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IRESS launches annuity yield comparison index

The IRESS Relative Annuity Yield Index compares the income yield of annuities to cash ISA rates

Finance Disrupted: Who will take London’s fintech crown?

The panel generally backed this view up, with Lawrence Wintermeyer, CEO at Innovate Finance, pointing out that half of all venture capital in London is foreign.

Senior banking technologists quit to become fintech gurus

The implication is that senior technologists in banking would rather be on the outside looking in at the potential disruption from fintech start-ups.

Misys Prepares For Alt-Lending’s Collapse

The rise of alternative and marketplace lenders emerged because traditional FIs weren’t agile enough in their innovation and technology adoption to develop the convenience and efficiency new market entrants offered, he added.

Hellenic Bank Selects Backbase to Upgrade its Digital Banking Offering

Omni channel banking is the next frontier that banks around the world

Aspect Software helps major UK bank to reduce cost of fraud prevention

This bank serves large numbers of customers worldwide, with a third of them using its digital services, including online banking.

EU Cybersecurity Agency Advises Financial Institutions How to Deal With Blockchain

ENISA released a paper on Blockchain to assist banks and financial institutions

A Helping Hand for Startups

A tech growth fund, set up in cooperation with the state KfW Bank, would provide promising German startups with financing in their key growth phase.

EU considering stress tests for banks to prepare for growing cyber attacks

The humongous frauds taking place have cautioned global regulators for tightening their securities, and many countries have also been conducting checks on lender’s security systems.

BOV selects Oracle Flexcube as new core banking system

Oracle Flexcube will enable us to offer superior customer service, simpler access to information and service

Cyber attack locks Lloyds customers out of accounts: Online assault took down bank’s digital services for more than two days

TSB, which split from Lloyds in 2013 but shares its technology platform, was also hit.

As attacks grow, EU mulls banking stress tests for cyber risks

Banks are struggling to demonstrate their ability to cope with the rising threat of intruders

Habito, UK’s digital mortgage broker, secures £5.5m in Series A funding

The start-up has now raised a total of £8.2m

Rocket Internet’s investment arm closes $1 billion fund to invest in startups worldwide

This huge RICP fund has raised capital from a diverse set of global investors

Robo Advice: Threat or Opportunity for Hybrid Advisers?

If you stick your head in the ground and ignore the potential that technology can have on your business then you’re probably right

LionTree Opens Paris Office to Capitalize on Growing Digital Sector

As technology continues to transform industries, and consumer bases grow worldwide

SIX x-clear further extends clearing services to Nasdaq Nordic markets

SIX Securities Services centrally manages counterparty risk and reduces post-trade costs

Capriza Announces Partnership with Schroders

There is no ‘rip and replace’ option for complex core systems

The French Touch Abounds in Tech

Bpifrance has 300 start-ups in its portfolio.

Innovation is happening’: Mishcon launches legal tech start-up scheme

The scheme will see the firm welcome a number of start-up companies into the business for 10 weeks this summer.

FinTech