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

Investment platforms can learn from Open Banking

The Financial Conduct Authority (FCA) has responded, finally, to my compendium of transfer issues which so many of you kindly took the time to share.

Earnings of Big Tech companies

The five largest technology companies ‒ Apple, Amazon, Alphabet, Microsoft and Facebook ‒ account for 22 per cent of the S&P 500 Index

Finastra and Salt Edge collaborate to provide a more personalized banking experience

Combined offering provides instant PSD2 and global Open Banking compliance for an open, secure and personalized banking experience

Ethereum to exceed Bitcoin’s value within five years

“Ether is up around 240% this year, while Bitcoin is up less than 38%. In fact, it has outperformed all other benchmark assets in the first half of this year.”

Banks and Financial Brands Can Boost Their Innovation with Labs and Accelerators – How?

In the end, banks and insurers survive or die on their ability to innovate.

Bank of Ghana, German firm collaborate on digital currency

The Ghanaian central bank said in a statement that GD would provide the technology and a solution that suits Ghana’s requirements.

UK fintech Paysafe to acquire e-commerce payment platform SafetyPay for €374.7M: Know more here

In a recent development, the company announced that it has signed a definitive agreement to acquire US-based digital payment platform SafetyPay, for $441M (approx €374.7M) in an all-cash deal.

Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods’ 50th anniversary

The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to discuss Bitcoin.

Digitising Wealth Management in the Post-Pandemic Future

Only cloud infrastructure and services have grown in 2020.

Contemi Enabled a Leading Nordic MGA Achieve Substantial Efficiencies By Automating Guarantee Management

This resulted in higher sales and a competitive edge in the market.

SIX Digital Exchange prepares for next phase of development

As with any infrastructure, success will be defined by scale, and our challenge going forward will be to develop the relationships and partnerships – ecosystem, if you will – that will enable us to offer our clients what they are really lookin

New Group Head of IT to revamp PraxisIFM IT infrastructure

The appointment follows a period of change for the business and several significant acquisitions in recent years, followed by the recent announcement of the proposed sale of its Fund Administration division to asset management Group Sanne.

Leonteq launches its crypto asset offering in Germany and Austria

In this context, Leonteq has entered into a collaboration with ICF BANK AG, Frankfurt for the structuring and distribution of structured products on crypto assets to institutional investors in Germany and Austria.

LHV Bank extended partnership with Nets to continue services in Estonia

LHV employs over 590 people. 282,000 clients use LHV’s banking services, the pension funds managed by LHV have 174,000 active clients, and LHV Kindlustus protects a total of 129,000 clients.

Iress transitions execution management to cloud

The final quarter of 2020 saw a 60 per cent increase in global equity trading volumes compared with Q4 2019 and Iress has seen record trade volumes processed via the EMS since early 2020.

10 Frankfurt-based startups to watch in 2021 and beyond

Not surprisingly, Frankfurt’s ecosystem is specifically strong when it comes to fintech and blockchain innovations.

Objectway Acquires Leading German Core Banking Software Specialist

With this acquisition, Objectway complements and strengthens its Wealth and Asset Management offerings with a solid and comprehensive Core Banking platform.

Abrdn bags AI wealth management firm in first acquisition post-revamp »

Exo Investing offers artificial intelligence powered investment technology, enabling every customer to create a unique portfolio built around their individual goals, risk profile and preferences.

Third of finance firms accelerate use of artificial intelligence to detect money laundering

Financial services firms are stepping up their use of artificial intelligence and machine learning technology to fight increasing money laundering activity

UK 'social bank' startup Kroo raises £17.7m

A tree-planting referral scheme has already been launched, so that every time a customer successfully refers a friend, Kroo plants 20 trees with the aim of creating a forest of a million trees.

FinTech