11/24/2023
UK Funds working group outlines blueprint for tokenization
Asset managers are eyeing tokenization activities in other jurisdictions and the potential massive cost savings from tokenization.
FinTech
11/24/2023
UK regulators give green light to fund tokenisation
The UK government’s asset management task force has published a blueprint for the implementation of tokenisation for FCA-authorised funds.
11/23/2023
Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January
The bank will start its crypto services to customers in Vienna in partnership with Bitpanda.
11/23/2023
Bite Investments launches a disruptive wealth management feature for alternative asset managers
Alternative asset managers are increasingly looking to the wealth management market due to its substantial size and current under-allocation to alternatives.
11/22/2023
Pension Insurance Contribution selects Finbourne for data management
The solution will enable PIC to consolidate private asset, ESG, market, reference, pricing, analytics, ratings and trading data from multiple sources into a single view, streamlining operational processes.
11/21/2023
SEI Completes Acquisition of National Pensions Trust
Acquisition Underscores Commitment to Institutional Markets and Providing Members Stability Amidst Industry Consolidation
11/17/2023
Commerzbank will realize AI Banking Avatar
The banking avatar is a virtual assistant in form of a digitalized person that interacts with customers in natural language.
11/15/2023
Standard Chartered partners with FundsDLT for blockchain-based transfer agency services
By leveraging FundsDLT's streamlined "front-to-back solution", Standard Chartered aims to offer asset managers enhanced digital capabilities for improved client servicing.
11/10/2023
Lloyds Bank issues urgent warning over rising threat of crypto scams
The number of cryptocurrency investment scams reported1 by victims so far this year has risen by 23%, compared to the same period in 2022.
11/09/2023
Robert Mace recognised in Citywealth’s Top 50 Crypto Professionals
The annual listing recognises expert advisers within the crypto and digital assets industry.
11/09/2023
Performativ Secures €5.5m to Transform Europe’s Underserved Wealth Management Sector
Performativ has rapidly emerged as the premier choice for the European wealth management sector, offering a game-changing core operating system that empowers financial firms to navigate the future on a scalable infrastructure.
11/09/2023
Barclays warns of 22 per cent surge in Black Friday scams
Purchase scams, where people buy goods which never arrive or aren’t as advertised, resulted in shoppers losing £970 on average over last year’s Black Friday period1.
11/08/2023
AI Fintech Black Ore Raises $60 Million With Eye Toward Accounting, Wealth Management
And earlier this year, Paris-based Mistral AI raised $113 million in its first funding deal.
11/08/2023
Pimfa launches AI microsite for members
The members use AI tools for a number of purposes
11/08/2023
Platform One partners with UK pension provider on white-label platform
Offering the full range of the provider’s pension products
11/07/2023
Early adopters look to cash in on AI hype
With the release of ChatGPT and Google Bard, hype has quickly grown around a ‘generative AI renaissance’ that promises endless possibilities for early adopters.
11/07/2023
Syz Capital with operating partners Saturnus Capital take majority stake in digital marketing pioneer Capture Media
Backed by the Syz family, and in close partnership with Saturnus Capital, Syz Capital will deploy a strategy to expand Capture Media’s pioneering and highly differentiated offering in the DACH region.
11/07/2023
NatWest and IBM Collaborate on Generative AI Initiative to Enhance Customer Experience
This provides the bank with opportunities to collaborate with specialist industry leaders, like IBM, and work together on cutting edge, emerging technologies to deliver what matters most for customers.
11/07/2023
Italian BNPL startup Qomodo raises €34.5m in pre-seed funding
Qomodo is positioned as a "simplifier" that enables retailers to expand their businesses by ensuring immediate, secure, and transparent collections
11/06/2023
Expenses firm Navan launches bank partnerships across Europe
Combining AI with expense management, the fintech acts as the link between banks and businesses to centralise expenses