Digital-first direct banks outperforming the top 50 global banks on key performance metrics including privacy, security and problem solving

 Mobile now considered the main branch for banking for anyone under the age of 53

Direct bank users three times more likely to trust a technology company to provide a financial mobile app over their bank

Fujitsu Laboratories of Europe has become one of the founding partners of the recently launched 

Red Deer, a financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that Close Brothers Asset Management, a leading wealth manager, has improved its MiFID II processes by implementing Red Deer’s Research Management solution to better manage its research budgets and enforce stricter controls around inducement across its investment business. 

Crypto Facilities, a world-leading cryptocurrency trading platform and index provider, today announced the appointment of Sui Chung to lead its index and pricing products business.

If trade finance, securities settlements and loans get increasingly processed on DLT, then at what point, will we witness that a substantial part of the corporate and investment banking business has transformed? 

How Transformational Change rolls out 

New technology in itself does not directly disrupt an industry. Changes induced by it must first break the market balances and move the goal posts by passing on new value to the end customers. 

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and KPMG Lower Gulf Limited “KPMG LG” are pleased to launch the second edition of FinTech Abu Dhabi Innovation Challenge (the Challenge) and push ahead with efforts to drive innovation in the financial services industry.

Equichain is proud to announce the signing of a partnership agreement with the Abu Dhabi Securities Exchange (ADX) to join its working community, which aims to bring efficiencies to capital markets.

G+D Mobile Security announced that it signed a Memorandum of Understanding with Worldline, the European leader in payments and transactional services, to cooperate in the field of Industrial IoT (IIoT) security.

EMVCo, the global technical body that manages the EMV® Specifications, has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. EMVCo has developed reproduction requirements and a free licensing structure to enable all implementers of EMV QR Code solutions to use the mark.