Christophe Williams talks with Andy Rachleff, co-founder, president and CEO of Wealthfront; Rachleff is a fintech industry expert with extensive experience investing in and managing tech companies; he is also active in roles at the University of Pennsylvania where he earned his bachelor's degree and at the Stanford Graduate School of Business where he earned his MBA; in the podcast he talks about a wide range of topics pertaining to fintech; he also discusses the creation of Wealthfront and its business strategy. Source
The voluntary filing comes after crypto hedge fund Three Arrows Capital defaulted on a large loan from a Voyager unit.
Europe's PSD2 will require financial institutions to share data with third party service providers creating a new market opportunity for fintech developers with guaranteed account data access; in the US fintechs must still rely on relationship building to secure data partnerships thus making technology development more challenging; American Banker reports on details of a recently formed association that's seeking to make data access easier; the Consumer Financial Data Rights (CFDR) consortium includes 31 data aggregators and fintech companies lobbying for data access solutions and agreements; American Banker also outlines the progress that has been made in data sharing and proposals from the CFDR. Source
According to 2017 data from the FDIC 47 percent of Black Americans were underbanked, compared to 20 percent of white...
As the crypto sector gains traction, appealing to the mass market becomes critical. Learning from fintech's UX journey could help.
Why Aren’t More FIs Using AI To Fight Fraud? Why Fears Of An AI Job-Killing Apocalypse Are Overstated Commercial banks...
One-on-one networking opportunities are a bread-and-butter highlight for many past attendees at Fintech Nexus USA.
Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma,...
Parfin's seed round was led by Framework Ventures, one of Silicon Valley's leading managers in the crypto ecosystem.