More than half (52%) of senior decision-makers in financial services organisations across the US and Europe, said they look to update or replace in-house solutions because they become technologically outdated. That’s according to a new in-depth study, commissioned by Asset Control.

Further underlining the ongoing need to adapt their in-house technology, 49% of the sample said they were driven to schedule changes by ‘the increase in digitalisation within the business’ and 48% by ‘the need to keep pace with the competition’.

More than 40 leaders in the banking industry in West Africa region will gather in Lagos, Nigeria between the coming 23 -24 April, to discuss efforts aiming to increase financial inclusion across West Africa region by 2020 in the Future Banking Tech West Africa Summit.

Ahead of the Derivative Sales and Trading Transformation Conference , we spoke with Sushil Krishan, Director, Institutional Equity Derivatives Flow and Solutions Sales at UniCredit  about the main consequences of technological advancements on the Derivatives Sales and Trading industry as well as the implementation of a ‘high-touch’ and ‘low-touch’ sales structure.

Alibaba Cloud, the cloud-computing arm of Alibaba Group, today announced the Tech for Change initiative at the Mobile World Congress (MWC). The initiative calls for inspiring ideas and joint efforts from enterprises, start-ups and young entrepreneurs, to tackle global social and humanitarian challenges in areas such as education, economic development and the environment through technologies.   

Red Deer, the financial technology company dedicated to enhancing the performance of active investment managers, announced today that its Research Management solution has been selected by hedge fund Engadine Partners LLP (“Engadine”), to enable the firm to benefit from a flexible, tailored and operationally efficient approach to MiFID II.

Ahead of the Derivative Sales and Trading Transformation Conference , we spoke with Cyril Cottu, Global Head of Digital and eCommerce at BNP Paribas about how banks and their clients can maximise the benefits of chat platforms and infrastructure and also how they can benefit from working with external providers.

Less than a third (31%) of UK SMEs claim to have a clear picture of business spend at the end of each month but little visibility on a day-to-day basis, according to a new report commissioned by fintech provider Fraedom.  

The report also revealed that this lack of visibility is leading more than half (57%) of the sample to spend more than two hours per week on expense or financial management tasks, while 22% admitted having to regularly ‘spend significant time and money investing who spent what’. 

More than half (59 per cent) of respondents to the latest social media poll conducted by Infosecurity Europe 2019 – Europe’s number one information security event – believe that an attack on the UK’s critical national infrastructure is likely this year.

Identitii Limited (“Identitii” or the “Company”) (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction-level detail on top of financial messages using a private blockchain, is pleased to announce it has joined the Banking Industry Architecture Network (BIAN).

Mastercard, a leading technology company in the global payments industry, has signed a global Memorandum of Understanding (MoU) with Angaza, a leader in last-mile distribution technology, which will see the two companies partner to rollout an efficient digital payment solution that increases access to affordable necessities, like solar home systems and water pumps, for people and businesses in emerging markets across the globe.