Zuto, a car finance marketplace, has recognized the potential of AI while also understanding the importance of customer service. They have found that AI can be used to enhance customer interactions, automate
TLDR: Applications and nominations are now open for the Fintech Awards Wales 2024, celebrating the growth of the FinTech sector in Wales. The ceremony features 15 categories and will take place on
Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, is set to retire from his role. Esposito will become a senior director at the investment bank. His retirement
TLDR: Using overdrafts can lead to financial hardships for consumers Consumers living paycheck to paycheck are six times more likely to attempt a transaction without sufficient funds In challenging economic times, accessing
In its finance forecast for 2024, Demica, a market-leading fintech company, highlights several key trends and developments in the financial services industry: Banks are expected to focus on fostering long-term relationships with
Canadian banks are potentially misleading investors with their use of the term “sustainable finance,” according to a complaint made to securities regulators by climate advocacy group Investors for Paris Compliance. The group
TLDR: The new Fafsa (Free Application for Federal Student Aid) form, which was supposed to simplify the financial aid application process for college students, has caused delays and frustration for many families.
Financial decisions can be influenced by cognitive biases that affect the way investors reason, evaluate, remember, and make decisions. Investors are often inundated with an overwhelming amount of data, which can lead
The U.S. Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) has published a 79-page report on policy recommendations for decentralized finance (DeFi), covering a wide range of issues beyond identity. The report
TLDR: A Long Island financial advisory firm is facing a $15 million lawsuit filed by an employee who claims that the company is a “boiling, alcohol-fueled sexual cauldron.” The employee alleges that
TLDR: Data from Innovate Finance shows that global investment in fintechs plummeted by 48% in 2023, reaching $51.2 billion. However, the United Arab Emirates (UAE) bucked this trend by experiencing a 92%
TLDR: North Carolina Lt. Gov. Mark Robinson, who is running for governor, is facing questions about campaign finance irregularities. Activist Rob Hall filed a complaint with the State Board of Elections 35
TLDR: QuickFi has been awarded the 2024 BIG Innovation Award for its embedded finance platform. The platform allows banks and global OEMs to offer self-service financing at the point of sale. The