General (35)

Florida and Israel Open Up the Fintech Playbook with New Sandboxes

Add Florida and Israel to the list of places willing to let fintechs roam a little freer as both locations are opening up new sandboxes for companies to explore. In Florida, Gov. Ron DeSantis recently signed into law new legislation, HB 1391, to create a financial technology sandbox through the state’s Office of Financial Regulation.


Stripe Atop the 8th Annual CNBC Disruptor 50 List

CNBC released its eighth-annual list of startup companies whose innovations and products are driving the market and rapidly influencing business across the globe. This year, its Disruptor 50 rankings also take into account companies’ ability to thrive as the world prepares to come through the COVID-19 pandemic, which has drastically altered both the world’s economy and what constitutes “normalcy.”


UK Dominates Fintech Sector as Traditional Banks, Fintechs Becoming 'Indistinguishable'

Investment in the U.K.’s fintech sector is vastly outpacing Europe and the U.S., as the former has seen a 500% increase over the last three years. That's according to a white paper from Robert Walters.


M&A to Bring Investor Liquidity as Deals Stall in Q1: Report

Fintech financing has been turned on its head, and a new report from CB Insights illustrates some dramatic shifts in both the number of deals taking place and the total funding being thrown around in the sector. The report considers partnership activity, public company earnings transcripts, vertical financial analysis and the full amount of money included in deals taking place worldwide.


The Double-edged Sword of Banking Tech Requires Understanding, Adaptation

A federal best practices body recently issued a statement warning the financial services sector not to take cloud computing safety for granted. According to a message from the Federal Financial Institutions Examination Council (FFIEC), penned on behalf of its members, banks are urged to implement proper security controls and ensure management understands “shared responsibilities between cloud service providers and their financial institution clients.”


Fintechs' Ability to Satisfy Customers Key to Banking Success: Report

A newly published global fintech industry report suggests traditional banks are in position to thrive in the current market despite fierce competition from fintech challengers. However, they’re going to need to make some adjustments to pull it off.


Fintechs Serving the Underrepresented Face Opportunity: BIS Report

Financially servicing underrepresented segments of the population has become both a humanitarian goal as well as a proverbial golden goose for companies all over the world. Fintechs, perhaps, are in a unique position to fill demand for services as they endeavor to act with more efficiency and agility than their predecessors in the space.


Fintechs Face Gamut of Outcomes During Economic Downturn

Fintech businesses and apps, like just about every person and entity on the planet, are facing wide ranging uncertainty in the face of a virus-driven economic slowdown. Some companies are looking at critical shortfalls, while others, as one report notes, are booming as the essence of social interaction evolves.


Payroll Fintechs Letter to Feds: We Can Help with COVID-19 Recovery

The duration and severity of the COVID-19 health crisis is largely unknown as pundits, politicians, business leaders and the public try to make sense of the enormous novelty and complexity of the event. As the particulars of how and when the U.S. recovers from its economic impact remain to be seen, however, a coalition of fintech organizations and advocates said they could potentially play a big role in the coming months.


U.S, U.K Explore Blueprint for Fintech Collaboration

The U.S. and the U.K. are working through a new round of monetary policies and trade agreements with talks about everything from fintech regulations and repo operations heating up this month.


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