Banks use relationship-based services to attract and retain customers in these times of higher interest rates. SunTec Business Solutions President Amit Dua said if these services are correctly deployed, they benefit both the bank and the customer. Sometimes, banks launch campaigns offering high deposit rates in their search for new customers. If that is the […]
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 { […]
So much for a slow news week this Thanksgiving. The fast-moving cluster that was the OpenAI leadership battle appears to have been resolved with Sam Altman returning as CEO. Shoutout to our cartoonist Matt Bodkin who I thought captured the last five days at OpenAi well (see below). But the OpenAI story was eclipsed yesterday by monumental news 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! Laura Kornhauser, Co-Founder & CEO, Stratyfy The use of machine learning models in underwriting for consumer loans has been around for more than a […]
If a financial institution looks beyond the hype of AI and tempers its expectations, it can use AI to deliver measurable business results. That’s been the experience of Amount’s director of decision science Garrett Laird. Given the interest in Chat GPT and related tools, the recent buzz around AI is understandable. Like many in fintech, […]
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 […]