The landscape has become increasingly challenging for startups. Funding cuts, plummeting valuations, and a shift from the “growth at all costs” mentality have left their mark. Sarah Hinkfuss, Partner at Bain Capital In Fintech Blueprint’s second Office Hours roundtable, Sarah Hinkfuss, Partner at Bain Capital Ventures, shared insights on the startup stories that are enduring […]
“How is GenAI being used by financial services?” said Robert Antoniades. Co-Founder and General Partner of Information Venture Partners. “The simple answer is it’s not being used. Certainly not broadly.” Given the amount of airtime GenAI has been getting in the conversations around innovations in financial services, this answer may be a surprise. However, Antoniades […]
Mexican fintechs are gearing up to enhance lending in Mexico, buoyed by falling inflation and the announcement of million-dollar credit lines from major U.S. lenders. Recently, Klar, a fintech company, announced it had secured a $100 million debt facility from Victory Park Capital, a Chicago-based firm. This infusion of funds aims to boost Klar’s appetite […]
An effective service strategy covers the many different ways that a customer will interact with their financial services: seamless solutions for phone calls, digital interactions, and more frequently in recent years, automation (ideally, all on the same platform). Through all these touchpoints, it’s more important than ever that banks and credit unions are able to […]
The International Monetary Fund praised Brazil’s central bank’s digital currency recently, calling it the regulator’s “flagship initiative” to deepen the reach of digital financial services in Latin America. “The Brazilian central bank is at the forefront of financial innovation,” the multinational agency said in a report, as the regulator is undertaking pilot tests for 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 { […]
The American healthcare payments system is plagued with billing errors, fraud, and confusion. The average cost of it is estimated at around $325 billion per year. While some medical bills are correct, the odds aren’t in patients’ favor. Around 80% of medical bills have errors, a quarter of which are due to typos. These mistakes, […]
Phil Goldfeder of American Fintech Council It seems like every day there is a story coming out of Washington that can have a major impact on fintech. Whether it is the CFPB, OCC, SEC, the Fed or new legislation being proposed, fintech companies can be profoundly impacted by what happens in our nation’s capital. That […]
Finance has had more than its fair share of hype cycles, so you’d be forgiven for thinking that Generative AI was just one more. But, according to Mastercard, the technology is on the brink of significant economic disruption. “Unlike other technologies that have seen hype cycles, generative AI exhibits clear use cases, has led to […]
Pinwheel’s new partnership with American Express is the latest development for a fintech that has been quite busy over the past two years. The income and employment API is now American Express’ direct deposit switching partner for their new checking account. In a statement, Pinwheel said removing all friction from the account setup process is […]