The crypto industry is in a stunning place—there's nearly 100% disagreement between regulators and crypto companies on a foundational question.
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- Bank Fintech Partnership More Than Just a Good Idea
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China Construction Bank opened a branch in Shanghai only using technology; they have no human staff and instead use facial recognition, artificial intelligence and virtual reality to provide services; this is the first of its kind in China and the bank says it can handle 90 percent of transactions. Source.
According to data from LinkedIn there are more than 150,000 data scientist jobs that employers were unable to fill; the...
The current definition for accredited investors was established back in 1982; since then little has changed and to be an...
Uplift up until now been keeping a low profile in the lending space; the firm partners with airlines and travel...
The country's top SBA lender — the 'original niche bank' — bets big on embedded banking using a modern core. A key goal: low-cost deposits.
Tearsheet digs into how Revolut generates cash; the startup announced it broke even in December with 1.5 million customers and monthly transaction volume of $1.5 billion; this represents a 700% increase in 12 months; Dan Westgarth, head of Revolut USA stated, “Our revenue model globally is payments-centric. We receive renumeration every time our card is used; that’s what keeps our business afloat, and we’re wrapping around on top of that third-party services, and we have a business and corporate product.” Source
Lawmakers and other government officials are working to make changes to the Paycheck Protection Program; there has been slowing demand...
Every year Forbes gives us insight into fintech companies with their Fintech 50 list; 2019 was a huge year for...