Success with the bank's 'NOMI' app showcases the future of retail banking through the predictive use of artificial intelligence.
Mizuho along with 60 other banks are launching a new digital wallet called J-Coin Pay; the name implies that J-Coin...
Financial exclusion is a global problem, through strategic design and implementation, could CBDCs be the solution?
Starling Bank Ltd. is weighing plans for a fresh funding round that could value the U.K. challenger at around 2.5 billion pounds ($3.4 billion), according to people familiar with the matter.
After more than a year of research focused on how millennials bank JP Morgan announced the launch of Finn by Chase; the app includes checking & savings accounts, a debit card, personal financial management tools and other features that would appeal to a younger user base; the thinking behind the app is to give customers another option and grow their customer base in regions that don’t include many branches. Source.
Anyfin is based in Sweden and allows users to refinance existing loans using a photo of a loan statement; the round was co-led by Accel and Northzone and included Rocket Internet’s Global Founders Capital along with other angel investors; Anyfin is currently only available in Sweden but they have ambitions to expand further into Europe. Source
Lufax sees a growing market opportunity in China's retail investment space and is planning to increase its focus on this area of the business; the firm is currently the world's highest valued P2P lender at $18.5 billion; it has $56.9 billion in client assets with P2P loans accounting for a third which is expected to decrease to 15%; it plans to expand the investments it offers through online brokerage accounts and also enhance its mobile and online trading capabilities; the firm is also rumored to have plans for an initial public offering in Hong Kong in the second half of 2017. Source
The embattled online mortgage lender Better.com announced today several new hires of senior executives in an effort to reinvent its image.
US Department of Treasury Reports on Money Laundering in the Art Market, NFTs May Present New Risk. | Crowdfund Insider: Global Fintech News, including
Splitit Survey: 60% prefer BNPL With Existing Credit Card. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.