MADISON, Wis. – UW CU yesterday said it signed with LPL Financial to provide its members with investment services and products.
“LPL provides outstanding technological support and is aligned with our absolute commitment to independent objective advice,” said Paul Kundert, president of the $1-billion credit union.
LPL Financial said it is the nation’s largest independent broker/dealer and is a partner with approximately 730 financial institutions.
Several major financial institutions last year increased their spending on measures to protect top executives, according to public filings. The moves followed the killing of UnitedHealthcare CEO Brian Thompson in December 2024.
The first U.S. bank to offer an exchange-traded product tied to bitcoin saw $34 million in trading on the first day.
Oil rights can be a surprisingly illiquid asset. A fintech called Frontlands is hoping to change that by offering a credit card for the owners of oil wells and other natural resources.
The fintech rolled out Intelligent Money Movement, a treasury service that combines payments, liquidity management and disbursements as it looks to capitalize on its multiple banking licenses.
Most banks are likely not large enough to not support stablecoins and tokenized deposits on their own, creating a new way for legacy IT firms to compete with fintechs.
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices group say.
