The FDIC's recent enforcement action against Thread Bank signifies a pivotal moment in the intertwining worlds of traditional banking and FinTech. As regulators ramp up scrutiny on third-party relationships, particularly through Banking-as-a-Service (BaaS) and Loan-as-a-Service (LaaS)
Bloomberg has recently unveiled a suite of innovative tools designed to help investors integrate Environmental, Social, and Governance (ESG) characteristics into their investment portfolios, all within its existing portfolio and risk analytics solutions, PORT and PORT Enterprise. As the financial
Climate risks are becoming an increasingly critical concern for financial institutions and real estate investors. As the reality of climate change manifests through more frequent and severe weather patterns, the need for precise and actionable climate risk assessments has surged. Companies like
KPMG has introduced an innovative digital platform called Clear on Climate Reporting to assist companies in navigating the complex landscape of climate-related financial disclosures. This launch responds to the increasing pressure on businesses to transparently report the financial impacts of
In the rapidly evolving field of personal finance, innovations are continually reshaping how investors engage with their finances. One such area of innovation is Behavioral Engagement Technology, which leverages principles of behavioral finance, data science, and AI. This article delves into how
Equity Data Science, Inc. (EDS) and Canopy Investors have recently embarked on a significant collaboration designed to optimize Canopy Investors’ investment processes. Leveraging EDS’s innovative investment process management (IPM) software, Canopy Investors is positioning itself to enhance its res
Digital wallets have become a cornerstone of financial transactions in the United Kingdom. Tools like Apple Pay, Google Pay, and PayPal are now used by more than half of the UK's adult population, signifying a substantial shift toward digital and contactless payment methods. This technological
In a significant development for the fleet payment solutions industry, Coast, a New York-based company, has recently secured a substantial $40 million investment in its Series B funding round. This financial boost was led by ICONIQ Growth and saw contributions from existing investors Accel, Insight
Bespoke Partners, the largest retained executive search and leadership advisory service firm for software companies, is making strategic strides by expanding its services to include the financial technology (fintech) sector. This move is set to bring substantial changes to leadership dynamics
The Consumer Financial Protection Bureau (CFPB), under the astute leadership of Director Rohit Chopra, has intensified its efforts to regulate the burgeoning fintech landscape. As the fintech industry evolves, so do its complexities, presenting new challenges for consumer protection and fair market
