07/04/2018
Standard Life’s robo adviser in regulatory dry run
The FCA said in a statement that it had received 69 applications for the fourth run of its sandbox scheme and has approved 29.
Innovation & Startups
07/04/2018
Irish fintech Fire.com receives open banking authorisation
Company keen to provide new services under second EU services payment directive
07/03/2018
Australian cyber firms show their solutions in the UK
The delegation will engage with regulators, government representatives, investors, start-ups, scale-ups and buyers, as well as visit leading-edge facilities at Hartham Park and the ARK Data Centre.
07/03/2018
UAE to act as 'beating heart' of financial innovation in Middle East
New report says the UAE is ideally positioned to facilitate development of digitally enabled financial solutions for the region
07/02/2018
UAE banking free zone, French innovation cluster sign MoU for FinTech cooperation
As part of the MoU, The Academy, an education center at DIFC, will potentially host an educational program on the latest FinTech and innovation trends
06/28/2018
Military grade Swiss bunker opens vaults to crypto investors
The innovation comes as a growing number of rich people and institutions are investing in blockchain start-ups via initial coin funding ICO crowdfunding schemes.
06/28/2018
Banque et Caisse d’Epargne de l’Etat, Luxembourg to collaborate with CrossLend
The evening event included presentations from PwC, Allen & Overy, Universal Investments and CrossLend. All centred around securitisation under the Luxembourg Law of 2004.
06/28/2018
A new £50m fintech venture fund has launched
The fund has already made its first investment, into home finances management app Acasa.
06/26/2018
Sanlam Multi Manager adopts Charles River IMS
Sanlam’s multi-manager team will have a centralised view for model comparison, with enhanced workflows for greater efficiency, oversight and scalability.
06/22/2018
SEE Link and RBI to enter into strategic partnership
SEE Link is supported by the European Bank for Reconstruction and Development by way of a grant to establish an electronic system for order-routing.
06/19/2018
Korean fintech start-up secures $40m investment from GIC and Sequoia
The funding is GIC's first investment in a start-up in Korea and Sequoia China's first investment in a Korean company.
06/19/2018
Lloyd’s Lab launches global search for tech entrepreneurs
The Lloyd's Lab global talent search, led by applied corporate innovation specialist L Marks, is looking for entrepreneurs, alongside early and growth stage companies operating in the InsurTech space worldwide.
06/19/2018
Thailand Government Pension Fund joins the fast-growing family of Ipreo's iLEVEL clients in Asia
Ipreo welcomes Thailand's largest state pension fund to its growing client base in the Asia-Pacific region
06/15/2018
StanChart to set up new global business services hub in Warsaw
Wall Street banks Goldman Sachs and JP Morgan have said they are also planning to increase their presence there.
06/14/2018
Deutsche Bank Launches eVault Technology to Power Paperless Solution
The repository system relies upon digital tamper-proof seals and has an audit trail that ensures compliance and provides detailed reporting.
06/12/2018
Automation could thin Citigroup's investment banking unit jobs: FT
"We've got 20,000 operational roles. Over the next five years could you make it 10,000?" Forese was quoted as saying in the FT article.
06/12/2018
Citing Vanguard, InvestCloud Expands Its Trans-Atlantic Footprint
InvestCloud looks across the Atlantic in its purchase of London-based tech company rplan. The acquired client engagement provider’s clients include four of the top eight institutional asset managers in the U.K.
06/12/2018
Goldman Sachs is backing a London startup that uses AI to read complex legal documents
Eigen Technologies has raised £13 million from Goldman Sachs and Temasek.
06/10/2018
German startups find fertile ground in Asia
The German government is sending young companies to Southeast Asia to reinvent themselves for new markets.
06/07/2018
Unleashing Africa’s next generation of digital innovators
Digital innovations have the power to solve the continent’s development challenges and are generating new job opportunities