10/13/2023
Wells Fargo broadens LifeSync wealth platform to all clientele
This expanded accessibility of LifeSync marks a significant step in Wells Fargo’s move towards a digital-first approach.
FinTech
10/11/2023
Goldman Sachs MD that left for Coinbase joins another fintech
He held senior roles at other major US banks too.
10/11/2023
JPMorgan moves to commercialise blockchain with Tokenized Collateral Network
The development answers an industry-wide appetite for frictionless transfer of collateral ownership without the hassle of moving assets using traditional means.
10/11/2023
Wells Fargo Customers Report Online Account Balance Problems
On X, formerly Twitter, one increasingly frustrated user who resorted to using an angry emoji tweeted to Wells Fargo that the bank’s system was down nationwide Tuesday.
10/11/2023
FTC reports that scams on social media have accounted for $2.7 billion in reported losses since 2021
After investment scams, the spotlight noted that romance scams accounted for the second-most reported scam losses on social media.
10/10/2023
Citi Agented Syndicated Loans Launch on Versana's Transformative Digital Data Platform
Thousands of additional facilities are expected to be available on the platform in the coming months
10/06/2023
Modern Treasury joins JP Morgan payments partner network
Modern Treasury’s participation in the Payments Partner Network is the next step in four years of collaboration
10/06/2023
ImagineX and ASH Investment Partners unite to maintain growth trajectory
The company was founded in 2016 and has its headquarters in Atlanta, Georgia.
10/06/2023
BNY Mellon and Pershing X gain relationship with Integrity
BNY Mellon's Pershing X has announced that Integrity Marketing Group, an insurance and financial services firm, has selected the company's Wove wealth management platform.
10/05/2023
'Shark Tank' star Kevin O'Leary laughs off idea that institutional investors want bitcoin: 'They don't own any of it'
Institutions aren't putting money into bitcoin, despite talk of rising interest, Kevin O'Leary said.
10/05/2023
Bankman-Fried's lawyer says 'crypto was not for everyone.' FTX said the opposite
But FTX had asserted the opposite in an online post about a car race it sponsored in Miami Beach, Florida, six months before its November 2022 collapse.
10/04/2023
JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation
All thanks to AI.
10/02/2023
WealthTech firm Farther achieves $131m valuation after bagging $31m
The firm’s vision to utilise modern technology in wealth management has been met with positivity.
09/29/2023
SEI Launches Enhancements to Advisor Technology Suite
Investor Portal Powers Personalized, Connected Experience for Advisors and their Clients
09/28/2023
Leading WealthTech d1g1t secures funding for US expansion led by MissionOG
Overseeing the venture debt facility was CIBC Innovation Banking, the tech-focused division of the Canadian Imperial Bank of Commerce (CIBC).
09/27/2023
Marstone and Jack Henry Collaboration Combines Seamless Access to Digital Wealth and Digital Banking
Technology collaboration enables over 400 digital banks to easily adopt Marstone’s digital wealth solutions through Jack Henry’s digital banking platform
09/27/2023
Chubb and SentinelOne® Partner to Enhance Cyber Risk Management
Chubb leverages industry-leading security solutions to help policyholders enhance cyber defenses and help protect businesses from emerging threats
09/26/2023
Crypto Asset Management Industry Could Reach $650B in Five Years, Up From $50B Today: Report
The court ruled that there was no justification for the SEC to allow Bitcoin futures-based ETFs but deny spot Bitcoin ETFs.
09/26/2023
Bank of America taps Kanexa tech to tackle open account trade inefficiencies
Buyers can set rules for invoice approval based on this information, as well as parameters for automated discrepancy resolution.
09/25/2023
CoinShare Launches Hedge Fund Division for US Institutional Clients
In an official report, the CoinShare team stated that launching the hedge fund division was to give institutional clients a unique experience.