FinTech

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Bill Gates Sees GPT's AI As Revolutionary Tech Breakthrough

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Gates said he is inspired about the potential for AI to reduce some of the world's worst inequities.

FP Alpha Launches Insurance Analysis Tool

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The tool lets planners analyze a client's overall insurance protection.

Many Advisors Poised To Adopt More Tech Solutions, Survey Says

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Forty-seven percent of advisors said they will invest more into technology this year.

Advisors Will Be Held Accountable For Client Cybertheft, Mark Hurley Says

by FA Staff

Cybertheft is $10.5 billion business that is bigger than the global drug trade, said Digital Privacy & Protection CEO Mark Hurley.

Signature Bank Faced Criminal Probe Ahead Of Firm's Collapse

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Investigators were examining whether the New York bank took sufficient steps to detect money laundering.

FMG Unveils AI-Powered Social Media Caption Engine

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This tool writes captions and content in an advisor's "voice" for social media using ChatGPT.

How ChatGPT Will Help Advisors Get Referrals

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ChatGPT offers the ability to scale customized requests to hundreds of recipients.

Just 10% Of Wealth Managers Say They Have All The Tech They Need

by FA Staff

Yet most firms in a recent Orion survey do not plan to increase their technology spend in 2023.

BlackRock To Transfer Retail Robo-Advisor Clients To Ritholtz Wealth

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FutureAdvisor was bought by BlackRock in 2015 and now manages about $1.8 billion in assets.

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.

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