Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Starling Bank: fintech flies too close to heat of reality
Private companies are learning about the pitfalls of illiquidity Receive free Starling Bank Ltd updates We'll send you a myFT Daily Digest email rounding up the latest Starling Bank Ltd news every morning. Disposition effect encourages investors to…
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Goldman Sachs fintech executive Stephanie Cohen to take leave of absence: memo
NEW YORK, June 9 (Reuters) - Stephanie Cohen, the head of Goldman Sachs Group Inc's (GS.N) fintech unit called Platform Solutions, is taking a leave of absence for family reasons, she said in a memo to staff seen by Reuters. 'The past year has…
Council Post: Five Fintech Solutions That Can Help SaaS Startups Win More Customers
Ashish Srimal, cofounder & CEO at Ratio, is a SaaS entrepreneur and executive who has built SaaS startups and led large SaaS businesses. The economic downturn has hit businesses very hard. And economists say there's the threat of a global recession…
Democratized Wealth: The Evolution of Islamic Fintech in the Digital Era
The evolution of digital finance and fintech is making groundbreaking feats in terms of financial accessibility and opportunities. Still, it leaves some of the key problems of legacy finance - mainly inclusion and disparity - to be solved. Islamic…
Business challenges that Altron FinTech solutions solve
Fintech companies are on a path of enhancing their growth and building a reputation in the industry. Financial technology is improving and automating the process and services within organisations. However, these challenges push our imagination in…
UAE fintech Optasia hires Moelis for potential sale, IPO
Dubai: UAE-based Optasia is weighing strategic options, including a sale or initial public offering in the Middle East, people with knowledge of the matter said. The financial technology startup has appointed Moelis & Co. as an adviser, the people…
EBAday 2023: Fintech Zone finalists announced!
EBAday, the annual event for payments and transaction banking executives, will return on 20th to 21st June 2023 at The IFEMA in Madrid, Spain. The EBAday Fintech Zone gives successful applicants the opportunity to network and demonstrate their…
Big banks need a reality check on fintech hopes and dreams
The Information recently reported on issues JPMorgan had integrating a fintech it acquired. Big banks often try to pitch themselves as being just as innovative as buzzy finance startups. But banks need to realize they are fundamentally different…
Goldman Sachs fintech boss Stephanie Cohen takes leave of absence
The boss of Goldman Sachs' recently created 'Platform Solutions' fintech unit, Stephanie Cohen, is taking a leave of absence for personal reasons. In a memo seen by Reuters, Cohen says: 'I have made the decision that taking some time away from work…
How fintech regulations can further the financial inclusion agenda
The emergence of fintechs seemed disruptive to the financial services industry, causing banks and the regulator to be cautious about their impact. However, recent developments indicate that the regulator is not only looking at the fintechs…
Digital Identity Solutions: FinTech's Future - The Frisky
In an increasingly digital world, digital identity solutions have emerged as an integral component for businesses, particularly in the fintech and financial services sectors. These solutions provide a secure way to identify and verify the…
More Startups Throw in the Towel, Unable to Raise Money for Their Ideas
The pace of startup shutdowns, fire sales and sharp business-strategy changes is picking up. Fresh capital from venture investors and bank loans is scarce and expensive. Going public is near impossible. Some business models that worked when cash…
RBI permits loan default guarantee in digital lending: Will it boost fintech activity?
FLDG is an arrangement whereby a third party such as a financial technology (fintech) player (LSP) compensates lenders if the borrower defaults. The LSP provides certain credit enhancement features such as first loss guarantee up to a pre-decided…
The youth reimagine fintech at GCash's ImaGnation Competition 2023
Technological innovation is alive and thriving among the youth, as proven by the candidates in GCash's annual ImaGnation competition which concluded last June 2. In alignment with GCash's brand vision, the affair is all about incubating ideas to…
Automation, regulation and immigration: Key themes ahead of London Tech Week
L ondon's tech scene has gone through a lot of turmoil since the start of the year. Scores of firms, from social media giant Meta to data firm Palantir, have cut or are planning to cut jobs amid a softening in consumer demand and a slowdown in…
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