Managers of Wealth - Fintech https://fintech.managersofwealth.com/ Fri, 09 May 2025 04:30:40 BST part of MediaG8way Group https://fintech.managersofwealth.com/ https://fintech.managersofwealth.com/assets/images/logo.png Managers of Wealth - Fintech KohanaPHP Software expert: How AI can help financial advisors News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82565/software-expert-how-ai-can-help-financial-advisors By analyzing historical data and identifying patterns, AI provides insights that can be incorporated into investment strategies and risk assessments. Wealth & Asset Management Citi and SDX announce digital assets plan for private markets News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82568/citi-and-sdx-announce-digital-assets-plan-for-private-markets Switzerland's regulatory framework and SDX's infrastructure allows Citi to bring a new solution to market using technology Wealth & Asset Management Broadridge Reports Third Quarter Fiscal 2025 Results News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82569/broadridge-reports-third-quarter-fiscal-2025-results Recurring revenues grew 7%; up 8% constant currency Wealth & Asset Management Summit Wealth Group Launches RIA, SEI Powers Evolved Business Model News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82570/summit-wealth-group-launches-ria-sei-powers-evolved-business-model Integrated Custody, Technology, Investment Management, and Transition Services Drive Business Evolution and Growth Wealth & Asset Management How ETF share classes could transform investor access News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82571/how-etf-share-classes-could-transform-investor-access Wealth managers can act today to prepare their firms and clients for the potential shift. Wealth & Asset Management Syfe Moves Forward with A$65 Million Selfwealth Acquisition Pending Court Nod News Aggregation Team Thursday, April 24, 2025 1:00 am https://fintech.managersofwealth.com/article/82402/syfe-moves-forward-with-a65-million-selfwealth-acquisition-pending-court-nod The company intends to preserve Selfwealth’s existing features while enhancing its platform with Syfe’s broader investment tools Wealth & Asset Management Quilter Cheviot and Quilter WealthSelect Managed Portfolio Services now available on AJ Bell’s Platform News Team Tuesday, April 15, 2025 1:00 am https://fintech.managersofwealth.com/article/82349/quilter-cheviot-and-quilter-wealthselect-managed-portfolio-services-now-available-on-aj-bellamprsquos-platform By making these services available on AJ Bell’s platform, Quilter aims to enhance the accessibility of its managed portfolio services to more advisers and clients. Wealth & Asset Management Wealthsimple acquires wealth management platform, Plenty News Team Thursday, April 10, 2025 1:00 am https://fintech.managersofwealth.com/article/82295/wealthsimple-acquires-wealth-management-platform-plenty Their expertise complements Wealthsimple’s expansion of products for couples and families, including householding for Premium and Generation status, joint accounts, spousal RRSPs and RESPs. Wealth & Asset Management ‘Evolving demand and demographics are weighing on wealth manager tech’ News Aggregation Team Wednesday, April 09, 2025 1:00 am https://fintech.managersofwealth.com/article/82286/amplsquoevolving-demand-and-demographics-are-weighing-on-wealth-manager-techamprsquo While an opportunity, this impending avalanche has the potential to shake the foundations of the wealth industry, but also to consume private banks and wealth managers unable to adapt. Wealth & Asset Management Simon Gomez: «GenAI and LGT Will Evolve Together» News Aggregation Team Wednesday, April 09, 2025 1:00 am https://fintech.managersofwealth.com/article/82287/simon-gomez-amplaquogenai-and-lgt-will-evolve-togetherampraquo All of LGT's employees were recently given access to a secure internal chatbot, based on ChatGPT. Wealth & Asset Management Intellect Appoints Eshmael Mpabanga as Country Head for South Africa News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82563/intellect-appoints-eshmael-mpabanga-as-country-head-for-south-africa Eshmael brings over 17 years of vast industry experience and has held senior positions within Banking and some of the world’s most prominent technology organisations. Executive Moves SAP Appoints Peter Moore as APAC Partner Ecosystem Head News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82543/sap-appoints-peter-moore-as-apac-partner-ecosystem-head Moore will oversee the growth and development of SAP’s partner ecosystem in the region. Executive Moves Saxo hires Michelle West as UK head of compliance News Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82547/saxo-hires-michelle-west-as-uk-head-of-compliance In her role, Michelle will focus on further enhancing Saxo’s risk and compliance functions, ensuring Saxo maintains the highest standards of operational integrity. Executive Moves Former Visa exec Koenigsberg joins Cardlay advisory board News Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82523/former-visa-exec-koenigsberg-joins-cardlay-advisory-board Koenigsberg previously collaborated with Cardlay during his tenure at Visa Executive Moves Mambu Appoints New APAC Sales Lead, Indonesia Country Head News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82527/mambu-appoints-new-apac-sales-lead-indonesia-country-head The expansion reflects increased activity and demand for cloud banking solutions in the APAC region as financial institutions look to update their systems Executive Moves Grab Reshuffles Regional Leadership in Singapore and Vietnam News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82528/grab-reshuffles-regional-leadership-in-singapore-and-vietnam The appointments are part of Grab’s internal succession strategy and reflect its focus on developing leadership talent. Executive Moves Fasanara Capital appoints Middle East MD News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82530/fasanara-capital-appoints-middle-east-md He will lead the rollout of our future-proof suite of technology-enabled asset-backed finance strategies drawing on our digital asset and quant capabilities throughout the region. Executive Moves Tan Choon Seng to Succeed Richard Koh as M-DAQ Group CEO News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82534/tan-choon-seng-to-succeed-richard-koh-as-m-daq-group-ceo Tan was overseeing areas such as revenue strategy, partnerships, and business development in several key Asian markets. Executive Moves Mario Blazevic appointed as interim Managing Director of Tietoevry Banking News Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82536/mario-blazevic-appointed-as-interim-managing-director-of-tietoevry-banking Mr. Blazevic (born 1975) has been working at Tietoevry since 2010 Executive Moves Abitha Arunachalam named AI test lead at Avocado Consulting News Aggregation Team Monday, May 05, 2025 1:00 am https://fintech.managersofwealth.com/article/82512/abitha-arunachalam-named-ai-test-lead-at-avocado-consulting The hiring move is intended to strengthen Avocado's commitment to enhancing software development processes using emerging technologies. Executive Moves Ghana plans to regulate digital assets with new legislation News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82540/ghana-plans-to-regulate-digital-assets-with-new-legislation The Bank of Ghana intends to create a digital asset unit after parliament passes the Virtual Asset Providers Act. Legal,Regulation,Tax & Compliance FCA seeks feedback on regulation of cryptoasset trading platforms in next phase of road to regulation News Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82504/fca-seeks-feedback-on-regulation-of-cryptoasset-trading-platforms-in-next-phase-of-road-to-regulation With more people using credit to purchase crypto, the DP also considers whether restrictions should be applied in that area. Legal,Regulation,Tax & Compliance Significant increase in data protection breaches reported in Guernsey News Aggregation Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82509/significant-increase-in-data-protection-breaches-reported-in-guernsey Despite the client providing a new e-mail address to be used, the organisation continued sending private correspondence to the hacked account. Legal,Regulation,Tax & Compliance FCA issues call to action to MPs over Big Tech and finfluencer roles in financial promotions News Aggregation Team Thursday, May 01, 2025 1:00 am https://fintech.managersofwealth.com/article/82495/fca-issues-call-to-action-to-mps-over-big-tech-and-finfluencer-roles-in-financial-promotions Under current laws, social media influencers found guilty of acting illegally face up to two years in prison. Legal,Regulation,Tax & Compliance UK Treasury Committee says shops might have to be forced to accept cash in the future News Aggregation Team Wednesday, April 30, 2025 1:00 am https://fintech.managersofwealth.com/article/82475/uk-treasury-committee-says-shops-might-have-to-be-forced-to-accept-cash-in-the-future The UK's Treasury Committee has floated the idea of introducing legislation to force shops to accept cash in the future, warning that a lack of action from the Government to tackle declining cash acceptance could lead to a two-tier society with the m Legal,Regulation,Tax & Compliance HKMA, Cyberport launches second cohort of GenA.I. Sandbox News Aggregation Team Tuesday, April 29, 2025 1:00 am https://fintech.managersofwealth.com/article/82455/hkma-cyberport-launches-second-cohort-of-genai-sandbox This comes amidst positive feedback from the inaugural launch. Legal,Regulation,Tax & Compliance First fines issued under EU Digital Markets Act News Team Tuesday, April 29, 2025 1:00 am https://fintech.managersofwealth.com/article/82458/first-fines-issued-under-eu-digital-markets-act Meta was fined €200m by the Commission after the regulator considered a previous version of the company’s so-called ‘consent or pay’ model to be non-compliant with the DMA. Legal,Regulation,Tax & Compliance FCA to provide live AI testing service for financial firms News Aggregation Team Tuesday, April 29, 2025 1:00 am https://fintech.managersofwealth.com/article/82460/fca-to-provide-live-ai-testing-service-for-financial-firms The Financial Conduct Authority is to launch a live AI testing service to help firm deploy safe and responsible artifical intelligence models. Legal,Regulation,Tax & Compliance Panama City Officially Signs with One of the Biggest Local Banks to Process Tax Payments in Bitcoin News Aggregation Team Friday, April 25, 2025 1:00 am https://fintech.managersofwealth.com/article/82423/panama-city-officially-signs-with-one-of-the-biggest-local-banks-to-process-tax-payments-in-bitcoin Through this collaboration, the city can now accept crypto payments without requiring new legislation, making the process simpler and more efficient. Legal,Regulation,Tax & Compliance Revolut links risky behaviour to staff bonuses News Aggregation Team Friday, April 25, 2025 1:00 am https://fintech.managersofwealth.com/article/82427/revolut-links-risky-behaviour-to-staff-bonuses Revolut has had issues with risk and compliance over the years. Legal,Regulation,Tax & Compliance Fluency to test offline and programmable payments for ECB's digital euro project News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82558/fluency-to-test-offline-and-programmable-payments-for-ecbamp039s-digital-euro-project The firm says it will also contribute its patented software-based offline payments technology, enabling secure digital euro transactions without internet connectivity or reliance on specialised hardware. Retail Banking Information systems expert aims to transform outdated banking systems News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82560/information-systems-expert-aims-to-transform-outdated-banking-systems He is doing so with support from Brock’s University’s new Black Scholar Research Grant. Retail Banking GreenBanana unveils BNPL platform for retailers News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82545/greenbanana-unveils-bnpl-platform-for-retailers The bnplx.io platform is designed to support small and medium-sized businesses as well as international enterprise retailers - whether online, in-store, B2C, or B2B. Retail Banking N26 joins Revolut in disrupting the telecommunications market News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82546/n26-joins-revolut-in-disrupting-the-telecommunications-market German neobank N26 is following in the footsteps of Revolut by entering the telecommunications market with the introduction of a digital mobile plan Retail Banking Corpay and TPG team up to buy AvidXchange News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82551/corpay-and-tpg-team-up-to-buy-avidxchange TPG will take a 67% stake in the business, with Corpay paying $500 million for 33%. Retail Banking Banque Raiffeisen partners with nCino to digitise lending operations News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82553/banque-raiffeisen-partners-with-ncino-to-digitise-lending-operations The bank will implement the nCino Bank Operating System to improve operational efficiency, streamline workflows, and support regulatory compliance. Retail Banking Oracle launches cloud solutions to power retail banking News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82555/oracle-launches-cloud-solutions-to-power-retail-banking The new services aim to improve operational efficiency and risk management for financial organisations. Retail Banking PayPal launches contactless mobile wallet in Germany News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82529/paypal-launches-contactless-mobile-wallet-in-germany This will enable shoppers to choose PayPal to pay with a simple tap of their phone at any location that accepts Mastercard contactless payments. Retail Banking ECB selects Fluency for Digital Euro trials on programmable and offline payments News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82538/ecb-selects-fluency-for-digital-euro-trials-on-programmable-and-offline-payments “Fluency’s architecture is built to connect digital money with real-world usability — whether through offline execution or intelligent conditional logic.” Retail Banking Garanti BBVA Romania taps Allevo for instant payments solution News Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82497/garanti-bbva-romania-taps-allevo-for-instant-payments-solution Allevo's FinTP-Instant solution will connect the bank to Romania's Sistemul Electronic de Transfer NaČ›ional (SENT) instant payments service. Retail Banking Tether, the world’s richest crypto company, moves into AI News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82559/tether-the-worldamprsquos-richest-crypto-company-moves-into-ai What explains the extraordinary rise of stablecoins? Bitcoin, Blockchain & AI AI in the Middle East’s banking sector: Four Innovations and Impacts News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82561/ai-in-the-middle-eastamprsquos-banking-sector-four-innovations-and-impacts Experts from Beinex outline four key benefits the emerging technology can offer Bitcoin, Blockchain & AI Coinbase unveils internet payments protool for AI agents News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82562/coinbase-unveils-internet-payments-protool-for-ai-agents The firm notes that traditional payment rails, such as credit cards, bank transfers and subscriptions, were built for a pre-internet world and are riddled with manual steps that make it difficult for AI agents to act alone. Bitcoin, Blockchain & AI Why banks must build AI model context platforms to stay competitive News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82539/why-banks-must-build-ai-model-context-platforms-to-stay-competitive Microsoft has integrated a merchant programme into Copilot, enabling purchases directly through AI. Bitcoin, Blockchain & AI More than 50% of fraud involves the use of artificial intelligence News Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82542/more-than-50-of-fraud-involves-the-use-of-artificial-intelligence By embracing specialized AI, banks are able to work harder and smarter in combating fraud-based threats Bitcoin, Blockchain & AI Visa invests in stablecoin startup BVNK News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82544/visa-invests-in-stablecoin-startup-bvnk Visa Ventures has made a strategic investment in stablecoin infrastructure platform BVNK. Bitcoin, Blockchain & AI Crypto Corner: The Island has a ‘royal’ blockchain opportunity News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82549/crypto-corner-the-island-has-a-amplsquoroyalamprsquo-blockchain-opportunity The Jersey Financial Services Commission could pilot a blockchain task force. Jersey has a “royal” opportunity to become a blockchain hub for “offshore transparent finance”. Bitcoin, Blockchain & AI XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82524/xweave-secures-us3-million-funding-for-stablecoin-cross-border-payments The startup was founded in 2024 by Milind Sanghavi, a payments veteran with prior roles at Meta, PayPal, Visa, Ezetap, and OCBC Bitcoin, Blockchain & AI MyEG launches national blockchain Infrastructure in Malaysia News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82525/myeg-launches-national-blockchain-infrastructure-in-malaysia The national infrastructure is powered by Zetrix, and was developed in partnership with MIMOS Berhad. Bitcoin, Blockchain & AI JPMorgan says AI helped boost sales, add clients in market turmoil News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82532/jpmorgan-says-ai-helped-boost-sales-add-clients-in-market-turmoil The volatility prompted individual investors to call their bankers seeking advice, Erdoes told Reuters. Bitcoin, Blockchain & AI Qatar ‘multiple wallets’ announcement demonstrates focus on strengthening mobile payment sector News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82556/qatar-amplsquomultiple-walletsamprsquo-announcement-demonstrates-focus-on-strengthening-mobile-payment-sector The new feature will allow users to open two digital wallets with different payment service providers Mobile Banking Cardstream forges open banking pact with Mastercard News Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82552/cardstream-forges-open-banking-pact-with-mastercard Built on Mastercard’s secure Open Banking technology, the platform ensures seamless bank connectivity and a smooth consumer transaction experience. Mobile Banking Westpac pilots mobile banking services in Southland News Aggregation Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82499/westpac-pilots-mobile-banking-services-in-southland People want their banking to be simple and easy, and that's what we're aiming to deliver with these services. Mobile Banking Personalising mobile banking: putting customers at the centre of their financial worlds News Team Wednesday, April 30, 2025 1:00 am https://fintech.managersofwealth.com/article/82474/personalising-mobile-banking-putting-customers-at-the-centre-of-their-financial-worlds Wendy Redshaw, Chief Digital Information Officer, Retail Banking, explains how we’re evolving our mobile app experience to help our customers succeed. Mobile Banking Pinwheel integrates with Q2’s Digital Banking Platform News Aggregation Team Monday, April 28, 2025 1:00 am https://fintech.managersofwealth.com/article/82437/pinwheel-integrates-with-q2amprsquos-digital-banking-platform Through the Q2 Digital Banking Platform, banks and credit unions can enable consumers to switch direct deposits instantly during the account onboarding process. Mobile Banking HSBC UK overhauls mobile banking app News Aggregation Team Monday, April 28, 2025 1:00 am https://fintech.managersofwealth.com/article/82439/hsbc-uk-overhauls-mobile-banking-app One in five (22%) of 18-24 year olds spend 7 hours or more a day on their phone. Mobile Banking Wise Rolls Out ‘Spend with Others’ for Joint Expenses News Aggregation Team Thursday, April 17, 2025 1:00 am https://fintech.managersofwealth.com/article/82376/wise-rolls-out-amplsquospend-with-othersamprsquo-for-joint-expenses The feature was designed to make shared spending more flexible, particularly for scenarios like group travel, household expenses, or supporting loved ones remotely. Mobile Banking NAPAS Taps IDEMIA’s Tech to Support Growing Demand for Digital Payments in Vietnam News Aggregation Team Thursday, April 17, 2025 1:00 am https://fintech.managersofwealth.com/article/82377/napas-taps-idemiaamprsquos-tech-to-support-growing-demand-for-digital-payments-in-vietnam The move supports Vietnam’s growing demand for digital and contactless payments, particularly among younger, tech-savvy users. Mobile Banking Revolut App in Singapore Now Supports 39 Currencies After Adding 5 More News Aggregation Team Wednesday, April 16, 2025 1:00 am https://fintech.managersofwealth.com/article/82357/revolut-app-in-singapore-now-supports-39-currencies-after-adding-5-more The addition of CNY and VND is especially timely, as there are notable fluctuations in SGD-CNY and SGD-VND rates recently Mobile Banking Central Registry digitises services for greater operational efficiency News Aggregation Team Friday, April 11, 2025 1:00 am https://fintech.managersofwealth.com/article/82312/central-registry-digitises-services-for-greater-operational-efficiency The Registry will continue to evolve its services to ensure they meet the changing needs of customers and international expectations, while enabling a more sustainable and efficient environment for its operations. Mobile Banking HK digital banks to expand wealth services after 74% deposit growth News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82522/hk-digital-banks-to-expand-wealth-services-after-74-deposit-growth None of the digital banks have reported a net profit, though their losses have narrowed. Comment & Analysis Stablecoins could reach $3.7 trillion by 2030 - Citi News Aggregation Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82496/stablecoins-could-reach-37-trillion-by-2030-citi Citi predicts that the total outstanding supply of stablecoins could grow from $230 billion to anything from $1.6 trillion to $3.7 trillion by 2030. Comment & Analysis Is Your Company Struggling to Innovate? Here's What's Really Holding You Back — and How to Turn Things Around News Aggregation Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82502/is-your-company-struggling-to-innovate-hereamp039s-whatamp039s-really-holding-you-back-ampmdash-and-how-to-turn-things-around To scale creativity, leaders must stop waiting for lightning to strike — and start engineering the storm. Comment & Analysis IFGS 2025: Is it time for wealthtech to take the stage? News Aggregation Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82505/ifgs-2025-is-it-time-for-wealthtech-to-take-the-stage French noted that there is merit in keeping things simple Comment & Analysis What financial advisors can learn from influencers News Team Thursday, May 01, 2025 1:00 am https://fintech.managersofwealth.com/article/82490/what-financial-advisors-can-learn-from-influencers So-called “finfluencers” like Richtsteiger often reach hundreds of thousands of followers – and thus achieve a greater reach than many traditional media channels. Comment & Analysis Traditional banks and fintech: Embrace ‘coopetition’ to drive innovation News Aggregation Team Wednesday, April 30, 2025 1:00 am https://fintech.managersofwealth.com/article/82465/traditional-banks-and-fintech-embrace-amplsquocoopetitionamprsquo-to-drive-innovation What is the current dynamic between traditional banks and fintechs? Comment & Analysis Digital-first, high-street loyal: Gen Z’s unique banking preferences News Aggregation Team Tuesday, April 15, 2025 1:00 am https://fintech.managersofwealth.com/article/82354/digital-first-high-street-loyal-gen-zamprsquos-unique-banking-preferences This generation is also increasingly investment-savvy. Comment & Analysis What’s holding wealth firms back from hybrid? News Aggregation Team Monday, April 14, 2025 1:00 am https://fintech.managersofwealth.com/article/82335/whatamprsquos-holding-wealth-firms-back-from-hybrid Cost concerns are stalling hybrid strategies in wealth firms. Comment & Analysis Northern Trust: 21% of private market investors allocate to crypto and digital assets News Aggregation Team Friday, April 11, 2025 1:00 am https://fintech.managersofwealth.com/article/82319/northern-trust-21-of-private-market-investors-allocate-to-crypto-and-digital-assets A noteworthy statistic that was unearthed is that cryptocurrencies and other digital assets are invested in by 21% of those that allocate to private markets. Comment & Analysis Advisor-friendly tech developments not limited to AI News Team Friday, April 11, 2025 1:00 am https://fintech.managersofwealth.com/article/82320/advisor-friendly-tech-developments-not-limited-to-ai But while AI has rapidly become an invaluable tool for advisors, a wide range of tech development, such as low-code development and all-in-one advisor desktops have largely flown under the radar. Comment & Analysis Why cybercrime is a bigger concern than load shedding in South Africa News Aggregation Team Monday, May 05, 2025 1:00 am https://fintech.managersofwealth.com/article/82518/why-cybercrime-is-a-bigger-concern-than-load-shedding-in-south-africa ESET’s bi-annual Threat Report, which collected data between June and November 2024, showed that over 40% of ransomware attacks on the continent occurred in South Africa. Cyber Security DragonForce ransomware behind M&S cyberattack is a global threat: Killara Cyber CEO News Aggregation Team Friday, May 02, 2025 1:00 am https://fintech.managersofwealth.com/article/82510/dragonforce-ransomware-behind-mampamps-cyberattack-is-a-global-threat-killara-cyber-ceo It offers a solution for its SME customers with CORE, its proprietary early warning system that predictively warns against malicious intrusions or potential cyberattacks. Cyber Security Cybercriminals have stolen almost 100 staff logins at the Big Four banks, experts say News Aggregation Team Thursday, May 01, 2025 1:00 am https://fintech.managersofwealth.com/article/82483/cybercriminals-have-stolen-almost-100-staff-logins-at-the-big-four-banks-experts-say The most serious risks arise from the fact that attackers could ultimately use those leaked logins to gain access to the banks' corporate networks, they warned. Cyber Security Family offices must prepare for cyber security threat News Aggregation Team Thursday, May 01, 2025 1:00 am https://fintech.managersofwealth.com/article/82488/family-offices-must-prepare-for-cyber-security-threat Family offices, which manage substantial wealth for ultra-high net worth investors, are increasingly being targeted by cyber criminals. Cyber Security Banking passwords stolen from Australians are being traded online by cybercriminals News Aggregation Team Tuesday, April 29, 2025 1:00 am https://fintech.managersofwealth.com/article/82451/banking-passwords-stolen-from-australians-are-being-traded-online-by-cybercriminals It comes in the wake of recent attacks on Australian superannuation funds, where hackers stole from pensioners and used leaked passwords to try to gain access to members' accounts. Cyber Security Jericho Security bags $15m to expand AI-powered cybersecurity solutions News Aggregation Team Monday, April 28, 2025 1:00 am https://fintech.managersofwealth.com/article/82442/jericho-security-bags-15m-to-expand-ai-powered-cybersecurity-solutions The company plans to use the new capital to recruit cybersecurity talent, enhance its research and development capabilities, and expand its go-to-market strategies. Cyber Security Cybersecurity Docket names two of Norton Rose Fulbright’s global cybersecurity leaders to its 2025 “Incident Response 50” list News Team Friday, April 25, 2025 1:00 am https://fintech.managersofwealth.com/article/82421/cybersecurity-docket-names-two-of-norton-rose-fulbrightamprsquos-global-cybersecurity-leaders-to-its-2025-ampldquoincident-response-50amprdquo-list Honorees on this annual list are recognized for advising companies globally on the complicated, high-stakes matters associated with data security incidents, ransomware and cyberattacks. Cyber Security Singapore Mulls Cybersecurity Certification for Financial Institutions’ Vendors News Aggregation Team Wednesday, April 23, 2025 1:00 am https://fintech.managersofwealth.com/article/82394/singapore-mulls-cybersecurity-certification-for-financial-institutionsamprsquo-vendors MAS and CSA are studying the possibility of requiring vendors to obtain these certifications before they can be licensed or bid for government contracts involving access to sensitive data or systems. Cyber Security Australian companies face new ransomware reporting requirements News Team Thursday, April 17, 2025 1:00 am https://fintech.managersofwealth.com/article/82384/australian-companies-face-new-ransomware-reporting-requirements The Australian government’s annual cyberthreat report found that there was a 3% increase in ransomware attacks on businesses in 2023-24 when compared to the previous year and new ransomware groups continue to emerge. Cyber Security 'Scammers used fake app to steal from me in person' News Aggregation Team Thursday, April 17, 2025 1:00 am https://fintech.managersofwealth.com/article/82387/amp039scammers-used-fake-app-to-steal-from-me-in-personamp039 About 500 reports of crimes involving fake banking apps have been made to Action Fraud in the past three years. Cyber Security 66% of Zillennials Use Their Phones as Bank Branch News Aggregation Team Wednesday, April 30, 2025 1:00 am https://fintech.managersofwealth.com/article/82476/66-of-zillennials-use-their-phones-as-bank-branch Despite their digital proclivities, zillennials are 23% more likely than the average consumer to primarily bank at national banks. Research Capgemini: Banks Face Loyalty Crisis Over Card Services News Aggregation Team Friday, March 14, 2025 12:00 am https://fintech.managersofwealth.com/article/82007/capgemini-banks-face-loyalty-crisis-over-card-services The research found that 88% of industry executives globally consider an expanding reward ecosystem Research Paytech start-up Mimo raises $8.5m equity investment, inks embedded funding partnership with Froda News Aggregation Team Thursday, March 13, 2025 12:00 am https://fintech.managersofwealth.com/article/81974/paytech-start-up-mimo-raises-85m-equity-investment-inks-embedded-funding-partnership-with-froda This planned product development will include an invoice capture and bookkeeping automation tool called Fetch Research Barclays’ £7.5 million bill joins growing list of bank IT issues News Aggregation Team Friday, March 07, 2025 12:00 am https://fintech.managersofwealth.com/article/81916/barclaysamprsquo-amppound75-million-bill-joins-growing-list-of-bank-it-issues The Barclays incident alone will result in customers getting as much as £7.5 million ($9.7 million) in compensation Research Mastercard joins with Tamara to scale split payments in the UAE News Team Thursday, February 20, 2025 12:00 am https://fintech.managersofwealth.com/article/81743/mastercard-joins-with-tamara-to-scale-split-payments-in-the-uae Mastercard and Tamara, one of the leading fintech platform in the GCC for shopping, payments, and banking, are collaborating to launch a new virtual card in the UAE to strengthen the split payment ecosystem. Research LSEG releases research and insights app News Team Tuesday, January 28, 2025 12:00 am https://fintech.managersofwealth.com/article/81488/lseg-releases-research-and-insights-app This app provides a seamless, efficient way to access LSEG’s extensive range of research and insights Research Cyber attack fears pile further pressure on business owners reeling from Budget cost hikes News Team Thursday, November 28, 2024 12:00 am https://fintech.managersofwealth.com/article/80864/cyber-attack-fears-pile-further-pressure-on-business-owners-reeling-from-budget-cost-hikes Businesses already face a number of headwinds from rising employer National Insurance contributions, a hike in the minimum wage and more demanding employee rights, and it seems technological worries are adding to the burden. Research Two-Thirds of Banks Losing Clients Due to Poor Onboarding, Warns Fenergo News Aggregation Team Thursday, November 21, 2024 12:00 am https://fintech.managersofwealth.com/article/80784/two-thirds-of-banks-losing-clients-due-to-poor-onboarding-warns-fenergo It’s more important than ever for financial institutions to improve their KYC procedures. Research Majority of banks and insurers struggle to maximize the value from their cloud investments News Team Friday, November 15, 2024 12:00 am https://fintech.managersofwealth.com/article/80718/majority-of-banks-and-insurers-struggle-to-maximize-the-value-from-their-cloud-investments The analysis further suggests only 12% of financial services organizations can be considered ‘cloud innovators’. Research 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 U.S. Bank’s Dominic Venturo: Impactful Innovation Means Thinking Ahead of Today’s Emerging Technology News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82557/us-bankamprsquos-dominic-venturo-impactful-innovation-means-thinking-ahead-of-todayamprsquos-emerging-technology Dominic Venturo's long banking career in banking innovation has taught him some key lessons about making change happen. One is that some of the best ideas aren't possible -- yet. Innovation & Startups Leonteq announces changes to its organisation News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82564/leonteq-announces-changes-to-its-organisation Leonteq will resize its Executive Committee from 7 to 5 members with immediate effect. Innovation & Startups Growing Need for Operational and Cyber Resilience Dominates Concerns Among Financial Services Industry News Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82566/growing-need-for-operational-and-cyber-resilience-dominates-concerns-among-financial-services-industry Outdated legacy systems leaving firms vulnerable to mounting cyber risks, according to Broadridge Innovation & Startups Standard Chartered Launches Latest Women in Tech Accelerator in UAE News Aggregation Team Thursday, May 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82567/standard-chartered-launches-latest-women-in-tech-accelerator-in-uae Founders will also benefit from expert mentorship, and exposure to regional and global investors. Innovation & Startups UK fintech SilverRock is being folded into GB Bank News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82550/uk-fintech-silverrock-is-being-folded-into-gb-bank According to a Companies House filing, GB Bank now holds a majority stake in the company. Innovation & Startups BIS and South African Reserve Bank launch G20 TechSprint on open finance integrity News Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82554/bis-and-south-african-reserve-bank-launch-g20-techsprint-on-open-finance-integrity The G20 TechSprint is an international competition to explore innovation and develop cutting-edge technological solutions to pressing global challenges. Innovation & Startups ADDX Partners with Franklin Templeton and Lexington Partners on Secondaries News Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82520/addx-partners-with-franklin-templeton-and-lexington-partners-on-secondaries Through the partnership, ADDX will offer access to a globally diversified secondaries strategy Innovation & Startups Sweden's Kommuninvest taps Profile Software for Finuevo Core solution News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82526/swedenamp039s-kommuninvest-taps-profile-software-for-finuevo-core-solution Profile says the solution will "streamline the credit institute’s lending and payment processes". Innovation & Startups BNP Paribas renews IBM partnership, unveils new cloud infrastructure for 2028 News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82537/bnp-paribas-renews-ibm-partnership-unveils-new-cloud-infrastructure-for-2028 Under the terms of the expanded deal, BNP Paribas will establish a dedicated area within its data centres for IBM Cloud operations. Innovation & Startups ANZ Bank set to unveil password-less web banking in mid-2025 News Aggregation Team Monday, May 05, 2025 1:00 am https://fintech.managersofwealth.com/article/82515/anz-bank-set-to-unveil-password-less-web-banking-in-mid-2025 ANZ also expects the password-less banking to prevent risk of data breaches and phishing attacks. Innovation & Startups Archax acquires Globacap as bridgehead to the US News Team Monday, March 31, 2025 1:00 am https://fintech.managersofwealth.com/article/82175/archax-acquires-globacap-as-bridgehead-to-the-us Through this acquisition, Archax will leverage these permissions and capabilities to offer its relevant core real-world asset (RWA) products and services in the US. Trading Platforms Moody's unveils unified platform to help businesses identify counterparty risk News Team Monday, February 10, 2025 12:00 am https://fintech.managersofwealth.com/article/81623/moodyamp039s-unveils-unified-platform-to-help-businesses-identify-counterparty-risk Understanding and managing counterparty data is not just about identifying threats but also about seizing opportunity. Trading Platforms Standard Chartered Has Introduced SC PrismFX News Aggregation Team Wednesday, January 22, 2025 12:00 am https://fintech.managersofwealth.com/article/81416/standard-chartered-has-introduced-sc-prismfx For Corporate clients, SC PrismFX provides a consistent transactional FX payments experience across Standard Chartered’s markets globally Trading Platforms India's Fyers launches options trading platform News Team Thursday, November 28, 2024 12:00 am https://fintech.managersofwealth.com/article/80860/indiaamp039s-fyers-launches-options-trading-platform Scalpers seek quick profits from minor price fluctuations, typically holding positions for extremely short periods, sometimes just seconds. Trading Platforms TD Bank Joins LTX, A Broadridge Company, As a Liquidity Provider News Team Tuesday, October 22, 2024 1:00 am https://fintech.managersofwealth.com/article/80421/td-bank-joins-ltx-a-broadridge-company-as-a-liquidity-provider TD Bank will contribute axes, or pre-trade indications of interest, to LTX’s Liquidity Cloud and utilize LTX’s RFQ+ protocol to provide Investment Grade and High Yield bond liquidity to its institutional clients. Trading Platforms 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 Jove partners with Chubb to launch first UK digital insurance programme for tech contractors News Aggregation Team Wednesday, May 07, 2025 1:00 am https://fintech.managersofwealth.com/article/82541/jove-partners-with-chubb-to-launch-first-uk-digital-insurance-programme-for-tech-contractors Temporary international cover is also available for UK-based professionals working abroad. Alternative Investments Banque Raiffeisen taps nCino to drive cloud banking transformation News Aggregation Team Tuesday, May 06, 2025 1:00 am https://fintech.managersofwealth.com/article/82531/banque-raiffeisen-taps-ncino-to-drive-cloud-banking-transformation The collaboration aims to improve the bank’s digital banking capabilities by implementing the nCino Platform to simplify loan and credit chain management. Alternative Investments Qenta acquires B2B cross-border payments platform Pipit Global News Aggregation Team Thursday, May 01, 2025 1:00 am https://fintech.managersofwealth.com/article/82493/qenta-acquires-b2b-cross-border-payments-platform-pipit-global The Texas-based paytech will combine Pipit's payment rails with its own remittance infrastructure. Alternative Investments Clark County CU turns to InvestiFi for robo-advisory services News Team Thursday, May 01, 2025 1:00 am https://fintech.managersofwealth.com/article/82494/clark-county-cu-turns-to-investifi-for-robo-advisory-services At InvestiFi, we believe in the power of community and the financial institutions that support them. Alternative Investments Singapore FinTech Surfin Meta raises $14m in latest funding round News Aggregation Team Wednesday, April 30, 2025 1:00 am https://fintech.managersofwealth.com/article/82477/singapore-fintech-surfin-meta-raises-14m-in-latest-funding-round Surfin provides digital financial services for the unbanked and underbanked in emerging markets. Alternative Investments OneDigital Financial Selects Broadridge Technology to Grow Retirement Practice and Enhance Advisor Efficiency News Team Tuesday, April 29, 2025 1:00 am https://fintech.managersofwealth.com/article/82457/onedigital-financial-selects-broadridge-technology-to-grow-retirement-practice-and-enhance-advisor-efficiency The partnership brings Broadridge’s data aggregation, monitoring, reporting, and proprietary fund scoring capabilities to OneDigital’s national platform. Alternative Investments FX firm Argentex set to be acquired by IFX Payments for £3m News Aggregation Team Monday, April 28, 2025 1:00 am https://fintech.managersofwealth.com/article/82441/fx-firm-argentex-set-to-be-acquired-by-ifx-payments-for-amppound3m London-listed Argentex has also announced that its CEO, Jim Ormonde, has left the company with immediate effect. Alternative Investments Zoe Financial Incorporates Morningstar Indexes Into the Zoe Wealth Platform News Team Thursday, April 17, 2025 1:00 am https://fintech.managersofwealth.com/article/82381/zoe-financial-incorporates-morningstar-indexes-into-the-zoe-wealth-platform RIAs and investors using the Zoe Wealth Platform will now have access to the Morningstar Indexes, which will first add Morningstar's Core US equity indexes with the potential to expand the offerings over time. Alternative Investments Syz outlines alternative assets revolution News Aggregation Team Friday, April 11, 2025 1:00 am https://fintech.managersofwealth.com/article/82325/syz-outlines-alternative-assets-revolution Alternative investments have long been viewed as a crucial component of any diversified portfolio, offering returns that not directly correlated with traditional equities and bonds. Alternative Investments Investment bank Teniz Capital ventures into fintech, stakes 49% in Tabys News Team Tuesday, April 08, 2025 1:00 am https://fintech.managersofwealth.com/article/82277/investment-bank-teniz-capital-ventures-into-fintech-stakes-49-in-tabys The platform boasts more than 21,000 active clients, and is one of the most important fintech players in the Central Asian market. Alternative Investments Temenos continues to top ESG ratings from Dow Jones, S&P Global, Sustainalytics and CDP News Team Wednesday, March 26, 2025 12:00 am https://fintech.managersofwealth.com/article/82123/temenos-continues-to-top-esg-ratings-from-dow-jones-sampampp-global-sustainalytics-and-cdp Consistently strong ESG ratings reflect Temenos’ leadership in sustainability for the banking industry Planet SOS ESG in Action: The Role of Fintech Companies in Belgium’s Sustainable Financial Future News Aggregation Team Tuesday, February 18, 2025 12:00 am https://fintech.managersofwealth.com/article/81709/esg-in-action-the-role-of-fintech-companies-in-belgiumamprsquos-sustainable-financial-future Belgian fintech firms are also actively fostering collaboration with traditional financial institutions Planet SOS Cynergy Bank issues debit cards made from Parley Ocean plastic News Team Monday, February 17, 2025 12:00 am https://fintech.managersofwealth.com/article/81700/cynergy-bank-issues-debit-cards-made-from-parley-ocean-plastic This innovative launch aligns with Cynergy Bank’s commitment to sustainability and its Environmental, Social, and Governance (ESG) agenda. Planet SOS Modern Bankers in an age of sustainable banking: Three take-aways News Team Wednesday, January 22, 2025 12:00 am https://fintech.managersofwealth.com/article/81409/modern-bankers-in-an-age-of-sustainable-banking-three-take-aways Capgemini offers expertise in ESG data management and sector-specific sustainability trends to make banks and bankers future ready. Planet SOS Evolving Attitudes: Zumo Reveals Even Traditional Investors are Turning to Sustainable Investments News Aggregation Team Thursday, January 02, 2025 12:00 am https://fintech.managersofwealth.com/article/81184/evolving-attitudes-zumo-reveals-even-traditional-investors-are-turning-to-sustainable-investments Sitting down with Nick Jones, we learnt how his company Zumo, the digital-assets-as-a-service platform is creating a more sustainable world. Planet SOS Northern Trust signs MoU with University of Singapore to advance green finance innovation News Team Tuesday, December 17, 2024 12:00 am https://fintech.managersofwealth.com/article/81065/northern-trust-signs-mou-with-university-of-singapore-to-advance-green-finance-innovation The partnership will also contribute to academic engagements through Northern Trust’s partnership with the Singapore Blockchain Innovation Programme Planet SOS BlackRock, MAS Unveil Blended Finance Initiative for SE Asia Decarbonisation News Aggregation Team Tuesday, November 12, 2024 12:00 am https://fintech.managersofwealth.com/article/80674/blackrock-mas-unveil-blended-finance-initiative-for-se-asia-decarbonisation The programme aims to mobilise capital for decarbonisation projects in Southeast Asia Planet SOS 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