04/12/2018
MoneyLion Plus adds full checking and savings capabilities
The company hopes the latest additions to further boost this momentum.
FinTech
04/11/2018
Stevens Institute of Technology Awards Sean Hanlon Highest Honor for Professional Achievement and Service
"The 2018 Stevens Awards Gala recognizes ingenuity and innovation in our alumni, and I'm proud we're honoring Sean Hanlon this year,"
04/11/2018
Bank of America: Bitcoin Bubble Is Already Popping
The bank published a chart comparing bitcoin with famous financial manias: the Mississippi Company and South Sea Company in the 18th century, gold, the U.S. stock market in 1929 and the Dutch tulip bubble in 1637.
04/10/2018
JPMorgan Asset Management rotates China exposure amid volatility and trade tensions, eyes health care
Re-rating has hit the returns that can be expected from IT and tech stocks, including Alibaba and Tencent, says chief investment officer for emerging markets in Asia-Pacific
04/10/2018
Soros Fund Management is planning to invest in cryptocurrencies
The news agency sources informed that Adam Fisher, the head of macro investing at Soros Fund Management, has already received internal approval for cryptocurrency operations.
04/10/2018
Cloud-based flexible deployment of technology: a game changer for asset managers?
Advances in cloud delivery access and security are giving asset managers, regardless of size, the opportunity to leverage the latest mission-critical technology tools and analytics from third-party specialists.
04/06/2018
Robo-adviser Wealthsimple launches savings account with premium rate
Robo-adviser Wealthsimple is hoping to lure clients away from traditional financial institutions by launching a savings account with a premium interest rate
04/06/2018
A former portfolio manager at Steve Cohen's Point72 is setting out to launch a $50 million crypto hedge fund
The market for crypto hedge funds has been under pressure as the underlying digital coin market continues to shed billions.
04/05/2018
Wall Street’s Big Banks Are Waging an All-Out Technological Arms Race
Dimon, Blankfein, Gorman: Three great rivals are battling to control the $58 billion-a-year equities industry.
04/02/2018
Robos are Going After Bigger Clients
The automated advice firms are clearly attracted to the higher fees they can garner from the additional services offered to wealthier clients, Bloomberg writes.
03/28/2018
Merrill Lynch puts a new face on its retirement tools
“Our goal was to make it more intuitive, interactive and simple to tee up the most important information based on our evaluation of how participants use the site,” says Lisa Margeson, head of retirement client experience for BAML.
03/28/2018
Robo-Adviser Startups Are Now Going After Wealthy Clientele
The product follows similar moves by two other robo-adviser startups in recent months.
03/28/2018
IFC Launches Digital Lab to Drive Nearshore Digital Transformation
The lab, staffed mostly with financial experts, will partner with IT consulting firm Accenture and persuade regional banks to harness cutting-edge financial technologies.
03/27/2018
IRESS unveils a string of wealth management technology collaborations following Fidelity Clearing Canada integration
"The IRESS team has shown a deep understanding of our business and worked closely with us to deliver a solution that meets the needs of our firm."
03/27/2018
How Law Firms Can Prepare for FinTech Wave
The innovations and industry disruption should have law firms snapping to attention.
03/27/2018
Robo-adviser Nest Wealth launches platform for small-business group RRSP plans
Nest Wealth, in partnership with Vanguard Investments Canada Inc., Morneau Shepell Ltd. and Canadian Western Trust, will allow companies to offer their employees group RRSP plans with fees under 1 per cent of assets administered through the plan.
03/27/2018
Citi To Roll Out New Features For Its iPhone Mobile App
What’s more – in what it said is a first for a national bank – Citi said the app will allow non-Citi clients to create a profile and connect their accounts across financial service providers
03/26/2018
SEI Enhances Technology for Improved Wealth Management Decision-Making
Organized End-Reporting, Investments and Advice Deliver Greater Insight to the Wealthy
03/26/2018
Fund managers stick with Facebook but order change
That has hurt Facebook's legion of fund manager backers, who have been enthusiastic buyers of the shares after their flotation in 2012, since when they have risen by more than 300%.
03/25/2018
JPMorgan Contemplates Shifting Quorum Blockchain Project
The primary intention of the project is to build a customized digital ledger for clients. At present, enterprise companies using the customized digital ledger include heavyweights like Microsoft and Pfizer.