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Fintech

Fintech
·Nov. 3, 2021

WU to Launch Digital Bank Pilot by Year’s End | PYMNTS.com

Western Union Company touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results. The bank should launch this year.
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Fintech
·Nov. 2, 2021

Global Fintech Funding for 2021 on Track to Cross $120 Billion

Fintech funding smashes records, raising $31.1 billion across 1,185 deals in Q3 as record adoption fueled the investor flywheel.
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Fintech
·Nov. 2, 2021

Chainalysis Shares Blockchain Analysis Mistakes that Impede Crypto Investigations

The inherent transparency of blockchains or distributed ledger tech (DLT) networks makes crypto-related investigations a lot easier for law enforcement agencies, when compared to financial investigations involving fiat currency. Blockchains or DLT networks serve as a permanent, publicly viewable ledger of almost all crypto transfers,
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Fintech
·Nov. 2, 2021

Railsbank unveils new ’embedded finance’ strategy

Digital banking services provider Railsbank is betting on ‘experiences’ being the gateway to a boom in brands embedding financial services.
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Fintech
·Nov. 2, 2021

Rocket Mortgage aims to expedite mortgage services to local banks and credit unions

Mortgage lending titan Rocket Mortgage is bringing its tech straight to financial institutions. The lender announced Friday a partnership with Salesforce to deliver Rocket's mortgage origination capabilities directly to banks, credit unions and other FIs through Salesforce Financial Services Cloud.
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Fintech
·Nov. 2, 2021

SoftBank leads $93 mln investment in NFT gaming firm the Sandbox

The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftBank’s Vision Fund 2, the company told Reuters on Monday.
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Fintech
·Nov. 2, 2021

Why challenger banks find it hard to challenge

I was thinking about this article in The Telegraph saying what a rotten job supermarkets have made of competing with banks. Tesco sold its mortgage book to Lloyds two years ago owing to “challenging market conditions” and is now closing all personal current accounts. Marks & Spencer this year decided to …
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Fintech
·Nov. 2, 2021

New York expands CRA requirements to nonbank mortgage lenders

The state joins Illinois and Massachusetts in subjecting nondepository companies to state-level Community Reinvestment Act requirements.
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Fintech
·Nov. 2, 2021

The Secrets to Serving the Unbanked Profitably

Digital isn't the only solution to serving the unbanked. One key is to not treat this challenging 'segment' as a segment at all.
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Fintech
·Nov. 2, 2021

Decentraland mana cryptocurrency rallies after Facebook name change

Little-known cryptocurrency mana surged to an all-time high over the weekend amid excitement over Facebook changing its name to Meta.
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