One of the richest areas of fintech innovation right now is in instant payments. The launch over the summer of FedNow has brought heightened awareness to instant payments but there have been other offerings available in this country for some time. My next guest on the Fintech One-on-One podcast is David Watson, the President and […]
Economic challenges have affected individuals nationwide this year. Economic growth has stayed consistently low, and inflation, although declining, has dropped due to drastic rate hikes, pushing the cost of living to new levels. All consumers have felt the pinch. However, according to a new report released today by the Financial Health Network, the impact has […]
Artificial intelligence is undoubtedly one of the biggest — if not the biggest — buzzwords in technology today. From chatbots and virtual assistants to autonomous vehicles and facial recognition, the broad application of such tech is having a profound, effective change around the world in myriad fields.And it’s effectiveness that’s making it the key to […]
As technology evolves and new industry players emerge, it has never been easier for customers to search for the best deal on the market and apply for a loan in minutes. Plus, the current challenges of slowed loan demand, record-high interest rates and increased online lender competition have only intensified the need for banks to […]
Latin American publicly traded neobanks reported strong results in the second quarter, a sign that the buoyant fintech sector continues to grow even as higher rates and lower capital exact a heavy toll on the industry. Mercado Libre, Nubank and PagBank all reported profits in the period. Their combined market capitalization now exceeds the $100 […]
Hi Guys, welcome to the Fintech Coffee Break. I’m your host, Isabelle Castro. This week, I sat down with Daniel Ballen, Co-Head and Partner at Portage Capital Solutions, to talk about the startup funding environment. Startups have been facing a frigid climate for funding, exacerbated by March’s banking crisis and ongoing rate hikes. Demand is […]
In early 2021, then Chancellor of the Exchequer, Rishi Sunak, announced a plan to supercharge fintech within the UK. “Our vision is for a more open, greener, and more technologically advanced financial services sector,” he said. “The UK is already known for being at the forefront of innovation, but we need to go further. The […]
Sponsored Sponsored content is a type of promotional media paid for by an advertiser but created and shared by a publisher. Fintech Nexus contracts sponsored content articles to experienced journalists comfortable in the fintech space. Alloy With compliance regulations evolving regularly and becoming more demanding in recent years, banks and fintechs have had to devote […]
Thesis: Amid legislative changes, prolonged economic uncertainty and recent shifts in the banking landscape, banks and fintechs are in a unique position to combine their strengths and offerings to reach business owners in communities that typically face additional barriers to securing funding. Underserved Communities – the missing piece? Current macroeconomic factors, especially a tightening credit […]
Big Tech’s dominance is increasingly coming into question, and yesterday, the CFPB took aim at its monopolization of the Tap-to-Pay industry. Tap-to-pay has increased in importance to the payments industry, enabling a forecasted $179 billion of transactions in 2023. Analysts expect this number to grow considerably, rising by 150% by 2028. Although the Near Field […]