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Financial Services news in the UK | Page 8
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No news found.
FinTech sector sees venture capital pull back from angel/seed rounds
FinTechs have seen total investment coming their way from an array of sources decrease significantly, falling from from $47 billion in 2015 to $25 billion last year.
28 February 2017
Insurer Alecta hires CGI to modernise its IT capabilities in five year contract
Alecta, a Swedish insurance firm, has appointed CGI as its IT modernisation vendor. CGI will deliver a range of IT related services, for the five year contract valued at around €33 million.
28 February 2017
Blockchain set to become mainstream in financial services arena
Nine out of ten executives in the financial services sector say that by 2026 blockchain will be a mainstream part of strategies and operations.
15 February 2017
Consumers trust digital operations of banks, yet a reality check may be looming
Banks continue to be widely trusted by consumers to be secure and good stewards of their most intimate information.
13 February 2017
Blockchain technology can help banks redesign their banking processes
Blockchain based technologies have the potential to disrupt the financial services industry, as reported by a host of industry independent players.
09 February 2017
FinTechs in asset management and capital markets are gaining share
The FinTech scene in the asset management and capital markets space is, as it stands, relatively small, with the majority of focus for FinTech development going to the retail and corporate banking segments.
07 February 2017
Morgan Stanley executive Karen Jamesley joins Korn Ferry Hay Group
Korn Ferry Hay Group has appointed Karen Jamesley, formerly an executive at investment bank Morgan Stanley, as a Senior Client Partner in the firm’s Executive Pay & Governance practice.
03 February 2017
New Capgemini incubator matches FinTechs with corporates
Capgemini has developed a new initiatives to better support financial services players work together with FinTechs.
02 January 2017
The growing need for collateral management at buy-side banks
Collateral management is already an important consideration for sell-side banks but many asset managers have not put in place adequate arrangements, writes Delta Capita’s Jonathan Adams.
21 December 2016
Insurance companies can leverage digital to improve customer loyalty
Insurance companies find it difficult to interact with their customers, with few opportunities outside moments of cause.
20 December 2016
Traditional banks looking to leverage FinTechs as innovation pathway
While nearly half of executives in financial services see FinTechs as a 'significant threat', three quarters believe that they at the same time offer opportunities for partnerships.
19 December 2016
FIS launches FIS HiPo Network: early stage FinTech network
To support its clients access strong startup propositions in the financial technology space, FIS has launched its own network for ‘high performance’ FinTechs.
14 December 2016
Corporate Venturing gaining market share in FinTech landscape
While venture capital invested into FinTech companies has been slow in recent quarters, in line with a broader slowdown in startup financing globally, corporate venturing is on the rise.
08 December 2016
Emerging market retail banking to grow by $450 billion by 2020
The retail banking industry has enjoyed fierce growth across emerging markets over the past decade, averaging a CAGR of 18%.
06 December 2016
World Bank commissions Mott MacDonald for climate change water study
Improvements to access to fresh water and sanitation have considerably improved since the 1990s.
05 December 2016
Two thirds of European FinTech startups eye strong revenue growth
FinTech investment has risen spectacularly in recent years, on the back of promise, in some instances, hype.
28 November 2016
Consortium launches blockchain technology initiative for logistics
More than fifteen public and private sector companies based in the Netherlands have joined forces to launch a programme that seeks to design and develop applications for blockchain technology in the
28 November 2016
Marsh ramps up insurance footprint in UK with Bluefin acquisition
Marsh has acquired Bluefin Insurance Group, creating one of the UK’s leading insurance brokers for mid-size and SME companies.
25 November 2016
5 factors that must be considered when relocating an operation
Amid widespread uncertainty following Brexit, companies throughout the UK, in particular in the financial services sector, are considering moving some or all of their operations out of the UK.
24 November 2016
London best global hub for FinTech, Singapore and New York follow
London remains the globe’s top FinTech hub, according to a new report. Singapore and New York follow.
22 November 2016
Aegon hires Atos to deliver its protection business processes
Life insurance, pensions and asset management firm Aegon has hired Atos to deliver its protection business processes.
16 November 2016
The benefits and use cases for blockchain technology in banking
Blockchain, while still relatively new to the financial space, is seeing interest from around 90% of banking sector executives, according to a new study on the potential of the technology in the indu
15 November 2016
British bankers confident London will remain EU's financial centre
Nearly three quarters of British bankers believe that London will remain Europe’s financial powerhouse in five years’ time, countering recent concerns that UK’s capital city will lose its top spot to
07 November 2016
Korn Ferry Futurestep launches Credit Union and Community Banking arm
Korn Ferry Futurestep has launched a new practice focused on the Credit Union and Community Banking sectors.
27 October 2016
Accenture bolsters digital banking arm with Allen International deal
Accenture has pushed deeper into the Financial Services consulting space with the acquisition of Allen International, a London-based design consultancy that works for dozens of banking clients global
19 October 2016
Cognizant supports Standard Life with IT transformation programme
In a bid to support the firm’s growth ambitions in its Investments, Pensions and Savings businesses, Standard Life recently launched a large scale IT transformation programme.
18 October 2016
Ulster Bank asks McKinsey to support growth strategy development
Ireland-based Ulster Bank has called in the support of McKinsey & Company to help its Board with the development of a new growth strategy.
17 October 2016
Global payments revenues to hit $2 trillion by 2025, emerging economies lead
The global payments industry is set to enjoy revenue growth of more than $800 billion between now and 2025 on the back of strong growth within emerging markets.
11 October 2016
Customer services and trust are key areas of concern for incumbent banks
Incumbent banks face a considerably more fragmented financial services space as new digital banks and other financial services institutions begin to develop propositions to entice away customers.
10 October 2016
Bain to advise on integration of Abu Dhabi's two biggest lenders
Abu Dhabi’s National Bank of Abu Dhabi and First Gulf Bank announced earlier this year that they would integrate into a new $175 billion entity.
07 October 2016
Raymond James completes takeover of Deutsche Bank's US Wealth arm
The deal that saw Raymond James buy Deutsche Bank Wealth Management’s US Private Client Services Unit was recently closed. The new division has been integrated into its Alex. Brown arm.
06 October 2016
Investors considering to invest in InsurTech should consider 4Ps
Anyone considering investing in InsurTech needs to consider the four P’s of profitability, proximity, persistence and productivity, writes Matteo Carbone, a Principal at Bain & Company.
05 October 2016
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