Hi guys, welcome to the Fintech Coffee Break, I’m your host Isabelle Castro. This week I shared my coffee break with Stacy Greiner, COO at DailyPay. DailyPay is a forerunner in the US and wage access space. Working with employers all over the country, they empower them to offer their employees access to wages they […]
America’s ecosystem of over 4,500 banks is an anomaly in the global landscape. Other countries’ banking numbers barely reach 500. However, banking has been going through a shift, and in 2023, the threat to smaller banks is increasing. In the 2023 Cornerstone Advisors “What’s Going On in Banking” survey, threats were registered from all sides. While the perception of […]
Cashflow underwriting is an area that fintechs have explored extensively, outlining that credit scores pose a limited picture of consumers’ financial health and can do more harm than good. “The system is broken (or inequitable is more appropriate),” said Lauren Crossett, CRO of Pinwheel, during a Fintech Coffee Break episode earlier this year. “Consumers are […]
When it comes to running an e-commerce store there is no bigger name than Shopify. They have been helping entrepreneurs run all aspects of their e-commerce business for well over a decade. And in recent years they have quietly built up an impressive suite of financial products. Vikram Anreddy of Shopify My next guest on […]
Student loans have become a fundamental part of accessing higher education. Data shows that while average college tuition fees have remained stable for the past decade, they have almost tripled in the last 30 years. The average cost is over $36,000 per year for a full time student. Currently, over half of students at college […]
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 { […]
John Lynch and his fraud identification team at Amount had automated many processes for its banking partners, but were still looking for a way to enhance their services and reduce the time it required to verify customer details. Authenticating individuals’ addresses and incomes required time-intensive human investigation, which could take hours instead of seconds. Manually […]
In the digital evolution of financial services, Application Programming Interfaces (APIs) have become a significant component. Improving customer experience and the flexibility of fintech solutions, they provide a core area of developing successful fintech applications. Salt Security has, however, recently released surprising results regarding the security of APIs. The results found that API attackers targeting […]
Embedded finance (EmFi) has been one of the most hyped financial technology topics of the past two years and is estimated to reach revenues of US $7.2 trillion by 2026. Essentially the placement of a financial product in a nonfinancial customer experience, journey, or platform, EmFi is transforming the way customers approach areas such as […]
The global rise in digital payments has brought with it a booming market for virtual cards. Driven by the ongoing adoption of smartphones, evolving payment technologies, and a desire for increased security, the global virtual card market is expected to reach a value of $9.1 trillion by 2027. If realized, this would represent a 280% […]