Category : Investment Services

Business Fintech InsurTech Investment Services News

FIDx Partners with TruChoice to Provide Advisors with High-Quality Annuity Solutions Through Envestnet Insurance Exchange

Fintech News Desk
by Fintech News Desk0
TruChoice Diversifies Selection of Insurance Carriers Offering Guaranteed Income & Protection Strategies Envestnet, announces that TruChoice Financial Group, LLC (TruChoice), a provider of insurance solutions for a network of investment advisors, registered representatives, and insurance professionals, has launched the Envestnet Insurance Exchange, an insurance network providing access to reputable insurance carriers......
Fintech Fintech Funding Investment Services Lifestyle News

Fund Management Companies Enjoy Significant Followings on Alipay Open Digital Lifestyle Platform

Fintech News Desk
by Fintech News Desk0
Alipay, the world’s leading open digital lifestyle platform, revealed that 82 fund management companies in China have collectively attracted over 120 million followers on their official corporate accounts on Alipay as of June 9, 2020. Further, 128 of 143 fund management companies in China are now offering products and services......
Fintech Investment Services News Risk Management

Cherokee Acquisition’s Claims Put Market Platform Helps Vendors Protect Risky Accounts Receivables

Fintech News Desk
by Fintech News Desk0
Cherokee Acquisition’s Claims Put Market is the first platform to match vendors seeking credit protection on risky accounts receivables with investors offering protection. The advantage to a vendor of Claims Put Market is that their requested put option is shown to multiple investors that a vendor might not otherwise find. This......
Banking Fintech Fintech Funding Investment Services News

Goldman Sachs Invests $50 Million in jSonar to Deliver Modern Database Security

Fintech News Desk
by Fintech News Desk0
Funding round to accelerate jSonar’s delivery of the next generation of database security solutions, providing protection for all databases, big data systems and cloud data services jSonar announced it has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding. As part of the transaction, David Campbell,......
Banking Fintech Investment Services News

XP Inc. Acquires Stake in Fintech Fliper in Anticipation of the Ongoing Trend Toward Open Banking

Fintech News Desk
by Fintech News Desk0
XP Inc, a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announces the acquisition of a majority ownership stake in Fliper, an automated investment consolidation platform that offers its users connectivity and tools to perform intuitive and intelligent financial self-management. The transaction allows......
Fintech InsurTech Investment Services News

New Variable Universal Life Insurance Offering From Lincoln Financial Helps Clients Diversify Retirement Portfolios

Fintech News Desk
by Fintech News Desk0
Lincoln Financial Group announced that it will launch the next generation of its Lincoln AssetEdge Variable Universal Life (VUL) insurance offering on June 15. As many investors are faced with the dilemma of staying invested in the market during a time of elevated volatility, AssetEdge VUL (2020) features three new indexed accounts......
Fintech Investment Services News

TD Ameritrade Investor Movement Index: May Activity Boosts IMX

Fintech News Desk
by Fintech News Desk0
The Investor Movement Index increased to 4.35 in May, up 11.54 percent from its April score of 3.90. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets. Read More: GlobalFintechSeries Interview......
Banking Featured Fintech InsurTech Investment Services

Is Covid-19 a Wake Up Call for InsurTechs?

Paroma Sen
by Paroma Sen0
Like most businesses across multiple sectors, insurance companies and insurtechs have been affected by the impact and effects of the ongoing Covid-19 pandemic. However, here’s the silver lining: insurtechs with their ability to offer different kinds of contactless, paperless solutions can actually use this time to innovate and present the......
Fintech Investment Services News

Millions of Americans Stand to Lose Trillions of Dollars Due to Covid-19

Fintech News Desk
by Fintech News Desk0
Ric Edelman, founder of the nation’s largest independent financial planning and investment advisory firm,  released a 64-page report that warns of dire financial outcomes for millions of Americans. Edelman’s report, The Long-Term Financial Impact of Covid-19 and What it Means for You, asserts that the pandemic is leading people to bad......
Banking Blockchain Fintech Fintech Startups Investment Services News

Block Crafters Received Strategic Investment to Expand Its Digital Asset Service

Fintech News Desk
by Fintech News Desk0
Block Crafters, a global blockchain accelerator, has successfully wrapped up its investment round. The rising star from the digital asset industry is getting ready to accelerate its growth. One investor of this deal is Chun Yang-Hyun, executive chairman of Cocone and former President of LINE Japan. A renowned serial entrepreneur, Chun......
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