Wednesday, March 29, 2017

Goldman Sachs onboards FinTech robo-advisers developer

Goldman expects that the robos will attract the mass affluent segment. Read more:

House of Fraser pulls out of £29m Tandem investment

UK challenger bank Tandem won’t receive £29m of an investment it previously announced from UK retailer House of Fraser. Read more:

QNB Finansbank’s tablet the right dose for core banking

QNB Finansbank, QNB Group’s subsidiary in Turkey, has developed TouchFinans. Read more:

Stash reaches 500,000 investor milestone

Digital investment advisor Stash announced on Wednesday it has reached the 500,000 investor milestone. Read more:

Starling Bank, a digital-only UK bank, launches beta

Starling Bank, one of a number of digital-only or so-called “challenger” banks in the U.K., is launching a beta. Read more:

Starling Bank strikes money transfer deal with TransferWise

TransferWise will provide money transfer services to customers of digital bank Starling when it launches later this month. Read more:

QNB Finansbank first to launch digital signatures in branches

Turkey-based QNB Finansbank has enabled its customers to use digital signatures for account opening and loans in the bank’s branches. Read more:

Freetrade pockets £1.1m on Crowdcube for stocks app

Stockbroking app Freetrade has smashed through its latest crowdfunding target to secure £1.1m in just 12 days. Read more:

KBC Asset Management in technology modernisation

KBC Asset Management is implementing a new investment book of record platform, Simcorp Dimension, and Axioma’s risk management engine. Read more:

Charles Schwab launches hybrid human-robo financial advice

Charles Schwab launched a service that combines its automated investment management technology with human advisors. Read more: