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Wealth Management
Broadridge | February 23, 2021
Broadridge Financial Solutions initiates a Wealth Lending Network marketplace. The initiative is all about connecting wealth managers to banks and other financial service institutions. Being a global Fintech leader, Broadridge has created a well-managed marketplace. It will enable all sized wealth managers to offer clients securities-based Lending (SBL) services. It will be using Broadridge's end-to-end SBL technology platform. Bancorp, Inc. is also joining the hands of the marketplace as it...
Core Banking, Fintech
Pacific Service Credit Union and Lumin Digital | January 20, 2023
On January 19, 2023, Lumin Digital announced that it established a multi-year agreement with Pacific Service Credit Union (Pacific Service CU) in California to promote an improved online banking experience for the latter's almost 70,000 members and assets worth over $1 billion. Lumin's cloud-based online and mobile digital banking platform, set to launch in October, will provide better safety, security features, and seamless digital integration. This would help Pacific S...
Tesla | January 16, 2020
Tesla (NASDAQ:TSLA) shares fell in midday trading Thursday, which shouldn’t be a big surprise to anyone who’s been watching the stock lately. The stock has nearly doubled in the last six months. Rallies do run out of steam and even the most bullish of bulls take some profits on a hot stock. Shares were down about 3.4% due to a couple of reasons. First, a report showed that the electric automaker’s sales in California nearly halved in the final quarter of 2019 as a ramp-up in ta...
Fintech
Broadridge | September 18, 2023
Broadridge launches BRx Match, a cloud-based reconciliation and matching platform to empower business users to streamline complex reconciliation processes and enhance data integrity. BRx Match offers self-build capabilities for business users, enabling faster onboarding of new reconciliations, reducing total ownership costs, and enhancing operational res...
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