The Majority of UK Wealth Managers View Artificial Intelligence (AI) as Critical to Shaping Their Future Operations
- 1 month 2 days ago
- Wealth Management
Avaloq’s research, conducted among over 300 wealth managers and 3,000 investors globally, reveals that 87% of UK wealth managers believe AI will be integral to their future work, with the same proportion believing that AI will bring benefits to the wealth management industry as a whole.
Zafin Introduces IO Canvas, A Low-Code Builder, To Redefine Data Integration For Financial Institutions
- 1 month 3 days ago
- Data
Integrating core banking systems with new technology infrastructures has always been a complex challenge for banks, requiring significant developer resources, extensive coding, and lengthy project timelines.
LTIMindtree Strengthens Strategic Partnership With Nexi Group
- 1 month 3 days ago
- E-Commerce
LTIMindtree, a global technology consulting and digital solutions company, today announced a contract extension with Nexi Group, a leading European PayTech provider. This collaboration is set to elevate Nexi’s technology landscape across its core acquiring, issuing, and e-commerce platforms, further solidifying its position as a key player in the digital payments space.
British Business Bank Appoints Co-Chief Banking Officers
- 1 month 3 days ago
- People Moves
The British Business Bank, the UK’s economic development bank, has appointed Richard Bearman and Reinald de Monchy as Co-Chief Banking Officers, with a shared responsibility for all of the organisation’s banking activities for smaller businesses.
Trading Technologies To Offer Clients Access To Cboe Equity Index Options
- 1 month 3 days ago
- Trading Systems
Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced today that it will soon offer clients access to Cboe equity index options, giving TT clients access to the rapidly growing equity options trading space.
Starling Bank Staff Resign Over New CEO’s In-Office Mandate
- 1 month 3 days ago
- Banking
Starling Bank has experienced a wave of resignations after its new CEO, Raman Bhatia, announced a policy requiring staff to return to the office more frequently. Bhatia’s directive demands that employees who had been working remotely or on a hybrid schedule attend the office for a minimum of 10 days per month, marking a significant shift in the bank’s work culture since Bhatia succeeded founder Anne Boden in March 2024.
Cardstream Appoints New CFO
- 1 month 3 days ago
- People Moves
Cardstream, a leading Fintech business, has appointed a new Chief Financial Officer. Gurinder Sumra has joined Cardstream as CFO, with a remit to think the ‘art of the possible’ as the business continues on its growth trajectory.
Wirex Works With Banking Circle To Revolutionize Global Financial Operations
- 1 month 3 days ago
- Banking
Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services. This strategic collaboration is set to dramatically enhance Wirex's financial operations across the globe, empowering millions of users with cutting-edge banking solutions.
QPLIX Has Secured Funding From Tech Investment Firm
- 1 month 3 days ago
- Fundraising News
The founder-led Wealth Tech company QPLIX, a leader in wealth management software for family offices and private banks, has secured funding from tech investment firm Partech via its Growth Fund. The investment of over €25 million will support the company's growth objectives and facilitate the implementation of its international expansion plans. As a result, Partech has become an investor alongside Deutsche Bank, with both holding collectively a...
Wyden Secures USD 16.9 Million In Series B Funding Round
- 1 month 3 days ago
- Fundraising News
Wyden, the leader in institutional infrastructure for the digital asset trading lifecycle, announces the successful closing of its latest funding round, securing USD 16.9 million (CHF 14.5 million). The Series B round was spearheaded by Truffle Capital, a Paris-based global fintech investment firm, with participation from new investors PostFinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and FiveT Fintech, as well as existing investor...
ClearScore Launches Credit Health, A Revolutionary Approach To Accessing Good Credit
- 1 month 3 days ago
- Lending
ClearScore, the leading financial marketplace in the UK, South Africa, Australia, New Zealand and Canada, today announces the launch of ‘Credit Health’, an innovative new platform which redefines how users and lenders can leverage credit and affordability data.
Ecommerce Retailers Urged To Prioritise Payment Security Or Lose Out This Black Friday
- 1 month 3 days ago
- E-Commerce
According to new research released today, almost half of UK consumers (48%) cite concerns about payment security as a key reason for abandoning their shopping at the online checkout. With Black Friday just days away, ecommerce businesses are being encouraged to optimise customer experience and specifically highlight payment security measures, or risk missing out on the opportunity the day presents to increase their sales, attract new customers...
Consumer Research Finds 15% Of UK Consumers To “Buy Christmas Now, Pay Later” This Holiday Season
- 1 month 3 days ago
- Lending
State of Credit research from Marqeta, the global modern card issuing platform, reveals that 15% of UK consumers surveyed will use Buy Now, Pay Later (BNPL) this Christmas, aligning with a growing trend towards online shopping where digital and flexible payment options are more readily accessible.
Klara AI Collaborates With Unlimit To Launch Innovative Fintech Solution For Women In EU, Targeting €1.3 Trillion Female Economy Market
- 1 month 3 days ago
- Financial
Klara AI, a pioneering fintech startup, has today announced a collaboration with leading global fintech company Unlimit. The exciting new partnership will focus on launching a financial solution specifically tailored for women across the European Union.
Revolut Hits 50 Million Customer Milestone Globally on Mission to Build World’s First Truly Global Bank
- 1 month 3 days ago
- Banking
Revolut, the global financial technology company and licensed European bank, has today announced that it has hit 50 million customers globally, with 10 million in the UK.
