Managers of Wealth

When Robos Go Bad

Tom Baker, professor at the University of Pennsylvania Law School, says robo advisors are not immune from conflicts of interest.

Adapting new technologies, firms challenged to keep it simple

The drive for simplicity is also rippling into how the industry adapts to the ongoing fintech revolution.

Swiss Fintech Giant Cuts a Third of its Jobs

The firm is a global distribution platform for banking products, a super market for customers of retail banking services ranging from loans to car insurance and funds.

Avaloq report cites failure of digital banking to impress some clients

A study within the paper also puts the spotlight on clients’ views of robo-advisers.

Here are the 50 hottest fintech firms in Europe right now

One of its prominent clients is the OakNorth challenger bank which is aimed at entrepreneurs.

Wealth firms ‘unprepared’ for game-changing data regulation

Most wealth managers are unaware of the need to prepare for game-changing new data protection rules coming into force in less than a year’s time according to two industry consultants.

NAB private banking in alliance with Israel's OurCrowd

The deal was announced during an Australia-Israel Chamber of Commerce's women leaders delegation in Israel, that was attended by NAB Private executive general manager Christine Yates.

Anti-Money Laundering and AI at HSBC

HSBC saw past this false choice and transformed its AML process using enterprise grade AI.

Would you take financial advice from a robot at your bank?

It added that customers will be given their costs in a pounds and pence figure.

The rush to digital banking has failed to impress some clients

The paper highlights the banking industry’s rush to digitisation, which has left some clients feeling overwhelmed by features and banks undertaking digital projects ‘in the dark’ with no concrete strategy.

Digital with a human touch

This person, being accustomed to how quickly we can access information in today’s world, also expects to access the information immediately without logging into various systems

PlaySight Announces Investment from Verizon Ventures and Greg Norman

Strategic Partnership Will Aid in Global Expansion and Introduce Revolutionary Technology in Golf and New Sports Verticals

ACOLIN InfoTech AG launches new publishing platform

ACOLIN is accessing a new market segment and expands its service package for asset managers by the addition of another important building block.

Cash Is Dead, Long Live Cash

The march toward a cashless society, it seems, is unstoppable. Young people especially, as well as the better off and better educated, are increasingly at ease paying by card or mobile phone.

Wealth Managers' Big Data projects often fail due to poorly planned implementation strategies

Financial providers have looked for ways to leverage the power of Big Data by implementing new digital ecosystems intended to take advantage of increased data volume.

UBS' Zeltner Is Set to Complete IT Project

The integration of the basic infrastructure generated an enormous advantage in terms of costs, Zeltner said.

Banking On Wealth Tech

Several banks and global wealth management firms have made co-investments in wealth tech.

Banking On Fintech: Where Incumbents Are Making Investments In Wealth Tech

Top firms are making bets in wealth tech including Goldman Sachs, JP Morgan Chase, Blackrock, and others.

WeChat users can now buy luxury fashion goods through the app

Louis Vuitton and Dior brands are reportedly testing demands for their products through flash sales on the app.

40,000+ downloads of e-money app deVere Vault by end of 2017

Nigel Green, the founder and CEO of deVere Group, comments: “Our extensive market research and our 15 years’ experience of offering cross—border financial advice to internationally-mobile individuals, globally-focused firms and expats in

FinTech