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RegTech Firm Smarsh’s Annual Survey Underscores Rising Compliance Risks of Remote Work Model

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The 10th Annual Smarsh Risk & Compliance Survey, which encompasses 450,000 professionals supporting more than $1.3 trillion in assets under management, emphasizes that the widespread and rapid shift to remote work models in response to the pandemic is unlikely to be fully reversed, with many wealth management firms likely to embrace large populations of remote employees going forward.

Broadridge Releases Results of Next-Gen Technology Adoption Survey

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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

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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.
Press Release 4

Nationwide Expands Insurtech VC Fund to $350M USD

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Nationwide is announcing it is expanding its venture capital investment fund to $350 million. The funding will be directed into high-growth potential insurance and financial services startups that directly advance Nationwide's strategy and enable even greater customer value
Press Release 1

Small Business Loan Approval Rates Plummet Year Over Year According to Biz2Credit

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Year over year, small business loan approval rates decline almost 50%

Post-GameStop, Future Compliance Risks Could Reshape Wealthtech

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For Sander Ressler, Managing Director of Essential Edge Compliance Outsourcing, a compliance supervision consultancy for the wealth management space, the Reddit-fueled surge in GameStop’s share prices towards the end of January was a memorable time for his firm.
Press Release 3

Skience and BankPlus Ink Agreement to Provide Industry-Leading Skience Platform to BankPlus Financial Advisors

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Skience, a leading financial services solution and consulting provider, today announced that it has finalized an agreement to provide its industry-leading platform to the wealth management division of BankPlus, a regional bank with 79 locations and more than $4.7 billion in total assets serving customers across Louisiana, Mississippi and Alabama.
Press Release 4

LendingClub Closes Acquisition of Radius Bancorp

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LendingClub Corporation (NYSE:LC) today announced the completion of its acquisition of Radius Bancorp, Inc. and its digital bank subsidiary, Radius Bank ("Radius").

Publisher Notes For 1/27/21

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Today is a big day for the Taylor household. We embark on a new chapter of our life - leaving the southern charm of Atlanta for the majestic, wild beauty of Montana on a 2,000 mile road trip with our 15-year old kitty in the back seat. Next week, Digital Wealth News will officially come to you from Bozeman! Getting the long undies ready! In the meantime, we have another great line up of content for you this week. Check it out!

Columbia Threadneedle Investments Selects Partners for Boston-based FinTech Start-up Accelerator Program

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Columbia Threadneedle Investments today announced the selection of three innovative fintech start-ups as its partners in 2021’s MassChallenge FinTech accelerator program. By partnering with these firms, Columbia Threadneedle and its parent company, Ameriprise Financial, hope to harness new technologies in the areas of data analysis, data privacy and security, and digital client experiences.