Managers of Wealth Americas

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

FusionIQ and interVal Announce Strategic Partnership to Advance Wealthtech Solutions

The collaboration expands the technology ecosystem for financial advisors looking to capitalize on the great wealth transfer and grow AUM.

Nium expands operations in LatAm

This continued expansion is a step towards Nium's commitment to revolutionizing the global payments landscape in this strategic region.

US fintech Octane raises $50m Series E funding led by Valar Ventures

The fintech reports that through its in-house lender, Roadrunner Financial, it has so far originated over $4 billion in loans working with over 30 original equipment manufacturer (OEM) partners.

Elevating multi-cloud security for a leading American bank

Custom and contextualised guardrails acted as proactive checks, preventing security misconfigurations and further ensuring compliance.

Broadridge Reports Fourth Quarter and Fiscal 2024 Results

Fiscal Year 2024 Recurring revenues grew 6% on a reported and constant currency basis

Fidelity Brings Bundled Tech Tools to Small and Mid-Sized RIAs

Fidelity defines small as firms with $250 million in client assets or less, while mid-sized firms are those with $250 million to $500 million.

Wall Street will support heavy AI spending as long as everything else is going great

Revenue grew 22% in the second quarter and income grew 58%.

SEI Wins Three Leading Industry Awards for Cybersecurity Solution

SEI Sphere Recognized for Advancements in Network Security, Threat Intelligence, and Managed Security Services Capabilities

MoneyLion joins American Fintech Council

MoneyLion empowers millions of families to take control of their financial future

Cybersecurity: A key focus for North American Banks

The new threat landscape requires systems that can adapt and evolve in real time and can actively resist new forms of threats.

How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI

Organizations must keep all customer information near real-time updated and available through APIs.