General (38)

FIS Demo Day Features Top Tech, Highlights Arkansas’ Commitment to Incubation

Identity authentication company TrustStamp was named the “Audience Choice” winner at the fifth annual FIS Fintech Accelerator program’s Demo Day. Further, FIS and the State of Arkansas jointly announced the program’s extension into 2021.


Financial Services Panel Investigates Big Tech’s Role in Lending

Ensuring consumers have the tools necessary to understand how the ever-blurring line between technology companies and banks impacts their services was at core of a virtually hosted congressional hearing on Tuesday, Sept. 29.


Varo Lands Historic Fintech Banking Charter As OCC Makes Big Moves

As the world celebrated the godfather of banking, Cosimo Medici, on World Fintech Day, one can’t help but wonder what he would think about the institution he helped create now holding currency that, well, can’t really be held at all.


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.


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