DeFi – short for Decentralized Finance – continues to be a hot topic on the cutting edge of financial trading. The appeal of somehow cutting away from intermediaries to a pure peer-to-peer trading and lending experience has a strong allure for a lot of technologically inclined investors, and as investments in the space grow, the market potential seems huge. But, like … [Read more...] about CFTC Commissioner Urges Caution for DeFi Investors
2021 FinTech Funding So Far Beats 2020
There's a lot of investment money sloshing around the economy these days, and a record amount is flowing into FinTech projects this year. Most of the data and investment research firms, as well as the FinTech investment banks, suggest that FinTech is well on its way to a record investment year. Some $34 billion flowed into FinTech in Q2, a quarterly record, according to CB … [Read more...] about 2021 FinTech Funding So Far Beats 2020
ESG Strategies Increasingly Critical to Success
ESG spending is increasingly vital for all tech-focused companies – as well as financial services in general. Beyond the obvious benefits, as younger generations increasingly dominate the workforce, it’s becoming a clear and present necessity for attracting talented candidates to your business. That can take a lot of shapes for individual companies, but the focus as a broad … [Read more...] about ESG Strategies Increasingly Critical to Success
FinTech Innovators Take the Lead Across Financial Services
I was on a call today preparing for the technology innovation panel for the Midwest Acquirers Association conference. As our conversation unfolded, we kept coming back to the need for traditional payments and financial organizations to innovate, to do something different, to work out strategies that will radically change the way they operate in the next three to five years. Or … [Read more...] about FinTech Innovators Take the Lead Across Financial Services
Building a More Human Digital Experience for Banking
The digital transformation is here in banking services. The pandemic crystallized just how far the technology has come, and for many users, there’s no going back. But making these services as approachable – or even better – than the traditional face-to-face experience is a key issue facing many financial institutions. These types of technologies will only become more and … [Read more...] about Building a More Human Digital Experience for Banking
The Darker Side of FinTech Lending
Buy now, pay later (BNPL) techniques have caught the attention of credit-card issuers, as the new lenders cut into bank-card profits. Online lending by FinTech firms in general is also on the rise, reports The Financial Brand. “Fintechs have been snatching up market shares left and right from traditional banks and credit unions. Fintechs claimed 49.4% of the unsecured … [Read more...] about The Darker Side of FinTech Lending