Fintechs helped banks step up during both rounds of PPP and now a group of fintech firms are helping to...
The Securities and Exchange Commission announced Friday it rejected a bitcoin exchange-traded fund run by VanEck that would have directly...
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
El neobanco lanza una campaña para fomentar la contratación de sus carteras indexadas, disponibles desde 150 euros...
The new initiative is called Flourish, a vc firm to back startups focusing on financial inclusion; this is Omidyar’s third...
Validis simplifies the lending process to SMEs; Validis offers a solution that connects directly to SME accounting packages and allows businesses to share their information directly with lenders; they also have built fraud detection tools that analyze the information to spot anomalies, discrepancies and mistakes; the Validis ’Quality Score’ algorithm allows lenders to monitor the financial health of their borrowers. Source
This week Isabelle sat down with Hummingbird's Joe Robinson to talk about. the development of GenerativeAI and ChatGPT.
Empowering Consumers through Financial Data Control and Permissioning Santander InnoVentures appoints senior adviser to strengthen Silicon Valley foothold Will banks...
The Venture Capital industry has seen some early signs of positive change when it comes to gender discrimination and diversity; though some still believe there is no issue and that they cannot do anything to effect change; brave women like Ellen Pao and Susan Fowler have helped others to share their stories and men in power have been forced to leave and policies at firms have changed; you are starting to see VC’s hire more women and require companies they fund to show diversity among their executive ranks; there is still a ways to go for VC’s and Silicon Valley overall, though change is happening. Source.
Meta Financial Group formed a partnership to provide personal loans to customers of NY based Liberty Lending; Meta said they will look to originate between $500mn to $1bn of personal loans during the three year partnership; “We are excited to partner with a respected and growing brand in online lending, and look forward to working together to deliver best in class loan products to consumers,” Brent Turner, Meta's head of consumer lending, said in a press release reported by American Banker. Source.