One of the UK’s hottest startups in the digital banking space is now bring their technology to the U.S. banking...
Tradeshift Pay is a new end to end cloud based platform for supply chain payments, supply chain finance and blockchain...
UK listed information and analytics group Relx bought online ID verification company ThreatMetrix for more than $800mn; the move will help to beef up Relx’s LexisNexis Risk Solutions unit; ThreatMetrix has built a database of 1.4bn unique online digital identities in more than 180 countries; Mark Kelsey, the head of Relx’s risk and business analytics division, tell the FT, “Bringing ThreatMetrix together with our own strengths in physical identity attributes will give our clients across all forms of commerce and geographies a more reliable, comprehensive approach to fraud and identity risk management.” Source.
Tom Blomfield started Monzo over five years ago and has now decided to step down as CEO; he will now...
American Express is looking to use the same style data that has made PayPal and Square so successful in small business lending; Gina Taylor Cotter, senior vice president and general manager of global commercial financing at American Express. tells American Banker,“We have done some research on this and we are trusted providers, so this puts us neatly between banks that may have a longer application process and the online lenders who are fast, but maybe a bit more expensive." Source.
Many consumers today believe their financial lives are complex and it’s easy to get caught up in finance topics which...
Grameen America wants banks and social impact investors to help fuel a doubling of their loan portfolio in the next 5 years; most of the new money to lend will come from their inaugural Small Business Fund and the remaining amount is where they will turn to banks and social impact investors; “It's a way to appeal to impact investors who are interested in this kind of concept as opposed to pure philanthropy,” says David Gough, CFO, to American Banker when talking about the company’s shift to impact investors to fuel growth. Source.
Kristen Berman is a behavioral scientist who is working with fintech companies to improve their product offerings; we have never...
The new instant transfer is made possible through a partnership with JP Morgan Chase which allows PayPal to access the...
Fintech has been struggling with a lack of diversity since its inception; we are quickly moving beyond mere statements about...