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Intelliflo unveiled details of the Simplified Investment Advice service targeted to launch this summer to clients of advisers using the Intelligent Office (iO) Personal Finance Portal (PFP). Advisers can choose which clients have access to the service.
A configurable advice process incorporating attitude to risk and investment projection tools will be available allowing clients to experience a fully online and automated process.
Financial IT and FinTech are huge topics, on which there are many and varied opinions. What are the key concepts that really define the bigger picture?
The Singapore government is launching a dedicated office designed to help fintech startups set up in Singapore.
The office, described as a one-stop service for fintech startups, is part of the SG-Innovate initiative announced in the March budget speech by finance minister Heng Swee Keat as Singapore steps up its plan to promote itself as the leading fintech hub in Asia.
Interviewees: Rich Wagner, CEO and Founder of APS (RW) and Tony Craddock, Director General of the Emerging Payments Association (TC)
Financial IT: Rich, could you please explain who and what is APS?
RW: Advanced Payment Solutions (APS) is not a bank.We are a digital platform that provides banking services. We have been in operation for over 10 years, and have a strong position in the UK. We are certainly the leading independent e-money issuer, issuing debit cards to consumers, SMEs and the public sector throughour partnership with MasterCard.
Cash flow issues can sometimes get the best of all of us, including small businesses. Life's realities – employees who need to be paid at the end of the day, supplies that have to be purchased before the job is done – can send small business owners scrambling. Immediate deposit availability can fill this important need.












