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ivendPay Launches the World’s First Cryptocurrency Payment Technology via NFC

NEW YORK, NY, Nov. 27, 2023 (GLOBE NEWSWIRE) — Marking a new era in the world of digital payments, ivendPay (http://ivendpay.com) proudly presents the world’s first cryptocurrency payment technology via…

LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance

State-owned LIC, promoter of IDBI Bank, has said it plans to retain a part of its stake in the lender to harness the benefits of the bancassurance. Along with the government, Life Insurance Corporation…

Standard Chartered appoints Daniel Furer as Head of Discretionary Portfolio Management & Asset Allocation

29 November 2023, Singapore – Standard Chartered (“the Bank”) has appointed Daniel Furer as Head of Discretionary Portfolio Management & Asset Allocation. He joins the Bank today and reports to…

ESG fund managers who bet big on tech are worried about blowback from ‘AI systems going rogue’—and talking about a ‘kill switch’

Exposure to AI now represents a “short-term risk to investors,” said Marcel Stotzel, a London-based portfolio manager at Fidelity International. Stotzel said he’s “worried we’ll get an AI blowback,” which he…

BNP Paribas Cardif buys 51% of ICCREA’s insurance arm

MILAN, Nov 27 (Reuters) – BNP Paribas Cardif has bought a majority stake in the insurance arm of Italy’s BCC ICCREA under an agreement that will enable it to sell…

Baker McKenzie advises on world`s first cross-border repo and natively-issued digital bond pilot as part of MAS’ Project Guardian

23 November 2023– An international Baker McKenzie team, consisting of Baker McKenzie Wong & Leow (the Singapore member firm of Baker McKenzie), Baker McKenzie Switzerland and Baker McKenzie Japan acted…

Here’s How Families Worth $50M+ Are Passing on Their Generational Wealth

We are in the midst of the “great wealth transfer” — over the next decade, $84 trillion in assets will be handed down to millennials and members of Generation X….

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Navigating the generational shift in insurance: the rise of new talent

The insurance industry is in the middle of a significant transformation: the retirement of the baby boomer generation. Baby boomers have been essential in shaping the insurance industry, providing years…

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ZA Bank receives regulatory approval to prepare for U.S. stock trading service launch

Hong Kong, 23 November 2023 — ZA Bank, Asia’s Top Mobile Banking App1 and Hong Kong’s Virtual Bank of the Year – Consumer2, today announced that the Hong Kong Securities…

Exclusive Interview with Gabriel Lazaro, Senior Vice President, Head of Digital for Overseas General Insurance, Chubb: Our approach to B2B2C partnerships is built on a combination of art, science and technology with a deep understanding of CX and PX needs and expectations.

TDB: What was the thinking behind the launch of the new B2B2C Developer Portal by Chubb Studio? Gabriel Lazaro, Senior Vice President, Head of Digital for Overseas General Insurance, Chubb:…

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                  The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

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                  Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

                  Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

                  The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

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