Managers of Wealth Fintech

Moneyhub Research Highlights Customer Dissatisfaction with Digital Financial Services

The report also revealed that 36 per cent of customers believe open banking could positively impact the quality and range of available products

UK data breach costs soar

Financial services experienced the highest costs, followed by professional services and technology sectors, each averaging over £5.4 million per breach.

Study reveals support from institutional investors and wealth managers for tokenisation is building but distribution remains a concern

The study with organisations invested in the digital assets sector found 75% expect more fund managers to look at the potential for tokenisation

US fintech Coast bags $40m Series B for product, partnership and team expansion

The fintech says it seeks to mitigate the “major challenge” of expense management for the nearly one million businesses in the US that operate vehicle fleets.

Banks and payments hit by global Microsoft outage

The outage has hit banks, with Lloyds in the UK and South Africa's Capitec among those reporting issues.

Trending: Earnings Season Set to Spotlight Digital Banking

Drilling down a bit, the total average days tied to those activities stood at more than 10 days for online banking and more than 11 days for mobile banking.

‘Enhanced Transparency and Money Management’ will define banks of the Future says JN Bank Executive

He said banks are focusing on being adaptive to customer needs, which means traditional branches may still exist years from now, even with the push towards remote accessibility for products and services.

The Next Phase of the Fintech Revolution: Inside the Disruption and the Challenges Facing Banking

The most important theme right now is the implications of generative AI for financial services and, not least of all, retail banking.

Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA

She graduated from AGH University of Science and Technology and IESE Business School.

Now is the time for banks to embrace Corporate Digital Identity to tackle application abandonment

C-suite executives are becoming increasingly dissatisfied with their current banks KYC process.

Majority of UAE Residents Confident in Finances, Visa Finds Knowledge Gaps

More than half of respondents across all age groups report confidence in their financial situation, with a significant majority actively monitoring their finances and setting long-term financial goals.

How Are Evolving FinTech and Bank Partnerships Recapturing the $530 Billion MSME Credit Market

This new era of collaboration between FinTech and banks has shifted from competition to cooperation, with over 65% of FinTech CEOs prioritising partnerships.

Why fintech upstarts have failed to unseat UK banks

The company, barely three years old at the time, also set a “long-term goal” of reaching a billion customers worldwide.

One year in: Lessons learned in scaling up generative AI for financial services

The arrival of gen AI has been an intense ride. With a year of experimentation by financial institutions in hand, two of McKinsey’s experts on gen AI in banking share key learnings to scale and deploy programs more effectively.

Tech theme will broaden in last half of 2024

Payment services and networks are also essential parts of the technology stack for e-commerce and omnichannel retail.

How banks are employing quantum computing

Because cyber risks are consistently top of mind for banking executives, “using quantum to fight quantum” is the most prominent application currently, said EY’s Jan Bellens.

What Will Become of Palantir in Switzerland?

Palantir was already on everyone's lips when Artificial Intelligence (AI) was still a foreign concept to most.

Landmark Broadridge Study of More than 40 Million U.S. Retail Investors Highlights the Dramatic Shifts in How Americans Invest

The rise of younger investors and self-directed investing has led to asset managers, broker-dealers and advisors evolving their practices to better serve a more diverse class of investors across generations.

No Easy Bets Except maybe in Tech

April retail sales growth too fell short of expectations, and downward revisions to previous months’ data added weight to the concerns surrounding consumers’ spending power. 

IFC Insights

Artificial intelligence and other technologies are rapidly shaping all sectors, from health and trade to transport and manufacturing.

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