Awards were presented to tech companies and banks and financial services providers from 15 countries around the world at the 1st Global FinTech Innovation Awards. London: IBS Intelligence (IBSI),...
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The Royal Bank of Scotland (RBS) has been accused of leaving fake reviews of its new mobile banking app Bó in Apple’s store after several five-star reviews were published...
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DriveWealth has partnered with SBI Thai Online Securities (SBITO) to enable investors in Thailand have access to the U.S. stock market and participate in fractional share trading. SBITO launched...
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The Reserve Bank of India has announced a 24×7 National Electronic Funds Transfer (NEFT) system from December 16, 2019, onwards with the first settlement being notified by the RBI...
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Cyberhaven has announced the close a $13 million Series A funding round and the launch of the Data Behavior Analytics (DaBA) solution. The round was co-led by Vertex Ventures...
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First Eagle Investment Management LLC and THL Credit Advisors LLC have entered into a definitive agreement for First Eagle to acquire THL Credit. An alternative credit manager, THL has...
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Starling Bank has announced the addition of a new legal services partner Sparqa Legal to its Marketplace in a bid to enable its users to access legal services through...
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Mortgage lender PrimeLending Inc has zeroed in on Total Expert to empower their loan officers with a marketing automation solution. “Total Expert was a clear choice, giving our loan...
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Paris-based risk management solutions provider, Murex has entered into an agreement with the National Bank of Kuwait (NBK) in a bid to allow the bank to integrate its legacy...
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Barclays has opened a new world-class campus in Pune, India, intending to bolster the company’s global network. The Pune campus is reportedly the largest single location outside Barclays’ global...
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Russian digital bank, Tinkoff has announced the launch of a ‘super-app’ that is capable of catering to the users’ financial, leisure or lifestyle needs. The bank states that the...
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SIMON Markets LLC has announced the expansion of its digital platform to empower financial professionals to navigate through indexed annuities to better serve their clients. The company has partnered...
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MoneyThing, a UK-based P2P lender, is closing down. The firm has announced that it is in orderly wind-down and is no longer taking any new investments or new customers....
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Banks around the world are witnessing the winds of change. What do these trends mean from a boardroom's perspective? Here is a holistic take, using the Balanced Scorecard framework and the priorities that banks would do well to take note of that banks are having to deal with demands from customers, regulators and new-age FinTech disruptors has been much written about.
Read MoreArab 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.
Read MoreIn the next stage of developing its solutions, CustomerXPs is planning to launch a federated network of banks that would enable member banks to receive fraud-related information and intelligence on a real-time basis and would comprise all sizes of banks. It already has the top five Indian lenders on its network, helping them to tackle the burgeoning financial frauds across the world.
Subscribe to read moreAs the year comes to an end, we take a look back at the significant developments of 2019 that have the potential to change the face of the FinTech ecosystem FinTech: a word that represents the union of two worlds finance and technology and the evolution of the use of technology in financial services. With smarter phones and cheaper internet, things have become a lot easier, with companies fighting to cash in on the underbanked and customers looking for cheaper, yet better options.
Read MoreRegTech offers financial institutions and their regulators the opportunity to enhance their regulatory environment through the implementation of technologies including report automation tools, visual analytics, robotic process automation, next-generation data architecture and business process management.
Subscribe to read moreIBS Intelligence (IBSI), the leading global FinTech news, research and analyst firm, hosted the awards ceremony for the 1st Global FinTech Innovation Awards at the Four Seasons Hotel Mumbai, on 22 November 2019. The evening began with a light-hearted look at life from renowned comedian Anuvab Pal, followed by an introduction from IBSI chairman Sanjiv Anand.
Read MoreThere are countless examples of criminals utilising technological advancements to further their criminal activities and enterprises. For example, the increasing availability of drones is providing more opportunities for criminals to transport illicit goods, as well as attach weapons or even explosives to them.
Subscribe to read moreThis 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.
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