TearSheet sat down with Megan Caywood, co-founder and chief platform officer at Starling Bank, to talk about the digital bank’s success so far; the interview covers the biggest issues with banking today, the issues Starling Bank is trying to solve, differentiating from other digital banks, customer acquisition and more. Source.
After a 17 year career at Goldman Sachs, Tom Jessop, a senior technology executive is joining Chain Inc.; Chain was founded in 2014 and is based in San Francisco; Jessop's new role will be as president and he plans to work on the firm's partnerships; Chain will be opening a New York Office; Chain licenses its own version of blockchain technology that is more secure; it was reported last year the company was working with Visa on a B2B payments solution; company has raised $40 million from Visa, Capital One, Nasdaq and Citi Ventures; Khosla and Thrive Capital are also investors. Source
A U.S. central bank digital currency is coming, and what form it takes could spell opportunity — or trouble — for the banking industry.
The metaverse is a virtual world that blends aspects of digital technologies including video-conferencing, games like Minecraft or Roblox, cryptocurrencies, email, virtual reality, social media and live-streaming. Quite how these pieces will fit together is a work in progress, but investors and executives including Facebook Inc. Chief Executive Officer Mark Zuckerberg are already interested in...
A new fintech hub has opened in Copenhagen, Denmark; the Financial Services Union Denmark, City of Copenhagen and Danish Bankers Association provided support for the new fintech hub, Copenhagen Fintech; the membership association will focus on five areas of fintech including 1) fintech entrepreneurship 2) platforms, payments, and usability 3) cybersecurity in finance 4) digital processes and 5) financial computation; Thomas Krogh Jensen will lead Copenhagen Fintech as the CEO. Source
It will focus on developing and promoting the investment banking business, under the management of BBVA Corporate & Investment Banking (BBVA CIB).
Swedish based fintech Klarna is launching a suite of authentication services for retailers as they look to expand beyond their...
The FIS Fintech Accelerator 2024 will see 10 startups meet with business leaders, scale their products, and develop a market-centric value proposition.
This week Digit announced it was launching a savings bot which will operate on Facebook's messenger; to date users have saved over $350 million with the app which tracks income and spending and subsequently transfers small amounts of money to a savings; the company is also rolling out a financial goal program using artificial intelligence which will allow users to set savings goals and timelines. Source
Fast and efficient cross-border payments are one of the most widely touted use cases for blockchain technology.