U.S. taxpayers have been the biggest winners in the distribution of stimulus checks from the IRS. Last year’s first and second rounds of stimulus checks surpassed $410 billion. This year’s wave of checks already exceeds $240 billion. Another of the big stimulus winners: fintech. Following the release of the most recent round of stimulus checks, […]
Kelly Fryer was brought on as the executive director of Boston-based FinTech Sandbox, and told FinLedger that joining the company was a merging of her two backgrounds in fintech and data.
While there isn’t a clear standard around how banks should manage data, the best place to start, is typically under one roof – with householding data (grouping customer accounts to identify decision units or households).
Both the NYSE and the Depository Trust & Clearing Corporation (DTCC) are in favor of changing the stock trading settlement time to one day instead of two days, lowering risk for investors and brokerages.
Arturo, a platform that obtains property insights and predictive analytics from aerial and satellite imagery, has partnered up with Urban Sky to use its stratospheric photos into Arturo’s collection of property images.
TomoCredit has launched its TomoCredit Mastercard that doesn’t require FICO, soft or hard inquiries to apply or open.
The Financial Technology Association, FTA, has recently launched its organization and has some notable founding members including Afterpay, Betterment and Brex.
SoFi’s public offering plans are on pace to go public in the next few weeks, noting its acquisition of Golden Pacific won’t interfere.
Online trading platform eToro has reached an agreement with Betsy Cohen’s SPAC, FinTech Acquisition Corp. V, to take the company public in a deal valuing the business at $10.4 billion, according to Bloomberg.
Amount is sitting on a $100 million war chest to pursue the mission of helping banks and financial institutions “go digital in months—not years.”
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