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Fintech

regulator report
Regulation
·Nov. 16, 2021

Crypto, cyber-attacks, and CBDCs: OneSpan releases global regulator report

The report found that more than half of banks reported challenges reducing cyberattacks, and nearly half of firms are concerned with safeguarding sensitive data and adapting to consumer privacy laws.

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Fintech
·Nov. 16, 2021

Credit card start-up Upgrade jumps 83% in valuation in just four months to $6.28 billion

Upgrade, the fintech start-up that turns credit card balances into installment loans, has closed a fundraising round that values the...
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Fintech
·Nov. 16, 2021

How Marcus by Goldman Sachs’ pairs direct products with strong partnerships

In 2019, Marcus announced one of the biggest partnerships in the fintech space when it collaborated with Apple to introduce a consumer credit card, the Apple Card. More recently, it bought BNPL provider GreenSky, giving Marcus not only its flexible payments option but also direct access to its...
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Fintech
·Nov. 16, 2021

Upstart announces small-dollar lending product for banks and credit unions

Upstart, a San Mateo-based fintech that partners with banks and credit unions to offer installment and auto loans, announced plans to offer a bank-ready small-dollar loan product, according to Upstart's Q3 earnings call.
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Fintech
·Nov. 16, 2021

N26 cuts short its American Dream

The news comes just over two years after N26 first announced it was set to launch in the US.
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Fintech
·Nov. 16, 2021

Republicans on House Financial Services Committee Distribute Principles for Central Bank Digital Currency

Central Bank Digital Currency (CBDC) is a hot policy topic in the US as well as the rest of the world. Many developed countries are reviewing the potential as well as the potential pitfalls for a CBDC. China is already testing a digital yuan live
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Fintech
·Nov. 16, 2021

Tech startup FairPlay aims to root out lending bias with AI

The company’s software analyzes banks’ loan programs and rejections for signs of discrimination.
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Fintech
·Nov. 16, 2021

Infrastructure bill’s crypto tax provisions to be signed into law—and 5 other crypto updates you should know

Last week, the cryptocurrency market briefly surpassed $3 trillion as the top digital coins rallied. Bitcoin and ether both hit...
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Fintech
·Nov. 16, 2021

Americans’ Shadow Financial Lives: Why Banks Don’t Know Jack (Or Jill)

It’s not uncommon for today's Gen Zers and Millennials to do business with 30 to 40 financial providers. The irony and new reality of this: In our quest for more convenience in our financial lives, our financial lives have become more complex to manage.
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Fintech
·Nov. 16, 2021

From Swift to Sloth

I had a fascinating conversation the other day, and shouldn’t share it here but hey, it’s my blog. I was talking about my understanding of SWIFT and how Yawar Shah, Chair of the Association, is killing it. I must admit, it had not occurred to me re the politics of …
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