A dearth of banks willing to serve crypto startups presents opportunities for risk-tolerant fintechs and neobanks.
Acorns acquired the youth-focused bank app to enter the European market and address customers’ full financial life cycles.
They don’t think banks protect them from risks or offer valuable products and services, though most get decent customer service. Consumer Duty could change the perception.
Through a multiyear agreement, PayPal will become Live Nation’s preferred payment partner.
Greenlight upgrades its distribution model: The family neobank expands from a direct-to-consumer marketing model to also partnering with banks and employers.
San Francisco sees a rise in other vehicles hitting AVs and drivers fleeing the scene with little fear of being caught. Technology alone cannot solve this issue.
The payments firm responded to some short-seller allegations. But its failure to address key claims could cause future problems.
It’s calling on bank officials to enforce tighter regulations that can be enacted under existing laws. But the actions don’t solve all the issues.
The new office can play a key role in creating guidance and standardized frameworks for major technologies like digital assets and AI.
On today's episode, we dive deeper into the banking debacle created by Silicon Valley Bank’s meltdown in order to see what the path forward will look like. In our “Headlines” segment, we discuss the challenges startups that banked at SVB are currently facing and how some existing banks are treading lightly with SVB’s former customers—while others are embracing them. In “Story by Numbers,” we turn the spotlight toward consumer trust in banks. And in “For Argument’s Sake,” we debate whether fintechs will need to operate in an environment with more regulatory scrutiny. Tune in to the conversation between host Rob Rubin and our analysts Tiffani Montez and Jenna McNamee. Listen and subscribe today.
A rule on lending to small businesses arrives: The long-awaited regulation on disclosure of owners’ demographics, among other data, also has a weird part.
The government’s new AI regulatory framework will promote innovation through interactive implementation.
House Reps criticized their lack of enforcement actions prior to the collapse of SVB and Signature Bank.