08/10/2020
UK SME Lender Funding Circle Is Reevaluating whether to Leverage Open Banking to Improve Customer Experience
She noted that they had concerns about the coverage and accuracy of data obtained via Open Banking.
FinTech
08/07/2020
The Next Evolution of Wealthtech Integrations
The rise of robo-advisors in the mid-2010s helped accelerate this trend.
08/05/2020
First Swiss State-Run Bank, Basler Kantonalbank (BKB), Set to Debut Crypto Trading and Custodial Services
Switzerland’s SIX exchange has also played an instrumental role in boosting crypto activity within the country’s financial ecosystem.
08/05/2020
Personal wealth management with the speed and affordability of robo-advice? Can Barclays new Plan & Invest service justify fees that outstrip its digital rivals
A spokesperson said: 'Whilst there are numerous wealth management firms who offer tailored, face-to-face advice and a handful of good robo-advice providers, there’s very little support in between.
07/31/2020
Nutmeg introduces Open Banking payments
Open Banking payments use banks’ APIs to initiate a transfer from one account to another.
07/31/2020
Uzbekistan’s People’s Bank selects Finastra to transform risk management business
Fusion Risk will integrate with bank’s core banking system and automate processes whilst enabling the bank to comply with Uzbek and global regulations
07/31/2020
Metro taps Wipro for IT transformation
Among the tools Wipro will bring to the table are its AI-based IT wellness platform, intelligent test automation offering, and DevSecOps platform.
07/29/2020
SS&C Technologies Earnings and Revenues Beat Estimates
The past five months has presented unique challenges, both professionally and personally
07/29/2020
Wealth Managers Name Greenfield Digital Banking as Top Innovation Strategy
Building a greenfield fintech company ranked fourth, with about 17% of global banking executives pursuing the strategy.
07/29/2020
UBL (Switzerland) selects OLYMPIC Banking System
The bank has decided to use the SaaS solution from the OLYMPIC Banking System deployed with ERI’s outsourcing partner ITpoint Systems AG.
07/29/2020
IBM Report: Compromised Employee Accounts Led to Most Expensive Data Breaches Over Past Year
Customer Personal Data Exposed in 80% of Breaches Analyzed; AI and Automation Significantly Reduce Costs
07/28/2020
FMS.next enriched for full automation in the loan origination and microlending process
The solution is already used by established European companies that enjoy the benefits derived from a complete offering.
07/28/2020
Broadridge's Fi360 Launches Remote Proctoring, Enabling Online Certifications for Financial Advisors
The remote proctoring solution seamlessly interfaces with Fi360's existing designation exam, creating an easy, intuitive user experience for each advisor.
07/28/2020
UK enforcement regime for platforms for business announced: what you need to know
UK businesses have been working towards compliance but without knowing what the sanctions are for breach of the regulation, until now.
07/27/2020
Visa announces support for cryptocurrencies
Visa’s outlook on new digital currency payment flows
07/27/2020
KBC Bank Launches Smart Investment Assistant Matti from Bolero, Supported by Objectway
Objectway provided portfolio management, rebalancing and proposal generation capabilities in an ‘as-an-engine’ model towards Matti, the smart investment assistant of Bolero, KBC’s online retail broker.
07/27/2020
Bitcoin Suisse Raised $50M To Enhance Current Operations And Launch An STO
Cryptocurrency service company Bitcoin Suisse has raised $48 million in a Series A funding round led by former Head of Investments at the private bank Vontobel.
07/27/2020
Davies expands captive management portfolio with third acquisition of 2020
Once re-branded, the newly purchased business will become part of Davies’s insurance services practice
07/24/2020
BNP Paribas joins as anchor client for IBM’s CFS in Europe
The framework offers streamlined compliance controls to enterprises with common operational criteria. It allows financial institutions to run key applications and workloads.
07/23/2020
New survey shows nine in ten affluent Spanish consumers trust banking offers from other European countries
Raisin Spain asked over 600 affluent Spanish consumers (with net monthly income above €2000) about their saving habits and preferences, as well as how they gain knowledge about the market and what information they’re missing.