The fintech industry has come a long way in a short period of time. While financial technology has been around...
Yesterday, Bloomberg broke the story that two senior Goldman Sachs executives were leaving to work on the new Walmart fintech...
Ning Tang, CreditEase CEO and founder, spoke on financial inclusion and global fintech cooperation at the APEC CEO Summit 2016; as a participant on the "Innovation Economy" panel, Mr. Tang discussed the need for collaboration between businesses and government in order to facilitate innovation and economic development. Source
Fintechs have touted the importance of cashflow data in underwriting. This week, the CFPB published their evidence to support the approach.
Industries across the country are getting a much needed reminder about their lack of progress when it comes to diversity;...
Challenger bank Masthaven receives £60m investment Postal Banking Is Back — On Democratic Party Platforms — But Is It Viable?...
In episode 36 I talk with Jordan Wright of Atomic Financial, the trusted way for people to connect their payroll accounts to an app.
Opportunity Fund is a nonprofit small business lender and Accion US Network leads a nationwide network of community lenders. Opportunity...
Low wage workers have always had a difficult set of expensive options when they try to cash their paychecks; bank accounts are costly because they cannot maintain certain balances and check cashing shops are not exactly cheap; WiseWage, a North Carolina based non profit is looking to offer another option; the company has struck partnerships with Regions Bank and Varo Money, among others, to offer a lower cost direct deposit; the prepaid cards have set fees which can be waived if enough is loaded each month; the program is meant as a test to see if they can enlist those who have dropped out of the financial system because of a lack of options. Source.
One of the major themes throughout the two-day event was financial inclusion and how technology can accelerate that.