Emmanuel Smadja, CEO and Co-Founder of MPOWER Financing, explains the lender’s origin story, describes the UI needs of international students, and outlines the social impact of MPOWER’s work.
Read MoreIn an OpEd, Gabe Kajicek, CEO of Kasasa, argues that local banks offer personal touches that can set clients onto healthier financial journeys and help address debt-related issues.
Read MoreIn an OpEd, Michael T. Pugh, President and CEO of Carver Federal Savings Bank, argues that the role of Community Banks and CDFIs partnering with fintech platforms has never been more important in helping small businesses and entrepreneurs gain certainty with access to capital.
Read MoreIn 2017, The Clearing House launched Real Time Payments (RTP), which immediately processes funds at any hour. Notably, RTP permits earned-wage access (EWA) capabilities, meaning payroll companies can allow workers to withdraw their earnings at any time, not just at traditional payroll increments.
Read MoreLending and debt are far from novel concepts, but many of the technologies distributing and structuring them are. New tools like alternative data and AI have permitted capital to be given to more people, and, at least in theory, at lower costs. But, without the right boundaries in place, these debt-related products may lead to greater defaults, exploited consumers, and market collapses.
Read MoreAs a software solution connecting municipal bond issuers with investors, BondLink faces unique sales challenges, especially given its role in building both the supply and demand sides of a market.
Read MoreTo Patrick Reily, Co-Founder of Uplinq, underwriting models are an underlying and solvable factor behind the catch-22 of lending. With more holistic, dynamic, and contextual models, lenders can offer capital to more applicants while appreciating their real (i.e. for the large part reduced) risk of default, helping lenders extend loans to more people at fairer prices.
Read MoreOn Tuesday, the Biden Administration published a blueprint for an AI Bill of Rights. If this AI Bill of Rights takes hold and shapes the US regulatory landscape in its image, then human resources and operations teams—notably in fintech—should prepare for a new suite of hiring needs.
Read MoreIn a conversation with The Financial Revolutionist, Cowbell Chief Strategy Officer Matthew Jones describes Cowbell’s bread and butter, compares their regulatory obligations to those of B2C insurtechs, and considers the future of insurance and security.
Read MoreIn a conversation with The Financial Revolutionist, Credit Karma’s GM of Insurance, Rory Joyce, explains Credit Karma’s vision for insurance, outlines its marketing and sales strategies, and considers the difference between cross-selling and comprehensive coverage.
Read MoreIn a conversation with The Financial Revolutionist, Conductiv CEO Gopal Swamy, along with Zach Lambert, Head of Product, outlines what Conductiv does, and how the team went about building their product.
Read MoreReporting by the New York Times suggests the US housing market faces a severe shortage of affordable single-family homes. Zoning regulations, land costs, and housing investment are core variables affecting the price and diversity of housing stock.
Read MoreIn an interview with The Financial Revolutionist, Nelson Chu describes Percent’s dual-pronged approach and outlines a promising future for private credit in a downturn.
Read MoreIn an interview with Rest of World, Cleosent Randing, CEO and Founder of Indonesian insurtech PasarPolis, described the startup’s partnerships with mom-and-pop store owners to sell insurance. The strategy let the company sell five times as many policies as it had previously through insurance agents alone.
Read MoreTrading platform Robinhood announced the release of a beta version of its web3 wallet. The wallet will be available to 10,000 test users before being released to the public in May.
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.
