02/21/2020
Barclays scraps Big Brother-style spyware on staff computers
The software, which was provided by Sapience, told staff to “avoid breaks” as it monitored their productivity and recorded toilet breaks as “unaccounted activity”.
FinTech
02/20/2020
Sweden set for dramatic growth in digital wealth management, says Nucoro
In terms of HNWs and the technology and telecommunications sector, Nucoro reveals that around 16 per cent of Sweden’s wealth is derived from the technology and telecommunications sectors.
02/20/2020
ESRB publishes report on systemic cyberattacks
The analysis conducted shows that a cyber incident could indeed evolve into a systemic cyber crisis that threatens financial stability.
02/20/2020
AI transparency in financial services – why, what, who and when?
As part of their joint project, the FCA and The Alan Turing Institute propose to explore the practical application of this framework in workshops with industry and civil society stakeholders.
02/20/2020
Belfius Bank adopts SimCorp Dimension
The implementation of SimCorp Dimension spans across order management, performance and risk calculation, and portfolio management, covering a range of asset classes.
02/19/2020
UK Plans to Support Qatar in Becoming Major Fintech Hub, Says Lord Mayor of the City of London
Russell went on to note that the UK was grateful for the support that it has received from the State of Qatar, and acknowledged its aspirations of becoming a major Fintech hub.
02/17/2020
Digital Dangers: Enhancing your protection from clone firms
Clone firms are one of the most common type of scam, with the Financial Conduct Authority (FCA) recording more than 200 of them in 2018.
02/17/2020
Vistra partners with the LHoFT Foundation to support fintech development in Luxembourg
With almost 250 multilingual professionals with legal, accounting or tax background, Vistra’s Luxembourg office represents the second largest European operations in Vistra.
02/17/2020
Tech Firm Inspiretec Boosted by Multi-Million Pound Bank Deal
The refinance will provide Inspiretec with an appropriate capital structure to continue its impressive performance into 2020 and beyond.
02/17/2020
Deutsche Bank looks to Big Tech players for digital overhaul
In a memo released in October 2019, the firm commented that “To succeed, we need to fundamentally shift how we build technology and move to a new way of working.”
02/17/2020
Italy Registers a Boost in Cryptocurrencies and Other Digital Payments
This is a record for Italy, which in this case has a higher percentage than France and the United Kingdom, where 6% of the population does not have bank accounts or cards, but also Nigeria (5%) and South Africa (4 percent).
02/14/2020
Stellar Lumens Ups Its Game With German Bank Partnership
Sources have revealed that the partnership between the bank and the startup will result in a plethora of developments of updates
02/13/2020
EU regulation could help cryptocurrency funds grow
With the growth of cryptocurrencies and crypto funds, more and more institutional investors are looking to get into this space.
02/13/2020
OLYMPIC Banking System crowned “Best Transaction Processing Solution”
“It is proof of the excellent work our teams have accomplished over the past twelve months to ensure the highest level of service for our clients.”
02/12/2020
AnaCap signs agreement to acquire leading UK wealthtech platform
Founded in 2006, Wealthtime consolidates the investment portfolios and financial assets of individuals seeking advice from Independent Financial Advisers (“IFAs”) into one clear and easy to use online service offering.
02/12/2020
Welsh fintech Delio grows team and expands to Swansea
As part of the expansion, Delio will take on a number of highly skilled staff from Finnish digitalisation specialist Gofore, who recently announced the closure of its Swansea operation.
02/12/2020
German Bank to Offer Tokenized Securities Based on Stellar
Investors will be able to purchase tokenized equity using a euro stablecoin that will also be issued by von der Heydt.
02/12/2020
ABN Amro invests €6m in Irish bank tech firm Fenergo
This investment will contribute to ABN Amro’s strategic priority to build a future-proof bank and fight financial crime.
02/12/2020
NR Private Market is now presenting GreenOre Gold to its pool of sophisticated and high net worth individuals
NR Private Market has helped companies raise around £6mln so far
02/10/2020
FNZ Strengthens European Business with Acquisition
The acquisition reinforces FNZ’s pan-European strategy