Tag: fintech

Why 2020 Is The Year For Fintech

Why 2020 Is The Year For Fintech

This month marked one of the largest fintech acquisitions of all times, Visa’s purchase of Plaid for $5.3 billion. It is a validation of fintech in a literal sense – Plaid is a key enabler to many of the leading fintech players, and critical in simplifying the onboarding flow and integration of players. It may…
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JPMorgan Chase is planning to ban fintech apps from using customer passwords to access their bank accounts

JPMorgan Chase is planning to ban fintech apps from using customer passwords to access their bank accounts

JPMorgan Chase is planning to ban fintech apps from using customer passwords to access their bank accounts and data, according to the Financial Times. Instead, the banking giant is working on a system that uses tokens to send third parties a narrower range of data in a secure form, per Chase’s head of digital Bill…
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The Winners And Losers In Fintech In 2019

The Winners And Losers In Fintech In 2019

OBSERVATIONS FROM THE FINTECH SNARK TANK As we approach the end of the 2019, it’s a good time to look back and see who won and lost—or more appropriately, who’s winning and losing—in the fintech world. The WinnersGoldman Sachs. The Vampire Squid took a few lumps this year with reports of $1.3 billion in loan…
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It's Time For A Federal Fintech Sandbox

It’s Time For A Federal Fintech Sandbox

FinTech – An income-share agreement as an alternative to personal loans. A cheap money transfer system for the unbanked. A faster, cheaper payment processing system. What do these innovative financial products have in common? They’re all being tested in Arizona’s fintech sandbox. And they all represent the potential of a regulatory sandbox to allow financial…
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