Major players continued to tidy their books, giving space to upstarts and unique firms a chance to showcase their innovative solutions. The big guns will return and settle in, giving the industry its next dose of enhanced utility.
Headlines to take note of:
- IEX collaborated with DataBP to improve its data operations;
- Family offices and HNIs now have extra options, thanks to a tie-up between ByAllAccounts and Copia Wealth Studios;
- Boutique advisory platform introduced AI-powered FAQs;
- PayPal launched a crypto checkout tool;
- PNC and Oracle unveiled a cloud-based integration (read on to find out);
- And much more!
Of course, this is your week in digital wealth!
Are you and your firm AI-Ready? Join AICFP today and receive education certification for financial professionals and more – click here for more info!
Wealthtech, Regtech, Regulatory, and Treasury
IEX Group, Inc. (IEX)/DataBP, LLC
IEX partnered with DataBP to overhaul its market data operations by adopting DataBP’s platform. The collaboration automates licensing, reporting, and compliance workflows.
Additionally, the move allows IEX to reduce administrative friction and focus on delivering innovative solutions to its subscribers.
Copia Wealth Studios, Inc./ByAllAccounts, Inc.
To strengthen its platform for high-net-worth clients and family offices, Copia Wealth Studios teamed up with ByAllAccounts, the Morningstar Wealth-owned subsidiary. The collaboration helps solve the data aggregation hurdles investors face.
Furthermore, the tie-up enables Copia to offer a unified dashboard that simplifies portfolio tracking and enhances financial visibility.
Wealthtender, Inc.
Financial advisors and wealth management firms can improve visibility, thanks to digital advisor directory Wealthtender’s AI-optimized FAQs. The feature enables the publishing of Q&As on their Wealthtender profiles, enhancing discoverability.
Furthermore, the capability supports both Search Engine Optimisation (SEO) and Answer Engine Optimisation (AEO), improving advisor search and evaluation.
Still on AI, boutique Fintech Vise launched customizable options overlay strategies. The feature expands Vise’s direct indexing capabilities, allowing advisors to define parameters around protection levels, income generation, and risk tolerance.
Furthermore, the overlays work seamlessly with existing holdings, avoiding disruptive rebalancing or tax consequences.
Crypto, Blockchain, and Digital Assets
PayPal, Inc.
E-commerce giant PayPal introduced Pay with Crypto, a digital asset checkout tool. The platform enables instant conversion between cryptocurrencies, stablecoins, and fiat currencies.
Moreover, the deployment supports over 100 digital assets and wallets, including Coinbase and MetaMask.
Interactive Brokers LLC
A July 28 Reuters report revealed plans by Interactive Brokers to launch a stablecoin. Interactive Brokers Founder Thomas Peterffy hinted at plans to introduce a customer-focused token.
However, the firm has yet to disclose its intentions.
J.P. Morgan Chase/Coinbase
To streamline cryptocurrency transactions, banking behemoth J.P. Morgan Chase joined forces with Coinbase. The collaboration enables users to link J.P. Morgan bank accounts to Coinbase wallets through secure APIs.
Consequently, the duo also revealed Fall compatibility plans between Chase credit cards and the Coinbase platform.
Fintech, Personal Finance, and Apps
Payments giant Mastercard launched the AI Card Design Studio, a platform that enables issuers to create personalized card designs. The automated solution enables the upload of brand assets, real-time customization, and final output downloads.
Furthermore, the platform has support that enables banks to offer options to consumers and small businesses.
Navan, Inc./American Express
Cost-focused Fintech Navan and American Express collaborated to launch a virtual card integration that simplifies travel and expense management. Corporate Card members can now generate unique virtual cards via Navan bookings.
The integration also incorporates Navan Connect, an offering that enables access to internal card programs alongside Navan’s infrastructure.
Stockwell AI, Inc. (Bodega Ai)/SignaPay
Pricing specialist Bodega Ai and SignaPay partnered to revolutionize point-of-sale (POS) systems for small businesses. The setup combines Bodega Ai’s intelligent POS platform with SignaPay’s PayLo Dual Pricing technology.
Qualified SignaPay partners can provide merchants with Bodega Ai’s POS system at no cost, enabling accessibility for small business owners.
Niche Fintech JustPaid launched a fintech marketplace designed to help companies move beyond basic automation and build integrated financial workflows. The platform combines API integrations with certified services.
App partners can integrate with the JustPaid API infrastructure, get certified, and achieve marketplace listing status. On the services side, professionals can also get certified and offer users AI-driven financial expertise.
Banking, Payments, and Infrastructure
To simplify financial operations for clients, PNC Bank integrated its PINACLE Connect® offering with the Oracle Fusion Cloud ERP platform. The deployment enables user-driven treasury management processes from within the Oracle ERP system.
Furthermore, the cooperation automates manual workflows, reduces friction, and improves accuracy.
InvestiFi/Illiana Financial Credit Union
Chicago Heights, Illinois-based Illiana Financial Credit Union partnered with InvestiFi. The 25,000-strong credit union offers members several instruments per the partnership.
They include equities, ETFs, and cryptocurrency tokens. Additionally, members can access a wealth-building and portfolio management feature from within the solution.
Fiserv, Inc./Linker Finance, Inc.
CFI-focused Fintech Linker Finance revealed its availability on the Fiserv AppMarket Communicator Open platform. FIs can access the ecosystem and deploy seamlessly.
The setup also has an easy-to-click deployment process.
CREATIO AMERICAS Inc.
AI-focused CRM platform CREATIO introduced AI-powered workflows and no-code tools for banks and credit unions. The update enhances customer lifecycle management, product fulfilment, internal operations, and compliance processes.
Moreover, the additions also include embedded AI agents for regular operational tasks.
REtech, Insurtech, and Investing
Insurity, Inc.
Premier Insurtech Insurity enhanced its claims platform with AI and automation capabilities. Updates include a redesigned user interface, backend framework, and support for digital workflows.
Additionally, the changes accelerate digital transformation scenarios, improve usability, and minimize operational costs.
Slice Insurance Technologies Inc.
Similarly, to streamline risk submissions, boutique Insurtech Slice Insurance launched an upgraded LLM-focused platform. The ecosystem aims to serve small and mid-market businesses.
Moreover, the system enhances accuracy and quality via workflow automations and real-time insights across sectors.
Powerscout Inc. (ZestyAI)
Still on AI, ZestyAI launched ZORRO Discover™. The GenAI agent enables access to regulatory and competitive insights.
Insurance-specific data from all fifty states powers the data backend. Furthermore, the platform supports plain-language search, delivers executive-level summaries, and tracks market trends to guide strategic decisions.
First American Title Insurance Company
First American Title introduced AgentNet Assist, a GenAI tool that enhances productivity. The offering has integrations with the AgentNet platform.
Furthermore, the solution enables proprietary underwriting data searches and summaries.
