Category : Finance

The survey found that six in 10 middle-income Americans have not moved money to earn higher yields on their savings, and more than one in four do not know their current rate. Of those who know what their current rate is, 56% of middle-income consumers are earning less than 3%.......

Luma Financial Technologies Announces a Collaboration with BNY Mellon’s Pershing to Provide Next-Level Annuity Management Solutions

Business WireApril 3, 2024April 3, 2024

Through Pershing’s award-winning custodial platform, NetX360 ®+, advisors will be able to access Luma’s educational materials, analytics, and suitability tools to help them streamline and manage sales activities for all annuity product types. Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s......

Voya Financial announces new collaboration with Empathy to offer on-demand Bereavement Support in the workplace

Business WireApril 3, 2024April 3, 2024

Empathy’s services are now available to employees enrolled in group term life insurance offered by Voya through their employer. Voya Financial, Inc., announced today a new collaboration with Empathy, a comprehensive, on-demand concierge support system that offers bereaved families guidance and support for many of the administrative, emotional, legal and......

AdvisorEngine and Franklin Templeton Unveil Wealth Management’s Next Evolution of Goals-based Planning

Business WireApril 3, 2024April 3, 2024

For the first time, advisors can work with clients to quickly create and fund a financial plan that can be fully implemented without jumping through multiple systems or enduring repetitive steps. AdvisorEngine, the financial experience company, released today the next generation of its scalable financial planning ecosystem, offering investment advisors......

Finance Fintech News Trading

TradeStation Securities Collaborates with OptionsPlay to Enhance User Experience with Cross-Platform Integration

Business WireApril 3, 2024April 3, 2024

TradeStation Securities clients who subscribe to OptionsPlay can now act on trade insights generated by OptionsPlay seamlessly without having to use a separate brokerage platform to place trades. TradeStation Securities, Inc. (“TradeStation Securities”), an award-winning,* self-clearing online brokerage for trading stocks, ETFs, options and futures, today announced it is the......

Finance Fintech

Home Insurance Rates in 2024 Will Increase Up to 23% in Some States

Fintech News DeskApril 2, 2024April 2, 2024

by Fintech News DeskApril 2, 2024April 2, 20240

Home insurance rates have risen 20% in the last two years, and Insurify projects an additional 6% increase in average premiums by year-end, leading to an average national rate of $2,522 annually. American homeowners will face continued increases in home insurance costs amid a backdrop of escalating climate-related events and......

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study

Business WireApril 2, 2024April 2, 2024

E*TRADE from Morgan Stanley releases monthly sector rotation study. E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. Read More About Fintech Interviews: Global Fintech Interview with Andrey......

Aterian Investment Partners to Recapitalize CPL, a Leading Pharmaceutical Contract Development and Manufacturing Organization

Business WireApril 2, 2024April 2, 2024

The proposed recapitalization is subject to the approval of the Ontario Superior Court of Justice in CPL’s and its affiliates’ proceedings pending under the Companies’ Creditors Arrangement Act. Aterian Investment Partners (“Aterian”), a private investment firm, is pleased to announce that one of its affiliates has entered into an agreement......

ACI Worldwide and Arab Financial Services To Drive Payments Modernization for Banks and Merchants in the Middle East

Business WireApril 2, 2024April 2, 2024

With this strategic partnership, AFS will utilize ACI Enterprise Payments Platform, a single transaction processing platform for all payment types, backed by cutting-edge security, flexible cloud-ready technology, and multi-language, multi-currency, multi-institution capabilities to drive the retail banking modernization for its banking and fintech customers. ACI Worldwide , a global leader......

ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment

Business WireApril 2, 2024April 2, 2024