Active Wealth Management Firms Target Next-Gen Investors Using Old Tech
#Wealth #management #firms around the world are focused on the next generation who will inherit wealth, but their #tech is more Boomer than Gen X.
Financial Technology
#Wealth #management #firms around the world are focused on the next generation who will inherit wealth, but their #tech is more Boomer than Gen X.
Financial Technology
#DriveWealth has developed a platform to let fintechs and challenger #banks around the world offer their customers commission-free trading in U.S. #equities.
Financial Technology
#India’s central #bank’s decision to ban all #banks and entities that come under its authority did not go #well with the country’s #crypto traders/#investors. Many expressed their anger at the #Reserve Bank of India on social media platform under the hashtag #RBICantStopMe. One investor notes: Campaign against the preposterous decision by RBI to ban the […]
Bank Innovation
EXCLUSIVE — If there’s any question that digital mortgage firms are gaining attention from larger #fintech players and #investors, then look no further than venture capital firm Santander InnoVentures‘ investment in Roostify, a startup that digitalizes the mortgage application process. Madrid, Spain-based Santander InnoVentures, the fintech VC arm of major Spanish #bank Santander Group, announced that […]
Bank Innovation
Big #banks say they want to invest in #fintech. But which are the ones actually putting their money on it? Well according to a report by CB Insights, of the ten bulge bracket banks, that would be Goldman Sachs. Based on the new report by CB Insights, which looked at top bulge bracket budget banks, […]
Bank Innovation
Just over half of #cryptocurrency #investors believe that it will be integrated into the everyday economy in the coming years. According to a recent survey by #blockchain platform Waves, 51% of cryptocurrency investors across the world believe this. Further, 90% of the 700 crypto investors around the world that were surveyed believe in the #future […]
Bank Innovation
EXCLUSIVE — With its recent launch in the U.S., #cryptocurrency #exchange #bitFlyer wants to bridge the trading gap between two of the #world’s #largest #bitcoin markets. “Japan is the largest bitcoin trading market in the world, about 50% of it happens in there; the U.S. is the second biggest market,” Bartek Ringwelski, chief operating officer […]
Bank Innovation
EXCLUSIVE—#Bitcoin #futures are the perfect medium for #investors curious about #cryptocurrency, as they #allow customers to #play “#both sides” of the #market, Rich Hagen, president of #Ally #Invest, told Bank Innovation. “What’s interesting about bitcoin futures is that you’ll have the ability to take both sides of bitcoin—it’s a two-sided market, you can go long […]
Bank Innovation
EXCLUSIVE — With payment volumes and revenue on the up, payments company Square had another positive quarter yesterday as it reported its third-quarter earnings. However, company #investors and enthusiasts should keep a closer eye on Square’s #service business in future quarters, if yesterday was any indication. This section of Square’s business reported $ 65 million in […]
Bank Innovation
EXCLUSIVE— Online lender #LendingClub Corp. reported revenue at an all-time high, growth in loan originations, and declining losses during its third quarter earnings yesterday, but its guidance for the fourth quarter has sent its stock plummeting. LendingClub stock fell 22% in the hours after the company’s earnings call. The decline comes after the company’s CFO, Thomas […]
Bank Innovation
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