Fintech startup StreetShares, who lends to military veterans, plans to launch a new business credit card for the same community;...
Financial reform is an uncertain topic for the fintech industry; Digiday talked with attendees at LendIt USA about their thoughts on the Trump administration's proposed regulatory reform; generally, participants reported that they believe the reform could increase interest from banks in partnering with fintech companies since deregulation gives them more flexibility for credit product expansion. Source
2020 is off to a fast start when it comes to fintech financings and M&A deals as the past week...
American Express started making the slow transition a few years ago to cloud computing but the pandemic forced wide adoption...
BioCatch is a behavioral biometrics company that uses machine learning and artificial intelligence to combat fraud; the company monitors over 5 billion transactions per month and focuses on detection through behavior as opposed to endpoint security; the round was led by Maverick Ventures; American Express Ventures, NexStar Partners, Kreos Capital, CreditEase, OurCrowd, JANVEST Capital and other existing investors also participated in the round. Source
New York Fed’s Center for Microeconomic Data recently released their quarterly report on household debt and credit; in Q4, household...
When Square initially filed for an ILC charter there were many in fintech who though the payments firm was doomed...
The shared platform uses distributed ledger technology and focuses on domestic and cross-border commerce; the consortium of banks includes Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale, UniCredit Banco Santander; you can use the platform from any connected device for managing, tracking and securing trade transactions. Source.
Forbes shares the story of Vishal Garg who took his first startup public at the age of 26; he has...
Bitcoin has seen a resurgence in 2019 with the value of the digital currency skyrocketing to over $8,000; the rally...