A case study at the Harvard Business School was presented as part of the executive MBA program on the bank’s digital strategy; Goldman CFO Marty Chavez recently stated “Goldman is for risk what Google is for search”; the move to becoming a tech company is not easy as other areas of the bank do not see the same benefits; Goldman is clearly on the front edge of innovation in banking today. Source.
Instant payment system Pix has overtaken credit and debit cards as the most used means of payment in Brazil.
This is the Buk's second round of financing after having its $50 million Series A in October 2021, led by Greenoaks and SoftBank LatAm.
Celo es una infraestructura de pagos que tiene como misión principal exponer el ecosistema cripto a todos los usuarios con teléfonos móviles.La estrategia se adapta óptimamente para uno de los objetivos principales de las criptomonedas, ser una herramienta capaz de bancarizar a las personas que no...
Digital customer service tech as a service firm Glia raised a $45m Series D, landing unicorn status of $1 billion in total valuation.
Here are the most read news stories from our daily newsletter today: CFPB gets tough with debt collectors as it...
Humaniq is a blockchain startup focused on financial inclusion; the company released an alpha version of their app; initial features include remittance payments and P2P lending as well as support for cryptocurrencies such as bitcoin and ether; Humaniq also has their own tokens called HMQ; app includes biometric ID verification for unlocking and verifying transactions; user profiles are based on facial and voice recognition algorithms; according to CEO Alex Fork: "Our initial target audience is people in emerging economies, and many of them don't have email. By using biometric ID we make the signup process more inclusive for people with low literacy while also lowering opportunities for fraud. Each real person will only ever be able to create one account, and no one will ever be able to steal their account. For businesses, a network full of real people is a dream come true, for reasons that are self-evident." Source
The Bank of England decided to keep rates steady at 0.5 percent which will be a big benefit to P2P...
The e-commerce platform made the “wrong” bet on the continued boom in online shopping, the chief executive said in a memo to employees.
Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a...