02/04/2021
Embracing Digital in 2021
The technology research firm, Celent further bore this out in its Wealth Management Technology Forecast 2020-2023.
FinTech
02/04/2021
BNY Mellon Examines the Key Technologies and Initiatives Shaping the Future of Payments
The reports highlight that innovations in payments and digital currencies will ultimately allow banks to make domestic and cross-border transactions faster, more frictionless, efficient, transparent and cost-effective
02/03/2021
BBVA pumps further $150 million into fintech venture fund Propel
BBVA is to invest as much as $150 million in its independent fintech venture fund Propel, bringing its total commitment to over $400 million.
02/03/2021
VEON Partners with Mastercard, Co-CEO Elaborates Deal’s Importance
The company is expecting to scale its business line with the partnership.
02/03/2021
Axoni raises $31 million in Deutsche Bank and UBS funding round
The firm has raised $90 million since its inception, with Deutsche Bank, UBS, and Intel Capital now joining existing investors including Citi, Goldman Sachs and JP Morgan.
02/03/2021
French firm expands global tech range with new SRI fund
Tocqueville Finance unveils new global equity strategy to leverage SRI in tech sectors.
02/02/2021
Santander CIB forms dedicated digital solutions team
The new team will also develop value-added products and services, both in-house and in partnership with new entrants, in a moment where customer expectations and emerging technologies are accelerating the creation of new financial technology players.
02/02/2021
Dutch central bank grants ibanXS PSD2 license
ibanXS is the fully operational pan-European PSD2 Open Banking platform with connections to more than 1.500 European banks in 22 countries.
02/02/2021
Barclays data: 2020 highest ever year for scams
The use of fear and intimidation is a powerful tactic, making impersonation scams the most commonly recorded scam by volume (22 per cent) for Barclays in 2020.
02/02/2021
Profile Vote: New Digital Voting Platform launched successfully with real-life testing
‘Profile Vote’ is a pioneering voting system that comprehensively supports voting across various disciplines.
01/29/2021
Commerzbank to significantly increase profitability through deep restructuring and comprehensive digitalisation
Sustainability will play an even more central role across all business activities going forward.
01/29/2021
Bitcoin may 'break down altogether' - BIS chief
These stablecoins may have some specific use cases but need to be heavily regulated and supervised and to be built on the "foundations and trust provided by existing central banks".
01/29/2021
Refinitiv Wealth Management Report – ‘Redefining Investor Data Needs’ – Highlights the Growing Needs of Self-directed and Advisory Clients
The study finds that self-directed and advisory clients’ needs are rapidly changing.
01/29/2021
Forrester report reveals top emerging technologies in banking in 2021
Banks, cites the report, are set to bet big on "hot" technology investments such as CX and openness
01/29/2021
London Stock Exchange completes acquisition of Refinitiv
LSEG is focused on delivering the benefits of the transaction helping customers to access data, trading tools, analytics and risk management across the financial markets
01/28/2021
BlackRock-backed robo-adviser to close UK consumer platform
Scalable is one of the largest of a group of so-called robo-advisers in Europe which offer wealth management tools online and at relatively low cost.
01/28/2021
JPMorgan steps up pressure on Goldman Sachs with launch of new U.K. digital bank
The Wall Street lender will face stiff competition from U.K. startups like Monzo and Starling
01/28/2021
SEI Reports Fourth-Quarter 2020 Financial Results
SEI Investments Company today announced financial results for the fourth-quarter 2020
01/28/2021
Scalable Capital latest robo to shut UK wealth business
The EU-headquartered robo-adviser is closing its UK wealth arm.
01/28/2021
Digitising the Investment Proposal Process
Van Lanschot Kempen further digitises its investment advisory business in the Private Bank by introducing Objectway’s component for Digital Investment Proposals.