Category : Finance

Finance Fintech News

Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills

Business Wire
by Business Wire0
The report found that the average U.S. household spends $25,513 per year, or 34% of income on the ten most essential household bills, and also breaks out the household spending market size for each of these bill categories, percentage of households that pay each bill, and average monthly and annual......
Finance Fintech News

Calastone Appoints Nick Parsons as Chief Technology Officer

Business Wire
by Business Wire0
Calastone, on of the largest global funds network, has appointed Nick Parsons as Chief Technology Officer (CTO). As CTO, Nick is responsible for Calastone’s technology operations as well as product strategy and development. Bringing over 30 years’ experience in the IT and asset management industry, Nick is a proven technology......
Finance Fintech News

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Business Wire
by Business Wire0
Financial service providers must adopt a robust hybrid-banking model to retain customer trust and ensure easy account openings 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar......
Finance Fintech News

NEPC Survey Shows “Retirement Crisis” Is Real, But Resolvable

Business Wire
by Business Wire0
This year’s survey revealed that fees for managed accounts have dropped more than 10% over the past year, due to an increase in lower-cost providers, who are challenging established managed account providers on fees. NEPC, LLC, one of the country’s largest research-driven investment consultants and OCIO providers, today published the......
Finance Fintech News

BlackRock Successfully Prices $3 Billion Offering of Senior Notes

Business Wire
by Business Wire0
BlackRock, Inc. today successfully priced a $3 billion debt offering consisting of three tranches of senior unsecured notes (collectively, the “Notes”): $500 million aggregate principal amount of 4.70% Notes due 2029 $1 billion aggregate principal amount of 5.00% Notes due 2034 $1.5 billion aggregate principal amount of 5.25% Notes due......
Blockchain Finance Fintech

Adams Street Partners, LLC Released Global Investor Survey for 2024

Fintech News Desk
by Fintech News Desk0
Survey results concluded that geopolitical risk is a key concern for investors, with 55% of respondents citing the US political climate as the biggest threat to global economic stability and growth. Adams Street Partners, LLC, a private markets investment firm, released its fourth annual Global Investor Survey for 2024. For......
Banking Finance Fintech

FIS® Announced that Applications are Open for the FIS Fintech Accelerator 2024

Business Wire
by Business Wire0
Two-week incubation and 12-week intensive program offers a unique opportunity for up to ten handpicked fintech companies to pressure-test and perfect their solutions under expert guidance. Participants benefit from FIS’ unparalleled position in the global financial ecosystem to launch solutions that drive economic vitality. Now in its ninth successful year,......
Artificial Intelligence Finance Fintech

The BILL 2024 State of Financial Automation Report Released

Fintech News Desk
by Fintech News Desk0
The survey results demonstrate that SMBs believe innovative technology such as AI and automation have beneficial capabilities for their financial operations.  BILL, a financial operations platform for small and midsize businesses (SMBs), unveiled The BILL 2024 State of Financial Automation Report which provides an in-depth look at emerging trends in......
Finance Fintech News

American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses

Business Wire
by Business Wire0
The new American Express and Amex GBT integration provides small and mid-sized businesses with better visibility and control over a range of employee spending including budgeting, purchasing with virtual Cards, booking business travel, and streamlined expense processing. American Express, American Express Global Business Travel What it is: American Express, a......
Finance Fintech News

Morgan Stanley Announces Launch of Private Markets Transaction Desk

Business Wire
by Business Wire0
Private Markets Transaction Desk supports secondary trading for shareholders of private companies through a company-centric focus with concierge service. Investors gain access to a distinct array of private market opportunities stemming from Morgan Stanley’s ecosystem encompassing Companies, Wealth Management Clients, and Institutional Investors. Morgan Stanley Wealth Management announced today the......
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