The future of finance could be better if it was accessible to the majority of society. Broad-based financial inclusion is the enabler of Sustainable Development Goals, and achieving that goal is of paramount importance today. Digitization spans the globe across different industries and verticals. The financial sector is no exception. We are rapidly moving towards
KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report. Mazars will provide greater transparency and reporting on whether their in-scope assets are collateralized to KuCoin’s current and potential consumers. It will also give specifics to demonstrate
Temenos announced that Mbanq, one of the US’s leading Banking-as-a-Service (BaaS) providers, has expanded its relationship with Temenos to accelerate BaaS adoption in the US.’ This agreement deepens cooperation between the companies following the launch of a joint credit union providing services last year (affiliate). Temenos also made a small investment in Mbanq to enter
Positive news, yes? Actually, no. The percentage of after-tax income that consumers save personally is known as the personal savings rate. The increment’s 1% increase is an issue. Among 100 people, none spend. Because they may only purchase in certain quantities, they “save.” Their after-tax income that hasn’t been spent rises along with their income.
OneConnect Financial Technology Limited, a leading provider of technology services to financial institutions in China, announced today that it will change the proportion of American Depositary Shares (“ADS”) that represent equities. ordinary shares from one ADS representing three ordinary shares to one ADS representing thirty shares of common stock. The rate change will take effect
In 2016, Andrew Hoag, a former senior executive at Verisign and web project manager at NASA’s Ames Research Center, founded Teampay, a platform that attempts to automate the software purchasing process for businesses. Hoag’s idea is that the way companies spend their money is changing, especially as they embrace digital transformation, and visibility and control
The closure of a $12 million Series B capital raising was announced today by Strategic Risk Associates (SRA), a top supplier of comprehensive risk and performance management SaaS technology (WatchtowerTM) for the financial services and insurance industries. Along with longtime SRA client, Atlantic Union Bankshares Corporation and other existing investors, this round of funding were
InvestCloud, the global leader in financial digital transformation, today announced that Huntington National Bank has launched Advisor Connect, a branded digital experience based on Find My Advisor’s technology. InvestCloud. Huntington is a subsidiary of Huntington Bancshares Incorporated (Nasdaq: HBAN), a $179 billion regional bank holding company headquartered in Columbus, Ohio. Retirement savings, insurance worries, and
Honeywell has announced the release of Honeywell Smart Pay, a contactless software payment solution enabling the company’s powerful mobile to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services. Honeywell Smart Pay gives sales associates and service workers the ability to complete on-site payments in
July 27, 28, and 29, 2023 | Westin Bayshore, 1601 Bayshore Drive, Vancouver, BC V6G 2V4.
July 27, 28, and 29, 2023 | Westin Bayshore, 1601 Bayshore Drive, Vancouver, BC V6G 2V4. 2023 UBC Summer Finance Conference at Westin Bayshore, 1601 Bayshore Drive, Vancouver, BC V6G 2V4. Registration Fees: Participant: Prior to June 15 registration: Complimentary (includes all meals and events) After June 15: CAD $150 + tax** (includes all meals
Companies in the financial sector can leverage artificial intelligence to analyze and manage data from multiple sources to provide valuable insights. These innovative results help banks overcome the challenges they face on a daily basis while providing day-to-day services such as loan management or payment processing. Let’s now look at some AI-driven FinTech innovation use
Financial institutions and entrepreneurs have a complicated historical relationship. Entrepreneurs need the means to finance their businesses and stay afloat, which means they rely on banks for everything from business loans to checking accounts. And banks need entrepreneurs too. Without small businesses driving the economy, there’s not many banks can do. This (sometimes reluctant) codependency
