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

EU takes lead on AI laws

Netflix’s stalling growth, UiPath IPO, Apple ransomware attack

France becomes first EU country to introduce a digital travel certificate

French citizens who have taken a Covid test will now receive a text or email from the lab with a document featuring a QR code, which can be scanned to upload test results (both PCR and antigen) directly to the app.

Banks enhance UX by accelerating investment in digital technologies

Industry analysts predict the pandemic will only help these new, digital trends become a reality faster.

Banca Sella and Workinvoice form open banking partnership

The collaboration between Banca Sella and Workinvoice will provide the bank’s corporate customers with customer centric convenient solutions to finance their working capital.

Banco Santander migrates 60% of IT infrastructure to the Cloud

Santander is also using cloud to support the development of its most disruptive payment services with PagoNxt, a new, autonomous cloud-native company the bank has created.

IntellectEU launches AI platform for 'hyper-personalisation' in wealth management

Traditional asset managers aim for a minimum capital requirement of 200,000 to 300,000 euros for which personalized investment advice is provided.

Aegon Asset Management selects Clearwater SaaS

Clearwater’s solution will help Aegon AM streamline their data, investment accounting and reporting globally.

HSBC adds live chat to robo-advice platform

Live chat will be available Monday to Friday from 8am-8pm, and Saturday and Sunday from 9am-5pm.

Tales From The Crypto

Are cryptocurrencies finally moving from fad to fundamental asset type? We take a look at why you might want to get involved, and the risks to steer clear of.

London-based wealthtech Bite Investments bags funding for its alternative investment platform

“It is a testimony to how the financial industry and investor community are gravitating toward alternative investment opportunities, as well as digitalisation and its transformative value.”

Transact posts highest-ever quarterly inflows

Compared with our second quarter last year, our previous highest, gross inflows increased 27 per cent.

EU Banking Trade Group Presses The Issue On Instant Payments

The European Payments Council (EPC) is a nonprofit organization that advocates for banks as they integrate new payments technology and other issues

FNZ loses appeal over CMA decision to block merger with GBST

FNZ has failed to convince the Competition and Markets Authority to reverse its order that it must sell off rival investment platform GBST following an appeals tribunal hearing.

City of London calls for 'paradigm shift' in tech at banks

RegTech refers to the emerging use of technology to streamline and cut compliance costs at financial firms, such as for reporting data on market transactions to regulators and spotting crime.

Contemi Solutions Joins Managing General Agents’ Association to Empower MGAS with its Digital Capabilities

As the MGAs prepare to respond to the new market demands and opportunities, they are challenged with the limitations of their existing processes, legacy systems, and high costs.

City of London calls for ‘paradigm shift’ in tech at banks

“We are calling for more to be done to support the sector to grow and thrive, strengthening London’s global competitive offer and benefiting the wider UK economy,”

AutoRek to take a bite out of the Big Apple with virtual trade mission

The aim of the trade mission is to establish international partnerships with the opportunity to explore joint ventures, distribution deals and other mutually beneficial practices.

Introducing The Irish AML Regime For Crypto Providers

This update highlights the key requirements which will apply to VASPs and the new registration requirement.

TSB launches bill management and utility switching service

With the pilot demonstrating that customers can save significant sums, TSB is now rolling out the feature to customers.

SocGen issues structured product as security token on public blockchain

Societe Generale has issued the first structured product as a security token directly registered on the Tezos public blockchain.

FinTech