March 13, 2024
Via: FinTech FuturesThe Makati-headquartered bank will implement the Temenos Wealth solution to enhance its private wealth unit, which currently offers investment advisory, wealth planning, trust and fiduciary services, among others, to high and ultra high net worth clients and their families. Temenos […]
February 23, 2024
Via: FinTech FuturesFounded in 2019 and backed by Barclays, WealthOS provides a Software-as-a-Service (SaaS) platform which it claims can help wealth managers achieve their “digital transformation three times faster and 40% cheaper” by providing them access to its integrated ecosystem of third-party […]
January 29, 2024
Via: The Fintech TimesAcross the globe, a colossal financial shift is brewing – the Great Wealth Transfer. As baby boomers approach retirement and beyond, an estimated $72.6trillion in assets is projected to flow to younger generations by 2045. This event has the potential […]
December 26, 2023
Via: The Fintech TimesAs the world of financial services continues to advance and grow, a substantial portion of individuals and small businesses remain inadequately served with financial products. This underserved group encompasses ‘thin file’ customers, who have little or no credit history, small […]
December 8, 2023
Via: The Fintech TimesWe’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024. The European tech industry has stabilised after […]
July 14, 2023
Via: FinTech FuturesThis is according to the UK industry body Innovate Finance, which has released its analysis of the global fintech investment landscape for H1 2023. The first half of this year saw a total of $27.3 billion being injected into the […]
July 7, 2023
Via: FinTech FuturesFIS has signed a definitive agreement with US-based private equity firm GTCR to sell a majority stake in its Worldpay merchant business. GTCR will acquire 55% of Worldpay, with FIS set to receive $11.7 billion in upfront net proceeds. FIS […]
May 22, 2023
Via: FinTech FuturesThe bank offers a wealth management solution through its trust arm, which has more than $300 million in assets under management. With Marstone’s wealth management-as-a-service offering, the bank aims to develop that offering by improving productivity to retain existing client […]
February 13, 2023
Via: TechCrunchHighbeam, a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to expand the reach of its digital product portfolio. Co-founders Samir […]
February 10, 2023
Via: The Fintech TimesBMLL provides historical Level 3 data and analytics to banks, brokers, asset managers, hedge funds, academics, regulators and global exchanges, helping them understand how markets truly behave. Following the $26million Series B investment round in Q4 2022, BMLL set out […]
February 6, 2023
Via: FinTech FuturesThe rollout, which began with the replacement of legacy banking systems at Mizuho’s New York offices, will take place over the coming years in Mizuho’s major overseas offices. Oracle’s banking solutions will be used to support “critical” functions for the […]
February 2, 2023
Via: FinTech FuturesThe German launch is set for late 2024 or early 2025, Bloomberg reports, with plans to expand into other EU countries after. The US banking giant is said to have been on something of a hiring spree in Berlin, with […]
January 26, 2023
Via: FinTech FuturesFounded in 2019, Nucoro provides a cloud-native platform for financial institutions to build digital savings, investment, and wealth management propositions. It raised $19.2 million in a seed funding round, according to Crunchbase. In summer 2021, Nucoro agreed to sell its […]
January 24, 2023
Via: FinTech FuturesGreen joins Equipped with 19 years of experience within private equity, private credit, and real estate and most recently as partner and head of asset management at AnaCap Financial Partners, a specialist investor in mid-market fintech and related businesses. Equipped […]
January 5, 2023
Via: Fintech NewsEvolutionary psychologists believe that the ability to preserve wealth gave modern humans the decisive edge in evolutionary competition with other humans. Nick Szabo included an interesting anecdote in his essay “Shelling Out: The Origins of Money.” When Homo sapiens sapiens […]
December 6, 2022
Via: Fintech NewsOne of the most heartwarming financial trends in business strategy is that of impact investment, which sees business leaders putting money into programs and causes with the intention of generating social and environmental good. A 2019 report from the Global […]
October 27, 2022
Via: American BankerMore nimble, higher-tech rivals are making the economics of garden-variety retail banking “unsustainable” for traditional financial services companies, driving them to focus on specialized digital services for more profitable customers, according to a new study from the consulting firm McKinsey […]
September 26, 2022
Via: The Fintech TimesWith an impending recession and the cost of living crisis causing investors to tighten their pursestrings, the age-old transactional function of money is changing, and we are entering a new age of financial democracy. What does this mean? It means […]
September 26, 2022
Via: FinTech FuturesThe mooted closure of its UK retail division forms part of Citigroup CEO Jane Fraser’s plans to simplify the firm and boost its share price by exiting core businesses, including consumer franchises in 13 markets. The news comes months after […]
September 22, 2022
Via: The Fintech TimesWealth management firms face a conundrum of headwinds like never before. From an environment with low or slowing economic growth, high volatility, high financial leverage by individual investors and pressure to de-lever personal balance sheets, high inflation rates and growing […]