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Fintech

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. 10, 2022

Fintech innovation agenda likely to continue in Brazil despite government change

Fintech innovation agenda in Brazil could prevail in the upcoming years, even as recent elections herald change at the country's top office.
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Fintech
·Nov. 19, 2021

Santander apunta a no bancarizados mexicanos con Superdigital

Superdigital sacó su licencia para expandirse en México. PrimeTime también logró el visto bueno de la CNBV, que está poniendo lupa sobre los solicitantes
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EuropeFintechNews Roundup
·May. 1, 2019

Chancellor Philip Hammond Launches Fintech Alliance

While speaking at Innovate Finance Chancellor Philip Hammond launched the Fintech Alliance, a new platform to provide access to people,...
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Fintech
·Aug. 8, 2022

Revolut On Crypto Hiring Spree: Report

Neobank Revolut is on a crypto hiring spree, according to a report by Bloomberg.While many firms, and Fintechs specifically, a cutting headcount or slowing...
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FintechNews RoundupUSA
·Jan. 24, 2020

Ripple May Seek an IPO Within 12 Months

Speaking in Davos at the World Economic Forum, the CEO of Ripple, Brad Garlinghouse, shared that an IPO would be...
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FintechNews RoundupUSA
·Apr. 4, 2019

Jamie Dimon’s Shareholder Letter Shares Thoughts on Digital Transformation and Fintech

Dimon noted that new customers can open a new deposit account in less than five minutes and that the bank...
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FintechNews RoundupUSA
·Feb. 27, 2019

Walmart Partners with Affirm on Point of Sale Loans

The largest retailer in the U.S. has partnered with fintech Affirm to offer customers point of sale loans at 4,000...
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FintechNews RoundupUSA
·Oct. 6, 2017

Bank Employees Scared of Losing Jobs to Regtech

As more banks start utilizing new technologies like artificial intelligence and blockchain current employees are beginning to worry about their future; Lyn Hall-Fore, U.S. director of BSA/AML compliance tells American Banker, “We told them, this is to make your job easier and better and give you more capacity to think, but still meet your production quotas”; finding the right balance will be a struggle as banks continue to innovate. Source

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Lending
·May. 31, 2024

Tricolor’s plan to serve Hispanics, an emerging economic force

Hispanics are an emerging American economic force, and Tricolor founder and CEO Daniel Chu has a plan to serve them.
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