Company News

UBS is reportedly looking to sell its digital wealth management platform SmartWealth to personal finance app SigFig.

Willis Towers Watson has partnered with InsurTech firm Indeez to distribute its insurance products for independent workers using digital platforms in Asia Pacific.

Admiral and Google Cloud have entered into a strategic partnership aimed at revolutionising the digital landscape of financial services in the UK.

Markus Braun, the former top boss at disgraced FinTech giant Wirecard, has been arrested for a second time in Munich for his alleged role in a multi-year fraud.

Lloyds Bank has appointed ex-ING chief technology officer Ron van Kemenade to the role of chief operating officer.

Canada-based electronic market for institutional investors CanDeal has revealed an ownership restructuring.

Cybersecurity company SnapAttack has secured $8m from a financing round led by Volition Capital.

Ai for Alpha, a leading FinTech firm specialising in leveraging machine learning for advanced investment strategies, has announced the integration of Gen AI into its asset management models.

Things look to be going from bad to worse for UK challenger bank Monzo. After suffering a 40% down round in June, the bank has now revealed its annual losses have doubled due to the pandemic.

A study by the European Central Bank (ECB) has found that while cash is the most commonly used form of payment, electronic payments are quickly catching up.