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Fintech

Fintech
·Dec. 17, 2021

Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round

For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world.  To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. This is...
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FintechUSA
·Aug. 5, 2020

Banks Begin to Employ New Tech on Debt Collections

There is sure to be a growing consumer debt issue when the government assistance finally ends and banks are starting...
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FintechNews RoundupUSA
·May. 7, 2018

New York State Bill Would Create Limited Charter for Online Lenders

The bill is sponsored by New York State Senator Elaine Phillips; it would allow the Department of Financial Services to...
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facbooks diem stable coin project sells
Crypto
·Feb. 1, 2022

FB Meta crypto project Diem officially sells out

Silvergate, a US-based crypto bank that first partnered with the Facebook venture to create a stable coin last May, said in a release they paid $182 million for the operations infrastructure.
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Fintech
·Aug. 10, 2022

Celsius CEO Cashed in After Bankrupt Crypto Lender’s Token Surged

This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.
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FintechNews Roundup
·Feb. 25, 2019

Lend Academy Podcast: Zor Gorelov of Kasisto

Zor Gorelov is the CEO and Co-Founder of Kasisto; in our latest podcast he talks about conversational AI and how...
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FintechNews RoundupUSA
·Jan. 15, 2020

Deloitte Research Shows Challenges Robo-Advisors Face

Deloitte recently released a report called Driving innovation in investment management report estimates that invest-tech platforms; many of these platforms...
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FintechNews RoundupUSA
·Jun. 3, 2019

Lend Academy Podcast: Jared Kaplan of OppLoans

The CEO of OppLoans discusses non-prime lending, what is needed for these consumers to have a good experience, the unique...
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Trullion app screen grab
Fintech
·Mar. 29, 2022

Trullion frees up finance pros for higher-value tasks

One of the benefits of technologies like artificial intelligence and optical character recognition (OCR) is their ability to free up humans to concentrate on more complex and high-value issues.
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Fintech
·Mar. 11, 2022

Why PNC plugged into an early wage access marketplace

The bank's ongoing partnership with DailyPay complements services such as real-time billing and payments. This combination could help employers attract and retain employees amid the Great Resignation.
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