How PFM tools boosted engagement and sales for BBVA: An increase in users and interactions with tools designed to help people with their personal finances led to greater satisfaction and engagement—driving sales in the Spain-based bank’s home market.
Chainalysis’ crypto crime report found that illicit transaction activity reached all-time high in value—but an all-time low as a share of all crypto activity.
Crypto firms that let FIs offer their own products will attract significant funding this year—and overall funding will keep growing
UK fintech founders blast Starling CEO’s claim that open banking has failed: Fifty-three founders co-signed a letter pointing to the technology’s growth since 2018. Meanwhile, regulators are preparing actions to make open banking easier.
African fintechs raised nearly $3 billion in 2021—here’s how it’ll fuel the next wave of innovation on the continent.
A Bankrate survey found it’s the main reason why US consumers don’t switch their accounts to another bank. Regulatory action could help, but marketing and product differentiation remain critical.
Indian neobank plans investing, lending launches: Jupiter will spend its $86M raise on broadening its product suite, potentially laying the foundation for a super app.
Interest has revived on the business-customer side, supported by the rise of stablecoins and pressure to compete with bigger banks. Expanding to consumers could accelerate payments and deposits.
Thirty-six percent of US consumers took on debt this holiday season—but only about half of them had planned to.
A US neobank is offering a simple onramp to crypto that targets Hispanic users. Could it pave the way for using digital assets in cross-border payments?
Latest COVID-19 surge is only a temporary deterrent for people seeking in-person advice for complex needs: Several US banking players are closing branches due to staff shortages or or downsizing to drive-through service. But these are only short-term disruptions to ongoing channel usage trends.
FDIC will likely be tougher on bank mergers after Trump-era chairman departs: Jelena McWilliams’s decision to leave on February 4, 2022 follows a clash with Democratic board members over publication of a public-input document covering mergers.
Fintechs scramble to get ahead of the trends that will shape 2022: Industry players focused on meeting heightened consumer expectations will help turn 2022 into another record-breaking year for fintechs.