11/22/2017
Robo-advice revolution comes at a cost
Nutmeg now manages £1bn of investor cash, but robos face growing competition
FinTech
11/22/2017
Raiffeisen Bank International is first Austrian bank to join R3 global network
In its work with R3, RBI will focus on cash and payment services, capital markets, digital identity, securities services and trade finance.
11/21/2017
Bitcoin hits record high after smashing through $8,000 for first time
An eye-watering eightfold increase in the value of the volatile cryptocurrency since the start of the year has led to muliple warnings that the market is in a bubble, and institutional investors are broadly staying away.
11/21/2017
Apple Pay in first deal with major French bank
Apple Pay has wooed a group of savings banks plus the start-up online bank created by the telecoms group Orange.
11/21/2017
EY expands European teams’ presence to advance blockchain development worldwide
The European expansion is an integral part of the EY continued focus on supporting companies worldwide to use disruptive technologies like blockchain to transform their businesses.
11/21/2017
NatWest, RBS and Ulster Bank hit by online banking issues
The banks say there aren’t any issues with their mobile apps.
11/20/2017
Top hedge fund AQR leads the way as blockchain comes of age
The quantitative giant is researching the use of the technology behind bitcoin — but hedge funds have been slower to embrace it than banks
11/20/2017
ABN Amro joins API rush with developer portal
ABN Amro says it is “the first major bank in the Netherlands to provide access to a Developer Portal and specifically ask the outside world to become partners in its innovations”.
11/20/2017
Avaloq wins Top Prize for Innovation at 2017 ‘Banque & Innovation’ Fair
The awards ceremony was part of the 2017 ‘Banque & Innovation’ fair that was recently held in Paris.
11/19/2017
RBS to launch robo-advice proposition
The Royal Bank of Scotland (RBS) is preparing to launch a robo-advice service for more than five million customers.
11/17/2017
Start-up Launched by Former UBS Tech Head
He rose within the ranks of the investment bank.
11/17/2017
SAP Sees Margins Flattening Out In Fourth Quarter
SAP has invested heavily to shift its business to the cloud.
11/16/2017
Trends and innovation in Luxembourg fund services
When appointing a counterparty to provide fund administration services, a fund manager doesn't want to have to appoint several other counterparties.
11/14/2017
Royal London e-signature to slash underwriting times
It can take 18 days on average for a traditional paper claim form to be completed and returned to us.
11/13/2017
Orange Bank goes live with Backbase banking platform
In terms of the new bank, customers can subscribe directly from the mobile application, online or in one of Orange’s 140 certified stores.
11/13/2017
AML BitCoin Gains Rapport in the UK
A number of nations throughout the world have recently moved against anonymous digital currency, such as Bitcoin, for fear that their anonymity promotes entry by criminal and terrorist elements into otherwise protected financial systems.
11/13/2017
Brazilian banks lead in artificial intelligence planning
The number of institutions that see AI as important to their strategies is higher than other countries - but number of real case studies is still small.
11/10/2017
Hermes Selects Red Deer’s MiFID II solution
The added advantage of preventing inducement across the firm.
11/10/2017
Ex-UBS Man Launches Crypto-Based Boutique
Ex-UBS Bankers Launch Wealth Boutique
11/09/2017
BNP Paribas launches WeChat Pay in Europe
WeChat opened an office in London earlier this year and began talks with major European luxury and fashion brands and payments institutions to accommodate the brand at the checkout.