Fintechs lose 50% of new accounts within the first year, according to Digital Onboarding SVP Adam Westley: Money walks right out the door.
Brazilian fintech Ebanx expects to double its business in the Mexican market for a second year in a row in 2022 as it pushes further into Latin America's No. 2 economy, the company's co-founder told Reuters.
Little-known cryptocurrency mana surged to an all-time high over the weekend amid excitement over Facebook changing its name to Meta.
Credit Suisse and Instinet have recently started to settle US stock trades on a distributed ledger from Paxos Trust; this...
A joint letter with Sen. Tina Smith and Sen.Elizabeth Warren calls Fidelity’s plans “immensely troubling.”...
Hong Kong Fintech Week began with an announcement from SuperCharger Fintech Accelerator of eight finalists; the companies provide a range of services including solutions for wealth management, regulatory technology, artificial intelligence, cybersecurity and blockchain; the eight companies will participate in a 12-week program which includes access to SuperChargers corporate partners and mentors. Source
Pagaya is an asset manager based in New York; they announced that they have received $75 million in debt financing from Citi; the funds will be used for its Opportunity Fund to invest in loans by online lenders such as Prosper and LendingClub; the company uses machine learning to determine loans worthy of investment. Source
Cambridge announced a joint research effort between the Cambridge Center for Alternative Finance and 16 private sector leaders.
Banks are dealing with a myriad of issues trying to service customers during the pandemic with less staff and less...
Tech stocks are going to keep on rising thanks to a number of emerging technologies, according to Cyrus Mewawalla, head of thematic research at GlobalData.