08/24/2018
D2C platforms under threat from open banking
The consultancy said the threat was highlighted by the growth of wealth management apps, which allow consumers to see all their finances in one place.
FinTech
08/24/2018
Deutsche Bank buys stake in Modo to expand payments biz to non-bank platforms
Deutsche Bank says that Modo's technology will help it expand its existing digital B2B and B2C payments business.
08/24/2018
Robo consolidation on the horizon as more firms enter market
Paolo Galvani, chairman of Moneyfarm, which has assets under management of about £400m, said he was "surprised" at the number of robo-advisers which are still coming to market.
08/23/2018
Five tech risks wealth managers can turn into opportunity
Wealth managers need to look at ways of embracing technology rather than viewing it as a threat
08/22/2018
Deposit Solutions raises $100 million to speed open banking for retail deposits
Venture funders establish a $500 million valuation for German fintech, betting that rapid growth in open banking is now inevitable and will transform the financial landscape.
08/22/2018
National adviser rolls out robo-advice
The adviser will aim to further reduce these costs by rolling the technology-led service out more widely.
08/22/2018
Despite Brexit uncertainty, the UK FinTech industry is still attractive to investors
UK FinTech investment in the first half of the year beats funding levels from H1 2017
08/21/2018
Link Asset Services investment boosts Dublin start-up Leveris
The start-up has built a software system for banks to offer retail and lending services online.
08/20/2018
Digitising financial services still in early stages
This is important in the sense that acquiring clients has become more challenging and costly as competition increases.
08/17/2018
A German fintech startup backed by Peter Thiel has raised $100 million
Deposit Solutions has raised $100 million at a $500 million valuation.
08/16/2018
How Barclays are banking on a new breed of tech workers
Chief information officer Graham Bastin says Manchester is key to the bank's future
08/16/2018
Société Générale to introduce biometrics to French banking
With the news, the bank has set a target of increasing the amount of new accounts opened by 2020 by 30%.
08/15/2018
Robo-adviser launches ethical portfolios
Wealthify’s five ethical portfolios use active funds from providers such as Edentree, Liontrust, Royal London, iShares, and Vanguard.
08/15/2018
UK startup, Capital On Tap secures £140 million in debt funding
Capital On Tap is not publicly disclosing its valuation but it has now raised over £30 million of equity and £200 million of debt to date.
08/15/2018
First Direct takes the lead as banks now have to say if their own customers would recommend them
They will also have to send reminders to their customers when they make changes such as closing local branches or hiking charges.
08/10/2018
German banking startups, stalwarts betting on artificial intelligence
Machine learning will make banking easier before it makes it better, say German fintechs and banks.
08/08/2018
Standard Life to make advice tech available to all IFAs
Barry O'Dwyer, chief executive of Standard Life, said the process was part of the company's plans to grow 1825 and it is currently testing how much of the advice "journey" can be digitised safely.
08/08/2018
Coming of age digitally
Learning, leadership, and legacy
08/07/2018
Iress opens software labs to users
IRESS Labs is starting with a focus on XPLAN, with 75 firms having already participated in development experiments to date and co-designed functionality already released.
08/05/2018
Netherlands Central Bank: We Don't Consider Cryptocurrency to be Money
The central bank of the Netherlands has issued new comments on cryptocurrency this week, continuing a popular narrative from the banking sector that it is “not money.”