Wipfli Financial Advisors

FINTECH

Finotta | July 20, 2022

Finotta, a provider of embedded fintech for digital banking, has been selected to demo its Personified platform at FinovateFall 2022, taking place September 12-14 in New York. Finotta’s Personified platform is a combination of products that help financial institutions better meet the needs of their customers directly in their mobile banking application. Finotta launched its Personified platform earlier this year in partnership with First United Bank & Trust, a $12.5 bill...

Franklin | February 18, 2020

Franklin Resources Inc. is in talks to buy rival asset manager Legg Mason Inc., according to people familiar with the matter, in a deal that could help two big players in an industry that is under pressure from shifting investor tastes. Assuming it comes together, a deal for Legg Mason could be announced as soon as Tuesday, the people said. While the exact price and other terms couldn't be learned, it would be sizable given Legg Mason's market value of more than $3.5 billion and assets u...

Reuters | March 04, 2020

The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system. The overnight repurchases agreement (repo) rate was last USONRP= 1.85%-1.95%, compared with 1.90%-2.00% before the latest repo operation. They ended at 1.75% late on Thursday after hitting 10% on Tuesday, according to Refinitiv data. The U.S. central bank has conducted a series of cash-adding...

FINANCIAL MANAGEMENT, PAYMENTS

PRnewswire | May 08, 2023

Mama Money, a rapidly growing fintech offering cross-border money transfers and banking services, and Incode, the global leader in revolutionary identity solutions, today announced their partnership to bring advanced identity verification systems to strengthen the fight against fraud and financial crime in the fintech industry. Mama Money has introduced the solution, which leverages Incode's omnichannel identity verification and authentication platform to automatically verif...