Tagged: pwc

UK Law Firms Cite Macroeconomic Volatility as Major Concern, but Remain Focused Growth Strategy – Report

UK law firms have cited macroeconomic volatility as their greatest concern, but this has not impacted growth ambitions, with 100% and 93% of Top 100 firms expecting to increase revenue and profits respectively in the next year (by an average of 9.3% for revenue and… Read More

PwC Germany, FloQast to Enhance Financial Close Solutions

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced today a strategic consulting partnership with PwC Germany, a global firm focused on assurance, advisory, and tax services. This collaboration aims to transform financial close processes “for businesses across German-speaking countries… Read More

PwC Announces Agreement with Amazon Web Services (AWS) with Aim to Deliver $800M of Value to Clients

PwC announced a three-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) in order “to accelerate innovation, improve operational efficiency and transform the way business is done.” This SCA enhances PwC’s strong expertise in “using cloud to power business, strengthening its ability to… Read More

Digital Asset Platform TOKO Signs Agreement with PwC Hong Kong

TOKO, headquartered in Dubai with offices in Hong Kong, is a digital asset creation platform, created in collaboration with DLA Piper and operating within an unparalleled regulatory framework, signs joint business relationship with PwC Hong Kong in order “to offer Blockchain solutions to PwC’s global… Read More

Stablecoins: Societe Generale–FORGE (SG-FORGE) Launches Digital Asset that Purports to Maintain a Stable Value

Societe Generale–FORGE (SG-FORGE), a “fully” integrated and regulated subsidiary of Societe Generale group dedicated to digital assets, launches the EUR CoinVertible, a digital asset that purports to maintain a stable value (stablecoin). EUR CoinVertible is “deployed in Euro denomination on the Ethereum public blockchain (ticker… Read More

PwC Hong Kong Signs Agreement with Metaverse Dev TerraZero Technologies

PwC Hong Kong announces the signing of a collaboration agreement with TerraZero Technologies, Inc. With offices in Vancouver and Los Angeles, TerraZero brings together specialists and entrepreneurs “from blockchain, web3, design, programming, entertainment, marketing and finance backgrounds.” PwC and TerraZero are “devising a go-to-market strategy… Read More

Sustainable Finance Provider ecolytiq Receives Investment from Visa, Others

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

KPMG, PWC Exit Russia, Belarus

Two of the largest consulting/accounting firms in the world have cut ties with Russia due to the country’s unprovoked war with Ukraine. KPMG, which also announced it would stop interaction with Belarus – a staunch Russian ally and launch spot for much the military action… Read More

Former NAB and PwC Exec Joins CrowdProperty Australia to Lead Investment Growth

Diana Shoolman, former head of professional services at NAB, and former director at PwC and Deloitte, has joined Fintech CrowdProperty Australia to serve as its director of strategic partnerships, in order to spearhead the firm’s growth of wholesale, sophisticated, and institutional investors. This appointment is… Read More

Vottun to Create Payment Service via Spanish Regulatory Sandbox with Assistance from PwC, Stellar Development Foundation

Earlier this year, the Central Bank of Spain (BdE), the Monetary Authority of Spain (Comisión Nacional de Mercados y Valores – CNMV), and Directorate-General for Insurance and Pension Funds (DGSFP) had revealed that that Spanish firm Vottun had been chosen to take part in the… Read More

PwC and Regtech CUBE To Streamline Regulatory Compliance Management

Compliance in financial services will be drastically improved by leveraging innovative technology-based assessments which draw on regulatory data from around 180 jurisdictions, as part of a collaboration between Big Four auditing firm PwC and Regtech CUBE. PricewaterhouseCoopers (PwC) Switzerland, PwC UK and London‘s CUBE will… Read More

UK Digital Bank Starling Acquires Buy-to-Let Specialist Mortgage Lender, Fleet Mortgages

UK-based digital bank Starling has confirmed the acquisition of specialist buy-to-let mortgage lender Fleet Mortgages as part of a £50 million cash and share deal. Fleet Mortgages, based in Hampshire, focuses on offering mortgages to professional and semi-professional buy-to-let landlords, “only via mortgage adviser distribution… Read More

Digital Asset Hedge Funds Surge from $2B in 2019 to $3.8B in 2020, with 184% Increase in Median Performance: Report

During 2020, crypto-asset hedge funds almost doubled to reach an all-time record as the nascent industry continued to deliver a solid overall performance. As part of the recent Bitcoin (BTC), Ethereum (ETH), and wider digital currency market bull run, total assets under management (AUM) of… Read More

Bitcoin Mining Operators in N. America Agree in Meeting with Elon Musk to Form Council to Promote Energy Usage Transparency

Michael Saylor, Founder at CEO at MicroStrategy (NASDAQ: MSTR), a business intelligence firm that has invested heavily in Bitcoin (BTC) in order to strengthen its corporate treasury, has revealed that he recently hosted a meeting between Telsa and SpaceX CEO Elon Musk and the leading… Read More

Leading UK Fintech Firms Now Working with PwC to Streamline Digital Financial Services with AI, Data Analytics

Ten of the United Kingdom’s leading Fintech companies are now working with Big Four auditing firm PwC in order to showcase how the future of banking will focus on both collaboration and innovation, along with greater personalization. After 3 years of ongoing development, the 10… Read More

Majority of ASEAN Region Fintech Firms are Planning to Raise Additional Funds while Expanding Operations in 2021: Report

Four in five or 80% of Fintech companies in the ASEAN region are focused on expanding their operations following the COVID-19 outbreak. ASEAN member countries include Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam. A report from UOB, PwC… Read More

Singapore based Financial Technology Firms Secured the Most Funding Compared to All Other ASEAN Region Fintechs: Report

Singapore has managed to attract the highest total funding amount (at 42%) in the ASEAN region – which includes other major Southeast Asian economies such as Indonesia, Malaysia, Thailand, Vietnam, the Philippines, among others. Overall investor interest in Singapore’s Fintech companies continues to remain quite… Read More

Australian Neobank Xinja Is Working on Finalizing $433 Million Investment Deal from Dubai’s World Investment Group

Australian neo-bank Xinja recently noted that it’s working cooperatively with Dubai’s World Investment Group (WIG) in order to close the $433 million investment deal that was announced in March 2020. At present, the bank is working with auditors so that they can address concerns regarding… Read More

Henri Arslanian from PwC Reveals that Crypto M&A in H1 2020 Surpassed Total from 2019, Average Deal Size Increased from $19.2m to $45.9m

Henri Arslanian, the Crypto Leader at PwC Global, says that there’s never a dull moment in the crypto and blockchain space. Arslanian, who’s also a keynote speaker and best-selling author, notes that PayPal recently announced that it will be allowing its customers to buy, hold… Read More

Digital Transformation in Qatar has Accelerated due to COVID-19, with Banks Investing More in Fintech Solutions

Fintech firms in Qatar are focused on improving the customer experience by providing more accessible financial services. Fintech solutions providers are helping with enabling greater financial inclusion, lower operational costs, and offering better security for applications, according to Burak Zatiturk, the Financial Services Leader at… Read More

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