Lending & Investment

Open Banking's Impact: Transforming WealthTech Amid Challenges
Lending & Investment Open Banking's Impact: Transforming WealthTech Amid Challenges

Open banking, initiated by the European Union's Payment Services Directive (PSD2) in 2015 and paralleled by the UK's Payment Services Regulations, has sparked significant interest and debate in the financial sector. Nearly a decade into its implementation, this regulatory framework aimed

December 16, 2024
Risks of High Valuations and Portfolio Rebalancing in 2025 Markets
Lending & Investment Risks of High Valuations and Portfolio Rebalancing in 2025 Markets

While analysts have expressed optimism about the market, the juxtaposition of high valuations and the need to rebalance portfolios in the near term could pose unforeseen risks. Given the current high levels of speculation and leverage, this is particularly significant. It's interesting to note

December 13, 2024
Pinwheel and Lumin Digital Join Forces to Boost Digital Banking
Lending & Investment Pinwheel and Lumin Digital Join Forces to Boost Digital Banking

Financial technology is rapidly evolving, and the recent partnership between Pinwheel and Lumin Digital is a testament to the industry's push towards innovation. This alliance aims to optimize account acquisition and activation for financial institutions using state-of-the-art technology. The

December 11, 2024
How Does Syfe's $27M Series C Funding Shape Its Future Expansion?
Lending & Investment How Does Syfe's $27M Series C Funding Shape Its Future Expansion?

Syfe, a digital savings and investment platform based in Singapore, has recently completed a significant milestone by securing $27 million in a Series C funding round. This fresh capital injection not only highlights the growing investor confidence in the wealthtech sector but also maps out an

December 11, 2024
Galaxy Asset Management Surpasses $10B AUM Amidst Digital Surge
Lending & Investment Galaxy Asset Management Surpasses $10B AUM Amidst Digital Surge

Galaxy Asset Management has achieved a significant milestone, with its assets under management (AUM) skyrocketing to over $10 billion, a substantial 24.8% growth from the prior month. This impressive expansion has been fueled by overall positive market conditions, even as the firm experienced some

December 11, 2024
Boubyan Bank Modernizes Core Systems with Temenos' Cloud Solutions
Lending & Investment Boubyan Bank Modernizes Core Systems with Temenos' Cloud Solutions

In a significant move aimed at driving operational efficiency and enhancing customer service, Boubyan Bank has commenced the modernization of its core banking systems in partnership with Temenos, a globally renowned Swiss-based banking technology vendor. This strategic alliance is expected to

December 10, 2024
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