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

Estonia’s oldest bank chooses Token & Icefire for PSD2 compliance

TBB is the oldest commercial bank operating in Estonia.

Cofunds apologises for IT issues with hamper

Aegon’s integration of the Cofunds platform it bought for £140m in 2016 had caused a litany of problems for months, including clients not receiving income payments on time and other IT related issues.

Guernsey continues to drive ILS innovation

The island’s ILS rules proved their worth, as Guernsey structures were tested by various weather events and were proven to function well in paying claims to underlying policy holders.

Russian Ministry of Finance Considers Allowing Cryptocurrency Trading

A bill prohibiting the use of crypto assets as a means of payment in the Russian Federation passed in May of last year.

It's about time banks took East London's trendy, young fintechs seriously

Over the past four years, businesses such as Monzo, Starling Bank and Revolut have upended the traditional idea of a bank.

A chance for the Bank of England to rethink its priorities

This time of transition creates opportunities for finance to serve customers and the economy better

Wealth Dynamix named winners at the UK Private Banker International Awards

The judges were impressed by the WDX1 Client Lifecycle Management solution and its 3 modules

Generali strikes strategic technology partnership with Google

The insurer will also create a new pan-European mobility platform for connected devices and services that will initially be launched in Italy.

SEI Wealth Platform has launched a Costs and Charges reporting service

The new functionality takes advantage of the Platform’s open architecture to gather multi-sourced data, which is then transferred to FinoComp for disclosure calculation and production.

Lloyds first to launch open banking app for credit cards and savings

The new services are available across iOS and Android in all three banks’ mobile apps.

Boris, Brexit and Bitcoin

Bitcoin recently hit a year-long high, and is currently showing stability above the $9000 mark, while sister currency Litecoin has also been soaring.

Willis-backed insurtech Innovisk launches M&A MGA Themis

Winborn added: “M&A transactions are fast paced, complex risks.

Dutch banking giant goes live with Temenos’ WealthSuite

The bank recently selected the Temenos Continuous Deployment product to speed up its software delivery and rapidly launch new innovations.

Augmentum Fintech seeks £30m for Europe expansion

The initial placing, offer for subscription and intermediaries offer may be enlarged to 44.6 million shares or £50 million if there is sufficient investor demand, the company said.

Volante Technologies launches SEPA instant payments as a service on Microsoft Azure for RT1 and TIPS

Managed service approaches are an ideal fit for instant payments,” noted David Bannister, Senior Analyst, Aite Group.

How Monzo and Revolut plan to take on Goldman Sachs and the US banking giants

For optimists, the launch of Monzo in the world’s most competitive start-up market will be seen as a sign of Britain’s edge in consumer financial technology

Insurtech UK teams up with Department for International Trade to lead tech revolution

The UK’s burgeoning insurtech sector is one of the most exciting strands of our financial services industry.

Is it Time to Revisit the Mature, Manual Processing of Corporate Actions?

The present movement towards a modular, best of breed approach to systems has led to the creation of a new generation of cost effective, cloud based corporate actions processing platforms.

Foster Denovo announces platform launch and range of Dynamic Portfolios

The aim of the platform is to allow Foster Denovo Partners and clients to access a variety of tailored investment products, as well as providing an online hub through which portfolios can easily be viewed, monitored and reported upon.

ABN Amro takes stake in financial crime outfit Thetaray

Our investment in ThetaRay strengthens the current operational relationship between the bank and ThetaRay.

FinTech