IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA – an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
FICO survey highlights evolving identity theft challenges in the online age
A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.
Santander IT infrastructure cloud migration grows as digital move accelerates
Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
UK Chancellor examines case for new ‘Britcoin’ digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.
ECB consultation finds privacy is key in future digital euro
A consultation conducted by the European Central Bank (ECB) found privacy would be valued most in consideration of a potential future digital euro.
US Justice Department investigates Visa over debit card practices
Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
FCA censures Premier FX for breaking payment services rules
A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment...
ComplyAdvantage founder backs TreeCard’s $5.12m raise
ComplyAdvantage's founder has backed TreeCard's $5.12m seed raise, which will be used to continue the development of its wooden Mastercard payment card and its tree-planting scheme.
Biometrics to add $5bn in revenue to banks by 2026
Fingerprint sensor technology could end up adding $5bn in biometric payments to banks around the world's revenues by 2026, according to UBS.