Canada’s Hydrogenics, a developer and manufacturer of hydrogen generation and power systems, said that its chief financial officer (CFO), Jennifer Barber, has resigned effective 8 November to pursue a senior finance position with another large Canadian public organisation.
An external search has been initiated for a new CFO. Kelly Frizzell, Hydrogenics’ director of finance and corporate controller, has been appointed as acting CFO and will serve in this capacity until a new CFO has been selected.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.