Latest Wealth management News: Finextra Research

Video conferencing startup Aveni raises £520k

Scottish fintech startup Aveni has raised £520,000 for its video conferencing-based AI technology.

03 June 2020

Swiss financial software house Appway raises $37 million

Appway, a Swiss firm that provides software to boost digital transformation programmes for banking clients, has secured a $37 minority investment from Summit Partners.

02 June 2020

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Coinbase to pay UK and EU customers 5% ‘interest’ on crypto holdings

Coinbase has announced it is to start offering staking rewards to its customers in the UK and certain EU countries, which could offer around 5% interest on the Tezos they hold in their wallet.

28 May 2020

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Citi's Tony McLaughlin on CBDCs, Libra and bitcoin

Tony McLaughlin of emerging payments and business development at Citi tells Finextra TV of his soft spot for bitcoin as an alternative investment, but points out the inefficiencies that still afflict the cryptocurrency.

19 May 2020

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Is it time to believe the blockchain hype?

Finextra Research has collaborated with Deloitte's Richard Walker, HSBC's Mark Williamson and Ciaron Roddy and BBVA's Francisco Maroto amongst others and to produce a detailed report on the future of blockchain technology in financial services: Where is the industry now? Where could it go? How do we get there?

12 May 2020

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UBS to apply for Chinese digital banking licence

UBS is to apply for a digital banking licence in China with the aim of reaching 200,000 mass affluent clients within two years.

12 May 2020

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Swiss banking digital wave will be driven by targeting underserved segments

Switzerland’s major incumbents have made sizeable investments in their digital propositions in recent years meaning the newcomers must offer something different in order to stand out.

06 May 2020

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Alpian raises CHF12.2m for digital private bank

Swiss startup Alpian has raised CHF12.2 million in a Series A funding round for the creation of a digital-first private bank aimed at the country's mass affluent market.

06 May 2020

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SS&C agrees $120m Innovest Systems takeover

SS&C has struck a deal to buy wealth management technology outfit Innovest Systems for $120 million in cash and stock.

01 May 2020

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Northern Trust tapping data transparency and ESG to navigate volatility

American financial holding company Northern Trust’s head of front office solutions, Melanie Pickett, tells Finextra Research about some of the complexities in delivering reliable data analytics to institutional clients, which are of even greater importance during periods of volatility such as now.

30 April 2020

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Wealth management app ikigai readies for launch

As it gears up for launch, London-based wealth management and banking app ikigai has enlisted the help of regtech platform TruNarrative.

28 April 2020

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Robo-advisers are facing their first major downturn

The expected global recession brought on by the Covid-19 pandemic will prove a stern test for robo-advisers that have attained a healthy degree of popularity in recent years.

22 April 2020

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