fbpx

Northern Trust has partnered BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. InvestorCOM announced a three-year data deal with Morningstar Inc. RIA in a Box joined forces with Morningstar, Redtail Technology (Redtail), and Riskalyze to help new RIAs work remotely and more efficiently. Charles Schwab gets DOJ approval to buy TD Ameritrade. Sezzle together with the Center for Generational Kinetics announced the results of a landmark nation-wide survey of young consumers. Moody’s Analytics has added new capabilities to its small business loan application and lending portal. Wealthfront has introduced several new features to its Cash Account.

BlackRock

Northern Trust has partnered BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. The new capabilities, delivered through BlackRock’s investment management and operations platform, Aladdin, will provide clients with increased efficiency, interoperability and transparency across the back, middle and front office.

Find details here.

Sezzle

Sezzle, the leading North American, purpose-driven, payments platform, together with the Center for Generational Kinetics, a global leader in generational research, announced the results of a landmark nation-wide survey of young consumers, providing new insights into how younger generations of consumers think about personal finances, credit products, and payments.

Find details here.

Moody's Analytics

Moody’s Analytics has added new capabilities to its small business loan application and lending portal to help banks process loan forgiveness applications under the CARES Act Paycheck Protection Program (PPP)

Find details here.

Investorcom

InvestorCOM, the leading provider of regulatory compliance software and communications solutions for the financial services industry, announced a three-year data deal with Morningstar Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia.

Find details here.

Charles Schwab

Charles Schwab gets DOJ approval to buy TD Ameritrade. Charles Schwab last November agreed to buy TD Ameritrade in an all-stock deal valued at $26 billion. The merger could create a brokerage giant in a market that has been ravaged by price wars.

Find details here.

RIA-in-a-Box

RIA in a Box, a leading provider of compliance, cybersecurity, and registration software and services solutions for the wealth management industry, announced it has joined forces with industry leaders Morningstar, Redtail Technology (Redtail), and Riskalyze to help new registered investment advisors (RIAs) work remotely and more efficiently in the wake of COVID-19. The Path to Independence Promotion will allow advisors that partner with RIA in a Box to register a new RIA firm to use industry-leading cloud-based technology from the supporting firms, free of charge, based on their unique business needs through December 2020.

Find details here.

Wealthfront

Wealthfront’s cash account now has a debit card and direct deposit, making it more like a hybrid checking and savings account. Wealthfront has introduced several new features to its Cash Account so it acts as a hybrid savings/checking account. Beginning June 3, Wealthfront is gradually making these features available to existing customers. By the end of June, anyone will be able to access these features.

Find details here.

PayTech Round-Up January 13, 2021

PayTech Round-Up January 13, 2021

Bakkt goes public. NCR buys Cardtronics. Mastercard launches a new tool. EVO Payments expanded its suite of solutions. ThryvPay processed more than $2M. PrimaHealth Credit launched a BNPL payment plan. PayJunction launched an electronic…

WealthTech Weekly January 11, 2021

WealthTech Weekly January 11, 2021

Twenty Over Ten launched a refreshed brand and revamped website. Citadel Servicing Corporation is rebranding as Acra Lending. Integrated Advisors Network acquired ReDefine Independent Advisors. Captrust Financial Advisors acquires MRA Associates. Hub International…

PayTech Round-Up December 23, 2020

PayTech Round-Up December 23, 2020

Wirex is a principal member of Visa in Europe. Big Y will use NCR Corporation’s platform. Thoma Bravo LP acquires RealPage Inc. Billhop partners with Visa Finland and Oma Säästöpankki Oyj. Rent-A-Center acquires…

WealthTech Weekly December 21, 2020

WealthTech Weekly December 21, 2020

Fischer & Company will merge with Stralem & Company. Raymond James is to acquire Financo. RightCapital integrates with LPL`s ClientWorks program. Docupace partners with Ameritas. Taxdoo raised $21 million. Landbay attracted more than…

PayTech Round-Up December 16, 2020

PayTech Round-Up December 16, 2020

Gleif plans to develop a digital service. Swedish Rocker pilots the contactless fingerprint debit card. Barclaycard launched a new online platform. OKCoin will trade Blockstack's STX since January. FMX trading platform is officially…

WealthTech Weekly December 14, 2020

WealthTech Weekly December 14, 2020

Wealth Enhancement Group increased its AUM by $3B. LaSalle St. rolled out its Growth Acceleration Platform. Fusion Financial Partners launched FusionNetix™. benjamin launched its complete technology. WageCan partners with CYBAVO. SimCorp collaborates with…

PayTech Round-Up December 9, 2020

PayTech Round-Up December 9, 2020

Zuora partners with Stripe. TransferGo teamed up with Mastercard. Boom Commerce partners with Paide. Finexio partners with Veem. Fulcrum Equity Partners sold their investment in Fattmerchant to GSV. CULS selected ACI Speedpay.…

WealthTech Weekly December 7, 2020

WealthTech Weekly December 7, 2020

S&P Global will buy IHS Markit. FMG Suite acquired Twenty Over Ten. Laird Norton Wealth Management merged with Filament. FA Match announced a $1M pre-seed funding round. New appointment atBNY Mellon Wealth Management. AlphaTrAI…