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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Fintech Startup Aspiration Plans To Lay Off More Than Half Of Staff
California-based fintech Aspiration plans to let go of 180 employees in a company-wide restructuring. The reduction in force will affect…
The Silicon Valley Bank Collapse And The Polycrisis
The collapsed Silicon Valley Bank (SVB VB ) is the first sizeable victim of the deep financial fault line created…
Russia’s Sberbank Moves Into DeFi, Following Slow-Moving Trend Of Traditional Banks
Russia’s largest state bank, Sberbank, is now exploring the world of decentralized finance, best known as DeFi in the cryptocurrency…
Fintechs Winning Silicon Valley Bank’s Abandoned Customers
The 40-year reign of Silicon Valley Bank as the preferred provider to tech startups ended this week with a suddenness…
Real-Time FedNow Expected To Boost Instant Payments
When the Federal Reserve launches its real-time payments network, FedNow in July, it will be a major catalyst for growth…
Whether Private Or Public, The U.S. Needs A Digital Dollar
The travails of Silicon Valley Bank (SVB VB ), which went from having an A credit rating to being taken…
Silicon Valley Bank Collapse Produces An Early Winner: Digital Banks
Mercury and other fintechs serving startups are seeing demand spike. But can they hold on to the new customers? The…
50 Tech Leaders Circulated A Private Memo In Washington Calling For Action On SVB
As SVB careened towards catastrophe, some 50 founders, VCs, economists and comms experts gathered in a WhatsApp group to draft…
With A Growth In FinTech, Will Traditional Financial Advisors Become Obsolete?
Financial technology is growing and improving every day and robo- and hybrid-advisors are creating a more accessible and affordable way…
Inflation Creates Secret Opportunities In Fintech
Inflation. CPI index. Core inflation. Inflation is a market reality, no matter which term you use. And that reality will…
Sanctioned Russian Banker Boasts On Video About New Fintech Project In Mexico
A BNE Intellinews article posted March 6 alleges that Forbes-listed billionaire Oleg Tinkov used money he raised from selling his…
What Will Startups Do Now?
The last 96 hours have been one of the most manic and momentous in my last decade in venture capital.…
For Many Immigrant Founders, Silicon Valley Bank’s Collapse Is One More Hurdle To Jump
The disappearance of a supportive financial institution, which may have given them their first business credit card or mortgage, hits…
Startups Asked For Help Making Payroll After SVB. VC Responses Were Mixed
When founders scrambled to make payroll after the closure of SVB, some VC firms promised to help—but only a few…
The Forbes Fintech 50: Apply For Our 2023 List
For the past seven years, we’ve published our annual Fintech 50 list, covering the top private companies that are transforming…
Pay Now Or Pay Later? – The U.S. Banking Industry’s Next Move
Following the bailout of Silicon Valley Bank and Signature Bank, deposits have become front and center once again. Instead of…
The Anatomy Of A Further Deterioration Of Capitalism In Seven Days
Last week we welcomed a new generation of unwilling citizens to a new banking crisis with the shocking failure of…
Crisis Meets Opportunity In Fintech
In the $30 billion rescue attempt of First Republic on Friday, Too Big To Fail Banks led by J.P. Morgan…