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Latest Results from /wealth

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Pensions dashboards programme delayed due to digital skills shortage

According to a recently released report from the National Audit Office (NAO), the UK government’s Pensions Dashboards Programme (PDP) has been delayed due to a lack of digitally skills and incapacity.

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Emirates NBD's Liv explores real-world asset tokenisation

Emirates NBD's digital offshoot Liv is working with B2B alternative asset solutions provider Ctrl Alt to explore the tokenisation of real-world assets.

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SVB Financial to sell VC business, SVB Capital

SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners.

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Q1 sees almost 500 fintech deals

There were nearly 500 fintech financing and M&A deals in the first quarter of 2024, with insurtech, crypto and blockchain proving hot areas, according to data from Royal Park Partners (RPP).

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Goldman Sachs offloads Marcus robo-advisor customers to Betterment

Goldman Sachs continues its retreat from consumer banking, striking a deal to sell its Marcus Invest digital investing accounts to Betterment.

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Retail investment app Midas raises $45 million

Istanbul-based retail investing startup Midas has raised $45 million to roll out crypto, mutual fund, and savings account products to its two million users.

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Hong Kong set to approve first crypto ETF

Hong Kong's financial regulator is poised to give the green light to the first batch of bitcoin spot ETFs.

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Insurers target crypto market

The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.

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SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

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Chase wealth planning tool draws millions of users

JPMorgan Chase says its free Wealth Plan digital money coach has helped customers create more than a million personalised plans in just a year since launch.

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French fintech ditches remittances in favour of DeFi

Tempo France claims it is the the first fintech in the money transfers market to suspend classical remittances in order to focus exclusively on decentralised finance (DeFi).

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Asset managers embracing AI but need to go further - survey

While almost all asset managers are already using artificial intelligence (AI) in their investment process, only a handful are using the tech for more advanced tasks, according to a recently published study.