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FinTech

06/20/2024

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

The report highlights that younger affluent individuals are considerably more inclined to invest in cryptocurrencies compared to their older counterparts.

06/19/2024

Ex-Goldman Sachs MD: AI will eliminate junior coders by 2028

Kwame Nyanning was global head of design for the firm's asset and wealth management division from 2022 to 2024, based in London.

06/18/2024

Transaction Network Services to Provide Order Routing and Market Data for Broadridge’s Global Futures and Options Platform

Clients benefit from simplified market data management, reduced operational risk and implementation costs, and improved time to market for FCMs

06/18/2024

Centroid Systems Redefines Innovation Once Again: Welcomes Qbit, in a Landmark Global Technology Acquisition

Centroid Systems Strengthens Global Reach, adding Qbit’s Innovative Management Solutions into its Arsenal

06/18/2024

VersaBank receives approval for Stearns Bank aquisition

Following OSFI approval, VersaBank plans to complete the acquisition promptly.

06/17/2024

Enabling growth through the market-centric data layer

Innovation in such a tightly regulated and commoditized market hinges on exceptional customer experience.

06/17/2024

JPMorgan Issues Major Bitcoin Warning as BTC Price Plunges Below $67K

JPMorgan has underscored a significant shift in institutional investment patterns, emphasizing that not all inflows are genuinely fresh money from institutional investors.

06/14/2024

Lumin Digital Announces Partnership with Pinwheel to Offer Banks and Credit Unions Advanced Digital Deposit Switching Solution, Pinwheel Prime

Research indicates Pinwheel Prime significantly boosts conversion rates, increasing direct deposit enrollment by 32% and reducing the time for initial direct deposit by 65%.

06/13/2024

BVNK introduces US dollar payments via Swift

Businesses accepting stablecoins in international markets via BVNK’s crypto payments gateway, can convert the funds automatically to US dollars or Euros

06/13/2024

Deduce Named a Winner at the Banking Tech Awards USA 2024

Deduce Wins the ‘Tech of the Future - Fighting Fraud’ Designation In FinTech Futures-Sponsored Awards

06/12/2024

JPMorgan's new ex-fintech CTO suggests payments is more important than AI

Shivananda is one of many PayPal alums at JPMorgan.

06/11/2024

LSEG Workspace now enhanced by Macabacus’ Productivity Tools

New workflow suite enhances productivity of Investment bankers, financial advisors, research analysts, asset and wealth managers.

06/11/2024

FNB's eStore Named Best Digital Initiative Nationally

F.N.B. Corporation Recognized at Banking Tech Awards USA

06/10/2024

Family Offices Grappling with Cryptocurrency Investment Prospects: BNY Mellon

Though cryptocurrencies account for 5% of portfolios, an allocation that would have been unthinkable a decade ago, they remain strikingly split over the role of the asset class.

06/10/2024

CapIntel Debuts Uncapped: Inaugural User Conference For Leaders in the Digital Evolution of Wealth and Asset Management

Exclusive event dedicated to technology and innovation in wealth management brings together wholesalers and advisors for collaboration and learning in a digital-first environment

06/07/2024

British tech magnate Mike Lynch acquitted of fraud charges in $11 billion deal with Hewlett Packard

Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard.

06/06/2024

Fidelity exec says most investors should have some Bitcoin allocation

The Coinshares report also noted that Bitcoin investment funds account for over $74 billion in assets under management globally.

06/05/2024

Envestnet Deepening Relationships to Launch Personalized Investment Strategies

Asset Managers to Offer Unified Managed Account-eligible Direct Indexing, Custom HNW Solutions and More on Envestnet Platform; Invest in Enhancements to Envestnet's UMA Ecosystem

06/05/2024

Turkey’s Papara taps DriveWealth for fractional investing solution

The new offering, which is planned to launch in October and will be accessible directly through Papara’s app

06/03/2024

Citi suit prompts dispute between CFPB and industry groups

Citi is being sued by the state of New York for failing to respond adequately when people promptly told the bank that scammers had stolen money by initiating wire transfers from their accounts online.

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