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How To Close A Deal In A Virtual Environment

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Before this year, virtual meetings weren’t exactly people’s first choice as a method for business communication. However, advisors should get used to hosting and attending them moving forward...
Press Release 1

Exclusive 2020 Holiday Season Data from PingPong Reveals Cross-Border E-Commerce Takeover

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The e-commerce sector has been the biggest winner from the pandemic. Exclusive data released today from cross-border payment specialist PingPong has shown strong global growth at the end of a year that has seen Covid-19 permanently shift consumer spending patterns from offline to online.

The Experts Weigh in on Trends in Digital Wealth for 2021, Part 2

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Last week we launched a "mini-series" on digital wealth predictions for 2021 from the top fintech minds in...

2020 Fintech Venture Capital Trends

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Each week, we publish the Top 5 Fintech VC Deals of the Week for our readers, but for our year end piece, we thought it would be interesting to take a look at some trends that happened in 2020 instead.
zCindy-New

Publisher Notes For 12/16/20

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Welcome to our latest edition of Digital Wealth News! One week closer to Christmas, New Years, 2021, which I know we ALL are looking forward to.

Top 5 VC Deals of the Week in the Digital Wealth Sector (12/9/20)

This week we saw YET ANOTHER British challenger bank receive funding this past week (gosh, there's a LOT of challenger banks out there now), plus an interesting new teen-based (you guessed it!) challenger bank out of SF. Also in this week's batch were an ATL-based payments app for e-commerce companies, an API platform for retail banking out of Chicago, and a credit card bill payment app out of India.
Press Release 1

S&P Global and IHS Markit to Merge in All-Stock Transaction Valuing IHS Markit at...

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S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) today announced they have entered into a definitive merger agreement to combine in an all-stock transaction which values IHS Markit at an enterprise value of $44 billion, including $4.8 billion of net debt.
Press Release 3

THE TIFIN GROUP Announces Acquisition of Portfolio Company, 55ip

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THE TIFIN GROUP today announced that its portfolio company, 55ip, a financial technology company with proprietary capabilities empowering financial advisors to deliver tax-smart investment strategies at scale, has entered into a definitive agreement to be acquired by J.P. Morgan Asset Management.
passport

Wealthtech & Advisory Firm deVere Group Reports High Interest Levels in Second Passports

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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.

Advisor Domain: Email Archiving: The Broker-Dealer’s First Line of Defense with Regulatory Penalties

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The ongoing coronavirus pandemic notwithstanding, FINRA continues to proceed at full speed when it comes to penalizing financial advisors for noncompliance with recordkeeping and supervision obligations. In particular, one recurring area where significant penalties can be imposed is with a financial advisor’s outside business activities (OBA).