One in six (16%) asset and wealth managers globally are expected to be swallowed up or fall by the wayside by 2027, twice the historical rate of turnover, according to PwC's 2023 Global Asset and Wealth Management Survey, published today.

Africa’s $1.5 trillion B2B payments market is ripe for innovation and represents a golden opportunity for investors and entrepreneurs looking to capitalise on the continent’s burgeoning digital economy.

Capalona.co.uk is excited to announce its new and improved business loan comparison service, which now includes example costs of lender products, rates, monthly loan cost, and total repayable. There’s also now a ‘more details’ expandable panel to give borrowers more product information.

Tarabut Gateway, MENA’s leading open banking platform, announces the appointment of Tariq Sanad as its new Chief Financial Officer (CFO).

Tariq, a Bahraini national, is one of MENA’s renowned start-up veterans, boasting over 20 years of experience in the finance field. During this time, he has established himself as one of the region's most talented financial managers and entrepreneurs, excelling particularly in scaling growth start-ups post-Series A.

UK FinTech funding has dipped in the first half of 2023, as total cash raised by UK fintech firms reached $2.9 billion in the first six months, showing a 37 per cent decrease compared to the later half of last year, according to new figures from industry body Innovate Finance.

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, and Nityo Infotech, a global IT services company, today announced a formal partnership aimed at providing innovative and comprehensive technology solutions to the Banking, Financial Services & Insurance (BFSI) industry.

As the world progresses further into the digital age, the convergence of disruptive technologies like AI and Blockchain has paved the way for unparalleled business efficiency. This convergence is more than a simple union of technologies, it’s an amalgamation that could revolutionize the way businesses operate, bringing about new paradigms in efficiency, security, and scalability.

Protecht today announced the launch of its enhanced Vendor Risk Management module to enable businesses to mitigate risks with third-party vendors. Protecht is a leader in Enterprise Risk Management (ERM) software and services globally. 

A new study from Juniper Research, the foremost experts in 

FOO, an award-winning B2B fintech solutions provider headquartered in the UAE, has partnered with the Bahrain-based payment services provider and card processor, Infinios Financial Services B.S.C (C). By combining their technology and expertise, the two market-leading companies will deliver an out-of-the-box Digital First Card Issuance Platform.