Artificial intelligence (AI), blockchain and cloud technologies are increasingly appearing on the horizon. This could be exactly what the doctor, or banker ordered given the legal mandates for open banking and General Data Protection Regulation for 2018. These three key technology groups can accelerate the financial services industry move into the digital age:

Wealthsimple, a leading digital wealth manager, continues to make smart investing accessible and low-cost to more people with today's announcement of the company's expansion to the United Kingdom. 

Sofia, Bulgaria—UnitedLex, a global, full-service provider of technology-powered business, legal and cybersecurity services, today announced it is expanding its presence  in the Bulgarian capital of Sofia.  The Bulgarian office currently provides digital contracting services to UnitedLex clients throughout Europe. UnitedLex’s Bulgarian facility is enabled to provide a range of additional legal services including litigation, data privacy, and intellectual property.  The recent addition of 6 attorneys to the Bulgarian office together with plans to add an additional 25 attorne

Icon Solutions, a leading provider of technology solutions and instant payments consultancy, has successfully completed EBA Clearing’s testing procedure for SCT Inst payments – proving full compliance with the requirements of the RT1 infrastructure solution of EBA Clearing and the EPC Scheme Rulebook.

Linedata (Euronext Paris:LIN), the global solutions provider dedicated to the investment management and credit industries, today announced the extension of its 10-year strong partnership with The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure.

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, and TradingScreen Inc. (TS), the leading multi-asset class Execution Management System (EMS) provider, today announce a new strategic alliance.   

Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October.  

Retailers are responding to cyber attacks on average twice a week — this is according to the latest research from Zynstra, an enterprise-grade IT software provider. 16% of retailers said they experienced an attack or attempted attack every day, 11% said they responded 2-3 times per week, and 64% said once a month.