General (32)

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.


FDiTech Looks to Bolster Banking, Tech Partnerships with New Cheat Sheet

The Federal Deposit Insurance Corporation's (FDIC) tech lab is hoping to facilitate partnerships by offering new guidance for technology companies looking to partner with banks. To that end, it released its new cheat sheet, Conducting Business with Banks: A Guide for Third Parties (PDF), to flesh out issues facing banks and offer a roadmap for third parties to help navigate the industry’s unique requirements.


Shopify Added to Libra Association, Congress Updates Hearing Schedule

Facebook’s polarizing Libra Association—the social media giant’s attempt at creating a stable globalcoin network—added a new member, Shopify, to its ranks. The news comes on the same day the U.S. House Committee on Financial Services announced its March meeting calendar, complete with a Tuesday, March 24 hearing on (what else?) digital currencies.

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N. American Conference Circuit Brings Together Endless Stream of Experts, Innovators

The robust 2020 fintech conference calendar features events spanning the globe, with a number of notable gatherings taking place in a seemingly non-stop cycle of panels, experts and insights.


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