FTB News Desk - FinTecBuzz

CCAvenue.ae Wins Prestigious FinTech Accolade at the International Finance Awards

FTB News DeskFebruary 6, 20195 min

In recognition of the prominent role played by CCAvenue towards the evolution of digital payments in the U.A.E., the company has been adjudged the ‘Fastest Growing Online Payment Service Provider’ in the Technology Awards category at the International Finance Awardsheld in Dubai on 17th January 2019. The award was accepted by Mr. Arun Jeevarajand Mr. Akhil Thakur, the senior officials who represented CCAvenue at the esteemed event. The International Finance Awards recognise industry talent, leadership skills, industry net worth and...

Online Payments

BGL and Personetics to jointly present a roadmap to self-driving Finance at IN BANQUE 2019

FTB News DeskFebruary 5, 20196 min

Self-Driving Finance will be the topic of a joint presentation by Josselin Hébert, Head of Business Innovation & Digital Change at BGL BNP Paribas, and Benjamin Malka from Personetics at IN BANQUE 2019. Self-Driving Finance™ offers a novel way to simplify financial decision-making – using AI to safely and effortlessly guide consumers and businesses towards their financial goals. Using self-driving finance capabilities, banks are able to provide retail, small business and wealth management customers with varying degrees...

Financial Software

creditcardGenius Ranks 184 Canadian Credit Cards To Find The Best Of 2019

FTB News DeskFebruary 5, 20196 min

Today, creditcardGenius announced the best Canadian credit cards of 2019. Using a math-based algorithm, 50 features of 184 credit cards were objectively analyzed and ranked in 24 categories. At creditcardGenius, consumers can benefit from tailor-made credit card recommendations based on what they’re looking for from Canada’s best credit cards. The comparison engine calculates a Genius Rating based on 50 of the most important credit card features, including rewards, fees, interest, and insurance. “Canadians have a lot of options...

Insurance

Argentina’s Banco Columbia chooses fintech and insurtech company novae as digital transformation partner

FTB News DeskFebruary 5, 201913 min

Banco Columbia is one of the first banks in Argentina to implement Visa Loyalty Solutions, a cutting-edge digital payment platform and loyalty program co-created by novae and Visa, as a first step toward its digital transformation

Investment Platforms

ARK Investment Management Launches the ARK Fintech Innovation ETF (ARKF)

FTB News DeskFebruary 5, 201917 min

ARK Investment Management LLC (ARK), a New York-based adviser focused solely on disruptive innovation, today launched the ARK Fintech Innovation ETF (ARKF), its fifth actively managed exchange-traded fund (ETF), and seventh ETF overall. The new fund will begin trading publicly on the New York Stock Exchange Arca on Monday February 4th. The ARK Fintech Innovation ETF (ARKF) invests in equity securities of companies that ARK believes are shifting financial services and economic transactions to technology infrastructure platforms, ultimately...

Payments Wallets

Xpress Money Looking to Double Its Mobile Wallet Operations in Africa in the First Half of 2019

FTB News DeskFebruary 4, 20197 min

The money transfer organization witnessed a record 37% growth in transfers to Mobile Wallets in Africa While Africa continues to be driven largely by cash transactions, it is a known fact that the mobile wallet segment is growing year on year within the region. With the pace at which the segment is growing it is safe to assume that Africa will soon be driven by mobile money in the next few years. According to the financial inclusion survey by World...

Banking Mobile Banking

Transform Banking With Newgen’s Easy-to-use BPM Platform at Makeathon 2019, Lagos

FTB News DeskFebruary 4, 20195 min

Newgen Software, a global provider of banking software solutions, today announced Makeathon 2019, Lagos, Nigeria. The event will focus on creating powerful banking processes using easy-to-use low-code BPM platform – OmniFlow Intelligent Business Process Suite (iBPS). (Logo: https://mma.prnewswire.com/media/676258/Newgen_Logo.jpg ) “Speed is the biggest driver for businesses today. One of the key areas which are priority for CIOs is to enable their businesses to develop process applications rapidly without any dependence on traditional IT. Many of these business requirements can...

Asset Management Investments

Liquid announces key hires in senior leadership team

FTB News DeskFebruary 4, 20199 min

Global digital asset platform Liquid announced the appointment of key senior leadership. The company is pleased to welcome: Jeffrey Pope, Chief Marketing Officer Graeme Docherty, Chief Auditor Katsuhiro Otake, Group Financial Controller Mark Hammond, Head of Flow Products and API Laurent Serena, Head of Trading “Our management team comes with years of in-depth banking, finance and e-commerce experience critical to managing financial market cycles. Hence, we are well prepared to focus on fundamentals amidst the volatility of the crypto industry. Our...

Data & Analytics Risk Management

LifeYield Announces Partnership with Envestnet | Yodlee

FTB News DeskFebruary 1, 201911 min

LifeYield (www.lifeyield.com), a leading cloud-based solution that facilitates tax-smart, risk-smart management of an investor’s entire household portfolio, announced a new integration with Envestnet | Yodlee, a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. This integration will help financial advisors identify, optimize and quantify the benefits to investors by managing multiple account registration types in a coordinated way to minimize taxes, maximize after-tax returns and be in a better position to...

Brokers/Trading

BGC Partners Completes Acquisition of Ed Broking Group Limited

FTB News DeskFebruary 1, 20198 min

BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC” or the “Company”), a leading global brokerage and financial technology company, today announced that it has completed the acquisition of Ed Broking Group Limited (“Ed”), an independent Lloyd’s of London insurance broker with a strong reputation across Accident and Health, Aerospace, Cargo, Energy, Financial and Political Risks, Marine, Professional and Executive Risk, Property and Casualty, Specialty and Reinsurance. Shaun D. Lynn, President of BGC Partners, commented on today’s announcement: “We...

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