The credit system has faltered in today’s global society, where international relocations are part of daily life. Millions of international migrants have been excluded from access to financial products, a hardship not impacting many nationals. This is particularly pressing in post-Brexit Britain, which, buffeted by economic headwinds and a critical talent shortage, may need to […]
On today’s episode, I’m joined by Craig McLaughlin, Co-Founder & CEO of Finalytics. Craig McLaughlin of Finalytics.ai Finalytics.ai is the first customer-centric data platform designed to help credit unions translate high-touch service onto the digital channel. I find the community bank and credit union space fascinating, they do not have the luxury of throwing money at problems […]
The fintech industry has become much more sophisticated in how it engages with lawmakers and regulators in Washington. There are now many people in leadership positions, both within fintech companies and within the trade associations, with deep experience in government who can make sure our voice is heard. And that the issues that are most […]
SME lender October announced €35 million in backing from the European Investment Fund (EIF) and Invest-NL for their SME V fund today. This is the fourth time the EIF has shown its commitment to the fintech’s funds. “This renewed commitment for October testifies not only to the track record of this fund manager but also […]
January 19, 2023, social media was awash with speculation on who could possibly be at the receiving end of the DoJ’s “major global crypto enforcement.” Rumors circulated, individuals tweeting that perhaps it was one of the “Big Three” (Binance, Kraken, and Coinbase). The somewhat anticlimactic answer was Bitzlato. The little-known exchange has since been catapulted […]
The trend for ecological sustainability is spreading from industry to industry. Fintech has not become an exception, with the environmental, social, and corporate governance (ESG) criteria becoming an increasingly important factor for fintech businesses in raising investments. However, there is a “but” here. While many “green” fintech startups like Aspiration or Sugi appear on the […]
Brazilian bank BV bought a stake in the fintech Méliuz, with the option to take control of the BaaS platform Bankly. BV is considered the fifth-largest private bank in Brazil, according to the Central Bank of Brazil ranking. BV acquired a 3.85% stake in Méliuz in a deal that includes a commercial agreement between the […]
The march towards a cashless future is well underway. The British Retail Consortium (BRC) found in its 2022 payments survey that card transactions within the UK accounted for almost 90% of retail transactions in 2021. The BRC noted that cash usage had dropped significantly to an all-time low of 15% yet remained the second most […]
In the early hours of Saturday Afternoon in early December, long-term Coinbase user David* received a text. Seemingly legitimate, the message said someone had changed his Coinbase password, and a transaction was pending. Moments later, he received a call claiming the same thing. Skeptical at first, his fears were subdued when the caller opened a […]
Have you ever had to dispute a charge on your credit card? With a few simple clicks or using your finger on your smart device, you can initiate a chargeback through your bank or credit card company. Consumers see this process as seamless and relatively instant. It’s just the start of a complex process for […]