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Envestnet data and analytics revenue falls 7% YoY
Envestnet data and analytics revenue fell during its fiscal fourth quarter amid rumblings in December of a Yodlee sale. The wealthtech giant’s data and analytics revenue fell 7% year over year to $38.6 million during the quarter, according to its earnings presentation. WHY IT MATTERS: In December, there were talks of a potential sale…
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Cap One could dodge law requiring added processing capacity
Capital One could be excluded from the proposed Credit Card Competition Act of 2023 if its acquisition of Discover Financial Services goes through and the bank creates an in-house processor. Read more on the Capital One, Discover deal The proposed act, introduced in June 2023 by U.S. Sen. Richard Durbin, D-Ill, would require credit card…
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?
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Is technology making our lives better or worse?