While customers are still looking to “take control” of their finances, they are turning towards apps that help them actively engage. (What use is knowing that I routinely spend hundreds on something if I don’t know the other options?)
Personalization, AI, and Open Finance may all be poised perfectly to feed into this evolution.
The shutdown of Mint offers lessons to Credit Karma—as well as to banks—on what consumers really value and what they’re willing to pay for.
FROM FINTECH NEXUS
Rough Time Ahead for VC Funding in Fintech By Isabelle Castro Margaroli This year has seen new lows for VC funding. While some success stories have emerged, the path may continue into 2024. Comprehensive Trustwave report shares threats to financial services By Tony Zerucha A new report from Trustwave SpiderLabs provides a rich description of the myriad of threats facing financial services companies. 2023 Financial Services Sector Threat Landscape covers prominent threat actors and tactics, breaks down the financial services attack flow into steps, and covers several common hacker entry points.
USA: U.S. Treasuries Spearhead Tokenization BoomDriven by favorable macro conditions and increased willingness among traders to dive into real-world assets, the market for tokenized debt is flying. Jeff Wilser reports for Trading Week.
Isabelle is a journalist for Fintech Nexus News and leads the Fintech Coffee Break podcast.
Isabelle's interest in fintech comes from a yearning to understand society's rapid digitalization and its potential, a topic she has often addressed during her academic pursuits and journalistic career.