The economy has faced waves of challenges and fintech may be feeling the strain. Plaid investigated customer behaviour within the sector.
It has been fascinating to watch both the banks and fintechs react to the coronavirus; many fintechs have created side...
Across the world there are many success stories of small startups becoming large fintech companies in a variety of areas;...
According to the index, fintech adoption among consumers has almost doubled over the last 18 months; 64% of digitally-active consumers...
American Banker shares several blockchain projects underway in financial services; Includes JPMorgan Chase’s open source ledger Quoram and initiatives from Northern Trust, ING and the DTCC; while there is a lot of interest in blockchain technology many initiatives aren’t in production; various perspectives are shared in the piece as to why adoption hasn’t taken off. Source
At Fintech Nexus' Merge 2022 event, the future of DeFi and DAOs was discussed. Lex Sokolin believes it is time for a new economy to be born.
COVID-19 is leading to a 72% rise in the use of fintech apps in Europe according to the deVere Group;...
The Hong Kong Monetary Authority shared that half of the population if the city has signed up for their Faster...
Kabbage's study shows the increased usage of mobile devices for loan applications. Source
Business Insider reports on the success of Bank of America’s investment in digital channels; reports that they added about 2 million users to digital channels, predominantly to mobile; mobile channel usage rose 34% year over year; article also compares active mobile users across competing banks Wells Fargo and JP Morgan. Source