Are fintech cash accounts really safe?

Why clients and their advisors should pay close attention to the fine print.

Unsubscribe View in browser IN|VEST → June 18-19, 2020 | New York Featured Speakers Agenda Attend FINANCIAL PLANNING 1. Why fintech cash accounts are drawing heightened scrutiny By Sean Allocca 6 min read Lack of oversight and potentially risky procedures are — or should be — in the fine print of these wildly popular tools. Read More → FINANCIAL PLANNING 2. What clients crave in digital banking By Ann Marsh 3 min read Trust is the must-have deliverable amid head-spinning transformations in the sector. Read More → AMERICAN BANKER 3. JPMorgan puts senior credit trader on leave over WhatsApp use 2 min read WhatsApp may be a great way to communicate with friends, but when Wall Streeters touch it, their firms get very nervous. Read More → FINANCIAL PLANNING 4. Why the Envestnet-Dynasty deal matters By Charles Paikert, Sean Allocca 4 min read The partnership will likely help both industry titans with their long-term strategic plans. Read More → AMERICAN BANKER 5. Visa's $5 billion Plaid deal takes a possible rival off the table By John Adams 2 min read In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor. Read More → AMERICAN BANKER 6. Quicken launches Simplifi money management app for millennials, Gen Z By Penny Crosman 3 min read Thirty-seven years after the release of Quicken desktop software, the company is launching a streamlined app to reach a new demographic. Read More → HOT MIC Banks best Big Tech on trust, but not much else Q: What’s your take on the recent emergence of Google — and other tech giants — in finance? A: “What’s occurring in banking among Big Tech is a natural evolution. Big Tech is always focused on further monetizing their data relationships with customers, and banking is the next frontier after retail, media and travel,” says Sonny Singh, SVP of the financial services business unit at Oracle. Get the whole conversation → In|Vest 2020 – First 100 Registrants Save 40% In|Vest 2020 will define the next decade of digital transformation in wealth management. Join the industry’s leaders this June 18-19 in New York City. • Get your ticket → Be one of the first 100 registrants and save 40%. • Want to Speak? → The call for speakers is open through January 24. • Demo at In|Vest → Applications for live wealthtech demos now open. See Full Agenda → Raising Capital Professional Holding in South Florida plans $75M initial public offering By Ken McCarthy 1 min read The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit. Read More → ABOUT IN|VEST In|Vest is the home of the wealthtech community and the digital leaders in wealth management. Since its inception, we've united more than 5,000 executives to explore the changes in the market and discover innovations in investing, saving and financial advice. Join us at our next event.... Learn More → Unsubscribe | Manage preferences | Privacy Policy | Reprints One State Street Plaza, 27th Floor, New York, NY 10004