financial technology

Bank of England Announces CBDC Experiments
Bank of England Announces CBDC Experiments
July 30, 2024  |  CBDC

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...

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Inter Focuses on Brazilian Migrants to Drive US Growth
Inter Focuses on Brazilian Migrants to Drive US Growth
June 05, 2024  |  Business

Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...

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CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
May 29, 2024  |  CBDC

The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...

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FinTech IPO Index Adds 3% as Oportun Soars on Preliminary Quarterly Results
FinTech IPO Index Adds 3% as Oportun Soars on Preliminary Quarterly Results
April 26, 2024  |  Fintech Investments

For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle...

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PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration
PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration
April 02, 2024  |  Partnerships

PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies. The new Fintech Engagement Program includes both vetted FinTech companies and credit...

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Sandbox-as-a-Service Poised to Remove Friction From Bank-Vendor Partnerships
Sandbox-as-a-Service Poised to Remove Friction From Bank-Vendor Partnerships
March 05, 2024  |  Banking

Few financial institutions (FIs) are choosing to develop technology in-house, indicating a growing reliance on third-party FinTechs to meet their needs. However, sifting through the...

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Banyan CEO Takes Long-Term View of FinTech Infrastructure
Banyan CEO Takes Long-Term View of FinTech Infrastructure
February 09, 2024  |  B2B Payments

The evolving world of payments is being built on top of innovative strategies.  And, after years of traditional ways of transacting like paper checks and...

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Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
February 02, 2024  |  Innovation

Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial...

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ModernFi Raises $18.7 Million to Expand Deposit Management Tools
ModernFi Raises $18.7 Million to Expand Deposit Management Tools
January 23, 2024  |  Investments

ModernFi has secured $18.7 million in funding to bring its deposit management tools to financial institutions of all sizes.  With the banking sector experiencing higher interest...

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