The ability to bolster human knowledge in a short amount of time is a tantalizing prospect for the application of artificial intelligence.
When funding rounds are down and smaller than they used to be, some fintechs switch to asset-based and Venture debt to keep kindling on the burn rate pile.
American Banker speculates on what President-elect Donald Trump will do with the CFPB, which has enhanced consumer financial protections in recent years; Trump has not been definitive but rather generally against current levels of financial regulation; in October, the US Court of Appeals for DC found that the CFPB's director could be unilaterally replaced by the US President; the agency has until November 25 to appeal; if they should lose the appeal, the publication poses options for the incoming President of (a) pressuring current Director Cordray to resign then replacing him with someone who will drop the legal appeal, or (b) have Republican lawmakers in the next congressional session replace the single director oversight with a five-member commission and subject the CFPB to Congressional appropriations review. Source
Sifted has done some interesting analysis on the founders of the top 10 leading digital banks in the UK; it...
Hiring competition has increased across sectors - A focus on financial wellness may equate to higher employee retention and motivation.
Changing marketplace practices make it the ideal time for people with stock options to have liquidation opportunities.
The business press have focused this week on Deutsche Bank, amid rumors they will require government action to stay viable in their current circumstances; trigger issue is US government seeking a US$14 billion fine over the 2008-2009 centered subprime mortgage crisis; rumors vary on whether Deutsche and German government are working on a crisis plan and/or considering government financial support; comparisons are proposed to that period's bailout of "too big to fail" Lehman Brothers. Source
Results from MoneyLion's first Personal Financial Wellness Study confirm the growing influence of digital sources in our financial lives, but the steep drop-off of knowledge among millennials and Gen Z consumers.
For investors who want to make an impact on the climate crisis, Ziggma provides data on companies' financial performance and their footprint.
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