Tag #Financial Technology

Showing 49 to 60 of 69 results

forbes.com
🌐 85% Global Worthiness
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Senate Investigates Allegations of Regulatory Pressure on Crypto Firms

U.S. Senators are investigating allegations that federal regulators pressured banks to cut ties with cryptocurrency firms, leading to widespread debanking and impacting businesses like Anchorage Digital, which lost a corporate bank account and laid off 20% of its staff; the hearings follow reports a...

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Outdated Loan Underwriting Practices in US Banks Hinder Small Businesses

US banks' manual underwriting of small business loans, reliant on credit scores, is slow, expensive, and biased, rejecting many deserving businesses; a shift towards transaction data analysis like cash flow offers a more accurate and inclusive assessment, already implemented by some progressive bank...

Progress

52% Bias Score

Reduced Inequality
nos.nl
🌐 65% Global Worthiness
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Dutch ATM Failures Highlight Cash Access Challenges

Dutch ATMs failed to meet availability targets in 2023, averaging 97.5% uptime only in February, due to factors including increased cash demand and ATM replacements. Geldmaat proposes a revised metric considering nearby ATMs, while the government prepares legislation to ensure cash access.

Progress

48% Bias Score

Reduced Inequality
repubblica.it
🌐 75% Global Worthiness
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Italian Financial Advisory Sees 95% Growth, Underscoring Need for Innovation

Luigi Conte, president of Anasf, highlights a 95% year-over-year increase in Italian financial advisory net collections (€5 billion in November 2024), emphasizing the need for continuous investment in training, technology, and innovative business models to address outdated practices and low financia...

Progress

32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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SoFi Exceeds Q3 Expectations Amidst Analyst Uncertainty

SoFi, a financial services platform, exceeded Q3 2024 revenue and earnings expectations, reporting $697 million in revenue and 5 cents GAAP EPS, while its customer count grew by a third to over 10 million; however, its stock price, at $18.10, remains below its peak, and analysts have mixed views on ...

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Wealth Management in 2025: Adapting to Evolving Client Needs

The wealth management industry faces transformation due to economic shifts and evolving client preferences; high-net-worth individuals, especially younger generations, demand personalized, sustainable strategies and digital tools, creating opportunities for adaptable advisors.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Trump Media Launches Truth.Fi, Investing \$250 Million in Bitcoin and American Growth

Trump Media and Technology Group launched Truth.Fi, a \$250 million financial services brand investing in American growth, manufacturing, energy, and Bitcoin, with Charles Schwab as custodian and advisor; TMTG shares surged 8% after the announcement.

Progress

64% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Barclays Outage: Thousands of Customers Affected

Barclays bank in the UK suffered a three-day outage affecting online and mobile banking, impacting millions of customers and causing payment failures, with some customers reporting serious financial hardship as a consequence; the cause remains unexplained.

Progress

56% Bias Score

Reduced Inequality
repubblica.it
🌐 75% Global Worthiness
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ConsulenTia 2025: AI and the Future of Financial Advice

Anasf's ConsulenTia 2025, held March 11-13 in Rome's Auditorium Parco della Musica, addresses financial advisors' concerns about AI's role, exploring AI's strategic use and discussing generational interaction, advisor protection, financial education, and gender equality.

Progress

44% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Raiz Invest Reports Strong Quarterly Growth, Fueled by New Products and AI Marketing

Raiz Invest announced a 5.1% revenue increase to $5.95 million in its latest quarter, driven by 7395 new users, new products (Raiz Jars and Raiz Rewards), and improved AI marketing; funds under management rose 32.4% year-on-year to over $1.6 billion.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Software Failure Spurs Cash Rush, Underscoring Need for Payment Diversity

A major software failure caused widespread digital payment disruptions, leading to a 30% surge in U.K. ATM withdrawals and highlighting the ongoing importance of cash as a backup payment method amid growing concerns about digital security and privacy.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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UBS Upgrades Capital One and Discover Following $35.3B Acquisition

UBS analyst Erika Najarian upgraded Capital One and Discover to "buy" following Capital One's $35.3 billion acquisition of Discover, expecting significant earnings growth and increased operating efficiency, closing in early 2025, creating a vertically integrated payments platform.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 69 results