10/19/2016
Systemic Risk Council weighs in on asset management vulnerabilities
In its letter, the Council expressed its support for the FSB's work on potential risks to financial stability arising from asset management structures and practices.
FinTech
10/18/2016
Banking group unveils guidelines for new financial technology
The American Bankers Association released its standards for banks to follow as they adopt new technologies to expand their services
10/14/2016
Insurers Benefit from Data Collection and Analytics from IoT
IoT Analyzer is now compatible with the SAP Vehicle Insights application, to enhance loyalty and usage based insurance programs
10/14/2016
Millennials and Mobile Banking — The Changing Times
Millennials were the earliest adopters of many trailblazing technologies that went on to ubiquity
10/14/2016
Northern Trust Wins Two U.S. Mutual Fund Services Awards
It acts and radically evolves based on good ideas and by working with its customers.
10/14/2016
Firm selects preferred technology provider
L&T Infotech has announced that it has been selected by AGF Investments Inc. to administer its mutual fund platform in Canada
10/14/2016
Zacks Rolls Out Actively Managed Robo-Advisor
The platform uses Schwab technology but relies on Zacks’ investment research to target HNW investors
10/14/2016
Goldman Sachs launches new online personal loan platform, Marcus
Marcus has no fees; offers fixed rates throughout the term of the loan; and lets customers choose their monthly payment date
10/13/2016
Envestnet reignites acquisition game with Wheelhouse deal
The firm says it now serves 50,000 advisers and processes over 5 million investment accounts.
10/13/2016
Technology Integration Turbocharges Advisor Productivity
New Study Analyzes the Impact of Advanced Technology Integration on Advisor Practices
10/13/2016
The Co-operators introduces advisor wealth planning system
The feature will also allow smooth transition from automated service to full advisor service (and back again) when warranted.
10/12/2016
Symantec reveals more hack attempts on Swift network
This is bad news for Swift but its fight back against these attacks has been extensive and ongoing.
10/12/2016
SMEs Post Big Opportunity For Mobile RDC Technology
In a survey of 400 SMEs across the U.S., WAUSAU, which offers RDC technology solutions, found that paper checks continue to be a common way businesses receive payment.
10/07/2016
Schwab 'Robo Advisor' More Than Doubled Assets Over the Last Year
Demand for digital financial advice has drawn efforts to buy or build similar platforms by other companies.
10/07/2016
Software Asset Management Gives IT Managers Control Over Apps
To get the most value out of their software licenses, IT managers are turning to software asset management tools.
10/07/2016
Ready Set Bank: Online Banking Made Easy
If they don't have access to computers of their own, viewers can watch the videos on free computers available at public libraries or senior centers.
10/06/2016
Bill Gross says bitcoin might lead to an alternative to the current financial system
The continuation of current monetary policies will lead to capital destruction as opposed to capital creation
10/06/2016
A fintech company used by Google, Amazon, and Airbnb raised $180 million
The funding round is double Payoneer's funding to date and takes its total raised to $270 million.
10/05/2016
Bank of America to Build Its Own Robo Adviser
It will be billed as a low-cost way of investing modest sums such as funds in old 401 accounts.
10/05/2016
KPMG And CyberArk Join Forces To Help Clients Bolster Cyber Security Strategies
Alliance Will Help Reduce the Attack Surface Through Implementing Advanced Privileged Account Security Solutions and Leading Practices