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

French core banking vendor TagPay raises €25 million

Société Générale pumped €1 million in return for an eight percent stake in TagPay in 2016

Using technology to improve the management of investment portfolios - the view from SEI

This article is from The Wealth Mosaic's recent report on how technology can be utilised to improve the management of investment portfolios

Demand for advice set to 'grow exponentially' this year

"Indeed, for financial advisers it promises to be one where the demand for your services will grow exponentially."

UK tech jobs bounce back as investment hits record high

Tech companies raised $15bn (£11bn) this year, a slight increase on the $14.8bn achieved in 2019

Estonian proptech startup Rendin raises €1.2 million to do away with security deposits

Founded just before the pandemic hit Europe, Rendin says it’s still been able to hit all pre-set growth targets, and perhaps the Covid complications even helped prove the product.

Facebook to close Irish holding companies amid tax row

One of the three companies it is winding up, Facebook International Holdings I Unlimited Company, recorded revenue of $30bn two years ago, when global turnover at the social media giant was $56bn.

Banking supervision priorities for 2021

Corporate governance will remain high on the agenda, with the MFSA seeking to add fresh impetus to suitability and board effectiveness assessments.

Cyber crime has cost Russia $49 bln in 2020, Sberbank says

Russia has encouraged its citizens to switch to bank cards and limit cash use to try to crack down on the shadow economy

“I Sold Half My Bitcoin Holdings Over Christmas": deVere CEO

The value of all Bitcoin in circulation is now around $452 billion.

Italy's Gellify seeks Middle East start-ups with fund that could hit $50m

B2B software start-up focused accelerator and investor says it plans to recruit up to 30 regional businesses

Lloyds Banking Group and Fintech Scotland to Support High-Potential Startups and Early-Stage Businesses

The Lloyds Banking Group will be working cooperatively with Fintech Scotland in order to support the country’s high-potential startups and early-stage businesses.

Swiss digital asset bank Seba completes capital raise

SEBA Bank will tokenise its shares of the Series B fundraising soon after the blockchain law will come into force in Switzerland.

Platform's tech predicts client exits for advisers

“The machine has all the information and simulations and so can register that it looks like someone is going to close their account.”

Italian banks rally round digital euro

The first work area will be carried out in collaboration with SIA

Avaloq’s acquisition by NEC successfully completed

Avaloq and NEC will be placing great emphasis on building a strong long-term relationship.

Zoho’s 2021 finance trends predicts surge in cloud-based and AI-driven accounting

Ganti also predicted that AI will play a major role in the reconciliation process in 2021.

Nucleus Software upgrade introduces BNPL capabilities

To improve convenience and provide 24x7 contactless operations, customers can now complete loan service requests through smart watches, fitness trackers and WhatsApp-based Chatbots.

The UK is the perfect “sandbox” for Fintech companies

Coupled with the fact that such technologies are rarely fully formed when first introduced to a marketplace, it can be exceptionally time consuming for new entrants to the industry to secure approval from the relevant regulators.

Gazprombank (Switzerland) and Avaloq win the Most Innovative Project in the use of Blockchain in Banking

This is the 11th accolade or industry citation to be won by Avaloq in 2020, having recently been named Best Transaction Processing Solution provider at the WealthBriefing European Awards 2020.

4 exciting Swiss FinTech companies disrupting the financial space

The integration will leverage TrueLayer’s Data and Payment APIs for enabling Numbrs’ users to combine their external bank accounts in one place.