08/01/2023
Vanquis Banking Group buys UK smart money app Snoop
The app initially raised £10 million through a Seedrs-led crowdfunding round in 2020, followed by a £15 million Series A a year later which valued the app at £47 million.
FinTech
08/01/2023
European Depositary Bank appointed by Aarna Capital to deliver Digital Banking solutions
Clients such as Aarna Capital can open multi-currency accounts and manage their day-to-day transactions, including global payments, FX requirements and cash management through automated money market sweeps from a single online dashboard.
08/01/2023
Five fundamentals for any digital transformation in financial services
While every programme is unique, experts from Airwalk Reply outline five steps that they believe are fundamental for the success of any digital transformation.
07/31/2023
Schroders CEO urges staff to embrace AI to innovate
Schroders' in-house AI tool, called Genie, has been available to all employees since April
07/31/2023
Capgemini reports strong half-year performance:robust growth and improved operating margin
These results put us among the leaders in our industry.
07/31/2023
Aarna Capital chooses EDB’s Digital Banking Solutions
Today’s announcement is the latest in a series of notable client wins for EDB, including appointment by Arab Bank for digital bank accounts.
07/27/2023
SS&C, U.K.'s National Health Service Shared Business Services Team Up to Deliver Digital Transformation to NHS
NHS SBS signs resale agreement with SS&C Blue Prism to drive efficiencies across NHS HR, procurement and finance processes
07/27/2023
Thales enters app security market with $3.6B Imperva acquisition
Thales has expended considerable resources in recent years bolstering its cybersecurity offerings through acquisitions.
07/26/2023
Wealth management, why the time for fintechs is now
Everything from proptech platforms to personal investment portals, they are all fintechs, they manage money - quickly, cheaply and efficiently.
07/26/2023
Amundi Intermédiation Selects FlexTrade for Multi-Asset Execution Management
The firm will deploy FlexTRADER EMS to provide sophisticated automation capabilities across equities, derivatives, and fixed income.
07/25/2023
Italy’s Mediobanca Group Launches new Fintech Venture Studio Alongside London-based Founders Factory
Mediobanca Group and Founders Factory’s plan is to build and invest in 35 fintech businesses over the next five years.
07/25/2023
Vontobel strengthens the use of AI through cooperation with Microsoft
Vontobel will evaluate the first experiences in order to define further areas of application for Azure Open AI Service
07/25/2023
GBST further expands adviser solutions with the acquisition of leading market disruptor Advice Intelligence
It supports the industry’s evolution toward efficient and cost-effective advice via digitisation, bridging the gap between advice providers and the wider mass market.
07/25/2023
UK business confidence remains strong as firms boost AI investment
But confidence has still declined over the first half of the year – amid global uncertainty as economic growth remains sluggish around the world.
07/24/2023
Atom Bank joins the neobank profitability club with £4m annual profit
At its current quarterly run-rate, Atom says it is generating more than £100m of annualised net interest income and more than £25m of operating profit.
07/24/2023
JP Morgan confirms Germany expansion for Chase neobank
CEO Jamie Dimon revealed the move in an interview with Handelsblatt.
07/24/2023
Revolut launches joint accounts in the UK
Joint Accounts along with Revolut <18 can become a centre of family finance, but they can equally be used by all types of duos, whether that be partners, siblings, roommates or friends.
07/20/2023
Letter highlights FCA’s concerns over ‘high-risk nature’ of cryptoassets
The FCA said it anticipated this being the method used by most cryptoassets businesses, but reminded cryptoassets firms that it is not its role to work with applicants to prepare their applications for registration.
07/20/2023
“Cyber attacks have always existed”
Karl im Brahm, CEO of the German unit of the software provider, talks to editor Lisa Brunner about innovative solutions in the areas of wealth management, asset management and banking.
07/19/2023
Temenos Strengthens Its Executive Committee to Accelerate Its Business Growth
Temenos is announcing the following changes to its Executive Committee, effective immediately