07/31/2020
Uzbekistan’s People’s Bank selects Finastra to transform risk management business
Fusion Risk will integrate with bank’s core banking system and automate processes whilst enabling the bank to comply with Uzbek and global regulations
FinTech
07/31/2020
Metro taps Wipro for IT transformation
Among the tools Wipro will bring to the table are its AI-based IT wellness platform, intelligent test automation offering, and DevSecOps platform.
07/29/2020
SS&C Technologies Earnings and Revenues Beat Estimates
The past five months has presented unique challenges, both professionally and personally
07/29/2020
Wealth Managers Name Greenfield Digital Banking as Top Innovation Strategy
Building a greenfield fintech company ranked fourth, with about 17% of global banking executives pursuing the strategy.
07/29/2020
UBL (Switzerland) selects OLYMPIC Banking System
The bank has decided to use the SaaS solution from the OLYMPIC Banking System deployed with ERI’s outsourcing partner ITpoint Systems AG.
07/29/2020
IBM Report: Compromised Employee Accounts Led to Most Expensive Data Breaches Over Past Year
Customer Personal Data Exposed in 80% of Breaches Analyzed; AI and Automation Significantly Reduce Costs
07/28/2020
FMS.next enriched for full automation in the loan origination and microlending process
The solution is already used by established European companies that enjoy the benefits derived from a complete offering.
07/28/2020
Broadridge's Fi360 Launches Remote Proctoring, Enabling Online Certifications for Financial Advisors
The remote proctoring solution seamlessly interfaces with Fi360's existing designation exam, creating an easy, intuitive user experience for each advisor.
07/28/2020
UK enforcement regime for platforms for business announced: what you need to know
UK businesses have been working towards compliance but without knowing what the sanctions are for breach of the regulation, until now.
07/27/2020
Visa announces support for cryptocurrencies
Visa’s outlook on new digital currency payment flows
07/27/2020
KBC Bank Launches Smart Investment Assistant Matti from Bolero, Supported by Objectway
Objectway provided portfolio management, rebalancing and proposal generation capabilities in an ‘as-an-engine’ model towards Matti, the smart investment assistant of Bolero, KBC’s online retail broker.
07/27/2020
Bitcoin Suisse Raised $50M To Enhance Current Operations And Launch An STO
Cryptocurrency service company Bitcoin Suisse has raised $48 million in a Series A funding round led by former Head of Investments at the private bank Vontobel.
07/27/2020
Davies expands captive management portfolio with third acquisition of 2020
Once re-branded, the newly purchased business will become part of Davies’s insurance services practice
07/24/2020
BNP Paribas joins as anchor client for IBM’s CFS in Europe
The framework offers streamlined compliance controls to enterprises with common operational criteria. It allows financial institutions to run key applications and workloads.
07/23/2020
New survey shows nine in ten affluent Spanish consumers trust banking offers from other European countries
Raisin Spain asked over 600 affluent Spanish consumers (with net monthly income above €2000) about their saving habits and preferences, as well as how they gain knowledge about the market and what information they’re missing.
07/23/2020
UK’s first regulated crypto hedge fund set to close down after failing to attract investors
Prime Factor Capital was approved by regulators roughly one year ago
07/22/2020
ESG and Regulation 9 There have been two major usecase developments within the BITA Wealth solution.
BITA Wealth provides automation, and pre- and post-trade checking of the key REG-9 requirements, delivering an efficient, demonstrable and auditable process across all clients
07/22/2020
Munich-based Scalable Capital raises €50 million Series D to expand its wealth management and brokerage platform
"We established Scalable Capital to make investing easier and better through technology," says Florian Prucker, co-founder and co-CEO of Scalable Capital.
07/21/2020
BBVA explores quantum computing technology
The initiative focused on the development of quantum algorithms, static and dynamic portfolio optimisation, credit scoring process optimisation, currency arbitrage optimisation as well as derivatives valuations and adjustments.
07/21/2020
Big banks look to the cloud to accelerate digital shift
Goldman Sachs, Deutsche Bank and HSBC sign partnership deals in tech awakening