Following the announcement of the Chancellor's mini-budget, the jury remains hung on whether the bold move was a positive one for fintech.
Bias in credit underwriting is an issue some worry will be exacerbated by AI others believe it is the only way forward. At Fintech Nexus USA 2022, approaches were discussed to mitigate concerns.
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Community banks have faced increased challenges. Open access to generative AI and a possible open banking ruling may be a game changer.
Payable announced a new $6-million seed round on Tuesday.
Their website mentions names such as 'digital sterling' or 'Britcoin' and emphasizes the difference between CBCDs and cryptocurrencies.
From the study, Carat found older and retired Americans are more likely to prioritize security (40%) and millennials prioritize the speed of payment delivery (29%)
Last month, PicPay launched peer-to-peer lending for companies, a major innovation in a bid to enhance the product suite.
The top five stories in fintech this week as featured on the Fintech Nexus 5 are from CFPB, JPMorgan and Mastercard, The State of New York, The Federal Reserve and Plaid
The top 10 most viewed articles from January on Fintech Nexus.
Plaid has announced a new cash flow underwriting tool call Consumer Report that is the most comprehensive offering for lenders yet.