Fintech
Latest news, analysis, and updates in fintech.
Kiwi Clawback Trapped By Rising Dollar's Grip
The New Zealand dollar's recovery is stalling, caught between short-term risk-on hopes and the overwhelming gravitational pull of a firming US dollar ahead of t
Ventures Platform Raises $83M as Africa VCs Double Down
Ventures Platform secured $83 million for its second Africa fund, deploying capital beyond Nigeria into Kenya and Egypt as investors demand sharper returns and
Florida Bank Gazumps Wall Street Giants in Wealth War
Cogent Bank hired a top fiduciary officer to launch a trust division, aiming to capture Florida's explosive wealth growth and lock in clients before national gi
230 Banks Paying to Keep nCino AI Agents Running
nCino's AI agents moved from trials to core operations, with over 230 banks now paying for them after exhausting their initial credits.
Colorado Outlaws Banks' Secret Algorithmic Denials
Colorado's amended AI law compels banks using automated systems for credit and account decisions to explain their logic and accept consumer appeals, moving beyo
Payment Method Decides Where 65% of U.S. Shoppers Spend
Accepting a customer's preferred payment method is now a major competitive factor for merchants, with 65% of U.S. shoppers saying it decides where they'll buy.
BitMart Reverses Shutdown In Dramatic Survival Bid
Weeks after announcing a total closure, BitMart is attempting a corporate U-turn, drafting a last-minute restructuring plan to avoid liquidation.
Experian Slings Credit Scores Straight Into ChatGPT
Experian now lets UK users access their personal credit score directly within ChatGPT, collapsing the traditional app-based process into a simple chat.
Credit Unions Wage Fraud War on Own Members
Velera is arming credit unions with a new framework to investigate and manage a growing crisis where legitimate account holders are manipulated by scammers or a
US National Debt Awakens at $40 Trillion, Squeezes Economy
The US national debt has reached $40 trillion, a marker it hit just five months after $39 trillion, and is now a primary driver behind higher mortgage rates and
What banks can learn from Oriental Bank's top performance
Oriental Bank, a Puerto Rican institution, climbed to become the #5 top-performing U.S. bank by focusing relentlessly on its local market and digital services,
CFTC Chief Vows to Seize Cryptocurrency Rulebook
The CFTC is preparing to act as a de facto crypto regulator, moving to write its own rules for exchanges and DeFi if Congress fails to pass the stalled CLARITY