Cloud-based bank operating system nCino, filed to go public on Monday and is seeking to raise $100 million, despite no indication of when it plans to be profitable.
Read MoreCloud-based bank operating system nCino, filed to go public on Monday and is seeking to raise $100 million, despite no indication of when it plans to be profitable.
Read MoreIn an embarrassing gut punch to Facebook, from the Brazilian central bank Tuesday suspended WhatsApp payments barely a week after the service launched in the country. The regulator said rolling out the payments service without prior analysis could damage the payments system from a competition, efficiency and data privacy point of view.
Read MoreThe OCC is looking to launch nationally-applicable charters for payments companies this fall.
Read MoreThe fall of Germany-based payments company Wirecard, which filed for insolvency amid an accounting scandal over a missing $2B, is now affecting app users that depend on its payment services.
Read MoreFormer CFTC Chairman Chris Giancarlo, aka "crypto dad," and Lykee, a digital asset marketplace, announce launching The Open Initiative, a project to help governments use applications of the blockchain to digitize the supply chains.
Read MoreAsset managers, wealth managers, insurance companies, and fintechs say they want data. But in reality, what they really want is answers.
Read MoreNew life may be breathed into facial ID due to the coronavirus — no cards, no phones, no touching.
Read MoreThree’s not a crowd for Episode Six, which was founded by CEO John Mitchell, CTO Futeh Kao, and CFO Chermaine Hu. The team discusses its work to help companies around the world with digital transformation, enabling them to easily adapt to shifts in market demand.
Read MorePlenty of consumers now believe fraud is simply a cost of the digital economy. It’s roughly a 50/50 split among those who accept and reject this premise, according to a new survey by the card-issuing platform Marqeta.
Read MorePre-COVID, there were tailwinds for proptech. While the forecast calls for headwinds and more friction in the next year or so, dealmaking hasn’t dried up.
Read MoreFIS Ventures plans to invest $150 million in fintech start-ups over the next three years.
Read MoreA Mastercard survey found 46% of respondents have shifted from cards to contactless, and the figure grows to 52% when you look only at people under 35.
Read MoreBoss Insights has been addressing the need for faster, digitized lending platforms since long before the coronavirus outbreak. CEO and co-founder Keren Moynihan shares how collaboration — with the media, accelerators, and Oracle — has helped her company tailor its offering specifically to Paycheck Protection Program applications.
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.
