08/27/2019
Lloyds-Schroders venture hit by platform problems
"The new wealth platform will bring a number of benefits to clients including the ability to see all their investments in one place, online 24/7."
FinTech
08/27/2019
Two leading German fintechs are merging
Through this strategic acquisition Raisin will get access to the € 12 trillion European pension and retirement savings market
08/26/2019
Credit Suisse to shift focus from branches to digital banking
The Zurich-based bank is creating a new business area, called Direct Banking, for retail and commercial clients, starting on Sept. 1
08/25/2019
Big benefits for emerging asset managers that partner with AI-savvy service providers
The data needs to be carefully reviewed, parsed and then processed for accurate and timely revaluation of assets
08/23/2019
German bank backed by Peter Thiel launches in US
N26, which has no physical bank branches, has a $3.5 billion valuation.
08/23/2019
FinTech Abu Dhabi’s search for global fintech talent?
Startups who attend FinTech Abu Dhabi can apply to become part of the FinTech 50
08/22/2019
The FinTech bubble: Euphoria surrounds $1 billion Swiss ‘unicorn’ but there is no profit
The internet, bill posters, and advertising material in subway stations are omnipresent, demonstrating a new, bank-free future of self-empowerment via smartphone apps that do everything from manage mortgages to execute trades on derivatives exchanges.
08/22/2019
Multi-asset expansion as Swissquote goes down the real estate route
Continuing its multi-asset expansion, Swissquote’s Robo-advisor service now includes ETF
08/21/2019
BBVA will offer digital customer onboarding everywhere it operates by the end of 2019
By implementing this biometric technology, BBVA became the first bank in Spain to offer digital enrollment to potential customers.
08/20/2019
Finance Needs People Who Work Well With Robots
Artificial intelligence is displacing jobs, but also creating new ones.
08/20/2019
Fintech mega-deals lead to record-breaking $120 billion transaction value
Hampleton Partners, which specialises in international technology M&A and corporate finance, noted that all three of the top transactions were in the payments processing segment
08/20/2019
SMBC Selects Exiger's DDIQ as a New AI AML Tool in EMEA Region
Following a rigorous evaluation period, SMBC selected DDIQ to deploy throughout its client onboarding and monitoring processes.
08/20/2019
Accenture acquires Parker Fitzgerald
Helping clients optimize their performance in a rapidly evolving risk environment remains our utmost priority
08/20/2019
Norwegian wealth fund buoyed by U.S. tech giants
The fund invests Norway’s revenues from oil and gas production in foreign stocks, bonds and real estate.
08/19/2019
Edinburgh’s Exterity expands operations in Middle East
Expansion of the team has seen the firm recently move into larger premises in Dubai.
08/19/2019
Fintech revolution – re-shaping the global financial system
The fintech conference that took place at Impact Hub Bucharest under the name “A new financial era for a new and positive economic governance?”
08/19/2019
Contactless donation points installed for City homeless
The campaign will run for three months, and if it is successful, more contact points could be rolled out across other City locations.
08/16/2019
European Central Bank hit with data breach
The bank was also keen to stress that “neither ECB internal systems nor market-sensitive data were affected” by the breach, as the BIRD website is hosted externally and separately from the ECB’s main systems.
08/16/2019
European fintech investment continues to grow as global investment falls
European countries are continuing to see significant growth in financial technology investment as total global investment decreases
08/16/2019
HMRC seeks digital platform for field fraud officers
The software must also integrate with the department’s wider technology estate and infrastructure.