The Financial Technology Report is your comprehensive source for business news, investment activity and corporate actions related to the software and SaaS sectors
Square is bringing restaurant ordering into Google Maps through an expanded partnership with Google. U.S. customers can now use Ask Maps, Google Maps’ conversational AI feature, to find participating restaurants, browse their menus, customize an order, and check out through Order by Cash App without leaving the conversation. For restaurants using Square, menus, hours, and location details…
JPMorganChase plans to deploy more than $750 billion through 2035 to help build or preserve 1 million affordable homes and assist 500,000 people with buying a house. The commitment represents a nearly 40% increase from the housing capital the bank deployed during the previous decade. Through its American Dream Initiative, the bank will increase mortgage lending by more than 40% and hire 850 Home…
Chime has launched Chime Invest, a new service that lets users buy U.S. stocks and exchange-traded funds or place their money in portfolios managed by investment adviser Atomic Invest. The product moves Chime further beyond the spending and savings services on which it built its customer base. Users can begin with $1, and the accounts carry no minimum balance requirement. Self-directed trades are…
Popular has named Chief Financial Officer Jorge J. García its next President and Chief Executive Officer as part of a three-person succession plan that elevates longtime executives across its finance and risk operations. García will succeed Javier D. Ferrer, who will retire August 31 after leading the Puerto Rico-based financial institution since 2021...
Ally Financial has appointed Capital One veteran Mark Mathewson as Chief Information and Data Officer, placing him in charge of technology and data across the company’s banking, auto finance, and other business lines. Mathewson joined Ally on July 20 with more than 25 years of financial services technology experience...
Standard Chartered has appointed former Barclays executive Kavita Kulkarni as its new Chief Technology and Operations Officer for India and South Asia, FinTech Futures reported. Operating out of Mumbai, Kulkarni joins the India country management team to directly oversee operational execution and technology strategy across the entire regional footprint...
NatWest Group has appointed London Stock Exchange Group executive Triona O’Keeffe as Chief Data and Analytics Officer, placing its bank-wide engineering capabilities alongside data and AI under an expanded leadership function. O’Keeffe will join NatWest in January 2027 and report to Group CIO Scott Marcar...
John Imbriglia has spent his career watching the door to private markets swing open one group at a time. He started at a series of banks, then worked as a placement agent raising money for private funds from big institutional investors, and later spent nearly a decade at iCapital. Each step showed him the same pattern: an asset class once reserved for the largest institutions gradually reaching a…
BNY has launched digital transfer agency capabilities designed to support tokenized funds throughout their lifecycle, extending its existing fund-servicing infrastructure across digital and traditional assets. The service will initially be available to select clients in the U.S. and UK, with plans to expand...
In 2013, Alex Robinson tried to invest in a few venture and real estate funds and expected the experience to feel like opening a Charles Schwab account. Instead, a FedEx truck pulled up to his house with a two-inch stack of paperwork that he had to carry to a notary. "This is 2013, I could do everything online," he recalled. "I could do my healthcare online, buy a pair of shoes online...