10/31/2019
Nutmeg expands human-led service in ongoing bid for profitability
Nutmeg can boast £1.8bn of assets but saw operating losses for 2018 widen to £18.6m from £12.4 the year before, with increasing regulatory costs cited as a reason.
FinTech
10/31/2019
Contemi Partners With Northrow To Accelerate Client Onboarding For Their Customers
Automated verification and monitoring will accelerate client onboarding and significantly reduce the ongoing regulatory burden for Contemi clients.
10/30/2019
Rise of machine trading forces data providers to pivot
FactSet chief says information sellers are focusing on companies rather than traders
10/30/2019
Backstop Solutions Group launches new AI-powered data gathering offering for allocators
As a result, files become centrally located, displayed, and easily accessible across the organisation.
10/29/2019
World Retail Banking Report 2019
Banks can improve the last-mile experience by addressing customers’ overall financial wellness
10/29/2019
Welsh Fintech Launches Its First-Ever Report Into The Wealth Management Industry
Despite this positive change in attitude, Wealth Managers named regulation, internal resources and expertise as the main contributors preventing them from evolving their offering.
10/28/2019
Objectway Wealthtech Suite Scored Highly Across All Key Areas Of Analysis In Celent Wealth
The research and consulting firm considers Objectway WealthTech Suite a complete front-to-back platform, especially mentioning its CRM, asset class support, and back office functionalities.
10/25/2019
Santalucía AM creates online distribution platform for retail clients
The launch of these two new distribution channels reveals the firm's commitment to make its investment products available through as many channels as possible.
10/25/2019
Nucleus withstands pressures to report 13.1% AUA growth
The firm has continued to invest in its core product with the implementation of new functionality within its customer portal, ‘Nucleus Go’
10/24/2019
Danish challenger Lunar selects Temenos to deliver fraud protection
We believe partnering with Temenos will get us ahead of the curve in financial crime prevention.
10/24/2019
Avaloq joins UK’s Fintech Alliance
Avaloq has seen its UK presence expand significantly over the past two years
10/23/2019
Culture change is the biggest barrier to digitisation
The Wealth Digital Readiness survey polled 14 global wealth management firms, collectively managing over £430bn in assets under management.
10/23/2019
Starling Bank raises £30m amid European expansion plans
Starling has been competing with rivals such as Monzo and Revolut to asset itself as the leader in a pack of startups offering app-based current accounts.
10/21/2019
Fidelity’s search for the technology of tomorrow
Buffeted by falling fees and rising costs, the asset manager is investing heavily in an effort to remain competitive
10/18/2019
Nearly 75% of German Consumers Would Reject Facebook's Libra: Survey
The rejection of Libra among the over 35 age group is significantly higher than among younger consumers.
10/18/2019
Blockchain Startup Backed By Big Banks Ushers In New Era Of Banking
Ram notes that the Fnality platform will not supplant systems that are currently in place for traditional banking.
10/18/2019
Toscafund invests EUR25m in Lemon Way
Lemon Way's target market is booming: B2C, B2B and financial online marketplaces are emerging all over Europe
10/18/2019
Raisin is best continental European fintech on the 2019 FinTech50 Europe ranking
Banking across Europe remains diverse, including in how advanced banks’ online systems are and how they choose to digitize.
10/17/2019
Survey Shows Key Role of Technology in Client Acquisition in Wealth Management
The research shows a clear shift by wealth managers towards a more digital approach to their client acquisition
10/17/2019
Global Fintech Leader Expands Partnership with digitalswitzerland
Building upon its existing, three-year partnership with digitalswitzerland, Avaloq will work even more closely with the organisation