Tokenization has been set for some time to cause disruption but open finance incorporation may be key to realize its growth.
Capstack Technologies’ founder and CEO Michal Cieplinski believes he has the antidote to the Silicon Valley Bank meltdown, and Citi Ventures agrees.
Financial institutions have access to a vast amount of customer data, including account information, transaction history, and credit scores. However, much of that data is siloed by different payment platforms and networks and out of reach when fraud teams need it most. Banks can address this data drought problem by finding ways to modernize their tech stack, getting creative with existing rails, and leaning on providers to gain scale.
·
In the ever-shifting world of today's entrepreneurs, AI isn't just a technological innovation – it’s a tangible catalyst for business transformation that can lead to smoother operations, more efficiency, and sounder data-driven decisions. In this article, we explore automation, augmentation, and autonomy, revealing how practical applications of detection and prediction to generation can equip even the smallest business with powerful tools to navigate and excel in today's digital landscape.
The market's reaction to Twitter's frenzy could indicate trust issues in the finance sector that fintechs if prepared, could bridge.
Visa is hosting its annual Visa Payments Forum in San Francisco this week, and yesterday, there were some major announcements. Some are calling this the biggest thing in card payments since the card chip.
Warren Buffett-backed Nubank reported a 44% increase in profits in the second quarter, as it expands its customer base in Latin America.
Nubank is a fintech phenomenon. The numbers speak for themselves.
Today, the Brazilian digital bank announced that it has surpassed 100 million customers in the three countries it operates in: Brazil, Mexico, and Colombia. It is the first digital bank outside of Asia to hit that milestone.
'We have the emergence of great innovation, but it's often in highly regulated industries, where regulators only have very blunt instruments to support that.'
One day after dropping 13 counts against Binance, the largest crypto exchange worldwide, the SEC set its sights on Coinbase.