What do RIAs pay for Schwab as custodian? It all depends
The RIAs working with the industry’s largest custodian don’t manage their trillions of dollars in client assets like they’re ordering off a fast food menu. Processing Content But the costs for the 16,000 registered investment advisory firm using Charles Schwab as the custodian to safeguard $5.2 trillion in client assets do have some similarity to […]
OppFi, a nonbank consumer lender, reaches deal to buy a bank
OppFi Acquires BNC National Bank: A Move Towards a National Banking Charter OppFi, a high-cost lender with a focus on providing small loans to cash-strapped Americans, has recently announced its decision to acquire BNC National Bank. The $130 million cash-and-stock deal is anticipated to conclude in the fourth quarter of 2026, pending regulatory approval from […]
Banks outpace regulators on AI adoption, report finds
AI Adoption in Financial Services: A Growing Gap Between Firms and Regulators In the rapidly-evolving world of financial services, the adoption of artificial intelligence (AI) technologies is becoming increasingly widespread. According to a recent report from the Cambridge Centre for Alternative Finance, over 80% of financial firms are currently utilising AI to some extent, with […]
Adyen to buy German loyalty platform Talon.One for $876M
Adyen’s Acquisition of Talon.One Dutch fintech Adyen recently made waves in the industry with its announcement of acquiring German loyalty platform Talon.One in a €750 million cash deal. The deal, expected to close in the second half of 2026, signifies a strategic move for Adyen to enhance its payment flow capabilities and provide a seamless […]
Senior Product Marketing Manager – API & Agentic Banking
Mercury: Pioneering the Next Generation of Financial Software In 1967, a revolution occurred in banking that forever altered the way customers interact with their money. The invention of the ATM decoupled the bank from the banker, allowing users to access their money without needing permission from a human. Since then, every decade has brought another […]
ANZ buys back Worldline for a song
ANZ’s Strategic Acquisition of ANZ Worldline ANZ, one of the leading multinational banking and financial services corporations, has recently confirmed speculations surrounding its acquisition of Worldline S.A’s majority stake in Worldline Australia Pty Ltd (ANZ Worldline). This significant move, announced on yesterday, aims to restore ANZ’s full ownership of its merchant acquiring business, a venture […]
Banking Associate – Roselle (30 Hour) Preferred Bilingual/Spanish
TD Bank: A Career as a Banking Associate in Roselle, New Jersey TD Bank, one of the world’s leading global financial institutions, is currently seeking to fill the position of a Banking Associate at one of its branches located in Roselle, New Jersey, United States of America. TD Bank, the fifth-largest bank in North America, […]
Santander pulls in US deposits while waiting for deal to close
Banco Santander’s Positive Progress in the U.S. Amidst Pending Acquisition The Spanish banking behemoth, Banco Santander, is making significant strides in its ongoing mission to bolster its U.S. operations and collect more deposits stateside. This comes as the bank eagerly awaits regulatory approval for the acquisition of Webster Financial, a regional bank located in the […]
The hidden barriers to the Great Wealth Transfer
The Great Wealth Transfer: Navigating a Shifting Landscape The Great Wealth Transfer is not a future event for financial advisors to prepare for someday; it is already affecting your clients. With approximately $124 trillion changing hands globally, and nearly 60% of families anticipating a transfer within the next decade, the timeline is compressed and the […]
Banking Associate – Part Time 20hr – South Ohio Ave – Live Oak, FL
TD Bank: A World-Leading Financial Institution TD Bank, one of the world’s leading financial institutions, is actively seeking to fill a Banking Associate position at its Live Oak, Florida, United States location. Recognized as the fifth-largest bank in North America by branches/stores, TD Bank interacts with over 27 million households and businesses in Canada, the […]