One-on-one networking opportunities are a bread-and-butter highlight for many past attendees at Fintech Nexus USA.
Increasingly consumers want solutions to their money challenges and they don't care if it comes from a bank, a fintech or some combination.
American Banker reports on the increasing number of financial services companies and groups using the federal court system to oppose regulatory enforcement orders and new initiatives; the Conference of State Bank Supervisors is the most recent case as the group seeks to debate the OCC's fintech charter; the CFPB has also been a notable defendant with opposition from Ocwen Financial and PHH Corp.; other cases have included MetLife and the American Bankers Association; according to H. Rodgin Cohen, chairman of Sullivan & Cromwell, "There's an increased willingness to litigate," and it seems the trend is likely to continue with industry changes resulting in new challenges and consequences. Source
Fintech startup LendStreet helps consumers who become over leveraged and cannot handle the debt load they have acquired; it negotiates...
Metamask shares their official guide on what investors should expect when participating in a token sale for the first time; provides tips to ensure understanding of the projects, prerequisites to participate and how to avoid fraud. Source
HSBC has shared insight from the development of its HSBC SmartSave app which it developed within the Financial Conduct Authority's Regulatory Sandbox initiative in partnership with Pariti; the app provides personal finance management services using algorithms and four customer plans; overall the app has proved successful, saving customers 63.17 British pounds ($78.80) per month; of the four service plans HSBC reported "Rounding Up" to be the most popular, allowing customers to round up purchases to save spare change on transactions. Source
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.
One of the benefits for a small business opting for a loan with an online lender is the speed in...
Lighter Capital provides funding for growing businesses with a revenue-based financing model; their borrowers repay the loans out of future...
The Co-Founder and Managing Partner of Community Investment Management talks impact investing and the role it can play during the...