Much has been written about the looming end to the Apple-Goldman Sachs relationship (we even produced a cartoon about it). And while this is a big deal for Goldman and Apple, the average Apple Card holder likely does not give it a second thought.
Neobank Inter in Brazil has recently reached 30 million customers. Exclusive Q&A interview with CEO João Vitor Menin to discuss strategy.
Yesterday, the OCC issued new guidance for banks, addressing the risks of buy now pay later lending. The guidance focused on the popular "pay in 4" segment of BNPL. Not surprisingly, the national bank regulator recommended tight oversight of third-party servicers, the importance of transparent loan terms and fraud mitigation.
House Financial Services Committee Chairman Patrick McHenry (R-NC) announced yesterday that he will not be seeking reelection to the North Carolina seat he has held for almost 20 years. Over the years whether serving as the Committee Chairman or as the Ranking Member, he has been a tireless champion for financial innovation on the House Financial Services Committee.
After a sharp lending slowdown in 2022, fintechs in Latin America gear up for credit growth next year as rate pressures fade out.
ChatGPT launched a year ago and the tech world will never be the same. The New York Times has an in-depth look at the impact of this revolutionary new product, focusing on big tech. It is interesting to me that one of the greatest tech launches of the past decade came not from a big tech company but from an AI startup that was not even seven years old and was set up as a non-profit research lab.
Embedded payroll provider check has announced three new tools to make it easier for SaaS companies or any software platform to offer their own payroll service.
In the kickoff to the Holiday shopping season, consumers are spending, with retail sales up 1.1% and e-commerce sales up 8.5% according to Mastercard SpendingPulse.