Fidelity Investments news and trends

Fidelity Investments Restricts Cash Management Accounts to Shut Down Fraud
Security & Fraud // September 27, 2024

Fidelity Investments reportedly shut down an online check fraud scheme similar to one that recently struck J.P. Morgan Chase by tightening some restrictions on cash management accounts Sept. 11. The firm cut the amount certain customers can deposit into their cash management accounts from $100,000...

Webull Stays on Top in Provider Ranking of Personal Finance Apps
Personal Finance // February 12, 2024

Love is priceless. For everything else, there’s the latest edition of PYMNTS’ Provider Ranking of Personal Finance Apps, to help you keep track of your expenses.  In this month’s list, Webull tops the charts, with SoFi close behind.  Here’s how the rest of the rankings...

SoFi Trails Top-Scoring Webull in Provider Ranking of Personal Finance Apps
Personal Finance // January 08, 2024

With the new year upon us, competition is heating up in the realm of personal finance apps. In this edition of the PYMNTS Provider Ranking of Personal Finance Apps, we see several ties and even a triple tie. Webull remains in our top spot, but SoFi...

Webull Pulls Ahead in PYMNTS’ Provider Ranking of Personal Finance
Personal Finance // December 07, 2023

Our money is only as good as we are able to manage it. There are a growing number of tools available to help us do just that, but it can be hard deciding the best one for the job. In this edition of PYMNTS’ Provider Ranking...

Quick Reads
Fidelity Investments Discloses Data Breach Affecting 77,099 Customers

October 10, 2024
Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company said in data breach notifications filed Wednesday (Oct. 9) with the Office of the Maine Attorney General. “Between August 17 and August 19, a third party accessed and obtained certain […]

Fidelity Investments Restricts Cash Management Accounts to Shut Down Fraud

September 27, 2024
Fidelity Investments reportedly shut down an online check fraud scheme similar to one that recently struck J.P. Morgan Chase by tightening some restrictions on cash management accounts Sept. 11. The...

Fidelity Investments Plans NFT Marketplace and Metaverse Services

December 27, 2022
Fidelity Investments’ metaverse plans reportedly include developing an NFT marketplace. The financial services corporation has filed trademark applications for a non-fungible token (NFT) marketplace, metaverse investment services, virtual real estate...

Fidelity Investments Continues Embrace of Cryptocurrency

November 03, 2022
In another sign of its growing interest in digital assets, Fidelity Investments has set up a waitlist for its customers for Fidelity Crypto. According to the company’s website, the offering...