I’ve seen a lot of discussions of adversaries. It’s FinTech versus Bank, central bank currencies versus decentralised currencies. The commentary makes it appear like a big battle. I disagree. It’s not a battle or a war. It’s a change to the system based upon progress, development and technology. For example, …
The trend isn't the end of relationship banking, but partnering and a niche market focus will be essential, especially as CRE lending slows.
Papaya, a mobile application that simplifies bill payments for US consumers, has picked up $50 million in a Series B...
One of the world’s top crypto investors is leaving Andreessen Horowitz to start her own venture capital fund. Read the...
Asenso Finance and a community development financial institution, the National Asian American Coalition, have developed a loan aimed at borrowers with limited credit histories. The underwriting relies in part on alternative data and borrowers are required to take financial literacy courses.
Recent analysis from London-based Nickel Digital Asset Management reveals 20 listed companies with a market cap north of $1.0 trillion have around $9.6 billion invested in Bitcoin. They originally spent $5.9 billion buying the cryptocurrency. North American corporations dominate the listed company investment in Bitcoin
The U.K. advertising watchdog banned seven cryptocurrency ads on Wednesday and said they must not appear again. Read the full...
Intuit's QuickBooks unveiled Wednesday a rebranding of its integrated small business bank account QuickBooks Cash as QuickBooks Checking.
Papaya, a mobile payment platform that reduces bill pay friction, announced raising a $50 million Series B funding round.
The use of artificial intelligence and machine learning in financial services, while promising, is not without risk. It's on federal regulators to ensure that algorithms relied on by banks and credit unions aren't harming businesses and consumers.