JPMorgan gives in: ‘Yes, you can have your crypto funds’: In a first from a big US bank, JPMorgan is offering some of its retail clients a choice of five funds. This could help the banking giant dissuade customers from moving funds to fintechs—and spur other incumbents to make similar rollouts.

The growth of investment robo-advisors—algorithm-based account services—spiked last year across the US, the UK, and Canada as investors, especially those belonging to younger populations, took advantage of investment opportunities during the pandemic. For instance, independent robo-advisors Wealthfront and Betterment both reported double-digit increases in account openings during the pandemic.

Jack Henry pitches unbundled core banking: Its new tech strategy will give banks flexibility in picking cloud-based core components.

I'm an investment banker by training, but I’ve spent over a decade now in commercial banking. I did turnaround work for East West Bank after it took over United Commercial Bank, the FDIC’s second-largest bank at the time, and I worked on growing loans, building new markets, and taking the bank beyond California.

In November 2018 SVB agreed to acquire Boston-based, healthcare and life sciences-focused investment bank Leerink Holdings. The acquisition has enabled SVB to build out its investment banking services, dovetailing with its growing focus on affluent clients, as indicated by its private banking expansion.

What are its investments? Anthemis has made more than 150 investments in fintechs including Betterment, eToro, Currency Cloud, The Climate Corporation, Carta, and Happy Money. Early stage investments include Pipe, a recurring revenue trading platform; Weavr, an embedded banking provider for digital innovators and fintechs; and Atomic, an investing API for fintechs and banks.

The survey also asked about other methods of banking (from using investment apps to going into physical branches), and almost universally, ABC1 respondents were more engaged with digital options. Gaming. Multiple device options, and thus use, also play a part in various media consumption habits, even those not necessarily considered high-income category pursuits.

Banks can use NYDIG’s white-label solutions to offer Bitcoin custody, and investment managers can offer crypto funds, for example. NYDIG also struck several partnerships with banking vendors, including FIS and NCR, so their banking clients could offer trading products.