10/20/2023
CFPB accelerates US open banking with new data rule
This means consumer financial service providers are required to share data at the user’s direction with other companies in the ecosystem that offer more attractive products and services.
FinTech
10/19/2023
Marstone announces partnership With Woodforest National Bank to deliver digital wealth management solution
The partnership with Marstone will enhance their wealth management offerings and expand their digital services, including digital investment opportunities.
10/18/2023
Ofi Invest Asset Management Selects Clearwater Analytics to Power its Investment Accounting Operations
The Clearwater platform will also give end users a daily view of portfolio data for accurate investment accounting and regulatory reporting purposes.
10/16/2023
Investing app Stash raises $40m
Butte joins with a track record of taking companies public as director, advisor, and CFO, including the Nyse IPO.
10/16/2023
Leak Reveals A Wall Street Crypto ‘Revolution’ That Could Crush The U.S. Dollar Has Suddenly Begun—Heralding Bitcoin, Ethereum, XRP And Crypto Price Chaos
The bitcoin price has struggled this year amid a growing U.S. "war" on crypto, though a looming $17.7 trillion earthquake could be about to hit the bitcoin, ethereum, XRP and crypto market.
10/13/2023
Wells Fargo broadens LifeSync wealth platform to all clientele
This expanded accessibility of LifeSync marks a significant step in Wells Fargo’s move towards a digital-first approach.
10/11/2023
Goldman Sachs MD that left for Coinbase joins another fintech
He held senior roles at other major US banks too.
10/11/2023
JPMorgan moves to commercialise blockchain with Tokenized Collateral Network
The development answers an industry-wide appetite for frictionless transfer of collateral ownership without the hassle of moving assets using traditional means.
10/11/2023
Wells Fargo Customers Report Online Account Balance Problems
On X, formerly Twitter, one increasingly frustrated user who resorted to using an angry emoji tweeted to Wells Fargo that the bank’s system was down nationwide Tuesday.
10/11/2023
FTC reports that scams on social media have accounted for $2.7 billion in reported losses since 2021
After investment scams, the spotlight noted that romance scams accounted for the second-most reported scam losses on social media.
10/10/2023
Citi Agented Syndicated Loans Launch on Versana's Transformative Digital Data Platform
Thousands of additional facilities are expected to be available on the platform in the coming months
10/06/2023
Modern Treasury joins JP Morgan payments partner network
Modern Treasury’s participation in the Payments Partner Network is the next step in four years of collaboration
10/06/2023
ImagineX and ASH Investment Partners unite to maintain growth trajectory
The company was founded in 2016 and has its headquarters in Atlanta, Georgia.
10/06/2023
BNY Mellon and Pershing X gain relationship with Integrity
BNY Mellon's Pershing X has announced that Integrity Marketing Group, an insurance and financial services firm, has selected the company's Wove wealth management platform.
10/05/2023
'Shark Tank' star Kevin O'Leary laughs off idea that institutional investors want bitcoin: 'They don't own any of it'
Institutions aren't putting money into bitcoin, despite talk of rising interest, Kevin O'Leary said.
10/05/2023
Bankman-Fried's lawyer says 'crypto was not for everyone.' FTX said the opposite
But FTX had asserted the opposite in an online post about a car race it sponsored in Miami Beach, Florida, six months before its November 2022 collapse.
10/04/2023
JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation
All thanks to AI.
10/02/2023
WealthTech firm Farther achieves $131m valuation after bagging $31m
The firm’s vision to utilise modern technology in wealth management has been met with positivity.
09/29/2023
SEI Launches Enhancements to Advisor Technology Suite
Investor Portal Powers Personalized, Connected Experience for Advisors and their Clients
09/28/2023
Leading WealthTech d1g1t secures funding for US expansion led by MissionOG
Overseeing the venture debt facility was CIBC Innovation Banking, the tech-focused division of the Canadian Imperial Bank of Commerce (CIBC).