05/23/2016
Accenture aims to accelerate AI adoption
The company says the banking, insurance and travel industries will be the initial focus.
FinTech
05/23/2016
Deloitte Integrates Ripple and Banking Software for International Transfers
Ripple integration will enable banks to send payments directly and in real-time without relying on intermediaries.
05/20/2016
Envestnet Tamarac Gives Third Parties Access to Advisor Xi
DePina said the decision was made from feedback with large RIAs moving to Tamarac that had already invested a good deal in technology outside of Tamarac’s core platform, such as CRM.
05/20/2016
Will AI spark a wave of job losses in banking? This what the experts think
The typically conservative banking and finance sectors seem particularly ripe for some disruption.
05/16/2016
ENSO Expands Product Offering With New Emerging Manager Platform
The launch of this new global platform will provide a scalable solution for the daily needs of a growing manager’s treasury and portfolio finance operations.
05/16/2016
Rise of the billionaire robots: how algorithms have redefined hedge funds
The 25 best-paid hedge fund managers pocketed $13bn in 2015, and most of the big winners relied on programs, not contacts, for their big wins
05/16/2016
Barclays and Planixs Are Collaborating in the Creation of an Improved Global Intraday Liquidity and Funding Capability
Barclays is using Realiti across its global operations to: perform intraday liquidity management; optimise funding and forecasting activities, and deliver regulatory compliance with the Basel committee’s BCBS248 intraday monitoring regime.
05/13/2016
Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing
The move aligns Apple with Uber Technologies Inc's chief rival in China, as automakers and technology companies forge new alliances and make cross investments.
05/11/2016
FinTech Startup WealthBar Raises $5.5 Million
Imagine your financial advisor showing up to your home, opening a massive binder full of funds and forms that you fill out while you have your kids running around the house and tugging on your arm.
05/11/2016
Apple Pay Finally Embraced By Canadian Banks RBC, CIBC
Three more major banks – BMO, Scotiabank, and TD – have committed to join Apple Pay in the coming months.
05/11/2016
Dyn raises $50 mln from Pamplona Capital
As part of Pamplona’s investment, Justin Perreault, a partner, has joined Dyn’s Board of Directors.
05/10/2016
How Small Banks Can Partner with Fintech Firms
Digital technology changes the way consumers interact with their bank and finances. How are smaller banks expected to compete with the new market entrants and larger banks that have developed innovation labs and are investing directly in fintechs?
05/10/2016
Northern Trust Enhances Solution for Fair Value Leveling
As regulations require asset owners to provide increasing levels of investment transparency, Northern Trust announced today it has collaborated with Interactive Data (IDC) to enhance its support for fair value level determination for fixed income securiti
05/10/2016
Big banks respond to fintech challenge by cutting fees and offering new options
In response, earlier this year the Bank of Montreal launched its SmartFolio investment service, which offers a professionally managed portfolio online for a low fee.
05/10/2016
FolioDynamix Platform Named Best Cutting-Edge Solution by FTF News
FolioDynamix offers wealth service providers and investment advisors the most comprehensive, truly unified web-based wealth management technology platform
05/06/2016
30 Years of Radical Change in Fintech
The world has changed so radically and at the same time, so has financial services. In this day and age, you might not carry cash because you might not need cash.
05/05/2016
InvestCloud Launches 'Star Wars' Themed App Suite
InvestCloud now supports 660 financial institutions which use the applets to manage a combined $1.5 trillion.
05/05/2016
Pershing adds three new robo-advisers in latest push into digital advice
The firm is building out digital ecosystem of its own with partnerships with Jemstep, SigFig and Vanare
05/04/2016
Robots Will Strike Asset Management Firms First
Of 775 investment pros surveyed by global association the CFA Institute, nearly two thirds are familiar with automated financial advice tools, with 16% not familiar at all.
05/04/2016
Broadridge Launches Next Generation Global Post Trade Management Solution
The solution enables transformation by streamlining operations across asset classes, markets and business entities globally, and enhances banks’ and brokers’ financial and risk management and regulatory compliance capabilities.