Working with fintechs has been a lengthy process for most banks with timing lasting about 12 to 18 months on...
This week, we put on the Goldman hat and go shopping for companies. We buy a little bit of Folio and sell some Motif. We look at Personal Capital and the $1 billion it wants for its $12 billion of assets. We examine the private markets with Addepar / iCapital and SharesPost / Forge, and then move over to the banking sector. Should we buy Wells Fargo, as rumored, or some digital wallet apps? Read on for how to acquire a best-in-class Fintech.
PeerIQ released their Q4 2018 Lending Earnings Insights Report which points to a number of themes showing the economy is strong...
Quantum computing has the potential to dramatically affect banking in the coming years, especially from a cybersecurity standpoint; banks like...
According to a new report by CB Insights the most recent 5 quarters show that big investments in fintech companies from banks has slowed down; banks are instead beginning to develop and update core technology in house; Wells Fargo, Morgan Stanley, JPMorgan Chase and others have all developed and released their own digital investing and advising services; service provides like Diebold are offering the banks a chance to move all infrastructure online so they can focus on customer facing tools; banks are still working through transformation as almost all have now realized if they do not upgrade legacy tech they will be left behind. Source.
The Linux Foundation has agreed to acquire the Fintech Open Source Foundation (FINOS) and will allow the group to operate...
Leading bankers claim that consumers are gravitating towards big, stable institutions during the financial crisis, reversing a decade long trend;...
2020 is off to a fast start when it comes to fintech financings and M&A deals as the past week...
In this week’s PeerIQ Industry Update they cover the continued growth in the jobs market with the unemployment rate dropping...
After completing a 16 month pilot program Morgan Stanley has announced their robo advisor Morgan Stanley Access Investing; there is a $5,000 minimum with a 0.35 percent fee and they will offer 11 portfolios, including a socially responsible option; the goal of the new service is to offer current clients’ children a better, more affordable wealth management option. Source.