Latest updates in the world of FinTech research & news

Crowdfunder.co.uk was founded in 2014 and claims to be the UK's number one rewards-based crowdfunding platform, also working with corporates to help them leverage their philanthropic investments. In just under six years, Crowdfunder.co.uk has helped raise more than £100 million for charities, businesses and community projects across the UK as well as working with several corporates including Santander and RBS NatWest to distribute grants.

An upbeat message about the exciting opportunities ahead in FinTech the keynote address at the 1st Global FinTech Innovation Awards. Vishal Mahadevia, managing director of Warburg Pincus India, delivered the keynote speech at the 1st Global FinTech Innovation Awards at the Four Seasons Mumbai on 22 November 2019. Read the excerpts of his address here.

The Reserve Bank of India has released final guidelines for 'on-tap' licensing of small finance banks and opened the window for applicants. As per the Reserve Bank of India (RBI) guidelines, payments banks have been allowed to apply for conversion to small finance bank (SFB) status. However, they may do so only after five years into existence as a payments bank and by meeting other eligibility norms, including promoters holding no more than 10%. The payments bank model was conceptualized by the RBI in 2014 to bolster financial inclusion in the country with the help of technology.

Arab Jordan Investment Bank (AJIB) is one of Jordan's leading investment and commercial banks that serves retail customers, large corporations and financial institutions. AJIB's retail department provides diversified products and services to its clients such as personal and housing loans and most types of credit cards; and AJIB's investment and corporate banking departments offer their clients a wide range of investment and commercial banking services including mergers and acquisitions, equity capital markets, transaction advisory services, project and trade finance and equity research.

IBS Intelligence held its second FinTech Roundtable at the CedarIBSI FinTech Lab in Dubai Media City on 28 November 2019. Representatives from FinTech Lab members including i-Xceed Solutions, Fournxt, Clayfin, Expleo (formerly Thinksoft) and Clari5 came together with a clutch of banks based in United Arab Emirates (UAE); among them National Bank of Fujairah, Mashreq, Emirates NBD and Dubai Islamic Bank. The roundtable event was staged to discuss the need for innovation in treasury management systems and regulatory technologies in the banking ecosystem.

This section is a monthly snapshot of activity in the banking technology system space. This is useful for anyone who wants to track banking system sales on a regular basis. The Who’s Bought What provides all the key details of the deal such as the bank that bought the system, the type of system, the supplier and the system name, and the country of sale.