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OpEd: GameStopped Hearings Recap – Who Wins and Loses When Partisans Collide?
If Robinhood’s “Payment for Order Flow Revenue Model” is responsible for anything, it is for driving innovation and helping bring industry-wide brokerage commissions down to zero so that retail investors can trade commission free.
Luma & Insurance Technologies Partner to Bring Annuities Solution to Market
Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected Insurance Technologies, LLC, provider of FireLight®, a multi-carrier end-to-end insurance and retirement sales platform, as its latest partner to bring their annuities solution, “Luma Annuities,” to market.
All-Digital Varo Bank Partners with NBA All-Starr Russell Westbrook
Varo Bank announces extensive engagement with Russell Westbrook, nine time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer
Study Shows Target Shareholders Spend More With Retailer
Bumped—the fintech company on a mission to create an ownership economy through fractional stock rewards—released data from their two-year pilot study showing that when Target customers become a shareholder in the brand, they increase their monthly spend 41%.
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
DWealth Muse Podcast Series: Episode 1 – The Reddit Rebellion
Podcast Episode One (recorded 2/17/21) is titled "The Reddit Rebellion" and focuses on the...
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.
Will Smith, J.J. Watt, The Chainsmokers Take on Robinhood. Hello Public!
Public is a stock trading firm that aims to be the "anti-Robinhood" of public markets, has a more social focus and does not sell its investor's order flow.
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.