Fintech

Neobanks and traditional institutions face a period of intense change, driven by technology, but framed within new political realities.

Rohit Chopra, the director of the Consumer Financial Protection Bureau, has cautioned banks, credit unions and fintechs about fair-lending violations that may stem from reliance on artificial intelligence. His comments threaten to discourage financial firms from using the technology to crunch nontraditional data about borrowers, experts say.

I don’t know what the future of money is going to be any more than Mark Zuckerberg did, but I’m pretty sure it is going to be more radical than a chest of gold-pressed Latinum coins or a stablecoin for avatars in Big Tech’s virtual world.

One of the many benefits that fintech has brought is the democratization of investing. What initially attracted me to fintech was the ability to invest in consumer loans through LendingClub, an asset class previously unavailable to individual investors. Another asset class that has been unavailable to regular investors is collectibles. Want to invest in a classic car, rare baseball cards, books, coins or wine? You typically had to be wealthy. Our next guest on the Fintech One-on-One podcast is George […]

Taking on the $9 trillion private credit market, Percent launched a platform to help anyone underwrite in the private credit space.

Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite...

"There are disturbing echoes of the subprime crash" in the cryptocurrency market, Nobel Prize-winning economist Paul Krugman says.

The Federal Reserve today announced the anticipated pricing approach for its FedNow Service for instant payments. Read the full article...

Genesis Publishes Q4 Report on Digital Assets: Crypto Lending Tops $50 Billion. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain