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FinTech

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.

06/08/2022

Citizens Pay Recognized as “Best Innovation” from the 2022 Banking Tech Awards USA

The “Best Innovation” award was selected based on the criteria of a product, solution, or service that will define the future of banking and finance.

06/08/2022

SEI Focuses on Aligning Talent to Drive Future Growth

The financial impact, which is not measurable at this time, will be included in SEI’s third-quarter financial results.

06/07/2022

Pictet AM warns of recession within two years and backs web3.0

'Reconfigure the investment landscape'

06/07/2022

Has JPMorgan become bitcoin's best friend?

A recent note from JPMorgan Chase suggested the bank realizes that bitcoin isn’t going anywhere. But what do the rent seekers really think?

06/07/2022

Investment Solutions. Ready When You Are. Regions Bank Introduces InvestPath Digital Advisor

InvestPath further enables our financial advisors to offer a seamless customer experience to support our clients’ financial goals at all stages of life.”

06/06/2022

Windward Management LP Chooses SS&C’s Front-to-Back Solution to Power Trading, Operations and Portfolio Accounting

The new start-up will leverage an institutional-grade solution to support growth strategy

06/02/2022

Cloud Capital Launches to Address the Changing Needs of Modern Financial Services Clients

Seeing the opportunity to address the growing demand for comprehensive financial planning and high touch service, Taylor Heininger and Hart Williams leave Bessemer Trust to form Cloud Capital with Seattle-based Venture Capitalist, Sean Sternbach.

06/02/2022

Soros Fund Management CEO Is More Bullish on Ethereum Than Bitcoin

Fitzpatrick thinks the environmental impact will be an important feature in the future, and it could define which digital assets will pick up steam.

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