The report found that more than half of banks reported challenges reducing cyberattacks, and nearly half of firms are concerned with safeguarding sensitive data and adapting to consumer privacy laws.
Yieldstreet, a fintech that aims to give retail investors access to alternative investments, announced Friday that users would have access to a new fractional art investing platform called the Art Equity Fund.
This earnings season started strong but turned uneven this week. Even firms that showed outsized growth saw their stock prices...
The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.
Tomorrow, some of the top startups in Europe will go head to head. Our second group of semifinalists in Pitchit's Startup Summit competition will pitch their ideas live in front of a panel of fintech industry vets to compete for the gold prize.
There are more offerings today for kids and teens to get started managing their finances.
This week saw three fintech firms representing payments, debit, and credit post results. Although each saw momentous growth year over year, in some cases, it was not enough to outpace expectations after this bull run of a year for fintech.
The report found that the traditional playbook of developing branches and building relationships may count "for little in a world where a mobile phone is the principal' real estate', and word-of-mouth – often via social media – becomes the most powerful form of validation."
The paper, published by the President's Working Group on Financial Markets, argued that regulation must address defi money laundering and terrorism financing to create broader investor protection.
Powered by their $300-million fundraise over the summer, Fireblocks is looking to drive infrastructure efforts of digital banking and crypto companies as the industry is poised for explosive growth.