A fundamental shift is happening as more Americans move towards digital financial services. Eight in ten consumers use a fintech product to manage their finances, and businesses benefit from access to a wide range of services to improve their financial operations. Despite recent statements that missed the mark from Federal…

The Financial Health Network recently released its annual Financial Health Pulse 2023 U.S. Trends Report, the most comprehensive view of the ongoing financial health of all Americans, and the results are alarming. The ranks of America’s financially vulnerable are rising dramatically, particularly among people of color. Critically, there is a…

The upcoming Apple AAPL iOS 17.1 developer beta shows the first services for the new iPhone Wallet app powered by the U.K.’s Open Banking API. The Wallet app will now be able to show Brits their account balance (including credit cards) from supported banks (including my principal bank, Barclays) as…

In 2010, we started our first company, DeinDeal, which became the fastest-growing startup in Switzerland. We sold it in 2015. This experience fuelled my passion for creating more companies from scratch. In 2015, we founded wefox which has grown to become one of the world’s leading insurtechs. wefox has more…

The time-worn metaphor of the “white whale” relates to something one pursues with little chance of success, as seen in the case of Captain Ahab in Melville’s “Moby Dick.” Think of it as an obsession that dominates one’s thoughts and actions. Such is the case with Lina Khan, the chairperson…

Apple AAPL recently announced the soft launch of a new feature allowing users in the United Kingdom to view their current account balance via an integration into their Apple Wallet, powered via Open Banking APIs. Although Apple users have long been able to view their bank account balance via the…

Crypto and digital assets conferences have become a cornerstone of the Web3 industry, serving as useful networking events and forums for knowledge-exchange and product promotion. Often spread over the course of a weekend, and sometimes an entire week, these annual events offer a chance to catch up with the industry’s…

Elon Musk says that Twitter — now known as “X formerly Twitter” to everyone else and “TwiX” to me — is going to implement a “small monthly payment” for users. In a conversation with Israeli Prime Minister Benjamin Netanyahu, he said that this strategy represents the only way that he…

Over the past decade, the world of business-to-business cross-border payments has seen an acceleration of innovation, development and market moves. Companies that traditionally catered to the consumer space have increasingly moved into the industry, while those who are long-established have increasingly digitized and improved their offerings in response to changing…

Last week, three hundred venture capitalists descended on Nairobi for the Kauffman Fellows Summit, one of the world’s largest venture capital gatherings – and the first time it took place in Africa. The story of technology in Africa in many ways is also a fintech story. The majority of Africa’s…