FinTech

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BetaNXT Buys Mediant With Backing Of PE Affiliates

by FA Staff

Mediant Communications is a New York City-based provider of investor communications technology.

Biden's Cyber Plan Would Hold Software Makers Responsible For Hacks

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U.S. officials have publicly complained that tech companies have failed to sufficiently secure user accounts.

Can ChatGPT Replace Advisors?

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Industry CEOs at FSI OneVoice said the new AI chatbot could give advisors a run for their money.

Wall Street's ChatGPT Nightmare Is Over Before It Starts As Banks Crack Down

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Several big financial firms have compliance concerns over their employees' use of the ChatGPT AI tool.

Thomas Lee Was A Private Equity Pioneer Before Blackstone And Apollo

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Lee reportedly died in his office on Thursday of a self-inflicted gunshot wound.

JPMorgan Restricts Staff's Use Of AI-Powered ChatGPT Bot

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The artificial intelligence software has become an internet phenomenon in recent months.

Why Direct Indexing Isn't Yet Taking Over The Investing Universe

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The technology to unlock direct indexing's full potential is not yet in place, says MyVest CEO Anton Honikman.

SEC Adopts Rule To Help Stem Meme Stock, Crypto Meltdowns

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Commissioners voted 3-2 to shorten the time between when a securities order is placed and when a trade is executed.

Crypto Platforms' Ties To Hedge Funds Under Fire In SEC Rule

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Based upon how crypto platforms generally operate, investment advisers cannot rely on them as qualified custodians.

Druckenmiller, Family Offices Ditched Tech Stocks Before Rally

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By contrast, hedge funds dialed up their bets on the sector in the fourth quarter.

Worker Burnout Is Even Worse Than At The Peak Of The Pandemic

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Economic uncertainty, fear of job cuts and rising pressure to return to in-office work have added to workplace malaise.

DeFi Champions Pivot From Crypto Intangibles Toward Treasuries, Hard Assets

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With uncertainty, doubt and distrust in digital assets, blockchain projects are now moving to hard assets.

ChatGPT Will Lead To Layoffs, But Traders Say They Will Be Fine

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Surveyed financial workers didn't view their own jobs as being at risk by AI any time soon.

Edward Jones: Where Main Street And Amazon Meet

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Edward Jones is among four leaders with the potential to become “the Amazon of financial services.”

Tech Gets Personal

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Back office help is the least it can do. Now technology wants to help advisors become better at the people part of planning.

Can Advisors Keep Up With Social Media's Changing Landscape?

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It's still important for advisors just to be on social media, but it's no longer enough.

Morgan Stanley Fines Its Bankers Over Messaging Breaches

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Morgan Stanley is the latest bank to require individual staff to bear some of the burden of the regulatory violations.

Can ChatGPT Replace Advisors?

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Industry CEOs at FSI OneVoice said the new AI chatbot could give advisors a run for their money.

Big Tech Layoffs Are Hitting Diversity And Inclusion Jobs Hard

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The layoffs threaten company pledges to boost underrepresented groups.

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