FTB News Desk - FinTecBuzz

Huobi Hosts First Global Elites Meetup in Singapore

FTB News DeskNovember 19, 20184 min

Huobi Group, the world’s leading blockchain company, hosted its first ever meetup of Global Elites in Singapore on November 16, 2018. One hundred and ten high-level cryptocurrency, finance, and blockchain influencers from across the region gathered to network, share insights, and discuss trends within the crypto community. The highlight of the event was a series of panel discussions on blockchain, investment, and community building during a bear market. Notable speakers included Ong Jun Hao from BlockConnectors, Ryan Lye from CryptoGrinders, Max Ng from Crypto...

Investments

MassMutual International Completes Sale of MassMutual Asia to Yunfeng FG and Several Asia-Based Investors

FTB News DeskNovember 16, 201813 min

MassMutual International LLC (MassMutual International) – Massachusetts Mutual Life Insurance Company’s (MassMutual) holding company for its international operations – and Yunfeng Financial Group (Yunfeng FG, HKSE: 376) announced today the completion of the sale of Hong Kong-based MassMutual Asia Ltd. (MassMutual Asia) to Yunfeng FG and several Asia-based investors. With this transaction, which was originally announced on August 17, 2017 when the two companies and the other investors signed the agreement, MassMutual International will receive approximately USD 1.01 billion in cash (HKD...

Investments

d1g1t Secures Series A Round to Fund the Growth of its Enterprise Wealth Management Platform

FTB News DeskNovember 16, 20187 min

d1g1t Inc., the enterprise financial technology company serving the wealth management industry, announced today that it has closed its second round, Series A financing to fund the continued growth of its enterprise digital wealth management platform. Powered by advanced analytics and risk management tools, the d1g1t platform offers transparent portfolio management services to professional advisors and their clients. d1g1t has raised over CAD $9 million in two private investment rounds lead by Purpose Financial, headed by Som Seif and backed by the...

Investment Platforms Investments

Checkout.com Ranks Second in Deloitte UK Technology Fast 50

FTB News DeskNovember 16, 20186 min

International online payment solutions provider Checkout.com has ranked in 2nd place in the Deloitte 2018 UK Technology Fast 50 with a four-year growth rate of 15,548%. It was also named the fastest growing UK fintech and was ranked in the Deloitte Technology Fast 500™ EMEA. The Deloitte Technology Fast 50 is one of the UK’s foremost technology award programmes. It ranks the country’s 50 fastest growing technology companies based on revenue growth over the last four years....

Crypto Currencies

Airfox Transforms Mobile Finance in Emerging Markets with Blockchain and Machine Learning

FTB News DeskNovember 16, 201814 min

Boston-based fintech startup releases updated vision for AirToken to solve critical financial problems

Crowdfunding Equity Based Crowdfunding

Zero Raises $16M And Launches Debit-Style Banking Experience With Cash Back

FTB News DeskNovember 16, 201811 min

Fintech Combines Simplicity of Debit with Rewards and Flexibility of Credit in Partnership with WebBank and Evolve Bank & Trust

Business Tools Financial Software

SS&C Completes Acquisition of Intralinks

FTB News DeskNovember 16, 20188 min

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced it has completed the acquisition of Intralinks Holdings, Inc. Intralinks is a leading financial technology provider for the global banking, deal making and capital markets communities. Intralinks facilitates strategic initiatives including mergers and acquisitions, capital raising and investor reporting by enabling and securing the flow of information. Intralinks also provides the leading investor communications platform for private equity and...

Investment Platforms Investments

Phoenix Finance Showcases Family AI Intelligent Insurance Advisor ‘Phoenix Intellinsur’ At Money 20/20 China

FTB News DeskNovember 15, 20188 min

Phoenix Finance, a one-stop intelligent investment platform established by Phoenix TV Group, offers top-notch financial products and services, and will launch its new family AI intelligent insurance advisor, “Phoenix Intellinsur”, this week at Money 20/20 China, the world’s leading fintech conference. At the event, being held in Hangzhou from November 14-16, Vince Zhang, President of Phoenix Finance, has taken the audience on a tour of the new product and shown how AI algorithms can be used to help customers make more reasonable decisions...

Asset Management Investments

Broadridge Asset Management Solutions Enhances Next-Generation Visual Analytics with Tableau Partnership

FTB News DeskNovember 15, 20187 min

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and recent addition to the S&P 500® Index, today announced a strategic partnership with Tableau Software, delivering enhanced analytics and visualization capabilities to Broadridge’s investment management clients. Clients will have seamless integration between the Broadridge Investment Management Data Warehouse and Tableau to provide self-service access to individualized analytics, customizable digital reports and interactive dashboards. Tableau’s commitment to developing the broadest and deepest analytics platform gives Broadridge clients...

Data & Analytics Risk Management

Zoot Enterprises Delivers More Than 500% Risk-Adjusted ROI For Composite Organization

FTB News DeskNovember 15, 20187 min

Zoot Enterprises, a global fintech company providing advanced origination, acquisition, and decision management solutions, today released the results of a new commissioned study conducted by Forrester Consulting on behalf of Zoot Enterprises and published October 2018. Through customer interviews and data aggregation, Forrester concluded that Zoot’s WebRules delivers the following three-year risk-adjusted financial impact to a composite organization1: 529% return on investment $35.4 million Net Present Value (NPV) 9 month payback period “If we had tried to...

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