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.
FinTech
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
10/16/2019
Profile: Latest developments recognised in international publications
Profile appreciates the recognition these awards provide to further support its efforts to deliver competitive services to its growing clientele.
10/16/2019
Santander Follows Goldman Sachs With Bet on Berlin Fintechs
Foreign investors like Santander have recently increased their bets on German fintechs.
10/16/2019
ABN AMRO to secure online purchases with Apple Pay
Customers, through the utilization of Apple Pay, will receive rewards and benefits offered by the bank’s credit and debit cards.
10/15/2019
Union Bancaire Privée onboards a new technology-focused equity long/short strategy on its alternative UCITS platform
Having successfully managed our technology-focused long/short strategy for 16 years now, we are excited to extend the offering to the broader UCITS audience and contribute to the diverse product offering that UBP’s platform provides.
10/15/2019
Blankstone Sington Goes Live on Wealth Intelligence’s Allfunds Platform
Blankstone Sington already used the WIN platform, including its capability to automate the order management process.
10/15/2019
Wirecard’s suspect accounting practices revealed
FT Investigation: internal documents from the payments company point to a concerted effort to fraudulently inflate sales and profits
10/13/2019
Revolut targets $1.5bn to join fintech elite
The UK-based digital payments firm has hired JP Morgan to help it sell new shares and a convertible loan, Sky News can reveal.
10/11/2019
Raiffeisen Bank rolls out mobile payment app
The bank is also using Antelop’s Visa VTS and Mastercard MDES certified Issuer TSP Hub to offer Apple Pay to its customers in Slovakia.
10/11/2019
Wealth managers battle to make it Appen
A meaningful app offering is no longer just ‘nice to have’, but an increasingly serious business channel.
10/10/2019
What can we learn from Sweden, the ultimate cashless society?
The same period has seen ATM withdrawals fall by more than half.
10/10/2019
Platform costs could go up as tech firms merge
Pershing, another firm, accounts for 1 per cent while the other 24 per cent of assets under management are held on platforms which have their own in-house technology.