Betterment to appeal to a wider customer base in 2020
For Betterment, the upcoming year will see the continuation of its trajectory from an investment platform to a place where...
With $12b in AUM, Personal Capital bets on a human-digital approach
For Personal Capital, the path to scale is go broad. The company this month hit a milestone of $12 billion...
‘If we can’t automate it, we don’t build it’: Wealthfront’s Andy Rachleff on ‘self-driving money’
In 2019, a chorus of digital investment platforms branched out into checking and savings accounts. Throughout the year, Wealthfront continued...
Core banking startup Neocova to serve challenged niche of small banks
The popular refrain in the industry is "innovate or die," but community banks face added obstacles resulting from the costs...
State Street launches digital asset pilot with Winklevoss-led Gemini Trust
With its 227-year history, State Street is pushing ahead on its digital assets strategy. This week, the bank launched a...
Fed Governor Brainard highlights Facebook Libra’s risks
Federal Reserve Governor Lael Brainard As large tech and payments companies bail on Facebook’s Libra digital currency project, Federal Reserve...
The future of banking is about data-driven experiences and not products: HSBC
The bank of the future will cease to be about specific products and services. Instead, it will offer embedded "experiences"...
Morgan Stanley sees threats to legacy core providers’ business models
Core banking providers FIS and Fiserv face pressure from banks' growing in-house tech investments as well as fintech competition, Morgan...
YieldStreet’s WealthFlex acquisition to help automate IRA-based investments
Alternative investment platform YieldStreet is expanding its toolkit for customers through the acquisition of IRA platform WealthFlex, the company announced...
Centana Growth Partners closes $375m fintech fund
Centana Growth Partners, a New York and Palo Alto, Calif.-based growth equity firm, closed its second fintech fund valued at...
