06/20/2022
Is the metaverse the next renaissance in financial services?
Today’s metaverse puts us on the same trajectory and fintech very well could be the means to getting there.
FinTech
06/20/2022
Fidelity CEO bullish on crypto despite scrutiny, price drop
Now, the chairman of the House Ways and Means Committee would like the Government Accountability Office to study cryptocurrency investment options in defined contribution plans.
06/17/2022
Financial Planning releases its annual report on wealth management technology -- The 2022 Tech Survey: The Wealthtech Labyrinth
Survey finds that as technology becomes a necessity in wealth management, advisors are struggling to navigate the increasingly crowded marketplace of product offerings
06/17/2022
Digital banking tech vendor Narmi raises $35m Series B
The company says it enables financial institutions to open accounts in less than 2.5 minutes.
06/17/2022
Vise Uses AI to Help Advisors Manage Volatile Markets
The artificial intelligence-powered platform for financial advisors this week rolled out new tech enhancements to its tax management and cash management features.
06/16/2022
Dentons Lopez Velarde opens a Venture Tech Center for Latin America and the Caribbean
Lomas de Chapultepec has seen substantial growth in recent years and is now the epicenter for major technology companies in Latin America.
06/16/2022
TS Banking Group in front-to-back office tech revamp with Temenos
The Temenos Banking Cloud will provide us with the agility of a challenger bank, and the investment in innovation of the larger banks, in a way we would otherwise be unable to achieve.
06/16/2022
Federated Hermes Extends Transfer Agency Services Relationship with SS&C
SS&C’s next generation Lyric technology platform and their new suite of fraud detection and prevention solutions showcase how the company continues to invest in key technologies important to our service delivery model.
06/16/2022
SS&C GlobeOp Hedge Fund Performance Index: May performance -1.30% Capital Movement Index: June net flows advance 0.27%
Through the first six months of 2022, Hedge fund capital flows have held steady in the face of inflation, higher interest rates, and generally high market volatility.
06/15/2022
Leading Global Banks and Data and Analytics Provider Back Octaura to Launch Electronic Trading Platform
Founding Institutions include Bank of America, Citi, Credit Suisse, Goldman Sachs, J.P. Morgan, Moody’s Analytics, Morgan Stanley, and Wells Fargo
06/15/2022
TD introduces payment plan for credit card holders
With TD Payment Plans, eligible TD cardholders can enroll qualifying purchases of $100 or more into equalized monthly payments, with 6,12, or 18-month term options.
06/15/2022
BofA expands virtual account management tech to firms in the US
The geographical expansion follows last year’s addition of the Netherlands to the existing UK and Ireland capabilities.
06/15/2022
Sionic launches real-time pay-by-bank rails for US merchants
Sionic’s RTP service includes an option for merchants to incent their customers for paying with their bank accounts over costly rewards-based credit cards.
06/14/2022
Swiss Wealthtech 3rd-eyes Analytics Enters US Market with Partnership
3rd-eyes’s partnership with Bonsai will be a disruptive force with respect to wealth planning in the United States.
06/14/2022
SEC scolds Schwab over robo disclosures
Firm touted lack of fees while making money on investors’ cash holdings
06/14/2022
RBC and Envestnet Data and Analytics announce agreement
RBC clients also benefit from a wide range of RBC's digital security tools
06/14/2022
Crypto is selling off but 91% of people surveyed said that they plan on buying digital assets in the next 6 months, according to Bank of America
Nearly 40% of respondents said they use crypto as an online payment method.
06/13/2022
Abra Announces the Abra Crypto Card on the American Express Network
Abra’s first crypto credit card to transact in U.S. dollars on the American Express network and offer cryptocurrency rewards on any purchase category and amount, along with other benefits
06/10/2022
SS&C Blue Prism Honors WonderBotz with Regional Best Practices Partner of the Year and Regional Blue Prism Cloud Solution of the Year at Blue Prism World 2022
SS&C Blue Prism awarded WonderBotz the Best Practices Award for the 4th time and Blue Prism Cloud Solution of the Year for the 2nd consecutive year
06/08/2022
JP Morgan-backed US Trovata to launch in London and Amsterdam
California-based Trovata, which launched in 2019, helps companies aggregate bank balances and transactions through open banking technology.