07/20/2018
Hackers Breach Russian Bank and Steal $1 Million Due to Outdated Router
The router had tunnels that allowed the attackers to gain direct access to the bank’s local network
FinTech
07/19/2018
Wealth managers call for clampdown on cryptocurrencies
The leaders among the UK's new breed of digital wealth managers are worried about retail punters trading bitcoin
07/19/2018
Advisers urged to have platform failure back-up plan
It came after the problems faced by Visa, TSB, Aegon and Aviva, which all saw technology failures preventing them from offering their full service.
07/19/2018
Openwork working with Zurich on robo platform
He said advisers' clients often wouldn't be advised on all their assets and would often have savings on one side which they managed themselves.
07/19/2018
Profile Software upgrades Axia 2.0
Through the long standing partnership with Microsoft, Axia, the upgraded investment management platform has gone live using Microsoft Azure PaaS and IaaS resources.
07/19/2018
Silicon Valley Bank hits $100m investment target in Ireland
Bank has committed $200m to Republic’s innovation sector since 2012
07/19/2018
JLT snaps up robo-adviser
Moola will become a core offering on Benpal, JLT’s rewards and benefits platform, as well as continuing to be accessible through the www.moo.la website and other channels.
07/18/2018
deVere CEO: Crypto is ‘undeniably’ mainstream as watchdog backs Bitcoin
Mr Green comments: “Cryptocurrencies are the future of money and they are already undeniably part of mainstream finance.
07/18/2018
Report: Fintech Firms in France Raise Record €200 Million Since January
Lendix has experienced rapid growth as it has successfully expanded its operations across Europe.
07/18/2018
RBS’s NatWest joins blockchain project for trade finance
Banks that offer trade finance have been among the first to adopt blockchain in the day-to-day running of their business
07/17/2018
Online wealth manager Tiller launches
The platform is powered by SEI investments’ comprehensive operating platform designed to support sophisticated wealth managers and private banks.
07/16/2018
Binance, Crypto Investors to Launch a Bank in Malta
The future Founders Bank will be based in Malta, the island nation that has established itself as a crypto-friendly destination.
07/16/2018
Robo-adviser focused on B2B business launches
We are professional investors who saw an opportunity to embrace technology
07/13/2018
UniCredit Joins European Banks In Launching Live Blockchain-Run Trading Platform
The platform is a joint-venture, with banks including Deutsche Bank and Rabobank joining UniCredit to provide access in eleven European countries.
07/13/2018
Ascentric hit by payment problems after upgrade
The issue at Ascentric is just the latest to afflict the platform industry
07/12/2018
Comdirect offloads ebase to FNZ for EUR151 million
Significant transaction to accelerate FNZ’s goal of being the leading provider of B2B wealth management platforms in Europe
07/12/2018
UK blockchain startup launches equity crowdfunding round
Retail investors can invest in the pitch on Crowdcube for an equity stake in BABB Group.
07/12/2018
Smith & Williamson to overhaul technology before float
The financial resources are certainly there for us to do the technology upgrade properly
07/11/2018
Smith & Williamson selects Avaloq
This is supported by an absolute commitment to serving clients in a personalised manner and via a single, senior point of contact.
07/09/2018
Mould-breaking robo secures major fund firm backing
Moneybox enables users of its app to round up the price of everyday transactions to the nearest pound and then puts the contribution into an investment account.