FCA orders closure of WealthTek, joint special administrators appointed
The FCA ordered WealthTek to cease all operations last week, citing “serious regulatory and operational issues”.
WealthTech
French private bank Milleis completes core banking tech revamp with ERI
Milleis, which stems from Barclays’ wealth management business in France, embarked on the project in 2018.
Rathbones acquires wealth management arm of Investec in £839m deal
The new combined UK entity will have around £100 billion in funds under management.
US saving and investing app Acorns acquires UK’s GoHenry
Together, both firms will now serve over 6 million customers globally.
Banking Technology Magazine April 2023 issue out now
Cover story: TRANSFORMATION INTERVENTION – It’s never too late to recalibrate.
Kiatnakin Phatra Securities taps Temenos for wealth management tech
The Thailand-based wealth management firm will deploy the Swiss vendor’s Temenos Wealth solution.
Survey: Technology trends in wealth management
Share your views in our brief survey and win a £100 / $100 / €100 Amazon gift card!
UBS buys Credit Suisse in government-backed deal
The new business entity will be worth more than $5 trillion, with invested assets worth more than $1.5 trillion.
Banking Technology Magazine March 2023 issue out now
Cover story: FACE OFF – Confrontation can be a good thing.
Northern Ireland renaissance: how US companies sparked Northern Ireland’s global fintech hub
Northern Ireland is the world’s top region for both new software development and fintech inward investment projects.
Euronext in €5.5bn takeover bid for wealthtech Allfunds
Euronext has submitted an “indicative offer” to Allfunds’ board of directors.
Santander reportedly in discussions to purchase Abrdn’s private equity unit
A deal could be made in the next few months with the unit valued at around £250m, Sky News reports.
WealthKernel names Michael Rigby as new chief compliance officer
Rigby joins from Investec Wealth and Investment and brings over 30 years’ worth of experience to the role.
Video: Highlights from the exclusive global launch of Leda Glyptis’ book, Bankers Like Us
Take a look at the highlights from Leda Glyptis’ global book launch.
FNZ to acquire Luxembourg-based B2B fund platform Ifsam
FNZ says the acquisition will strengthen its client proposition and build out its presence in Luxembourg.
Banking Technology Magazine February 2023 issue out now
Cover story: HAPPY DAZE – Banking for cannabis businesses boosted.
Wealthtech start-up Nucoro reshapes its business
“Last year, we decided to reshape the business to be in line with our new strategic imperative,” says CEO.
Wealthtech start-up Equipped appoints Edward Green as CEO
Equipped is a UK-based provider of analytics solutions for alternative asset management firms.
ICYMI fintech funding round-up: Ascendant, Evergreen, Kwara, Pilon & more
Featuring Ascendant, Evergreen, Komunal, Kwara, Pilon, and Sprinque.
Capital markets fintech PrimaryBid names Fiona Richards as COO
Fiona Richards joins PrimaryBid from Rowan Dartington, the discretionary investment arm of St. James’s Place.
FNZ acquires wealthtech start-up YieldX
YieldX’s fixed income portfolio management technology will be integrated into FNZ’s wealth platform.
Aussie start-ups Alii and Bloom raise funds
Alii and Bloom Impact Investing, two start-ups based in Brisbane, have reported cash injections.
UK fintech investment & funding round-up: Alveo, Detected, & London House Exchange
A handy round-up of UK fintechs that are the latest lucky recipients of funding.
Belgium’s oldest private bank Nagelmackers in digital revamp with Objectway
Nagelmackers is implementing Objectway’s platform for its advisory, discretionary, and execution-only offering.
Get recognition at this year’s Banking Tech Awards USA
Nominations for the 2023 awards are now open – apply today!
Video: Highlights from the latest Banking Tech Awards
An incredible evening with nearly 500 guests celebrating the best and brightest in banking technology and fintech.
Mortgage tech firm Twenty7tec acquires Broker Sense and Meet Parker
The deals follow Twenty7tec’s acquisition of fellow UK fintech Bluecoat Software in June last year.
CTBC Bank in banking and wealth management tech revamp with TCS Bancs
TCS says its core system will “support the bank’s growth aspirations over the next decade”.
Bankers like us: there’s no stopping us now
Yes yes yes: I wrote a book! It is written, ready, and will be in your hands in the next few weeks.
2022: Top five fundraising rounds of the year
FinTech Futures recaps the top five fundraising rounds this year.
The What the FinTech? podcast | Season three’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
New CFO at Swiss fintech Crealogix
Christophe Biollaz joins Crealogix on 1 February 2023 and replaces Daniel Bader, who is leaving the firm.
Webinar: From intuition to intelligence – fraud trends every risk leader must know for 2023
Learn how data can reveal prevalent fraud trends and inform fraud prevention and risk management strategies.
New fintech start-up Step Fourth launches in the UK
Step Fourth says its first product offering, Blue Nova, will be ready for deployment in 2023.
Banking Technology Magazine Dec 2022 / Jan 2023 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
Trovata partners JP Morgan for corporate liquidity solution
Trovata will host JP Morgan Asset Management’s Morgan Money investing application.
Moneyfarm set to buy digital pension adviser Profile Pensions
The deal, which is subject to regulatory approvals, is expected to close in H1 2023.
Congratulations to the Banking Tech Awards 2022 winners!
Winners and highly commended of the 23rd annual Banking Tech Awards ceremony.
Wealth Wizards names Ben Hampton as new chief executive
Hampton will take up the role on 1 January 2023, succeeding founder Andrew Firth.
High-performing teams and trust via vulnerability
Trust is earned and not built overnight. It’s a slow process but a few key actions can speed it up.
