Managers of Wealth Fintech

Fintech valuations fall by half a trillion

Analysis from the Financial Times has shown that the share price of listed fintechs has dripped by 50% so far this year

Revolut surpasses 20 million customer milestone on seventh anniversary

The UK remains the company's biggest market with 4.2 million customers, more than double the two million users in its next second largest market, Romania.

IA calls for greater stewardship are pointless without digitisation

Report will not eradicate issues

Big Bank Tech Advantage Slows Innovation and Decreases Competition

Advanced information technology, investment in automation and the accumulation of proprietary data and insights are allowing the largest financial institutions to dominate the banking ecosystem, argues James Bessen from Boston University.

Active crypto users have plummeted 50%: Bank of America survey

According to the data, only around 33,000 clients transacted crypto for the first time in May, which represents an 87% decline compared to October 2021.

Kuwait-Based Islamic Bank Enters the Metaverse

The bank will also focus on absorbing emerging technologies and artificial intelligence

Designing better APIs for modern treasuries

Building an API is relatively straightforward; building a thoughtful set of APIs on a strong technical platform is challenging and expensive. Goldman Sachs sheds light on their own experience

Amount lays off 18% of staff as fintechs feel economic pinch

Other factors have been impacted too, including share prices and company valuations.

The $200k banking technology jobs remaining unfilled for months

Collectively, banks have a need for thousands of people to work across cloud roles as they transform their businesses.

Renowned "Bubble Predictor" And Founder Of $70 Billion Investment Firm Reveals Why "Dot-Com Crash Was Paradise Compared To Now"

The investor sees just the opposite dynamic today.

The Crypto Crash: all Ponzi schemes topple eventually

Earlier this past week, Bitcoin dropped 15% over 24 hours to its lowest value since December 2020.

Coping with the cost of living: how open banking can build financial resilience

Whilst some consumers are turning to personal finance experts for sorely needed advice, a crucial puzzle-piece is not being spoken about enough: open banking.

BlackRock's Nigel Bolton is betting on banks despite recession worries

Cautious on tech and consumer stocks

Financial Planning releases its annual report on wealth management technology -- The 2022 Tech Survey: The Wealthtech Labyrinth

Survey finds that as technology becomes a necessity in wealth management, advisors are struggling to navigate the increasingly crowded marketplace of product offerings

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