CIOs from regional and community banks around the country are focused on helping employees transition to working from home; yet...
The European Central Bank (ECB) is considering additional capital buffers to banks looking to incorporate fintech; the regulator says adding fintech to the bank will increase the potential for a volatile client base and the untested products will need a lot of capital; this is part of the recent draft licensing guidelines released by the ECB. Source.
Artificial intelligence is one of the hottest topics in fintech today; while we often hear of AI replacing humans, companies...
Remitly is best known for their money transfer service but is now launching Passbook, a bank for immigrants that don’t...
With apologies to Marc Andreesson who famously said several years ago that software is eating the world, I think that...
[Update March 14, 2014: Wells Fargo decided to reverse this ban on employee involvement in p2p lending.] Really interesting news...
The European Union’s General Data Protection Regulation (GDPR) is beginning to give community bankers in the US headaches; the law applies to all companies processing and holding data of people who reside in the EU; if a EU citizen visits your website you could be subject to the law; community banks are starting to enlist legal help to better understand how they can protect themselves from steep penalties. Source.
Zor Gorelov is the CEO and Co-Founder of Kasisto; in our latest podcast he talks about conversational AI and how...
Penta is a German based fintech company that is looking to improve business banking with their Compass platform; Penta is streamlining the process to allow founders the ability to open up an account in less than 15 minutes; further features will be added in the coming months to assist founders with other registration and legal issues related to starting a small business. Source
Happy New Year everyone. As I do every year at this time I make a few predictions for the year...