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

Leipzig-based Evergreen secures €1.3 million for its sustainable asset management platform

Aiming to change that is Evergreen – a German fintech startup that has just secured new capital to grow.

MeDirect launches innovative online investment product

MeManaged provides an investment strategy based on the profile of each customer

Multiple Danish Banks Disrupted By DDoS Cyber-Attack

The attack, which also affected IT financial industry solutions developer Bankdata, did not reportedly impact the bank's other systems or day-to-day operations.

Accenture to Acquire SKS Group, Strengthening its SAP and Regulatory Capabilities for Banking Clients in Germany, Austria and Switzerland

Accenture has agreed to acquire SKS Group, a consulting firm that helps banks across Germany, Austria and Switzerland modernize their technology infrastructure

Volatility and cloud: two buzzwords for private banking in 2023

Prepare to hear a bit about this over the next twelve months.

What the UK’s six AI principles mean for financial services

Undertaking an AI audit and assessing how AI use aligns with business objectives are just two of the measures that firms should consider to best prepare themselves for the new regulatory regime.

Half of businesses say BaaS will make traditional banking obsolete

BaaS is a form of technology, usually through APIs, that allows companies that are not licensed banks to provide certain banking services to consumers through a third-party fintech.

Bondsmith becomes a principal member of Visa

Our vision is to bring embedded banking to the wealth management industry to enable holistic financial management and planning

EY launches South West Innovation Hub as part of regional fintech investment

The hub, led by directors Dan Harris, Oana Beattie and Liam Snelling, will work closely with FinTech companies based in the South West, the University of Bristol and Fintech West to help serve clients locally, across the UK and internationally.

CaixaBank forms international consortium for cybersecurity research

The AI4CYBER consortium’s key objective is to design new cybersecurity services to understand, detect, and analyse cyberattacks, as well as prepare critical systems to withstand them.

Taiwan’s Next Bank Launches on Temenos

New digital bank backed by Chunghwa Telecom launches on Temenos core banking platform to bring products to market fast and scale efficiently

LegalTech Wolters Kluwer acquires Della AI

This technology allows legal professionals to review contracts in multiple languages by asking simple questions.

Customer Loyalty Lessons Traditional Banks Can Learn From FinTechs

FinTechs’ strategy of being more customized and experience-oriented than their traditional competitors seems to be getting results.

The Next Wave of Institutional Digital Asset Adoption

As many have pointed out, this was a failure in CeFi, not DeFi. A simple look at DeFiLlama shows that decentralized exchange (DEX) volumes are up by almost 70% despite market sentiment.

Revolut’s results delayed until early 2023

The fintech is grappling with increasing scrutiny by auditors.

Private Banks to Manage Future Digital Euro Wallets, Transactions

The European Central Bank's new progress report on a central bank digital currency outlines the role of financial intermediaries.

Swedish robo advisor Lysa expands to Germany

In addition, the robo advisor adjusts the risk of users’ portfolio to their individual situation and preferences, and also ensure that the same level of risk is maintained over time.

Digital SME lender Recognise Bank raises £25m

It currently offers a variety of flexible business loans and savings rates.

BIS wants banks digital asset exposure limited to 2% by 2025

Under the new prudential standard, commercial banks can only have 2% exposure to ‘unbacked’ digital assets, stablecoins “with ineffective stabilization mechanisms,” or even tokenized traditional assets.

Barclays and Maven invest in Manchester-based fintech startup Nivo

The platform includes task management, e-signing, machine-learning based identity document scanning, facial recognition, document collection, open banking and no-code automation capabilities.