The new Mighty Oak Visa debit card from Acorns has a solid foundation for success says a representative from long-time partner Helix by Q2. GM Ahon Sarkar said he’s not surprised by Acorns’ prosperity since the two companies first partnered seven years ago, which is an eternity in fintech. Debuting in mid-November 2023, the Mighty […]
Today, a new global report was released from Nasdaq and Oliver Wyman on illicit money flows and the numbers are sobering. The Global Financial Crime Report quantifies the total amount of illicit financial activity and the number is an eye-popping $3.1 trillion. Included in this number is bank fraud covering payments, checks and credit card fraud which […]
We’ve surveyed over 300 global decision makers from a variety of financial services providers and fintechs to discover their key challenges and priorities in 2024 and beyond. Ready to see how your organization aligns? Get all of the insights now in our 2024 Global Risk Decisioning Surve In this whitepaper, we discuss: • Risk decisioning […]
The impact of AI in financial services will gain a renewed focus on Capitol Hill. There has been an AI task force on the House Financial Services Committee for some time but we learned late last week that a new bipartisan working group on AI has been formed. This new working group will look at how AI […]
Enjoying our podcasts? Don’t miss out on future episodes! Please hit that subscribe button on Apple, Spotify, YouTube, or your favorite podcast platform to stay updated with our latest content. Thank you for your support! The small business lending space has seen a lot of innovation over the last decade with fintech leading the way. But there is still […]
Two years ago, before the crypto meltdown of 2022, stablecoin issuer Circle announced that it was going to go public via SPAC at a $9 billion valuation. But then, you know, 2022 happened (Celsius, 3AC, Luna, BlockFi, FTX, etc). So plans were quietly shelved in December of that horrible year for crypto. 2023 was a very different year. Bitcoin […]
In an era where technology is the cornerstone of innovation, Application Programming Interfaces (APIs) have emerged as the centerpiece of data exchange, enabling seamless interactions between diverse systems and platforms. These intricate digital gateways have not only transformed the landscape of industries but have particularly revolutionized the banking sector. APIs are important today because they […]
It has finally happened. More than a decade after receiving the first spot bitcoin ETF application the SEC gave its approval yesterday. While this was widely expected, it wasn’t a slam dunk as demonstrated by the tight vote: 3-2 in favor with SEC Chair Gary Gensler providing the deciding vote. In total, 11 spot Bitcoin ETF applications […]
Risk teams today have a challenging job. New threats continue to emerge, often more complex and sophisticated than previous efforts. At the same time, fintechs are expected to grow by providing a seamless customer experience. Investment in an integrated platform for managing fraud, credit, and compliance risks is no longer optional —it’s imperative. In a […]