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Latest Results from /wealth

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Blockchain to become 'beating heart' of financial system

Blockchain technology will fundamentally alter the way financial institutions do business, according to a report from the World Economic Forum.

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ING launches pocket-sized personal financial advisor

ING is to provide customers in Spain and the Netherlands with a 'financial advisor in your pocket' through the launch of a new mobile app dubbed My Money Coach.

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Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

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Standard Chartered launches global video banking push

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

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Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

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Credit Suisse takes private banking into the digital age

Fifteen months on the from the initial roll out of its digital private banking platform in Singapore, Swiss bank Credit Suisse is launching an upgraded version for high net worth clients in Hong Kong.

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Wealth managers must up digital game to fend off fintech threat

With up to half of their net income at risk due to poor digital capabilities, wealth management firms will need to explore partnerships with fintech upstarts to ensure their long-term success, according to a report from Capgemini.

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Rabobank to build online P2P platform linking private banking customers with SMEs

Rabobank is to run trials of P2P lending, connecting high net worth customers with businesses in need of financing.

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Former Merrill men launch cash management startup

Two former Merrill Lynch directors have launched a fintech startup that aims to revolutionise the way high net worth clients manage their cash deposits.

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Asset owners and managers not ready for blockchain

More than half of asset owners and managers think that blockchain will be widely adopted in the investment industry in the next five years, yet many admit they do not know enough about it and hardly any have begun experimenting with the technology, according to a State Street survey.

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Standard Chartered revamps mobile and online channels for African push

Standard Chartered is rolling out a new mobile and online banking service to serve one million clients across eight African markets as part of a three-year $1.5 billion commitment to a digital future.

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Big banks join $40 million SigFig round

San Francisco-based robo-advisor SigFig has raised $40 million in a new financing round that includes investment from UBS and the fintech venture fund of Spain's Banco Santander.