The following is a guest post by Shannon Flynn, Managing Editor at ReHack Magazine. Chatbots have been slowly growing in fintech for years, but they’ve yet to reach their much-publicized potential fully. The advent of ChatGPT could change that. Chatbots in banking could transform the industry as generative AI takes a step forward. A 2019 […]
The “crypto winter” has swept away the hopes of many investors worldwide. But in many of Latin America’s inflation hotspots, stablecoins are still finding adopters. Despite its massive price drop, the ecosystem is building bridges into Latin America’s real-world economy at a rate hardly seen in developed economies. To be sure, a lower price […]
While some fintechs are shedding jobs, one area where they’re short is in fraud detection specialists, results of a new survey from OCR Labs Global and FINTRAIL finds. A copy of Fighting Identity Fraud in an Economic Downturn is available here. More than 50 global members of FINTRAIL’s Fintech FinCrime Exchange responded. The worldwide network […]
Argentine digital credit fintech Moni recently announced that it has raised $1.6 million under the modality of a financial trust with the public offering — the seventh of its series. Banco de Valores S.A. and First Corporate Finance Advisors S.A. acted as arrangers in this transaction. Among the leading investors in this financing were Banco […]
For crypto, a sector that has long demanded more regulatory clarity, 2023 has so far been a wake-up call. Regulators that have been dragging their feet have embarked on a crackdown, each week bringing with it a new story of lawsuits, settlements, and rejection from the financial system. The SEC, led by Gary Gensler, is […]
Over 70% of millennials, of the 54 million making up the US workforce, have said they can’t afford to purchase a home. With a year full of rate hikes and inflation surges, this number is likely to rise. For Amazon employees, however, there may be some hope on the horizon. Today, February 28, 2023, Better […]
Mercado Libre, the Amazon of Latin America, prolongued its momentum into 2023 as the growing weight of its fintech business lifted last-year results higher. The e-commerce giant booked a 56.6% year-over-year revenue growth during the fourth quarter, up to $3 billion. The company cemented its position as the leading regional marketplace while its fintech unit […]
Matt Bodkin Matt is an experienced editorial cartoonist with a demonstrated history of working in the newspaper industry. Strong arts and design professional with a Bachelor of Fine Arts focused in Fine Arts from Long Island University, Southampton Campus. View all posts
Hi guys. Welcome to the Fintech Coffee Break. I’m your host Isabelle Castro. Today I had my coffee break with Bernhard Blaha, CEO of The People’s SCE. Bernhard Blaha CEO of The People’s SCE The People’s SCE is a decentrally governed organization that is the service provider of the e-credit ecosystem. Aimed at empowering local […]
By most accounts, 2022 was a challenging year. Following historical highs in 2021, the fintech sector has been caught in a turmoil of stunted VC investment, plummeting valuations, and round after round of layoffs. According to the F-Prime State of Fintech report released earlier this week, valuations have dropped to below historical averages, following the […]