It's been a rough year for fintechs and for the venture capital firms that fund them. Venture capital flows into financial technology companies dropped by 36% year over year to $6 billion in the third quarter of 2023. But Amy Nauiokas, founder and CEO of Anthemis Group, is optimistic about 2024.
Listen to this podcast with John Duigenan, General Manager, Global Financial Services Industry at IBM, to learn how bankers can seize opportunities to innovate and maximize the results of generative AI while ensuring the governance necessary for trusted results.
The latest consumer survey report from Elan Credit Card and PYMNTS Intelligence reveals that 24% of consumers would most likely turn to a credit union or community bank for their next credit card – in many instances where these consumers already hold their primary bank account.
The latest consumer survey report from Elan Credit Card and PYMNTS Intelligence reveals that 24% of consumers would most likely turn to a credit union or community bank for their next credit card – in many instances where these consumers already hold their primary bank account.
Over the past year, the national bank regulators' oversight of Silicon Valley Bank, Signature Bank, Silvergate Capital and other banks that failed has been criticized. Reports of a toxic workplace at the FDIC have come to light. And the OCC hired a Deputy Comptroller and overseer of fintech who had easily discoverable falsehoods on his resume. Michele Alt, cofounder and managing director at Klaros Group, explains what this might mean for banks in the coming year.
