Practice

SS&C Technologies said it launched a self-service portal for fund services, online.

Visa Inc. said its acquisition of the South African mobile payments company Fundamo will help it serve more underbanked consumers abroad. The San Francisco payments network said it would pay about $110 million for the Cape Town company.

With regulators struggling to decide which loans to excuse from risk-retention, Federal Deposit Insurance Corp. Chairman Sheila Bair said Thursday the best option would have been to shelve the exemption altogether.

The Treasury Department has swapped the carrot for the stick for three of the largest participants in the administration's foreclosure prevention program.

Customer relationship management software can be an advisor's best friend, but experts say most users still aren't getting everything they can out of it to grow their business.

Advisors still have trust hurdles to get over, but that also opens the door for new takeaway high net worth business.

TIAA-CREF is currently selecting advisors for its own network, which will launch over the next six months and go nationwide early next year.

A software tools company and a maker of high-performance servers said they set a new record in the speed of pricing options contracts.

Although banks failed in their attempt to convince Congress to delay an interchange fee cap for debit cards, the financial services industry is not giving up, just changing venues.

Without admitting or denying the SEC’s charges, Wunderlich settled with the regulator for about $627,688 in penalties.