Fintech Industry News

A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

gulfnews.com - Gulf News Report - UAE's remittance fintechs need to track what is happening at 'salary level': LuLu Exchange's MD
UAE's remittance fintechs need to track what is happening at 'salary level': LuLu Exchange's MD
Gulf News

Dubai: Fintech companies focussed on remittance services will need to know ‘what happens at the salary level', according to LuLu Exchange's Adeeb Ahamed. This will naturally ‘lead to better fintech products that keep end-consumer in…

finextra.com - Editorial Team - How FinTech Companies Can Use a Modern Data Stack to Gain a Competitive Advantage
How FinTech Companies Can Use a Modern Data Stack to Gain a Competitive Advantage
Finextra Research

Big data is a big advantage for FinTech companies and financial institutions – more so when non-technical business users can access data and use it in their day-to-day work. According to a report from IBM, 71% of banking and financial…

techcrunch.com - Anna Heim - For Brazilian shareholders, Nubank's IPO has a bitter aftertaste
For Brazilian shareholders, Nubank's IPO has a bitter aftertaste
TechCrunch

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It's inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. In 2021, we wondered whether Brazil could be in…

foxbusiness.com - Lucas Manfredi - Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG
Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG
Fox Business

Global investment in fintech tumbled in the first half of 2022 as investors contended with geopolitical uncertainty, turbulence in the public markets, scorching hot inflation and rising interest rates. According to KPMG's Pulse of Fintech report…

techcrunch.com - Sarah Perez - This Week in Apps: YouTube takes on TikTok, Spotify adds audiobooks, BeReal takes a dive
This Week in Apps: YouTube takes on TikTok, Spotify adds audiobooks, BeReal takes a dive
TechCrunch

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the…

ctpost.com - Jeffrey Sonnenfeld and Steve Tian - Opinion: Discovering CT's business turnaround
Opinion: Discovering CT's business turnaround
Connecticut Post

Last week, we hosted a unique economic development forum at Yale. It included the state's largest employers, such as Sikorsky, Pratt & Whitney, Xerox, Travelers, Charter Communications and Ethan Allen Designs; thriving new fintech and biotech such…

cnbc.com - Trevor Laurence Jockims - How the airline industry plans to wean itself off one billion tons of carbon emissions
How the airline industry plans to wean itself off one billion tons of carbon emissions
CNBC

The airline industry likes to point out that it is responsible for 'just' 2% of CO2 emissions globally. But as the auto industry is transformed rapidly by electric vehicles, aviation's share will grow, especially if projections for air travel to…

techcrunch.com - Natasha Mascarenhas - Tiger Global, fickle checks and the difficulty of acceleration
Tiger Global, fickle checks and the difficulty of acceleration
TechCrunch

Image Credits: Bryce Durbin / TechCrunch Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here. When On Deck had to cut its staff twice within a matter of months, its…

forbes.com - Michael del Castillo - KKR Blockchain Access To $4 Billion Fund Opens Door To Crypto Investors
KKR Blockchain Access To $4 Billion Fund Opens Door To Crypto Investors
Forbes

As the U.S. Securities Exchange Commission (SEC) cracks down on noncompliant Wild West cryptocurrency firms, a new breed of blockchain application, created from the ground up to be securities, is emerging to meet demand. This month private-equity…

fool.com - Leo Sun - 3 Red Flags for Block's Future
3 Red Flags for Block's Future
The Motley Fool

Block 's (SQ 0.61%) stock plunged nearly 80% over the past 12 months as the fintech giant disappointed investors with its dismal growth rates. Rising interest rates exacerbated the pain by crushing higher-growth tech stocks. Some investors might be…

thehindu.com - Weekly Crypto Roundup: UK's crackdown, Iran's CBDC, and crypto carbon credits
Weekly Crypto Roundup: UK's crackdown, Iran's CBDC, and crypto carbon credits
The Hindu

On Friday, Bitcoin was close to falling under the $19,000 level while Ether was hovering above the $1,300 level. Law enforcement bodies around the world are concerned by the role cryptocurrency plays in money laundering. Sanctioned platforms like…

economictimes.com - Dipanjan Roy Chaudhury - Pakistan arms supply to Ukraine if true will have serious implications for Russia-Pak ties
Pakistan arms supply to Ukraine if true will have serious implications for Russia-Pak ties
Economic Times

Russian Envoy to India Denis Alipov on Friday asserted that if reports of arms supply by Pakistan to Ukraine are confirmed it will have serious and negative implications for Russia-Pak ties. “Russia has taken serious note of reports of arms…

allafrica.com - Louise Fox - Africa: Inclusion, Inequality, and the Fourth Industrial Revolution in Africa
Africa: Inclusion, Inequality, and the Fourth Industrial Revolution in Africa
allAfrica.com

Adoption of Fourth-Industrial-Revolution (4IR) technologies in sub-Saharan Africa could bring not only substantial economic growth and welfare benefits, but also social and economic disruption, including widening inequality if countervailing…

fool.com - Taylor Carmichael - Silvergate Capital's Visionary Leadership Has Outsmarted the Big Banks
Silvergate Capital's Visionary Leadership Has Outsmarted the Big Banks
The Motley Fool

Imagine a banker in 2013, trying to see into the future. Visionary banker: 'I see the future. There is no money in the future. It is electronic payments.' Customer: 'You're freaking me out, man.' Visionary banker: 'We need to build a platform for…

viewfromthewing.com - Gary Leff - Chase Makes Over $5 Billion On Credit Cards, Wants To Drive That To Zero
Chase Makes Over $5 Billion On Credit Cards, Wants To Drive That To Zero
View from the Wing

Chase earns over $5 billion in revenue from its credit card portfolio per year, but they've made it a corporate priority to build a product that's intended to kill the credit card business. And CEO Jamie Dimon threatened to fire senior leaders who…

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