For Raisin, based in Germany and launched in 2013, the partnership with one of Europe’s largest banks is an important signal.
The banking industry is looking to achieve strong customer authentication, consent and reliability as required by PSD2, Open Banking and GDPR.
The portfolio provides customers with a complete set of solutions to infuse AI in their organizations, delivering operational excellence and business innovation for immersive, highly personalized experiences.
Additionally, many firm founders and principals are approaching retirement age, not unlike their baby-boomer clients.
Nutmeg is the UK’s largest robo-advice company, with more than 64,000 customers, but is yet to return a profit, registering losses of £12.3m in 2017.
To coincide with this launch, Appleby has also developed a dedicated microsite to showcase the latest legal updates, regulatory changes and other developments in the technology sector.
Big money managers could soon package crypto assets into mutual funds and ETFs, while paving the way for Bitcoin to enter 401(k)s and IRAs as regulated, mainstream investments.