For the unbanked and underbanked, BaaS means easy access to financial services that meet their specific needs. By combining fintech's approach with the capabilities of traditional banks, BaaS fosters financial inclusion.
The world's largest asset manager continues to embrace crypto.
Yesterday, it was revealed (here is the SEC filing) that BlackRock has created a fund called the BlackRock USD Institutional Digital Liquidity Fund that will be launched in partnership with Securitize.
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It’s impossible to escape a headline about generative AI these days, with many business leaders opining on its potential either to exponentially boost productivity or to destroy our workforce as we know it. Yet too few thought leaders have pointed to how generative AI can be harnessed to support everyday people in their journey to financial independence – especially the millions of Americans currently living paycheck to paycheck in an unusually shaky economy.
BNPL is showing no signs of slowing down. Consumers love this fintech innovation and now everyone seems to want in on the action.
Despite regulatory concerns banking-as-a-service continues to grow in popularity. Here are three tips for any business considering going the BaaS route.
When I first chatted with Mike Cagney back in 2011, when he was CEO of SoFi, it was clear he had big goals.
His second act in fintech, Figure, quickly became a leader in home equity lending with all loans originated and processed through blockchain technology.
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Companies like Hummingbird and Babel Street are successfully applying new technologies to improve the efficiency of long-cumbersome aspects of compliance.
TransUnion, one of the big three credit bureaus, has launched a new data analytics platform called OneTru.
The new platform will offer banks and fintechs AI and ML tools for addressing a variety of credit, anti-fraud and marketing needs.
Could AI have prevented the SVB crisis? Maybe not completely, but consumer sentiment analysis could have dramatically reduced its impact.
Fintech Nexus Newsletter (March 14, 2024): Two fintechs are thriving one year on from the SVB crisis
This week marks one year since many fintechs thought their world was ending.
Almost every venture-backed fintech company banked with Silicon Valley Bank and for three harrowing days last March, many wondered if all their non-FDIC-insured money sitting at Silicon Valley Bank would be safe.