Managers of Wealth Americas

DeFi Technologies and Professional Capital Management Partners to Enter U.S. ETF Market

This joint venture is about pushing the boundaries of what is possible in the ETF space and delivering value to a broader range of investors.

CIBC Innovation Banking fuels threatER with growth capital to enhance cyber defenses

CIBC Innovation Banking provides growth capital to threatER, a leader in cyber defense technology, bolstering its capabilities to secure networks against sophisticated digital threats.

Natixis sells private credit business MV Credit to Clearlake Capital

The company says it has deployed “more than $11 billion since its inception, leading over 500 bespoke transactions of up to $500 million with sponsors such as EQT, Nordic Capital, Cinven and Bain Capital”.

Broadridge Launches Tradeverse, Transforms the Way Global Financial Firms Manage Their Trading Data

Cloud-native platform reinvents the data lake by capturing and harmonizing the full transaction lifecycle, enabling firms to unlock opportunities through advanced data analytics and AI capabilities

New Broadridge Whitepaper Highlights Operational Resilience and DORA Compliance Challenges Facing Global Financial Services

EU regulatory deadline requires a prompt industry response; globally, operational resiliency shortfalls can be addressed and scaled via mutualized services

Eton Solutions Launches EtonGPT

“EtonGPT™ will offer a foundational shift platform enabling family offices to elevate their legacy

CyberArk Named Trusted Cloud Provider by Cloud Security Alliance

The Trusted Cloud Provider trustmark helps organizations to identify providers that have invested to achieve the highest standards of cloud security in their product offerings.

Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report

Even though they are bullish, challenges to further adoption remain on the horizon.

US fintech PrizePool reportedly winding down consumer app amid acquisition

The app combines account spending with a rewards function

Shift4 acquires Canadian fintech Givex

Givex adds to a growing list of recent Shift4 acquisitions.

Redalpine Raises $200 Million For European Technology Fund

The fund, redalpine capital VII (RAC VII) will invest in seed and early-stage technology businesses from across Europe, pursuing a similar strategy to the six previous funds it has launched since 2006.

Mastercard set to lay off around 3% of global workforce

A Mastercard spokesperson tells FinTech Futures that the company intends to “redeploy resources into growth areas” as it implements these changes.

State Street Announces Agreement with Taurus to Deliver Full Service Digital Platform for Institutional Investors

Agreement will add tokenization and digital custody services to firm’s existing Fund Administration and Accounting capabilities for Digital Assets

US fintech Amount lands $30m in fresh funding to advance AI capabilities

The company claims its tech can help financial institutions optimise their customer acquisition

AI startup Recogni unveils new computing method to slash costs, power requirements

The company said the new patented system, called Pareto, utilizes a logarithmic approach that outperforms existing methods when running large AI models.

FusionIQ and interVal partner to boost financial advisors' growth

US-based fintech FusionIQ has partnered with wealthtech provider interVal to expand technology solutions for financial advisors.

Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners

Goldman Sachs made its debut in the spot bitcoin ETF market in the second quarter, purchasing $418 million worth of bitcoin funds.

Former InvestCloud CEO John Wise’s Firm Acquires Fincentric

It will be geared toward the global wealth and asset management industries, and Wise will serve as chairman and CEO, according to an announcement.

Citi and Wells Fargo invest in credit infrastructure startup Setpoint

Citi and Wells Fargo have joined a $31 million Series B funding round for Setpoint, an infrastructure provider that streamlines transactions for the credit industry.

Millennials Are At a Financial Crossroads And Banks Must Understand Their Mindset

Millennials are well-informed and tech-savvy investors