07/26/2018
Aviva and tech provider take joint responsibility for platform errors
The client returned the money, which was reinvested in the Sipp.
FinTech
07/25/2018
Fintech firm expands partnership with regulatory data exchange
JHC and Silverfinch originally partnered in 2017 ahead of January’s MiFID II deadline, which dictated that wealth managers provide full transparency around any costs and charges levied to their customers.
07/25/2018
London market needs to identify hidden AI exposure
The reason this search will be necessary is a growing realisation that AI can affect a broad range of risks in ways that underwriters had not foreseen, Neil Beresford, partner at Clyde & Co, explained at a seminar on the impact of AI on underwriting.
07/24/2018
Investors in British fintech giant FNZ plot £2bn sale
The two private equity backers of FNZ Group are drawing up plans to offload their stakes later this year, Sky News learns.
07/24/2018
64 Percent of Consumers Want AI to Be More Human — Sort Of
Consumers are increasingly aware and satisfied by AI-enabled experiences, but expect the human presence.
07/24/2018
The future of banking is open
How to seize the Open Banking opportunity
07/24/2018
Gibraltar Blockchain Exchange officially launches to public
For both participants and issuers, this now means that the GBX offers a complete token and digital asset experience via an institutional-grade platform, focused on good governance and industry best practices.
07/23/2018
Avaloq Named a Leader in Magic Quadrant for Global Retail Core Banking
The annual Magic Quadrant report from IT research firm Gartner evaluates core banking vendors against a range of factors such as their ability to execute, viability and completeness of vision.
07/23/2018
Monzo, Revolut and other challenger banks are shaking up the industry
Their biggest advantage is that they have started fresh with a digital offering and the use of the latest technology available
07/23/2018
TBI Bank is expanding in Western Europe by launching online deposits in Germany
TBI Bank now relies on Europe’s largest savings product market, providing German consumers with a secure digital deposit creation method.
07/22/2018
Wealth Dynamix Named Double Winners
The firm provides Client Lifecycle Management solutions for the Wealth and Investment Management industry.
07/20/2018
Phore Blockchain Partners With Global Assets and Wealth Initiative
We are delighted to have Phore Blockchain as a partner
07/20/2018
Tradeteq lands $6.3m to develop trade finance marketplace
Tradeteq provides the collaborative network for investors and originators to connect, interact, and transact.
07/20/2018
Hackers Breach Russian Bank and Steal $1 Million Due to Outdated Router
The router had tunnels that allowed the attackers to gain direct access to the bank’s local network
07/19/2018
Wealth managers call for clampdown on cryptocurrencies
The leaders among the UK's new breed of digital wealth managers are worried about retail punters trading bitcoin
07/19/2018
Advisers urged to have platform failure back-up plan
It came after the problems faced by Visa, TSB, Aegon and Aviva, which all saw technology failures preventing them from offering their full service.
07/19/2018
Openwork working with Zurich on robo platform
He said advisers' clients often wouldn't be advised on all their assets and would often have savings on one side which they managed themselves.
07/19/2018
Profile Software upgrades Axia 2.0
Through the long standing partnership with Microsoft, Axia, the upgraded investment management platform has gone live using Microsoft Azure PaaS and IaaS resources.
07/19/2018
Silicon Valley Bank hits $100m investment target in Ireland
Bank has committed $200m to Republic’s innovation sector since 2012
07/19/2018
JLT snaps up robo-adviser
Moola will become a core offering on Benpal, JLT’s rewards and benefits platform, as well as continuing to be accessible through the www.moo.la website and other channels.