Managers of Wealth - Fintech https://fintech.managersofwealth.com/ Tue, 22 Oct 2024 05:46:14 BST part of MediaG8way Group https://fintech.managersofwealth.com/ https://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Where can wealth managers find opportunity when assets are in flux? News Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80404/where-can-wealth-managers-find-opportunity-when-assets-are-in-flux Firms will come under increasing pressure to deliver best-in-class client experiences Wealth & Asset Management Crypto Investment Among Asian Private Wealth Managers Rises To 76% News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80383/crypto-investment-among-asian-private-wealth-managers-rises-to-76 A staggering 94% of FOs and HNIs are either currently investing or plan to invest in digital assets. Wealth & Asset Management DBS rolls out blockchain-based banking for institutions News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80389/dbs-rolls-out-blockchain-based-banking-for-institutions DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency. Wealth & Asset Management InvestCloud Revolutionizes Wealth Management for FirstCape with Multi-Stage Digital Transformation News Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80373/investcloud-revolutionizes-wealth-management-for-firstcape-with-multi-stage-digital-transformation InvestCloud’s fully integrated platform set to significantly boost advisor efficiency, enable growth and scale for New Zealand’s premier advisory and asset management firm, enhancing client engagement at every stage of the investment lifecycle Wealth & Asset Management Danske Bank Implements Broadridge’s Global Proxy Voting Solution to Enhance Investor Services News Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80376/danske-bank-implements-broadridgeamprsquos-global-proxy-voting-solution-to-enhance-investor-services The implementation extends the trusted strategic relationship between Danske Bank and Broadridge. Wealth & Asset Management Apex Fintech Solutions Announces Acquisition of FinTron, Enhancing Digital Wealth Management Services News Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80357/apex-fintech-solutions-announces-acquisition-of-fintron-enhancing-digital-wealth-management-services This alliance allows Apex’s clients to deliver custom-designed user interfaces and experiences for brokerage platforms, pre-integrated into the Apex platform. Wealth & Asset Management Wealth Managers Call on Asset Managers to Bolster Product Specialist Talent, New MMI-Broadridge Survey Reveals News Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80342/wealth-managers-call-on-asset-managers-to-bolster-product-specialist-talent-new-mmi-broadridge-survey-reveals 74% of wealth managers urge an increase in product specialists from asset managers Wealth & Asset Management Wealth management firm Farther quadruples valuation with $72m Series C News Aggregation Team Monday, October 14, 2024 1:00 am https://fintech.managersofwealth.com/article/80322/wealth-management-firm-farther-quadruples-valuation-with-72m-series-c CEO and co-founder Taylor Matthews says the firm’s latest raise will be used to “continue enhancing Farther’s technology”. Wealth & Asset Management The digital revolution in wealth management: Transforming client service and operations News Team Friday, October 11, 2024 1:00 am https://fintech.managersofwealth.com/article/80300/the-digital-revolution-in-wealth-management-transforming-client-service-and-operations These innovative solutions are reshaping how to engage with clients, streamline operations, and refine investment strategies. Wealth & Asset Management Citi and Mastercard Join Forces to Transform Global Cross-Border Payments News Team Friday, October 11, 2024 1:00 am https://fintech.managersofwealth.com/article/80301/citi-and-mastercard-join-forces-to-transform-global-cross-border-payments Citi is the first global bank to enable cross-border payments to Mastercard debit cards Wealth & Asset Management Batumbu Names Reza Perazi as President Director, Adds 2 New Board Members News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80388/batumbu-names-reza-perazi-as-president-director-adds-2-new-board-members Batumbu, now in its sixth year of operation Executive Moves Ex-Goldman Sachs MD & Apple Card head joins a UK fintech News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80395/ex-goldman-sachs-md-ampamp-apple-card-head-joins-a-uk-fintech Mike Boush has joined Wise's North American team as head of banking. Executive Moves Tim Rutten Takes on CMO Role at Backbase News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80368/tim-rutten-takes-on-cmo-role-at-backbase As I step into this new role, I’m more energised than ever to continue working alongside our talented marketing team. Executive Moves OKX Names Global Chief Risk Officer News Aggregation Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80351/okx-names-global-chief-risk-officer Mushkin previously worked at McKinsey Investment Office Partners, where he managed over US$20 billion across public and private markets. Executive Moves Microsoft banking lead joins PwC as partner News Aggregation Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80352/microsoft-banking-lead-joins-pwc-as-partner This move also underscores the growing importance of collaboration between consulting firms and large tech companies Executive Moves Temenos appoints Barb Morgan as Chief Product and Technology Officer News Team Friday, October 11, 2024 1:00 am https://fintech.managersofwealth.com/article/80303/temenos-appoints-barb-morgan-as-chief-product-and-technology-officer Her appointment is effective immediately. Executive Moves Ex-UBS boss Hamers joins AI wealth management startup Arta Finance News Aggregation Team Friday, October 11, 2024 1:00 am https://fintech.managersofwealth.com/article/80308/ex-ubs-boss-hamers-joins-ai-wealth-management-startup-arta-finance Hamers, who left UBS last year, has also acquired a stake in Arta, joining a host of early stage investors, including former Google chief Eric Schmidt. Executive Moves Iress rejigs leadership team News Aggregation Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80285/iress-rejigs-leadership-team The financial software and data firm has promoted Harry Mitchell to deputy chief executive, effective immediately. Executive Moves Toss Securities promotes Gyubin Kim to CEO News Aggregation Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80299/toss-securities-promotes-gyubin-kim-to-ceo Dongwan Ko has been appointed as the new head of product at Toss Securities Executive Moves RTGS.global co-founder Nick Ogden resigns News Aggregation Team Wednesday, October 09, 2024 1:00 am https://fintech.managersofwealth.com/article/80275/rtgsglobal-co-founder-nick-ogden-resigns The fintech offers a settlement solution that enables commercial banks, central banks and regulators to perform gross settlement for cross-border transactions in real time. Executive Moves Bank of Ireland warns businesses of new 'live chat' scam News Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80406/bank-of-ireland-warns-businesses-of-new-amp039live-chatamp039-scam Fraudsters are calling customers pretending to be from Bank of Ireland Legal,Regulation,Tax & Compliance RBA consults on card scheme fees and surcharging News Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80382/rba-consults-on-card-scheme-fees-and-surcharging The Reserve Bank of Australia (RBA) is commencing its Review into Retail Payments Regulation. Legal,Regulation,Tax & Compliance UK Government consults on new rules for buy now, pay later products News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80384/uk-government-consults-on-new-rules-for-buy-now-pay-later-products The new rules will allow the FCA to demand checks on affordability so that BNPL firms will have to ensure that shoppers are able to afford repayments before offering a loan. Legal,Regulation,Tax & Compliance Insurance Amendment Bill Passed Amid Concerns Over Allianz-Income Deal News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80367/insurance-amendment-bill-passed-amid-concerns-over-allianz-income-deal Minister for Transport and Second Minister for Finance, Chee Hong Tat, introduced the bill on behalf of Deputy Prime Minister Gan Kim Yong. Legal,Regulation,Tax & Compliance Sahm Capital Becomes the First Fintech-Driven Financial Company Granted Full Licenses by the CMA News Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80372/sahm-capital-becomes-the-first-fintech-driven-financial-company-granted-full-licenses-by-the-cma Founded in 2022, Sahm Capital has quickly established itself as a trailblazer in the financial service industry. Legal,Regulation,Tax & Compliance Cryptocurrencies and digital assets holding strategies – tax considerations in Luxembourg News Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80377/cryptocurrencies-and-digital-assets-holding-strategies-ampndash-tax-considerations-in-luxembourg Cryptocurrencies introduce new concepts that challenge traditional tax norms. Legal,Regulation,Tax & Compliance Bermuda Monetary Authority initiates consultation on proposed changes to Bermuda’s digital asset business regime News Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80378/bermuda-monetary-authority-initiates-consultation-on-proposed-changes-to-bermudaamprsquos-digital-asset-business-regime The proposed amendments aim to enhance the BMA’s administrative, rule-making and enforcement powers, refine definitions used in the Act and amend annual reporting requirements. Legal,Regulation,Tax & Compliance Carey Olsen advises Gate.io on launch of cryptocurrency venture capital fund News Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80359/carey-olsen-advises-gateio-on-launch-of-cryptocurrency-venture-capital-fund Carey Olsen additionally advised on the formation and registration of the Fund's investment manager as an approved manager under the laws of the BVI. Legal,Regulation,Tax & Compliance Dubai launches dedicated IP hub to help drive innovative technology News Aggregation Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80343/dubai-launches-dedicated-ip-hub-to-help-drive-innovative-technology Launched by the Dubai Future Foundation and the UAE Ministry of Economy, the DIPH aims to foster innovation in the region. Legal,Regulation,Tax & Compliance Warburg Pincus snaps up minority stake in Brazil’s Contabilizei for $125m News Aggregation Team Monday, October 14, 2024 1:00 am https://fintech.managersofwealth.com/article/80329/warburg-pincus-snaps-up-minority-stake-in-brazilamprsquos-contabilizei-for-125m Following the deal, Warburg Pincus now has a portfolio of 11 Brazilian companies Legal,Regulation,Tax & Compliance CaixaBank switches on instalment payments with Apple Pay News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80408/caixabank-switches-on-instalment-payments-with-apple-pay CaixaBank has become the first financial institution in continental Europe to offer buy now, pay later services to users checking out with Apple Pay. Retail Banking HSBC to accept overseas credit history for UK mortgage applications News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80381/hsbc-to-accept-overseas-credit-history-for-uk-mortgage-applications HSBC is to make it easier for international customers with no local credit history to apply for a UK mortgage. Retail Banking Bank of Kenya migrates national payment system to ISO20022 News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80390/bank-of-kenya-migrates-national-payment-system-to-iso20022 The standardisation that ISO20022 brings with it will boost KEPSS into processing international transactions and improving liquidity management. Retail Banking Capital One partners with Minna Technologies to offer subscription management tools in its banking a News Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80392/capital-one-partners-with-minna-technologies-to-offer-subscription-management-tools-in-its-banking-a Minna Technologies is an embedded financial technology company with a global network spanning subscription businesses, retail banks and fintechs Retail Banking Klarna Payment goes live on Apple Pay In-App and online checkout News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80393/klarna-payment-goes-live-on-apple-pay-in-app-and-online-checkout The global expansion will continue, with Canada slated to launch in the coming months. Retail Banking Tyfone launches Payfinia Inc. to disrupt instant payment experience News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80369/tyfone-launches-payfinia-inc-to-disrupt-instant-payment-experience Payfinia will offer solutions grounded in digital trust and security, enabling organisations across industries to access real-time payments with unprecedented efficiency and reliability. Retail Banking Morocco’s CIH Bank selects Backbase to power its digital transformation News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80371/moroccoamprsquos-cih-bank-selects-backbase-to-power-its-digital-transformation Specifically, CIH Bank expects this integration to streamline its onboarding processes for both local customers and Moroccans living abroad. Retail Banking Keeping Up with the Pace: Modernising Payment Systems News Aggregation Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80353/keeping-up-with-the-pace-modernising-payment-systems With the rapid evolution of payment methods and regulations, banks must stay ahead of the curve or risk being left out of the game. Retail Banking G7 and Alipay+ Join Forces to Make Payments More Accessible for Visitors in France News Aggregation Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80355/g7-and-alipay-join-forces-to-make-payments-more-accessible-for-visitors-in-france Customers will be able to pay directly via their mobile device, by scanning the QR code generated on in-vehicle payment terminals provided by G7. Retail Banking BCG: Global Payments Growth to Slow as Fintechs Gain Ground News Aggregation Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80335/bcg-global-payments-growth-to-slow-as-fintechs-gain-ground The report attributes this to the continued adoption of digital payments in these regions. Retail Banking How AI Will Transform Wealth Management News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80396/how-ai-will-transform-wealth-management The financial services industry has already begun to benefit from what AI can offer. Bitcoin, Blockchain & AI Surveying the Future of AI in Wealth Management – Perspectives from the Wealth Management Community News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80397/surveying-the-future-of-ai-in-wealth-management-ampndash-perspectives-from-the-wealth-management-community AI is seen as a game-changer across wealth management, with respondents highlighting its current and future roles. Bitcoin, Blockchain & AI BBVA ranks among the 15 most advanced banks in AI worldwide News Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80398/bbva-ranks-among-the-15-most-advanced-banks-in-ai-worldwide The Evident AI Index evaluates the degree of implementation of data and AI technologies at the world’s 50 largest banks. Bitcoin, Blockchain & AI Crypto Banks Under Fire? Regulatory Crackdowns And Opportunities News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80400/crypto-banks-under-fire-regulatory-crackdowns-and-opportunities A major draw for Customers Bank was its real-time payments system licensed from TassatPay, the same technology that had powered Signature Bank’s Signet. Bitcoin, Blockchain & AI Swiss Banks Embrace Blockchain, Prioritizing Cryptocurrencies, HSG Study Finds News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80405/swiss-banks-embrace-blockchain-prioritizing-cryptocurrencies-hsg-study-finds The research found that over 60% of banks in Switzerland are pursuing concrete plans related to cryptocurrencies, with half of these institutions considering the development and expansion of their crypto offerings as highly prioritized. Bitcoin, Blockchain & AI Researchers hack AI-enabled robots to cause ‘real world’ harm News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80385/researchers-hack-ai-enabled-robots-to-cause-amplsquoreal-worldamprsquo-harm Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions. Bitcoin, Blockchain & AI Stripe in talks to acquire stablecoin platform Bridge News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80387/stripe-in-talks-to-acquire-stablecoin-platform-bridge After a six year hiatus, Stripe returned to crypto in April, allowing merchants to accept stablecoins for online payments. Bitcoin, Blockchain & AI Trump family gets 75% of crypto coin revenue, has no liability, new document reveals News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80394/trump-family-gets-75-of-crypto-coin-revenue-has-no-liability-new-document-reveals Crypto projects typically release white papers before they launch their coins Bitcoin, Blockchain & AI Swift to Launch AI-Powered Fraud Detection in 2025 News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80366/swift-to-launch-ai-powered-fraud-detection-in-2025 Swift has a long track record of supporting our community by staying one step ahead Bitcoin, Blockchain & AI Ethereum price crashes often follow ETH open interest peaks — Will history repeat? News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80370/ethereum-price-crashes-often-follow-eth-open-interest-peaks-ampmdash-will-history-repeat Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash. Bitcoin, Blockchain & AI Over 62% of UK cite mobile app fraud as top concern News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80365/over-62-of-uk-cite-mobile-app-fraud-as-top-concern Findings showed a growing awareness of social engineering scams, with 55.1% reporting “vishing” as top risk. Mobile Banking Cashless Future: Mobile Payments surge as cash disappears in the Nordics News Aggregation Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80362/cashless-future-mobile-payments-surge-as-cash-disappears-in-the-nordics The report highlights a striking contrast between merchants’ confidence and consumers’ apprehension. Mobile Banking AperiData rolls out open banking credit score News Aggregation Team Monday, October 14, 2024 1:00 am https://fintech.managersofwealth.com/article/80321/aperidata-rolls-out-open-banking-credit-score The vendor cites the case of an unnamed lender which used the data generated to to overturn and approve nine in ten marginal declines from traditional CRA ratings. Mobile Banking M2U app now comes packed with improved features News Aggregation Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80289/m2u-app-now-comes-packed-with-improved-features This time, Maybank Philippines is elevating the digital banking experience with the launch of the optimized M2U. Mobile Banking Lakeside Bank selects Volante’s PaaS for RTP processing News Aggregation Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80290/lakeside-bank-selects-volanteamprsquos-paas-for-rtp-processing This is expected to deliver several advantages to the bank’s commercial clients, including immediate fund access, enhanced cash flow, and reduced settlement risks. Mobile Banking MeDirect cements role as Malta’s digital bank News Aggregation Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80297/medirect-cements-role-as-maltaamprsquos-digital-bank Only Maltese institution providing a wealth of investing, retail and corporate banking services, all through a market leading mobile app and online banking platform Mobile Banking Standard Bank, Absa and Nedbank are hunting for South Africans with these skills News Aggregation Team Wednesday, October 09, 2024 1:00 am https://fintech.managersofwealth.com/article/80271/standard-bank-absa-and-nedbank-are-hunting-for-south-africans-with-these-skills The rapid adoption of digital banking in South Africa is mainly due to increased mobile penetration, growing access to the Internet, and a rising consumer appetite for convenience and efficiency. Mobile Banking Forrester’s 2024 North American Digital Experience Review: Banks Must Differentiate Their Mobile Banking Apps Better To Create Value For Customers News Aggregation Team Tuesday, October 08, 2024 1:00 am https://fintech.managersofwealth.com/article/80260/forresteramprsquos-2024-north-american-digital-experience-review-banks-must-differentiate-their-mobile-banking-apps-better-to-create-value-for-customers U.S. Bank’s app offers a strong user experience Mobile Banking Meta program helps U.K. banks take down scammers' social accounts News Aggregation Team Thursday, October 03, 2024 1:00 am https://fintech.managersofwealth.com/article/80205/meta-program-helps-uk-banks-take-down-scammersamp039-social-accounts During the pilot stage, two banks shared fraud data with Meta: NatWest and Metro Bank. Mobile Banking Intrepid Credit Union Partners with Alkami to Launch New Digital Banking Platform News Aggregation Team Thursday, October 03, 2024 1:00 am https://fintech.managersofwealth.com/article/80212/intrepid-credit-union-partners-with-alkami-to-launch-new-digital-banking-platform The upgrade represents a significant leap forward to provide new tools and features for Intrepid Credit Union’s members to empower them on their financial journey and deliver a best-in-class user experience. Mobile Banking Is the fintech industry ready for Gen Z demands? Gen Z leads the rewards revolution, finds ZBD payments study News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80410/is-the-fintech-industry-ready-for-gen-z-demands-gen-z-leads-the-rewards-revolution-finds-zbd-payments-study Gen Z will likely be the largest and richest generation in human history. Comment & Analysis Almost half of traditional hedge funds invest in crypto News Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80349/almost-half-of-traditional-hedge-funds-invest-in-crypto The survey found two thirds (67%) of those already invested plan to maintain the same level of capital employed, while the remaining third aim to invest more capital by the end of 2024. Comment & Analysis Core Technology Holding Us Back’ Say 55% of Banks—new 10x Banking Research Reveals News Aggregation Team Wednesday, October 09, 2024 1:00 am https://fintech.managersofwealth.com/article/80276/core-technology-holding-us-backamprsquo-say-55-of-banksampmdashnew-10x-banking-research-reveals Only 2% of respondents have no plans to deprecate their legacy core technology and replace it with modern technologies. Comment & Analysis Can artificial intelligence replace human traders? News Aggregation Team Wednesday, October 09, 2024 1:00 am https://fintech.managersofwealth.com/article/80279/can-artificial-intelligence-replace-human-traders This level of technology is at least another five to seven years away, and until it comes around, human intelligence will remain a vital component in trading that won't be easily replaced. Comment & Analysis Private markets and digital transformation, where are we now? News Aggregation Team Monday, October 07, 2024 1:00 am https://fintech.managersofwealth.com/article/80247/private-markets-and-digital-transformation-where-are-we-now There are many areas within private markets that are ripe for digital transformation. Comment & Analysis Survey uncovers tech aversion within financial institutions News Aggregation Team Tuesday, September 24, 2024 1:00 am https://fintech.managersofwealth.com/article/80110/survey-uncovers-tech-aversion-within-financial-institutions The majority of UK-based financial firms are risk-averse when it comes to new technology, according to recently published research. Comment & Analysis Buy now, pay later loans could provide consumers with a new, easy way to build credit News Aggregation Team Tuesday, September 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80021/buy-now-pay-later-loans-could-provide-consumers-with-a-new-easy-way-to-build-credit These borrowers are selecting fast, highly regimented payment plans Comment & Analysis Interview: Simon Paris, Finastra – the future of finance is open News Aggregation Team Wednesday, September 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79955/interview-simon-paris-finastra-ampndash-the-future-of-finance-is-open When it’s open, finance can transform societies and help more people access the banking services they need to prosper. Comment & Analysis Build market share by embracing your digital transformation News Aggregation Team Tuesday, August 27, 2024 1:00 am https://fintech.managersofwealth.com/article/79786/build-market-share-by-embracing-your-digital-transformation Many business-to-business sellers lag behind their direct-to-consumer counterparts when it comes to adoption of these new technologies. Comment & Analysis Top Fintech Companies in Boston 2024 News Aggregation Team Thursday, August 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79743/top-fintech-companies-in-boston-2024 Leading fintech companies in Boston range from providers of global payments, small business lenders, digital banks as well as digital voice solutions Comment & Analysis Cybercrime warning in South Africa News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80401/cybercrime-warning-in-south-africa Overall, the total number of cyber claims in 2024 is expected to stabilise, following a 30% increase in frequency during 2023, which resulted in 700+ claims. Cyber Security Standard Bank’s massive cybersecurity team News Aggregation Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80340/standard-bankamprsquos-massive-cybersecurity-team Standard Bank spends more than R1-billion/year keeping its systems safe from attackers. Cyber Security Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing News Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80341/broadridge-launches-enhanced-operational-resilience-solution-and-services-for-international-post-trade-processing Broadridge’s operational resilience services and solutions for international post-trade processing enable firms to mutualize the cost of ensuring business continuity in the face of growing cyber-attacks Cyber Security Mastercard to pilot enhanced ID verification service in Europe News Aggregation Team Monday, October 14, 2024 1:00 am https://fintech.managersofwealth.com/article/80331/mastercard-to-pilot-enhanced-id-verification-service-in-europe Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders Cyber Security Australian government launches initiative to boost small business cyber resilience News Aggregation Team Monday, October 14, 2024 1:00 am https://fintech.managersofwealth.com/article/80332/australian-government-launches-initiative-to-boost-small-business-cyber-resilience This program focuses on equipping businesses with essential cyber safety practices to fend off digital threats. Cyber Security In-house legal and cyber experts must work together on cyber risk News Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80287/in-house-legal-and-cyber-experts-must-work-together-on-cyber-risk The survey results formed part of a report by the Financial Times (FT) on the critical role in-house lawyers can play in protecting the business. Cyber Security MoneyGram says hackers stole customer data News Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80288/moneygram-says-hackers-stole-customer-data Customers are advised to "remain vigilant" while some are being offered identity monitoring services for two years at no cost. Cyber Security Passkeys Replace Passwords as Banks Seek Better Authentication Options News Aggregation Team Monday, October 07, 2024 1:00 am https://fintech.managersofwealth.com/article/80241/passkeys-replace-passwords-as-banks-seek-better-authentication-options This setup is especially useful for individuals with multiple devices Cyber Security Hong Kong Government considers changes to proposed critical infrastructure cybersecurity law News Team Monday, October 07, 2024 1:00 am https://fintech.managersofwealth.com/article/80249/hong-kong-government-considers-changes-to-proposed-critical-infrastructure-cybersecurity-law The Security Bureau received 53 written submissions, and the report states that the majority of these were in favor of the proposed legislation. Cyber Security Meta and UK banks forge partnership to tackle online scams News Aggregation Team Friday, October 04, 2024 1:00 am https://fintech.managersofwealth.com/article/80235/meta-and-uk-banks-forge-partnership-to-tackle-online-scams More insights include the broader impact and reception of this partnership. Cyber Security Family guys focus on the Fed, tech and succession plans News Aggregation Team Wednesday, September 25, 2024 1:00 am https://fintech.managersofwealth.com/article/80111/family-guys-focus-on-the-fed-tech-and-succession-plans Family offices are becoming increasingly professionalised and global. Research Visa reveals SME megatrends in the UAE News Team Monday, July 22, 2024 1:00 am https://fintech.managersofwealth.com/article/79381/visa-reveals-sme-megatrends-in-the-uae Visa recognizes the pivotal role of SMEs in driving economic growth Research Digital infrastructure top challenge to real world asset tokenisation News Aggregation Team Wednesday, July 17, 2024 1:00 am https://fintech.managersofwealth.com/article/79329/digital-infrastructure-top-challenge-to-real-world-asset-tokenisation Cybersecurity, decentralised finance and digital identity were also recognised as critical elements Research May crypto investments hit $1B driven by Notcoin launch — KuCoin News Aggregation Team Thursday, June 13, 2024 1:00 am https://fintech.managersofwealth.com/article/78919/may-crypto-investments-hit-1b-driven-by-notcoin-launch-ampmdash-kucoin KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch. Research How AI Can Help Asset Managers Do Their Jobs News Aggregation Team Thursday, May 30, 2024 1:00 am https://fintech.managersofwealth.com/article/78742/how-ai-can-help-asset-managers-do-their-jobs Digging up data, boosting productivity, divining client needs—these are among the benefits artificial intelligence can bring, per a BCG report. Research Investing in Fintech: How Technology is Reshaping the Financial Services Landscape News Aggregation Team Friday, May 17, 2024 1:00 am https://fintech.managersofwealth.com/article/78598/investing-in-fintech-how-technology-is-reshaping-the-financial-services-landscape Recent quarters have seen a slowing in the rate of deals being done but fintech innovation remains a very powerful economic driver across the global economy. Research Time to ditch your wallet for good. Are you in? News Aggregation Team Monday, May 13, 2024 1:00 am https://fintech.managersofwealth.com/article/78523/time-to-ditch-your-wallet-for-good-are-you-in Bank of Valletta has rolled out an extensive digital wallet service Research Fintech pro launches green banking startup News Aggregation Team Wednesday, May 01, 2024 1:00 am https://fintech.managersofwealth.com/article/78411/fintech-pro-launches-green-banking-startup While keeping its original brand, this startup will extend offerings like environmentally-sustainable checking, savings, and investment accounts. Research UK Finance and Addleshaw Goddard Set Groundwork to Develop VRPs for Commercial Use News Aggregation Team Friday, April 26, 2024 1:00 am https://fintech.managersofwealth.com/article/78362/uk-finance-and-addleshaw-goddard-set-groundwork-to-develop-vrps-for-commercial-use This is a positive step forward to help unlock the potential for open banking payments. Research Digital wealth: Balancing digital capabilities and the personal touch News Team Thursday, March 28, 2024 12:00 am https://fintech.managersofwealth.com/article/78033/digital-wealth-balancing-digital-capabilities-and-the-personal-touch The wealth space continues to undergo a period of profound and accelerating digital transformation Research Techcombank and Databricks Revolutionize Banking for Millions of Customers with Cutting-Edge Data and AI Solutions News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80399/techcombank-and-databricks-revolutionize-banking-for-millions-of-customers-with-cutting-edge-data-and-ai-solutions Over the last three years, Techcombank has been consolidating data sources from across the bank and migrating them to the cloud to create a bank-wide ‘data brain’. Innovation & Startups AFP: Fraud is the biggest painpoint for accounts payables automation News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80402/afp-fraud-is-the-biggest-painpoint-for-accounts-payables-automation There are plenty of US organisations that are cheque heavy, and on the other hand, fraud issues will continue to grow. Innovation & Startups Broadridge Expands OTC Derivatives Reporting Solution Across Multiple Jurisdictions News Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80407/broadridge-expands-otc-derivatives-reporting-solution-across-multiple-jurisdictions Broadridge is also proactively expanding its offerings to include other updated regulatory regimes and asset classes Innovation & Startups US fintech start-up CapWay shuts down News Aggregation Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80386/us-fintech-start-up-capway-shuts-down There is still much work to be done in the financial inclusion space Innovation & Startups Hazeltree bolsters zConnect platform with Necto APIs News Team Friday, October 18, 2024 1:00 am https://fintech.managersofwealth.com/article/80391/hazeltree-bolsters-zconnect-platform-with-necto-apis Necto's extensive network of banking APIs complements Hazeltree's existing connectivity Innovation & Startups Broadridge Launches Instant Payments Service, Aligned with New EU Regulations News Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80375/broadridge-launches-instant-payments-service-aligned-with-new-eu-regulations The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary. Innovation & Startups How technology helps growth and customer excellence in equity release News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80379/how-technology-helps-growth-and-customer-excellence-in-equity-release The opinions expressed here are those of the authors. Innovation & Startups Allan Rayson Launches Finov8r to Empower Financial Institutions with Embedded Advisory Services News Aggregation Team Thursday, October 17, 2024 1:00 am https://fintech.managersofwealth.com/article/80380/allan-rayson-launches-finov8r-to-empower-financial-institutions-with-embedded-advisory-services New advisory consultancy bridges finance and technology to deliver sustainable growth for banks, fintechs, and corporates. Innovation & Startups BNP Paribas Personal Finance UK celebrates successful incubator programme News Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80334/bnp-paribas-personal-finance-uk-celebrates-successful-incubator-programme BNP Paribas Personal Finance UK remains firm in its commitment to driving innovation and will be joining forces with SuperTech to host a fringe event during Birmingham Tech Week. Innovation & Startups Profile Centevo & Danske Bank sign fund management partnership News Aggregation Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80344/profile-centevo-ampamp-danske-bank-sign-fund-management-partnership Profile Centevo will provide advanced fund management services and solutions integral to Danske Bank’s vision of simplifying its operations through refocusing, alignment and consolidation. Innovation & Startups ETFs Utilize Integrated Management Approach, Provide Allocations to All Core Equity Asset Classes News Team Friday, October 11, 2024 1:00 am https://fintech.managersofwealth.com/article/80305/etfs-utilize-integrated-management-approach-provide-allocations-to-all-core-equity-asset-classes The new equity-based ETFs now provide building block solutions for investor portfolios across all core equity asset classes. Trading Platforms Broadridge Launches Tradeverse, Transforms the Way Global Financial Firms Manage Their Trading Data News Aggregation Team Wednesday, September 04, 2024 1:00 am https://fintech.managersofwealth.com/article/79880/broadridge-launches-tradeverse-transforms-the-way-global-financial-firms-manage-their-trading-data Cloud-native platform reinvents the data lake by capturing and harmonizing the full transaction lifecycle, enabling firms to unlock opportunities through advanced data analytics and AI capabilities Trading Platforms Newgen launches trade finance platform in the Middle East News Team Monday, September 02, 2024 1:00 am https://fintech.managersofwealth.com/article/79845/newgen-launches-trade-finance-platform-in-the-middle-east The Middle East launch of Newgen’s trade finance platform follows a strong year of growth for the company Trading Platforms Payoneer acquires payroll start-up Skuad in Singapore for $61m News Aggregation Team Thursday, August 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79588/payoneer-acquires-payroll-start-up-skuad-in-singapore-for-61m It currently operates in 160 countries worldwide with support for 100 currencies. Trading Platforms Trading app gamification can increase risk taking - FCA News Aggregation Team Monday, June 24, 2024 1:00 am https://fintech.managersofwealth.com/article/79032/trading-app-gamification-can-increase-risk-taking-fca In addition, DEPs have a larger impact on people with low financial literacy, women and younger Brits. Trading Platforms FintechOS bags $60m in Series B+ investment round News Aggregation Team Tuesday, June 04, 2024 1:00 am https://fintech.managersofwealth.com/article/78795/fintechos-bags-60m-in-series-b-investment-round It says its low-code tech “simplifies and accelerates the launching, servicing, and expansion of financial products and services”. Trading Platforms HPS set to acquire digital banking and payment software provider CR2 News Aggregation Team Wednesday, May 29, 2024 1:00 am https://fintech.managersofwealth.com/article/78724/hps-set-to-acquire-digital-banking-and-payment-software-provider-cr2 The deal includes all of CR2’s assets and technology, including its flagship BankWorld platform. Trading Platforms Citi fined $79M by UK regulators for trading control failures News Aggregation Team Friday, May 24, 2024 1:00 am https://fintech.managersofwealth.com/article/78699/citi-fined-79m-by-uk-regulators-for-trading-control-failures Citigroup Inc. has been slapped with a hefty $79 million fine by British regulators, marking one of the largest penalties ever issued in the UK for breaches in trading systems. Trading Platforms Citi fined over $444 billion fat finger error News Aggregation Team Thursday, May 23, 2024 1:00 am https://fintech.managersofwealth.com/article/78675/citi-fined-over-444-billion-fat-finger-error The algorithm selected was designed to place portions of this total order to be sold in the market over the rest of the day. Trading Platforms Suffolk BS advances digital mortgage origination with Finova News Aggregation Team Tuesday, May 14, 2024 1:00 am https://fintech.managersofwealth.com/article/78553/suffolk-bs-advances-digital-mortgage-origination-with-finova This alliance promises efficiency and improved customer experience. Trading Platforms Sharegain and DriveWealth combine to unlock securities lending for brokers News Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80409/sharegain-and-drivewealth-combine-to-unlock-securities-lending-for-brokers Now, online brokers can seamlessly integrate the strengths and full suite of capabilities of both Sharegain and DriveWealth’s platforms for a more efficient, end-to-end experience. Alternative Investments Do people trust AI with their money? Here's what research shows News Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80411/do-people-trust-ai-with-their-money-hereamp039s-what-research-shows Big banks and investment firms are using artificial intelligence to help make financial predictions and give advice to clients Alternative Investments Policyholder expectations pose challenges for life insurers at every stage of the customer journey News Team Wednesday, October 16, 2024 1:00 am https://fintech.managersofwealth.com/article/80358/policyholder-expectations-pose-challenges-for-life-insurers-at-every-stage-of-the-customer-journey At the onboarding stage, one-in-three (35%) retail policyholders struggle with complex terms Alternative Investments Australia’s first ETF directly holding Ether goes live News Aggregation Team Tuesday, October 15, 2024 1:00 am https://fintech.managersofwealth.com/article/80338/australiaamprsquos-first-etf-directly-holding-ether-goes-live The Monochrome Ethereum ETF went live on Cboe Australia on Oct. 15, following the issuer’s launch of a spot Bitcoin ETF in June. Alternative Investments Ziglu to acquire retail arm of Gibraltar-based Damex News Team Monday, October 14, 2024 1:00 am https://fintech.managersofwealth.com/article/80328/ziglu-to-acquire-retail-arm-of-gibraltar-based-damex The acquisition of Damex Retail accelerates Ziglu’s vision of becoming a leading pan-European financial platform. Alternative Investments Health and life insurance platform Qantev secures €30m in funding led by Blossom Capital News Aggregation Team Thursday, October 10, 2024 1:00 am https://fintech.managersofwealth.com/article/80296/health-and-life-insurance-platform-qantev-secures-ampeuro30m-in-funding-led-by-blossom-capital By leveraging historical claims data, the platform helps insurers make faster, more accurate decisions Alternative Investments Banks see many hurdles in digital transformation News Team Tuesday, October 08, 2024 1:00 am https://fintech.managersofwealth.com/article/80262/banks-see-many-hurdles-in-digital-transformation The banking industry is currently undergoing a decisive shift towards AI-driven solutions. Alternative Investments SS&C Bolsters Alternatives Data Aggregation for Wealth Managers News Team Wednesday, October 02, 2024 1:00 am https://fintech.managersofwealth.com/article/80190/ssampampc-bolsters-alternatives-data-aggregation-for-wealth-managers By outsourcing alternatives data aggregation to SS&C, wealth managers can eliminate the need for multiple systems and resources, quickly scale their growing alternatives business, and focus on delivering results Alternative Investments Revolut bags investment from UAE sovereign fund News Aggregation Team Thursday, September 26, 2024 1:00 am https://fintech.managersofwealth.com/article/80133/revolut-bags-investment-from-uae-sovereign-fund Revolut has also started to apply for banking licences in the Middle East in recent weeks. Alternative Investments M2P Fintech raises $102m in Series D led by Helios Investment Partners News Aggregation Team Tuesday, September 24, 2024 1:00 am https://fintech.managersofwealth.com/article/80109/m2p-fintech-raises-102m-in-series-d-led-by-helios-investment-partners The funds will be used to cement M2P’s market leadership in India and help grow its international franchise, particularly in Africa. Alternative Investments Is Sustainability the New Priority in Digital Banking? News Aggregation Team Monday, October 21, 2024 1:00 am https://fintech.managersofwealth.com/article/80403/is-sustainability-the-new-priority-in-digital-banking Regulatory pressures and growing consumer demand for responsible practices are driving the strategic direction of digital banking, with sustainability and ESG commitments playing a central role. Planet SOS ESG Data & Solutions introduces ESGSure to transform ESG research News Aggregation Team Wednesday, September 11, 2024 1:00 am https://fintech.managersofwealth.com/article/79964/esg-data-ampamp-solutions-introduces-esgsure-to-transform-esg-research ESG Data & Solutions is dedicated to enhancing the accessibility and reliability of ESG data. Planet SOS Carbon Capture Gets Boost from Major Bank of America Investment News Aggregation Team Thursday, September 05, 2024 1:00 am https://fintech.managersofwealth.com/article/79904/carbon-capture-gets-boost-from-major-bank-of-america-investment This investment represents a significant vote of confidence in carbon capture technology Planet SOS UK climate fintech Zero secures partners ahead of launch News Aggregation Team Wednesday, August 28, 2024 1:00 am https://fintech.managersofwealth.com/article/79794/uk-climate-fintech-zero-secures-partners-ahead-of-launch Through personalised insights and recommendations, Zero say it will help people reduce their carbon footprint and contribute to climate and nature-positive solutions. Planet SOS “We want to be the App Store for Recycling”: meet EasyWaste the tech entrepreneur working to eradicate waste News Team Thursday, August 08, 2024 1:00 am https://fintech.managersofwealth.com/article/79583/ampldquowe-want-to-be-the-app-store-for-recyclingamprdquo-meet-easywaste-the-tech-entrepreneur-working-to-eradicate-waste The award recognises young, innovative talents working in areas Planet SOS Investor Communications Japan and Broadridge Launch ESG Solution for Corporate Issuers in Japan News Team Thursday, August 01, 2024 1:00 am https://fintech.managersofwealth.com/article/79506/investor-communications-japan-and-broadridge-launch-esg-solution-for-corporate-issuers-in-japan Solution enables firms to evaluate and improve their ESG performance Planet SOS Data shows decrease in late-stage climate tech funding News Aggregation Team Wednesday, July 10, 2024 1:00 am https://fintech.managersofwealth.com/article/79246/data-shows-decrease-in-late-stage-climate-tech-funding This marked the first overall decrease in deal activity, with the total deal count dropping by 3% compared to last year. Planet SOS ING mobile app to show CO2 emissions of customer transactions News Aggregation Team Monday, June 17, 2024 1:00 am https://fintech.managersofwealth.com/article/78949/ing-mobile-app-to-show-co2-emissions-of-customer-transactions In addition to insight into their CO2 emissions, customers also receive tips to reduce their emissions and a comparison is made with the average CO2 emissions of the Dutch. Planet SOS ERM expands APAC presence with Energetics acquisition News Aggregation Team Friday, June 07, 2024 1:00 am https://fintech.managersofwealth.com/article/78849/erm-expands-apac-presence-with-energetics-acquisition With a workforce of around 100 professionals, Energetics offers tailored services Planet SOS ABN Amro invests in all-female founded climate-tech fund Blume Equity News Team Monday, June 03, 2024 1:00 am https://fintech.managersofwealth.com/article/78780/abn-amro-invests-in-all-female-founded-climate-tech-fund-blume-equity Blume Equity LLP is a London- and Amsterdam-based growth equity firm. Planet SOS