Managers of Wealth Americas

OneDigital Acquires $3.8B Wealth Management Firm

The addition of StoneStreet Equity expands OneDigital’s capabilities in the defined-benefits space, according to OneDigital.

AI fever will carry the bull market higher even as the US tips into recession, veteran trader says

Experts have been warning of a potential recession over the past year as central bankers raised interest rates aggressively to combat inflation.

Elder Crypto Scams Are on the Rise

Five red flags for practitioners to look out for.

Segura Bank Selects Temenos to Power New Digital Bank in the Cloud for Latin Americans

Temenos banking platform will allow Segura Bank to rapidly compose new products and services and offer leading digital experiences in the cloud

EquiLend and Broadridge Collaborate to Streamline Central Clearing of Securities Finance Transactions

Broadridge’s newly launched SFT Submission Service provides the market with the capability to meet the NSCC requirements to match and submit via an Approved Trade Submitter.

Broadridge Secures Patent for Machine Learning Tech Enhancing Securities Based Lending

Patent covers Broadridge systems that help advisors hyper-target SBL borrowers, deepen client relationships and reduce attrition

ECS Receives Top Workplaces Award From The Washington Post

Employee responses earn the IT solutions provider its sixth Top Workplaces award

BlackRock Bitcoin ETF Prospects Boost Institutional Investor Sentiment

BlackRock’s ETF gambit is significant news, but not enough to tip institutional investors back into crypto funds.

Virtusa Corporation partners with Icon Solutions

The Icon Payments Framework is a low-code, cloud-native, open-source framework that can be used by banks to create their own payment processing solutions.

Volante Technologies unveils Embedded Preprocessing forging the fastest path to banking payments innovation

New solution enables banks to adapt swiftly, build loyalty, and grow their payments business while enriching their customer service

Payments Canada further delays launch of real-time payment system

The RTR is part of a multi-year modernisation of Canada’s payments infrastructure.

Technology: Friend Or Foe During A Recession?

Security, all things AI and the cloud will remain immune from recessionary pressures as the business benefits were proven during the pandemic and helped deliver a competitive advantage.

OneVest Raises $17M and Launches Wealth-as-a-Service Platform for Financial Institutions

"We are excited to support OneVest on their mission to provide full stack WealthTech solutions to the financial services ecosystem,"

Tifin asset management tech raises $10 million, goes independent

The fundraising was led by Motive Ventures, the venture capital arm of Motive Partners.

Bank and fintech startup team up to try to help close the racial wealth gap

Unbanked rates are higher among Black and Hispanic households

Experts Warn of Hard to Detect Frauds Due to AI and Deep Fakes

The Federal Trade Commission (FTC) reported in February 2023 that financial scams have been on the rise.

Open banking payments startup Atoa raises $6.5m

Atoa argues that Mastercard and Visa payment rails have an effective duopoly in the market

Schneider Geospatial Strengthens GovTech Leadership; Expands into Asset Management with PeopleGIS

This highly strategic add-on marks Schneider Geospatial’s entry into the asset management software space and sets the stage for accelerated growth and innovation.

Archer and Brooklyn Investment Group Partner to Provide Asset Managers A.I.-Powered Custom Direct Indexing Solution

Strategic partnership enhances Archer’s ability to support asset managers’ ongoing efforts to meet demand for direct indexing and tax-optimized investment offerings

SS&C Announces Latest Updates to SS&C Blue Prism Intelligent Automation Platform

The latest updates will help organizations extract value from intelligent automation programs to achieve business growth and improve the customer and employee experience.

FinTech