Discusses the political and legal context for development of the agency's initiatives; outlines the Project KISS and LabCFTC initiatives which were announced in May 2017; provides an overview of the objectives involved and includes details on Guidepoint and CFTC 2.0 which are important aspects of LabCFTC. Source
At a critical time of uncertainty for B2B businesses, Mazepay has been granted a license to make payments easier across Europe.
Mazepay is determined to make B2B payments as easy as B2C. At a critical time of uncertainty for B2B businesses, the Danish Financial Supervisory Authority has granted them a license to make it even easier.
In its annual banking report McKinsey & Co. said there is the potential for 40 percent of revenues that could be at risk by 2025 from firms like Amazon entering the space; Asheet Mehta, one of the authors of the McKinsey report, said in an interview reported by American Banker "E-commerce and tech giants are under pressure to keep increasing revenue, and financial services is a large pool they can go after. We're starting to see that." Source.
Mckinsey has released a new report on fintech; report focuses on seven changes in fintech that could affect the industry; factors include expanding scope, increasing diversity, improving collaboration, impending consolidation, normalizing valuations, shifting regulations and emerging ecosystems. Source
McKinsey warned Wirecard to take immediate action on controls in their largest business more than a year ago; the consultancy...
Most fintechs pride themselves on digital everything, including customer acquisition strategy. But Bankaya, a Mexico City-based financial services startup, is attributing its early traction on the opposite model — going after target customers in person. Founded in 2019 by CEO Mauricio Cordero, Ramón Chedraui and Diego Vargas, Bankaya launched one year ago and boasted 450,000...
Embedded lending provider, Momnt, won Fintech Nexus' 2023 PitchIt crown. Here's what swayed the judges vote.
At the finale of the keynote stage in NYC, debt-as-a-service firm Sivo won the pitch completion, a firm building 'rocket fuel' for lenders.
At the finale of the keynote stage in NYC, debt-as-a-service firm Sivo won the pitch completion, a firm building 'rocket fuel' for lenders.