Fintech

Displaying 4670 results
Envestnet weighs options after seeing takeover interest
YOUR PRACTICE ALTERNATIVES FEB 23, 2022
Envestnet weighs options after seeing takeover interest

The Chicago-based fintech has recently been approached by at least one private equity firm interested in acquiring it, according to people familiar with the matter.

SEC flooded with comment letters about Bitcoin ETFs
YOUR PRACTICE ALTERNATIVES FEB 22, 2022
SEC flooded with comment letters about Bitcoin ETFs

Hundreds of comments have been published online in the past two weeks, after Grayscale Investments launched a media campaign encouraging the public to weigh in on a Bitcoin ETF.

Why Envestnet is enticing advisers to dive into its massive data lake
YOUR PRACTICE FINTECH FEB 21, 2022
Why Envestnet is enticing advisers to dive into its massive data lake

The TAMP doubled down on its vision to aggregate the 2 petabytes of consumer spending data it collects — roughly equivalent to 1 trillion pages of printed text or 40 million filing cabinets.

Fintechs dive into digital marketing in post-pandemic world
YOUR PRACTICE FINTECH FEB 18, 2022
Fintechs dive into digital marketing in post-pandemic world

As advisers look to use online tools for prospecting, Commonwealth and Sanctuary team up with Tifin, and AssetMark and eMoney Advisor roll out upgrades.

Investing platforms cash in on crypto craze
YOUR PRACTICE ALTERNATIVES FEB 18, 2022
Investing platforms cash in on crypto craze

Companies ranging from established robo-advisers like Betterment to upstarts like the crypto-focused robo Domain Money have launched new products in recent weeks to help clients navigate the complex and often confusing world of digital assets.

The latest in financial #AdviserTech — February 2022
YOUR PRACTICE RIAS FEB 17, 2022
The latest in financial #AdviserTech — February 2022

This month’s #AdviserTech roundup includes Wealthfront’s $1.4 billion acquisition by UBS, Gemini’s purchase of Bitria, and a couple of deals related to RIA compliance technology.

Crypto, fintech firms build platform to meet money-laundering rule
YOUR PRACTICE ALTERNATIVES FEB 17, 2022
Crypto, fintech firms build platform to meet money-laundering rule

Coinbase Global, Gemini Trust and Robinhood Markets are among the companies working to comply with the Treasury Department's 'travel rule.'

Betterment a potential target after Wealthfront deal
YOUR PRACTICE FINTECH FEB 16, 2022
Betterment a potential target after Wealthfront deal

The New York-based robo-adviser, which landed its largest capital funding round to date in September, for a valuation of $1.3 billion, could now have a significant bull's-eye on its back for potential buyers.

There’s a portrait of Jamie Dimon hanging in JPMorgan’s metaverse lounge
YOUR PRACTICE ALTERNATIVES FEB 16, 2022
There’s a portrait of Jamie Dimon hanging in JPMorgan’s metaverse lounge

Blockchain unit Onyx set up the lounge as it released a paper on how businesses can explore opportunities in the metaverse.

Ex-broker with career at failed firms gets 7 years for tech scheme
YOUR PRACTICE FINTECH FEB 15, 2022
Ex-broker with career at failed firms gets 7 years for tech scheme

Isaac Grossman hopped from firm to firm over his 13 years in the securities industry, and eventually was permanently barred from acting as a broker by Finra.

ISS adds service for ESG standards
YOUR PRACTICE FINTECH FEB 15, 2022
ISS adds service for ESG standards

ISS ESG Labels & Standards Solutions aims to help asset managers keep track of standards.

Hackers snagged $36 million in cryptocurrency in breach of IRA Financial
YOUR PRACTICE ALTERNATIVES FEB 15, 2022
Hackers snagged $36 million in cryptocurrency in breach of IRA Financial

Company has launched investigation and contacted law enforcement because Bitcoin and Ethereum were snatched from IRA users on Feb. 8.

Fintech raises $5.1 million to expand annuity platform for 401(k)s
YOUR PRACTICE RETIREMENT PLANNING FEB 14, 2022
Fintech raises $5.1 million to expand annuity platform for 401(k)s

Major insurers including Allianz Life, Franklin Templeton and Pacific Life are joining a venture firm in backing San Francisco-based Micruity.

Metaverse ETFs are the hot new thematic investment
YOUR PRACTICE ALTERNATIVES FEB 14, 2022
Metaverse ETFs are the hot new thematic investment

Investors are piling into exchange-traded products that offer exposure to companies jockeying to create virtual realities.

SEC cyber rule proposal poses challenges for small advisers
YOUR PRACTICE FINTECH FEB 10, 2022
SEC cyber rule proposal poses challenges for small advisers

Firms will have to beef up their ability to detect, react to and report attacks, which is easier to do if you have an IT department.

CAIS provides alts platform to Focus Financial firms
YOUR PRACTICE ALTERNATIVES FEB 10, 2022
CAIS provides alts platform to Focus Financial firms

The custom CAIS platform will allow for the evaluation of hedge funds, private equity, private credit, real estate, digital assets, and structured notes.

Q4 2021 top fixed-income ETFs
YOUR PRACTICE FINTECH FEB 09, 2022
Q4 2021 top fixed-income ETFs

See the top 50 fixed-income ETFs ranked by quarterly returns, the top 25 fixed-income ETFs ranked by largest inflows, and the top 25 fixed-income ETFs ranked by largest outflows

SEC proposes first cybersecurity rule for investment advisers
YOUR PRACTICE FINTECH FEB 09, 2022
SEC proposes first cybersecurity rule for investment advisers

Under the regulation, advisers would have to adopt and implement policies and procedure to address cyber risks and report incidents to the SEC and on their Form ADV.

SoFi looks for big win at Super Bowl LVI
YOUR PRACTICE FINTECH FEB 09, 2022
SoFi looks for big win at Super Bowl LVI

The wealth management fintech spent $625 million to secure the naming rights to Los Angeles’ football stadium in 2019 and will be hoping for a major return on its investment.

Betterment acquires Makara in push into crypto market
YOUR PRACTICE ALTERNATIVES FEB 08, 2022
Betterment acquires Makara in push into crypto market

Once Betterment launches its own crypto tool using Makara's technology, the tool will be available to retail clients, as well as through Betterment For Advisors, the company's business-to-business platform.