Tech

This summer season brought an undeniable power — the female dollar. Fueled by icons like Beyoncé, Barbie, and Taylor Swift, women across the globe are making their mark in the global economy. This emergence of economic power raises a serious question: How can fintech companies use this momentum to shape…

OBSERVATIONS FROM THE FINTECH SNARK TANK It’s a tough time for small business owners: The economy is shaky, inflation is rampant, interest rates have skyrocketed, and it’s hard to find good people to fill job openings. Is there a role for banks to help out here? The immediate reaction to…

There is a very interesting argument developing in the British financial services sector at the moment, an argument that is being watched around the world wherever “authorised push payment” (APP) fraud is escalating to crisis levels (eg, Australia, where consumers lost a record amount of more than three billion dollars…

Venture Capitalists (VCs) are often regarded as the architects of innovation, providing the capital that fuels the growth of groundbreaking startups. Yet, the herd mentality in this high-stakes industry is becoming more and more pronounced, leading to potentially precarious situations. As AI dominates the current debate, is it time for…

In the world of finance, where innovation is rapidly reshaping traditional models, two notable UK fintech players, Koyo and Fronted, have recently shuttered their doors. These closures signal a challenging summer for lenders using alternative data to underwrite, ultimately impacting the underbanked population in the UK. Despite these ventures offering…

Valued at $2.2 billion in 2021, African money-transfer startup Chipper Cash was slow to adapt to the funding collapse of 2022. Now, after layoffs and a deep valuation cut, it’s focusing on the basics–and profitability. Jeff Kauflin, Forbes Staff The layoffs at Chipper Cash, a five-year-old fintech startup that lets…

In the rapidly evolving landscape of fintech, accurately evaluating a candidate’s potential during the interview process is crucial for building high-performing teams. Gartner’s ‘The 9 Future of Work Trends in 2023’ shared that as many as “56% of candidates report applying for jobs outside their current area of expertise”, with…

The return to the office is a hot debate in any industry. In fintech even more so, since so many of its workers were able to prove that they could be just as productive when working from home in the pandemic. Fintech Magazine shares survey results in Alex Clere’s article,…

Lara Hodgson and Stacey Abrams—yes, the politician and activist—founded Now Account to make it easier for small businesses to access financing. By providing a credit card-like system that pays sellers quickly (minus a one-time 3.5% fee), Now Account allows small businesses to grow without being a “free bank” for their…

With the simultaneous arrival of easy-to-access AI tooling and real-time payments in the US, fraudsters are coming out en masse. While death and taxes may be the only two supposed certainties in life, the continued transition from an analog to digital world makes it seem more likely that we will…

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