Pinwheel’s new partnership with American Express is the latest development for a fintech that has been quite busy over the past two years. The income and employment API is now American Express' direct deposit switching partner for their new checking account.
Generative AI (GenAI) is the topic of the year, as more institutions turn to investment in the technology. This is just the beginning.
While VC funding to Latin American startups saw a year over year decline, the fact that it is stabilizing offers hope to the industry.
The Fed looks to supervise banks' involvement in crypto and fintech. Innovation is the focus but their approach will determine if successful.
A new report from Episode 6 and IDC Financial Insights proves that the 5% of firms with future-ready paytech have a significant competitive advantage.
·
Three years after being approved for a bank charter by the State of Wyoming, Custodia Bank goes live, accepting business account deposits.
Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
During challenging economic times it is important for lenders to use new technology to help find new markets
The economic climate has caused many to turn away from SMB finance. Banks could provide fintechs with the stability to ride out the storm.