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Global investment in financial technology tripled last year to hit $12.2 billion, with the US market dominating, according to a report from Accenture and the Partnership Fund for New York City.
25 June 2015
Chinese Web giant Alibaba is investing nearly $200 million in China Business News (CBN) as it prepares to move into the financial data and information services industry.
04 June 2015
Morgan Stanley Wealth Management has teamed up with education technology outfit EverFi to launch a web-based financial education programme.
14 May 2015
Australians are relying more on digital platforms to manage their money. ANZ’s latest Adult Financial Literacy Survey found that nearly three quarters of people now bank online, up from 63% during the last 2011 survey.
13 May 2015
Fusion, Switzerland’s first fintech accelerator, is inviting applications from startups across the world to join a programme with the aim of creating a factory for innovation and leadership in Swiss financial services.
08 May 2015
SS&C is to buy Advent Software for $2.7 billion in cash in a bid to capitalise on a growing trend for outsourcing of software and services in the financial sector.
03 February 2015
Hampden & Co, a new UK private bank scheduled to open in the first quarter of 2015, is to use a cloud-based version of Oracle Flexcube as it digital banking platform.
14 January 2015
Indian IT services group Tech Mahindra has agreed a sub-$30 million all-cash deal to acquire niche core banking consultancy Sofgen.
09 January 2015
Morgan Stanley has fired an employee who it says stole data on 350,000 clients, posting some of it online.
05 January 2015
A Singaporean data science company has bagged a S$40,000 prize and a chance to work with one the world's largest banks after triumphing in an Innovation Challenge set by UBS.
08 December 2014
UK wealth management startup Nutmeg has raised $32 million in new capital as it looks to expand its business.
25 June 2014
Technology change and shifts in demographics could pave the way for digital powerhouses like Google, Amazon and Apple to become the next big players in asset management, asserts KPMG.
18 June 2014
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