Money Management Archives | Page 78 of 239

Digital Wealth Management

How is the Hybrid-Advisory Model Transforming Wealth Management?

The wealth management industry is undergoing rapid digitization, driving a significant shift toward hybrid-advisory models that combine traditional face-to-face services with advanced digital tools. Historically, the wealth management sector has relied heavily on high-touch, personal interactions to build client relationships and trust. However, in the wake of COVID-19, the landscape is rapidly evolving, with both clients and advisors increasingly adopting

August 21, 2024

FinTech Insurance

Walnut Insurance Secures $3.3M to Advance Embedded Insurance Tech

In a notable move within the insurance industry, Walnut Insurance has successfully closed a C$4.6 million ($3.3 million) funding round. This new capital is poised to further the company’s embedded insurance technology platform, signaling a leap forward in how insurance products are integrated into various services and financial platforms. The successful funding round marks a significant step forward for Walnut

August 21, 2024

Embedded Finance

How Is Embedded Finance Transforming Consumer Financial Services?

The financial services landscape is experiencing a seismic shift, thanks to the rise of embedded finance. At its core, embedded finance refers to the integration of financial products and services into non-financial platforms and ecosystems. This transformation is not only streamlining how consumers access financial services but is also reshaping their expectations and interactions with financial institutions. As technology continues

August 21, 2024

Digital Lending / Digital Payments

How Is YouSet Revolutionizing Insurance Shopping with Tech?

YouSet, a Canadian startup founded in 2017, has been making waves in the insurance sector by simplifying the way consumers shop for insurance. With its recent $3.5 million oversubscribed seed funding round, the company is set to accelerate its growth and continue its trajectory of innovation. This article explores how YouSet is transforming the insurance landscape, the technologies driving this

August 21, 2024

Digital Lending / Digital Payments

Can SeerBit and Kuda Transform Online Payments in Nigeria?

In a rapidly evolving digital landscape, the partnership between SeerBit, a Pan-African payment solutions provider, and Kuda, a digital bank, could be a game-changer for online payments in Nigeria. Targeting improved financial inclusivity and secure transaction environments, this collaboration introduces a promising new dynamic. Let’s delve into the specifics of this venture and its prospective impact. Partnership Overview SeerBit: Simplifying

August 21, 2024

FinTech Insurance

Is Insurtech in Southeast Asia Ready for Sustainable Growth?

The Southeast Asian Insurtech sector has been evolving rapidly. It presents remarkable potential amid a global backdrop of macroeconomic and geopolitical uncertainties. Recent trends reveal a surge in deal values, with a significant focus on profitability, innovation, and customer-centricity emerging as critical drivers. Let’s explore whether Insurtech in Southeast Asia is ready for sustainable growth. Unprecedented Surge in Deal Value

August 21, 2024

Fintech Blockchain

AI Poised to Revolutionize Financial Crisis Forecasting and Management

Artificial Intelligence (AI) continues to push the boundaries of various industries, and the financial sector is no exception. With its unparalleled ability to analyze large datasets and detect nuanced patterns, AI offers unprecedented advancements in forecasting financial crises and enhancing risk management. As the world grows increasingly interconnected and the financial landscape becomes more complex, AI’s role in ensuring economic

August 21, 2024

Digital Wealth Management

Vanilla Raises $66M to Enhance AI-Powered Estate Planning Platform

In a substantial stride towards revolutionizing the estate planning sector, Vanilla, a leading estate planning software company, has successfully secured $66 million in funding. The sizable investment was spearheaded by returning investor Insight Partners, along with notable contributions from other heavyweights such as Venrock, Vanguard, Edward Jones Ventures, and Alumni Ventures. This significant financial injection demonstrates robust investor confidence in

August 21, 2024

Digital Lending / Digital Payments

TerraPay Launches Council to Enable Global Wallet Interoperability

In a bold step to redefine the landscape of digital payments, TerraPay has inaugurated the "Wallet Interoperability Council." This initiative sees collaboration between TerraPay and five leading digital wallet operators: Airtel, bKash, MPESA, Nequi, and Sama Money. Aimed at enhancing interoperability for cross-border transactions, this Council has the potential to reshape how digital wallets operate on a global scale. The

August 20, 2024

E-Commerce

How Will Flutterwave and Amex Partnership Impact African E-Commerce?

The recent collaboration between Flutterwave, Africa’s acclaimed payment technology leader, and American Express marks a significant milestone in the African digital payments landscape. This innovative partnership aims to revolutionize e-commerce by expanding the accessibility and variety of payment options available to both merchants and consumers across the continent. Through this article, we explore how this dynamic alliance is poised to

August 20, 2024

Digital Lending / Digital Payments

Egypt Launches Touch Card for Visually Impaired in NBE and Mastercard Collaboration

In a groundbreaking move to enhance financial inclusion and accessibility, the National Bank of Egypt (NBE) has partnered with Mastercard to introduce the Touch Card. This innovative payment solution is specifically designed to cater to the needs of visually impaired and partially sighted individuals, marking a significant milestone in Egypt’s journey toward inclusivity. The announcement comes as a testament to

August 20, 2024

Cloud

AI Drives Cloud Investments as Indian Markets Show Resilience

The ongoing evolution of the financial landscape is characterized by dynamic shifts in stock performances, commodity prices, and investment trends. This article delves into the Indian stock market’s top performers and laggards, explores the latest commodity rates, and sheds light on how artificial intelligence (AI) is propelling cloud investments. Broader market dynamics, including easing US recession fears, are also discussed

August 20, 2024