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Latest Results from /wealth

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Archax and Assetera partner to offer tokenised real-world assets

Digital securities distribution platform Assetera and digital securities exchange Archax have joined forces to offer investors access to tokenised real-world assets - including money-market funds from abrdn - in Europe.

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EIB announces plan to boost funding for European fintechs

The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.

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Fintech Australia backs government's scam prevention plan

The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.

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Big tech and banks fall out over compensation for fraud victims

A war of words has broken out between banks and big tech firms over who should be primarily responsible for reimbursing victims of fraud.

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AI set to revolutionise wealth management operations - survey

Artificial intelligence is set to revolutionise the wealth management industry, with nine in 10 investors believing the technology can used effectively for researching financial products and service.

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Ireland to grant National Cyber Security Centre emergency powers

Proposed legislation is set to give Ireland's cybersecurity agency the power to monitor all of the country's internet traffic when there is a "pressing national security threat".

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Australia launches initiative to address tech talent shortage

The Tech Council of Australia (TCA) has launched a initiative designed to address the battle for tech talent.

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Bank of England to form AI consortium

The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.

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Wealth managers failing to meet clients' tech expectations

Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.

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Soc Gen strikes digital assets partnership

French bank Societe Generale has announced a collaboration with crypto custodian and broker Bitpanda designed to accelerate the adoption of digital assets.

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BlackRock joins Fintech Scotland

The world's largest asset manager, BlackRock, has announced its membership of Fintech Scotland, the promotional for the country's fintech sector.

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Fidelity and Abrdn join new investment platform trade body

Facing increasing regulatory scrutiny, Abrdn, Fidelity and SS&C have joined a new UK trade association for investment platforms.