Exchange rate markups affect everyday people, not just wealthy tourists—deleteriously affecting small businesses, consumers who send remittances abroad, as well as servicemembers—amounting to a whopping $5.8B in lost value last year.
Read MoreFR Contributor Alex Lazarow shares his takeaways from F-Prime’s 2023 Fintech Index report.
Read MoreFrom Matt Ober: If data solutions can make the firm money, save the firm money or help the firm raise money, then there is no budget.
Read MoreA cross-border VC and corporate innovator’s perspective by Tiffine Wang
Read MoreTo Charles Potts, EVP and Chief Innovation Officer of ICBA, the ThinkTECH accelerator program represents a “key pillar” of ICBA’s work and arose from community banks' drive to be “on par with the biggest fintechs and banks on the planet.”
Read MoreIn an interview with The Financial Revolutionist, Julian Trostinsky, Head of Global Support Solutions at Gresham, outlines a major compliance deadline looming for buy- and sell-side firms in North America.
Read MoreRegulators are in a double bind. The antitrust concerns are real—as is the potential for this acquisition to disrupt the Visa-Mastercard duopoly.
Read MoreIt’s hard to tell how much Robinhood’s uptick stems from its savviness—poaching competitors’ brokerage customers through deposit matching, releasing popular product features, and more—rather than improved economic conditions.
Read MoreIt’s hard to think of dating apps as a space where finance isn’t traditionally discussed; if anything, it’s one of the most overtly wealth-driven spaces that millions of users encounter every day.
Read MoreAcross the executive branch, regulators are growing more vocal in discussing the systemic risks that non-bank financial institutions (NBFIs) pose. Why now?
Read MoreIn their official announcement, both CYBERA and Chainalysis framed blockchain-based crimes as a workaday form of financial fraud. That is, official statements made no differentiation between crypto-focused and non-crypto-focused crimes, folding them into a singular locus of concern.
Read MoreAccording to Ravi Venkatesan, CEO of Cantaloupe, the CHEQ acquisition aligns squarely with Cantaloupe’s mission. “We want to move as much commerce as possible to self-service commerce, and we want to be the technology that powers that self-service commerce,” he said. “It's really that simple.”
Read MoreMaybe above all else, ask yourself this: If you’re not pining for a $3,499 isolationist “iPad for your face,” then why would others?
Read MoreFrom Matt Ober: With the value of data going up every day and the amount of data-hungry AI models being trained, the web scraping rules are going to come up more and more. This is the first of many lawsuits.
Read MoreIn a piece for The Financial Revolutionist, Fluent Ventures’s Alex Lazarow looks back at his time at Omidyar Network and sets the record straight on the effects and ethics of impact investing.
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.
