- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Kneip and Fondsdepot Bank partner to improve data quality in German fund market

Kneip’s Data Collection Service simplifies the collection of fund data and documents right from the source.

Russian Banks Begin Testing Digital Ruble Payments

The monetary authority plans to gradually expand the range of participants to include other financial service providers and types of transactions

ABN Amro Clearing introduces fractional investing infrastructure for commercial clients

ABN AMRO Clearing is pleased to announce a new infrastructure for business clients such as brokers to allow fractional investing by their end clients.

Government backs UK entrepreneurs with tech support and software to help them grow

Help to Grow: Digital scheme launches today to support small businesses with discounted software and free advice.

Clearsteam and EuroCCP launch pan-European post-trade connection

Centrally cleared and settled transactions have been in continuously increasing demand across the globe, providing additional safety to complex cross-border transactions.

corfinancial launches penalty fee management for failing trades under CSDR

SureVu supports complex processes associated with penalty fees management, with a set of management information dashboards that summarise data and priorities.

Bank of Russia calls for all-out ban on cryptocurrencies

High volatility and fraud

Tech giant completes acquisition of Bristol firm

The deal first announced in December - which gives Sage new services for ecommerce customers - has now completed

Transact records best Q1 with £1.3bn net flows

In the 12 months to Q1 2022, net flows have grown 54 per cent, from £840m between October and December 2020.

Greece’s Epirus Bank taps Profile Software to boost risk management

The bank demonstrates a dynamic growth across the Epirus Region aiming at becoming a strong regional bank offering high quality and faster results to its customers and a pillar of growth of the local economy and community.

CBDCs: Here's what every central bank in the world is working on

They would use the same technology but would be backed by reserves.

NatWest Markets sets up blockchain team

NatWest is to formalise its blockchain strategy with the launch of a new digital team in its capital markets business.

Innovate Finance appoints three new non-executive directors

This follows on from the permanent appointment of CEO Janine Hirt, who took on the role of Interim CEO in May 2021 and was appointed as CEO in autumn 2021.

More than half of organizations have gaps in their zero-trust implementations

Organizations Struggle to Consistently Authenticate Users and Devices

No Britcoin crypto: House of Lords says no to digital pound but Bank of England undeterred despite run on cash warning

The committee said that none of the witnesses who came before it were able to make a “convincing case” for why the UK needs a retail central bank digital currency.

BBVA Switzerland expands its crypto offering with the support of Avaloq technology

A key benefit of this solution is that the crypto management system is linked with Avaloq’s banking platforms, alongside other asset classes.

Millions of banking app users exposed to security flaw: HSBC, NatWest, Monzo, Santander, Starling and Virgin Money customers all affected

Six banks – HSBC, NatWest, Santander, Starling, the Co-operative Bank and Virgin Money – let people choose passwords that include their first name and/or surname, the research found.

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