The Central Bank of Brazil envisaged Open Finance as a game changer for the financial system. After two years, it is finally taking off, and fintech companies like Nubank appear to be making the most out of it. The neobank emerged as the top data receiver via open finance this year, a framework that facilitates […]
One of the most significant challenges for fintech entrepreneurs is how to successfully sell to financial institutions. Carey Ransom, the Co-Founder and Managing Director of BankTech Ventures, shared valuable insights on the complexities and opportunities involved in penetrating bank innovation departments during the Fintech Blueprint’s inaugural Office Hours roundtable. Carey Ransom, the Co-Founder and Managing […]
Hi guys, welcome to the Fintech Coffee Break, I’m your host Isabelle Castro. This week I shared my coffee break with Eric Satz, CEO and founder of Alto. Alto is an investment Fintech focused primarily on individual retirement accounts, so IRAs. The platform offers investors the opportunity to invest retirement money in alternative assets, moving […]
The BNPL market has seen rapid growth over the past few years. A recent report from Mordor Intelligence valued the US BNPL market at $70 billion for payment value in 2022 and a projected growth rate of 27.5% until 2028. However, the industry continues to be plagued with concern over its practices. Yaacov Martin, Co-Founder […]
Sarah Levy of Betterment It wasn’t that long ago that robo-advice was this exciting new industry that was going to bring automated investing to the masses. Today, much of that initial promise has been realized and all the major investment firms have this as part of their offerings. But there is much more work needed […]
The widespread use of AI in fintech is inevitable, but issues like legal, educational and technological ones must be addressed. As they get resolved, several factors will still increase use in the interim. As society generates exploding volumes of data, it provides unique challenges for financial companies, Shield VP of Data Science Shlomit Labin said. […]
‘I lost my wallet in a cab last night’ and ‘What is my routing info?’ The answers came back quickly and accurately during a demonstration of the AI-powered attendant by digital customer service firm Glia. Talking to this artificially intelligent banking virtual assistant felt a lot more natural than using the touch-tone menus that have […]
Five years ago, it might have sounded like a foxy idea. Cryptocurrencies were booming, with speculators across the globe pouring funds into the new technology. On the other hand, a cash-strapped nation was looking for ways to open up new funding sources. Hence the Petro was born, Nicolas Maduro’s idea of a cryptocurrency in Venezuela. […]
Hi guys, welcome to the Fintech Coffee Break. I’m your host Isabelle Castro. This week I shared my coffee break with Jonathan Dixon, Director of Regulatory Affairs at Eventus. This year, it has been difficult to ignore the mounting pressure on regulators regarding crypto. Whether it’s been stonewalled or embraced, the sector has been crying […]
Organized crime groups are exploiting gaps in detection technology to orchestrate financial fraud on a massive level simultaneously across multiple businesses and geographies. The result? Actual fraud rates are multiple times higher than reported, AU10TIX’s chief business development officer Ofer Friedman said. Originally founded to provide identity intelligence technology for airports and border crossings, AU10TIX […]