In response to its growing popularity among financial advisors, Diversify Advisor Network is implementing key updates to its unique asset management platform. Operating in a complex financial advisory environment, these enhancements are part of Diversify’s aim to continue providing distinctive solutions that set it apart from competing platforms. The adjustments are a nod to the platform’s widespread acceptance and utilization
By acquiring Sydney-based GetCape, ANNA Money, a UK fintech player, is making a bold entrance into the Australian financial sector, posing a challenge to the dominance of the ‘big four’ banks. The company’s strategy suggests an ambition to shake up the current market dynamics through its cutting-edge financial solutions enhanced by artificial intelligence. This bold step by ANNA Money is
Ryft has made a significant move in the UK’s eCommerce space by forming a strategic partnership with American Express. This initiative is set to enhance the shopping experience for UK online consumers by adding American Express to Ryft’s range of payment solutions. Ryft, known for its customized payment services, sees the collaboration as an upgrade to its platform’s versatility and
In the vibrant crypto industry, Monad Labs is making waves as it nears a staggering $200 million funding round, setting them on a path to achieve an illustrious $3 billion valuation. Venture capital titan Paradigm is spearheading this ambitious investment drive, despite its recent entanglement with the infamous FTX collapse. Nevertheless, Paradigm’s track record is studded with investments in successful
Ripjar has emerged as a FinTech leader, revolutionizing risk monitoring and anti-criminal measures. Its latest innovation, the Compliance Copilot, is a testament to this, offering an AI-driven aid that significantly enhances the capabilities of compliance teams. This new tool, catered to simplifying compliance operations, reflects Ripjar’s dedication to groundbreaking advancements. The AI assistant stands as a transformative addition to the
Online investment scams have not only multiplied but have become decisively more convincing. January 2024 alone saw a 25% month-over-month escalation in fake investment domain discoveries, alarming analysts and investors alike. Nearly 13,000 domains were interdicted, spread over more than 7,000 IP addresses, highlighting the pervasive nature of the threat. These domains are insidiously crafted to dupe victims with their
Allianz, a leader in the financial sector, has launched ‘Allianz Trade Pay’, transforming B2B ecommerce with a focus on security and innovation. This service isn’t just about processing payments; it dives deep into the complexities of B2B transactions by verifying business identities and managing sophisticated payment procedures. Utilizing a vast data pool on global companies, Allianz Trade Pay is designed
The recent skyrocketing of Bitcoin’s value, breaching the $71,000 threshold, has turned heads in the financial world. This remarkable surge is not merely a standalone occurrence; rather, it is indicative of a larger movement, signaling a profound shift in the cryptocurrency landscape. The ascent of Bitcoin reflects burgeoning confidence and a reinforced belief in the potential of digital currencies among
The fintech sector is dynamic, experiencing constant transformation as firms engage in strategic alliances and invest in technological advancements to remain competitive. A key focus is on creating synergies that offer enhanced consumer services. The partnership between Velotric and Oyster is a prime example of this trend; it underscores a commitment to delivering added value that extends beyond just the
Helcim’s recent $20 million Series B funding round is more than a typical financial milestone in the FinTech scene; it’s a clear indicator of a nearing overhaul in the payment processing sector, especially for North American small to mid-sized businesses (SMBs). This significant financial backing, sourced from well-regarded venture capitalists, instills confidence in Helcim’s vision and forecasts a shift in
Geneos Wealth Management, a Denver-based hybrid RIA overseeing a multi-billion-dollar portfolio, has made a strategic move to meet the increasing interest in cryptocurrencies. By partnering with Eaglebrook, Geneos has added crypto separately managed accounts (SMAs) to its platform, marking a significant advancement in their service offerings. This collaboration enables Geneos clients to invest in digital assets directly, enhancing their ability
Altro, the innovative financial education platform, is swiftly extending its reach across the United States. Having started with a presence in just a handful of states, the platform now boasts availability in 47 states, marking a significant leap in its journey. The brainchild of the young Forbes 30 Under 30 honoree, Michael Broughton, Altro’s mission is to equalize the financial
