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Alternative Investments Now Available in Unified Managed Accounts at Wells Fargo

Wells Fargo’s Wealth & Investment Management (WIM) division, in collaboration with InvestCloud, now offers alternative investments as an eligible investment in its Personalized Unified Managed Account (Personalized UMA) program. This move demonstrates WIM’s market leadership as one of the first large wire houses to make this option available at scale and provides both advisors and clients with greater choice and convenience by allowing more investment types in a single account.

Tuesday, August 26, 2025 - 13:46
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Financial IT
Liberis and Elavon Partner to Unlock Fast Funding for Small Businesses in the United States

Liberis, a leading global embedded finance platform, today announced a new partnership with Elavon, a leading payments provider and subsidiary of U.S. Bank, to launch Quick Capital, a seamless funding solution for small businesses across the United States.

Tuesday, August 26, 2025 - 13:42
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Financial IT
Oasis and Taylor Swift Fans Lose Out to Scammers, TSB Data Reveals

TSB warns music fans to stay vigilant to ticket fraud, as the bank's customer data shows how fans desperate to see Taylor Swift and Oasis fell victim to scams.

TSB compared the 15 Taylor Swift UK shows in 2024, with 15 UK Oasis concerts this summer to uncover which led to the most losses for its customers.

Tuesday, August 26, 2025 - 12:58
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Financial IT
CloudWalk Leads Brazil’s Open Finance Revolution, Driving AI-Powered Financial Access for Entrepreneurs

CloudWalk, one of the fastest-growing global financial technology companies behind InfinitePay and Jim.com, has taken the lead in Brazil’s Open Finance rankings. According to the latest quarterly report by consulting firm Bip, CloudWalk — through its InfinitePay platform — now holds 19.5% of all business account data-sharing consents, a 97% increase since May. This puts the company ahead of major banks and fintechs with larger corporate customer bases.

Tuesday, August 26, 2025 - 12:20
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/news/artificial-intelligence/cloudwalk-leads-brazils-open-finance-revolution-driving-ai-powered
Financial IT
UBS Invests in Domino Data Lab, Deepening Strategic Partnership to Drive Next Wave of Enterprise AI Innovation

Domino Data Lab, provider of the leading Enterprise AI platform, and UBS, the largest truly global wealth manager and the leading bank in Switzerland, today announced a significant expansion of their strategic partnership to support UBS’s continued leadership in enterprise artificial intelligence (AI) and its model development. The partnership is strengthened with an equity investment led by UBS, and a UBS representative will join the Domino Data Lab Board as an observer.

Tuesday, August 26, 2025 - 12:15
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Financial IT
2C2P Now Licensed as a Major Payment Institution in Singapore

2C2P Pte Ltd, Southeast Asia’s leading full-suite payments platform, today announced that it has been granted a Major Payment Institution licence from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019.

Tuesday, August 26, 2025 - 11:46
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Financial IT
Airwallex Announces New Partnership with Pipe to Help Scale Its Platform Reach

Airwallex, a leading global payments and financial platform for growing businesses, today announced that its global payments platform has been chosen by Pipe, a fintech company offering embedded capital products to small businesses, as a key partner to help power the rapid global growth of its business.

Tuesday, August 26, 2025 - 11:43
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Financial IT
Mastercard Announces Leadership Transition in Asia Pacific

Mastercard today announced a leadership transition in its Asia Pacific region, with Ari Sarker set to step down from his role as President, Asia Pacific at the end of 2025. After more than a decade in the role, Ari will move into an advisory position, where he will focus on strategic initiatives and mentoring regional leadership to support a smooth transition.

Tuesday, August 26, 2025 - 11:18
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Financial IT
Adyen and Prommt Partner to Transform Hospitality Payments

Adyen , the global financial technology platform of choice for leading businesses, today announced a joint partnership with Prommt, (www.prommt.com) the premium pay by link solution trusted by top brands in hospitality, travel, luxury retail, and professional services.

Tuesday, August 26, 2025 - 11:16
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/news/payments/adyen-and-prommt-partner-transform-hospitality-payments
Financial IT
CaixaBank Reaches Nearly Five Million Mobile Payment Customers, with a 34.4% Rise in the Number of Transactions

CaixaBank customers carried out 100.7 million mobile payment transactions in June 2025, up 34.4% on the same month last year, showing a consistent increase in the use of payments via mobile devices and wearables. The bank is pressing forward with its digital transformation, with record mobile payment transactions and an expanding customer base.

Tuesday, August 26, 2025 - 11:13
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Financial IT

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