Co-founder Jack Dorsey discussed how the app already offers everything needed to manage one’s financial life.
The app will give banks a holistic view of their customers through data aggregation to offer personalized customer experiences.
It’s not the first FI to cut back operations and focus on specialized areas. And it likely won’t be the last.
On today’s episode, we discuss the Fed raising interest rates and how that is impacting fintech lenders. In our “Headlines” segment, we discuss recent developments in fintech and buy now, pay later (BNPL). In “Story by Numbers,” we select two numbers that tell a story about the challenges neobank lenders are facing and two numbers about their untapped opportunities. And in “Pretend CEO,” host Rob Rubin challenges Ahon Sarkar, general manager of Helix by Q2, to pretend he’s the newly hired CEO of a monoline BNPL company. Tune in to the discussion with Rob Rubin and Ahon Sarkar.
British firms are capitalizing on consumers and small businesses seeking out more flexible and interest-free payments.
The cloud-based platform will offer personalization, modernization, and speed—but it will face big competition.
The firm’s CEO suggested it could try to acquire banks in the near future.
After some firms’ profits tumbled in Q3, they’re cutting costs by downsizing.
Here’s what banks can do to protect against the growing threat of cyberattacks.
Unmet repayment deadlines are passing, causing banks to chase down bad borrowers and fintechs to face government investigations.
The ethical lender looks beyond credit scores to offer loans, while emphasizing sustainable, clean-energy solutions.
The government may require BNPL providers to carry out affordability checks before approving customers, among other measures.