The Week in Digital Wealth (10/31/23)


“Money 20/20 Las Vegas” began and ended with a bang.

Lots of “out-of-the-box” solutions were everywhere.

That said, Liquidnet gave the markets a new gift per analytics.

BNY Mellon added a white-label option to its liquidity solution.

Crypto criminals will face the heat across the pond in the UK.

The NYSE will focus on startups (and their founders, of course).

The CFPB unveiled a new open banking proposal (and some “scary” numbers per credit card debt).

Plus, Microsoft is deploying an AI framework with a new partner in the insurance industry.

It’s your week in digital wealth!

Note: The Elon Musk “X” payments story is still evolving.

WealthTech, RegTech, Regulatory, and Treasury


Liquidnet, the investment network behemoth, introduced a pre-trade analytics product.

The new solution provides critical pointers, including projected trade volume and activity for participants.

Liquidnet’s pre-trade analytics offering is available for American and European derivatives.

BNY Mellon

BNY Mellon added whitelabeling to its “LiqudityDirect” product.

The new feature enables short-term investment options for financial institutions.

Templum, Inc.

Access to private and alternative markets is now easy with t a one-stop solution that integrates just about everyone (“Templum One”).

“Templum One” vertically integrates access to alternative marketplaces, creating seamless trade experiences.

Crypto, Blockchain, and Digital Assets

Shift4 Payments, Inc./Zero Hash

Web 3.0 merchants have a new fiat-to-crypto on-ramp solution with the revelation of a partnership between Shift4, the hospitality payments platform founded by commercial astronaut Jared Isaacmen, and the premier B2B digital asset integration ecosystem, Zero Hash.

The cooperation enables native API integration and Zero Hash’s “identity-verification-as-a-service.”

The United Kingdom of Great Britain and Ireland

Criminals and other bad actors have the government noose over their crypto earnings with the passage into law of “the Economic Crime and Corporate Transparency Bill” across the pond.

The new bill, which received royal assent, enables the government to seize digital assets from individuals without prior convictions upon evidence that the assets are the alleged proceeds of crime.


At the recently concluded “Money 2020″ event in Las Vegas, Mastercard, the payments giant, revealed its collaboration with leading crypto payments firm MoonPay.

Per the cooperation, MoonPay will integrate several aspects of Mastercard’s infrastructure, including the boutique Web 3.0 solution (” Mastercard Crypto Credential”) and “Click to Pay”.

FinTech, Personal Finance, and Apps

Deserve, Inc./Mastercard

Deserve, the mobile-focused credit platform increased its processing capacity by integrating with Mastercard’s ecosystem.

The integrations give financial institutions and small businesses “single window” access to the payment giant’s ecosystem, including open banking.

The New York Stock Exchange (NYSE)

Startups have a new helper with the launch of a program by the premier exchange to assist founders with the necessary tools for success, including product feedback tools and advice from industry leaders (the “NYSE Launchpad”).


Signifyd, the boutique online fraud retail firm, revealed the expansion of its footprint with its tools added to Adobe’s commerce ecosystem.

The integration involves Signifyd’s AI-driven model, which creates a seamless, secure checkout experience.

Banking, Payments, and Infrastructure

Highnote Platform, Inc.

Highnote, the card issuing upstart, revealed the expansion of its ecosystem to include the consumer credit segment of the industry.

The new capabilities of Highnote’s platform include customer input per credit decisions, scenario modeling for FIs and FinTechs, plus expert guidance per onboarding.


Sift, the safety-focused firm, unveiled added features to its payment protection product.

Multiple payment channel coverage, improved layered machine learning models, and customer-focused resolution and experience-based data integrations are part of the new capabilities.

NerdWallet/Bond Financial Technologies

NerdWallet, the premier tech-oriented personal finance company, unveiled its first credit-building card solution (“NerdUp”).

“NerdUp” levels the playing field for Americans with credit issues. Features include a “soft” credit check, zero periodical fees, a $100 minimum deposit, and no interest rates for early birds who pay their bills on time.

Bond, the leading embedded finance firm, powers the solution.

The Consumer Financial Protection Bureau (CFPB)

The CFPB introduced a proposal that affects the Personal Financial Data Rights rule.

The proposal requires FIs and FinTech firms to exchange data free of cost while allowing for consumer rights and protections, including the right to choose which third-party firms access their data.

The agency also identified $130 billion in charges, comprising $105 billion in interest and $25 billion in fees.

The figures are part of the agency’s report on the credit card market presented to Congress.

Outstanding credit card debt crossed the $1 trillion limit last year.

REtech, InsurtTech and Investing

Guidewire/SMA Technologies

Players in the insurance industry have a new accelerator (“OpCon accelerator”).  SMA, the business automation leader, and Guidewire, the InsurTech behemoth developed the solution.

“OpCon accelerator” is an end-to-end solution integrated with “Guidewire Cloud” and available on the “Guidewire Marketplace.”

Paymentus Holdings Inc./MRI Software 

Tenants across America can pay bills via multiple options, with the announcement of a partnership between Paymentus, the billing-focused FinTech, and MRI, the boutique RETech firm. 

Per the cooperation, renters within MRI’s ecosystem can pay their utility bills for providers connected to the (“Paymentus Instant Payment Network®” (IPN)).


FRISS, the global Property and Casualty automation colossus, revealed its partnership with Microsoft, the tech behemoth, to improve its fraud models. 

Per the collaboration, FRISS will deploy its models within the  “Microsoft Azure OpenAI” framework for enhancements. 

FRISS’s solutions are also available on the “Azure Marketplace” and “Microsoft Appsource”.