FINX News and Press, Global X FinTech ETF From 10/02/19

As worries over slowing economic growth increase, so do expectations that the Fed will cut rates when the Federal Open Market Committee meets at the end of the month. More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup Inc., Financial stocks news, Stocks ...

The Fed's plan to develop a real-time payments system, which is "functionally similar" to debit payments, may present some "very long-term" risks to Visa ( V +1.6% ) and Mastercard ( MA +2.4% ), for which U.S. debit accounts for ~15%-20% of their credit volumes, writes Bernstein's Harshi...

Often originating from tech-at-core companies residing outside of the traditional banking sector, FinTech firms are using their unique capabilities to enhance or transform financial services as we know it. Areas such as mobile payments, crowd-funding, blockchain and cryptocurrencies, peer-to-p...

NEW YORK , July 10, 2019 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange-traded funds (ETFs), today announced the inclusion of three additional ETFs to Schwab ETF OneSource, one of the first commission-free ETF programs[i] in the industry. The funds join the ...

Fintech is taking the world by storm, and investors have already begun to notice. In 2018, overall investment in fintech totalled US$111.8 billion, according to KPMG . That figure is impressive enough on its own, considering funding more than doubled from the US$50.8 billion invested in 2017. ...

A new digital bank aimed at serving entrepreneurs and venture capitalists recently raised $116M from investors including T. Rowe Price ( TROW +0.6% ) funds, Patriot Financial Partners, Endeavour Capital Advisors, and FJ Capital Management. More news on: T. Rowe Price Group, Inc., Hamil...

Quick Take Broadridge Financial Solutions ( BR ) said it has agreed to acquire RPM Technologies for $300 million. RPM has developed an enterprise wealth management software system for Canadian financial services businesses. BR is gaining a significant piece as it seeks to offer more ca...

This video discusses ways to potentially invest in new technologies, like Read more ...

Quick Take Broadridge Financial Solutions ( BR ) announced it has acquired Rockall for an undisclosed amount. Rockall provides securities-based lending [SBL] and collateral management technologies. With the deal for Rockall, BR will be able to address solid market demand for securities...

Bill.com, a business payments and software platform, gets $88M in a funding round led by Franklin Templeton, with participation from Mastercard ( MA -0.1% ), Fidelity Investments Canada ULC, and others. More news on: Mastercard Incorporated, ETFMG Prime Mobile Payments ETF, Global X Fi...