At Finovate Fall 2023 in New York, Liliana Reasor, SupraFin's founder, discussed the company's approach to cryptocurrency ratings. With 20 years of experience at institutions like JP Morgan, Deutsche Bank, and Moody’s Analytics, Reasor has a significant background in crypto, risk management, and investment banking. She highlighted the growing importance of comprehensive risk … [Read more...] about SupraFin’s Approach to Cryptocurrency Ratings
FinTech
Planning Adoption of the Emerging Technologies Changing U.S. Payments Services
Traditional payment systems that require days-long transaction settlement, high retailer fees, and operational inefficiencies are getting a technology makeover. Led by enabling technologies like artificial intelligence and machine learning, banking, and payments services are expected to serve consumers with less friction while posing very real operational and security … [Read more...] about Planning Adoption of the Emerging Technologies Changing U.S. Payments Services
Harnessing the Power of Digital Marketplaces
The Rise of Embedded Finance and Open Banking Bidding to serve a new generation of buyers, FinTech companies seek to redefine how financial services are delivered, especially payments. With the rise of ecommerce marketplaces, FinTechs are taking advantage of an opportunity to tap into new revenue streams by providing embedded finance and open banking services. New … [Read more...] about Harnessing the Power of Digital Marketplaces
U.S. Faster Payments Implementation Increases
Consumers and businesses want to move payments faster. Three recent studies show growth in the use of the various flavors of faster payments in the United States. Instant payments services have reached an inflection point among financial services providers, with more than 60% using or setting up the RTP service and more than 40% setting up FedNow. Zell is approaching 80%, … [Read more...] about U.S. Faster Payments Implementation Increases
NFTs: Ugly Term for Beautiful Returns?
If the technical term "nonfungible token" was selected to describe how the art market meets FinTech as a way of catching attention, then it has succeeded mightily. It begs the inevitable questions: What the heck is that? Why would anyone buy that? The New York Times took that approach in its 03/12/2021 story on the largest sale of digital-asset token as art: "What Are NFTs, … [Read more...] about NFTs: Ugly Term for Beautiful Returns?
Building Faster Payments: From Conception to Reality
Selling the concept of faster payments, in many of the myriad forms they can take, isn’t difficult. Most of the industry players agree it’s overdue: the U.S. hasn’t had a new payments structure in over 40 years. Needless to say, achieving it is a huge undertaking; not only in building the technology but also in getting large-scale adoption, as it requires buy-in from every … [Read more...] about Building Faster Payments: From Conception to Reality