February 10, 2024 @ 4:17 pm By Omar Faridi  |  

Farther, which claims to be among the nation’s leading technology-centric wealth management firms, announced recently its latest assets under management (AUM) of $2.2 billion, demonstrating a 4x year-over-year increase. Since its founding in 2019, Farther claims that it has “experienced record-breaking growth, fortifying its position… Read More

 Tagged farther, financial services, milestone, taylor matthews, wealth management

February 10, 2024 @ 8:58 am By Tony Zerucha  |  

This week, Consensys, a blockchain and Web3 software company, and Robinhood Markets launched the integration of Robinhood Connect with MetaMask, a self-custodial Web3 wallet. Using MetaMask’s Buy Crypto feature, customers can now purchase crypto through Robinhood’s order engine. The companies said the launch is part… Read More

 Tagged consensys, lorenzo santos, robinhood, Seong Lee, Web3

February 9, 2024 @ 6:28 pm By Omar Faridi  |  

Mastercard (NYSE: MA) collaborates with the Egyptian Banks Company (EBC), the advanced payments network and domestic operator in Egypt. The collaboration marks a significant step “towards fostering sustainable economic growth activities, further enhancing the digital payments landscape and driving inclusive economic development in Egypt.” Earlier,… Read More

 Tagged egypt, Egyptian Banks Company, mastercard, payments

February 9, 2024 @ 5:47 pm By Omar Faridi  |  

Brite Payments, an enabler of instant bank payments, announced that it has joined The Payments Association EU as a Patron Member. The membership underlines Brite’s commitment “to industry collaboration as it expands its product offering across Europe.” Brite Payments enables instant account-to-account (A2A) payments and… Read More

 Tagged brite, brite payments, EU, europe, european union, financial services, instant payments, the payments association

February 9, 2024 @ 5:45 pm By Omar Faridi  |  

Hiline, a provider of financial-operations-as-a-service that helps growth-minded organizations manage risk, improve outcomes, and make better decisions, announced it acquired Calculate, a New York-based outsourced accounting and finance firm dedicated to supporting the financial processes at emerging companies. This strategic acquisition represents “a significant milestone… Read More

 Tagged accounting, acquisition, calculate, hiline, risk management

February 9, 2024 @ 4:23 pm By Tony Zerucha  |  

The American Fintech Council (AFC), an association representing Fintech companies, has requested that the Consumer Protection Financial Bureau (CFPB) immediately convene relevant stakeholders for a comprehensive conversation on EWA products and consideration of formal rulemaking. “Director Chopra and the CFPB have been thoughtful partners and… Read More

 Tagged american fintech council, cfpb, ewa, ian moloney, Phil Goldfeder, rohit chopra

February 9, 2024 @ 11:20 am By JD Alois  |  

NatWest says it is the first UK bank to join the UK Open Banking DPS or Dynamic Purchasing System. As explained by the UK government: “… frameworks – otherwise known as agreements – help public and third sector buyers to procure goods and services from… Read More

 Tagged dps, natwest, open banking, uk, united kingdonm

February 9, 2024 @ 10:23 am By Tony Zerucha  |  

Blue Ocean Technologies, a capital markets provider of global trading and data, and DriveWealth, a fintech delivering financial services through its “Brokerage-as-a-Service” platform, today announced a partnership to expand real-time access and connectivity for global brokers. As part of the agreement, DriveWealth will provide its… Read More

 Tagged blue ocean technologies, Brian Hyndman, capital markets, drivewealth, Michael Blaugrand, overnight trading

February 9, 2024 @ 8:56 am By Omar Faridi  |  

NTT DATA, a global digital business and IT services leader, announced a new global banking research report entitled “The Digital Horizon: Banking’s Shift from Mainframe to AI-Driven Cloud Infrastructure.” The research has unveiled findings from “a survey of 650 global banking decision-makers, marking a definitive… Read More

 Tagged ai, banking, infrastructure, ntt data, research

February 9, 2024 @ 8:30 am By Omar Faridi  |  

Global financial technology firm FIS (NYSE: FIS) has announced another milestone in its drive to make secure open banking more accessible to its clients and their customers. Agreements are in place with data networks “including Akoya, Envestnet | Yodlee, MX and Plaid to integrate into… Read More

 Tagged fis, Hashim Toussaint, open banking