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

ePayLater Raises Pre-Series A Round From ICICI, Family Offices And Others

ePaylater is a ‘Buy Now, Pay Later’ payment solution through which customers can instantly get access to credit to make faster online/offline purchases.

Traditional wealth managers set to lose market share to robo-advisors, says GlobalData

In previous years, traditional wealth managers across the globe had a widespread level of agreement that robo-advice would seize market share.

Estonian European Central Bank Governor Calls Cryptocurrencies “Nonsense”

Hansson did not, however, advise letting markets simply take their course if it means the violation of small-time investors.

Cybersecurity concerns will increase in UK wealth management industry in 2019, says GlobalData

The lack of alarm can be explained by the fact that the UK wealth industry has not seen data breaches related to cybercrime.

Artificial Intelligence in Financial Services: Myth and Reality

Natural language generation and understanding are also being added to the mix to absorb raw information in large datasets, understand and detect trends and correlations as well as identify inferences, risks or investment opportunities.

Objectway Delivers New Integrated Digital Front-End Solutions for BNY Mellon’s Pershing

Objectway has been working closely with Pershing since July 2017 to phase in all the required services.

To What Extent is Blockchain Technology & Crypto Growing in Italy

As Coinidol recently reported, there are now around 275 blockchain-based services (40% are advertised) boosted globally since 2015, according to the survey conducted by the Fintech and Insurtech School Observatory of Management of the Milan Polytechnic.

EU-AU Digital Economy Task Force Launched

The Task Force is composed of 20 African and EU decision makers, and representatives from the private sector, the international financial sector and civil society.

ESAs publish joint report on regulatory sandboxes and innovation hubs

The report sets out a comparative analysis of the innovation facilitators established to date within the EU.

Digitalization and the challenge of KYC for financial institutions by Kramer Levin Naftalis & Frankel

The French Prudential Supervisory and Resolution Authority guidelines published on December 12, 2018 on the identification, verification and knowledge of customers[1] address this issue.

Ascentric to shut down new and old platform for four days

From Friday to Tuesday

Robots are not killing our jobs, says World Bank

The World Bank does not guarantee the accuracy of the data included in this work.

Chetwood seeks to lure customers from big UK banks

Elliott-backed challenger to push innovative products after getting full licence

Police warn of 63pc rise in ‘SIM swapping’ scams that allow hackers to clear out your bank account

The scam uses a well-known flaw in mobile phone networks which allows fraudsters to swap or “port” a phone number to a new SIM card or phone network.

How France’s regulator is leading the way in fintech innovation

It’s also been quick to harness the expertise of other like-minded jurisdictions, with the establishment of joint agreements with their colleagues overseas, including Japan’s Financial Services Agency (FSA).

What’s New in FinTech

Related to that is a willingness and recognition that shared next-generation technology platforms can make a big difference within and across institutions to create network value.

Ant Financial looking to buy UK FX firm

WorldFirst reports that, since its launch nearly 15 years ago, it has transferred over £60 billion on behalf of 160,000 clients.

ACI Worldwide Wins ‘Best Payment Solutions Provider Europe’

ACI’s UP eCommerce Payments solution recognized for technical flexibility and cross-border capabilities

Online Lender iwoca Connects to Barclays & HSBC Under Open Banking Rules

iwoca’s announcement today demonstrates that the potential of Open Banking to transform how small businesses manage their finances is being realised.

The strange case of Hush...

The company appeared to be credible because it was founded by Éric Charpentier, who had been the founder of banking startup Morning.