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#wealthmanagement

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Wealth clients expect more than self-service. Backbase helps firms deliver digital investing experiences that deepen relationships across the full client lifecycle.

Explore how we support onboarding, advice, and engagement.

#FinTech #FinServ #WealthTech #WealthManagement

backbase.com/segments/wealth-m

BackbaseAI-powered digital investing platform for investorsAutomate portfolio tasks, offer AI-powered guidance, and keep clients engaged at every stage of the investor journey.

Scammers are impersonating finance experts to steal millions – and the real ones are struggling to stop it

Scams impersonating celebrities and politicians have proliferated for years, but fraud targeting investors through fake advice from big names in finance is multiplying online.

theglobeandmail.com/investing/

The Globe and Mail · Scammers are impersonating finance experts to steal millions – and the real ones are struggling to stop itBy Mariya Postelnyak

Thanks to Jim Marous for having me on his podcast this week. We talked about how banks are falling behind with their most valuable clients, businesses and the affluent.

Ultimately my message is that financial institutions can no longer afford to focus exclusively on consumer digital experiences while neglecting their commercial and wealth management clients.

youtu.be/a4nwsOWx6eo?si=FVGXNu

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And one of the major issues for freedom of press is economic independence.

“Guaranteeing freedom, independence and plurality in today’s media landscape requires stable and transparent financial conditions. Without economic independence, there can be no free press. When news media are financially strained, they are drawn into a race to attract audiences at the expense of quality reporting, and can fall prey to the oligarchs and public authorities who seek to exploit them. When journalists are impoverished, they no longer have the means to resist the enemies of the press — those who champion disinformation and propaganda. The media economy must urgently be restored to a state that is conducive to journalism and ensures the production of reliable information, which is inherently costly. Solutions exist and must be deployed on a large scale. The media’s financial independence is a necessary condition for ensuring free, trustworthy information that serves the public interest.”

- Anne Bocandé -
RSF Editorial Director

Thus, if somebody reads this who has too much money lying on their bank accounts (of course, the 1% or 0.1% is here in the fediverse!):

You can be part of the solution. We all know rich oligarchs buying media in order to turn the world into a fascist hell, no?

So, why not financing independent media while committing to their independence?

There is a very interesting media fund, called MDIF:

"MDIF provides debt and equity financing supported by strategic advice to independent media in countries where access to reliable news and information is under threat."

mdif.org/

You won't make a lot of profit with this investment. But at least your money on the bank doesn't make the world worse.

(yes, personally I believe more in radical media collectives, but the scale here is a different one).

@Meron

#Finance #SustainableFinance #Investment #WealthManagement #FinancingMedia
#ImpactInvestment #ImpactInvesting #MDIF #Wealth #IndependentMedia #RealPolitik

MDIFMedia Development Investment FundMedia Development Investment Fund: Human rights organization and non-profit investment fund for independent media.