Fintechs and Traditional Investment Firms Engaged in Escalating Conflict Over Retirement Savings Accounts, Report Claims

There appears to be an escalating conflict in the retirement savings industry, according to an update from the New York Times. Fintech startups are developing tools that allow independent financial advisers to directly manage clients’ 401(k) accounts—such as rebalancing investments—without the traditional barriers imposed by… Read More

FSB Report Provides Guidelines on Monitoring AI Adoption in Financial Industry

A new FSB report sets out guidelines for relevant authorities regarding how to tackle the challenges related to overseeing the adoption of artificial intelligence in the financial services industry. AI is being increasingly used by financial services providers and other industries as well because of… Read More

Brazilian Payments Fintech PicPay Targets $500M in US IPO to Fuel Growth

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

NoFraud’s Yofi Acquisition Bolsters Return Fraud Response

NoFraud, an e-commerce fraud prevention provider, has acquired Yofi AI, a return fraud and policy abuse detection platform for e-commerce retailers backed by Nyca Partners, Point72 Ventures, and eBay Ventures. With Yofi AI, NoFraud is expanding beyond payment fraud to stop policy abuse at scale… Read More

Gift Card Purchases Rising, Blackhawk Network Explains Why

Shoppers are strategically shifting toward more gift card purchases to maintain holiday gifting traditions amid economic pressures, according to new research from Blackhawk Network (BHN), a global provider of branded payment solutions. BHN’s annual holiday forecast, which surveyed more than 2,100 U.S. consumers, reveals that… Read More

Rakuten Research Suggests Incentive Stacking, Rising Credit Card Debt Among 2025 Holiday Shopping Trends

Rakuten has unveiled new research conducted by Harris Poll highlighting a sharply divided outlook for holiday shopping this year. Just 28% plan to spend less, while 26% expect to spend more. This divide is even more pronounced among households with children, which are gearing up… Read More

Maclear: European P2P Lending Rates Rising

A new study by Maclear shows that the P2P lending sector in Europe is gaining momentum as investors look for higher yields and stronger safeguards, while small and medium-sized enterprises (SMEs) turn to crowdlending for more flexible access to capital. According to the study, European… Read More

Yendo’s $50M Series B Attracts Mark Cuban, Others

Yendo, the company behind a vehicle-secured credit card, this week announced a $50 million Series B funding round. It includes investors Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Mark Cuban, and Clocktower Technology Ventures. The funding will accelerate Yendo’s expansion beyond secured lending… Read More

ClearBank and PayCaptain to Enable Real-Time Payroll Payments and Embedded Savings Accounts

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with payroll software platform PayCaptain, enabling real-time salary payments for employees across its network of over 300 corporate clients. PayCaptain will become ClearBank’s embedded banking partner in the corporate sector, marking a key… Read More

Fintech Startup Prospero Aims to Democratize Access to Financial Markets for Retail Investors

We recently caught up with George Kailas, CEO & Founder of Prospero, a Fintech startup with a mission to democratize access to financial markets for retail traders and investors. Prospero explains that it simplifies institutional trading behavior into more meaningful and “actionable” data-driven insights that… Read More

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