02/25/2019
Action Fraud warns of £3.2m Instagram investment con
Fraudsters are advertising ‘get rich quick’ investment schemes on the app which promise a high return within 24 hours, says Action Fraud.
FinTech
02/25/2019
Averon and tyntec Join Forces, Announce Global Launch of Direct Autonomous Authentication
Strategic Partnership Provides Seamless, Automated and Real-Time Security Controls for Enterprises in Europe, Asia Pacific, Latin America and Beyond
02/22/2019
Nomura Invests in Venture with Brevan Howard to Build AI-Solutions for the Finance Industry
The Artificial Intelligence specialist is now building trading tools for participants in wholesale financial markets
02/22/2019
Considerations for wealth managers to improve their technology stance
Various industry reports suggest that wealth managers are still lacking in confidence when it comes tackling cyber threats.
02/22/2019
Wealth managers face tsunami of change in digital age
A 2018 survey from fintech firm InvestCloud reported that the investment management industry is drastically under-prepared to cater to the digital needs of the next generation of investors – not only in the US, but also in the UK.
02/22/2019
Interoperability of FinTech firms - Dentons
Today, fintech firms must rely on advance tools for assessing the suitability of credit, financial product and insurance policies, with particular attention
02/21/2019
Firm launches pay-as-you-go digital life insurance
DeadHappy says its applications “take just a few minutes, not hours or days, right through to completion.”
02/21/2019
Iress eyes DFM growth to boost profits
In 2018 results posted today, Iress reported a group revenue of AUD$464.6m (£252.8m), up 8 per cent on 2017.
02/20/2019
FinDatEx platform launched
The joint structure will build on the successful informal collaboration within the European Working Group.
02/19/2019
Liechtenstein’s LGT goes live with Avaloq Banking Suite in Austria
The roll-out complements similar activation projects for LGT with Avaloq in Liechtenstein, Switzerland, Singapore and Hong Kong.
02/19/2019
Baillie Gifford selects corfinancial for global trade processing
Baillie Gifford recognizes the benefits that straight-through-processing and scalability can deliver in helping the firm serve its growing international client base.
02/19/2019
Head of CKV Bank named Belgium's Financial Services CEO of the Year
With over a third of banking customers preferring to do all their banking online and increasing demand for mobile apps, traditional banks are in danger of being left behind if they don't respond to change.
02/17/2019
FSB report: FinTech and market structure in financial services
The FSB defines FinTech as technology-enabled innovation in financial services that could result in new business models, applications, processes or products with an associated material effect on the provision of financial services.
02/15/2019
Belgium’s BNP Paribas Fortis unleashes bank account aggregator
The new approach is in line with our broader ambitions to improve the perception of our users and to offer them new, innovative services that facilitate their daily life, in the context of the new Payment Services Directive (PSD).”
02/15/2019
Block Asset Management Launches Blockchain Multi-Strategy Certificate
The open-ended tracker certificate is listed on the Vienna Stock Exchange (Wiener Borse) and will track the performance of their Blockchain & Crypto Fund.
02/15/2019
Swiss allege woman sweet talked her way to $2M bank scam
They said the woman, who was not identified, was working with an “internationally active group” that also used spam emails in the scheme.
02/15/2019
Top 5 Lessons Private Banks Can Learn From Fintech
There are also several white-label innovations which can be plugged in to private banking platforms
02/15/2019
Axia Suite 2.1 released with new functional features
Axia Suite has now been enriched with new functionalities for risk management & compliance.
02/14/2019
Online mortgage broker secures £7m funding
The system uses artificial intelligence and the concept of natural language understanding to reduce the time it takes to get a decision.
02/13/2019
AI-powered banking experiences
Banks are generally still poor at understanding their customers and their specific needs.