Digital banking
Digital banking
-  In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name. June 22
-  Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware. June 11
-  “The world has become more digital, less global and more local,” says Amy Lo, co-head of the firm’s Asia Pacific wealth division. May 8
-  The digital advice firm is hoping its 500,000 customers will want to consolidate more of their finances under one roof. April 27
-  For planners who embrace the potential to provide these services, it can be a natural next-generation service offering. March 2
-  Many wealth management trends never caught on. This one is no passing fad, however. March 2
-  Phone apps are being embraced by wealth managers as one of the quickest ways to communicate with end clients, leading to recent upgrades in look, feel and capability. February 11
-  The investment bank is well behind most of its competitors and is priced well above the most attractive price points. January 30
-  Wealth management is playing an ever bigger role at the firm, which aims to add a million new clients in the coming years. January 28
-  Lack of oversight and potentially risky procedures are — or should be — in the fine print of these wildly popular tools. January 15
-  It looks bright, says the CMO of Carson Group — but only if advisors face up to the problem and actively convert it into an opportunity. December 12
-  Banking and robo advice will be part of the new digital offering, United Capital's CEO says at MarketCounsel. December 11
-  The robo advisor is also pursuing more banking business. December 6
-  Just over one in 10 advisors uses a digital investment tool. This, and other findings of Financial Planning’s 2019 Tech Survey. December 1
-  Advisors say they have concerns about an upcoming recession, according to a new survey. November 5
-  Advisors will be able to offer “different types of lending,” CEO Walt Bettinger tells planners at the company’s Impact conference. November 5
-  Independent investment platforms are projected to lose market share to larger entrants, according to industry data. October 16
-  An online war is underway for deposits, as a wide range of players — traditional wealth managers, big banks, digital-only platforms and fintechs — offer high-interest savings and checking through apps and websites. October 7
-  With 20- and 30-somethings just beginning to build financial wealth, banks must orient their business to meet the needs of these consumers. September 20
-  To attract clients, digital-first advice firms are borrowing tactics from incumbents and putting a spin on traditional industry offerings. September 18

















