Technology

Jersey-based fintech Phundex has announced its third release of 2022, just one month after its second release of the year.

Temenos has launched an ESG investing service, aimed at helping banks and wealth managers meet the growing demand for sustainable investing.

Wealth management platform FNZ has appointed Alastair Conway as chief executive for the UK & South Africa.  

Josh Smith, chief executive and co-founder of VRGL spoke to Isabel Baxter about the introduction of artificial intelligence and machine learning technology in the wealth management sector. 

It isn’t just growth-oriented London-listed investment companies, such as Scottish Mortgage Investment Trust plc., that have fallen in value by around 50 percent over the past six months. Bitcoin, the best-known cryptocurrency, has experienced a similar fall as has Etherium.

Digital investment platform Scalable Capital, Europe, has launched eight new investment strategies in its digital wealth management service.

HM Treasury has announced plans to bring stablecoins within regulation, paving the way for them to become a recognised form of payment.

Cyber incidents reported to the UK’s Financial Conduct Authority (FCA) up over 50 percent according to Picus Security FOI analysis 

The Prudential Regulation Authority (PRA) has written to the chief executives of banks, insurance companies, and designated investment firms to establish their appetite for crypto assets.

HSBC has claimed to be the first bank in the UK to launch a video call support feature as part of its online advice service.