Fintech
Capgemini’s annual World Payments Report is always interesting reading for money nerds like me, and the just-released 2025 report is no different. There is a lot of focus on account-to-account (A2A) payments in the report, just as you would expect given current trends, and it goes so far as to…
In the aftermath of the 2024 presidential election, much attention has focused on the implications of President Trump’s historic return to the White House. Yet another significant story has emerged: the failure of prediction markets to provide reliable forecasting during the pivotal contest between Trump and his opponent, Kamala Harris.…
The meteoric rise of AI in the past year has captured the world’s attention. With hundreds of millions of users flocking to tools like ChatGPT and the deluge of other AI-powered applications, investors and startups have quickly shifted their focus, directing significant investments toward AI projects. This surge of interest…
Experian, TransUnion and Equifax, the three major credit bureaus, have all ended their data partnerships with TomoCredit, refusing to include credit lines reported by the troubled San Francisco startup, Forbes has learned. TomoCredit claims it can help boost consumers’ credit scores through features like opening a line of credit for…
Submissions for our annual list will be accepted through November 15. FFor the past nine years, we’ve published our annual Fintech 50 list, covering the top private companies that are transforming finance through technology. (Here’s last year’s Fintech 50.) From digital banks and payments startups to fraud prevention firms and…
Ayala Corp., the holding company of billionaire Jaime Zobel de Ayala and his family, will be paid 18.4 billion pesos ($318 million) for half of a company that holds a minority stake in the Philippines’ most popular mobile e-wallet, GCash. Mitsubishi Corp., Japan’s largest trading company, agreed to pay the…
Over the past few years, fintechs and the banks they partner with have increasingly run afoul of compliance regulations, and Sima Gandhi has seen the issues play out first-hand. In late 2021, she launched Creative Juice, a San Francisco fintech startup that provided creators like YouTube Influencers with digital banking…
After being valued at $13.4 billion in 2021, fintech’s data plumber saw growth slow dramatically. Now CEO Zach Perret is moving aggressively into three new lines of business. By Jeff Kauflin, Forbes Staff Zach Perret, cofounder and CEO of 12-year-old Plaid, took the stage at the company’s annual customers conference…
This week the Federal Reserve announced a 50bps interest rate cut taking the Fed Funds Target rate to 4.75 – 5 percent, the first cut in over four years, and signaling that the easing cycle has commenced. The announcement was one of the most anticipated and talked about in recent…
I am just returning home from the inaugural 24Fintech Conference in Saudi Arabia, and am reflecting on the rapid rise of fintech in the region. The Kingdom is positioning itself as a center for growth in the fintech sector – and there are a few reasons I’m excited. 1. Government…
