ChatGPT launched a year ago and the tech world will never be the same. The New York Times has an in-depth look at the impact of this revolutionary new product, focusing on big tech. It is interesting to me that one of the greatest tech launches of the past decade came not from a big tech company […]
A quarterly report published by integrated app and security platform Wallarm gives granular attention to a little-discussed but critical security concern for fintechs – their APIs. The reports are developed from publicly available sources. Wallarm co-founder and CEO Ivan Novikov said his goal for the reports is to estimate the scope of the threats and […]
In the kickoff to the Holiday shopping season, consumers are spending, with retail sales up 1.1% and e-commerce sales up 8.5% according to Mastercard SpendingPulse. But you want to know what is really up? Buy now pay later. BNPL generated a staggering 42.5% more online spending on Cyber Monday this year than last year. And it […]
Payroll is complicated and complex. But like everything else in finance, it can be embedded into an existing software operation. One of the leaders in embedded payroll is Check, a fintech that has pioneered this new niche. Today, Check has announced three new tools to make launching payroll easier for software platforms. First, let’s give […]
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! There are many options for raising growth capital for established startups. With all the attention paid to venture capital, we sometimes forget that the […]
Times might be hard for global tech firms, but the largest neobanks in Latin America are not showing it. The region’s biggest fintechs have demonstrated remarkable resilience in the third quarter of the year, improving profits at a fast pace while acquiring millions of customers in the period. Even as the region faces inflation and […]
While it is not yet a wave, fintech consolidation is starting to pick up. And yesterday we learned of another deal, this one in the investing space. While this deal was telegraphed a few months ago there was an official announcement yesterday. Leading investment fintech Yieldstreet is acquiring the real estate platform Cadre. Terms of the deal were not disclosed but […]
Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types. That ad hoc approach slows institutions’ abilities to add the most sought-after payment types. By the time they offer a popular payment method, they could be […]
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 { […]
Europe has always been far ahead of the U.S. when it comes to instant payments. This week, they are taking another step forward. Swift announced today that the European Payment Council’s awkwardly named One-Leg-Out Instant Credit Transfer scheme (OCT Inst) went live this week and it enables payments to and from Europe to be processed 24 hours […]