While the OpenAI saga continues without any major changes in the last 24 hours our featured story today concerns the SEC and crypto. Yesterday, the SEC announced that it is suing Kraken for operating as an unregistered securities exchange. This follows similar actions in June against the two largest crypto exchanges, Coinbase and Binance. The SEC still really, really […]
Dani Fava, Group President of Product Innovation at Envestnet Hi guys, welcome to the Fintech Coffee Break. I’m your host, Isabelle Castro. This week I joined Dani Fava Group President of Product Innovation at Envestnet for my coffee break to talk about the promise of generative AI for the financial advisory. With AI being one […]
Rising interest rates drive retailers to seek new options that will encourage safe consumer spending. That is good news for companies like Accrue Savings, which offers an FDIC-insured wallet that helps customers build a balance with their favorite retailers. The incentivized wallet deepens brand engagement. According to a recent Bankrate retail card survey, the average […]
Mexico, once a pioneering force with its Fintech law back in 2018, now faces the risk of lagging behind its Latin American peers. Five years after the country made waves with its tailor-made regulation, other nations in the region have surged ahead with their initiatives, notably in Open Finance frameworks, a development deemed crucial by […]
Policy leaders in the fintech space gathered in Washington DC yesterday for the seventh annual American Fintech Council Policy Summit. It was a full day of learning and networking that provided a real sense of where the fintech industry is at right now. The tone was not overly optimistic or pessimistic. Instead, there was a […]
Research from TransUnion suggests that the Federal Housing Finance Agency’s (FHFA) move to a bi-merge system could significantly impact both consumers and lenders while providing little to no positive benefits. TransUnion SVP and mortgage business leader Joe Mellman said that when lenders use data from three credit bureaus, it provides a more complete and, in […]
Matt Bodkin Matt is a seasoned editorial cartoonist with a Bachelor of Fine Arts from Long Island University. He brings a strong background in the newspaper industry and skills in arts and design to his work. He aims to distill complex issues into funny doodles that resonate with readers. View all posts .pp-multiple-authors-boxes-wrapper.box-post-id-45383.pp-multiple-authors-layout-boxed.multiple-authors-target-shortcode.box-instance-id-1 .box-header-title { […]
Fintech firms aiming to sell generative AI services to banks would be wise to heed the AI fears, concerns, and preferences of bank executives and their corporate board members. The reason: Ninety six percent of senior bank leaders say they are far more involved in technology and IT purchase decisions due to increased interest in […]
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! Jacob Haar, Co-Founder & Managing Partner, Community Investment Management (CIM) There has been endless talk in fintech over the past year and a half […]
American banks have faced a barrage of regulatory changes during the course of this year. With many of the CFPB’s new rules involving data collection, bankers are feeling the strain. At a certain point, the collection, analysis, and reporting of all this data increasingly becomes a challenge regardless of the bank’s size,” said Peter Dugas, […]