JACKSONVILLE, Fla. – Federal antitrust regulators announced Friday they have cleared the takeover of eFunds Corp. by Fidelity National Information Services for $1.8 billion. The Federal Trade Commission said the deal received an early termination of the waiting period under the Hart-Scott-Rodino Antitrust Act. eFunds is the processor for transactions conducted over the credit union-owned CO-OP Financial Services ATM network.
The CEO of a Michigan credit union was ousted after an AI-altered photo of her family wearing "Lake America" sweatshirts went viral, drawing criticism from Canadians.
A Senate report found that 84% of 846 sanctioned Iran-linked wallets ran on USDT.
As regulators lower regulatory hurdles, many advisors are seeking greater access to private investments, while asset managers and fintechs are trying to eliminate technical barriers keeping regular investors out.
Private-placement life insurance can offer tax-free growth and alternative investments for ultrawealthy clients, but advisors warn it isn't right for everyone who can afford it.
Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
