FinTechs

Compliance Moved From Cost Center to Growth Engine in 2024
Compliance Moved From Cost Center to Growth Engine in 2024
December 27, 2024  |  Regulation

For decades, compliance has been viewed as a necessary but costly burden — a box to check to avoid penalties, maintain licenses and keep regulators...

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FinTech IPO Index’s 3.9% Rally Spreads Some Cheer in Holiday-Shortened Trading Week
FinTech IPO Index’s 3.9% Rally Spreads Some Cheer in Holiday-Shortened Trading Week
December 27, 2024  |  Fintech Investments

The new year looms, and for the FinTech IPO Index, with a year-to-date performance that tops a 64% return, 2024 has been kind, to put...

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Will 2025 Open the Floodgates for Open Banking?
Will 2025 Open the Floodgates for Open Banking?
December 26, 2024  |  Banking

Among the key trends in financial services in 2024 — as will be the case for the next year (and beyond) — has been the...

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Report: Chime to Go Public in 2025 After Submitting Confidential Filing
Report: Chime to Go Public in 2025 After Submitting Confidential Filing
December 19, 2024  |  IPO

Chime Financial reportedly submitted a confidential filing for an initial public offering (IPO). The FinTech company plans to go public in 2025, though the timing of...

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Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the...

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MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
December 10, 2024  |  Latin America

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News,...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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Fed Oversight Council Argues for More Control Over FinTech
Fed Oversight Council Argues for More Control Over FinTech
December 06, 2024  |  News

The Financial Stability Oversight Council (FSOC) said Friday (Dec. 6) that Congress should pass legislation ensuring that relevant agencies have the examination and enforcement powers they...

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nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
December 06, 2024  |  Fintech Investments

The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the...

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