October 22, 2018 @ 2:22 pm By Samantha Hurst  |  

Digital brokerage solution provider DriveWealth announced on Monday it has joined forces with Australian global payments platform Verrency to deliver its fractional share investment platform to a new segment of consumers. DriveWealth reported that through the new partnership shoppers who have a debit or credit card will have… Read More

 Tagged drivewealth, partnership, verrency

October 22, 2018 @ 1:27 pm By JD Alois  |  

As we predicted just yesterday, Goldman Sachs will move into the wealth management space, according to a note by CNBC. The additional service was alluded to in the most recent Goldman earnings call which took place last week. The new financial advisor service will most… Read More

 Tagged goldman sachs, marcus, robo advisor, wealth management

October 22, 2018 @ 9:39 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) is reporting that investors attending the Singapore FinTech Festival have committed to investing $12 billion into ASEAN firms over the next two years. The 380 investors plan to dedicate USD $6.2 billion over the next year and an additional… Read More

 Tagged asean, even, ey, jacqueline loh, mas, match, max loh, monetary authority of singapore, singapore, singapore fintech festival

October 22, 2018 @ 8:59 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced over the weekend the launch of its global asset servicing solution. According to Broadridge,  the solution is designed and developed with a global tier-one bank, now cloud, along with SaaS-enabled and selected by global banks, the full end-to-end solution streamlines… Read More

 Tagged asset servicing, broadridge financial, global, saas, solution

October 21, 2018 @ 8:58 pm By JD Alois  |  

LATTICE80, a Fintech Hub that migrated its headquarters from Singapore to London, reports it will open a new Fintech Hub in Hong Kong. Supported by the Marvelstone Group, LATTICE80 seeks to connect Fintech Startups, Financial Institutions & Corporates, Government Institutions and the Public to build… Read More

 Tagged gina heng, hong kong, joe seunghyun cho, lattice80

October 21, 2018 @ 8:32 pm By JD Alois  |  

Last week, Goldman Sachs (NYSE:GS) shared their 3rd quarter earnings report. Buried within the report was an update on Marcus, the digital bank and online lender that recently crossed the Atlantic setting up a beachhead in Europe by opening up in the UK in late September…. Read More

 Tagged banking, challenger bank, digital banking, goldman sachs, marcus, trussle, uk, united kingdom

October 20, 2018 @ 6:54 pm By JD Alois  |  

Lawless, ill-conceived, and destabilizing of financial markets. While most level headed individuals will have the opinion this statement best describes the New York Department of Financial Services (NY DFS) and their anti-Fintech point of view, think again. This is how the DFS describes the Office… Read More

 Tagged dfs, fintech charter, lawsuit, maria vullo, occ, office of the comptroller of the currency, perspective

October 20, 2018 @ 1:42 pm By JD Alois  |  

Following the acquisition of WePay back in 2017, JP Morgan Chase is building upon its Fintech venture with a new Fintech campus in Silicon Valley, according to multiple reports. According to a blog post on WePay, a prominent Fintech in the payments space, JPM will… Read More

 Tagged jamie dimon, jp morgan chase, tina hsiao, wepay

October 20, 2018 @ 9:41 am By Xu Gao  |  

Xiaomi Eyes Consumer Financing and B2B Lending in India Chinese smartphone giant Xiaomi plans to enter the consumer finance and business-to-business (B2B) loan market in India. Xiaomi has followed the Indian company law and established a non-bank financial institution “Xiaomi Financial Services India” to apply… Read More

 Tagged ant financial, baidu, carlson tong, china, fang yong, hong kong, hong kong securities commission, trust mutual life, weiyangx, xiaomi, xu gao

October 19, 2018 @ 9:42 pm By Samantha Hurst  |  

Bank of England (BoE) announced earlier this week the launch of its new student fintech competition. The bank revealed that as a central bank of the UK it is now working to promote “the good of the people of the UK” by maintaining monetary and financial… Read More

 Tagged bank of england, fintech, internship, student, uk, united kingdom