Archives

Big Data in a Flash Big Data refers to large datasets that cannot be stored and analysed by regular database software tools. The financial services industry is deemed to have the largest datasets [...]

Wealth Management in a Flash Wealth management is going through immense change. The main drivers are changing customer expectations, the rise of technology (e.g. roboadvisors and big data), and [...]

Fintech Payments and Remittances in a Flash Fintech has made a strong entry into the payments arena. Consumers now have a choice to try innovative methods of sending and receiving money. Migrant [...]

What you need to know Revolut is a UK based currency service. It is making the most out of its extensive user base of more than 500.000 users. After sealing a deal with MoneyFarm to refer [...]

What you need to know Alibaba Group is investing US$177 million in Indian online retail giant Paytm E-Commerce. This will expand the Chinese company’s operations in India, the world’s [...]

What you need to know The Financial Conduct Authority (FCA) said businesses borrowing money and lending it out must have permission to “accept deposits” — which is a feature of the banking [...]

Several challenger banks have emerged in the United Kingdom, but Monzo is probably the most popular one. Built entirely from scratch onto a mobile native app, Monzo offers a series of [...]

What you need to know TransferWise has created a virtual assistant on Facebook to send money to people in different countries. TransferWise’s new Facebook service is currently available to [...]

What you need to know After buying US based Moneygram and investing in Thai Ascend Money and Philippine Mynt, Ant Financial are investing in another payments network. This time it is investing in [...]

What you need to know: The Bank of Tokyo-Mitsubishi UFJ is working on a proof of concept to digitalise their checks process, from issuing, through transfer to collection. This can work well to [...]