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.
MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures
The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.
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.
Ikano taps TruNarrative to support global fraud prevention strategy
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.
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.
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.
EU regulator cautions retail investors following the GameStop chaos
The EU's financial markets regulator has urged retail investors to be cautious following the GameStop chaos.
