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FinTech

09/06/2024

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.

09/05/2024

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”.

09/04/2024

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

09/04/2024

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

09/03/2024

Eton Solutions Launches EtonGPT

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

08/30/2024

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.

08/29/2024

Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report

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

08/28/2024

US fintech PrizePool reportedly winding down consumer app amid acquisition

The app combines account spending with a rewards function

08/28/2024

Shift4 acquires Canadian fintech Givex

Givex adds to a growing list of recent Shift4 acquisitions.

08/27/2024

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.

08/21/2024

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.

08/21/2024

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

08/20/2024

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

08/20/2024

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.

08/19/2024

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.

08/16/2024

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.

08/16/2024

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.

08/15/2024

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.

08/15/2024

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

Millennials are well-informed and tech-savvy investors

08/13/2024

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.

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