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Why the Integrity Viking Funds Deal Is a Win for Fidelity National
ZACKS· 2026-03-05 19:31
Key Takeaways FIS was chosen by Integrity Viking Funds to modernize investment accounting with its cloud platform.Integrity Viking aims to automate tasks, access real-time data and streamline reporting.FIS shares have declined 28.8% in the past year versus the industry's 19.1% drop.Fidelity National Information Services, Inc. (FIS) scored a new business win as Integrity Viking Funds chose the FIS Investment Accounting Manager platform to modernize its investment accounting systems. By winning business from ...
Morgan Stanley to lay off about 3% of its workforce as job cuts continue in financial sector
Yahoo Finance· 2026-03-05 17:22
NEW YORK (AP) — Morgan Stanley (MS) is laying off roughly 2,500 employees as job cuts continue this year in the financial sector. The layoffs at Morgan Stanley, which account for roughly 3% of its workforce, are taking place across the entirety of investment bank, a person with knowledge familiar with the matter told The Associated Press on the condition of anonymity as the firm is not making a public statement about the layoffs. Like other firms, Morgan Stanley aggressively hired during the pandemic, go ...
Broadridge Financial Solutions (BR) Makes Major Stride In January, Aims to Enter Next Phase in 2026
Yahoo Finance· 2026-03-05 16:33
Broadridge Financial Solutions, Inc. (NYSE:BR) is one of the best information technology services stocks to buy now. On February 12, Broadridge Financial Solutions, Inc. (NYSE:BR) reported that its Distributed Ledger Repo (DLR) platform processed an average daily volume of $365 billion in January 2026, indicating continued institutional adoption of tokenized real-asset settlement. Broadridge’s DLR platform ended January 2026 with a total volume of $7.3 trillion, representing a remarkable 508% year-over- ...
Is Jack Henry & Associates (JKHY) One of the Best Information Technology Services Stocks to Buy Now
Yahoo Finance· 2026-03-05 16:32
Jack Henry & Associates, Inc. (NASDAQ:JKHY) is one of the best information technology services stocks to buy now.. On February 5, TheFly reported that Morgan Stanley analyst James Faucette lifted the price target on Jack Henry & Associates, Inc. (NASDAQ:JKHY) from $168 to $183, keeping an Equal Weight rating on the stock. The firm cited growing demand trends and favorable competitive commentary, which would lead to higher core revenue, as Faucette raised his year-over-year forecast to 6.5% in FY2027 and ...
Fidelity National Information Services (FIS) Launches Its Insurance Risk Suite AI Assistant
Yahoo Finance· 2026-03-05 16:31
Fidelity National Information Services, Inc. (NYSE:FIS) is one of the best information technology services stocks to buy now.. On February 23, Fidelity National Information Services, Inc. (NYSE:FIS) announced the launch of its Insurance Risk Suite AI Assistant. With the latest requirements, generative AI tools have become essential for organizations’ day-to-day operations. The Insurance Risk AI Assistant is a generative AI tool designed to offer instant, 24/7 guidance in all languages. The company highl ...
Stock market today: Dow falls more than 900 points, S&P 500 and Nasdaq slide as Iran war jitters return with another oil surge
Yahoo Finance· 2026-03-05 15:45
Block's (XYZ) CFO Amrita Ah explained the mechanics behind the decision to lay off 40% of its staff to pursue AI-driven work functions in a call last night. Some excerpts below. What's the read on the business since announcing the decision? Ah: I mean, look, we've been on this journey for a little while. This is not just a fly-by-night decision for us or something that we took frivolously. We've been using tools, developing, actually, our own agents called codename Goose that we've been using now for 18 m ...
Alkami Introduces Automated Stage Match to Accelerate Development in Its SDK Wizard
Prnewswire· 2026-03-05 15:00
Alkami Introduces Automated Stage Match to Accelerate Development in Its SDK Wizard Accessibility Statement Skip NavigationNew capability enables faster environment setup and earlier testing for financial institution developersPLANO, Texas, March 5, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced a major enhancement to its Software Development Kit (SDK) with the introduction of Autom ...
PYPL CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds PayPal Investors of Securities Class Action Deadline on April 20, 2026
Prnewswire· 2026-03-05 13:46
PYPL CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds PayPal Investors of Securities Class Action Deadline on April 20, 2026 Accessibility Statement Skip NavigationFaruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In PayPal To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in PayPal between February 25, 2025 and February 2, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh W ...
Tradeweb Reports February 2026 Total Trading Volume of $61.8 Trillion and Average Daily Volume of $3.1 Trillion
Businesswire· 2026-03-05 12:43
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a global leader in electronic trading across asset classes, today reported total trading volume for the month of February 2026 of $61.8 trillion (tn). Average daily volume ("ADV") for the month was $3.1tn, an increase of 23.4 percent (%) year-over-year (YoY). Record Highlights: For February of 2026, Tradeweb records included: ADV in fully electronic U.S. high grade credit ADV in global repurchase agreements ADV in other money market. ...
Bitcoin Bancorp Launches Texas Deployment of Licensed Bitcoin ATM Network With First 50 ATM Installations
Globenewswire· 2026-03-05 12:30
First Phase of Planned Regional Retail Rollout Begins With 50 of 200 Crypto ATMsLAS VEGAS, March 05, 2026 (GLOBE NEWSWIRE) -- Bitcoin Bancorp, Inc. (OTC: BCBC) (“Bitcoin Bancorp” or the “Company”), the holder of foundational patents for Bitcoin ATMs, and among a small number of publicly traded Bitcoin ATM network owner/operators, today announced the initial deployment of licensed Bitcoin ATMs across regional convenience-store locations beginning in Texas. The Company has begun installing the first 50 licens ...