January 4, 2024
Via: Blockchain NewsThe United States witnessed a significant surge in bankruptcy filings in 2023, with an overall increase of 18%, according to Reuters. This upswing has been largely attributed to the confluence of several economic factors, primarily post-pandemic economic changes and rising […]
January 3, 2024
Via: The Fintech TimesThe CFPB proposed a change on personal financial data rights implementing Section 1033 of the Dodd-Frank Act. It has stated that it aims to finalise the rule in 2024, formally establishing consumers’ right to control and securely share their financial […]
December 20, 2023
Via: FinTech FuturesThe launch of the app comes after the three-way partnership between the Bahrain-based financial institution, the open API banking solution provider and the digital web development agency was first announced back in August 2022. BCFC says Sahel will enable its […]
December 20, 2023
Via: FinTech FuturesWith the end of 2023 on the horizon, FinTech Futures takes a look back over a year full of highs, lows, innovations, challenges, and transformative moments across the fintech landscape, featuring insights from the likes of JP Morgan Chase, Citi, […]
December 19, 2023
Via: Fintech NewsAlthough overall satisfaction with national banks slightly improved 5 points (on a 1,000-point scale) to 653 in 2023 from 648 in 2022, higher deposit interest rates at other financial institutions are driving customers to investment/wealth management and internet-only financial services […]
December 18, 2023
Via: FinTech FuturesThrough the partnership, InvesTex Credit Union says all its members will have access to Bankjoy’s digital banking platform, armed with a suite of digital and mobile banking features including online account opening and integrated loan applications. Bankjoy says its platform […]
December 18, 2023
Via: FinTech FuturesFounded in 1910, the family-owned bank provides commercial, retail and business banking services across the states of Missouri, California and Illinois, while also offering mortgage services in Kansas. It is now leveraging its partnership with Backbase, a Dutch provider of […]
December 15, 2023
Via: FinTech FuturesUK-based fintech SumUp has secured €285 million (around $307 million) in fresh funding as the company looks to pursue international growth opportunities and broaden its suite of payment services for SMEs. The company’s latest capital raise was led by Sixth […]
December 14, 2023
Via: FinTech FuturesThrough a multi-year partnership, US Eagle FCU will make use of Lumin Digital’s cloud-based digital banking infrastructure, which includes features such as savings plans, financial guidance, personalised spending insights and real-time app updates. The new mobile app will enable individuals […]
December 12, 2023
Via: FinTech Futures2023 was a defining year for artificial intelligence, in particular generative AI (GenAI), which experienced a huge surge in popularity following the launch of ChatGPT in late 2022. As we move into 2024, Capgemini predicts AI will become “deeply rooted” […]
December 7, 2023
Via: The Fintech TimesThe programme showcases 40 trailblazing companies and 10 of the most trusted industry leaders across the fintech ecosystem. Companies in the 2024 cohort – the fifth edition – span from countries including Canada, Europe, the Middle East, the UK and […]
Banking Tech, Digital Lending and Credit
December 6, 2023
Via: Fintech NewsAccording to the U.S. Small Business Association, small businesses make up 99.9% of the nation’s business landscape. With such a large pool, one would expect that seamless access to financial services would be fairly easy to come by. But that […]
December 1, 2023
Via: FinTech FuturesNow in their 24th year, the awards acknowledge key developments in banking, finance, and technology. This year, we recognised a broad range of organisations, from established players to emerging fintech start-ups. The awards ceremony took place at the 5-star Royal […]
November 29, 2023
Via: FinTech FuturesThis month, Philip takes an in-depth look at GenAI in financial services. I’ve stayed away from writing a ‘state of play’ piece on generative artificial intelligence (GenAI) due to the sheer pace of change and my concern that any analytical […]
November 15, 2023
Via: FinTech FuturesBut for financial institutions of all sizes, there are key challenges and obstacles to success. What are these key challenges and obstacles and how are they overcome? Fintech Futures, with Moneythor, conducted a survey to identify key issues around new […]
Banking Tech, Digital Lending and Credit
November 13, 2023
Via: The Fintech TimesSpecifically, Klarna is expanding its self-service advertising platform, ‘Ads Manager’, in the UK and Sweden. This will enable better engagement between retailers and high-intent shoppers. Then across the pond, Klarna has made ‘Creator Shops’ live in the US, in turn […]
November 10, 2023
Via: The Fintech TimesInstant payments enable people to transfer money within ten seconds at any time of the day, including outside business hours, not only within the same country but also to another European Union member state. The new instant payment rules will […]
November 8, 2023
Via: FinTech FuturesAt this exclusive new event taking place in Blackfriars, London, you’ll get essential insights into the latest AI trends including generative AI, strategies and advancements, and what the future holds for the technology, and have the unique opportunity to connect […]
November 7, 2023
Via: CointelegraphThe United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]
October 27, 2023
Via: FinTech FuturesUK digital bank Monese is parting ways with Thought Machine three years after signing up for its Vault core banking platform, with the company instead implementing new core tech developed in-house by the company’s recently launched fintech subsidiary XYB. Monese […]