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

Ex-banking technology professionals are preparing secretive company launches

Tomer Sharon was a Goldman Sachs' managing director and head of user research and metrics for two years until sometime in 2020.

Succession Wealth teams up with tech company

In a bid to tackle ‘one of the biggest challenges for adviser firms’

Uphold to launch crypto card in Europe

"These attributes will shortly allow us to issue multi-asset, crypto-enabled debit cards across the UK and Europe."

Singapore Fintech TranSwap Ventures to U.K.

TranSwap called the U.K. a «pivotal market» to accelerate the firm's next phase of expansion.

Avaloq crowned ‘Best Transaction Processing Solution’ provider

For the 2021 programme, the award’s judges commented on the strength of Avaloq’s submission, highlighting the evidence the firm provided on reversals and efficiency as well as the emphasis on the importance of both data integrity and speed.

First Trust overhauls investment objective on smart beta ETFs

Its top ten holdings include Lenovo Group, Sony Corporation and Taiwan Semiconductor Manufacturing Company, and it is available for a total expense ratio (TER) of 0.7%.

Embracing Digital in 2021

The technology research firm, Celent further bore this out in its Wealth Management Technology Forecast 2020-2023.

BNY Mellon Examines the Key Technologies and Initiatives Shaping the Future of Payments

The reports highlight that innovations in payments and digital currencies will ultimately allow banks to make domestic and cross-border transactions faster, more frictionless, efficient, transparent and cost-effective

BBVA pumps further $150 million into fintech venture fund Propel

BBVA is to invest as much as $150 million in its independent fintech venture fund Propel, bringing its total commitment to over $400 million.

VEON Partners with Mastercard, Co-CEO Elaborates Deal’s Importance

The company is expecting to scale its business line with the partnership.

Axoni raises $31 million in Deutsche Bank and UBS funding round

The firm has raised $90 million since its inception, with Deutsche Bank, UBS, and Intel Capital now joining existing investors including Citi, Goldman Sachs and JP Morgan.

French firm expands global tech range with new SRI fund

Tocqueville Finance unveils new global equity strategy to leverage SRI in tech sectors.

Santander CIB forms dedicated digital solutions team

The new team will also develop value-added products and services, both in-house and in partnership with new entrants, in a moment where customer expectations and emerging technologies are accelerating the creation of new financial technology players.

Dutch central bank grants ibanXS PSD2 license

ibanXS is the fully operational pan-European PSD2 Open Banking platform with connections to more than 1.500 European banks in 22 countries.

Barclays data: 2020 highest ever year for scams

The use of fear and intimidation is a powerful tactic, making impersonation scams the most commonly recorded scam by volume (22 per cent) for Barclays in 2020.

Profile Vote: New Digital Voting Platform launched successfully with real-life testing

‘Profile Vote’ is a pioneering voting system that comprehensively supports voting across various disciplines.

Commerzbank to significantly increase profitability through deep restructuring and comprehensive digitalisation

Sustainability will play an even more central role across all business activities going forward.

Bitcoin may 'break down altogether' - BIS chief

These stablecoins may have some specific use cases but need to be heavily regulated and supervised and to be built on the "foundations and trust provided by existing central banks".

Refinitiv Wealth Management Report – ‘Redefining Investor Data Needs’ – Highlights the Growing Needs of Self-directed and Advisory Clients

The study finds that self-directed and advisory clients’ needs are rapidly changing.

Forrester report reveals top emerging technologies in banking in 2021

Banks, cites the report, are set to bet big on "hot" technology investments such as CX and openness

FinTech