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

Fidelity Digital Assets more than quadruples revenue across UK business

Strong client demand and foreign exchange gains helped boost revenue at the UK digital assets business by more than 300% last year

What does AI think about AI in private banking?

PBI asked ChatGPT what it thought about the future of AI in private banking.

C. Hoare & Co. adopts Integral’s SaaS FX technology solution

The FX technology solution from Integral delivers advanced liquidity aggregation, a fully customisable pricing engine, and simple API integration.

Cyber crime 'will cost businesses $8 trillion this year' says Grant Thornton

“Cyber threats have escalated significantly in recent years and will continue to do so,” according to Mike Harris, cyber and forensics partner at Grant Thornton.

AI’s infrastructure points to a first phase of monetising

The development of artificial intelligence (AI), which depends on increasingly sophisticated computer chips, is only intensifying the stakes.

Third Financial records growth and deals for its platform

Third Financial, an investment platform, reports the addition of three new business wins in the first four months of 2023.

Is artificial intelligence under- or overestimated?

The key feature was a presentation by Samuel Widmann, who was instrumental in Google’s success as the co-founder and driving force behind Google Maps.

Mitigating the risks of GPTs in wealth management

From composing emails in business to writing content articles, the common perception is that GPT technology is here to replace humans.

BNP Paribas and NatWest go live on United Fintech’s CobaltFX

Going live with CobaltFX will allow the banks to manage credit exposures for their respective financial institutions and tackle onerous manual processes as well as broaden market access and control.

UK SPAC eyes £1.8m IPO in London

Ashington Innovation

EBAday 2023: EU and UK as global leaders in AI regulation

The opportunity and the potential risks presented by the technology continues to dominate headlines.

Natwest acquires majority shareholding in Cushon for £144m

Cushon co-founder and CEO, Ben Pollard, added: “This is the next exciting chapter for a great British fintech as we join forces with a great British bank.

In-house legal teams can help cyber security leaders combat burnout

The survey suggested that, although cyber security had not been considered a priority for many businesses in the years leading up to the Covid-19 pandemic

KPMG UK and MindBridge partner to bring AI technology to auditing

With growing public interest in the use of AI technologies, the alliance aims to act as a world-leading example of how to design, build and apply the powerful capability of AI

CaixaBank co-develops prototype for a personal payments wallet using the digital euro

CaixaBank is the only bank selected to participate in this initiative.

Facephi secures UK certification

British and Irish citizens carrying out work or rental transactions in the UK can thus validate their official documentation digitally and with total security using Facephi's solutions.

Avaloq’s APAC & MEA Head Highlights How the Firm is Grasping the Immense Growth Potential Ahead

Avaloq prides itself on providing fully integrated banking software solutions that cover the front, middle and back office of private banks and wealth managers.

Digital euro could smoothly integrate into payments landscape - Nexi

While a final decision on issuing a digital euro has yet to be made, the ECB has been busy investigating options ahead of a potential launch, which would come in 2026 at the earliest.

PensionBee adopts ViaNova transfer standards for pension consolidation

The use of open standards gives users permission to copy, distribute and use technology freely or at a low cost to improve the experience of consumers.

Cyprus Credit Union picks Eltropy for digital conversations platform

Each of these strategic investments will enhance member and staff banking experiences across the enterprise.

FinTech