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Broadridge Releases Results of Next-Gen Technology Adoption Survey
Half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies
Fintech Luminaries – Meet Cheryl Nash of InvestCloud’s Financial Supermarket
We’d like you to meet Cheryl Nash, CEO of InvestCloud's Financial Supermarket™ (formerly Tegra118), which enables wealth and asset management firms and their advisors to deliver better outcomes and experiences to their investors.
Publisher Notes For 2/17/21
Welcome to our latest edition of Digital Wealth News! Will Smith's investment in fintech, Ikea's venture into digital banking, bitcoin's meteoric rise to $50,000 - industry defining events are occurring NOW and we're covering them all for you here! Check it out!
Recent Market Disruption Escalates Interest in AI-Driven Asset Management
With the ongoing surge of self-directed online trading expected to further fuel market volatility, wealth management firms and technology entrepreneurs alike are seeking asset management solutions that can supersede or sidestep human emotions and bias to create better outcomes.
Here Come the Fintech SPACs
After SPACs, or special purpose acquisition companies, became one of the preferred ways to take innovative companies public last year, a flurry of “SPAC-tivity” has taken place in the fintech sector, headlined last week by the acquisition of New York-based MoneyLion, a comprehensive personal finance, advice and investing platform, by Fusion Acquisition Corp.
Ikea Goes After Walmart & Alibaba in Digital Banking Wars
Here are three of the world's great retailers - selling affordable goods to the public the world over - and yet, retail sales alone is not enough for any of them. All three have now taken major moves into fintech and digital banking.
FICO Survey Finds Shadow Banking Siphoning Bank Customers
While the vast majority of US consumers (86 percent) are satisfied with their banks, they are increasingly open to working with new providers, including fintech companies and other non-bank providers, to address critical unmet financial needs.
New Fintech Firm For Healthcare Payments Launches
A new healthcare fintech startup has a solution: PayZen pays hospitals upfront for patient invoices and offers patients zero-interest, fee-free payment plans.
Prospect 33 Acquires 8of9 Regtech Consulting Firm
Prospect 33 is delighted to acquire the consulting business of 8of9, a New York-based regulatory consulting and technology firm. Prospect 33 and 8of9 have had a strong strategic partnership since early 2019 and this acquisition increases our high-level domain expertise and bolsters Prospect 33's Risk & Regulatory advisory capabilities.
Small Business Loan Approval Rates Plummet Year Over Year According to Biz2Credit
Year over year, small business loan approval rates decline almost 50%