01/02/2020
Google says it will no longer use 'Double Irish, Dutch sandwich' tax loophole
Technique allowed the tech giant to delay paying US taxes on international earnings for years, and pay a lower tax rate overseas
FinTech
01/02/2020
Deutsche Bank to launch 'Motion Code' card in Spain
Other European banks to have tried out dynamic CVC technology include SocGen, BNP Paribas, and BPCE.
01/02/2020
Website problem hits Bank of Scotland customers
It added that staff were working on the problem and they hoped to have it "back to normal soon".
12/30/2019
Digital bank Monzo seeks £50-100m investment
Its app-based banking system that enables customers to easily move money between accounts, has proved popular with British millennials.
12/30/2019
Castle Hall launches free ADV monitoring of 19,000 asset managers
Fintech and Regtech solutions are now a must
12/30/2019
LEBC enters 'bionic advice' with app launch
Bionic Advice is the concept devised by LEBC Chief Executive, Jack McVitie, who identified the need to provide an affordable service to consumers by combining access to human advisers with technology.
12/29/2019
Five Countries Where Crypto Regulation Changed the Most in 2019
“Some countries now consider them legal tender, while many viewing cryptocurrencies as commodities. Governments around the world are keenly aware of the problem that the technology is rapidly outpacing the laws that govern it.”
12/26/2019
Austrian fintech company Bluecode raises $13 million
Bluecode’s representatives confirmed that this is one of the highest FinTech investments in Austria this year.
12/26/2019
Wealth Wizards confirms £30 m growth funding round
Based in Leamington Spa in the UK, Wealth Wizards’ end-to-end technology platform allows customers to automate regulated customer journeys
12/24/2019
Starling co-founder to launch crypto digital bank
Digital bank Starling has lost a number of top executives in 2019
12/23/2019
2020: The Year of the Digital Asset
Looking ahead, we believe 2020 will reveal new technologies and applications for digital assets that can lead to meaningful, tangible change across a wide range of industries.
12/23/2019
Silicon Valley giant behind Spotify eyes bumper investment in Revolut
TCV, which has also invested in UK money transfer group World Remit, is reportedly looking to commit
12/23/2019
Digital partnering is an effective solution not a cop out
‘Firms are struggling against a wave of digitisation in the wealth management arena’
12/22/2019
‘Bloodbath’ looms for tech firms as competition watchdog sets its sights on Google and Facebook
The CMA is increasingly drawing a line in the sand in front of US technology giants after decades of unchecked expansion.
12/20/2019
Capgemini Named a Leader in Wealth and Asset Management Services by NelsonHall
“Capgemini has a large and mature wealth and asset management business that is well positioned to grow by offering strong consulting and solutions”
12/20/2019
Intesa Sanpaolo and Nexi reached a Strategic Agreement
As a result of the finalisation of the transaction, which is expected to take place next year and is subject to the customary regulatory authorisations being received, a net capital gain in the region of €900 million is envisaged for the Intesa Sanpa
12/19/2019
Hedge funds hacked into Bank of England briefings
Traders could have used information to gain an advantage over rivals
12/19/2019
Darlington Building Society adopts Iress software
Darlington Building Society has adopted Iress’ mortgage processing software.
12/18/2019
Transforming Client Lifecycle Management with AI-driven WealthTech
Wealth management organisations today face a shifting landscape of opportunities and challenges.
12/18/2019
Scalable Capital claims lead in Euro robo race as assets hit €2bn
It comes just 18 months after the UK and German wealth manager surpassed €1 billion in assets under management