CB Insights has provided a market map of artificial intelligence (AI) companies in fintech; the map is grouped by nine categories; top companies using innovative AI solutions for credit scoring and direct lending include Affirm and ZestFinance; the analysis also provides insight on each of the firm's investors. Source
Ernst & Young’s Sean Viergutz sat down with the TearSheet podcast to discuss their Open Banking Opportunity Index; the report...
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
Financial Technology Association Defends BNPL Platforms as CFPB Finishes Consultation.| Crowdfund Insider: Global Fintech News, including Crowdfunding,...
Writing an opinion piece on CoinDesk the Managing Director and CTO of the DTCC Rob Palatnick explores the progress of blockchain technology in finance; he says that while we are still in early days of implementation the industry has learned how important collaboration is to mitigate risk, enhance efficiencies and drive down cost; working together will help to avoid the many silos that exist today and allow for blockchain technology to reach its potential; he also looks at some of the recent consortiums and the work the DTCC has done so far in the space. Source.
Según datos de Colombia Fintech, entre 2020 y 2021, las instalaciones de este sector y la descarga de aplicaciones crecieron hasta 80%...
Mirato simplifies the third-party risk management process with its Industry Landscape Map placing vendors into the most relevant categories.
Some consumer protection initiatives, including those aimed at limiting overdraft charges and capping interchange fees, might have contributed to this lingering issue, a new Government Accountability Office report says.
Google, Amazon, Facebook and Apple (GAFA) have significant market share and a massive influence; given the needs and demands of consumers it seems likely their services will more broadly integrate fintech offerings in the near future; all four companies have taken some steps to offer financial services and industry analysts are watching them closely for new announcements. Source
The Alabama company continues to explore buyouts of add-on businesses, part of a strategy that has already helped recoup dollars lost as a result of reforms to its overdraft practices.