Tech and the Savings Crisis

Tech and the Savings Crisis

There is a savings crisis in America; half the population has less than $500 in a savings account, and 80 percent of Americans report that they live paycheck to paycheck. Some fintechs have responded to this and successfully lured some deposits away from traditional banks by offering high-yield savings accounts in an attempt to win new business.

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The German Fintechs Are Coming

The German Fintechs Are Coming

Germany has one of the most robust and innovative fintech sectors in the world. A big reason is that the country has a regulatory landscape that seeks to work with and incubate start-ups, as opposed to stifling innovation. A number of German challenger banks and fintech firms have made waves over the past few years.

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Fintechs and Financial Institutions: Together Forever?

Fintechs and Financial Institutions: Together Forever?

In the early part of this decade, fintechs were viewed by some traditional financial institutions as barbarians at the gate, eager to take customers away. Fintechs, for their part,  frequently talked about “disrupting” the financial industry and doing things digital-first, not being held back by legacy technology or processes.

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5 Companies to Watch at This Year's FinTech Innovation Lab New York

5 Companies to Watch at This Year's FinTech Innovation Lab New York

This month marks the start of the ninth year for FinTech Innovation Lab New York. The 12-week non-profit program is designed to put the focus on the country’s most ambitious, budding fintech companies. The event is also somewhat of a matchmaking exercise, as growth-stage companies meet with VCs and financial services execs for in-depth business and product development consultations.

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