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Fintech

·Nov. 1, 2021

Digital Lending Software Provider Blend Introduces Income Verification Feature

Digital lending software provider Blend (NYSE:BLND) notes that the way people work — and earn money — is quite different than it was in the past. However, income verification solutions haven’t been able to catch up with the latest developments, the Fintech firm claims. As

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Fintech

·Nov. 1, 2021

Stablecoins Won’t Be So Stable, and That’s Fine

Stablecoins have gone from an obscure corner of crypto to near the center of it. Major institutions, such as Mastercard, are now trying to create alternate payment networks based on stablecoin and crypto.

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Fintech

·Nov. 1, 2021

Goldman Sachs is giving hedge fund clients crypto research from data firm The Block

The move by Goldman is a sign of increased demand from large investors for information and analysis about cryptocurrencies and related fields like DeFi.

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Fintech

·Nov. 1, 2021

Bank of America reinforces fraud prevention with latest product

Prior to initiating an electronic payment, a BofA client using the service can verify the status of an account and authenticate its owner.

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Fintech

·Nov. 1, 2021

Not a charity: How neobanks First Boulevard, Greenwood tackle wealth bias

"This is a bank. We're here to empower Black America, but why are you assuming that that means we're helping poor people?" First Boulevard COO Asya Bradley said this week at Money20/20 in Las Vegas.

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Fintech

·Oct. 29, 2021

Fintech earnings begin before Halloween

On Thursday, online lender Enova International posted a $52 million profit on $320 million in revenue, up 57% from the same time last year. In addition, total originations increased 26% sequentially to a record $856 million. Despite the good news, the stock saw only a 4% rise before falling back toward its downward trend this month.

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Fintech

·Oct. 29, 2021

Brazilian insurtech Justos raises a $35M Series A

The company uses AI to make a better assessment of insurance policies and have faster claims processes.

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Fintech

·Oct. 29, 2021

BBVA and 500 Global to Identify High-Potential Startups for Financial Services

BBVA and 500 Global have entered an agreement for 500 Global to implement an Intelligence Platform that would support BBVA’s ability to 'identify new startups, technologies and emerging trends with the potential to impact the future of the most innovative industries, and by extension, the

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Fintech

·Oct. 29, 2021

Big Techs pagarían a entidades financieras para acceder a información de usuarios

Más de 2,200 entidades estarían obligadas a compartir datos; se prevé cobro de contraprestaciones.

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Fintech

·Oct. 29, 2021

Torpago Raises $77 Million, Valued at Over $1 Billion

Torpago, spend and expense management Fintech, has raised $77 million claiming a valuation of over $1 billion. In a release, Torpago said it raised $2 million in seed funding and a warehouse of $75 million to support the expansion of its platform. The funding round

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