Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’
Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic...
Wealth Management
Larger Sellers Account for 51% of Square’s Gross Payment Volume as ‘Ecosystem’ Takes Root
Square Inc. saw gross payment volume increase 28% year-over-year to $23 billion in the fourth quarter of 2018. The payments processing...
JPMorgan to Up Tech Spending as Higher Rates Boost Revenue
JPMorgan Chase & Co. said it expects to spend much of the windfall from higher interest rates on technology investments...
What ‘Digital Investment Advice’ Product Is Northern Trust Building?
When a money manager that controls $1.1 trillion decides to build a new digital product, the effort deserves attention. But...
These 12 Startups Are Competing in the Demo Contest at Bank Innovation Ignite
The 12 startups demoing to try to win the "best in show" award at Bank Innovation Ignite have been unveiled....
Germany Bans New Wirecard Short Sales in Unprecedented Move
Germany’s financial regulator took the unprecedented step of temporarily banning short sales of Wirecard AG shares following reports of suspicious...
Fidor Teams with Finn AI to Launch AI Chatbot for Banking Clients
With plans to expand its B2B business across Europe over the next 18 months, German fintech Fidor Solutions teamed up...
Apple, Amazon, Alibaba Are Coming After Banks, Regulators Say
Giant technology companies are moving inexorably into the finance business and could quickly upend the banking industry, according to the...
Crypto Finally Poised to Get Institutional Money, Novogratz Says
Institutional money should start to flow into cryptocurrencies within the next year, setting the stage for a rally, according to...
BI Ignite 2019 DEMOvation Application Deadline is Friday
Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of...
