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FinTech

03/23/2017

BearingPoint looks to transform the regulatory reporting environment through its UKRep shared service offering; bringing the banking industry together

Based on BearingPoint’s Abacus360 platform, UKRep has been designed as a single industry utility

03/22/2017

Avaloq partners with Warburg Pincus to accelerate growth

The transaction values Avaloq in excess of CHF 1 billion.

03/22/2017

Lessons learned at the UK’s first 100% cloud bank

The challenger bank had always wanted to run in the cloud, but at the time of its launch in March 2015 the regulator wasn’t ready to allow cloud hosting.

03/22/2017

RBS chief says fintech will help bank to stay relevant

The bank is constantly on the look-out for technologies that could be used to make customer experiences simpler

03/22/2017

Baymarkets launches Clarity platform for RegTech solution delivery

Designed for use during pre-trade, at-trade, post-trade or across all three, the Clarity platform delivers solutions for any aspect of the order and trade lifecycle.

03/21/2017

Nutmeg slams incumbent wealth manager fees

These are charges for just starting an account

03/21/2017

A.I. and Finance: the new (Automated) White Collars?

Banks in fact are trying to cope with the upcoming regulations that will impact the financial system

03/21/2017

Capgemini and Fujitsu paid £724m for HMRC Aspire contract in 2016/16

HMRC pays out £1.45bn to keep Aspire going over the past two years

03/20/2017

New First Direct chief Joe Gordon one of the youngest ever banking bosses at 33

'I've worked in customer service since day one,' says Joe Gordon.

03/16/2017

BNP Paribas is putting human advice before robots

BNP is at the beginning of a slow rollout.

03/16/2017

Starling Bank, a digital-only UK challenger bank, launches beta

Upon approval of your account, which involves things like photographing your passport or driving license via the app, you are issued a Starling Bank MasterCard debit card that can be used in the U.K. and abroad.

03/16/2017

You Can Now Invest Any Currency in Fermat via Bitcoin Suisse AG

Bitcoin Suisse offers trading desks for high-net worth individuals and institutions for cryptocurrencies and crypto-assets.

03/15/2017

Misys leads the way in FRTB with three XCelent 2017 awards

Banks need to catch up on compliance, but they also need to think beyond FRTB and 2020.

03/15/2017

Banco Santander innovation exec Faura joins Wall Street Blockchain Alliance board

We are witnessing a rapid evolution of blockchain technology towards enterprise grade readiness

03/15/2017

SocGen Taps Amazon, Microsoft for Cloud as Banks Target Costs

French bank aims to start moving data to public clouds by June

03/15/2017

Robo-advice enabling asset management for the masses

More than 50% of Nutmeg’s customers are first-time investors.

03/14/2017

Japan's SBI, others invest 26.3 mln euros in Germany's solarisBank

SBI and Arvato will help the company expand into Asia and Europe respectively, the company said.

03/14/2017

German fintech startup solarisBank raises €26.3 million and lands Deutsche Bank exec as CEO

Solaris Bank has raised its chunky "Series A" funding round

03/14/2017

Venture capitalists back fintech Mifid II compliance firm

Illuminate has been seeking a company that can help address the Mifid II regulatory environment around research

03/14/2017

Blockchain startup BABB App, Contis enter agreement for licensing and banking infrastructure

BABB is creating tomorrow’s banking platform in order to aid banks and its clients to leverage social connectivity and money in new ways, at the same time, offering security, privacy with more control and transparency.

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