News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

What is EMV? This 2min video from Gemalto explains

Gemalto have manufactured and deployed over 4 billion EMV cards worldwide. This 2 minute video explains what it is all about.

No Swiping – EMV bankcards contain smart card technology. Smart cards use a computer and software with hundreds of built-in security...…

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Enabling the bottom billion

As world leaders converged on NYC this week, one of their most important tasks was adoption of a new set of sustainable development goals...

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Massive drop in number of unbanked reported by World Bank

The World Bank's latest report on financial inclusion found that 700m adults worldwide became bank account holders between 2011 and 2014.

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers,...…

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The New Bond Market: Algorithms Trump Humans

The equity and FX markets were the first to be overrun by computerized trading strategies now the $12.7t Treasury market is feeling the...

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Dallas-Based DriverUp Bolsters Lending Marketplace With $20M Series B

DriverUp is a Dallas, TX based online marketplace that allows investors to buy auto loans. The company has raised a $20m Series B.

DriverUp provides investors access to loans used by consumers to buy cars. Those investors are typically groups such as hedge funds,...…

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Tech Firms Venture Into New Territory: Lending

The large amount of financial data captured on small businesses has allowed new service providers to become lenders. Intuit's QuickBooks...

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Finovate Fal 2015 Recap

Pymnts.com highlights the trends from this year's Finovate NYC conference. The two day conference showcased more than 70 companies that...

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Vista Equity Partners to buy Solera for $6.5b

Texas based software company, Solera Holdings, reached an acquisition agreement with private equity firm, Vista, for $6.5b including...

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Deutsche Bank to cut workforce by a quarter

Fines, rising costs and increased regulations have caused Deutsche Bank to reduce the company's headcount by 25% or 23k jobs. Most of the...

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AvidXchange raises a $225m Series E

Accounts payable and payment automation firm AvidXchange raises a $225m Series E led by Bain Capital. Other investors in the round...

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Why do people fire their financial advisors?

Poor performance, lack of communication, corruption, and high fees are just a few reasons why investors fire their financial advisors.

Think Advisor says a study conducted by Spectrem Group found 58% of high-net-worth individuals will switch financial advisors at least...…

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Tech Firms Are Notably Scarce in IPO Market

Tech IPOs in the US market has fallen to a 7 year low. Year to date, only 11% of IPOs in the US involved tech companies for comparison...

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Google Wallet pivots and turns into Venmo

Google Wallet beat Apple to the payment game by a couple of years, but Apple Pay was ultimately a bigger success. The new Google Wallet...

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Fintech Clubs Are Trending at B-Schools

MBA students are hungry to get involved with fintech companies. Wharton and MIT were the first two Universities to create formal clubs,...

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Greetings From Bitcoin Island

Bloomberg's Jeremy Kahn flew 70 mins from London to an island that has welcomed digital currencies like no other place on the planet. He...

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Not All Unicorns Are Created Equal

Using a good dose of fairy tale language this Re/Code article explores the differences between "straw", "stick and "brick" unicorns.

A “straw” company faces the same issues a straw house might — you’re going to see this structure wobbling in the wind. Without the...…

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Carlyle snags insurance SaaS buyout

UK based claim processing services company, Innovation, was acquired by the buyout group Carlyle for $772m. Innovation offers its'...

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Investment gamification app Bux raises $1.7m

Amsterdam based investment gamification app raised a $1.7m financing round, led by Initial Capital. The company is trying to make...

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Do we hate banks...again?

According to a recent survey on consumers' perceptions of various industries, including banking, there was (yet again) a rise in...

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Why startups should leverage compliance

Why wait till regulators come knocking on the door? As startups begin lean and adaptive, they are capable of building systems that fit...

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Advicent partners with Quovo

More exciting news from FinTech Collective's portfolio company, Quovo! The company announced a partnership with financial services...

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Market Turmoil Tests ‘Robo Advisers’

Robo's pride themselves on providing a great product with super-low fees. Low fees are possible with ETFs and the elimination of high...

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