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Artificial Intelligence-Based Asset Manager AlphaTrAI Reinforces Talent, Resources with Advisory Council Expansion
AlphaTrAI is adding the founder of a prominent wealth management M&A firm and a leading tech venture capitalist to its advisory council, while also making a former president of LPL Financial the council’s chairman, the firm said today in a press release.
Publisher Notes For 12/3/20
Holiday Greetings from Digital Wealth News™ !
Hoping this finds you and...
Digital Banks Seek Fin-TikTokers and Fin-Fluencers
Competition for new banking customers between large established traditional banks and the new 'challenger' (a/k/a digital banks) banks has taken a new twist. Challenger banks like Starling, Revolut, Chime and others have "attacked" the traditional banking industry with little or no fees, innovative services and products, easy to use apps and no branches
Top 5 VC Deals of the Week in the Digital Wealth Sector (12/2/20)
You would think that with last week's Thanksgiving holiday here in the US, muted as it was due to the pandemic, we would have seen slowed down deal activity in the fintech sector. Turns out that assumption would be WRONG, and we still saw deal closings, believe it or not, with one that topped $300M(!!) and three more topped the $100M+ figure.
Wealthtech & Advisory Firm deVere Group Reports High Interest Levels in Second Passports
The CEO of international financial advisory deVere Group, Nigel Green, has recently issued a statement noting that anecdotally, the firm is experiencing unusually high numbers of clients requesting assistance with its citizen and residency service.
Cross-border B2C eCommerce Spend to Break the $1 Trillion Barrier in 2022, Catalysed by...
According to Kaleido’s new report on B2C Cross-border eCommerce: Market Outlook 2021, regional growth of cross-border sales will outstrip domestic eCommerce growth in all regions.
Publisher Notes (11/25/20)
We hope you have a fun Thanksgiving planned - whether for one or ten or more - with masks - or not with masks - whichever you prefer. No judgements here. Just giving thanks for this wild, crazy year that has been 2020 and all the wisdom it has brought us.
Western Union Advances Its Digital Growth Strategy With Investment in stc pay
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company has entered into a definitive agreement to acquire a minority stake in fast growing Saudi Digital Payments Company, or stc pay
Securechain Launches Finmail Mailbox to Send Digital Currency by Email
Finmail Mailbox integrates both email and a digital currency payment feature, so that people can use their mailbox and email address to send and receive emails as well as digital currencies such as Bitcoin and USDT.
Top 5 VC Deals of the Week in the Digital Wealth Sector (11/25/20)
Some substantial deal flow this past week in fintech VC. Apparently folks are rushing to close up deals before end of year and the beginning of 2021, and whatever type of presidency that delivers in the US.