Tagged: digital financial services

February 22, 2026 @ 2:30 pm By Omar Faridi  |  

Betterment, a digital wealth management platform, continues to innovate by expanding access to homeownership tools and professional-grade investment strategies. Recently, Robo-advisory and wealthtech Betterment the company announced two key updates designed to deliver greater value to its more than one million customers and the independent… Read More

February 5, 2026 @ 12:39 pm By Omar Faridi  |  

In a key development aimed at enhancing its position in the fast-growing wealth management sector, BNY (NYSE: BK) has unveiled significant adjustments to its senior executive team. Announced recently, these changes are designed to streamline operations and foster greater innovation within its Wealth Solutions division…. Read More

January 29, 2026 @ 8:35 pm By Omar Faridi  |  

Jack Henry & Associates (Nasdaq: JKHY) has introduced a transaction enrichment feature on its Banno Digital Platform. This new capability, developed through a strategic collaboration with Bud Financial, is designed to deliver sharper, more precise transaction details to users at community banks and credit unions…. Read More

January 29, 2026 @ 9:27 am By Omar Faridi  |  

Seen Finance, an affiliate of Snap Finance and the servicer behind the Seen-branded credit card, has forged a strategic alliance with Nova Credit, a key player in credit infrastructure and analytics. Announced on January 28, 2026, this collaboration aims to broaden credit opportunities by incorporating… Read More

January 26, 2026 @ 10:47 am By Omar Faridi  |  

Betterment has joined forces with fintech firm Capitalize. This collaboration introduces advanced technology to make transferring old employer-sponsored retirement accounts easier and more efficient for investors. The partnership centers on embedding Capitalize’s Rollover API directly into Betterment’s user-friendly platform. This integration enables customers to effortlessly… Read More

November 14, 2025 @ 8:03 am By Omar Faridi  |  

Betterment, a wealth and savings platform, has recently announced the launch of self-directed investing, a new offering that enables retail clients to buy and sell various stocks and ETFs commission-free. Via self-directed investing (SDI), Betterment extends its customer-first, intuitive experience to investors looking for more… Read More

September 9, 2025 @ 12:57 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) and Apex Fintech Solutions announced a partnership that includes a minority investment by State Street into Apex Fintech Solutions. State Street will leverage Apex’s digital custody and clearing platform “to expand State Street’s wealth services offerings to the global wealth… Read More

September 1, 2025 @ 8:49 pm By Omar Faridi  |  

The global fintech ecosystem is evolving, driven by the need for seamless user experiences, security, and efficient development processes. Plaid, a key player focused on financial data connectivity, has introduced updates that aim to enable developers, product managers, and businesses to build various Fintech solutions…. Read More

August 30, 2025 @ 3:56 pm By Omar Faridi  |  

During the past year, global wealth among high-net-worth individuals (HNWIs) surged by 4.2%, with their population growing by 2.6%, according to Capgemini’s World Wealth Report 2025. This steady growth seemingly underscores a thriving wealth management industry, but the report highlights a shift on the horizon:… Read More

August 28, 2025 @ 12:45 pm By Omar Faridi  |  

Visa (NYSE: V) has made the significant decision to shutter its U.S. open banking unit, as reported by Bloomberg. The move comes as the open banking ecosystem in the United States faces mounting challenges, including regulatory ambiguity and evolving strategies by banks to monetize customer… Read More

August 27, 2025 @ 8:30 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for growing businesses,  announced that its global payments platform has been chosen by Pipe, a fintech offering embedded capital products to small businesses, as a key partner to help enable the international growth of its business operations. This… Read More

August 25, 2025 @ 1:49 pm By Omar Faridi  |  

Alpaca, an API-first platform for stock, options, and crypto trading, has introduced a set of tools designed to elevate the trading experience for sophisticated algorithmic traders. Recently, Alpaca announced the launch of its Direct Market Access (DMA) Gateway and an enhanced suite of advanced order… Read More

August 23, 2025 @ 8:09 am By Omar Faridi  |  

The financial sector is undergoing a major shift as traditional banking firms pivot toward blockchain technology, recognizing its potential to reshape the digital economy. A report from CB Insights highlights how major banks are diving headfirst into the digital asset ecosystem, leveraging blockchain to make… Read More

August 22, 2025 @ 2:27 am By Omar Faridi  |  

Openbank, part of the Santander Group, has chosen Upvest as its new investment infrastructure provider. By integrating Upvest’s Investment API, Openbank is “strengthening its investment offer with a modern experience and deep localisation in the German market.” This enables Openbank to offer a “digital-first product… Read More

August 21, 2025 @ 4:40 pm By Omar Faridi  |  

Starting in October 2025, DriveWealth Bank Sweep Deposit Program customers’ cash will be automatically swept into a network of multiple FDIC-insured banks, “enabling coverage of up to $1 million per customer — significantly higher than the standard single-bank $250,000 limit.” This enhancement provides DriveWealth partners with… Read More

August 15, 2025 @ 7:20 am By Omar Faridi  |  

Tuum, the core banking provider, has been selected by Oliver Business Development (OBD) Holding to power its newly licensed e-banking services in the MEA region called Uptex Bank. The partnership marks Tuum’s first customer in the Middle East and reinforces its strategy to “support financial… Read More

August 12, 2025 @ 3:26 am By Omar Faridi  |  

In a step toward advancing digital financial services, Banking Circle, a global correspondent bank, has strengthened its partnership with Elliptic to ensure robust compliance for its EURO-based stablecoin, EURI. Launched in August 2024, EURI is one of the first stablecoins compliant with the European Union’s… Read More

July 30, 2025 @ 2:59 am By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent adviser platform groups, continues to solidify its position in the financial services sector through strategic partnerships and other key updates. Recent developments underscore this momentum which includes the the selection of Third Financial as the platform partner… Read More

July 30, 2025 @ 2:17 am By Omar Faridi  |  

In a recent move for the United Arab Emirates’ financial services sector, RAKBANK has become one of the first banks in the MENA region country to offer crypto brokerage services directly to retail customers through its mobile app. This milestone marks a step toward integrating… Read More

July 27, 2025 @ 1:25 am By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the appointment of Mickey Schleien, CFA, as Managing Director and Senior Analyst, “leading equity research coverage of Business Development Companies (BDCs) and Collateralized Loan Obligation (CLO) closed-end funds.” He… Read More