-sterling-trading-tech-to-bring-brazilian-investors-access-to-us-markets Avenue will utilize all three product lines in the Sterling ecosystem: Trading platforms Trading Platforms Deutsche Börse makes strategic investment into private derivatives trading platform News Aggregation Team Thursday, October 27, 2022 1:00 am https://fintech.managersofwealth.com/article/71829/deutsche-bampoumlrse-makes-strategic-investment-into-private-derivatives-trading-platform The exchange group has invested $3 million into Caplight Technologies to expand its derivatives trading and hedging capabilities on private company shares. Trading Platforms AlgoTrader becomes Wyden: A digital asset trading technology company News Team Wednesday, October 26, 2022 1:00 am https://fintech.managersofwealth.com/article/71811/algotrader-becomes-wyden-a-digital-asset-trading-technology-company The global leader in institutional trading technology for digital assets has officially renamed itself to Wyden. With this change, a unified single-brand approach across all market segments is introduced. Trading Platforms Scottish National Investment Bank Backs New ESG Property Technology News Aggregation Team Friday, March 31, 2023 1:00 am https://fintech.managersofwealth.com/article/73726/scottish-national-investment-bank-backs-new-esg-property-technology Among other initiatives, the Glasgow-based company intends to apply the investment in the creation of 50 new jobs, specialising in energy consumption monitoring technology accordingly. Alternative Investments BIS Innovation Hub opens in Paris and Frankfurt News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73697/bis-innovation-hub-opens-in-paris-and-frankfurt The Eurosystem Hub is part of a concerted global effort by central banks to get on top of emerging technologies. Alternative Investments J.P. Morgan to Acquire Aumni, a Leading Provider of Investment Analytics Software for Venture and Private Market Investors News Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73642/jp-morgan-to-acquire-aumni-a-leading-provider-of-investment-analytics-software-for-venture-and-private-market-investors Acquisition to bolster firm’s suite of private market solutions Alternative Investments GeoWealth snaps up First Ascent Asset Management in US News Aggregation Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73643/geowealth-snaps-up-first-ascent-asset-management-in-us The acquisition, whose financial terms were not divulged, will see the creation of an entity with more than $20bn in total assets. Alternative Investments Mondu Launches its B2B BNPL Solution in Fourth Country in 2 Years News Aggregation Team Wednesday, March 22, 2023 12:00 am https://fintech.managersofwealth.com/article/73605/mondu-launches-its-b2b-bnpl-solution-in-fourth-country-in-2-years The UK is one of the most digitised markets in Europe. Alternative Investments Two raises €18m for frictionless B2B transactions News Aggregation Team Tuesday, March 21, 2023 12:00 am https://fintech.managersofwealth.com/article/73592/two-raises-ampeuro18m-for-frictionless-b2b-transactions Two says its technology makes it as easy to accept business orders on net terms as it is to accept card payments from consumers. Alternative Investments Salerio trade processing goes live at Jennison Associates News Team Monday, March 20, 2023 12:00 am https://fintech.managersofwealth.com/article/73564/salerio-trade-processing-goes-live-at-jennison-associates Salerio’s centralised trade processing management enabled Jennison to retire several inefficient and expensive-to-maintain legacy systems. Alternative Investments Lloyds Banking Group invests £10m in FinTech Yoti News Aggregation Team Tuesday, March 14, 2023 12:00 am https://fintech.managersofwealth.com/article/73501/lloyds-banking-group-invests-amppound10m-in-fintech-yoti Businesses across a range of industries – from financial services and retail to gaming and e-commerce – are utilising Digital ID services. Alternative Investments CQG and Broadridge to integrate OMS and EMS technologies News Team Tuesday, March 14, 2023 12:00 am https://fintech.managersofwealth.com/article/73503/cqg-and-broadridge-to-integrate-oms-and-ems-technologies These types of partnerships complement Broadridge's open architecture approach of the OMS. Alternative Investments Platform space to expand as Ascot Lloyd launches new offering News Aggregation Team Friday, March 10, 2023 12:00 am https://fintech.managersofwealth.com/article/73463/platform-space-to-expand-as-ascot-lloyd-launches-new-offering Firm has partnered with SS&C Technologies for its new venture Alternative Investments Covid robot enforces social distancing in crowds News Aggregation Team Friday, December 03, 2021 12:00 am https://fintech.managersofwealth.com/article/67379/covid-robot-enforces-social-distancing-in-crowds Scientists from the University of Maryland have designed a robot which intervenes when two or more people are standing under two metres away from each other Covid-19 Vaccination status and flexible workstyle influence consumer optimism News Aggregation Team Monday, November 29, 2021 12:00 am https://fintech.managersofwealth.com/article/67323/vaccination-status-and-flexible-workstyle-influence-consumer-optimism Overall, 61% of respondents are optimistic about the future, and only 18% are not. Covid-19 The dangers of digital payments growing popular after Covid-19 News Aggregation Team Wednesday, June 09, 2021 1:00 am https://fintech.managersofwealth.com/article/64644/the-dangers-of-digital-payments-growing-popular-after-covid-19 However, the coronavirus crisis has arguably been a key driver behind the new take-up of digital payments. Covid-19 Technology after the coronavirus pandemic News Aggregation Team Monday, April 05, 2021 1:00 am https://fintech.managersofwealth.com/article/63775/technology-after-the-coronavirus-pandemic One major concern among tech giants is the rollout of so-called digital services taxes throughout Europe Covid-19 Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being News Team Tuesday, January 26, 2021 12:00 am https://fintech.managersofwealth.com/article/62613/workplace-stress-during-covid-19-5-ways-to-support-your-employeesamprsquo-mental-well-being Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward. Covid-19 How Covid-19 changed online trading and what 2021 has in store News Aggregation Team Tuesday, December 15, 2020 12:00 am https://fintech.managersofwealth.com/article/61957/how-covid-19-changed-online-trading-and-what-2021-has-in-store We will continue to see those from diverse backgrounds becoming interested in short term speculating and long-term investing. Covid-19 The Digital Nomads Did Not Prepare for This News Aggregation Team Monday, November 09, 2020 12:00 am https://fintech.managersofwealth.com/article/61407/the-digital-nomads-did-not-prepare-for-this They moved to exotic locales to work through the pandemic in style. But now tax trouble, breakups and Covid guilt are setting in. Covid-19 Pandemic drives financial advisers to speed tech change News Aggregation Team Friday, November 06, 2020 12:00 am https://fintech.managersofwealth.com/article/61383/pandemic-drives-financial-advisers-to-speed-tech-change Digital shift could cut costs and open sector for broader range of clients Covid-19 The post COVID war has started: the leading group of digital banks against Big tech and Fintech News Aggregation Team Wednesday, October 28, 2020 12:00 am https://fintech.managersofwealth.com/article/61225/the-post-covid-war-has-started-the-leading-group-of-digital-banks-against-big-tech-and-fintech Digital sales, a dangerous unseized opportunity for banks Covid-19 M&A Opportunities in the COVID-19 Digital Transformation News Aggregation Team Sunday, October 25, 2020 1:00 am https://fintech.managersofwealth.com/article/61148/mampampa-opportunities-in-the-covid-19-digital-transformation This period of transformation provides opportunity for those investors and businesses who are able to efficiently adapt and take advantage of the new trends. Covid-19 Sustainable investment app Climate8 shuts down News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73690/sustainable-investment-app-climate8-shuts-down The firm has raised more than £10 million in equity rounds and also secured millions more through a series of crowdfunding campaigns. Planet SOS ESG-focused fintech Spiral raises $28mn to launch B2B model News Aggregation Team Wednesday, March 29, 2023 1:00 am https://fintech.managersofwealth.com/article/73694/esg-focused-fintech-spiral-raises-28mn-to-launch-b2b-model US fintech Spiral has raised US$28mn to help it transition to a B2B approach, and enable banks and financial institutions to drive sustainability Planet SOS Climate data fintech Connect Earth seals £4.65 million investment round News Aggregation Team Tuesday, March 28, 2023 1:00 am https://fintech.managersofwealth.com/article/73678/climate-data-fintech-connect-earth-seals-amppound465-million-investment-round We are delighted to have secured this investment, which will enable us to significantly increase our capacity for working with new partners around the world. Planet SOS Climate fintech HeavyFinance raises €3m seed News Aggregation Team Monday, March 27, 2023 1:00 am https://fintech.managersofwealth.com/article/73663/climate-fintech-heavyfinance-raises-ampeuro3m-seed The round was led by VC firm Practica Capital and will help the company continue its European expansion as it plans to nearly double its headcount over the next 12 months. Planet SOS Atlas Responsible Investors Optimizes Tech with Broadridge’s Portfolio and Order Management Solution News Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73639/atlas-responsible-investors-optimizes-tech-with-broadridgeamprsquos-portfolio-and-order-management-solution Enables Atlas to gain investment management operational efficiencies and better manage risk Planet SOS Wealth for Good summit: the next unicorn will emerge from technology start-ups that help the world shift into a net-zero economy News Aggregation Team Friday, March 24, 2023 12:00 am https://fintech.managersofwealth.com/article/73640/wealth-for-good-summit-the-next-unicorn-will-emerge-from-technology-start-ups-that-help-the-world-shift-into-a-net-zero-economy Hong Kong also presents abundant “scenarios” where green technology or SusTech can be applied Planet SOS Climate Tech lender HeavyFinance closes €3 million seed funding round News Team Thursday, March 23, 2023 12:00 am https://fintech.managersofwealth.com/article/73626/climate-tech-lender-heavyfinance-closes-ampeuro3-million-seed-funding-round The company has built an underlying infrastructure to score the borrowing capabilities of farmers and agricultural operators to facilitate transactions and administer loans more effectively. Planet SOS Creating a sustainable world with FinTech News Aggregation Team Tuesday, March 21, 2023 12:00 am https://fintech.managersofwealth.com/article/73576/creating-a-sustainable-world-with-fintech In the FinTech industry, GCash has been a pioneering force in sustainability since 2019 Planet SOS Hub71 and Investible’s Partnership Opens Doors for ClimateTech Startups News Aggregation Team Monday, March 13, 2023 12:00 am https://fintech.managersofwealth.com/article/73478/hub71-and-investibleamprsquos-partnership-opens-doors-for-climatetech-startups Their partnership also supports the development of climatetech startups, reinforcing Hub71’s commitment to diversifying capital sources for startups. Planet SOS Finastra Launches ESG Service for Lending News Aggregation Team Monday, March 13, 2023 12:00 am https://fintech.managersofwealth.com/article/73491/finastra-launches-esg-service-for-lending It also has scope to add additional pricing components, beyond interest and ongoing fees, and the ability to support multiple transaction processing systems that require loan pricing adjustments. Planet SOS