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A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions

Fintech News Desk
Mergers and acquisitions are a good way to leave behind the competition and make your way up the success ladder. A merger happens when two companies are combined to form a single new entity, while acquisition is an event when one business acquires another business under its umbrella, to strengthen......
City National Bank Names Richard A. Raffetto President
Banking Fintech News

City National Bank Names Richard A. Raffetto President

Fintech News Desk
Raffetto succeeds Christopher J. Warmuth, who retires after 18 years at the bank City National Bank, America’s Premier Private and Business Bank, announced that Richard A. Raffetto will join the company as president, effective August 31, 2020. He will be elected to City National’s board of directors and will report......
Mt Pelerin Runs Its 1st Shareholders Meeting on the Blockchain
Blockchain Cryptocurrency Fintech Fintech Startups News

Mt Pelerin Runs Its 1st Shareholders Meeting on the Blockchain

Fintech News Desk
The fintech startup from Geneva has run its first annual shareholders meeting on the blockchain with its shareholders scattered around the world, through its new mobile app Bridge Wallet. A new step toward its ambition to facilitate the access to unlisted securities, with digital solutions ready to answer the corporate management challenges highlighted......
OKEx Lists COMP Governance Token From DeFi's Largest Platform Compound
Cryptocurrency Fintech News

OKEx Lists COMP Governance Token From DeFi’s Largest Platform Compound

Fintech News Desk
OKEx, a world-leading cryptocurrency spot and derivatives exchange, announces its new listing of COMP, the native token of Compound, an algorithmic, autonomous interest-rate protocol on the Ethereum blockchain. COMP spot trading against USDT and BTC opened at 6:00 am (UTC) , June 29. Depositing COMP is available as of 5:00 am (UTC) on June 29 and......
Charles Schwab Completes Acquisition of Motif's Technology Capabilities
Fintech Investment Services News

Charles Schwab Completes Acquisition of Motif’s Technology Capabilities

Fintech News Desk
The Charles Schwab Corporation (“Schwab”) announced that it has completed the asset acquisition of Motif’s technology and intellectual property. Motif is a fintech pioneer that has combined breakthrough technology and data science to deliver customized thematic portfolios to investors. In addition to thematic investing, Motif’s technology platform offers the flexibility......
Northwest Federal Opens Branch in One Loudoun
Banking Fintech News

Northwest Federal Opens Branch in One Loudoun

Fintech News Desk
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......
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
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:......
EY Launches First-Of-Its-Kind Cryptocurrency Reporting App
Blockchain Cryptocurrency Fintech News

EY Launches First-Of-Its-Kind Cryptocurrency Reporting App

Fintech News Desk
Ernst & Young LLP (EY US) announced the launch of EY CryptoPrep, a cryptocurrency application that assists with US tax filings. This new Software as a Service (SaaS), web-based product is a fully automated, enterprise-grade crypto tax engine offering step-by-step guidance through the crypto tax process. Read More: SIMON Markets......
Pagaya Announces $102 Million Series D Funding Round
Artificial Intelligence Capital Markets Fintech Fintech Funding Investment Services News

Pagaya Announces $102 Million Series D Funding Round

Fintech News Desk
Forever-changing asset management, Pagaya sets a new standard with its technology Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management and institutional investment,  announced a $102 million Series D funding round led by a prominent strategic financial institution. Aflac Global Ventures (the venture capital holding......
Komainu Emerges to Address Financial and Security Challenges for Digital Asset Institutional Investors
Business Fintech Investment Services News

Komainu Emerges to Address Financial and Security Challenges for Digital Asset Institutional Investors

Fintech News Desk
Secure and compliant digital asset custodian for institutions debuts, announces executive team Global investment bank Nomura, digital asset security company Ledger, and pioneer digital asset investment house CoinShares, share further details of Komainu, a digital asset custody business for institutional investors. Komainu is the first hybrid institutional-grade custodian for institutional investors......
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