Managers of Wealth Americas

When Is It Ethical to Not Replace Humans with AI?

There are legitimate questions about the ethics of employing AI in place of human workers. But what about when there's a moral imperative to automate?

Banco do Brasil partners with Bom Pra Crédito to develop new fintech solutions

Brazilian bank, Banco do Brasil has partnered with a Fintech Bom pra Crédito, a marketplace that compares the conditions for personal credit among 36 financial institutions in the country.

Five Countries Where Crypto Regulation Changed the Most in 2019

“Some countries now consider them legal tender, while many viewing cryptocurrencies as commodities. Governments around the world are keenly aware of the problem that the technology is rapidly outpacing the laws that govern it.”

Binance.US Launches App’s Beta Test on Android Devices

In recent months, Binance.US has actively expanded its offerings.

Fintech lenders tighten their standards, becoming more like banks

In the last year, though, companies, including LendingClub Corp., have been tightening the spigot, following a revolt by investors upset over years of unexpected losses.

InterGen Data Selected for 2020 MassChallenge FinTech Program

InterGen Data joins the MCFT20 cohort of top fintech startups for 6-Month MassChallenge FinTech Program

As Banking M&A Heats Up, Cloud Computing Can Be a Deal Saver

The cloud can eliminate key technical obstacles that can slow or even ruin a merger’s success.

Silicon Valley giant behind Spotify eyes bumper investment in Revolut

TCV, which has also invested in UK money transfer group World Remit, is reportedly looking to commit

Credit Suisse Names Confluent a Disruptive Technology Award Winner

Event streaming pioneer honored as “Game Changer” that is disrupting traditional enterprise IT in Credit Suisse’s 2nd annual award

Top Five Privacy Predictions for 2020

All in all, 2020 should be a big year for both data privacy regulations and technology solutions

Deepfakes, Artificial Intelligence, and Corporate Espionage

As deepfake technology becomes simultaneously more sophisticated and widely available, malign actors will be interested in using deepfakes to do much more than commit traditional cybercrimes

Fintech lenders tighten standards, become more like banks

“We, together with others, are being increasingly picky about the loans that we are booking,” LendingClub CEO Scott Sanborn told investors last month.

J.D. Power merges with Autodata, following acquisition

Autodata Solutions brings a variety of capabilities, including software for dealer-to-OEM vehicle ordering and consumer marketing research.

Bitcoin is the best asset of the decade according to Bank of America Merrill Lynch

The bank claims that the first people to acquire one Dollar in BTC have a return on investment of approximately $90,026.

TAG Bill Pay Named Finalist for PAM Awards 2020

TAG Bill Pay has been shortlisted for the “best general ledger system,” an award designed to recognize firms who provide outsourced general bookkeeping and accounting support services to family office firms.

Bank of America will pay people $15 to use its app

Customers can see if they’re eligible via the app, but will also be notified of eligibility if they try to deposit a check at an ATM or at a bank.

Invesco Expands Digital Wealth Business

Firm grows global digital wealth technology and services to provide advisor-powered digital capabilities

Invesco Expands Digital Wealth Business

Firm grows global digital wealth technology and services to provide advisor-powered digital capabilities

When open banking and data privacy collide

Banks that implement such changes stand to benefit from new customer offerings and revenue sources.

Plain-Sailing Future For Trade Finance Digitization

Trade finance is moving out of the paper age. But to fully leverage digitization, banks need to tear down data silos and standardize tools and procedures.