CNN's Chris Cuomo speaks with Vlad Tenev, CEO of the stock-trading app Robinhood, after the company barred traders from buying shares of GameStop promoted by WallStreetBets, a popular subreddit for investors.
As retail investors on Reddit boosted heavily-shorted stocks like AMC Entertainment, Blackberry, and GameStop – which rose hundreds of percentage points in recent weeks
Read MoreThis week, CCG Catalyst Consulting and the Arizona Bankers Association partnered to create the Arizona Fintech Council, an entity that will allow new opportunities for financial institutions and fintechs to work together and build proofs of concept as part of Arizona’s regulatory sandbox.
Read MoreOpenly, which offers premium homeowners insurance through independent agents, is partnering with AI startup Flyreel to integrate its toolset as part of a streamlined home inspection process.
Read MoreAnt Group (formerly Ant Financial), which owns payment platform Alipay and operates a loan marketplace, plans to roll out a series of reforms in response to concerns from Chinese regulators.
Read MoreAnt Group (formerly Ant Financial), which owns payment platform Alipay and operates a loan marketplace, plans to roll out a series of reforms in response to concerns from Chinese regulators.
Read MoreFedNow, a real-time payments network run by the Federal Reserve, announced 110 new partner institutions for its pilot program, which includes banks and processors.
Read MoreWith 2021 starting off with prospects for the growth of embedded finance, or adding financial services into a range of new use cases (including non-financial ones), the fintech OG – personal finance tech companies – are growing, including Culver City, Calif.-based Albert.
Read MoreWe are almost into February and the growth of the SPAC (special purpose acquisition company) route to taking fintech companies public shows no sign of abating.
Read MoreAs the Biden administration gets its ducks in line for a more aggressive financial regulation apparatus post-Trump
Read MoreJanet Yellen, the Biden administration’s Treasury Secretary nominee and former chair of the Federal Reserve, outlined some key financial industry priorities in a Senate confirmation hearing on Tuesday, Jan. 19.
Read MoreLendingClub, the publicly-traded digital-lending marketplace, got the green light from regulators to complete the acquisition of Radius Bank, after getting preliminary approval from the Office of the Comptroller of the Currency in December.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
.gif)
.png)
.png)
.png)
