American Banker shares several blockchain projects underway in financial services; Includes JPMorgan Chase’s open source ledger Quoram and initiatives from Northern Trust, ING and the DTCC; while there is a lot of interest in blockchain technology many initiatives aren’t in production; various perspectives are shared in the piece as to why adoption hasn’t taken off. Source
Across the world there are many success stories of small startups becoming large fintech companies in a variety of areas;...
Kabbage's study shows the increased usage of mobile devices for loan applications. Source
It has been fascinating to watch both the banks and fintechs react to the coronavirus; many fintechs have created side...
According to the index, fintech adoption among consumers has almost doubled over the last 18 months; 64% of digitally-active consumers...
At Fintech Nexus' Merge 2022 event, the future of DeFi and DAOs was discussed. Lex Sokolin believes it is time for a new economy to be born.
Business Insider reports on the success of Bank of America’s investment in digital channels; reports that they added about 2 million users to digital channels, predominantly to mobile; mobile channel usage rose 34% year over year; article also compares active mobile users across competing banks Wells Fargo and JP Morgan. Source
COVID-19 is leading to a 72% rise in the use of fintech apps in Europe according to the deVere Group;...
When I first started working for Lend Academy and LendIt I saw the massive opportunity for fintech companies to change...
The economy has faced waves of challenges and fintech may be feeling the strain. Plaid investigated customer behaviour within the sector.