Fintech
The Asian Countries That Actually Need A CBDC
At the recent Singapore Fintech Festival, the city-state’s announcement that it would pursue a wholesale central bank digital currency (CBDC) pilot next year was big…
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Bud Financial Teams With Google To Provide Insights From Transaction Data
Bud Financial uses AI and transactional data in retail banking and wealth management to provide advice and prompts to customers,…
This Means Digital Wallets Must Too
Digital cash, just like digital car keys, has to work offline. That is, I need to be able to get…
Zombie Banks Are Among Us, But No Need To Panic
The U.S. banking system is strong and reliable. The industry is well regulated, and one of the results of the…
Investing In LatAm Insuretech: A Venture Capitalist’s Perspective
Will you invest in insuretech in Latin America (LatAm)? That was the question I and a few other venture capitalists…
China’s Digital Yuan Remains A Curiosity
Since China unveiled the digital renminbi several years ago, it has been hyped as a juggernaut that would dethrone the…
Why Consumer Fintech Is Alive And Well
Consumer fintech is not dead. It just still needs to solve the fundamental financial demands of most Americans. The fintech…
What Generative AI Means For Banking
One of my neighbors is an octogenarian who loves gardening and enjoys hosting her family and friends outside. The other…
PacWest And The Demise Of The Regional Banking System
“Confidence in a financial institution is built over decades and destroyed in days. As each domino falls, the next weakest…
Musk, Media And The Rejuvenation Of Micropayments
Despite all the evidence to the contrary, I remain convinced that there is a macro opportunity in micropayments. Now, it…
Central Bank Digital Currencies, Under Any Name, Threaten Privacy And Freedom
There was no shortage of interesting ideas discussed at last week’s Consensus conference, CoinDesk’s flagship crypto gathering. But the most…
Apple’s New Savings Account Draws Nearly $1 Billion In Deposits In First Four Days
Apple’s AAPL freshly launched high yield savings account brought in as much as $990 million in deposits over its first…
What It Is And How It Works
One of bitcoin’s biggest technical challenges is its so-called scalability. To function effectively as a means of transaction (i.e., to…
Building Business “Beyond The Card”
American Express AXP ’ public image may be centered around consumer and small business cards, but in reality its reach…
The Collapse Of First Republic Bank And Preventing The Next Bank Run
“We live in the most interesting of times,” Elon Musk tweeted at 5:07 p.m. ET on Monday, to almost 25…
The Ascendancy Of AI In Asia’s Financial Services Industry
The rising ubiquity of smartphones together with broader digital transformation in the business world are catalyzing the adoption of artificial…
National Digital ID Is A Foundation For CBDC
Whatever the advantages or disadvantages of central bank digital currency (CBDC), we aren’t going to get one anytime soon because…
FedNow Real-Time Payments Are Here. What Should Banks Do Now?
OBSERVATIONS FROM THE FINTECH SNARK TANK Years after other developed countries have had real-time payments in place, they’re finally coming…
Apple Savings, Financial Health And Banking’s Future
Apple AAPL now has a high-yield savings account (at 4.15%) for its Apple Card customers. The account is provided in…