CFPB Chair Rohit Chopra refused to speak directly to Capital One and Discover, but said he was thinking about “large issuers . . . that compete in a number” of niche credit card markets. Wink wink, nudge nudge.
Read MoreFor fintechs: What does it mean if a behemoth like Goldman Sachs can’t handle consumer-focused banking and wealth management services simultaneously?
Read MoreThe FR met with Cooper Thompson, Head of Product for Embedded Finance at Fiserv.
Read MoreFrom Carey Ransom: In Part I, I described what might be motivating the pivot and some key questions to consider. Now we’ll proceed in Part II with the assumption that enough answers have led to a pivot being a plausible idea. There will be a number of changes that the startup will need to make to successfully execute the pivot. Here we go!
Read MoreThe FR met with Srikanth Geedipalli, SVP of AI Product Management and Commercialization at Experian
Read MoreFrom Matt Ober: AI is feeling very similar to the cloud rush many years ago. At first, AI is a differentiator for companies, but eventually it becomes table stakes.
Read MoreIn an interview with The Financial Revolutionist, Margaret Weichert, Chief Product Officer of The Clearing House, suggests that RTP volume growth will only accelerate, centered around five B2B and B2C use cases that may help RTP outperform FedNow over the long run.
Read MoreThe FR met with Nikki Cross, Senior Director of Data Science Solutions at Nova Credit
Read MoreFrom Carey Ransom: Recently, we’ve seen a number of consumer fintech startups pivot from going directly to consumers to trying to sell to banks or through them to reach consumers—or, as we would say, from B2C to B2B2C. Can it work as a better strategy and business, or is it desperation?
Read MoreMany DeFi consumers engage in the space due to its pseudonymous capabilities; that becomes nearly impossible when social security numbers and other identifiers enter the mix, and when DeFi platforms have to adjust for record-keeping and reporting requirements.
Read MoreFrom Alex Lazarow: I can’t believe it’s been a year since the SVB collapse and the banking crisis. What has changed? What have we learned?
Read MoreFrom Sarah Biller: Could the adoption of generative AI by financial services ironically drive a new period of information asymmetry in the markets and, by doing so, open another frontier for fintech innovation?
Read MoreThe FR met with Jess Turner, EVP – Global Head of Open Banking and API at Mastercard.
Read MoreThe CFPB—at least in its current form—may attempt to rally public opinion around its idea of digital wallets and their underlying risks.
Read MoreRipple is positioning itself as a bulwark against regulatory encroachment, with its legal future indistinguishable from the sector’s.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
