MAS Issues New Rules to Strengthen Cyber Resilience of Financial Industry
- 5 years 12 months ago
- Security and Compliance, Security, Financial
The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector. The Notice on Cyber Hygiene sets out the measures that financial institutions must take to mitigate the growing risk of cyber threats. The Notice will make compulsory key elements in the existing MAS Technology Risk Management (TRM) Guidelines. Specifically, it... more
Agenda of IFINTEC Finance Technologies Conference and Exhibition is Announced
- 6 years 2 days ago
- FinTech StartUps, IT Innovations, Infrastructure
The Agenda of IFINTEC Finance Technologies Conference and Exhibition (09-10 April 2019 - Istanbul, Turkey) is announced on the event website. IFINTEC is a global conference which is one of the biggest and most important conferences in EMEA region with its focus on Retail Banking, Digital Banking, Core Banking, Payment Systems, Banking Technologies, Banking IT Solutions, Digital Transformation and Finance Technologies. With 900+ attendees,... more
Fintech financing is in the highest demand in urban areas in Asia
Residents of urban areas fall back upon fintech services providing personal financing far more often than in less urbanized regions. These are the findings on the regional use of online financing in the Philippines, Indonesia, Vietnam and India mapped by the analysts of the financial holding Robocash Group.
Sterling fall could lead to surge in Chinese citizens buying British goods/visiting the UK -spending power could increase by 22%
- 6 years 4 days ago
- Digital Identity, Financial
JGOO, the next generation mobile payments platform, says the increased chance of a hard Brexit and the growing possibility of a general election means Sterling could fall further, leading to a possible surge in Chinese tourists visiting the UK and buying the country’s goods online.
Joint SWIFT and BCG report finds growing momentum for API technology as firms seek more efficiency and new service offerings
- 6 years 5 days ago
- Security and Compliance, Security, Financial
The securities servicing industry may be near a tipping point in adopting Application Program Interfaces, or APIs, as firms pursue improved efficiency and new business models. A new report published today by SWIFT and the Boston Consulting Group found that API interest is rapidly growing in the post-trade area. Over the course of 2018 alone, awareness of APIs among asset managers increased 26 percentage points to 72%, according to a BCG survey.... more
Explore the hidden opportunities in China Fintech market
- 6 years 1 week ago
- FinTech StartUps, IT Innovations
In 2018, Money20/20 launched its first China show in Hangzhou, the birthplace of Alibaba and Ant Financial! We brought together more than 2000 professionals from 53 counties, built bridges for partnerships that wouldn’t have been possible otherwise, and created in-depth discussions on burning topics for Chinese and international audiences.
Enova Reports Second Quarter 2019 Results
- 6 years 1 week ago
- Platform Technology, Financial
Enova International, a leading financial technology and analytics company offering consumer and small business loans and financing, today announced financial results for the quarter ended June 30, 2019.
Path Solutions won first place in a record-breaking four categories of ACQ5 Global Awards
- 6 years 2 weeks ago
- Islamic Finance, Financial
Path Solutions, a global provider of Sharia-compliant banking software solutions and services, has won four categories in the 2019 ACQ5 Global Awards. Building on last year’s three-win, the company topped the Core Banking, Digital Banking, Sharia-compliant Microfinance, and GameChanger of the Year - Islamic Finance categories in this year’s rankings.
Wirecard Transforms Shopping Experience with Unique Smart Mirror
- 6 years 2 weeks ago
- Digital Identity, Financial
Wirecard Labs prototype is the first mirror to integrate ordering and payment options
Fusang Announces Strategic Partnerships to Help Build the Future of Digital Financial Infrastructure
- 6 years 2 weeks ago
- Asset Management, Financial
Fusang Group is pleased to announce that it is working with two firms from across the digital asset industry as it continues to build the future of financial infrastructure. Both its new partners will contribute to a growing tokenisation ecosystem around Fusang Exchange that enables high-quality assets, companies and projects to raise capital. The two partnerships will contribute different aspects to the ecosystem: • Point95 Global will offer... more
Finleap Tackles the French Market and Announces the Recruitment of its Managing Director
- 6 years 3 weeks ago
- Management, Banking, Financial
Finleap, the largest fintech ecosystem in Europe, supported by leading investors such as Ping An (via its "Voyageur Fund"), continues its international expansion and launches its activities in France . Nicolas Montes-Edwards will head Finleap France, based in Paris. This announcement is a logical continuation of the company's European development.
The Derivatives Service Bureau Reports Results from first 2019 Industry Consultation
- 6 years 1 month ago
- Financial
The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the results from its first consultation of 2019, and the opening of its second consultation aimed to... more
BBVA Launches New Fintech Acceleration Program
- 6 years 1 month ago
- Financial
Called the BBVA Open Innovation Acceleration Program, the project is aimed at giving businesses a targeted helping hand on the road to success. Over the course of nine-months, those selected for the program will receive expert guidance and support from senior leaders at the bank on a range of topics.
Workplace IT issues are creating a £4 billion UK productivity ‘black hole’, Capita research reveals
- 6 years 1 month ago
- IT Innovations, Infrastructure
A new report, ‘The State of IT – The Employee Verdict’, reveals that more than half (55%) of financial services workers in the UK lose at least an hour a month to IT problems, with an average 1 hour 23 minutes lost. Although 95% of financial services workers stated they had IT issues at work, less than two thirds (62%) actually reached out to IT support or service desks to solve them.