- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Banking supervision priorities for 2021

Corporate governance will remain high on the agenda, with the MFSA seeking to add fresh impetus to suitability and board effectiveness assessments.

Cyber crime has cost Russia $49 bln in 2020, Sberbank says

Russia has encouraged its citizens to switch to bank cards and limit cash use to try to crack down on the shadow economy

“I Sold Half My Bitcoin Holdings Over Christmas": deVere CEO

The value of all Bitcoin in circulation is now around $452 billion.

Italy's Gellify seeks Middle East start-ups with fund that could hit $50m

B2B software start-up focused accelerator and investor says it plans to recruit up to 30 regional businesses

Lloyds Banking Group and Fintech Scotland to Support High-Potential Startups and Early-Stage Businesses

The Lloyds Banking Group will be working cooperatively with Fintech Scotland in order to support the country’s high-potential startups and early-stage businesses.

Swiss digital asset bank Seba completes capital raise

SEBA Bank will tokenise its shares of the Series B fundraising soon after the blockchain law will come into force in Switzerland.

Platform's tech predicts client exits for advisers

“The machine has all the information and simulations and so can register that it looks like someone is going to close their account.”

Italian banks rally round digital euro

The first work area will be carried out in collaboration with SIA

Avaloq’s acquisition by NEC successfully completed

Avaloq and NEC will be placing great emphasis on building a strong long-term relationship.

Zoho’s 2021 finance trends predicts surge in cloud-based and AI-driven accounting

Ganti also predicted that AI will play a major role in the reconciliation process in 2021.

Nucleus Software upgrade introduces BNPL capabilities

To improve convenience and provide 24x7 contactless operations, customers can now complete loan service requests through smart watches, fitness trackers and WhatsApp-based Chatbots.

The UK is the perfect “sandbox” for Fintech companies

Coupled with the fact that such technologies are rarely fully formed when first introduced to a marketplace, it can be exceptionally time consuming for new entrants to the industry to secure approval from the relevant regulators.

Gazprombank (Switzerland) and Avaloq win the Most Innovative Project in the use of Blockchain in Banking

This is the 11th accolade or industry citation to be won by Avaloq in 2020, having recently been named Best Transaction Processing Solution provider at the WealthBriefing European Awards 2020.

4 exciting Swiss FinTech companies disrupting the financial space

The integration will leverage TrueLayer’s Data and Payment APIs for enabling Numbrs’ users to combine their external bank accounts in one place.

Digital transformation in investment management: Adapt or adopt?

There are two fundamental approaches organisations often consider when they are facing the challenges of an underperforming system.

Indigita & ERI Bancaire integrate automatic cross-border controls

The integrated solution can be applied to the various modules of the OLYMPIC Banking System and its rule engine functions with standard and customised country manuals.

Dutch account-to-account payment network iDeal undergoes overhaul, appoints new CEO

As of February 2021, Daniel van Delft will lead Currence and the transformation of iDEAL as the new CEO.

Why Middle East investors should consider Northern Ireland’s fintech sector

The fintech sector is booming – supported in part by the Covid-19 pandemic – and Northern Ireland offers regional businesses a great platform for growth

UK fintech GoCardless raises $95m funding

Funding round led by Bain Capital Ventures will fuel open banking strategy, accelerating delivery of next-generation bank-to-bank payments

UK fintech GoCardless raises $95m funding

GoCardless will use the funding to accelerate its open banking strategy, combining the latest technology with its global bank debit network.