Financial Services

Revisiting what we saw in the crystal ball: We made five predictions last year about what would happen in fintech. Today, we look at three we got right.

JPMorgan kept its eye on technology and the crypto trend—no matter what Jamie thought personally: The banking giant’s 2021 featured a UK digital-only launch, fintech acquisitions, crypto offerings for retail clients, and advocating for staff in branches to become licensed advisors.

What 2021’s biggest fintech funding rounds say about the industry: The money hose isn’t going anywhere in 2022—this year’s most lucrative raises can tell us where the industry’s headed next.

Cryptocurrency needs to fix its public relations problem: Visa’s study of the five types of crypto-aware consumers suggests negative impressions of cryptocurrency could be the default before they become more informed.

Back in 2020, we predicted that PayPal would make a number of big acquisitions this year to help enhance its offerings.

The Canada-based bank, which already has a stateside presence via BMO Harris, agreed to acquire the BNP Paribas subsidiary in a $16.3B deal. Now BMO has an opportunity for a best-of-breed mobile strategy.

Insider Intelligence spoke with Carolyn Feinstein, Varo Bank’schief marketing, growth, and design officer, to better understand how CMOs are redefining their roles as digital becomes the default banking channel for customers

Affirm, Afterpay, Klarna, PayPal, and Zip have until March 1, 2022, to respond to the consumer watchdog’s inquiry.

The US regulator wants feedback on principles it’s drafted to help banks deal with the risks posed by catastrophic weather. Banks should take this as a reminder to update their business continuity plans.

Lending fintech’s neobank could give it a strong niche: Avant’s new neobank geared toward the underbanked could benefit from its existing suite of lending products and its cross-selling potential.

BMO’s Bank of the West interest follows Canadian banks’ US success: The bank’s talks to acquire the BNP Paribas unit come after it and TD Bank reported US growth that exceeds their home market’s.

Brazil-based credit startup Open Co, India’s BNPL card fintech Uni, and cannabis card provider SuperNet are all meeting unmet payment needs.