01/30/2025
Global Securities Class Actions Surge in 2024 Broadridge Report Highlights $5.2 Billion in Settlements and an Increase in New Federal Filings Two Years in a Row
Mega settlements on the rise as antitrust settlements maintain record pace
FinTech
01/29/2025
Bridgewater predicts short-term tech stock correction amid DeepSeek disruption, but long-term AI gains
The launch contributed to a 17% drop in Nvidia’s stock on Monday, erasing $593bn in market value – the largest single-day loss for any company in history.
01/29/2025
CIBC wins Best Use of AI in Client Experience at the Customer Centricity World Series Awards
This is the fifth year of the ARCET Global Customer Centricity World Series Awards, and the first year to include the Best Use of AI in Client Experience category.
01/29/2025
CIBC wins Best Use of AI in Client Experience at the Customer Centricity World Series Awards
This is the fifth year of the ARCET Global Customer Centricity World Series Awards, and the first year to include the Best Use of AI in Client Experience category.
01/27/2025
Versabank Transfers Digital Deposit Receipt Assets
Corporate Realignment Supports Planned Divestiture of Cyber Security Businesses
01/24/2025
BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto
BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?
01/23/2025
AltaOne Partners with Marstone to Launch Seamless Digital Wealth Management Solution for Members
This collaboration will empower AltaOne members with personalized investment options
01/22/2025
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
The Goldman assistant is a "very simple interface that allows you to have access to the latest and greatest models.
01/22/2025
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
American banks have largely avoided letting customers use crypto for retail transactions
01/21/2025
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
The bank has released a program called GS AI assistant to about 10,000 employees so far, with the goal that all the company’s knowledge workers will have it this year, Argenti told CNBC in an exclusive interview.
01/17/2025
Broadridge Enhances Multi-Asset Post Trade Processing with GenAI-Powered Analytics
The advanced analytics feature is instrumental to international firms navigating evolving regulatory and market dynamics.
01/15/2025
Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center Development
01/13/2025
First American Bank joins InvestCloud to digitise Wealth Management
Currently operating on a technology stack with multiple systems, FAB recognised the need to provide its clients and advisors with a unified and modern platform.
01/13/2025
Goldman Sachs invests in Canadian fintech Float Financial
The round was led by Growth Equity at Goldman Sachs Alternatives, with participation from Omers Ventures, FJ Labs, Teralys and Garage Capital.
01/09/2025
The Opportunities And Challenges Of Harnessing AI And ML For Financial Risk Management
One significant issue is algorithmic bias, which can result in unfair decision-making
01/07/2025
Startup launches to help US community banks fight technological lag
The startup is backed by ex-Deputy PM of Kazakhstan Yerbol Orynbayev, offering strategic support and guidance as the firm’s President
01/06/2025
Why US Banks are Departing from Net Zero Banking Alliance
This group quickly drew in some of the world's banking giants, with a clear focus on integrating sustainable practices and staunchly promoting net zero objectives.
01/02/2025
Coinbase ramping up remote hiring in 2025, paying up to $340k salaries
The most senior role is an engineering leader for the Coinbase Developer Platform, which pays up to $340k in salary alone.
12/31/2024
IBN Technologies Steps Up to Support Small Businesses Following Bench Accounting's Sudden Shutdown
With their proven track record and tailored solutions, IBN Technologies ensures that businesses can maintain financial stability and focus on growth during this challenging time.
12/30/2024
Banks Adopt Behavioral Biometrics as CFPB Cracks Down on Digital Payment Fraud
Behavioral biometric systems analyze various aspects of user behavior for identity verification.