Vauld on Monday paused operations and said it was exploring restructuring options due to "financial challenges."...
The Securities and Exchange Commission (SEC), a financial government agency overseen by the Financial Stability Oversight Council, held a fintech forum discussing the industry; industry speakers included Ram Ahluwalia from PeerIQ and Matt Burton from Orchard; SEC speakers included Mary Jo White and Michael Piwowar; Mary Jo White focused on fintech responsibility suggesting thorough testing of various aspects of the business before introduction; Michael Piwowar focused on fintech sandbox testing and suggested that the SEC should be the lead agency regulating fintech; in an announcement on Monday, Mary Jo White also said she would be leaving her role in January. Source
Meet Glint, a British fintech with an app and debit card that enables users to save, exchange, and spend in physical gold and multiple currencies.
Bill Ready, COO of PayPal made an interesting analogy speaking at the World Economic Forum that fintech firms should look...
Andy Taylor previously co-founded marketplace lending platform SocietyOne; his new venture Douugh is a personal financial app; it uses a virtual assistant called Sophie to help users manage their finances; much like other apps, users input their financial accounts; users can interact with Sophie, asking questions like "How much did I spend on food this week?"; the app will also provide context around whether the amount spent is higher than usual and also aid users in setting up spending targets; the company is in beta for the rest of the year and will officially launch in February of next year; they hope to eventually make Sophie accessible via Alexa and Siri. Source
BCP y otros bancos están implementando tecnología de proptech para digitalizar los créditos inmobiliarios. ¿Es posible una hipoteca 100% digital?
On March 29, the Boston-based anti-fraud firm FiVerity announced a "holistic" fraud analytics platform to help firms stop criminal activity.
The global economy may be precarious, but investors keep pushing up valuations for scaleups looking to up-end financial services....
Online small business lenders use digital and direct marketing to help find new customers but the best way to grow...
BaaS requires the deployment of APIs, in addition to strong risk and compliance management of the fintech partner.