10/23/2017
British Banks Are Shunning Bitcoin Companies
The Financial Times reports that there are fears it’s riddled with criminals and fraudsters.
FinTech
10/23/2017
Danske Bank turns to Teradata for AI-powered fraud detection
The Think Big Analytics team began working with Danske Bank in autumn 2016, to “augment their analytics team with specialist knowledge”.
10/20/2017
Polish bank chooses Wolters Kluwer
OneSumX Regulatory Reporting uses a single source of data to ensure consistency, reconciliation and accuracy and includes the firm’s Regulatory Update Service.
10/19/2017
HSBC UK heads towards open banking through fintech partnership
The trial forms part of HSBC UK’s Open Banking strategy, and follows the recent announcement of its Beta trial.
10/19/2017
IRESS helps advisers go virtual with video meeting tool
The integration will be available to XPlan users on version 2.21 or higher.
10/17/2017
BNP Paribas and EY explore private blockchain to optimize the bank’s global internal treasury operations
This pilot has highlighted how an internal, private blockchain could be used to improve operational efficiency by providing a more integrated cash management approach between businesses, allowing greater flexibility and a 24/7 capability.
10/17/2017
Eight banks form joint venture to launch blockchain trade platform
The consortium is expected to grow to include additional banks from other countries and as well as trading partners such as shippers, freight forwarders and credit agencies.
10/16/2017
T. Rowe Price announced as latest provider partner for Panacea Adviser
Derek Bradley, CEO of Panacea Adviser, said: “We’ve seen a growing number of partners from within the asset management space wanting to become part of our unique community this year."
10/12/2017
Inventive cyber gang steals millions from East European banks
After gaining foothold into the processor’s network, the attackers compromised the Enterprise Admin account which eventually gave them full access into the infrastructure.
10/11/2017
Platforms of the future
Platform managers are mutualising non-competitive activities to the advantage of their member.
10/11/2017
apoBank signs inks deal with Avaloq
The implementation of the Avaloq Banking Suite at apoBank will be carried out jointly by DXC Technology, Orbium and Avaloq.
10/11/2017
Russia to Shut Down Cryptocurrency Trading
Earlier in the day Tuesday, he acknowledged the means of payment had become a form of high-yield investment that carried with it “unreasonably high risks.”
10/10/2017
New tech will give boutiques edge on fund titans, says NCI
Alongside smaller businesses well-established better ability to find and exploit alpha, the report pointed out that tech could defray much of the current percentage of their cost base goes on regulatory expenses.
10/08/2017
EU raids banks over attempts to block financial tech rivals
Officials are worried that banks are denying access to your account info.
10/08/2017
EU raids Polish and Dutch banking groups over fintech access
Brussels fears lenders are blocking challengers’ access to data on customers
10/06/2017
Digital wealth manager Moneyfarm acquires tech behind fintech chatbot
After connecting to your bank accounts, the chatbot used natural language processing to answer questions on your financial well-being and transactions
10/06/2017
KPMG and Exiger enter into exclusive multi-year partnership to leverage AI-based technology
DDIQ set to streamline compliance solutions for KPMG and its global clients
10/06/2017
Cognizant inks deal with Dexia
Under the agreement, 150 Dexia employees will move to a dedicated, newly-formed Cognizant company in France to which Dexia will transfer certain IT and business process services.
10/05/2017
Avaloq inks cooperation agreement
The independent Swiss research house theScreener has been a partner of Avaloq Software Exchange since the beginning of 2017.
10/05/2017
Insurance giant acquires majority stake in Welsh investment firm
The insurance giant has agreed deal to buy into the 'robo' investment service