Brookfield, iCapital Launch Alts Allocator Tool for Advisors to Model Impacts of Alternatives in Portfolios

Brookfield announced its private wealth platform has partnered with iCapital to launch a new interactive asset allocation tool for financial advisors and their clients. Powered by iCapital Architect, “Alts Allocator” utilizes three research-based high-net-worth investor profiles to illustrate how adding alternative investments to a traditional… Read More

Global Fintech Thunes to Enable Real-Time Mobile Wallet Payouts for Mashreq Clients

Thunes, the so-called “Smart Superhighway” to move money across the globe, announces a new collab with Mashreq, a financial institution in the MENA region, to launch real-time mobile wallet payouts for millions of Mashreq customers. Enabled by Thunes’ Direct Global Network, the partnership will allow… Read More

Public Announces Acquisition of Alto’s CryptoIRA Business

Public has announced the acquisition of Alto’s CryptoIRA business, further expanding how investors are able to build “long-term” wealth via crypto in tax-advantaged accounts. For Alto clients, this marks a new phase in their journeys. The transition is expected to take place by early next… Read More

UK SME Revenues Grew Significantly when Given Access to Loans : Research

Research from Capital Economics, commissioned by SME lender iwoca, reveals that SMEs receiving a loan are able to boost their monthly revenues by an average of nearly 20%. The recent analysis, which is said to be based on data from current accounts of iwoca customers,… Read More

Digital Banking : Nubank Introduces Tools for Responsible Credit Building

Nubank (NYSE: NU), one of the world’s digital financial services platforms, announces the launch of products that aim to enable greater autonomy for customers. The Nu Guaranteed Limit (Nu Limite Garantido) and the Limit Mission (Missão Limite) reinforce Nubank’s positioning as “a partner in the… Read More

Carta to Acquire Sirvatus to Provide Loan Operations to Private Credit Fund CFOs

Carta, the software platform for private capital, announced that it has acquired Sirvatus, a loan administration platform for private credit funds. The acquisition reportedly makes Carta the first integrated platform for private credit fund CFOs, combining fund administration, loan operations, and investor reporting into an… Read More

BNY Introduces Stablecoin Reserves Fund, Expanding Digital Assets Product Suite

BNY (NYSE: BK), a financial services company, announced the launch of the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a money market fund intended to support institutional adoption of digital assets in the liquidity ecosystem. The fund is meant to enable U.S. stablecoin issuers and other… Read More

Bank of America Introduces 401k Pay to Simplify Retirement Income Management

Bank of America (NYSE: BAC) is launching 401k Pay, a solution designed to convert 401(k) account assets into a retirement income. Offered starting from November 17 to the company’s corporate plan sponsor or plan participant clients, the digital solution provides 401(k) recordkeeping, deposit options and… Read More

Visa Direct Stablecoin Payouts Pilot Aims to Improve Access to Funds for Gig Workers

Visa Inc. (NYSE:V) announced a breakthrough pilot enabling businesses and platforms to send payouts directly to recipients’ stablecoin wallets. For businesses using Visa Direct, payouts may now be funded in fiat money, while recipients can choose to receive their funds in USD-backed stablecoins such as… Read More

AURAS Pay Introduces Decentralized Payment Tech Platform in Dubai

AURAS Technologies MENA FZCO, a Dubai-based firm that is specialized in Distributed Ledger Technology (DLT) services, has recently announced the launch of AURAS Pay, which is described as a non-custodial decentralized payments platform that allows various merchants to accept and manage digital asset transactions directly… Read More

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