Fintechs lose 50% of new accounts within the first year, according to Digital Onboarding SVP Adam Westley: Money walks right out the door.
Adding another card to their deck of financial products, Apple has launched a high yield savings account that trumps the national average.
The economy has faced waves of challenges and fintech may be feeling the strain. Plaid investigated customer behaviour within the sector.
The firm is calling it the Plaid Portal and not explicitly tying the launch with a privacy settlement the firm reached on Friday, but the timing is close enough to call.
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“It’s a time of high demand for human augmentation in the accounting sector… around 75% of the US accounting workforce...
Steps are being made to close the gender divide in fintech, but lack of access to funding can be crippling to female-led firms.
More positive signs for fintech as spend management unicorn Ramp closed another large funding round.
The $150 million was officially called a Series D extension, but it comes at a $7.65 billion valuation, a significant improvement over the $300 million raised for the initial Series D, which was at $5.8 billion.
Intain team ran an audit of their platform, a blockchain structured finance ledger, and found $3.75 billion in assets live on the database.
Armed with new funding, the company’s AI agents aim to help smaller banks compete around compliance There’s an increasing need...
A fiat-to-payments-and-back app is needed for cryptocurrency to fulfill its original backers' vision and provide real-world utility.