Dolfin, an independent and agile wealth management platform, has appointed Richard Webb as Head of Technology. In the newly created role, Webb will oversee Dolfin’s technology and infrastructure strategy and lead the development of its digital wealth management offering.

The securities servicing industry may be near a tipping point in adopting Application Program Interfaces, or APIs, as firms pursue improved efficiency and new business models.

A new report published today by SWIFT and the Boston Consulting Group found that API interest is rapidly growing in the post-trade area. Over the course of 2018 alone, awareness of APIs among asset managers increased 26 percentage points to 72%, according to a BCG survey. The growing commercial interest is driving more pilot schemes and use cases, particularly between asset managers and their custodians.

The FCA annual report is out and it’s not just Brexit under the microscope. As expected, operational resilience continues to be an area of concern, building on the issues raised in their business plan of 2019/2020 in April. It’s clearly an area they feel deserves more attention. And it’s not just the FCA, other regulators have all raised similar such as European Securities and Markets Authority (ESMA), Luxembourg Commission de Surveillance du Secteur Financier (CSSF); and Central Bank of Ireland (CBI).

With Thales’s new Gemalto Digital ID Wallet, governments will issue a secure digital version of official documents including identity cards, health cards and dri

Positive Technologies has today announced that researchers Leigh-Anne Galloway and Timur Yunusov have discovered flaws that allow hackers to bypass the payment limits on Visa contactless cards. Positive Technologies tested the attack with five major UK banks, successfully bypassing the UK contactless verification limit of £30 on all tested Visa cards, irrespective of the card terminal. The researchers also found that this attack is possible with cards and terminals outside of the UK.

Linedata (Euronext Paris: LIN), a global provider of lending and leasing, and asset management technology, data and services, announced that Copper Street Capital LLP, a leading UK-based global alternative investment firm, selected Linedata’s comprehensive portfolio management and compliance solution, Linedata Global Hedge. Implementing Linedata’s solution empowers Copper Street to capitalize on new business opportunities, through access to real-time data, optimized operations and strategic oversight of its investment process. 

Al Ahli Bank of Kuwait has partnered with EdgeVerve Systems, a subsidiary of 

Sberbank has personalised the menu of its ATMs. Now, after a client enters their PIN code they will see a main screen that features the options they have used the most in the past, as well as relevant personal offers from the bank.

In particular, the system suggests the amount the client should withdraw based on their past cash withdrawals and even wishes them a happy birthday and offers a present.

This new feature is available on 44,000 Sberbank ATMs. By the end of 2019, it will be available on all of the bank’s self-service devices that have touchscreens.

Bitstamp, Europe’s largest cryptocurrency exchange, and BCB Group, one of the world’s leading global digital asset prime brokers, today announced a new partnership that will enable investors from the UK to transfer GBP directly to and from their Bitstamp accounts.

Through this partnership, Bitstamp will be able to support deposits and withdrawals directly in GBP, providing increased efficiency and reduced costs for clients. The new GBP service will be available to Bitstamp’s customers by the end of the year.