Crowdfund Insider sat down with Karen Mills at LendIt Europe 2017; Mills is a Senior Fellow at the Harvard Business School and was previously head of the US Small Business Administration; she believes we are between two phases in the market: the banks waking up and the platforms arriving, including Alibaba, Amazon, Square etc. Source
The cloud is banishing clunky digital technology. So says the CEO of a Big Three tech provider, who is staking his company's future on it.
Cryptocurrency startup Basis, led by former Google employee Nader Al-Naji, raised $133mn from GV, Bain Capital Ventures, Lightspeed Venture Partners,...
HSBC is looking to leverage AI to predict how customers might redeem rewards points; the bank is looking to market specific offerings to the person so they get a tailored experience; the bank has partner with Maritz Motivation Solutions who uses technology to suggest categories to cardholders based on their likeliness to redeem the rewards; with so much competition in the market the bank knows they need to better tailor their experience to the different types of customers they have. Source.
Banks call on Congress to freeze new ILC approvals How the pandemic is propelling Zelle With Robinhood’s UK launch delayed,...
Last week, the cryptocurrency market briefly surpassed $3 trillion as the top digital coins rallied. Bitcoin and ether both hit...
AI GPT, is known for its "generative" attributes, but the transformer model underlying its evolution could make the biggest impact.
Revenues at Latin America’s most valuable fintech more than tripled year-on-year to $877.2m in the quarter, helped by growth in its loan book and new customers.
The Securities and Exchange Commission voted to finalize rules that require brokers and investment advisers to act in the best...
Consumer point of sale lender, Finomena, owns India’s most downloaded fintech app and they hope to continue gaining customers in this emerging market; led by Riddhi Mittal, formerly of Microsoft, and Abhishek Garg, a private equity investor, the company has exploded serving millennials who have little or no credit; they focus on extending credit for electronics, laptops, smartphones and furniture, which they view as good and productive categories for loans; the company has also pioneered flexible monthly installments in India and are looking to raise a Series A round soon. Source