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Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
Cross River and Operation Hope Provide Life-Changing Improvement for Consumers’ Financial Health
Finance News

Cross River and Operation Hope Provide Life-Changing Improvement for Consumers’ Financial Health

Business Wire
Financial literacy program aided in reducing client debt during challenging environment where Federal Reserve saw consumer credit rates increase Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is pleased to share mid-year results from its partnership with Operation Hope: HOPE Inside Cross River, which provides life-changing......
Firstcard Announces $4.7 Million in Seed Funding To Build Better Banking for College Students
Banking News

Firstcard Announces $4.7 Million in Seed Funding To Build Better Banking for College Students

Business Wire
Firstcard, a fintech startup building better banking for college students, announced that it has raised $4.7 million in Seed funding from VCs and Angels such as AngelList Early Stage Quant Fund. This comes a year after the company’s $3 million Pre-Seed fundraise, bringing the total funding to date to $7.7......
Everything You Want to Know About the Banking Crisis and Consumer Lending
B2B Banking Guest Posts

Everything You Want to Know About the Banking Crisis and Consumer Lending

Einat Steklov
Recent events in the banking industry have sparked discussions regarding access to credit and lending. As some financial institutions faced a series of unprecedented challenges, there was a shift in the way lenders approached the extension of credit to individuals. Many banks tightened their risk assessment protocols and implemented stricter......
RET Ventures Leads $3-Million Seed Funding Round in Rent Butter, a Next-Generation Tenant Screening Product
Banking Investment Services News

RET Ventures Leads $3-Million Seed Funding Round in Rent Butter, a Next-Generation Tenant Screening Product

Business Wire
Startup creates a more accurate, equitable way for owners of multi and single-family and manufactured housing to assess potential residents Rent Butter, the first advanced tenant screening solution designed specifically for workforce and affordable housing, announced the completion of its seed financing round. The $3-million round was led by RET......
Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
Uplinq Joins Forces with Visa to Expand Access to Working Capital for Small Business in the United States and Canada
Digital Payments News

Uplinq Joins Forces with Visa to Expand Access to Working Capital for Small Business in the United States and Canada

PR Newswire
This strategic collaboration enables both companies to provide SME scoring and risk assessment tools to small business lenders Uplinq Financial Technologies – the first global credit decisioning support platform for small business lenders – announced its collaboration with Visa, a world leader in digital payments. Under this agreement, Visa will partner......
Cross River Partners with Current to Further Its Mission of Financial Inclusion and Serving the Underbanked Population of 26 Million
Fintech News

Cross River Partners with Current to Further Its Mission of Financial Inclusion and Serving the Underbanked Population of 26 Million

Business Wire
Solution addresses critical credit history problem currently restricting access to credit and financial stability for millions Credit building product will enable members of Current to build credit histories through a single spending balance Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Current, a......
Analytics Artificial Intelligence Featured Finance Fintech Primers

AI Dynamics In Financial Services- WEF

Pooja Choudhary
In this data-rich industry, every aspect of AI dynamics matters. There are several uses for AI in the financial sector. Perhaps the greatest benefit of artificial intelligence is the vast potential for automation it offers. Therefore, financial institutions may benefit from automation in many ways that boost production and efficiency.......
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