The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and risks in the payments industry, BoE said in a Tuesday (July 30) discussion paper that “central banks must be quick to...
Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a customer base of 32 million clients in Brazil, Inter has gained popularity by offering a wide range of products, including...
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence, digital money issued by a sovereign bank can effectively settle in near real-time using distributed...
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%. The company this week announced preliminary results that showed expected revenue ranges of $248 million...
November 05, 2024
Bigger doesn’t always mean better across financial services — especially when it comes to innovation. And as financial technology reshapes the payments industry, even smaller, regional credit unions are finding that they must adapt quickly or risk falling behind. The CFOs of these financial institutions are helping lead the charge, Lanny Berlingieri, CPA, CFO at Cardinal […]
May 29, 2024
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence,...
April 26, 2024
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%....
March 05, 2024
Few financial institutions (FIs) are choosing to develop technology in-house, indicating a growing reliance on third-party FinTechs to meet their needs. However, sifting through the multitude of options to find...
July 30, 2024
The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and risks in the payments industry, BoE said in a Tuesday (July 30) discussion paper that “central banks must be quick to engage with them and prepare for their implications” in a […]
June 05, 2024
Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a customer base of 32 million...
April 02, 2024
PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies. The new Fintech Engagement Program includes both vetted FinTech companies and credit unions that are looking to...
February 02, 2024
Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial innovators. This request was driven...
