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Northwest Federal Opens Branch in One Loudoun
Banking Fintech News

Northwest Federal Opens Branch in One Loudoun

Fintech News Desk
by Fintech News Desk0
Northwest Federal Credit Union continues to expand its footprint in Loudoun County, most recently with a new branch in the One Loudoun shopping center in Ashburn, Virginia. One Loudoun is Northwest Federal’s tenth public branch and its third in Loudoun County. Northwest Federal has over 7,000 members and business accounts in......
Satori Capital Invests in Faraday Capital
Business Fintech Investment Services News

Satori Capital Invests in Faraday Capital

Fintech News Desk
by Fintech News Desk0
Satori Capital, a Texas-based investment firm founded on the principles of conscious capitalism, announced an investment and acceleration partnership with Faraday Capital, L.P. Satori, a multi-strategy firm with more than $1 billion in assets under management (“AUM”), completed the $10 million investment as part of its Satori XL Partnership Program,......
Atria's Cadaret Grant Adds Four Offices with Nearly $600 Million in AUA
Fintech News

Atria’s Cadaret Grant Adds Four Offices with Nearly $600 Million in AUA

Fintech News Desk
by Fintech News Desk0
Cadaret Grant, an independent wealth management firm and wholly-owned subsidiary of Atria Wealth Solutions, Inc. (Atria), announced that four independent representative offices, collectively bringing close to $600 million of assets under administration (AUA), have joined the firm. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition In the rapidly changing wealth......
Pro Business Plans Surpasses $4.0 B in Advisory Transactions Globally
Business Capital Markets Fintech News

Pro Business Plans Surpasses $4.0 B in Advisory Transactions Globally

Fintech News Desk
by Fintech News Desk0
Executes Strategic Partnership with Gracewater Capital to Better Serve Clients In June, Pro Business Plans announced it officially surpassed $4.0 B worth of transactions it provided advisory services for, 80% of which were in North America across over 60 industries. Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers Despite the uncertain......
K1 Completes Sale of FMG Suite to Aurora
Business Capital Markets Fintech Investment Services News

K1 Completes Sale of FMG Suite to Aurora

Fintech News Desk
by Fintech News Desk0
Realization represents K1’s second exit during the coronavirus pandemic K1 Investment Management, LLC (“K1”), a leading investment firm focusing on high-growth enterprise software companies, announced that it has completed its sale of FMG Suite, LLC (“FMG Suite”), the category leader in cloud-based marketing automation software for financial services professionals, to Aurora Capital Partners (“Aurora”).......
BlackBerry and Intel Partner to Stop Cryptojacking Malware
Business Cryptocurrency Fintech News

BlackBerry and Intel Partner to Stop Cryptojacking Malware

Fintech News Desk
by Fintech News Desk0
BlackBerry Limited announced the release of BlackBerry Optics v2.5.1100 with cryptomining and cryptojacking detection for Intel-based commercial PCs. Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms To detect advanced cryptojacking malware, the BlackBerry Optics Context Analysis Engine (CAE) leverages unique CPU telemetry......
Square announces Terminal API at Unboxed 2020 Conference
Banking Business Capital Markets Fintech News

PPP in Review: Square Capital Has Facilitated Over $820M in Stimulus Loans to 76,000+ Small Businesses Across All 50 States

Fintech News Desk
by Fintech News Desk0
Since we began processing Payroll Protection Program (PPP) applications on April 29, 2020, as of June 10, Square Capital has facilitated more than $820 million in PPP loans, providing access to a financial lifeline to more than 76,000 small businesses. That’s an average loan of less than $11,000, with 97%......
Bittrex Global Now Accepts Mastercard to Fund Accounts
Cryptocurrency Fintech Fintech Funding News

Bittrex Global Now Accepts Mastercard to Fund Accounts

Fintech News Desk
by Fintech News Desk0
Leading cryptocurrency exchange Bittrex Global has announced that it will now accept Mastercard as a source for funding user accounts. The well-known trading platform will accept Mastercard payments from 36 countries across Africa, Asia, Europe, Latin America, and the Middle East, subject to a 3% processing fee. Depending on the country deposits are made from, daily and......
Accenture Collaborates with Oracle to Transform Nickel Bank’s Finance Functions
Business Fintech News

Despite External Industry Threats, Few Wealth Managers Plan to Change Their Business Models, Accenture-Orbium Report Finds

Fintech News Desk
by Fintech News Desk0
Despite growing external threats to wealth managers’ businesses, including losses from intergenerational wealth transfers, nearly four in five wealth managers (78%) in Europe and Asia don’t plan significant changes to their traditional business models, according to a new report from Accenture and Orbium, part of Accenture Wealth Management. Read More:......
Wells Fargo Invests in Six Black-Owned Bank
Fintech Investment Services News

Barry Sommers Named Wells Fargo Wealth & Investment Management CEO

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company announced that Barry Sommers will join the company as CEO of Wealth & Investment Management (WIM) on June 22, reporting to CEO Charlie Scharf. Sommers will have responsibility for the company’s delivery of wealth management, investment, and retirement products and services to clients through its U.S.-based......
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