08/05/2021
American Banks Encouraged To Partner with Cryptocurrency Firms
Another aspect of the report is surrounding crypto regulations. It focused on requirements around the sale or offering of crypto, tax reporting, and money transmission.
FinTech
08/05/2021
STP Investment Services Launches New Wealth Management-Focused Technology and Accompanying Service Offering
Since 2008, STP has thoughtfully engineered and served institutional, fund, emerging and wealth managers as well as plan sponsors and family offices across the globe
08/04/2021
SMArtX Expands Partnership with Wealth Platform
Seamless API and data integration enhance business process automation
08/03/2021
Mako Fintech Secures $2M Seed Funding Led by Desjardins Capital
The financing was led by Desjardins Capital, with participation from a group of top-tier angel investors, including many current and former CEOs and other senior executives at a variety of financial institutions.
08/02/2021
Broadridge Acquires Innovative Post-Trade Solutions Business
Alpha Omega brings invaluable expertise in advanced FIX-based technology for asset managers and broker/dealers in all areas covering automated allocation, confirmation and affirmation of trades for equities, fixed income securities, and derivatives.
08/02/2021
In Canada, Basic Open Banking Just Got An Upgrade To ‘Open Finance’
That open banking platform, said Ruiz, leverages application programming interfaces (APIs) to give financial institutions (FIs) the ability to innovate new products and services and bring them to market more quickly.
07/30/2021
BofA and Coinbase join Paxos Series D round
BofA joins a stellar client list that includes Credit Suisse, Societe Generale, StoneX and Revolut, as well as PayPal and its mobile payment offshoot Venmo.
07/30/2021
State Street Partners with Lukka to Expand Digital Asset Fund Administration Capabilities for its Alternative Investment Clients
Partnership Will Allow Firm to Service Digital Assets with the Same Quality and Precision as Traditional Assets for Private Fund Managers
07/30/2021
Crypto Surprise Rattles Industry in Rare Bipartisan Tax Plan
The reason for the last-minute inclusion: the proposal would raise a chunk of money to help fund the $550 billion of investment into transportation and utility upgrades.
07/29/2021
‘Almost Half’ of Family Offices Surveyed by Goldman Sachs Are Considering Investing in Crypto
Another issue that concerned some investors was the high energy consumption of Bitcoin mining.
07/28/2021
Mobile banking reports name TD industry leader in digital customer experiences
TD earns top spot in digital experience categories among Canadian financial institutions according to three separate industry reports
07/27/2021
CIBC's digital identity verification makes it faster and easier to open new accounts online
New and existing clients can now verify their identity online without the need to speak with a CIBC representative in person or by phone
07/27/2021
ICapital Network raises $440 million
The company will use the proceeds from the capital raise to enhance its platform technology, expand the breadth of strategies and product types on its alternative investment menu, and pursue strategic acquisitions that will broaden its client capabilities
07/26/2021
Building a Better Marketing Engine for Asset Management
New report details how marketing is evolving and the actions marketers can take to drive superior outcomes.
07/26/2021
One of Goldman Sachs' top quants quit to create an AI platform
The self-serve AI investing platform, which is due to launch in the fall, is thought to be the first of its type
07/26/2021
Goldman Sachs boosts transaction banking biz with tie-up
Goldman Sachs will manage FX and domestic payment delivery to suppliers in more than 125 different currencies.
07/23/2021
JPMorgan to give all wealth clients access to crypto funds - Business Insider
Its advisers are allowed to execute only "unsolicited" crypto trades, Business Insider said, adding that advisors cannot recommend products but only buy and sell on behalf of clients' request.
07/23/2021
Fiserv chooses Vesta to tackle e-commerce fraud in Mexico
The Vesta fraud prevention platform helps secure online payment transactions, reduces the decline rate, and includes a “Zero Chargeback Guarantee.”
07/23/2021
Pascal chosen for ventureLAB accelerator program
Fintech provider to receive advisory support as it takes digital wealth management platform to market
07/23/2021
SIMON raises $100 million for Digital Wealth Management Platform
This funding round enables SIMON to further advance its core offering across structured investments and annuities, while driving additional growth initiatives centered on product and geographic expansion.