The aid world’s drastic reconfiguring may have profound long-term effects on what makes for common sense within the fintech sector. It all came to a grinding halt three months ago. On January 27, the Office of Management and Budget (OMB) issued a “temporary pause” on “all activities related to obligation or disbursement of all federal […]
Five Questions with Fifteenth during tax week It’s Tax Week in America, and as the IRS contemplates its next moves — amid funding battles, free-file experiments, and more — the board is shifting. Meanwhile, market volatility has turned the everyday pain of paying the tax man into a high-stakes game of strategy, with timing, structure, […]
As the IRS confronts cuts and restructuring, fast-moving AI identity fraud is a growing threat. Can the agency meet the challenge? The Internal Revenue Service (IRS) is at something of an existential crossroads. More than 22,000 IRS workers have signed the Trump Administration’s deferred resignation offer, which allows employees to go on leave with pay […]
The Trump Administration has telegraphed significant changes to GSE mortgage lenders — with massive implications for the industry Since his swearing in on March 14 as the fifth Director of the Federal Housing Finance Agency (FHFA), construction mogul William J. Pulte has executed major policy and personnel changes. Among other moves, Pulte has named himself […]
Technology changes, but consumer needs rarely do. All we want is access to varied, unique inventory and more convenience — commerce technology has evolved to better enable both. As commerce models change, new payment and financial service modalities arise to accommodate the changing patterns of money movement. To understand what comes next as we stand on the precipice […]
It is great to be back writing on Fintech Nexus again. As many of you know we closed down Fintech Nexus last year and then sold our assets to COMMAND. We worked together during the acquisition process, ensuring a smooth transition, and the team at COMMAND relaunched the website a few weeks ago. And they […]
With US government programs that support public data access—including weather reporting—on the chopping block, the fog is rolling in for the industry that underpins the global financial sector: insurance. The pseudo-governmental Department of Government Efficiency (DOGE) led by Senior Adviser to President Donald Trump, Tesla and SpaceX CEO, and X Chairman and CTO Elon Musk […]
Fintech investor Simon Wu discusses the rising popularity of the secondary exit strategy, and staying disciplined amid the AI frenzy Simon Wu is a Partner at Cathay Innovation, a ten-year-old venture offshoot of Paris-based Cathay Capital. With $2.5 billion in assets under management (AUM) across three funds, Cathay Innovation focuses on fintech, digital healthcare, consumer, […]
For decades, payroll tech barely changed. Now, upstarts and incumbents alike are trying to overhaul how businesses pay their people by putting finance in the apps they use every day. Being a first mover hinges on timing. Introducing a new product or service before everyone else, leveraging that head start to entrench yourself in the […]
The company has teamed up with Visa on card issuance driven by stablecoin tech and operates in 100 countries Count Rain as a company whose founders saw the future before most. And they plan to be ready when everyone catches up. Rain, which announced its latest $24.5M funding round this week led by Norwest Ventures, […]