03/11/2024
US neobank Oxygen switches focus from banking to health insurance in new strategy
In an email to FinTech Futures, Oxygen says it is “only temporarily pausing Oxygen Banking”.
FinTech
03/08/2024
Cullen Capital Management LLC Selects SEI’s Advisors’ Inner Circle Fund Trust to Launch First Active ETF
Active ETF Trend Provides Growth Opportunity for Asset Managers
03/07/2024
TD grows its innovation ecosystem through agreement with SideDrawer
A key focus for the Bank is to create intuitive digital experiences for customers that help make their online financial activities simpler
03/06/2024
Temenos Named a Leader in North America for Small Business Lending and Customer Experience Solutions
Temenos recognized by IDC for its comprehensive digital banking and lending platforms, as well as its support for alternative credit data sources for lending decisions, and composable banking features that provide choice and flexibility for bank clients
03/06/2024
Citi Ventures invests in bank-to-bank loan marketplace Capstack
Citi's investment, the size of which has not been disclosed, comes after a $6 million funding round last year for Miami-based Capstack.
03/06/2024
Innovate or stagnate: Creating value from technology in asset management
Asset management was slower to embrace the transformational power of technology.
03/05/2024
Bitcoin ETF mania is boosting BlackRock and Fidelity, which together have captured 79% of inflows into ‘Newborn Nine’
The selling has broadly eased, with daily outflows slowing to a daily average of $138 million in February from January’s $403 million.
03/05/2024
Leading Financial Firms Test Blockchain Forex Trading on Avalanche's New Spruce Subnet
Financial giants like T. Rowe Price and WisdomTree venture into blockchain with Avalanche's Spruce subnet, aiming to revolutionize forex trading.
03/05/2024
Vencora acquires CREALOGIX
CREALOGIX was founded in 1996
03/01/2024
Apple stops 'thinking different' and joins the AI herd: Morning Brief
A blow to all who longed to see exactly which generation Fiat 500 Jony Ive would have paid homage to.
03/01/2024
Wells Fargo, Merrill to offer bitcoin ETFs to wealth management clients: Bloomberg
Clear investor demand for BTC funds has convinced some firms to make them available to clients, Edelman Financial Engines founder says
03/01/2024
Microsoft launches AI-powered Copilot for Finance
The AI-powered tool is designed to support users in managing the overwhelming amount of financial data and channel information into a useful medium.
02/29/2024
Socure and Trustly Partner to Offer Industry-First Streamlined Onboarding and Open Banking Payments Process for Merchants and Fintechs
By combining Socure's accurate and inclusive identity verification and fraud prevention ID+ platform with Trustly's guaranteed Pay by Bank offering, merchants can onboard users and process payments in one integrated flow.
02/27/2024
Google Pay to shut down in the US
In 2022, Wallet made a comeback, replacing Pay in most countries but Google decided to offer both apps in the US.
02/27/2024
ZA Bank launches US stock trading solution
ZA Bank providing a new solution for its customers and expanding their horizons.
02/26/2024
Fidelity Director Predicts Bitcoin’s Market Cap Could Surge to $6 Trillion, Reshaping Digital Gold Landscape
The foundation of Timmer’s forecast lies in Bitcoin’s current valuation of $1 trillion
02/26/2024
Goldman Sachs analyst who left to found GenAI firm is now working longer hours
Barona, a Colombian immigrant and Cambridge graduate, said that despite the current gloom of the fintech environment, she was “keen to move on to the next phase of my life.”
02/22/2024
E-Commerce Grows But Trust in Digital Channels is Uneven: Chubb Survey
Latin American consumers leapfrog other global regions in embracing e-commerce channels
02/22/2024
Fintech paying engineers $424k per head running on "skeleton crews"
One Plaid employee told us the company "can't afford any more" layoffs to tech, product and support roles.
02/21/2024
US hospitality fintech Toast to cut 550 jobs as part of restructuring plan
The fintech says the plan, which was approved by its board of directors this month, is intended to “promote overall operating expense efficiency”.